Dongjiang Group (2283) is an injection molding and mold manufacturer. Its subsidiary, Tangjia Land in Shenzhen, obtained permission to increase space for industrial development at the beginning of this year. At the same time, the group continued to expand its current production capacity. Currently, it has leased Hongben Real Estate License production plants in Huizhou, Guangdong, Suzhou, Jiangsu, etc., to avoid the risk of leasing property. In October of last year, the group invested 1.75 million euros in Spanish Model A Factory FISAS NAVARRO to deeply cultivate the Southern European market, closely follow customer needs, and provide local customers with one-stop services such as better pre-sales technology, consulting on sales periods, and after-sales maintenance.

In the first half of 2019, affected by the Sino-US trade war, the group's operating volume reached 1,005 million yuan, a year-on-year decline of 2%, net profit fell 18.7% to 114 million yuan, and gross margin fell 4 percentage points to 27.5%. During the period, the Group's revenue from injection-molded component manufacturing fell 1.6% year-on-year to 675 million yuan, accounting for about 67.2% of the Group's total revenue. Not enough. As China and the US sign first-stage trade talks, trade prospects are expected to improve, which will help the group's orders to stabilize. At the end of June 2019, the Group's total cash and bank balance was $878 million, and the net cash balance was $319 million.

In terms of trend, it fell to 3.3 yuan on February 25, stopped falling back down, and Japanese enterprises stabilized on the 10-day line. The STC%K line continued to rise above the %D line and the MACD bullish gap widened. It is good to wait for the low 3.4 yuan to be absorbed. The rebound resistance was 3.9 yuan, and the holding continued without falling below 3.15 yuan.