To enhance the capacity of sustainable development, mid-A (000050) (000050) Bulletin, owned subsidiary of Shanghai Tianma planed to build 4.5 on behalf of the AM-OLED pilot line, the total investment of 492 million yuan.
The project will be available in the 4.5 generation of Shanghai Tianma TFT-LCD production line of venue construction, which will be processed on glass substrate 1000. Sources of project financing for the Shanghai Tianma self and apply for government funding, which funds raised 210 million yuan, 282 million for government funding.
It is learned, AM-OLED (active organic light emitting diode) is a function of using organic semiconductor materials, electrical energy directly into light energy technology. Possess its own high-color, high contrast, wide viewing angle, high brightness and a series of outstanding advantages, is considered following the LCD, PDP after the greatest potential for development of new flat-panel display technology by the global attention, its technology and market scale has been some development. The future, as technology, materials technology breakthroughs, and significantly improve product yields, product prices continued to drop, AM-OLED will have more room for development, and most likely to form a TFT-LCD's great challenge.
, Mid-A semi-annual report also released today showed that the overall environment as the market better than the same period last year, along with a positive adjustment of product mix and customer mix, the first half, mid-A main business income of 1.413 billion yuan, an increase of 62.81%, 44.7698 million yuan net profit attributable to parent company, an increase of 143 million yuan. , Mid-expected return to profit in the first three quarters of this year, achieving net profit attributable to parent company about 65 million yuan.
In addition, the, mid-notice, the company shares with the Chinese subsidiary of Pegasus Aviation Technology, Wuhan, Xiamen Co., Ltd. entrusted import agency agreement signed, the company commissioned in the Air Xiamen agent imported equipment, raw materials and domestic trade operations, totaling about 800 million yuan, is expected to pay import agency fee of about 6.4 million yuan.
In short, financial intermediation is the capital. Finance is the currency in circulation and credit activities and economic activities associated with the general term, refers to all the broader financial and credit currency issue, storage, exchange, settlement, factoring-related economic activities, and even gold and silver trading, narrow financial experts refer to the currency of credit intermediation.
2010年8月14日星期六
"Dr. Paul million payment" cash flow negative 39.4 billion yuan in the first half
Cash flow from operating activities developers have turned negative, of the continuing high level, like chess in that regulation to the credit bureau.
August 12 evening, the first open shares (600,376) (600,376) semi-annual report released shows that its net cash flow from operating activities -29.06 billion, become the real estate investment (000 024), Jia Kai City (000 918), the another emergency cash flow a property company.
Shares started the semi-annual report shows that its first half net profit was 8.76 billion yuan, up 173.57 percent over the previous year, but net cash flow -29.06 billion yuan, up 795.50 percent last year, down substantially.
Similarly, the Beijing Urban Construction released the same day (600 266) (600 266) semi-annual report also shows that the first half of Beijing Urban Construction to achieve 363 million yuan in net profit (up by 97.82%), while the same negative cash flow, net -7.49 100 000 000 element.
However, the first open shares, Beijing Urban Construction cash flow is negative, because in the first half crazy to take to the consequences. Among them, the first open shares added 2.133 million square meters of land reserves, Beijing Urban Construction land planning new construction area 735,000 square meters.
On the one hand because of crazy hold real estate to pay the increase, while sales of the full hold on the price plummeted.
Not only is the above real estate company, as on August 13, a total of 38 real estate companies released semi-annual report. Of these, 28 real estate companies operating activities Net cash flow was negative. Among them, Poly Real Estate (600,048) (600,048) to -233.48 million in cash flow top, Vanke -95.14 billion in cash flow, payments to the Group (600,383) Cash flow -45.36 billion real estate investment cash flow -19.99 billion. Four known real estate giant, "Dr. Paul Wan Kim," total cash flow from operating activities was negative 39.397 billion yuan.
Among them, the four giant cash flows are more strained, according to the first quarter. Poly, Wanke, gold, the investment in the first quarter cash flow was -150.16 billion -68 billion, -34.06 billion, -7.94 billion, for a total -260.16 billion.
The cash-flow positive in the 10 real estate companies, the maximum value is called the first real estate stocks, Zhejiang Guangyu Group (002 133), its cash flow is 4.43 million, one-quarter cash flow was 2.26 million, which Guangyu Group benefited from the reporting period no new land reserve.
However, very few such cases, the first half of sales revenue, but to take to become the most real estate companies in increasing the double-edged. Generally negative cash flow, increase volume, indicating real estate developers started to take, the greater the short term expenditure. Such as China Vanke, the sales amount in the first half as high as 36.77 billion yuan, while a great cash flow withdrawn from circulation more rapidly in the second and third tier cities in large holdings of land. Vanke semiannual reports showed the first half of new land 38 Vanke, the corresponding interest calculated in accordance with the planning of Vanke total 8.93 million square meters floor area.
