Goldwind: Doubling growth has been difficult for senior executives "no longer reduce their holdings in a few years"

Source: Internet
Author: User
Keywords Executive reduction growth goldwind
Tags business business to company content control cost control development direction
Goldwind began to actively control growth and adjust its strategic direction.  Its plan is to guarantee the first three of the country on the basis of active expansion of the international market theme content: Jinfeng Technology development and future strategies and other major issues (1) Q: Can you introduce the overall situation of the first half of the company? A: The overall operation in the first half of the year is good, can guarantee the first quarter of the forecast performance growth margin. At present, wind turbine production has exceeded half of the annual plan.  Overall, the company's operations and production are in normal operation.  (2) Q: What is the implementation of the production plan? A: The company made the production plan at the beginning of the year is MW fan 1000 units, 750-kilowatt fan 600 units. At present, it seems that there will be some improvement on the basis of this goal. 750-kilowatt wind turbines this year will have a certain increase in output, but the proportion of overall production will be gradually reduced. In the supplier aspect, the bearing supply is normal, does not appear the bearing shortage to affect the production question. Jiuquan Base has been officially put into production, the product has been off-line, the ceremony will be held in July. Nanjing Base is mainly in the face of offshore wind turbine and export business, will be started this year, built next year.  Electronic control base has been a small number of products hanging machine test for several months, the company plans to produce about 100 sets of electronic control system this year, according to production conditions began to mass self-produced next year.  Orders, although the company in the concession bid is not a lot of orders, but the overall development momentum of wind power is good.  (3) Q: Is the way and time for executives to reduce their shares determined? A: The company's management has underestimated the intense response to the market. Prior to the company and a variety of institutions have been fully communicated to the management of a number of people holding the special situation, after listening to the suggestions of the parties, decided to take a concentrated reduction of action, hoping to minimize the impact. When it came to reducing time, executives did not choose a specific point in time, but avoided the various time windows that were limited by the exchange.  Since management has considered the financial needs in recent years, it will not consider reducing its holdings again in recent years.  (4) Q: How is the cooperation with the Three Gorges Corporation progressing? A: Recently, the company executives visited the Three Gorges Corporation and held a meeting to discuss the joint cooperation in wind power business. Because of the bottleneck problem of hydropower development, the Three Gorges Corporation will take wind power as its second main business to carry out strategic planning, hoping to obtain rapid and unconventional development in wind power field. Three Gorges Company before the offshore wind power as the main target, but because the overseas wind power is still in the premise of the initial stage, so the Three Gorges Corporation also hopes to vigorously develop onshore wind power.  As the Three Gorges Corporation expressly requests the development of offshore wind turbines, the company strives to launch a 2.5 MW and 3.0 MW prototype at the end of this year for the Three Gorges Corporation to install the test, and according to the operation effect in next year's Three Gorges Corporation's offshore project to further cooperation.  (5) Q: In the face of fierce competition, is the Goldwind competition strategy adjusted? A: In view of this situation, the company put cost control as an important indicator for several years, although in government relations, competitors have certain advantages, but with competition onHand compared to years of operating experience so that the company has an advantage in cost control. The company's performance continued to double over the past few years, the current base is very large, and then keep doubling the growth rate has been very difficult and will bring some risks. The company also began to actively control the growth rate, adjust the strategic direction.  On the basis of ensuring the first three of the country, we actively expand the international market, make full deployment and expect to achieve larger sales within 1-2 years.  The main content of the Exchange question and answer: (1). Q: Why does the original shareholder of DreamWorks want to sell equity?  A: The main reason is that the 2008 economic crisis caused the Zhanmeng factory 62.78% of the shareholders of the traditional business to a life-and-death, the need to withdraw.  (2) Q: Why do you (Qiu) want to sell equity?  A: This transaction conditions are more generous, three years later can also choose to increase capital by net assets, to obtain a maximum of 20% of the equity and launch the IPO, these years can use the platform of Bo Rui spread to let dream factory have better and faster development.  (3) Ask: Why did not choose to sell the shares to the grand and other financial strength of the first-class online game manufacturers? A: Shanda's games are numerous, the Dream factory game to the grand platform of the game will not be taken seriously, and Bo Rui spread spent half of the money to buy a dream factory, will attach great importance to and fully support the development of Dream factory.  Recent Bo Rui in newspapers and other media for the Dream Factory new game, "St. Fighter ol" vigorously promote is a good example.  (4) Q: Do you or the team core staff will be out of the company after the withdrawal?  A: I have a dream factory in the future to become a first-class online gaming company's strong desire, team core staff in accordance with the current incentive scheme in the future can get very good benefits, there is no reason to quit.  (5) Q: How do you think about the competitive situation in the online gaming industry? A: Although many game companies, but 80% are not successful do not make money, dream Factory is a small number of profitable 20% online gaming company.  DreamWorks hopes to account for a 3%-5% market share in the future.  (6) Q: How is the game joint operation? A: 2008 game recharge revenue in about 180 million, the joint operation of the game accounted for about 85% of them, DreamWorks and partners in the joint operation of the proportion of about 40% to 60%, on average about 50%.  Dream Factory independent operating income in the rise, such as the end of 2008, the autonomous operation reached 75%, May 2009 reached 65%, the future may reach 50%.  (7) Q: Are there any bottlenecks in the promotion and payment of DreamWorks? A: DreamWorks currently has about 10 people in Beijing's team, are the promotion of more experienced people, should be able to do promotional work.  About payment, now through the game of physical cards, virtual cards, mobile phone messages and third-party payments such as Alipay payment means already very rich, there is no bottleneck.  (8) Q: What is the revenue growth of DreamWorks over the past few years? A: Revenue was generated in 2005, about $2 million, and 2006-year income of about $12 million,2007 57 million Yuan, 2008 90 million yuan. Revenue growth comes mainly from the growth of game users and the growth of ARPU values, each of which accounts for half. The average annual growth rate of ARPU in the past few years is around 30%.
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