Cosmetic industry will become the seed Huang next economic growth point

Haitong securities issued recently for tablet wang Huang research report, said in a report, seed Huang company is famous at home and abroad of the finalists, fors years history, the variety of sole piece Huang is a state-level protection varieties, has long been people as precious health and present gifts to each other. Piece of seed Huang was elected to the national finalists the top brand value. Company has many competitive advantages, according to its natural musk scarce raw materials, product is piece of seed Huang continues to increase capacity. And in recent years, the company's leading product piece son Huang ex-factory price has been increased. The price reason mainly has a higher cost and market demand. But they are mainly natural resources were scarce for a long time, the market demand, the main products of seed Huang prices will also rise of % per year. At present, the company's raw material inventory is sufficient, artificial musk progress, in the next three years the incremental production. Last year's inventory. One hundred million yuan, year-on-year increase. One hundred million yuan, increase %. Musk industrialization base construction and supporting the project by the national ministry of listed in medicinal herbs production, over the next three years the company to arrange the incremental production according to market supply and demand situation. So to ensure the company quantity and price compound growth rate over the next three years. %, pharmaceutical production income reached one hundred million yuan, is expected to net profit achieved. One hundred million yuan. Not long ago, the company also cooperates with China resources, make up for the marketing. Company and China resources established joint venture company invested one hundred million yuan, the year the company signed an agreement with China resources group, will work in 17 provinces and municipalities to set up a piece of wang Huang counters. Huarun intervention can make the company improve relatively weak marketing ability, is advantageous to the company continue to focus on slice seed Huang series product development and sales. Seed Huang in do business at the same time, the medicine makeup date as the company's new profit growth point. Cosmetics company will be completed in the second half of the year will move, capacity problem will be solved. This year the company will also have more new product on the market. In the first quarter this year cosmetics restore rapid growth, this year's sales revenue is expected to exceed one hundred million yuan. Edit: note: henan