Sina Finance

Jinshan Shares: Profitability improvement of new energy leaders

http://www.sina.com.cn 08:40, December 10, 2007 China Securities Network - Shanghai Securities News

Jinshan

   Sina tip: This is a research report column, which is only an analyst's personal views and opinions on a stock, not a formal news report. Sina does not guarantee its authenticity and objectivity. All effective information about the stock is subject to the announcement of the Shanghai and Shenzhen Stock Exchanges. Investors are respectfully advised to pay attention to the risks.

The company (600396) is currently the only listed company that directly enjoys the income from wind power generation. The power generation units of Liaoning Kangping Jinshan Wind Power Generation Company and Zhangwu Jinshan Wind Power Generation Company, which are controlled by the company, have been officially put into commercial operation. In the future, it is expected to become the absolute leader in wind power generation and new energy in the domestic capital market. A few days ago, the Board of Directors announced that it was planned to allot shares to the original shareholders at 10:3, raising no more than 1 billion yuan to invest in the new construction project of Dandong Jinshan Thermal Power Plant and the expansion project of Shenyang Jinshan Thermal Power Plant. Both projects are cogeneration encouraged by the state, enjoy preferential policies, and have good profitability. It is predicted that after the two projects are put into operation, they will contribute 270 million yuan of net profit to the company every year. The future development prospects are quite promising. In the near future, the stock has been adjusted sufficiently, with continuous low volume and obvious signs of new capital intervention. The acceleration of the future market may be launched, focusing on.

(New era

negotiable securities Huang Peng)

Sina statement: The content of this article is purely the author's personal view, only for investors' reference, and does not constitute investment advice. Investors operate accordingly at their own risk.

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