The most popular Wanxun automatic control slowed d

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Wanxun automatic control's performance growth slowed down in the first quarter of 2014

Wanxun automatic control announced on the evening of the 24th that the company's operating revenue and net profit in 2013 were about 330million yuan and 33.638 million yuan respectively, with a year-on-year increase of 17.7% and 44.13% respectively. Meanwhile, the first quarter performance forecast released due to the imbalance of the bridge showed that the company's net profit fell by 5.32%-33.29% year-on-year

in terms of Wanxun automatic control, the vacuum insulation board is represented by the inorganic fiber core material and high gas resistance composite film through the vacuum packaging technology. In 2013, the demand of the company's downstream traditional industries was still weak. Under the adverse external overall market environment, Wanxun increased its R & D and sales investment in the early stage of the fixture control for special samples, and the expansion of new products and new markets was good; In this report period, the company reported that the insulation performance of the vacuum insulation board would drop sharply; Secondly, the scope of the table has increased, the M & A projects have operated steadily, and the company's operating revenue continues to grow

however, in the first quarter of this year, affected by the adjustment of national macro industrial policies, the demand of traditional downstream customers in the industrial automation instrument industry continued to be weak, especially the sales volume of the power industry decreased significantly, resulting in a year-on-year decrease in the company's operating income in the first quarter, while the cost did not change much. Under the comprehensive effect, the company's net profit is expected to decline compared with the same period of the previous year

Wanxun automatic control also provided the 2013 annual profit distribution plan. The company plans to distribute cash dividends of RMB 0.65 (including tax) to all shareholders for every 10 shares based on the total share capital of 161167500 shares at the end of 2013, with a total cash dividend of RMB 10.4759 million. At the same time, the capital reserve was converted into 5 shares for every 10 shares, totaling 80.58375 million shares. After the conversion, the share capital increased to 24.175125 million shares

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