Infringement case, the defendant has lost the U.S. influence, was convicted of 2,419 million dollars compensation to each other, groups that have been prepared to appeal, but the process or the long, difficult during the year results. However, the Group performance in 2009 for the compensation,

1,094 million U.S. dollars to make provision, during the annual turnover of 3.958 billion yuan, 1.6% a year, net profit of 774 million yuan, the annual growth of 9.1%; if lost, I believe a limited impact on performance. Group net debt ratio during the period was 10.5%, also an additional final dividend to 15 cents, and to distribute to shareholders each holding an one Bonus Share

        

    Group, the mainland’s second-largest glass producer, with the economy recovers, the glass prices and demand rise, the Group significantly improved profitability in the second half, while overall gross profit margin last year increased by 5.8 percentage points to 36.9%. Mainland “car to the countryside,” a continuation of automobile demand, but also indirectly benefit the group, and “Building the countryside” and the mainland increased demand for housing, construction glass sales volume this year is expected to raise prices.

    Group capital expenditure this year about 14 million, mainly invested in the Pearl River Delta, Yangtze River Delta and Bohai Bay area extension of the new industrial park will focus on developing new energy and environmental protection energy-saving glass products, plans to add two additional melting capacity of 500 tons day The Chao Baiguang volt line to meet demand. In addition, since last June, the automobile, construction and photovoltaic glass, China’s export tax rebate rate rose to 13%, enabling the competitiveness of the export business group.

    According to the Stock Exchange information, the Group Chairman Li Xianyi repeated holdings since late last year, most recently on April 7 this year, the floor-price of 7.014 yuan per share purchase 257.4 million shares, shareholding to 21.71%.

    Technical analysis, on Jan. 6 rose to 7.58 yuan after the peak in high, 5 February candlestick chart showed a lower opening low-income, low the next day dropped to 5.82 yuan after the See support and form the “Morning Star” positive signals incessantly in order to form a rose last Wednesday was “Cross Star” to be changed signal, trotted random index (STC)% K line rose through% D line, 14-day relative strength index (RSI) rose to 59.1, trend of gradual improvement, to be short-term high of consolidation, may designate a low level of 6.8 yuan to 20 antenna to absorb the expected 7.58 yuan, does not fall to below 6.4 yuan to continue to hold.
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