Aetna's three projects fail to achieve the expected benefits

The semi-annual report released by Antai Technology on July 21 showed that the company achieved a net profit of 55,993,847.56 yuan in the first half of the year, down 1.06% year-on-year. The performance for the same period last year was 56,596,582.71 yuan. In addition, the company's high-performance insoluble materials and products industrialization projects invested by the company, annual production of 40,000 tons of amorphous ribbon materials and products, high-grade polycrystalline diamond materials and high-grade professional diamond tools industrialization projects have not achieved the expected benefits. .

The three projects totaled 399.90 million yuan. In June 2006, the board of directors of the company reviewed and approved the “Proposal on Non-publicized Private Issuance of Stocks by Antai Technology” and plans to raise 400 million yuan to build these projects. The project's funding period is from 2006 to 2008. Affected by the Olympic Games, the project construction period was delayed by about half a year. During the reporting period, only the third project generated benefits and realized benefits of 2.41 million yuan.

The announcement disclosed by the company on February 18 stated that the system reliability of the first 10,000-ton capacity production line of the company's amorphous strip project has been further improved and improved, and the thermal test will be transferred to trial production as appropriate; iron core and transformer Trial production is in progress. The company has completed the technical optimization plan for two production lines with a capacity of 30,000 tons, and entered the equipment customization stage. The semi-annual report also pointed out that the high-grade polycrystalline diamond material and high-grade professional diamond tool industrialization project was adjusted to be implemented by Beijing Antai Steel Research Superhard Material Products Co., Ltd., a 95%-owned subsidiary of the company. The implementation method is Aetna Technology. The phased increase of capital of 112.46 million yuan was carried out.

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