The hottest policy catalyzes the long-term improve

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The policy catalyses the long-term improvement of energy-saving glass and the decline of ordinary glass

ordinary glass faces the downside risk of prosperity. Looking ahead at the current time point, the pressure on the supply side is gradually accumulating, while the demand side is difficult to have more expectations due to real estate regulation. The deteriorating supply-demand relationship in the general glass industry next year will have a negative impact on the industry's profits. Generally speaking, we believe that the downward inflection point of the general glass industry is forming

the development trend of energy-saving glass is good for a long time. In the context of economic transformation, the development space of energy-saving glass is gradually opening up. The strong implementation of policies and demand will promote the development of the industry in the medium and long term instead of the slight decline of domestic lithium production in 2017. We continue to be optimistic about the future development momentum of the Low-E glass industry. The compulsory promotion of policies and the benign development momentum of the demand side are the key logic for us to be optimistic about the industry

industry strategy. With the downward risk of the general glass boom gradually increasing, we take a cautious view of the general glass industry. The future changes in the country's real estate policies may bring periodic opportunities for valuation improvement, which we will prompt in time. However, for the deep processing industry downstream of the ordinary glass industry, we are optimistic about the development of the energy-saving glass industry in the future

relative income varieties. It is recommended that CSG, as a leading enterprise in the domestic Low-E glass industry, with its leading strength in R & D and marketing, and with the rapid expansion of production capacity in the next two years, will maximize the high profits brought by the continued prosperity of the industry. In addition, the new energy business of CSG will become an important performance contribution in the future. This material has many advantages - it maintains good chemical corrosion resistance and scratch resistance; Moreover, it has rich color and high surface gloss, which meets the diversified aesthetic needs; 100% recyclable, not only environmentally friendly, but also low comprehensive use cost. Our EPS forecasts for CSG are 0. 588、0。 765 yuan. In addition, as an excellent glass enterprise, Jinjing technology also has the potential to participate in the Low-E glass industry of gaoganfeng lithium industry on a large scale and set up a lithium battery group, which may become the main beneficiary of the development of the Low-E glass industry in the future

however, natural rubber is difficult to increase production. Under the internal economic cycle, China Chengdu Construction Expo in April 2021 talks with you about new opportunities for the industry

in 2020, with the outbreak of the global epidemic and the prevention and control of the domestic epidemic effectively controlled, the global economic pattern has also undergone great changes, and China is moving forward under the strong strategic deployment of national policies [details]

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