Monday, January 10, 2011

Hainan Rubber Composite obvious advantages of future development

 The field of natural rubber
absolute leading position

four major industrial raw materials as natural rubber (oil, coal, steel, rubber), the only renewable green resources in recent years, prices continued to strengthen. With China in 2001 to become the world's largest natural rubber consumer and importer, China's rubber market trading volume and prices have begun to lead the international market.

years ago, part of the shares is expected to soar! Confidential! Market institutions will soon be reversed capital flows have changed dramatically! Main funding is plotting a new layout
China's largest manufacturer of natural rubber - Hainan Natural Rubber Industry Group Co., Ltd. (hereinafter referred to Hainan rubber) has a concentration of 353 contiguous acres of rubber plantations, rubber plantations have been formed, acquisition, processing, deep processing, marketing, logistics, research and development the world's most complete industrial chain system, has the most competitive brand of natural rubber, natural rubber industry in the international business was ranked ninth.

natural rubber is a typical resource-constrained products, on the geography, soil, climate, humidity and other natural conditions, more stringent requirements, should be concentrated in a small plastic zone tropical countries. Hainan Rubber open areas in the north latitude 18 degrees, the history of rubber cultivation. And are outside the small area of less than 4 hectares compared to rubber plantation in Hainan Hainan Land Reclamation of rubber transmission rubber for nearly 60 years management experience and accumulated technology, has the world can not be replicated, centralized 353 contiguous acres rubber plantation. 55% of its forest production capacity of plastic products in the busy period in the early production of rubber seedlings, and also accounted for all forest area of about 25% gum forest, a huge economic value of timber resources, the total volume of about 10 million cubic meters.

Hainan rubber natural rubber processing the largest scale. Currently, in Hainan island to set up a centralized processing plant 13, the comprehensive processing capacity of over 320,000 tons of total / year, the maximum average processing capacity of processing 48,000 tons / year, both in the domestic leading level in the same industry. 2009 Hainan-based rubber to self-produced plastic, rubber output of nearly 20 million tons, accounting for more than 30% of national output. Meanwhile, Hainan Rubber can produce a variety of high quality rubber products, is the structure of the industry's most extensive product manufacturer. Its leading products on the 5th standard rubber, as recognized by the Shanghai Futures Exchange, can be used as physical delivery is one of only three species. In addition, Hainan is not only the few can produce rubber air tire rubber and plastic, and other special rubber tire manufacturers, the domestic industry is the only large-scale production of natural rubber latex concentrate producers.

has been planted in Hainan Rubber resources with their own self-production and processing and production patterns, and bring the domestic and foreign counterparts 2-3 times higher than the gross profit margin, sitting on the domestic natural rubber the absolute leading position in the field.

competitive advantage reflected

1, technological advantage lay ahead. Hainan is China's natural rubber industry rubber pioneer, the accumulation of a large number of research experience and results, in the pipe, support, and cutting the integrated management of technical aspects of the world's first. Its R & D center has a team of hundreds of scientific and technological research and development, in rubber cultivation and processing has made a number of achievements with independent intellectual property rights, have access to in Hainan Province, the Ministry of Agriculture and the country to obtain more types of scientific and technological progress award. Continuously since 2006 in eight national standards or industry standards, to play a rubber plant in Hainan resources, reduce production costs are of strategic significance. At present, Hainan through the production of rubber technology, rubber lines to further adjust and optimize the structure, promoting the adoption of new varieties, the company's future in the seedlings of rubber is expected to shorten the time to ask management, yield per plant is expected to increase. Since 2008, Hainan rubber to 8 acres to 10 acres each year the rate of updates low-yielding rubber plantations, in order to ensure the sustainable development of the company to add staying power.

2, rich experience in production management and organization. Natural rubber production cycle up to 30 years, from the seed breeding and other sectors closely linked to the tapping, but also a large number of dispersed workforce operating, production organization and management difficult. After a long exploration, the company has accumulated rich experience in production and the establishment of an effective system of production organization can effectively organize the majority ask for workers, tapping workers, 353 million mu of rubber workers in the rubber forest land, the production follows the production technology of order unity.

3, structural reform, management, improve cost efficiency. Hainan rubber and actually controlled by the controlling shareholder of Hainan State Farms Group Corporation, the predecessor of Hainan State Farms Corporation, founded in 1988, 27 September 2010 changed its name to restructuring of Hainan State Farms Group Limited. Over the years, the State Council attached great importance to the work of reform in Hainan State Farms and Hainan Hainan Land Reclamation of rubber as the pioneer system reform. June 18, 2008, the State Council executive meeting September 2010, the CPC Hainan Provincial Office, Office of Hainan Provincial People's Government issued the With the deepening of reform in Hainan State Farms, and promoted the establishment of property rights in Hainan Rubber, scientific management of modern enterprise system moving again. The construction of modern enterprise system the company has greatly enhanced the management efficiency, the company laid the foundation for content-type growth, also contributed to the decline in corporate management costs. Only in 2009, the company reduced administrative costs so 078 million yuan over the previous year.

issue price of 87 times earnings in Shanghai hit a new high

Hainan Rubber (601,118) at December 28, 2010 the official purchase, to be in January next year, landing A shares. Company expects to issue 786 million shares at an issue price 5.99 yuan, raising funds of 47 billion. It is worth noting that the issue of new shares up to 87.73 times earnings, once again set a Shanghai record.

Some analysts said, primarily with the overall supply of natural rubber, while demand is growing, natural rubber prices on the overall upward trend. Since the second half of 2010, as domestic natural rubber producing areas of varying degrees of bad weather, and the role of multiple factors such as market expectations, the natural rubber prices rising, the highest level. Hainan rubber products more unique, and there is no comparable listed companies, which all latex products are approved by the Shanghai Futures Exchange, to do physical delivery of rubber varieties, the company ability to highlight the market premium. On the other hand, are rubber futures prices are also at historically high levels, will be pushed up to some extent the issue price of rubber in Hainan.

Hainan Rubber raise funds for the cultivation of rubber plantation updated building, rubber, seed breeding base, rain hat techniques and other projects. Raised after the successful implementation of investment projects, rubber, rubber plantation in Hainan will greatly enhance the production potential. In the next four years, on Hainan Island Hainan rubber will update the central and western regions to complete planting 34 acres of rubber, building a new generation of high-yielding rubber plantations, to further strengthen the company's plant resources. So, Hainan Ji continued expansion of the scale of the property to bring rubber content type will increase in Hainan, and Yunnan, Hainan rubber raw material purchase and processing of rubber to increase the amount of rubber in Southeast Asia, the main origin of the global establishment of the Extensive capacity expansion is also worth the wait. In addition, Hainan rubber will use electronic trading platform, the sales network and futures hedging instruments to ensure the stability of profitability, eliminating the risks of fluctuations in rubber prices. We believe that the original rubber in Hainan Land Reclamation and the formation of the modern enterprise system model, can greatly improve the internal management and efficiency, greatly enhance future profitability.

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