tianwei is the annual report 2011 released

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Be considered 'leading enterprise in the industry transformation of the change' tianwei (11.40, 0.00, 0.00%) released its 2011 company management, and a few years ago the hot market than held in 2011, the change of revenue tianwei and net profit fell 29.93% and 94.32% respectively compared, this performance and at the time of the investors expect from far.
Last week, tianwei is the annual report 2011 released fake oakley m frame sunglasses, annual company business income is 5.346 billion yuan, net profit of 35.16 million yuan, decreased by 29.93% and 94.32% respectively compared. Transmission business income is 3.119 billion yuan, 39.79% year-on-year drop; The new energy enterprise investment income-121 million yuan, 156% year-on-year drop; The company holds a trade fair value of sexual finance capital greatly decreased, the changes in the fair value influence-178 million yuan.
And on Thursday, tianwei the change also announced AEPL and establishing a joint venture company in India for the new company mainly engaged in transformer, reactor in India of production and sales business, the total investment is 281 million yuan RMB, a 51% respectively and the equity of 49%.
But over the past week, the change of investors and tianwei ignored the company's overseas development, share price drop for five days, the cumulative fall 9.24%, finally closed at 11.40 yuan a share fake oakley batwolf white sunglasses, From the end of 2010 the price per share of 30 yuan high gradually began to fall, accumulative total has fallen more than 6 into.
XiangCai securities research report the change performance downturn and tianwei share price falling analysis says, on the one hand, the transformer and new energy industry is bad, and the past year some products a sharp slowdown in gross margin, and share company investment gains decline, especially in the second half of 2011 to sign for the price of polysilicon photovoltaic industry overall weak to affect our company bigger; On the other hand is a company can rigging (6.84, 0.10, 1.48%) listed company share price change, leading to the changes in the fair value fake oakley split jacket sunglasses, earnings compared to the company is greatly reduced.