You can see the new trend is the continued high level of negative cash flow gradually to take to discourage real estate developers. Recently, frequent Liupai land, a substantial decline in trading volume is indicative of the property market has been significantly effective regulation of real estate from the high degree of steering the economy boom of the long-term low. Can predict the next step will help to achieve competitive real estate expansion.
However, credit control, lack of market timing under the direct financing, developers must also showed the development of banks compete for loans. Central Bank statistics show that the second quarter, new development loans 121.6 billion yuan, 199.1 billion yuan less than a quarter. So, faced with shrinking piece of cake development loans, bank funds will choose to have the strength of the real estate business tilt. This large property developers, or dare to tight money in the first half to take the time to keep one of the reasons.
Subsequently, the same limited by tight cash flow, small developers, or again Baotuan heating alternative, have cut prices, and even land sales, real estate industry, the resulting pattern will be divided.
Thus, in 2010, continued to deepen the real estate under the New Deal will be regulating real estate since 2005, the best time effective. Developers under tight cash flow, in the second half might trigger a price war, if out of the housing bubble can and will take to expand senses, is market fortune. So since the banks worry about credit risk on the property can also be phased ending.
August 12 evening, the first open shares (600,376) (600,376) semi-annual report released shows that its net cash flow from operating activities -29.06 billion, become the real estate investment (000 024), Jia Kai City (000 918), the another emergency cash flow a property company.
Shares started the semi-annual report shows that its first half net profit was 8.76 billion yuan, up 173.57 percent over the previous year, but net cash flow -29.06 billion yuan, up 795.50 percent last year, down substantially.
Similarly, the Beijing Urban Construction released the same day (600 266) (600 266) semi-annual report also shows that the first half of Beijing Urban Construction to achieve 363 million yuan in net profit (up by 97.82%), while the same negative cash flow, net -7.49 100 000 000 element.
However, the first open shares, Beijing Urban Construction cash flow is negative, because in the first half crazy to take to the consequences. Among them, the first open shares added 2.133 million square meters of land reserves, Beijing Urban Construction land planning new construction area 735,000 square meters.
On the one hand because of crazy hold real estate to pay the increase, while sales of the full hold on the price plummeted.
Not only is the above real estate company, as on August 13, a total of 38 real estate companies released semi-annual report. Of these, 28 real estate companies operating activities Net cash flow was negative. Among them, Poly Real Estate (600,048) (600,048) to -233.48 million in cash flow top, Vanke -95.14 billion in cash flow, payments to the Group (600,383) Cash flow -45.36 billion real estate investment cash flow -19.99 billion. Four known real estate giant, "Dr. Paul Wan Kim," total cash flow from operating activities was negative 39.397 billion yuan.
Among them, the four giant cash flows are more strained, according to the first quarter. Poly, Wanke, gold, the investment in the first quarter cash flow was -150.16 billion -68 billion, -34.06 billion, -7.94 billion, for a total -260.16 billion.
The cash-flow positive in the 10 real estate companies, the maximum value is called the first real estate stocks, Zhejiang Guangyu Group (002 133), its cash flow is 4.43 million, one-quarter cash flow was 2.26 million, which Guangyu Group benefited from the reporting period no new land reserve.
However, very few such cases, the first half of sales revenue, but to take to become the most real estate companies in increasing the double-edged. Generally negative cash flow, increase volume, indicating real estate developers started to take, the greater the short term expenditure. Such as China Vanke, the sales amount in the first half as high as 36.77 billion yuan, while a great cash flow withdrawn from circulation more rapidly in the second and third tier cities in large holdings of land. Vanke semiannual reports showed the first half of new land 38 Vanke, the corresponding interest calculated in accordance with the planning of Vanke total 8.93 million square meters floor area.
You can see the new trend is the continued high level of negative cash flow gradually to take to discourage real estate developers. Recently, frequent Liupai land, a substantial decline in trading volume is indicative of the property market has been significantly effective regulation of real estate from the high degree of steering the economy boom of the long-term low. Can predict the next step will help to achieve competitive real estate expansion.
However, credit control, lack of market timing under the direct financing, developers must also showed the development of banks compete for loans. Central Bank statistics show that the second quarter, new development loans 121.6 billion yuan, 199.1 billion yuan less than a quarter. So, faced with shrinking piece of cake development loans, bank funds will choose to have the strength of the real estate business tilt. This large property developers, or dare to tight money in the first half to take the time to keep one of the reasons.
