2011年12月3日星期六

with the lower needsSeeking rapid growth

129667864380302892_173At present, Bao TI shares (600,456, closed at $ 25.9) in high-end titanium orders full case, company a certain amount of capacity bottlenecks, as early high-end offering investment and projects coming on stream before the end of 2012, the company will be towards steady growth, capacity bottlenecks in order to open and further high-end product structure in the direction of, the company results for the next 2 yearsRapid growth is determined. Investment projects coming on stream company investment projects coming on stream before the end of 2012. The wire rod project functioning, production capacity of 3,000 tons of large sized high-end bars tons free forging machine next year about the medium-term to enter pilot production, the item put into production and will be fully open company Foundry capacity bottlenecks, make the company the whole industry chainMore matches, and further optimize the product structure, productivity upgrading of the projects put into making high-end products. 5,000 tons of titanium with titanium line is one of the most complete product line, this line is producing many and is now in the pilot and the run-in phase, about next year's mid-term into regular production. The project will make the company for civilian use significant adjustment of the structure. Steady growthTo continue the company before the advent of high end in the explosive growth, stable growth can be sustained. As the domestic significant development in areas such as aviation diablo 3 power leveling, aerospace, marine, high-end orders marked improvement the company nearly two years. For high end, in our view, exceeded before brought explosive growth in domestic air engine, still on track to a steady growth in demand in this area. Of course, with the lower needsSeeking rapid growth, are also increasingly fierce competition in this area. In this regard, we believe that the rapid growth of industry determine profitability caused by high competition conducive to the healthy development of the industry. Because the company has a long-term technology accumulation and maintenance of customer relations, Po TI shares will still account for a distinct advantage in this area, will continue to be the development of the industry as a whole to benefit from one of the most visible companies�� In addition to the traditional high-end titanium material application in the field of Aeronautics and Astronautics, a company's titanium material application in other areas of the military also is expected to achieve substantial breakthroughs. High-end titanium maintained a steady growth in the short term, long anticipated, looking forward to turning point coming. At present the domestic demand for high-end titanium bottleneck remains to be made in engine development, once our country developed independently of the engine is successful,Large aircraft, large transport aircraft to achieve mass production, has accumulated in the military field and absolute advantage of Bao TI shares will usher in a performance period of growth for the outbreak. Exportation of general improvement. Seawater desalting in foreign areas, such as a significant increase in demand for titanium, company's high-end projects coming on stream also makes Titanium in other civilian areas such as sports goods export growth significantly. Aircraft titaniumConcerned there have been some improvements, but the aircraft itself is still a need to further improve local, company export aircraft titanium rose sharply still needs foreign aircraft and its performance further improved and increased orders, export aircraft Titanium is also worth looking forward to it. Maintain highly recommended rating maintained strongly recommended investment rating. We believe that the trend of the company to better determine andImproves constantly, put into production with the investment project and gradually turn solid, company problems of high cost will remain the short term, we maintain 2011-~2013-year EPS of $ 0.17 diablo 3 gold, respectively $ 0.74 and $, business better established. At the same time, military sales growth exceeded expectations of titanium material may also makes explosive growth performance may advance, maintain strongly recommended evaluationLevel. Original publication in daily economic news

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