09 Profit base small to achieve the performance of the interim report 120 times

Wind data statistics show that, in the current Shanghai and Shenzhen cities have been released 2010 years in the forecast of the performance of more than 700 listed companies, Annada (002136) is the biggest advance in the performance of the company, is expected to 2010 1 to June will be profitable 7 million to 12 million yuan,　　Up 126.6 times times year-on-year. In a sharp decline in the market, Annada's high performance growth is expected to support the stock price of the contrarian rise.　　Yesterday, the Shanghai Composite Index again fell 1.02%, the Shenzhen Index fell again 1.95%, Annada but the market volume rose 3.44%, closed at 14.13 Yuan, the stock even once up to 14.46 yuan. The market environment improved funds began to chase yesterday, Guoyougong, an interview with the Securities Daily, said This year, the performance of the report up to 126.6 times times mainly because: last year, the base of the performance is relatively small, last January-June, profit of only 94,000 yuan, earnings per share only 0.0012 yuan, is expected to profit in the first half of the year 70.012 billion yuan. In addition, Guoyougong pointed out that this year, the company's profitability has improved, improved the management level, strengthening the internal management. Moreover, the market environment has also changed, the sales market is improving; compared with the same period last year, the price of main raw material sulfuric acid is declining, the production and sales within the industry are increasing.　　The fund-raising project began to be put into production in June 2009, and it started to realize profit, and also produced some economic benefits. Public information shows that the company is a production and sales of titanium dioxide series and related chemical products, is the largest titanium dioxide production enterprises in Anhui Province.　　The company has formed its own unique production technology, and has "micro-pressure on the crystal seed" and many other proprietary technology and the "use of titanium dioxide waste acid production of calcium" and many independent intellectual property rights patented technology.　　The market for the company's shares was welcomed by the company's newly-developed project, said an expert group on the price of the firm, which is not weak.　　Another analysis points out that, as a small plate stock with only 76.05 million circulation plates, only one fund was stationed in Annada's circulating shareholders, but this year, when the quarterly report was released, 4 individual shareholders were new to the unit, although the sums were small, apparently heading for the company's huge growth. Expanding production to meet the new boom cycle in view of the high demand for high-end titanium dioxide situation, June 24, the disclosure of the targeted issue of equity raise funds for technical improvement projects announced. The announcement said that the non-public offering of shares raised funds not more than 380 million yuan, after deducting the issue fee will be used for 40,000 tons of compact composite film Rutile titanium dioxide technical renovation project. According to the above announcement, the total investment of the project 35,896.800,000 Yuan, all with the fund-raising investment. If the actual capital requirement of the proposed investment project is lower than the actual fund demand after the release fee is deducted, the insufficient part is solved by the company;The total amount of capital demand is more than part of the replenishment of the company's liquidity. Industry insiders believe that, as a cyclical relatively strong titanium dioxide industry, Anakin is expected to enter a new round of boom cycle.　　And how long the boom cycle can last, Guoyougong said he could not make predictions, but the housing industry, the business sentiment index by macro impact relatively large.　　The company said that in order to grasp the market opportunities in time, before raising funds in place, the company to the bank loans or their own funds for the construction of the above projects, pending the collection of funds in place, in order to raise funds for the initial investment of funds to replace. In addition, public information shows that in the comprehensive utilization of waste acid, through technological innovation, Anakin developed "a method of producing calcium with waste acid from titanium dioxide" and "a method for the comprehensive utilization of the tail gas and dilute sulfuric acid produced by the titanium dioxide production in the sulfuric Acid method", the former has obtained the National Invention patent, the latter has entered the patent application verification stage. Production of waste acid produced by the use of Sean Filtration technology recovery, after using the waste heat of the forging kiln to extract the concentration, after the extraction of concentrated waste acid for personal use, mixed with concentrated sulfuric acid for acid solution, part of the phosphate fertilizer enterprises as raw materials for production of calcium, ferrous metal through social collaboration, is widely used as iron pigments, water treatment products raw materials,　　and Tongguanshan chemical has long-term stability and mutually beneficial cooperation, forming a circular economy industry chain. Another analyst pointed out that the energy conservation and environmental protection for the TiO2 opened up a new market space, the development of photocatalytic oxidation technology is promising. As at the end of 2008, more than 20 million-kilowatt of the domestic flue gas denitration unit has been put into operation, the current annual 50,000 tons of denitration catalyst carrier Titanium Dioxide market demand all rely on imports. The National Thermal Power unit reaches 650 million kilowatts, the future denitration market new demand is huge. TiO2 photocatalytic oxidation treatment of wastewater is efficient, energy-saving, wide-spectrum safety, has a good market prospects.