Subsequently, the same limited by tight cash flow, small developers, or again Baotuan heating alternative, have cut prices, and even land sales, real estate industry, the resulting pattern will be divided.
Thus, in 2010, continued to deepen the real estate under the New Deal will be regulating real estate since 2005, the best time effective. Developers under tight cash flow, in the second half might trigger a price war, if out of the housing bubble can and will take to expand senses, is market fortune. So since the banks worry about credit risk on the property can also be phased ending.
Meili Paper Industry: Pre-losing 77 million in the first half
Involvement on behalf of ST Dongsheng (600 771) in overdue security, Meili Paper Industry (000815) today amended in the first half performance, the original loss of 11 million yuan for the loss of 77 million yuan to amend, down 2400%, basic earnings per share is negative 0.24 yuan.
Mainly due to its subsidiaries for the ST Tung Shing Tung Shing Chinese banks can not repay the debt due, the company providing its guarantee to 66 million yuan provision for estimated liabilities. The company is expected to guarantee 234.6 million yuan, of which ST Dongsheng and its subsidiaries involving 133.15 million yuan, Northwest bearing (000 595) was 101.45 million yuan. However, the company said prior year judgments based on information available at that time, the company did not expect the provision for overdue debt security issues, this year's interim financial report, based on the company to be on currently available information and its subsidiary, ST Tung Shing Tung Shing Chinese overdue The actual amount of provision for security is expected to bear the liabilities of 66.03 million yuan, the Northwest secured overdue items bearing the company's production operations due to normal without provision for estimated liabilities.
Mainly due to its subsidiaries for the ST Tung Shing Tung Shing Chinese banks can not repay the debt due, the company providing its guarantee to 66 million yuan provision for estimated liabilities. The company is expected to guarantee 234.6 million yuan, of which ST Dongsheng and its subsidiaries involving 133.15 million yuan, Northwest bearing (000 595) was 101.45 million yuan. However, the company said prior year judgments based on information available at that time, the company did not expect the provision for overdue debt security issues, this year's interim financial report, based on the company to be on currently available information and its subsidiary, ST Tung Shing Tung Shing Chinese overdue The actual amount of provision for security is expected to bear the liabilities of 66.03 million yuan, the Northwest secured overdue items bearing the company's production operations due to normal without provision for estimated liabilities.
Reduction by the shareholders of the companies
Gujing Distillery (000 596 200 596), said shareholders of Anhui Gujing Gujing Distillery Group Co., Ltd. on August 10 to August 12 to large holdings of company shares trading 440 million shares, representing the company's total capital ratio of 1.8723 %. After this reduction, Anhui Gujing Group Co., Ltd. still holds shares 13930.20 million, representing the company's total capital ratio of 59.277%.
Tibet's development (000,752) (000,752), said shareholders of the Tibet Autonomous Region of Tibet's development of state-owned asset management companies on November 11, 2009 ~ August 12, 2010 auction by way of reduction of concentration of 270.1916 million shares, accounting The total capital ratio was 1.02%. The reduction of state-owned asset management companies after the Tibet Autonomous Region, still hold shares of the Company 4,624.3684 million shares, representing the company's total capital ratio of 17.54%.
Through the Portuguese stock (600,365) (600,365), said, Tonghua Wine Co. on August 13, 2010 received the second largest shareholder of Tonghua Dongbao (600 867) Pharmaceutical Co., Ltd. informed its August 10, 2010 Shanghai Stock Exchange trading system through the reduction of the company selling unrestricted shares outstanding 1,305,926 shares, representing 0.93% of total shares; still holds 6,199,074 shares of company shares, representing 4.43% of total shares.
Tibet's development (000,752) (000,752), said shareholders of the Tibet Autonomous Region of Tibet's development of state-owned asset management companies on November 11, 2009 ~ August 12, 2010 auction by way of reduction of concentration of 270.1916 million shares, accounting The total capital ratio was 1.02%. The reduction of state-owned asset management companies after the Tibet Autonomous Region, still hold shares of the Company 4,624.3684 million shares, representing the company's total capital ratio of 17.54%.
Through the Portuguese stock (600,365) (600,365), said, Tonghua Wine Co. on August 13, 2010 received the second largest shareholder of Tonghua Dongbao (600 867) Pharmaceutical Co., Ltd. informed its August 10, 2010 Shanghai Stock Exchange trading system through the reduction of the company selling unrestricted shares outstanding 1,305,926 shares, representing 0.93% of total shares; still holds 6,199,074 shares of company shares, representing 4.43% of total shares.
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