Yong-Tai technology results in steady growth of investment projects for the greatest aspect

Yong-Tai Technology (002326, closing price of 58.42 yuan) is the industry's most perfect product chain, production capacity of the largest benzene series of fluorine fine chemicals manufacturers, the vast majority of products on the chain can be sold separately as a product, with a strong market adaptability and great product structure adjustment upgrade space. Industrial chain long comprehensive cost is low and other enterprises in the industry to buy intermediate chemicals for raw materials to produce different, Yongda technology perfect product chain brings the integration of production, production from the source of the basic raw materials, can effectively reduce production costs, to avoid outsourcing of intermediate products due to the shortage of market supply or price fluctuations and have an impact, Ensure the stability of product quality.　　At the same time, the integration of production makes complementary products more, the company can adjust the product structure flexibly according to market demand condition, evade the risk, and realize the company benefit maximization. In the first half of 2010, the company realized operating income of 250.6709 million yuan, increased 12.7% from a year earlier, and realized operating profit of 36.37 million yuan, a year-on-year increase of 35.7%.　　Sub-products, the company's liquid crystal chemicals, pharmaceutical chemicals operating income growth faster, respectively, reached 15.57%, 18.04%, pesticide chemicals operating income growth slowed down, only 0.41%, pesticide chemicals operating income growth slowed down mainly because this year by the impact of weak demand for agricultural products. Raise investment project is the growth Point Yong-tai technology in fluorine-containing fine chemicals scale advantage is significant, the company's number of product sales ranked first in the country.　　The company is located in the production area of fluorine resources in Zhejiang, so the company upstream raw material supply can be guaranteed.　　Company's products have been recognized by many well-known enterprises at home and abroad, and now with Germany Merck, BASF, France Rhodia, Sumitomo Chemical and other international famous chemical enterprises, as well as East Asia Pharmaceutical, Zhejiang Beijing New Drug Industry Co., Ltd. and other well-known domestic enterprises to establish a stable cooperative relationship. One of the company's projects TFT project output Liquid crystal chemicals can be directly used in the modulation of liquid crystal materials, has a higher value-added products.　　The project has produced five kinds of liquid crystal chemicals, such as double cyclohexyl benzene liquid crystal, to meet the different display performance requirements of liquid crystal materials. The company raises the investment project production L1-L5 liquid crystal crystal, belongs to the TFT liquid crystal single crystal key product, anticipates the project in the next 2 years to be able to complete the production, will form 81 ton capacity, because the construction progress is quicker than anticipates, the company 2010 expected to produce more than 10 tons of monocrystalline products. Because the high monopoly of liquid crystal products makes the products expensive, profit space is huge, to the company's L1-L5 for example, the current product price in 5 million yuan/ton ~1000 million/ton, from Merck financial statements can be seen, Merck's LCD business gross profit margin is basically maintained in more than 50%,　　As compared with Merck, Yongda Technology has a lower cost advantage, according to current market prices, the company's gross margin will exceed 65%. Company Sai He side chain products (Ⅱ diabetes new drugs important raw material) is also raisedOne of the investment projects, starting from 2007 has produced and sales, production technology has been more mature. 2009, the company sales market in good condition, the west side chain products sales rose 89.08%. The company currently has an annual output of 30 tons of old factory side chain capacity. After the completion of the project, the company will be in the factory to form an annual output of 60 tons of western side chain production capacity, the project will bring the company 45 million yuan of income, about 12 million yuan of profit.