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Yongsheng advanced materials Board of directors solemnly convenes in Hong Kong

Source:Yongsheng advanced materials Time:2016-04-14 Click:1101

On March 23, Yongsheng new material Board of directors solemnly convened in Hong Kong, theconference was chaired by chairman Li Cheng,elasis Zhao Jidong, Li Conghua, Ma Qinghai,Huang Huiling, Wang Huaping and othersattended this conference.
The conference in 2015 annual business, thebusiness development and financial situationhad carried on the report on the company one by one. In recent years although the Chinesetextile industry situation was grim, but mydepartment, researched and developed the new product and promotion profitability level by theexpansion capacity achieves the satisfyingsuccess successfully. The company 2015 sales volume maintained the good growth, the ratio of margin also has the large rise. Acquisition ofachievement is mainly because this groupconcentrates on the operational strategy ofprofit high differentiated polyester fiber filamentproduct, in the time promotes the productionand dyes the production efficiency of processingto make the overall capacity increase,simultaneously succeeds to develop many new products to be helpful in stepping up the productfixed price ability and profitability level. Theshareholders should occupy continually theexcess profit and each profit of do businesshave the large promotion. In order to thank theshareholder supports, the board of directorssuggested to distribute end dividend each 3Gangxian, together with has paid interim dividend each 2 Gangxian, will equal annualdividend each 5 Gangxian (in 2014: 4Gangxian), distributing dividends rate rise 3.1percentage points to 29.5%.
President Zhao Jidong said at the media midday feast, 3D that last year just introduced printsthe new material product portfolio ratio of marginto reach 31.8%, it is expected that this yearthis service will grow substantially. Zhao Zongpointed out that 3D printed the new materialproduct portfolio to introduce in December of last year, therefore the service profit contributionwere few to the group last year. The group will invest least 8,000 ten thousand Yuan to makethe capital expenditure this year, mainly serves as the expansion chemical fiber and capacity ofdyeing processing, but the new workshop ofgroup chemical fiber second issue of dedicatedproduction differentiated polyester fiber filamenthas completed the construction, it one after another will install the production line next year,believes that may increase 30% capacities,completes together with other groupconstructions, next year will be hopeful to increase 70%-80% capacities. Meanwhile,group president Li Cheng stressed that the 3Dprinting technology is the emerging product inthe mainland market, therefore there is a verybig business space, this year the group will develop the environmental protection and suitsthe 3D printing material that the child uses, todevelop education and small family market, LiZong thinks that the new material has themassive expansion potential.
The Yongsheng new material will leverage,except consolidating the present domestic market and customer, the huge demand ofaiming knitting market to variation textile fiber,diligently researches and develops the newproduct to open the knitting market client; Whilemaintaining home traffic development, we alsoactively develop the overseas emerging market,hopes that can increase the variation textile fiber in the sales share of international market,makes the breakthrough in the overseas market.


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