The hottest Sunbird plans to invest 7.5 billion to

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Sunbird plans to invest 750million to build a base to break the bottleneck of yacht production capacity

Sunbird plans to invest in building a yacht mass production base to break the bottleneck of production capacity. The company disclosed today that it has recently signed the "project investment contract" and the "supplementary project investment contract" with the administrative committee of Changsha GaoKai District, and plans to invest about 750million yuan in Changsha GaoKai district to build the "Sunbird Lugu Industrial Park" project as a mass production and manufacturing base for yachts, a comprehensive building and a supporting construction of the Yacht Industrial Park

according to the contract, the total land area of the project is about 300 mu, of which the area of phase I is about 200 mu and the area of phase II is about 100 mu. Changsha GaoKai District Management Committee will be responsible for providing the project land that meets the conditions of six supplies and one leveling

Sunbird invested heavily in building a mass production and manufacturing base this time to meet the need to solve the capacity bottleneck in the preparation of 13 national military standards. Sunbird is the first listed yacht manufacturer in China and one of the largest composite yacht manufacturers in China at present. Its main products are special boats, private yachts and business boats. At present, the contradiction between the company's capacity constraints and the rapid growth of the market is becoming prominent

according to the data of Sunbird in the first three quarters of 2011, the company achieved an operating revenue of 225million yuan, an increase of 38.60% year-on-year; The net profit was 28.75 million yuan, an increase of 29.21% year-on-year. Among them, the continuous large orders of special law enforcement boats from the SOA have become the main driving force for the company's revenue growth. In October, 2011, the company won the bid for 27 law enforcement boats after winning the bid for 34 law enforcement boats at the end of 2010, amounting to 216 million yuan

however, the raised investment project of Sunbird IPO is expected to be put into production in the second half of 2012. The company goes to 1 If the test process shows abnormal or the middle beam does not move, the year has begun to alleviate the problem of tight production capacity. In August last year, Sunbird announced that it planned to increase the investment of 100million yuan for its Zhuhai Subsidiary and pratti (Hong Kong) yacht company to expand yacht production capacity and expand Hong Kong market development. It is expected that after the completion of the project, the production capacity of 40 new composite boats will be realized, which is 80% larger than the original production capacity. Sunbird also used mergers and acquisitions to expand production capacity. In September, 2010, the company announced that it planned to invest 82million yuan to wholly acquire Guangzhou Baoda yacht and participate in the high-speed boat business. The latter ranked fifth in the domestic composite boat industry in terms of sales in 2008

Sunbird said that if the Changsha project can be successfully completed and put into operation, especially the construction of mass production lines for yachts, it will greatly improve the efficiency of yacht manufacturing, change the traditional manufacturing mode of yachts, optimize the company's product structure, expand the company's production and operation scale, and improve profitability

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