CFGC(SZ:000055)2022-12-06 11:14Market Outlook - The National Development and Reform Commission projects that by 2020, the total length of urban rail transit in China will reach 6,000 kilometers, with 50 cities having rail transit systems [2] - Currently, there are 26 cities with operational rail transit, totaling 3,612 kilometers [3] Business Performance - The company's market share in the screen door business is 30%, making it the largest in the country [3] - The company expects a 30% annual growth rate in screen door orders over the next few years [3] Regional Focus - The company has been active in the screen door market since 2000, with products used in over 20 cities, including Beijing, Shanghai, and Singapore [3] - The company aims to enhance its domestic market share while expanding into international markets [3] Financial Projections - The company anticipates annual rental income of 150 to 200 million yuan starting from 2017, following the completion of the Fangda City project [5] - The company has a total land area of approximately 44,000 square meters for the Fangda City project, with a total construction area of about 330,000 square meters [5] Investment and Projects - The company plans to invest 8 billion yuan in the construction of photovoltaic power stations, focusing on distributed generation [6] - Three fundraising projects with a total installed capacity of 39.3 MWp are expected to be connected to the grid in the second half of the year [4] International Operations - The company uses letters of credit for international projects, resulting in favorable payment conditions [4] - The company is currently in discussions with various institutions regarding subscription intentions for its private placement [4]