 2014-02-04 |
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By Wu Bing-Kai, Economic Daily
Industry Analysis: YC (4306) is a downstream player in the domestic plastic industry, with major products including films, tapes, and packaging materials. Its production bases are located in Taiwan's Changhua, mainland China, and Vietnam. The company also invests in ACHEM Construction and ACHEM Chemical, which are additional sources of profit.
Reasons for Optimism: This year, YC is making its debut in the upstream petrochemical raw materials sector. Additionally, its subsidiary ACHEM is set to launch a polyethylene (PE) coating production line in March, and Xinzhou Global has taken over the packaging materials business. Analysts estimate that the company's revenue for the year could see a growth rate of up to 30%. |
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