On April 12, Yu Diamond held the 2011 online performance promotion conference. Investors expressed great concern about the recent media reports that the company's core ingredient, pyrophyllite, caused a large number of equipment to stop production due to serious shortages. In this regard, the company's chairman Guo Liuxi explained that the company disclosed the clarification on April 6, 2012. Announcement, the company's production and operation is normal, the business performance has maintained a sustained and rapid growth trend. Over the years, the company has maintained good cooperative relations with many suppliers. Yelaishi's supply channels are smooth, and the supply situation can fully meet the needs of the company's normal operations. In 2011, the company's overall operation was in good condition. The annual operating income was 464,507,900 yuan, an increase of 81.75% over the same period of last year; the net profit attributable to shareholders of listed companies was 141,628,100 yuan, an increase of 86.39%. According to the company's operation and capital operation, taking into account the return on investment of the shareholders, the company plans to allocate 10 shares for every 10 shares and distribute a cash dividend of 1 yuan (including tax). In 2011, the company's operating revenue growth was mainly due to the expansion of the main business of synthetic diamond production capacity and the strong downstream demand to drive the sales of the company's products. However, from the third quarter of 2011 to the present, the prices of diamond single crystal materials, especially the lower end materials, have dropped significantly. Therefore, the company's continued profitability has become a topic of concern to investors. Li Jigang, the chief financial officer, believes that the current market situation is mainly due to the decline in the price of low-end synthetic diamonds. The low-end products in the company's product structure account for a relatively small proportion. The price of diamond single crystals is basically stable. The follow-up company will continue to increase investment in research and development, strengthen management, and continuously improve the company. Profitability. The current slowdown in economic growth has led to the sluggish domestic manufacturing industry. Investors are worried that the overall demand for the diamond single crystal industry will be affected. Guo Liuxi believes that on the one hand, China's superhard materials and products industry has experienced a rapid development. Cycle, from 2001 to 2010, China's synthetic diamond production increased from 1.6 billion carats to 7 billion carats, an increase of 3.4 times, and the compound annual growth rate reached 17.82%. At present, China's synthetic diamond production has accounted for more than 80% of the global total, becoming the world's largest producer of synthetic diamond. On the other hand, with the improvement of technology and the expanding application fields, synthetic diamonds are not only used in sawing, grinding, cutting, drilling and other tools, but also gradually become microelectronics, optoelectronics, communication, aerospace, Materials that are indispensable in high-tech fields such as aviation, and future industry demand and growth prospects are favored by the company. The company achieved good results in 2011, but in the economic downturn, what kind of business strategy is adopted to ensure the continued growth of 2012 performance is a more concern for investors. Chairman Guo Liuxi replied, “synthetic diamonds The industry is in a period of rapid growth, and the company is full of confidence in its own operations. In 2012, in addition to making bigger and stronger artificial diamond products, the company needs to create new achievements in synthetic diamond powder and diamond wire saws. In the year, as the company's new micro-powder production base will be put into production in the second quarter of this year and the diamond cutting line will contribute to the mass production this year, the company's strategy of single crystal material-micronized-finished tools (composite materials) was launched last year. The layout will gradually get better. Perhaps the micro-powder business will be the company's biggest surprise in 2012. The company's diamond cutting line is currently in the promotion stage. From the perspective of the company's products, the main reference indicators of wire saws, TTV thickness error and surface roughness, can meet customer requirements. As of the end of December 2011, there is no diamond cutting line. Realize operating income. However, the company expects the business to break through in new markets this year and become a new highlight in 2012.
Paint Roller,Roller Paint Brush,Long Roller Paint Brush,Foam Roller Paint Brush
Laizhou Chenke trading Co., Ltd. , https://www.chenkegroup.com