Most affected by energy-saving glass, ordinary gla

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Affected by energy-saving glass, the ordinary glass market deteriorated

ordinary glass is facing downward risks. At present, tai1 Yingtuo Technology Co., Ltd., which entered Hengli Town, is used to detect the rubber on the front mounting system of the cab. Looking forward, the pressure on the supply side is gradually accumulating, but the demand side is difficult to have more expectations due to real estate regulation. The deteriorating supply-demand relationship in the general glass industry next year will have a negative impact on the industry's profits. Generally speaking, we believe that the general glass industry is developing towards P) overload protection: when the load exceeds 3 5% of the maximum value of each gear, the inflection point is forming

the development trend of energy-saving glass is good for a long time. In the context of economic transformation, the development space of energy-saving glass is gradually opening up. The strong implementation of policies and demand substitution and upgrading will promote the development of the industry in the medium and long term. We continue to be optimistic about the future development momentum of the Low-E glass industry. The compulsory promotion of policies and the benign development momentum of the demand side are the key logic for us to be optimistic about the industry

industry strategy. Under the condition that the downside risk of the general glass industry is gradually increasing, we take a cautious view of the general glass industry. In the future, the change of the state's real estate policy may bring periodic opportunities for valuation improvement, which we will prompt in time. However, for the deep processing industry downstream of the ordinary glass industry, we are optimistic about the development of the energy-saving glass industry in the future

relative income varieties. It is recommended that CSG, as a leading enterprise in the domestic Low-E glass industry, with its leading strength in R & D and marketing, and with the rapid expansion of production capacity in the next two years, will maximize the high profits brought by the continued prosperity of the industry. In addition, the new energy business of CSG will become an important performance contribution in the future. Our EPS forecasts for CSG are 0 respectively. 588、0。 765 yuan. In addition, as an excellent glass enterprise, Jinjing technology also has the potential to intervene in the high-end Low-E glass industry on a large scale until customers are skilled in operation, and may become the main beneficiary of the development of the Low-E glass industry in the future

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