The second point: business scope: R&D, manufacturing and selling color kinescope glass shells, color display glass shells, energy-saving lamps, new electronic special glass products, new display technology products, photovoltaic glass (solar glass, fine glass, engineering glass and flat glass), storage and transportation of natural gas filling stations, and export business of electromechanical products, complete sets of equipment and related technologies produced by this enterprise; The import business company of raw and auxiliary materials, mechanical equipment, instruments and spare parts needed for production and scientific research is the only enterprise with independent intellectual property rights in China. In recent years, Hong Guang and Jinjing glass shell production lines in Chengdu have been merged and transformed, becoming the first color TV glass shell manufacturer in China and the third in the world.
Point 3: Photovoltaic Industry In the next five years (Twelfth Five-Year Plan), the company will take transformation and development as the main line, the photovoltaic industry as the leading factor, and clean energy and display devices as the support to build a comprehensive enterprise with great influence. 20 1 1 year, the company will ensure that the ultra-white float glass and its deep processing project and the second phase of ultra-white photovoltaic glass project complete the planned nodes. At the same time, the sales channels of ultra-white float glass and Low-E glass should be laid out in advance, and the CRT market changes should be paid attention to to to expand the market share of natural gas projects.
Point 4: Private placement-Ultra-thin glass substrate project for electronic information display 2065438+In February 2002, the company plans to issue no more than 256 million shares to Henan Investment Group, the controlling shareholder of the company, at an issue price of 4.03 yuan per share. The total amount of funds raised by this non-public offering of shares does not exceed1031680,000 yuan, and it is planned to be used for investment with an annual output of 65,438 after deducting the issuance expenses. Among them, the project is expected to use part of the raised funds of 422 million yuan. After the project is completed and put into production, the average annual sales income in the calculation period is 276.48 million yuan, the average after-tax profit in the calculation period is 79.4806 million yuan, and the average total profit and tax in the calculation period is 6.5438+0.05974438+0.00 million yuan. The financial internal rate of return of the project is 26.75%, and the payback period (including the construction period) is 4.86 years.
Point 5: Ultra-white float glass 20 10 In August, the company plans to invest 240 million yuan to set up a wholly-owned subsidiary, Henan An Cai Solar Glass Co., Ltd., to build a project with an annual output of 2.4 million square meters of photovoltaic solar glass (TCO coated glass) and 6 million square meters of low-emissivity coated glass, with a project amount of 8058 1 10,000 yuan. According to the feasibility study report, after the project is completed and put into production, the average annual sales income is 972.75 million yuan, the financial internal rate of return is 25.6%, the capital rate of return is 30.3%, the investment payback period is 4.92 years (including the construction period), and the average annual net profit is117.33 million yuan. The annual report of 20 10 shows that the project is currently under construction, and the orders for major equipment such as float production line, melting furnace and tin bath of low-radiation coated glass production line have been completed. The net profit of the company in 20 10 is-520,000 yuan.
Point 6: Ultra-white photovoltaic glass Phase I In June 2008, the company invested in the construction of photovoltaic glass project with an annual output of 5.6 million square meters, with a production capacity of 250 t/d in one kiln and two lines, with a total investment of 277.8 million yuan. After the completion of the project, the average annual sales revenue is 300.58 million yuan, the average annual profit (after tax) is 56.27 million yuan, the average annual total investment profit rate is 25.39%, the investment payback period is 4.29 years (including the construction period 1 year), and the internal rate of return is 3 1.56% (before tax). As a landmark project of industrial transformation, the first phase of ultra-white photovoltaic glass project reached the standard on March 20 10. At present, the yield rate has reached the advanced level of the industry and has become the profit pillar of the company.
Point 7: Ultra-white photovoltaic glass phase II 2011February, the company plans to invest 466.68 million yuan to build the ultra-white photovoltaic glass phase II project, build a glass melting furnace with a daily melting capacity of 500 tons, and use one kiln and four lines to build a solar photovoltaic glass production line with an annual output of120,000 square meters. The products are 8 million square meters of anti-reflection coated tempered glass plate and 4 million square meters of ordinary tempered glass plate. The construction period is 12 months. Referring to the initial product price of the first phase of the ultra-white photovoltaic glass project of 2065,438+065,438+0, the average annual sales income of this project is 549.29 million yuan, the average annual net profit is 72.59 million yuan, and the total investment profit rate is 13.53%. The new project products have broad market prospects and improve the company's profitability. At the same time, there are market risks, policy risks, capital risks and construction risks.
