Chigo netted more than 300 million air-conditioning 74% subsidy from the State - Chigo Air Conditioning, Zhi Gao Report - household appliances

< BR> 3 25, Hong Kong-listed company, theenergy-efficient air-conditioning R & D and
domestic high- Energy Efficiencyproducts are good preparations. The adjustment of
Air conditioningenergy-saving projects that benefit the performance
Market leaderof this year on high-impact Yu Zhi will not be much.
PescodAir-conditioning business executives also admitted that,
The company announced 2009 results. To residentialonce the lifting of energy-saving policy of benefiting the
and commercial air conditioning for the main businesssale of business subsidies, air-conditioning products in
Pescod Holdings, 2009the market price will definitely rise. In the short term,
Sellprices will suppress part of the market demand.
Reached 60 billion, representing more than 5.9 billion<BR> Present, Pescod Holdings basic earnings per
yuan in 2008 increased only slightly. However, theshare significantly enhance the grounds of 22.3 points
company's net profit has increased from 1.6% to 5.2%,to 67.5 points. With the high profitability significantly
total profit reached 314.8 million yuan. Quite unexpectedenhance the Chi behind the blog the way up the high
that many market investors.price. This reporter noted that from July 13, 2009,
<BR> However, journalists have noted PescodPescod officially listed on the HKEx, the day stock
disclosed in its annual report last year from the State "price to close at 2.51 yuan. The March 25, 2010, Chi
Energyintraday high price to 6.89 yuan an increase, or up to
Projects that benefit the275%. According to Hong Kong media reports, Mr
"Subsidy policies to promote energy-efficient airPescod has been holding since the 2009 stock market
conditioners to get the amount of government financialgains one of the largest of three new shares.
assistance and up to 233.6 million yuan, accounting for<BR> On March 12, New World Development
74% of annual net profit.chairman Cheng Yu-tung Hong Kong sold out
<BR> This, Chi, chairman of the high air-conditioningyesterday's blog last purchase high holding more than
Lixing Hao4,000 million shares, nearly 130 million Hong Kong dollars
Said that in 2009, the Government implemented aa successful investment income into the pockets yield
number of policies, such as "up to 133%, once known as the past year to
Appliances to the countrysideparticipate in the "fight the new" Hong Kong tycoons
Subsidy policy "," export tax rebate policy, ""who made one of the best victories.
Projects that benefit the energy-saving products<BR> Last year by the impact of declining sales in
"And so on. With these incentives, Pescod to respondoverseas markets, high domestic air conditioning Chi
quickly and decisively, and enhance the sales andturnover decreased slightly by 2.4%. However, the
production of energy-saving products. The Group'sturnover from commercial air conditioning surged
domestic sales surge, as the global economic34.0%. Prior Pescod for their own air-conditioning
recovery, Zhi Gao in the second half of the salesmachine spare parts manufacturing and supporting the
performance improved significantly .establishment of factories upstream, because last
<BR> Learned that Chi's total of 403 models ofyear a large number of supply for other air conditioning
high product in the "energy-saving products Wastemanufacturers, sales increased 70.9%.
Management Project" in three batches of the national<BR> Industry observers point out that this year,
bidding process, all of them as an energy-efficientdomestic air conditioner market in the blog will continue
products, the total number of all successful enterprisesto increase high-energy-efficient air conditioning
ranked first. However, early in March, the Nationalpromotion efforts, an occasion to rise. Meanwhile, Mr
Standardization Committee announced a newPescod commercial air conditioning business on the
mandatory energy efficiency standards for airinput will increase, the current Pescod has begun in
conditioning, from June 1 this year, China'sWuhu, Anhui, and Jiangxi Jiujiang, commercial air
fixed-frequency air-conditioning market from theconditioners were set up two production bases, is
current threshold of 5 direct upgrade to 2. With theexpected to be completed in the first half of 2011,
existing energy efficiency standards, the new standardwhen the Chi high number of commercial air
of energy efficiency limit is increased by 23%.conditioning production line will be increased to 9.
<BR> Previously, there was news that the new air<BR> There are signs that, over the years has
conditioner energy efficiency standards, the existingbeen "ranks the fourth millennium," said Zhi-high
energy-saving projects that benefit will cancel theair-conditioning, by last year's corporate net profit rose
existing two subsidies for energy efficiency productsharply, energy-efficient air-conditioning to promote
sales, but also reduce an energy-efficient products, theoutstanding achievements in the momentum will
amount of subsidies.continue this year, set off air-conditioning industry in
<BR> An industry analyst pointed out PescodChina the impact of the top three in the series of
energy-efficient air conditioning unit of all is a product,actions.
not two. Moreover, the current high in the new one Chi