Industry News

    Say goodbye to cheap Chinese goods price of water, electricity and other resources to change the countdown.

    Prices of resource products in the market-oriented has been criticized is not high, the current trigger price mechanism undervalued resources, resource utilization rate. May, the State Council approved the Development and Reform Commission issued "on the 2009 comments on the work to deepen economic reform", glue stick with particular reference to vigorously promote the prices of resource products and energy saving system, and clearly the responsibility of the relevant departments.

    Market continues to rebound, "the size of non-" underweight wind breaks out, notice a number of listed companies shares were 30 holdings of the shareholders.
General Electric CEO called on the U.S. for "large-scale industrial redevelopment"
...

    Market continues to rebound, "the size of non-" underweight wind breaks out, notice a number of listed companies shares were 30 holdings of the shareholders.

    Siyuan Electric (002028) Bulletin, April 30, 2009 until June 26 period, a wholly owned subsidiary Shanghai Siyuan, such as high-tech development Co., Ltd. listed for sale through the Shanghai Stock Exchange accumulated high level of electrical (600,312) Total 4,392,182 shares shares (representing the total share capital of the high level of electrical 0.8%). glue stick The company expects net of transaction costs and the profits after taxes (without considering the tax effects) was about 51.17 million yuan, or about the most recent fiscal year (2008) the audited net profit of 14.77%. As of June 26, 2009,glue gun from the source, such as high holding high level of electrical 82,994,424 shares (representing high level of electrical 13.53% of total shares). February 18, 2009 to March 31 period, from the source listed for sale such as high cumulative level of 580 million shares of high electrical and profit of about 66.75 million yuan.

    Spotlight.

    Beijing Municipal Development and Reform Commission announced on June 15, "Project to support energy management contract (Trial)": By contract energy management projects, energy savings of 15% -25% of the enterprises,glue stick the government will give no higher than 20% of project investment subsidies, energy savings of more than 25% of project investment companies with less than 30% of the subsidy.
...

    Since the beginning of summer, the streets Jiyang Zhao Zhao Shi Village, such as the Miao villagers, the five air-conditioning to bring the whole family and a cool 7. And last summer, because the village, low voltage, peak periods, he often can not start the air conditioning at home, become an artist.

    Phoenix Contact terminal products are rigorously tested in Germany, certification (including the nuclear power plant environmental product testing certification), the products are widely used in many types of nuclear power plants,glue stick nuclear power plants in China also has a good performance.

   Finet Shenzhen News.
 

   Shanghai Electric down 3.49%, to 3.60 Hong Kong dollars, after results released lower; the company's first half revenue fell 2.9% to 27.798 billion yuan (RMB, same below), net profit fell 11.46% to 1.547 billion yuan and earnings per share 0.11 dollars.
...

   In the first half results in line with expectations, several factors have led to lower profitability.

   First-half operating income of 27.871 billion yuan, total profit of 2.249 billion yuan, net profit of 1.983 billion yuan,glue stick respectively, compared with the same period last year down 3.96%, 21.53% and 14.96%, earnings per share were 0.11 yuan, in line with our expectations.

    Reuters chemical CBI Shanghai Electric Group Co., Ltd. (hereinafter referred to as Shanghai Electric Group) in August 14, 2009 Board meeting second two-fifth, the meeting considered and adopted the Shanghai Electric Group Printing and Packaging Machinery Co., Ltd. to Japan Akiyama International Corporation capital increase resolution,glue stick and consider the adoption of the Shanghai Electric Group A shares and H shares in the semi-annual report.

    We survey the recent investment advice XJ Electric (000400) with an exchange of assets into the company, State Grid acquisition and production operations.
    Do not take into account the assets to be injected into our forecast XJ Electric 09,10 annual operating income of 2.68 billion yuan,glue stick respectively, and 2.94 billion yuan net profit of 179 million and 202 million earnings per share were 0.47 yuan and 0.53 yuan. We expect the assets to be injected to achieve equity in net profit of 09,10 186 million and 197 million calculated according to the new capital of 120 million of assets into consideration after the XJ Electric 09,10 earnings per share reached 0.73 yuan, respectively, and corresponding to 0.80 per current share price earnings ratio of 33 times and 30 times. glue gun Given China's XJ Group EPRI on the possible acquisition and subsequent integration of further asset to the national grid may be in the White business, management, regulatory and other changes to bring about large XJ Electric we give the "recommended" investment rating.