Eighth point: invest in two combined gas filling stations in April 20 12. In order to expand the business scale of the gas sector and improve the company's gas profitability, the company plans to invest in the construction of two combined gas filling stations with a total investment of 39.8579 million yuan, including Guangming Station16.35553 million yuan and Emei Station 23.5026 million yuan. The construction period is 69.8579 million yuan. After the project is completed and put into production, it is estimated that the average annual sales revenue of Guangming Station is 433 1.25 million yuan, and that of Emei Station is 8.742/kloc-0.30 million yuan. The average annual net profit of Guangming Station and Emei Station is1942,700 yuan and 3,375,500 yuan respectively.
Point 9: Acquisition of An Cai Energy Equity 20 12 In May, in order to enlarge the company's gas sector, improve profitability and promote the company's long-term development, the company plans to acquire An Cai Energy 15% equity held by China Vientiane in cash of 48 million yuan. An Cai Ministry of Energy is a legally established joint-stock company with a registered capital of 80 million yuan, mainly engaged in the investment and management of the construction of long-distance natural gas pipelines, urban pipe networks, pipeline liquefied gas and natural gas filling stations. After the acquisition, the company will hold 85% equity of An Cai Energy. This acquisition will strengthen the company's control position in the gas business in northern Henan, promote the company's expansion and extension in the gas sector business, and help improve the company's profitability.
Key points 10: CRT leading company is one of the largest manufacturers of color kinescope glass shell in China, and its products have a leading market share in China. 20 10, CRT glass shell lost more than 200 million yuan. Judging from the situation of CRT industry, the situation of CRT is still grim. It is estimated that in 20 1 1 year, the global CPT production capacity will be 6 1 10,000, and the production capacity of global glass shell factories will basically match. The company will continuously reduce costs to improve the competitiveness of CRT glass shell products.
Key points11:In 2007, Flat Panel Display Glass Substrate Technology Co., Ltd. plans to develop flat panel display glass substrate technology and products with independent intellectual property rights. In 2006, after R&D and demonstration, a number of mathematical models of the whole production process from melting, molding to processing were established, and 25 invention patents were applied for and accepted, covering all the processes of glass substrate manufacturing, including materials, molding, wire drawing, packaging and transportation, and some of them have been accepted or authorized in Japan and South Korea.
Key points 12: The concept of digital TV invested 3 million US dollars, and jointly formulated the national standard of digital TV terrestrial transmission with Tsinghua University and American Lingxun Company. Invested 50 million yuan to jointly establish "Tsinghua University An Cai Information Technology Research Institute" with Tsinghua University to conduct research and development of related products.
Thirteenth point: reorganization It is estimated that Henan Construction Investment Company, the largest shareholder of the company, will absorb and merge Henan Economic and Technological Development Company, the second largest shareholder, set up Henan Investment Group Co., Ltd., and complete the change of industrial and commercial registration. The merged Henan Investment Group Co., Ltd. will hold the company's restricted shares 172 1084 13, accounting for 39. 12% of the company's total share capital. The company may reorganize some assets and debts without changing its main business. Henan Jiantou mainly invests in large-scale infrastructure projects and industrial projects involving the overall economic and social development of Henan Province, such as electricity, transportation, cement and paper making. The company has 43 holding companies, including 27 holding companies, with 16 shares.
Point 14: production line stopped. The company stopped running the 6# cell furnace of CRT glass shell products and its supporting production line on 20 1 10 on October 26th. At this point, the company's CRT glass shell production lines all stopped running.
Point 15: the controlling shareholder increased its holdings by 20 1 1 year 12 months. On 26th, Henan Investment Group Co., Ltd., the controlling shareholder of the company, increased its holdings of 1 320, 177 shares through the trading system of Shanghai Stock Exchange. After this increase, the number of shares held by the investment group is 153,147,334, accounting for 34.8 1% of the total issued shares of the company. The investment group intends to continue to choose the opportunity to increase its shareholding through the trading system of the Shanghai Stock Exchange in the next 12 months. The investment group promises not to reduce the company's shares during the implementation of the increase plan and within the statutory time limit, and fulfill the obligation of information disclosure.