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    Yu Li Holdings: Chemical Fiber Tap? &Nbsp; Rebound Pioneer?

    2010/7/7 10:54:00 47

    Spandex Chemical Fibre Holdings Limited

    Reasons for the change:


    Today, the market is ushering in a rare rebound.

    chemical fiber

    The sector is eye-catching. It has come out of a good market as represented by 4.86,0.44,9.95% and Baoding. It is expected that net profit will reach 63 million yuan in the first half of this year, up 13.74 times compared with the same period.

    The company said the rise in performance was influenced by rising market demand and expansion of the company's business.


    Investment highlights:


    1, company

    Holding

    The three spandex companies are in full load production condition, the equipment is running well, the product orders are full, the production and marketing balance; another leading product of our company, Spandex Covered Yarn, has achieved international standards by adopting advanced production equipment and technology, and has established a good sales channel, with a good growth momentum.


    2, the company intends to sell some of the property assets of the shopping center of the Shu Du building, which is the property right of the 1-4 level business site of the Shu Du mansion, with a total area of 14100 square meters.

    The original value of the book is 105 million 470 thousand yuan and the net value is 99 million 720 thousand yuan. Recently, the assets appraisal company has assessed that the assessment price of the first floors of the North South Building and the atrium reaches 94 million 50 thousand yuan, which amounts to 204 million 130 thousand yuan.


    3, in response to market changes, the company plans to enter the high-end market of spandex fiber. This year, we will raise funds to invest in building three new projects: building an annual output of 10000 tons of high-tech functional differentiation.

    spandex

    "Project"; building "the introduction of key technology and equipment development and production of warp knitted special spandex project"; Jiangyin Yu Li Special Fiber Co., Ltd. to build differential spandex (functional fine denier silk) technical pformation project.


    Risk warning:


    The state will continue to strengthen macroeconomic regulation and control.


    The company said that the tightening of domestic credit scale, the expansion of the "subprime mortgage crisis" and the expectation of RMB appreciation will have an adverse impact on the downstream textile enterprises and have a certain impact on the operation.

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