Tianwei change 600,550 of

 Tianwei change 600,550 of the total share capital of 730,000,000 shares
, 357 million shares of outstanding shares.
First, the main Aspect
1, new energy investment of choice: invest in the country's new energy policy and energy savings .
2, soldiers loaded the Group strength.
Second, the power transmission industry
as 750kV, 500kV and below, and other types of transformers, transformer, reactor one of the leading domestic manufacturers, Tianwei change security for domestic nuclear power plants have to provide products and services supplier, and below the national 1000MW thermal power, hydropower generating units focus of major equipment manufacturers.
Third, the solar industry
a), Tibet Huaguan Guang Electronics Technology Co., Ltd.: equity 56.52%.
b), Yingli Company: 25.99% equity shares of Tianwei Yingli, the city government is responsible for the end of 2007 soldiers loaded the Group achieved the status of actual control. This is the only company with a complete Industrial chain structure of the photovoltaic business. solar photovoltaic cells.
c), Shin Kong Silicon: equity 35.66%.
d), Leshan 3,000 tons of polysilicon: holding 49%.
e), Niitsu 3000 tons of polysilicon: holding 51%.
VI), Tianwei thin film solar cell company: The total investment of 10 billion yuan, the construction period of 1.5 years.
five wind energy industry
1, Tianwei Wind Power Company: Investment 12 million sets of wind power machine project .800 fan projects, construction in two phases. the construction period of 1.5 years to reach the fourth year of production capacity.
1. Tianwei third quarterly clearly see one of the main Tianwei increase in gross margin in the transformer industry, which is a clear sign of the business into increased range. because the transformer was the most important piece of Tianwei main business revenue, gross margin was down to the lower position once, but now the margin increased, indicating that the business has full access to the growth period, 08 years of rapid growth will be more determined. and by understanding, Tianwei the single transformer 08 has been fully booked, I believe that harmony with the change of Qin changes capacity release, the newly added production capacity will soon booked. In addition, there is need to remind everyone, Qin change the port base built transformer this information, because this port is a convenient base for direct delivery awfully large transformers use, which is exported to Europe for the Tianwei Transformer layout of the best made, remember the layout has been planted, and if the transformer day started awfully large amount of access to export, or Tianwei and abroad in the transformer business excellence transformer to carry out the cooperation will expand the large number of products to foreign markets, then, is not need to surprise, because the layout has been planted.
2. Xinguang Silicon We may have been looking forward to Sunbeam in 2007 for the silicon industry, the profit contribution of Tianwei , but now I feel not needed. If Xinguang Silicon 2007 decision on the Shin Kong before depreciation silicon industry for more and more this year, sharing, I hands in welcome, as this industry for the future development of silicon Sunbeam throw under the greatest burden. we are through the silicon industry and Yingli Sunbeam Leader into the agreement may know, Xinguang Silicon production capacity of 07 should be in the 200-300 tons, and next year's production of silicon Sunbeam 1,000 tons should be fairly certain . As long as able to determine this value, we know next year will bring Sunbeam Tianwei Silicon how much profit, how much revenue will be. Because for now, Shin Kong Tianwei silicon industry is the biggest earnings growth next year guarantee. The second phase of the two Sunbeam 3,000 tons of silicon has also been prepared to start building, the Sunbeam silicon silicon silicon material can be a research unit of the recognition that the Sunbeam silicon is a silicon material to the electronic level, which means , even to the 2009 or 2010, a surplus of solar polysilicon, Sunbeam electronic grade silicon can also be the production of silicon materials to meet the needs of the market.
