Zinc industry shares said Indium product profit does not affect company performance

Zinc industry shares (000751. SZ) April 1 issued abnormal fluctuations in stock trading bulletin, said the formation of indium products of the company's 2010-year performance does not have a significant impact on the future price of the product can not be predicted. The announcement also clarified the indirect control of China Metallurgical (601618).　　SH) on the zinc industry shares have significant undisclosed matters of the market rumors. Zinc industry shares for the "primary indium supply will gradually show a tightening posture, and the supply of recycled indium is also a bottleneck."　　It is expected that the price of indium may double in 2011 and may be 10 times times higher in the next 5-10 years. The company's 2010 indium production was 23.2 tons and the profit from Indium products was about 36.92 million yuan. Zinc industry shares earlier released 2010 years of performance forecasts, the disclosure of the annual net profit of 583 million yuan, the formation of indium products profit on the company's 2010-year net profit does not have a significant impact.　　The company expects indium production to remain at around 23 tonnes in 2011, while market prices are up 30% per cent from last year's average price, but the price of indium will be unpredictable in the longer term. As a result of the above matters, zinc shares March 31 suspension of business day. Late announcement led to market speculation has significant undisclosed matters, China Metallurgical subsidiary of the company Huludao Nonferrous Metals Group Co., Ltd. is a major shareholder in the zinc industry. To this end, China Metallurgical Vice President Zhaoxiang Zhang deliberately in the day of China Metallurgical performance announcement to clarify rumors, and said: "Will continue to support the development of the zinc industry shares." ”