Weichai Power's Q1 net profit was lower than expected: During the reporting period, the company realized operating income of 13.536 billion yuan, YoY-26.65%, net profit of 1.025 billion yuan, YoY-44.57%, and EPS of 0.615 yuan. Q1's comprehensive gross profit margin was 19.61%, YoY decreased by 3.4 percentage points; reporting period management costs YoY increased by 3.2%, mainly due to the increase in labor costs and R&D investment during the period.

The sales volume of Q1 products decreased significantly: due to the decline in domestic infrastructure investment and foreign trade, the company’s corresponding heavy truck and engine sales saw a significant year-on-year decline. Q1’s engine sales were only about 110,000 units, and YoY’s decline was 35%. The company's heavy truck sales volume was approximately 24,000 units, a decrease of 28%; Fast Gear sold approximately 150,000 units of transmissions, YoY-40%.

It is estimated that the main product revenue will decrease in 2012 compared with the same period of last year: At present, there are indications that the government will fine-tune the Q2 and subsequent infrastructure investment policies to protect the investment growth rate. Therefore, we believe that the industrial prosperity of heavy trucks and construction machinery will be closer than expected in the second half of the year. With the rebound, coupled with the lower base period in the second half of the year, YoY growth is also possible. However, the probability of decline is still high throughout the year.

The implementation of the diesel engine IV standard in 13 years will boost the company's current performance: The Ministry of Environmental Protection issued a document at the beginning of the year that the deadline for the implementation of IV emission standards for national diesel engine countries is July 1, 2013. Judging from this, in 2013, the company’s sales of heavy trucks and engine products and added value of its products will be significantly improved. The YoY of annual profit is expected to increase by more than 30%. It is expected that the company’s revenue in 2012 and 2013 will reach 56.752 billion yuan and 659.05 respectively. Billion yuan and YoY respectively decreased by 5.44 and 16.13%; realized net profit was 4.425 billion yuan and 5.984 billion yuan respectively; YoY decreased by 20.93% and increased by 35.22% respectively; EPS was 2.656 yuan and 3.591 yuan respectively. At present, the A/H shares P/E for the 12 years are 13 times and 11 times; given the 13 years of implementation of the National IV and the company's leading position in the domestic large-scale diesel industry, the company holds investment advice.

High Speed Roll Up Door

Material Selection:

1. Frame: 2MM thicknesses cold-roll Stainless steel.

2. Motor: Germany SEW brake motor (outer), power 0.75KW, power supply 220V.

3. Control system: Imported Japan Mitsubishi converter and PLC to control of electric box (150%1HZ)

4. Opening & closing speed: 0.6-1.5m/s (adjustable).

5. Safety Device: Korea Photocell Sensor, emergency stopping reaction when sensing obstacles.

6. Curtain: France high-density polyester fiber and the surface coating processing, thickness 0.8MM, variety colors can be chose: Red, yellow, blue, green, orange, gray, white, transparent, etc. Tensile strength: 4000/3500N/5cm, tear strength 600/600N. Fire-proofing level: German standard DIN75200 Usage temperature: -30 ° C +70 ° C.

7. Wind resistant: The Aluminium alloy Reinforce Girder to increase wind resistant effect.

8. Curtain replacement function: Aluminium alloy Reinforce Girder is loaded between 2 pieces Curtain, can be replaced easily if any curtain broken, save your cost.

9. Transparent window: 1.2MM thickness transparent PVC window, size and location is up to your request, more safer.

10. Seal: Seal brush are Installed inside the guides, and the special bottom design, to fit any uneven ground.

11. Cotrolling way: Push button + radar sensor, very convenient.

12. Limiting Switch: Mechanical limiting switch, easily and exactly.

13. Emergency STOP: With emergency stop button on control panel, can stop easily by

Hand once disconnect or accident

14 Fault recovery function: All Hongfa's production is with fault recovery function, system will self-recovery after power cut off.

15. Delivery time: About 7 business days with contract and deposit confirmed.

16. Pyament item: 50% before production, and the other 50% before shipment.

17. Warranty Details: We provide 12 months warranty for all doors and accessories (except man-made disasters, Irresistible natural disasters, ect^).

We have many professional engineers with rich experience, qualified products, perfect service system, and good cooperation relationship with many famous companies.

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SHENZHEN HONGFA AUTOMATIC DOOR CO., LTD , https://www.hongfarrs.com