Jilin Qifeng Chemical Fiber Company Profile - Aug 13, 2011 by WrightReports

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Jilin Qifeng Chemical Fiber Co., Ltd. is engaged in the production and sales of different types of acrylic fiber products (namely acrylic top, acrylic tow and acrylic staple fiber) and the development, production and sales of carbon fiber products. The Company holds 50% interest in a jointly controlled entity, Jilin Jimont Acrylic Fiber Co., Ltd. (Jimont), which is engaged in manufacturing and sales of acrylic fibers. It operates in two segments: acrylic fiber products and carbon fiber products. Its wholly owned subsidiary is Jilin TanGu Carbon Fiber Co., Ltd., which is engaged in development, manufacturing and sales of carbon fiber products. Orlon top wool is a orlon fiber woven in strip, which is used for produce resemble wool fiber,produce wool yarn used in produce carpet, manifold finery, knitting coat, velour, curtain and/ortapestry. Orlon tow is a hank of orlon fiber in long thread form, which is used to produce resemble wool fiber material,to produce wool yarn.

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									Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Jilin Qifeng Chemical Fiber Co Ltd
                                                                                       440 Wheelers Farms Road
                                                                                       Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in Chinese Renmimbi

                                 Wright Quality Rating:LCNN                                 Key Data

   Jilin Qifeng Chemical Fiber Co., Ltd. is engaged in the production and sales of          Ticker:
   different types of acrylic fiber products (namely acrylic top, acrylic tow and acrylic   00549
   staple fiber) and the development, production and sales of carbon fiber products.
   The Company holds 50% interest in a jointly controlled entity, Jilin Jimont Acrylic      2010 Sales:
   Fiber Co., Ltd. (Jimont), which is engaged in manufacturing and sales of acrylic
                                                                                            1,501,110,000
   fibers. It operates in two segments: acrylic fiber products and carbon fiber products.
   Its wholly owned subsidiary is Jilin TanGu Carbon Fiber Co., Ltd., which is engaged in
   development, manufacturing and sales of carbon fiber products. Orlon top wool is a       Major Industry:
   orlon fiber woven in strip, which is used for produce resemble wool fiber,produce        Chemicals
   wool yarn used in produce carpet, manifold finery, knitting coat, velour, curtain
   and/ortapestry. Orlon tow is a hank of orlon fiber in long thread form, which is used    Sub Industry:
   to produce resemble wool fiber material,to produce wool yarn.                            Miscellaneous Chemicals
                          Stock Chart                                  Officers
                                                                      Chairman              Country:
                                                                     Jinjun Wang            China

                                                               Chief Financial Officer      Currency:
                                                                 Changsheng Wang
                                                                                            Chinese Renmimbi

                                                                     Secretary
                                                                                            Fiscal Year Ends:
                                                                    Cheung Chan
                                                                                            December
                                                                      Secretary
                                                                     Xiangmei Liu           Employees
                                                                                            1,812

                                                                                            Exchanges:
                                                                                            HKG

                                                                                            Share Type:
                                                                                            H Gu
                Stock Price (8/5/2011): 0.60
                 Recent stock performance                                                   Market Capitalization:
                     1 Week       -0.1%                                                     521,785,688
                     4 Weeks      -3.3%
                     13 Weeks     -5.1%                                                     Total Shares
                     52 Weeks    -18.7%                                                     Outstanding:
                                          
								
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