China Works international bid 168 million USD project

NetEase Finance April 19 News of the International evening notice, April 18, the company and the Angolan Ministry of Agriculture, Rural Development and Fisheries signed the Angolan Bowser Farm project and the Angolan ancient India-Pakistan farm project Business contract, the total contract amount of 168 million U.S. dollars. Angola Bowser Farm Project contract amount of $88.638 million, located in Bowser, Angola, in the city of Kamala, the content of the land to build 5000 hectares of dry farming farms.　　The contract period is 66 months. The Angolan ancient India and Pakistan farm Project contract amount is 79.5636 million US dollars, is located in the Angolan Zaire, Prov. Do Ancient India and Pakistan city, the content is the reclamation construction 2960 hectares of dry farming.　　The contract period is 60 months.　　The above two contract amounts to 168 million U.S. dollars, about 1.11 billion yuan, for the company 2010 annual operating income of 21.95%. Wanguo The latest research report, China Industrial International 2010 realized operating income of 5.1 billion yuan, an increase of 19% per cent, the realization of attribution to the parent company net profit of 3.7 billion yuan, after deducting non-recurrent profit and loss year-on-year growth of 40%, a full diluted earnings of 1.07 yuan. Distribution scheme for each 10 shares cash dividend 3.5 yuan (including tax), to the Capital Provident Fund 10 shares to increase 3 shares.　　New signed contract full, future growth determined. The company identified the next three years "one pillar, two market, three-phase linkage" strategy, with major project development as the focus, will continue to promote the rapid operation of the scale of promotion. One of the pillars refers to EPC Project General contracting; two market refers to two domestic and foreign markets, domestic relying on the Wu platform to expand business; three-phase linkage refers to the synergy effect of EPC, overseas investment and trade three business.　　To maintain the 11, 12 EPs for 1.30, 1.81 of the forecast unchanged, maintain an "overweight" rating. 19th, China Industrial international 34.66 yuan. Responsible Editor: NF058