Hop Kang Frequency conversion 1 year net earn 100,000,003 shareholder proposal 10 Turn 10

Today, Hop Kang Frequency (300048) forecast 2010 Year Performance Year-on-year increase, the company's three major shareholders to the company and the board of directors proposed 10 shares to increase 10 shares of the high transfer plan. The announcement shows that the company is expected to achieve 2010 operating income of about 3.75~3.9 billion, an increase of about 27%~32%, to achieve net profit of about 98 million Yuan ~1.1 billion, the year-on-year growth of about 39%~56%; expected earnings per share of about 0.83~0.93 yuan.　　Hop Kang frequency, due to the 2010 public offering shares and equity incentive plan implementation, resulting in the basic earnings per share and net profit in different proportions of growth. Hop Kang Frequency conversion released today's performance forecast, the most interesting is still three of shareholders proposed high transfer plan. The announcement showed that the annual report of the 2010 was disclosed by the Guangzhou, but the company's controlling shareholder, Shanghai Fung Group Co., Ltd. and Liu Jincheng wrote to the company and the board of Directors, Proposed the company to the Board of Directors of the profit Distribution and Provident Fund to increase the plan for the capital: to the company 2010 Annual general Meeting of the total share capital of 123 million shares for the base, from the Capital Provident Fund to all shareholders 10 shares to increase 10 shares, another cash dividend.　　The three shareholders pledged to vote in favour of the board and the shareholders ' meeting on the proposed allocation. But hop Kang frequency conversion reminder, afore-mentioned high send the plan has not submitted to the Board of directors and shareholder meeting to discuss pass, there is significant uncertainty.　　Company 2010 final profit distribution and Provident fund to increase the share capital plan for the company's 2010 Annual formal audit report issued by the Board of Directors to determine the distribution plan and submitted to the general Meeting of shareholders for consideration. The reason for the change of performance is given four points: first of all, because of the state-related industry policy environment is better, make the high voltage inverter industry development prospects better, and then pull the market scale faster growth; second, the company's products in the customer's accumulated good operating performance continuously improve the company's position in the industry and market share, At the same time, the company listed to enhance the brand image, the company took the opportunity to increase marketing efforts, making the company's development rate higher than the industry average; In addition, the company raised funds to invest in the project also Zhuang High voltage inverter research and development production base into operation, the company's capacity release, increased production, so that the situation of production tension was eased; Finally, The company's cost growth rate is lower than the income growth rate through strict cost control.