Northern Skybird: Reaching a New High and Future Bullish Shareholding
http://www.sina.com.cn 11:21, August 10, 2007 Vertex Finance
Vertex Finance
Reason for change:
The company is the largest and strongest computer embroidery machine manufacturer in China. The company has produced for many consecutive years, and its sales volume ranks first in China. Its comprehensive strength in the world computer embroidery machine industry ranks first. Today, the aerospace and military industry plate rose sharply, showing the plate linkage effect.
Investment highlights:
1 The brand image established by the company in the embroidery machine industry is the biggest advantage of the enterprise. "Delta" and "Beifang Tianniao" are recognized as the first brands in the industry, and the company owns the textile and clothing automation equipment development center of China North Industries Group.
With the implementation of the raised investment project, Wuhan Tianniao Jiamei Company is controlled by the company, which has improved the variety of computer embroidery machines and enhanced the competitiveness of the industry. Hengyang Optoelectronics as the link to intervene in the field of military product production, adding new economic growth points for the company.
3 The company has a strong marketing network and after-sales service system, and its comprehensive strength is in the forefront of the industry; It has a technical research and development team, which has a leading edge in the computer embroidery machine industry; It has advanced production equipment and manufacturing capacity in the industry, which provides a basis for enterprises to produce high-quality products.
Risk warning:
Due to the "rapid" growth of the embroidery machine market for several consecutive years, it has been phased saturated since the second half of 2006.
2 RMB appreciation The suppression of exports, the shortage of embroidery workers of downstream embroidery manufacturers and the substantial increase of labor costs have hindered the rapid expansion of the industry, resulting in increasingly fierce competition in the computer embroidery machine industry and a downward trend in prices.
Investment suggestions:
The company is a leading enterprise in the embroidery machine industry in China“ Northern Skybird ”It is recognized as the first brand in the industry, and has the textile and clothing automation equipment development center of China North Industries Group; After the acquisition of Hengyang Optoelectronics, it successfully intervened in the field of military product production, adding new economic growth points for the company; Pay attention to bargain hunting. The first target price is 17.5 yuan.
Relevant sectors:
Space and military industry concept
