The Results Presentation Roadshow of Conch Venture Was Held in Hong Kong
Date：2014-05-10
From：海螺創(chuàng )業(yè)
On 1 April 2014, Conch Venture presented its 2013 annual results in Hong Kong island Shangri-La hotel, chairman Mr Guo Jingbin, execuitve director and general manager Mr Ji Qinying, company secretary Mr Shu Mao and deputy director of financial department Mr Chen Xingqiang attended the meeting. This is the first roadshow since company got listed on 19 December last year, which attacted much attention. Almost 138 investors and analysists attended the meeting where no one empty seat was left.
In opening remarks, Mr Shu Mao expressed the gratitude to investors and analysists present, and introduced the attendance of company’s high level.
Mr Ji Qinying introduced the first financial statement after the listing and recent situation of company’s production and operation.
During 2013, Conch Venture recorded turnover of approximately RMB 1,591 million and investment return of approximately 1,723 million from the investment in Conch Holdings, representing increases of 27.3% and 46.5%, respectively. Profit before tax amounted to approximately RMB 2,051 million, representing an increase of 38.3% as compared with the same period of the previous year.
Mr Ji analysed the some financial index such as turnover by business segments, distribution costs, gross profit and gross profit margin, contribution to profit by associates and so on. He highlighted use of proceeds from the initial public offering., performance of energy-saving and environmental-protection industry in 2013 and company’s projects under construction in 2014.
Conch Venture achieved remarkable results in 2013, which obtained the appraise and recognition of investors. Although, they paid much more attention on company’s development in future, they were questioning about signing situation and modes of company’s projects, increase of revenue in 2014 and the development strategy of company in future.
The chairman Guo answered the above questions patiently by analysing current policies of China, tendency of energy-saving and environmental-protection industry and strategy adopted by company.
By the end of the meeting, investors were still lingering around. They communicated with company’s high level to understand the deeper situation of company’s development.
From 1 to 3 April, company held 13 one to one presentation meetings with institutional investors such as Schroders, Nomura Asset Management, Hillhouse Capital Management and JP Morgan.
