What is the market outlook of Xiangdian (6004 16)?
The successful off-line production of 2 MW fans in Xiangdian Co., Ltd. indicates that the company has made a major breakthrough in the field of high-power fan equipment manufacturing, and it is expected to become the first enterprise in China to manufacture high-power fans industrially. At present, the company has about 50 orders for complete sets of fans, with a total contract amount of nearly 800 million yuan. Considering the steady development of the company's leading product AC/DC motor market, we temporarily maintain the company's EPS profit forecasts of 0.34 yuan, 0.74 yuan,1.1yuan in 2007-09. Considering that the company's current share price has fully reflected investors' expectations for the high growth of the company's performance, and the 40 million shares issued by the company to institutional investors last year will be released from circulation on the 8 th of this month, it is expected that it may bring some fluctuations to the stock price and temporarily maintain a "neutral" rating.