The valuation of Yituo shares is reasonable, and t

The valuation of Yituo shares is reasonable, and the institutions are optimistic about the sustainable development ability. Introduction: on July 16, Yituo tractor Co., Ltd. published the prospectus, which first caused uneven stress on the wedge-shaped mouth slope. From July 17 to 24, Yituo shares conducted an inquiry roadshow in Shanghai, Guangzhou, Shenzhen and Beijing, and a roadshow was held on July 26, On July 27, the company entered the subscription application stage. The issuing price of a shares of the company is 5.4 yuan/share

on July 16, first tractor Co., Ltd. published a letter of intent for offering. From July 17 to 24, Yituo Co., Ltd. conducted an inquiry roadshow in Shanghai, Guangzhou, Shenzhen and Beijing. On July 26, it conducted a roadshow. On July 27, it entered the stage of purchasing 3D printing products directly produced by Shanghai Aluminum Corporation. The issuance price of a shares of the company is 5.4 yuan/share. The earnings per share is calculated by dividing the net profit attributable to the shareholders of the parent company in 2011 before and after deducting the non recurring profit and loss by the total number of shares after this issuance. The price earnings ratio range corresponding to this price range is 14.44 times

Yituo shares was listed on the Hong Kong Stock Exchange in 1997. The return of a shares this time means that China's first agricultural machinery enterprise listed overseas will officially enter the mainland capital market. At present, the technical strength of Yituo represents the highest level in the field of tractors in China. The company continues to develop new tractor products and moves closer to the international top technology. The first 380 HP High-power Tractor in China was launched in October, 2009, marking that the manufacturing capacity of domestic high-power tractors has jumped to a new level; In September, 2010, the "Dongfanghong" power shift High-power Tractor developed by Yituo Co., Ltd. officially went offline. This model is the most advanced tractor in China so far, ending the history of monopoly of power shift high-power tractors by large international agricultural machinery manufacturers. Over the years, Yituo Co., Ltd. has increased its market share in the field of large and medium-sized wheeled tractors year by year, and has always maintained the position of No. 1 in the domestic industry

during the roadshow, the organization received a warm response. At the promotion meeting, many investors gathered various elite questions from the national experimental machine industry to communicate with the company's management, and agreed with the company's future growth and business direction. In this regard, zhaoyanshui, chairman of the company, said that Yituo Co., Ltd. was formerly the first tractor manufacturer known as the "eldest son of the agricultural machinery industry of the Republic". Over the past 50 years, Yituo has produced more than 3million "tractors, making important contributions to China's agricultural mechanization." Dongfanghong "has become the most influential agricultural machinery brand in China. At present, the company has established a diversified development pattern with agricultural equipment as the core and the coordinated development of power machinery and key parts manufacturing, and has become one of the largest, most advanced and most comprehensive agricultural machinery manufacturers in China

according to institutional analysts, the company's products are technologically advanced, with strong reliability and high durability compared with domestic tractors of the same grade. Compared with foreign brands, the after-sales service and price are highly competitive, and we are optimistic about its future development