Real estate business facing the test Guangdong Hongyuan a aiming at coal industry

Yesterday, Guangdong Hongyuan A2009 annual shareholder meeting in Dongguan as scheduled. As the only real estate listed company in Dongguan, the government has recently issued a series of real estate control policies which have become the focus of shareholders ' attention. Zhou Mingxuan, chairman of the company, said that the current real estate control policy is only the first step, there will be relevant policies in the future, the company has been prepared.　　In the next 1-2 years, the company will vigorously enter the coal industry. Real Estate regulation: The company is ready "this wave of regulatory policy will certainly have a certain impact on the company, but the impact of how much, no one can say, everyone is watching." "Zhou Mingxuan said. He points out that the better the economy in the future, the tougher the regulatory policies will be. The company is now ready to do so. For the future development of real estate business prospects. Zhou Mingxuan said that the transformation of Dongguan's economic structure, "three old transformation" will also bring new opportunities for the development of the company.　　They will, in accordance with the relevant provisions of the policy, grasp the favorable opportunity, timely increase land reserves, and maintain real estate business sustained and stable development. Acquisition target: Aiming at Guizhou coal mine in the real estate business is facing a severe test, the company tries to enter other industries to seek new development. Last year, the company acquired a 60% equity stake in Weining County Coking Co., Ltd., which is a preliminary attempt to explore the Mineral resources development field.　　According to the reporter understand, the next two years into the coal industry has become a focus of the company's development. "At present, the company's acquisition of coal production capacity of only 150,000 tons per year, we plan to reach 1 million tonnes in the future." "said Zhang, the company's chief executive. In addition, he said the acquisition would be the main way to expand. "At present, the coal mine in Guizhou is the main target of our acquisition." State-related policies will shut down small mines below 30,000 tonnes in the area. This is a good time for us to sell. "It is understood that at present, many small coal mine owners in Guizhou because of early investment, and did not make a lot of money."　　Some small coal mine owners to the moment to expand capacity to 30,000 tons, more laborious, so the willingness to sell more strongly. Recently, the company released the first half of this year's company performance forecasts, forecast net profit will increase 100%-150% year-on-year. The main reason is that the completion of the acquisition of Weining County Coking Co., Ltd. Walnut ping Mine, production normal, coal production and sales revenue have increased significantly.