Fatal Pulse (1988)

3 profession in the first quarter of the year is not optimistic about the situation in the various appliances - appliances, small
Whether the increase in copper prices and weather conditions this year (2006) Air National Promotion has been delayed compared to previous years, production of air conditioning accordingly postponed, if the fluctuations in copper prices and expectations the weather did not appear in the high temperature continuously, in terms of air marketing business this year will be a greater impact. In addition, Real Estate Continue to strengthen the macro control, the demand for air conditioning significantly inhibited, while exports will be subject to a certain extent, the appreciation of RMB. In the first quarter of the year three manufacturing subsectors Color TV in a difficult transition. Upgrading of traditional industries provide great opportunities, but failed to grasp the pulse of the industry are companies suddenly fatal. color television companies in China not only difficult to share flat TV Day, but the rise of the panels flat screen TVs CRT mainly to the significant impact of the color of television companies nationally. In the first quarter, plus a faster transition to the flat, Hisense Electric, Konka obtain good growth, other TV makers are going through a difficult transition period, efforts to improve the proportion of TVs Flat is that these companies face things, increase the proportion of flat screen televisions means that resources allocated to the flat-screen TV will be turned while the CRT flat screen TV is not necessarily more profitable than the CRT. Big Three cooling of the industry remain solid. And Small Appliances TV color compared to the air conditioning business in China is more thoroughly integrated industry, Gree, Beauty, Haier three strong traditional market shares over 45%, but steadily increasing. Although the air conditioning industry in the first quarter is traditionally the low season, but the air conditioning industry made significant gains in exports, particularly exports to North America, very productive, leading the first quarter of the traditional Big Three have performed well, increasing in numbers. The overall increase in gross profit margin of small appliances, good performance. In the first quarter, three small plates small appliances companies have achieved good results, mainly because gross margins have different levels of growth, the growth mechanism is different. Vantage Supor hand and the increase was due to the range of premium products and raw materials to promote the transformation of higher product prices and BDO Runda growth is mainly due to raw materials in steel prices have declined over the previous year. Three aircraft events tend Color China are facing the television companies of the EU anti-dumping is not significant overall. March 31, respectively, the Council of Ministers of the EU and the EC issued a formal notice of removal and 7 color TV manufacturers in China (Haier, Hisense, Konka, Changhong, Skyworth, Xiamen Overseas Chinese, TCL) The prices and commitment to restore the anti-dumping. The EU initially in 1988 and 1992, respectively, large color TV in China from launching anti-dumping investigations. December 2, 1998, after consideration by the European Union on China's TV exports to the EU tax harmonization 44.6% anti-dumping duties, which causes a period of time television exports to China the EU was essentially closed. Because anti-dumping for CRT products, and has produced negative effects in 1998, a total of 400,000 units of export quota has been closed market. TCL Thomson currently has a manufacturing base in Europe, the Czech Republic to base production of Changhong, other companies such as Konka, Hisense, Haier has set up a machine in Europe, mounting base, bulk exports of anti-dumping is not the way OUT. Hisense, Xiamen Overseas Chinese and other export products strive to focus on.