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Zhangzidao: little effect on the Bohai Sea ice events
- Yahoo Finance
Xiangcai Securities in green events: With the recent cold weather continued cold frequently, of the Bohai Sea, Yellow Sea for nearly 30 years suffered the most severe ice disaster, we on the matter and the company had a telephone communication. Comments: The Bohai Sea ice conditions in the last 30 years, the most serious one over the same period, its main feature is occurring earlier and faster development and wide distribution. According to observation data, the northern Bohai Sea and Yellow Sea into heavy ice time is about half a month earlier than previous years; to severe glacial ice from the birth time is very short, only 1-2 days in some areas; sea ice distribution than in previous years in the same period significantly increased, at present, the outer edge of Liaodong Bay, the largest line of ice reach over 70 miles, the outer edge of the Laizhou Bay and Bohai Bay, the largest line of ice are about 30 miles in the Bohai Sea ice area has reached 30,000 square kilometers, accounting for about 40% of the Bohai Sea. A scallop farming and bottom cutting sowing two kinds of characters. We believe that this disaster will break cutting frozen scallop farming have some impact, but on the end of the impact of scallop sowing is relatively small. Since the end of broadcast culture is in the 15-25 meters under the sea, the sea ice on the bottom sowing scallop farming less affected. Currently 90% of the scallops are broadcast by way of the end of culture, from the current situation, the company's culture in the region did not show a large area of sea ice conditions, the company did not affect the scallop farming. The operator at the end of cutting sowing cultivation of different culture, primarily through multi-dimensional grid cage, full use of different water layers, to achieve per-mu yield of scallop doubled. Sea ice will destroy the character in addition to cutting, the will reduce the light transmission layer of the ocean and the marine oxygen-made functional decline. However, due to meet the basic cutting Scallop on the shore,[link widoczny dla zalogowanych], it is easier to take remedial measures,[link widoczny dla zalogowanych], and start from January 17, three days there is a clear temperature rise, making the farmers all over the ice by taking, cutting subsidence and Fu oxygen to the sea to fight the way to deal with the phenomenon of the sea ice, so although the sea ice is the worst for 30 years, but until now, have not received large-scale death of Fu cutting scallops message. Although starting from January 17, the temperature began to appear a more obvious pick, but the warmer temperatures is only temporary, according to the National Marine Prediction Center's forecast, the recent strong cold air there is the Bohai Sea region, bringing high winds cool weather, January 20 beginning north of the Bohai Sea and Yellow Sea ice extent will significantly increase. If the sea ice faster than expected, making slow progress in ice, then the operator will bring more of cutting scallops. We will continue to closely monitor the sea ice situation. The company scallop prices have risen to 26 yuan / kg, following the November 2009 to 24 yuan / kg up 8%, we believe that in 2010 the company scallop prices will remain at 26 yuan / kg, we expect 09-11, respectively, the company achieved sales income of 13.97 billion yuan,[link widoczny dla zalogowanych], 1.813 billion yuan and 2.377 billion yuan, net profit attributable to parent company 199 million yuan, respectively, 2.63 billion yuan and 327 million, we raised in FY09 -11 EPS to 0.88 yuan, 1.16 yuan and 1.44 yuan. Taking into account the company's growth and has a large area of the value of clean water, we gave the company 40 times 2010 PE, continue to maintain the company \
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