Sunward Pla Equipment Manufacturing Been Qualified Financial Blitz Was
Transaction Performance: Sunward yesterday issued a public notice, said the company was eligible for the PLA Equipment manufacturing. The news pushed the stock closed yesterday morning to the daily limit of slightly order Jibei.
Comments: The company announced yesterday, has received the PLA General Armament Department issued a notice, the company has registered incorporated into the “List of People’s Liberation Army Equipment manufacturing units,” People’s Liberation Army Equipment manufacturing unit has qualified for the company to develop the military market and in the military field has laid a good foundation, but also for the company’s future product sales provide some market support. Company as a key high-tech enterprises in Hunan Province, the main products include small-scale engineering machinery, large pile machinery, drilling equipment, mining machinery, medium and large, is the largest production base of the pile Machinery, system perfect for small construction machinery production base and national “863” results industrial base, benefiting from the domestic construction machinery industry as a whole rapid recovery. In to improve economic efficiency, enhance the marketing capabilities of the “one center, three drops three liters” business strategy, corporate expenses decreased significantly, operating results increased significantly. Company in 2009 net profit up 104% in the first quarter 2010 net profit rose 388 percent.
Secondary market, the stock since November 3, 2008 unearthed a new low of 6.79 yuan, the period lasted nearly a year and a half, the trend is gradually strengthened, the stock steadily upside, band features clearly. In the recent market plunge, the stock outperform but out of a strong trend. The Quarterly Bulletin also shows chips tend to concentrate. Zhou K line to see the stock has successfully broken through the six lines of resistance, moving average systems were ordered to the divergence of long trend of volume and price ideal. Trading yesterday was public information shows that the amount of stock to buy the top five 25% of the total turnover, showed a strong willingness to buy funds. But to buy a seat for the hot money to buy two active Everbright Securities sales department of Ningbo and Zhongshan South Jiefang Road, Hangzhou Fengqi Road, securities business department; and sell a seat for the top five institutions in the sale, sold 8.077 million. Concerned about the proposed center line dips.
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