Although the aerospace mechanical and electrical auto parts business as a whole still growth potential, but its current account for the entire company's main income ratio has already dropped to less than 35% of the levels and new energy, new materials, such as business applications of the main income ratio More than 65 percent.  Profit from the situation, the present auto products still contribute to a more than 56 percent of the main business profits, and new energy, new materials, such as business applications due to cost factors, its profitability still needs to be further improved.

 Investment points:

 ● Although the aerospace mechanical and electrical auto parts business as a whole still growth potential, but its current account for the entire company's main income ratio has already dropped to less than 35% of the levels and new energy, new materials, such as business applications of the main income The proportion has exceeded 65 percent.  Profit from the situation, the present auto products still contribute to a more than 56 percent of the main business profits, and new energy, new materials, such as business applications due to the impact of factors such as cost, profitability still needs to be further improved.

 ● China's auto industry has been the development by the rapid growth to stable operation, for the electrical and mechanical space, how to enlarge and strengthen the new energy, new materials business applications such as photovoltaic industry has become urgent issues.

 ● To this end, the company notice to raise funds through , in the "Inner Mongolia Shenzhou silicon industry limited liability company" and replenishment of the "Shanghai Shenzhou New Energy Development Co., Ltd." investment 150 MW solar  cell film projects, and to gradually build a "photovoltaic industry "Relatively complete industrial chain, the company's new energy, new materials application business of turning-point leap to become the next new corporate profit growth is.

 ● If the space of the Electrical and Mechanical the smooth realization of financing, equity participation "in Inner Mongolia Shenzhou silicon industry limited liability company" and replenishment of the "Shanghai Shenzhou New Energy Development Co., Ltd." investment 150 MW solar  cell film projects be completed on schedule, according to the Shanghai and Shenzhen exchanges related to the current Intrinsic value of listed companies, the net assets and the proportion of the secondary market prices, can be measured from the Electrical and Mechanical Aerospace secondary market at a reasonable price should be 8.50 yuan / share more, to give a "cautious overweight" investment rating.