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    Yu Li Holdings: Chemical Fiber Leader &Nbsp; Rebound Pioneer

    2010/7/7 20:19:00 24

    Yu Li Holdings Chemical Fibre

    Reasons for the change:


    today

    market

    Welcome a rare rebound. At the opening stage, the chemical fiber sector was eye-catching. It represented a good market on behalf of 4.86,0.44,9.95% and Baoding. It is expected that net profit will reach 63 million yuan in the first half of the 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, the company holding three spandex companies are in full load production state, the equipment works well, the product

    Order

    The products of Spandex Covered Yarn, another leading product of our company, have reached the international standard with the adoption of advanced production equipment and technology, and 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.

    Assets

    The property right for the 1-4 floor of the shopping mall in Shu Du mansion has 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 the construction of three new projects: building an annual output of 10000 tons of high technology functional differential spandex project; building "the introduction of key technology and equipment development and production of warp knitted special spandex project"; and 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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