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The broader market started to adjust today due to the impact of the fall in the US stock market and the surrounding stock markets. On the other hand, it was due to the sudden increase in profit taking pressure in the short-term market after a continuous surge, especially today’s Friday. There is an inertial mentality that avoids the possibility of bad policies on the weekends. In the adjustment process today, the low-ranking takeovers are not as positive as they used to, which makes the rebound in the intraday volatility limited. However, the support of the stock index contraction at the 5-day moving average indicated that the adjustment was still within a reasonable range. Market turmoil means switch of hotspots. According to the inertia of the past, every time the core blue chips of finance and real estate are launched, they will inevitably drive other blue chips to follow the trend and achieve hot and orderly switching. The steel plate has been launched yesterday. The power sector is eager to test today. It is expected that the five gold car plates will also be expected to come from behind. Judging from today's gains list, stocks with M&A overall listing themes are extremely active and investors can focus on Exploit potential varieties in the automotive and auto parts sectors, such as 000665 Wuhan Plastics.
Stable development of main business
Wuhan Plastics (000665) is one of the leading auto parts companies in the central region of China. The plastic raw materials and auto plastic parts produced by the company have reached the international advanced level, and become the supporting enterprises of Wuhan Shenlong, Sanjiang Renault, Dongfeng Automobile and SAIC and other famous automobile manufacturers. , With a stable market share, automotive plasticization is a major trend in the development of today's international automobile, but also the key to reduce the cost of the car's own weight, increase the effective load, but also a concrete manifestation of the country's auto manufacturing level. From a worldwide perspective, the weight of auto-cycle plastics used in developed countries is increasing year by year. In China, plastics account for about 7% to 10% of the weight of autos. There is a big gap compared to developed countries, and the company has broad prospects for development. . While consolidating the domestic market, the company is also actively seeking cooperation with international large auto parts manufacturers to develop high-tech automotive plastic parts in order to gain foreign market share. The automotive plastic clay nanocomposite produced by the company has a good market prospect and lays a solid foundation for the company's sustainable development. As an old state-owned enterprise, the history of the company is overburdened. After the new management enters the company, it actively strips the company's historical burden and restructures its debts. This enables the company to move to the light and change the status of the previous main business to maintain profitable growth but overwhelmed with losses. Based on the year-on-year growth of 100%, the company's net profit for the first quarter of this year increased by 114% year-on-year.
Time and place to take advantage of dragons soaring
Last year, Bo Xilai, Minister of Commerce at the national automotive and parts export base awarding ceremony, stated that it is an important work approved by the State Council to cultivate and build state-owned automobile and parts export bases and base companies. Eight cities in Changchun, Shanghai, Tianjin, Wuhan, Chongqing, Xiamen, Wuhu, and Taizhou were officially awarded the title of “National Auto and Component Export Baseâ€. In order to grasp the development opportunities and respond to the competition situation under the open pattern, Wuhan will integrate Wuhan's auto parts and components industry. WuHan Jingkai Investment Co., Ltd., a major shareholder of Wuhan Plastics Co., Ltd., was originally a direct subsidiary of the SASAC. It has strong assets and management assets of more than RMB 1 billion. After the share reform, the company has acquired major assets from Shenlong Plastics. At the same time, the company announced its strategic cooperation with Shenlong. At the request of the supplier, the company injected Shenguang Plastics into Wuhan Ebara and formed a new Shenguang Pear original, making it the largest manufacturer of color bumpers in Central China. This can not only avoid competition among peers, but also can obtain more matching orders for new models of Shenlong Motor Co., Ltd. and increase the utilization rate of the company's production capacity. After the business integration, the company will have major subsidiaries such as Wuhan New Materials, Wuhan Yapu, and Shenguang Ebara. It will have a complete automotive plastics industrial chain from plastic raw materials, colored bumpers, and automobile fuel tanks. It will also be extremely strong. Competitive ability.
Further reorganization potential, merger suspense and detonation of the main rise
The majority shareholder Wuhan Jingkai Investment Co., Ltd. is a large-scale state-owned asset management company established by the State-owned Assets and Resources Office of the Wuhan Economic and Technological Development Zone to establish and manage all operational state-owned assets of the development zone and ensure its value preservation and value-added. The purpose of the operation of major shareholders is to make rational use of the effective resources in the development zone, adopt various management methods, conduct capital operations, revitalize the stock of state-owned assets, optimize the allocation of state-owned assets, and guide the investment of financial capital and other capitals. It is clear that Wuhan Jingkai originally belongs to the transition. The stock is ultimately hoping to introduce strategic investors to strengthen and expand Wuhan Plastics. The company is very likely to continue its restructuring. Close cooperation with Shenlong will enable the company to have foreign merger and acquisition potential. The stock has recently relied on the 5-day moving average volatility to rise, volume and price with the ideal, short-term moving average spread upward support for the formation of stock prices, the market outlook is expected to accelerate the upside to start the main Shenglang, can be actively concerned.
Wuhan Plastics: Auto Parts Reorganization Black Horse