reduce the costs of transportation

Yesterday, the asia-pacific shares half months suspended after card, opening, low open stock namely sharply before half hour volume obvious amplifier, capital fled signs significantly. After 10:45, prices lay in drop stop board has no up to 160 million closing still has more than 35 million funds hands, sealed in drop stop.

Asia-pacific shares are hangzhou xiaoshan of an enterprise, the company in August 28 2009 listed. As a domestic automobile brake industry bibcock, company profit steadily, and nearly two years in 2009 85.91% taiwan-based year-on-year growth, by 2010 three quarter net year-on-year growth 30.65%.

For the company of the original plan not publicly additionally-issued matters, some agencies also comparison favors, because the company already established before near supporting subsidiary, such as wuhu asia-pacific, liuzhou chassis, Beijing Asia Pacific and chongqing asia-pacific, endeavor to bind the vehicle accessories, consolidate the leading position of brake field. Faw group is the important customer, but also the asia-pacific earnings producer, set up a "changchun asia-pacific" hoping to consolidate customer resources and positive response customer design requirements, expand supporting varieties and share, While expanding supporting radius, reduce the costs of transportation, essence improve company performance.

Data shows, the fund seems more snubbing the domestic industry bibcock brakes. By the end of 2009, the fund ChiGuShu only 23.73 million shares, less than 1% of tradable proportion. 2010 at the end of the second quarter at the end of the first quarter and were not fund holdings. At the end of the third quarter in 2010, only the social security fund holding 480 million shares, no other icbc fund holdings. Before the company shareholder, personal ten circulation shareholding accounted for seven.