Jiangsu Sainty storage Tank project to seize food bonded technology

Jiang Su Suntian (600287) and bonded Science and Technology (600794) between the Zhangjiagang Bingjiyan Project chemical assets of the competition finally revealed.　　Finally, Jiang Su Suntian to 86 million yuan bid price obtained the asset, the price is only higher than the price of bonded technology set the highest bid is less than 1.5 million yuan, less than the Jiangsu Sainty to set the maximum price of 93 million yuan. In this regard, bonded technology officials said yesterday, mainly because the auction price exceeded the company's expectations, but also beyond the mandate of the shareholders ' meeting. He also said that the bid for asset profitability in general, the annual net profit of about more than 8 million yuan, the impact on the company's performance is limited. The abandonment of the takeover will not affect the company.　　The company decided to participate in the auction mainly because the assets and the company's existing business is the same, after the acquisition can be directly put into use, can reduce the construction cycle. The net profit of bonded technology in the first three quarters of this year was 62.1071 million yuan.　　Galaxy Securities analyst Zhang Qiusheng calculates, if the acquisition success can make the bond technology per share gain 5 cents. But for Jiangsu Sainty days, where performance has been poor in recent years, the acquisition's success is significant. In the first three quarters of this year, the Jiangsu Sainty realized the net profit of the shareholders of the listed company is only 3.4766 million yuan, 2008 years loss of 20.0427 million yuan, the company's net profit in 2009 is only 18.2843 million yuan.　　Clearly, the net profit of more than 8 million yuan per year for the bid is more attractive to Jiangsu Sainty days. This can also be from Jiangsu Sainty days and bonded technology two companies in recent years of financial data to be confirmed. On the surface, whether in the scale of assets, income scale, or the company's development history, shareholder background, Jiangsu Sainty days than bonded technology more advantages.　　But judging from the financial indicators of profitability, smaller bonded technology is better. Yesterday Jiangsu Sainty days related personage also said, the company has not paid a small price to bid for the asset is to fancy the business relatively strong profitability. The personage tells a reporter, compare with Jiangsu Sainty Day to carry on import and export business of clothing and so on, chemical product import and export profit is higher.　　In the first three quarters of this year, bonded technology warehouse business gross profit margin as high as 77.65%.　　In fact, since the first half of this year Jiangsu Sainty has begun to try to carry out the import of chemical products business, and in the bulk of the business has made greater progress; In addition, in the special chemical business import, also has a certain breakthrough, the new has obtained the direct import of ferric chloride and triethanolamine.　　Jiangsu Sainty Days The above people also said that the development of the import and export business of chemical products is a diversification of the company's import and export business, the future company will further expand the business. For Jiangsu Sainty days into the import and export business of chemical products, bonded technology, the above people seem to disagree: "Bingjiyan project total tank capacity of only 49,200 cubic meters, bonded science and technology has been and under construction of the total capacity of the tank has 432,500 cubic meters." The Soldier Bingjiyan Project is only bondedA fraction of the size of science and technology cannot compete with companies. "From recent brokerage research reports, many brokerage analysts are very optimistic about the increasing size of the storage tank of bonded technology has a competitive advantage and future performance growth capabilities." Citic Securities analyst Chu Ying and Ma Xiaoli that Jiangsu Province in China's leading position in the international trade in chemical products has laid a significant geographical advantage of bonded technology, bonded science and technology in the Zhangjiagang bonded area strong monopoly status, together constitute the bonded technology is difficult to replicate the core competitiveness.