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    Juhua Shares Set Up A Wholly Owned Subsidiary Responsible For Refrigerant Project Construction.

    2010/11/16 11:57:00 54

    Cooling Project Of Wholly-Owned Subsidiary Of Juhua Stock Co.Ltd.

      On the evening of November 15th, Juhua stock (600160.SH) issued a notice that, in order to consolidate and enhance the company's overall competitiveness, the company intends to set up a wholly owned subsidiary in Quzhou high tech Industrial Park of Zhejiang Province, responsible for the company. New fluorine refrigerant The development and construction of the project.


    this Wholly owned subsidiary It is called "Zhejiang Quzhou giant fluorine chemical industry Co., Ltd." with a registered capital of 50 million yuan, and its business scope is tentatively defined as the technological development and project construction of new fluorine refrigerant.


    The company said the funding was funded by the company's own funds.


    Zheng Fangbiao, an analyst with Xingye securities, believes that through the new projects and the acquisition of group business, the company has improved the fluorine chemical industry chain and will further strengthen its advantages in the field of fluorinated refrigerants.


    The analyst also pointed out that Juhua shares have a complete fluorine chemical industry and supporting industrial chain, and will continue to benefit from the prosperity of refrigerant products in the short term. In the long run, with the upgrading of fluorine chemical industry and the adjustment of industrial structure, the company's competitive advantage is expected to further improve.


    In the first three quarters, the company achieved operating income of 4 billion 50 million yuan, an increase of 43% over the same period last year, and realized a net profit of 390 million yuan, equivalent to EPS0.63 yuan, an increase of 517% over the same period last year, the best achievement in the same period of history. Among them, the three quarter net profit of 160 million yuan in the single quarter, equivalent to EPS0.25 yuan.

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