The market "corn crazy" Chiaki High tech star Executive rate team gold rush
Source: Internet
Author: User
KeywordsExecutives
Agricultural market staged "corn crazy" Chiaki high-tech star executive rate team "Gold" Editor's note: At present, the world's food prices facing the dilemma. In China, due to the impact of natural disasters this year, some of the crop losses, which also increased the price of food in China's rising expectations. Therefore, some domestic agricultural products also staged a scene price war. From garlic, mung bean to rice, wheat and corn, the recent "Rise" sound. This is the impact of natural disasters, there are no shortage of speculative speculation. The impact of the listed companies associated with agricultural products will not fail to arouse investors ' concern. After "Garlic you ruthless" and "Beans you play", and then turn to the corn staged a new round of agricultural prices jumped the market. Recent reports said, recently, in most of Shandong market, Corn price breakthrough "1 Yuan Mark", to 1.01 yuan-1.05 yuan/kg-netizens jokingly dubbed "Corn crazy." Chiaki Tech, once a fan of the outside world, has been scratching the market's "itch". First, April 27, Chiaki issued a bulletin, said the company will be known as the corn seed industry magnate DuPont Pioneer Seed International Co., Ltd. former Chinese president Shi Shahe for the company's new president. Then May 11, the company again announced that, in order to make full use of the French limagrain group in the Corn Research advantage, the company and Shanxi Limagrant seed Grain Research and Development Co., Ltd. Preliminary signed the "Corn varieties 16 Authorized production agreement." Under the leadership of the new luxury team, Chiaki, the head of Yuan Longping and China's first wave of hybrid rice, is eyeing the corn market. Benefiting from the rise in the price of agricultural products the main trend of recovery this year, the agricultural market from garlic, mung bean to rice, wheat and corn, everywhere "rise" sound. Take corn as an example, according to the national market for livestock and poultry products and feed prices Sentinel monitoring, the 2nd week of May (May 12), the national corn prices continue to rise, the national average corn price of 2.02 yuan/kg, compared to the previous week Rose 0.5%, up 26.3%. "In general, it's good for the company's performance." To put it simply, farm prices went up, farmers were willing to plant, and then the total went up. "On the current market, the trend of the general rise in agricultural prices to the impact of corporate performance issues, in an interview with the Securities Daily, a senior executive of Chiaki, May 24, said that while the price of food rose, the company's production costs also increased, but in general, the increase in sales prices can still cover the cost of the rise , so it has to improve the company's performance. Chiaki Hi-Tech has previously released a quarterly report of 2010, the reporting period, the company achieved main revenue of 388 million yuan, the year-on-year growth of 86.45%, net profit of 27.2961 million yuan, an increase of 74.74%. Wang Mingde, the securities analyst of the capital, released on 24th, also found that Chiaki 2009 year of the Four Seasons to 2010 the first quarter of sales cash inflow 830 millionYuan, from 08 to 09 the same period of cash inflow of 330 million yuan, 07 to 08 net cash inflow of 120 million yuan, the seed sales season during the sharp increase in cash inflow reflects the main business growth health. "At present, the company's main business recovery is relatively fast, the growth is more obvious, to maintain a better momentum." "For the first half of this year's performance, the former Chiaki tech centers are optimistic," predicts. Star executives to enter the corn industry for the market, the new President Shi Shahe to join more Chiaki Gao Ke added a lot of imagination space and watch. It is reported that Shi Shahe has served as DuPont Pioneer Seed International Co., Ltd. China President 8 years, during the successful promotion of the single seed sowing technology, changed the direction of development of Chinese seed industry, the creation of China's corn seed sales price, profit margin, and its management and marketing level in the domestic industry first-class level. In this respect, the Capital Securities analyst Wang Mingde in the report "Stark" pointed out that Liu's arrival is one of the reasons we are optimistic about the long-term investment value of the company. Liu always brings the changes to the company reflected in strategic planning, sales model changes, etc., corresponding to income growth. At the same time, Liu will also introduce the advanced management concept of foreign-funded enterprises, combined with the company's local culture, improve operational efficiency, corresponding to the cost level of short-term steady growth, long-term decline. "Before our company has corn business, but now want to make it bigger, we need all the resources, which includes human resources, so we bring Mr. Liu, by bringing his experience, hope to have more development in corn." Said Chiaki. However, for the Shi Shahe "three fire" has been the direction of the problem, the person smiled and said: "To do a good job of corn seed industry, it is necessary to gradually build their own advantages in the value of corn." Liu always come over the time is relatively short, is gradually doing this thing. "However, from the company's direction, Chiaki Tech centers in the first hand to dig talent, while the other side has already started non-stop expansion of the new map." At the beginning of January 2010, Chiaki Hi-Tech announced that it had signed the Framework Agreement on strategic cooperation with Shanxi Tun Yu seed Industry Technology Co., Ltd., and subscribed to 60% of the shares of Beijing Tun Yu (Shanxi Tun Yu's holding subsidiary) in cash and became its controlling shareholder in 36 million yuan. Data show that Shanxi Tun Jade is one of the earliest corn seed enterprises, "Tun Jade" is the first well-known trademarks of Chinese seed industry. And shortly after joining the Shi Shahe, May 11, Chiaki Center again announced that, in order to make full use of the French limagrain group in the corn research advantages of the company's corn seed industry, the company and Shanxi Limagrant seed Grain Research and Development Co., Ltd. tentatively signed the "Corn varieties 16 Authorized production agreement." For the market, the forced troops, "is the Mule is a horse," Chiaki Hi-tech can not in the hybrid rice can use this wave of agricultural prices to rebuild a profit growth engine, it is better to wait and see. To the close yesterday, Chiaki Tech (000998) reported at 21.87 Yuan。
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