Silver Thai shares: business integration bigger and stronger

The cause of the movement: the company is the first listed company in the circulation field of Zhejiang province. Mainly related to real estate development, internal and external Trade, service three major industries. 09 company operating target net profit is not lower than the same period level, the implementation of not less than 2 development projects, rights and interests development area of not less than 300,000 square meters, the initial completion of the integration of non-real estate business. This year, the company will use the funds raised to invest in Beijing's Big Red Gate project and invest in the Qian Hu project.　　Secondary market, the unit showed signs of rebound, attention to change, due attention. Investment Highlights: 1, the Dong Hu Project: The company shares 30% of the Money Lake International in June 04 to obtain the Dong Hu Project, the project covers an area of 462,600 square meters, sales area of 133,000 square meters. Among them: Residential projects can be sold 74,500 square meters, the hotel-style apartment projects and Hyatt Hotel project can be sales of 58,500 square meters. Residential projects are divided into three-phase development, is expected in the first phase of July 08 development and Construction, July 09 Phase II development and construction, the third phase of the July 2010 development and construction.　　The hotel-style apartment project is developed in two phases and is expected to be developed in the first phase of July 08 and the second phase of July 2010. 2, the Big Red Door Project: The project is located in Fengtai District, Beijing, Big Red Gate West Road 26th, 10 kilometers from Tiananmen Square. It is planned to commence construction work in October 08 and complete all construction projects by December 2010. The residential building is scheduled to commence in January 09 to complete the sale of the residential flats by 2010, the 4-7 floor of the commercial and financial building is sold from January 2010 to 2010, and the 1-3 floor of the commercial finance building is to be leased in January 2011.　　The total investment of project construction is 1.851 billion yuan.　　3, shares the financial theme: 07 Annual report shows that the company invested 11.215 million yuan to hold 11.215 million shares of Ningbo Bank, 11.534 million yuan to hold 5.06 million shares of Haitong Securities, investment 7 million Yuan holding bank of communications 5.6 million shares.　　Risk tip: The government keeps strict control of the real estate industry credit, the capital-intensive real estate development enterprises cash flow has a greater impact, if the company's future rolling development of the project sales funds slow, the company will face a certain financial risks. Related sectors: Real estate