Research on Five Institutions After the Spring Festival-Oilfield Environmental Protection, Mergers a

Kexin Jidian indicated that the success of the fourth generation of nuclear power heat pipe equipment R & D has some impact to company. But there’s still some difficulty to get massive orders.

A After the Spring Festival, Kexin Jidian (300092) quickly ushered in the first wave of the year the body of research. February 9, Guotai Junan Securities, Yinhe Securities, Haitong Securities, China Shipping Fund, China Venture Fund 5 institutions came to Kexin Jidian for the company research. Reporter from "Financial Investment News" found that the five institutions is mainly to understand the company's business prospects for the next few years, oil field environmental protection business, nuclear projects and whether there will be mergers and acquisitions plan.

Before the Spring Festival, Kexin Jidian released 2016 annual results notice. It is expected that in 2016, Kexin Jidian will achieve net profit of 30 million yuan -3450 million for shareholders. This data excelled the third quarter of 2016. At the third quarter, the company expects net profit of about 21 million yuan -2600 million.

For the reasons of changing in performance, Kexin Jidian said: the fourth quarter of 2016, the company increased money collection. At the same time, due to the restart of the suspended sales contract, the stock price was rushed back to 1.87 million yuan. The total reduction of assets impairment loss is 8.67 million yuan, a corresponding increase in attributable to shareholders’ net profit is about 7.67 million yuan.

Under the condition of the decline in main business, Kexin Jidian has been seeking new profit growth in the past two years. Apart from nuclear power business, the company also introduced a number of business elite to set up the Oil Field Environmental Protection Division and Sichuan Branch New Aolai Import and Export Co., Ltd. in August 2015. Kexin Jidian has also march into the oil field environmental protection and import-export trade business.

Kexin Jidian not only provides the equipment used in the oilfield environmental protection business, but also provides the corresponding oilfield waste disposal service. The company disclosed that the oil field environmental business in 2016 brought about 10 million revenue to the company. They also predicted that the oil field environmental business will boom along with the gradual recovery of oil prices.

For the oil field’s environmental protection market, Kexin Jidian indicated that with the implementation of environmental law, there will be a lot of market space in the future. "Financial Investment News" reporter noted that in July 11, 2016 Kexin Jidian has disclosed that its system for the first nuclear power plant - the fourth generation of high-temperature gas-cooled reactor nuclear power plant demonstration project was recently manufactured.

Mergers and acquisitions of listed companies have always been the focus of the organization, this survey has no exception either. About this, Kexin Jidian said: "M & A plan has always existed in recent years, the company increased research, exploration, demonstration, and actively looking for a good direction and industry, and will continue to strengthen this work in the future.