Xinjiang Guotong Pipeline Co.Ltd(002205) of the water conservancy construction branch in the large infrastructure sector opened low today and hit the limit in less than 10 minutes. From 13:41, there were two waves of large-scale increase, blocking the limit until the closing, realizing the triple board.
For a long time, Xinjiang Guotong Pipeline Co.Ltd(002205) since the lowest point of 6.36 yuan at the end of October last year, the cumulative increase of has nearly doubled .
What funds are behind it Xinjiang Guotong Pipeline Co.Ltd(002205) after hours, the data of the one-day list showed that the funds of the dragon and tiger list bought 1.97 million yuan net institutional seats sold for two, selling 9.41 million yuan well-known hot money Ningbo Sangtian road ranked among the four seats to buy, with a net purchase of 7.2596 million yuan.
Public information shows that Xinjiang Guotong Pipeline Co.Ltd(002205) main business is the manufacture and transportation of cement products such as prestressed steel cylinder concrete pipe (PCCP), various water pipelines and their special-shaped pipe fittings and accessories, subway shield ring, and related technology development and consulting services and PPP projects.
In terms of performance, the company turned into a loss in the third quarter of 2021, with a loss of 289724 million yuan. It is worth noting that company suffered losses in the first quarter of four consecutive years
Xinjiang Guotong Pipeline Co.Ltd(002205) previously disclosed the forecast of the annual report. It is estimated that the net profit in 2021 will be 7.5-11 million yuan, a year-on-year decrease of 33.09% - 54.38%.
During the reporting period, the scale and benefits of the company's main business PCCP business segment continued to develop well, and the net profit is expected to increase year-on-year; Due to the large year-on-year increase in revenue and profit realized by the holding subsidiary during the reporting period, the net profit of the company is expected to show a year-on-year downward trend.
On the news side, the recent national standing committee decided to start a number of new water conservancy projects with mature conditions to improve the protection of water resources and the ability of disaster prevention and reduction. The meeting pointed out that water conservancy projects are livelihood projects, development projects and safety projects this year, we will start a number of water conservancy projects that have been included in the plan and have mature conditions, such as the follow-up project of the South-to-North Water Transfer Project. The annual investment in water conservancy can be about 800 billion yuan
In the research report released on April 4, 2022, BOC International Chen Haowu said that the national standing committee will once again send the signal of stable growth and complete 800 billion yuan of water conservancy investment this year. The quota issued in advance last year will be issued before the end of May, and the quota issued this year will be issued before the end of September on the one hand, the national Standing Committee further transmitted the signal of steady growth and accelerating special debt and infrastructure investment on the other hand, it defines the investment intensity of water conservancy facilities emphasized many times this year analysts believe that the construction of water conservancy facilities will stimulate the demand for concrete pipes and cement on the other hand