Guangdong Orient Zirconic Shares Profit of Nuclear Power Development
With the addition of CNNC, Guangdong Orient
Zirconic Ind Sci & Tech Co. Ltd (Guangdong Orient Zirconic) changed
from the biggest industrial zirconium manufacturer with the most
comprehensive industry chain, to the subsidiary corporation holding by
central enterprises. The output of the two nuclear grade sponge
zirconium production line that under construct are about 1000 tons, it
is predicted that the production time will be 2014 and the end of 2015.
According to the annual strategy, it shows that the requirement of nuclear grade sponge zirconium influenced by nuclear power investment cycle is promising, in the mid-and-long term, Guangdong Orient Zirconic is hopeful to share the profit of developing nuclear power industry. In short term, all the nuclear power objects from the beginning of the year had good performance, which means the shares have stage increasing driving force. After Fukushima Nuclear Accident, global nuclear power came out of the shadow step by step, The Structure of about 69% of Chinese thermal power generation and less than 2% nuclear power generation is badly need to be adjust.
By the end of 2013, the accumulated installed base reached 1937 KW, combined with “Nuclear Power Safety Program (2011-2020)” and “Nuclear Power Mid-and-long Term Development Planning (2011-2020)”, also enumerate the approved and proposed nuclear power projects, it is expected that the nuclear power installed base could be 6945 KW, the composite growth will be 20%. The nuclear grade sponge zirconium is major use in nuclear reactor, used for cover nuclear fuel by means of processing into zirconium pipe, which is consumable, in order to prevent the leakage of nuclear fuel. If the yield of the sponge zirconium in the future is 70%, the consumption of sponge zirconium is 0.35 ton per 1KW and the replace cycle is 18 months, it is predicted that in 2014 and 2015, the requirement of nuclear grade sponge zirconium will be 1215 tons and 1595 tons, and it will reach 2485 tons in 2020. The anticipated revenue in 2014 and 2015 is 730 million Yuan and 849 million Yuan, the net margin is 18 million Yuan and 24 million Yuan, the EPSO is 0.04 Yuan and 0.06 Yuan, which means the overweight rate can been kept.
Source: http://www.china-nea.cn/html/2014-07/29913.html
According to the annual strategy, it shows that the requirement of nuclear grade sponge zirconium influenced by nuclear power investment cycle is promising, in the mid-and-long term, Guangdong Orient Zirconic is hopeful to share the profit of developing nuclear power industry. In short term, all the nuclear power objects from the beginning of the year had good performance, which means the shares have stage increasing driving force. After Fukushima Nuclear Accident, global nuclear power came out of the shadow step by step, The Structure of about 69% of Chinese thermal power generation and less than 2% nuclear power generation is badly need to be adjust.
By the end of 2013, the accumulated installed base reached 1937 KW, combined with “Nuclear Power Safety Program (2011-2020)” and “Nuclear Power Mid-and-long Term Development Planning (2011-2020)”, also enumerate the approved and proposed nuclear power projects, it is expected that the nuclear power installed base could be 6945 KW, the composite growth will be 20%. The nuclear grade sponge zirconium is major use in nuclear reactor, used for cover nuclear fuel by means of processing into zirconium pipe, which is consumable, in order to prevent the leakage of nuclear fuel. If the yield of the sponge zirconium in the future is 70%, the consumption of sponge zirconium is 0.35 ton per 1KW and the replace cycle is 18 months, it is predicted that in 2014 and 2015, the requirement of nuclear grade sponge zirconium will be 1215 tons and 1595 tons, and it will reach 2485 tons in 2020. The anticipated revenue in 2014 and 2015 is 730 million Yuan and 849 million Yuan, the net margin is 18 million Yuan and 24 million Yuan, the EPSO is 0.04 Yuan and 0.06 Yuan, which means the overweight rate can been kept.
Source: http://www.china-nea.cn/html/2014-07/29913.html
No comments:
Post a Comment