Saturday, November 2, 2013

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F-renewable strong operating momentum ethylene egg foam vinyl acetate (EVA) foam material vendor F-regenerative (1337), Fujian factory fourth workshop in July production, increased eight foam units, total capacity of about two to five growth. In addition, the new plant is expected in the fourth quarter of Jiangsu will be put into operation, the now, next year the strong business momentum. Legal representation, F-regeneration in the first half net profit of 608 million yuan, the annual egg foam reduction of 18.49%, net income per share of 3.04 yuan, profits high than other plastics shares publicly traded firm. And in the second half due to new capacity added, operating more can be expected, the year will have the opportunity to once again grabbed the plasticizing egg foam share profit throne. F-regeneration, said fourth workshop in July, Fujian plant put into operation, the number of units on the line units to about 40 units, and the new machine improved, more efficient than the existing machine output increased by 50%, so the total capacity of approximately 20% five. In addition to old items such as shoes, bags and bag material, high elastic foam material, ordinary sheet, the company has also developed a new project "deep-processing products," deep-processing products include pedals, bath mats, puzzle mats, slippers and so on. In turn, this should be better than the first half of the second half working. In addition to new capacity in Fujian plant, the new plant in Jiangsu after the completion of the first phase is expected egg foam to put into operation in the fourth quarter of this year, the main contribution will fall in 2014, when the F-regeneration can be opened by Jiangsu Plant Central, North China market, in addition to solid existing Shanghai egg foam market, but also develop the northern coast of Shandong. The plant is the production of environmentally friendly fire-retardant foam, antistatic foam, antibacterial absorbing high-margin sheet based. In addition, F-regeneration that is now available through high-tech enterprise certification, income egg foam tax can be lowered from 25% to 15%. Wait until next year for 102 annual income tax final settlement tax agency will strive to apply.
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