The company's recent soybean product line continues to maintain a high boom, and the control of soybean resources is also increasing. After re-field investigation, the author knows that the production line of its headquarters in Harbin is still at full load, and the formal production date of whey protein may be earlier than that in June. The company also plans to push its surplus soybeans to the trading market in order to share the benefits of the soybean bull market. It is expected that a total of 400000 tons will be obtained in 2007-08, equivalent to more than 30 per cent of Heilongjiang.
The trend of long-term capital operation of the major shareholder "Xinhu Holdings" may affect the company's industrial positioning. The New Lake Department is mainly engaged in real estate, and it is also controlled by two listed companies, namely New Lake Entrepreneurship and Zhongbao shares. For Hartech, which still has real estate business, there are still variables in the positioning of the industrial layout between the three companies in the future. But what is certain is that the company will not lose its promising soybean business for a long time.
Keep the established performance expectations unchanged, and the recent super-rise in stock prices should be handled with caution. In view of the fact that the stock price has risen by 34% since the previous field survey, it has met and exceeded the author's expectations. In order to avoid the market oscillation and the risk of cashing in ahead of the growth risk, temporarily adjust the rating to "outperform the market", the operation of the short and medium term should be cautious.