Side large carbon performance increased by more than 10 times times social Security as the first major circulation shareholder

Today (January 26), Fang Tai Carbon (600516, closing price of 11.98 Yuan) announced a bright 2010-year performance.　　In 2010, the company realized operating income of 3.216 billion yuan, an increase of 49.08% per cent, the realization of attributable to the listed company shareholders of the net profit of 406 million yuan, a violent increase of 1011.93%;　　The daily economic news reporter noted that in the four quarter of last year, the side of the big carbon by many institutional investors, Social Security fund even bought into the company's largest circulation shareholder. Subsidiary productivity increase contribution profit annual report shows that 2010 side of carbon production of 168,000 tons of charcoal products, production of 671,600 tons of iron powder, negative materials 33 tons, calcined coke production of about 70,000 tons. Among them, the sales income of carbon products reached 2.346 billion yuan, an increase of 49.22%, operating profit rate of 22.18%, an increase of 9.95%; Iron powder Sales income of 623 million yuan, the year-on-year increase of 51.53%, operating profit rate of up to 71.22%,　　Increased 14.6% year-on-year. The company pointed out that the rapid growth in performance last year mainly for three reasons: first, the holding subsidiary of Fushun Lai Mining Co., Ltd. in the second half of 2010 capacity increase, iron powder price floating, profit space, for the company's overall performance of the promotion played a key role; the company's iron powder production capacity has reached 1 million Second, the company since the acquisition of carbon in Chengdu, such as static pressure graphite products have initially shown a good market demand, profitability is strong.　　Third, carbon products are affected by the downstream industry, the price increase is small, but because of the production and sales compared to 2009, the product structure has been gradually adjusted, large specifications, ultra-high power graphite electrodes are gradually to market, but also contributed to the company a certain profit. Despite the increase in performance, but the side of carbon has been proposed in 2010 not to increase the allocation of profit distribution plan, the company said this is to "speed up the company's internal technical renovation project construction step to ensure the smooth implementation of the project."　　"Non-standard comments issued due to pending litigation it is worth mentioning that, although the net profit growth of 10 times times year-on-year, but the side of carbon has become the first annual report issued non-standard audit opinion of non-ST companies. The annual report shows that Crowe-wah CPA firm has issued an unreserved comment on the company's financial report for a pending lawsuit, reminding the report users to pay attention to the risk: " The case of large carbon by the Sanmenxia Power Thermoelectric Co., Ltd. loans to provide security matters with the Agricultural Bank of China, Henan Province Shan Branch, the loan guarantee contract dispute lawsuit, at present, Henan province, the higher People's Court trial, has not yet opened. In its 2009 financial statements, the party's large carbon company anticipates the possible losses and maintains the previously anticipated losses in the event that the proceedings have not undergone substantial changes. As the court has not yet finalized its verdict, the outcome of these matters will be uncertain in the future. The auditor said the paragraph emphasizedMatters do not affect the audit opinion, and as of December 31 last year, the company's book estimated liabilities amount to 47 million yuan. Institutions in the fourth quarter of last year, the second half of the last year, side of the big carbon in the two-tier market eye-catching, four-quarter gain close to 70%.　　From the annual report, the outside world can finally see the big carbon trend of the secret: a number of institutions, including the Social Security Fund in the fourth quarter of last year, the buyers of large carbon. In the first three quarterly reports before the main circulation of shareholders, the largest circulating shareholder for the company's actual control of the person, but he directly holding the company's circulation of shares only 13.8898 million shares; In addition, 4 natural persons, 5 funds entered the company's top ten circulating shareholders.　　The annual report shows that as of December 31 last year, the company's largest circulating shareholder has been replaced by the 104 combination of Social Security Fund, its shareholding of up to 15.9997 million shares, accounting for about 2.6% of the company's circulating capital. In addition to being favored by the Social Security Fund, other institutions also in the last four quarters of the other big carbon increase. Peng Hua Fund's Peng-wah Quality Management Stock Securities investment Fund, Peng Hua Power growth Hybrid Securities investment fund and Peng Wah China 50 open-end Securities investment funds have entered the company's top ten circulating shareholder list, the year-end shareholding of 6.9998 million, 5.5 million and 5 million shares.　　The bank Schroeder's bank-Schroeder blue-chip chancellor, the Securities Investment Fund, the bank Schroeder selected stock Securities investment fund also bought 6.7499 million shares and 4.1948 million shares respectively. Industry insiders pointed out that the agency significantly increase the size of carbon, mainly related to the company's new material concept. This year, a number of brokers issued research reports recommended by the large carbon. such as Ping An securities pointed out that photovoltaic, nuclear, wind power, aerospace, high-end automotive development for carbon new materials to provide an unprecedented stage. Fuel cell, super capacitor, military industry, high-end building materials and other fields of development, the prediction of carbon new materials, the prospect of exceeding expectations. As a traditional carbon enterprise, the future industrial upgrading space is huge, and it may face a profound transformation in product, market, enterprise positioning and structure.