3. Tianwei Yingli Previous recent network news Yingli left or right away, And I have the feeling that the return of Tianwei Yingli has been determined largely by. and this determined the way, is there agreement early in the morning. And Xinguang Silicon and Tianwei Yingli in 2008, signed the agreement the supply of silicon materials went a step further illustrates this point. to know Xinguang Silicon is Tianwei change of investment companies, Tianwei change is the second largest shareholder, Tianwei Yingli to Sunbeam in 2008 and the silicon to achieve such an agreement, days Wei Bao change is the most important factor. and Tianwei Yingli 3 release capacity after another, in 2009 the greatest contribution to Tianwei change the results. And the information from the current surface point of view, after the soldiers into the main Tianwei, the next most likely is not merely a matter Tianwei Yingli in the solar plexus of business, is likely to occur, Tianwei Yingli is mainly responsible for foreign markets, while the domestic market will have another new energy company responsible for the situation. and these two solar energy companies directly to Tianwei change will be able to control the Sunbeam or the future of silicon a silicon-controlled Phase II Sunbeam raw materials for silicon. This is a perfect layout. < br> 4. Tianwei layout. Tianwei this 1 year from the investment of more than, let us more and more relieved that Tianwei's management. that is, Qiang Ding. we can feel strong and feel the overall viewpoint of the small and the overall layout of the concept. from 2 years ago, Shin Kong Tianwei Yingli to silicon, as well as I mentioned above, the business development plan for the transformer. one of the best investment targets, in addition to including business, profits, income, must still include management, or also to the people, because in the end is the person you calculated these gains larger than you expected because it is the people you put the money generated is better. So we have reason to believe that Tianwei in wind power in thin film solar cells, in other areas have already started the new energy distribution, and this layout filled with soldiers entered the fast will be even more. The layout will be completely in 2009 or 2010, took over Shin Kong silicon and transformer current the banner of rapid growth, continue to Tianwei continue to grow and develop. Sichuan project is a layout for the 2009 onwards, the future we will see more and more soldiers loaded the 150 billion is how the layout in 2009 and 2010, And that 300 billion, is how the layout of twelve five-year plan.
the above information are in fact recently demonstrated or emerging information that basically did not consider the Chinese soldiers into main Tianwei and solar energy policy or Tianwei New Energy policy change brings opportunity and opportunity. And Bing into the primary and the national energy policy for the next 3 years, Tianwei, it will be awfully more information and fundamental catalyst for the acceleration.
1. we can all understand that a set of numbers. When in 2001 China has 200 billion of foreign exchange reserves, when oil prices when the dollar at 20-25. In the first half of 2007, China now has 1.4 trillion foreign exchange reserves at a time when oil prices close to 70 million. In 2001, China's foreign exchange reserves, 200 billion to buy 100 billion barrels of oil, by 2007, China's 1.4 trillion foreign exchange reserves can only buy 200 million barrels of oil . In 2001 to 2007, China's foreign exchange reserves increased by 7 times, but replaced by the number of barrels of oil, grew by only 2 times. I think we can see that China's foreign exchange reserves are the oil to be XIE . China has always been a small oil rich in coal country, the majority of China's oil import needs, particularly as China's economic development, the automobile industry, chemical industry, China has become the fastest growing oil demand, And by doing so, China's oil resources to become the country XIE, we can see why the U.S. is so great importance to Middle East politics and resources, why attach such importance to the U.S. oil resources, because the future of the world is energy policy, even if China's economy no matter how highly developed, foreign to share the fruits of economic development of your most direct trick is to share them from the energy. The Chinese want to get out of this situation, except in oil in the world to have more control over the In addition, another way is to fully develop their own new energy sources to make their share of new energy sources can be the most significant upgrade, which is the performance of the national strategy. And this is the will of the state on behalf of soldiers loaded group, soldiers loaded White Tianwei Group mentioned in the second five-year plan to invest 300 billion, which is of strategic planning, you know, as national defense or national energy policy will make the next 8 years or even 10 years of planning. Therefore, soldiers loaded The White brings Tianwei's not a capital injection, it brings Tianwei is the national will, I hope Tianwei able to take the country's new energy policy implementation and progress, to make China the next time, do not As for the subject to human control.
2. We have no way to know in advance next year, China's new energy policy or the implementation of new policies issued by the specific circumstances. But the energy saving of the green GDP index will be implemented in the provinces to number one on the city. then this means that a national energy conservation, new energy to promote the implementation of the project. This is a huge market, it is such a huge market, the market has been foreign smell New energy industry GE, Japan's new energy companies have begun to layout in Guonei, I think ultimately it should be a huge market for cakes eaten by the greatest part of the country the amount of the company. To know that China is not 10 years ago in China , domestic enterprises, especially the central enterprises have the ability to swallow has been completely eaten by their own domestic market share from 3G, etc., from the transformer we can feel a change in this country.
I said, Investment Tianwei, the will of the country should stand up for investment. stand tall to be able to look too far. and for everyone concerned about the valuation of Tianwei, I once again can be very simple tell a friend, a friend in the message in said that the current share price of Tianwei Tianwei's performance has been overdrawn, my advice for this view is different. because my valuation system is very simple, based on a new industry a sunrise industry, especially the country and the world energy industry development in one direction, my valuation is that the growth rate of its profits every year to reach 80% -100%, then I am willing to give 80 - 100 of PE to to it. then we can all go to estimate the Tianwei 2008 revenue is how much? my own mind the conservative value of 1.2 million. so based on the valuation system, then the emperor's 08 years should be in the 96-120 yuan.