On March 9th, we investigated the Boshen tool. The company is the largest diamond tool manufacturer in China. It has complete products and strong research and development strength. The company's products are widely used in construction, infrastructure, stone processing and other fields. About half of the sales revenue comes from exports. Compared with many small and medium-sized enterprises in China, the company's products are positioned at a high level, and the gross profit margin remains above 30%. There is huge room for development in the domestic high-end market: the company's laser welding products have the advantages of high welding strength, high precision, high temperature resistance, safety, etc., and have been widely used in foreign countries, accounting for 80% of the market of foreign diamond saw blade tools of 80 billion US dollars . The scale of domestic diamond saw blades is about 5 billion yuan, of which laser saw blades are only about 2%. In the future, with the increase of labor costs, the government has increased the safety requirements for construction, and the potential domestic market for laser welding products is huge. Power tools and alloy saw blades will develop rapidly: small construction machines are produced on the basis of the development of diamond tool cutting technology, used in the field of concrete cutting, stone, ceramics and other building renovation, currently dominated by foreign manufacturers, Bo Deeply cooperated with Shanghai Electric Power Tools Research Institute and acquired Canada CYCLONE Company to make full use of the company's brand advantage, and is expected to quickly seize the domestic and international power tool market; high-end alloy saw blades are mainly used for cutting high-end wood flooring and furniture. Relying on foreign brand products, the company established a joint venture with Germany's PREWI to seize market share and is expected to enter the machining center's tool products. The company has developed high-speed rail brake pads for many years, and its technology is in a leading position in China. With the acceleration of China's high-speed rail construction, the future market scale is very impressive. Once the company enters the market, it will become an important profit growth point for the company. We are optimistic about the company's market position and aggressive attitude in the field of diamond tools. The high-speed rail brake pads are the company's long-term profit growth point. In the annual report, the company proposed an ambitious development goal of four times the revenue and performance growth in 2015. We forecast the company 2011. From 2013 to 2013, EPS was 0.60 yuan, 0.82 yuan and 1.06 yuan, giving the company an "overweight" rating for the first time.
WPC VINYL FLOORING
WPC VINYL FLOORING
Omega Eco Deco Materials(GuangDong) Co., Ltd , https://www.rococfloor.com