1CorporatePresentationMarch20102ThispresentationmaycontainstatementsregardingthebusinessofChinaHuAnCableHoldingsLtdanditssubsidiaries(the“Group”)thatareofaforwardlookingnatureandarethereforebasedonmanagement’sassumptionsaboutfuturedevelopments.本项内容可能包含有关中国沪安电缆控股有限公司及其子公司(集团)未来战略和未来发展管理的设想。Suchforwardlookingstatementsaretypicallyidentifiedbywordssuchas‘believe’,‘estimate’,‘intend’,‘may’,‘expect’,and‘project’andsimilarexpressionsastheyrelatetotheGroup.Forwardlookingstatementsinvolvecertainrisksanduncertaintiesastheyrelatetofutureevents.Actualresultsmayvarymateriallyfromthosetargeted,expectedorprojectedduetovariousfactors.牵涉到集团未来的设想内容会以“认为”“估计”“意图”“可能”“希望”或“计划”等典型表述加以区分。因其牵涉到将来的事件,该内容将具有一定的风险性及不确定性。考虑到各种因素实际结果可能与目标,预想或计划的内容大相径庭。Potentialrisksanduncertaintiesincludesuchfactorsasgeneraleconomicconditions,foreignexchangefluctuations,interestratecharges,commoditypricefluctuationsandregulatorydevelopments.SuchfactorsthatmayaffecttheGroup’sfuturefinancialresultsaredetailedinourlistingprospectus,listedinthispresentation,orinthemanagementdiscussionandanalysissectionofthecompany’sreportedresultandfilingwiththeSGX.Thereaderand/oraudiolisteneriscautionedtonotundulyrelyontheseforward-lookingstatements.Wedonotundertakeanydutytopublishanyupdateorrevisionofanyforwardlookingstatements.潜在风险和不确定性因素包括例如国际经济环境,外汇波动,利率,物价波动以及监管发展。这些影响集团未来财务业绩的因素将在我们的计划书,报告,管理讨论中由公司研究部门报告并提交给SGX(新加坡证券交易所)。报告读者不应过度依赖计划内容。本公司不能保证出版这些计划的更新或修正内容。CautionaryNoteonForward-LookingStatements免责声明3Content目录InvestmentMerits投资价值BusinessOverview企业概貌FinancialOverview财务状况Prospects远景PeerComparison同行比较InvestmentMerits投资价值5InvestmentMerits投资价值ChinaHuAnprovidesinvestorswithexposuretothegrowingpowerinfrastructureandrenewableenergiessectorinChina中国沪安将公布给投资人中国电力基础设施的以及新能源部门的发展情况。China’srapideconomicgrowthandincreasinginfrastructureinvestmentbythegovernmentwillunderpinrobustdemandfortheGroup’scableandwireproducts中国经济的迅猛发展和中国政府对电力基础设施的大力投资将会极大的推动对集团电缆电线产品的需求。Extensivesalesanddistributionnetworkwithover4,000customersacross24provincesandcitiesinChina拥有广泛的销售网点和销售网络,超过4000家客户横跨中国24个省市。Penetrationintothehigh-endcablesmarketsegmentwillboosttheGroup’sprofitability进入高端电缆市场将极大的促进集团利益增长LowPEcomparedtoChina-listedpeersandotherSGX-listedS-chips*跟中国同类公司以及SGX其它龙筹股相比更低的PE(市盈率)*CIMB-GKResearchBUSINESSOVERVIEW企业概貌7CHINAHUANCABLEisoneoftheTop10CableandWireManufacturersinChina沪安电缆是中国排名前十的电线电缆制造企业ClientelefocusedonChina’sinfrastructure,construction,transportandenergysectors,includingbellwethercompaniese.g.StateGridCorporationofChina;participationinimportantstateprojects客户主要集中于基础设施,工程制造,运输以及能源部门,包括了类似于中国国家电网公司在内的许多行业内龙头企业,参与了许多国内重要的工程Strongbrandrecognitioninmarket,backedbystrongR&D,reliableproductqualityandpossessionofwiderangeofaccreditations较强的市场品牌认知度,以科研技术为支撑,依靠高品质的产品赢得了广泛的信赖。Basedincable/wirehubofChina,Yixing(JiangsuProvince),easyaccesstolargepoolofrawmaterials依托宜兴(中国江苏)电线电缆中心,较易大量储备原材料。Introduction企业介绍8IntegratedBusinessModel整合产业链Asanintegratedcable/wiremanufacturer,ChinaHuAnisabletoachieveconsistentqualitywithlowermanufacturingcostsandhigheroverallmargins作为一家综合的电线电缆生产商,中国沪安能够以更低的成本保持始终如一的质量,获取更大的利润ProductionandsaleofCopperRods铜材料的生产销售ShenhuanCopper申环铜业Productionandsaleofplasticcablematerials塑料电缆原料生产销售ShenhuanManufacturing申环塑业ProductionandsaleofAluminiumRods铝材料的生产销售ShenhuanAluminium申环铝业Productionandsaleofbroadrangeofcablesandwires电线电缆的生产和销售WuxiHuAn无锡沪安Researchanddevelopmentofproducts,materials,designandtechnology进行产品,原料,等技术的研发HuAnResearchCenter沪安研究中心9OperationsModel经营模式10ProductRange产品范围BASIC低端LowtoMid-VoltagePowerCables低压到中压电缆Powergrid,generationplants,factories,largebuildings电网,发电站,工厂,大楼AerialCables架空电缆Insulatedanduninsulated;longdistanceandhigh-voltagepowertransmission绝缘非绝缘;远距离高压传输PlasticInsulatedWires塑料绝缘线Low-voltagepowerdistributionandelectricaldevices低压电气设备ControlCables控制电缆Low-voltagecontrolsystems低压控制系统RubberSheathInsulatedCables橡胶护套绝缘电缆Mining,shipping,movablemachinery矿用,船用,移动,机械SpecialWires&Cables特殊电线电缆Customisedwithspecialcharacteristicsforhighlyspecialisedindustries按客户要求制造专业的特殊电缆MID-RANGE中段HIGH-END高端Ultra-HighVoltageCables超高压电缆TheGroupisdevelopingcapabilitiesinthisarea集团正致力于该领域的开发11ProductionFacilities生产装备Integratedproductionfacilities完整的生产设备Companyhasbeenconsistentlyincreasingproductioncapacityyearly公司不断地扩大产能Possessestechnologyforlarge-dimensionorultra-longproducts掌握大规格和超高压电缆产品技术Alsopossessestechnologyforhighlyspecificcustomisation同时掌握高技术特殊定制规格电缆技术12Output产量FY2006FY2007FY2008FY2009Cable电缆16,820km18,310km23,320km45,792kmWire电线39,727km32,124km55,122km52,135kmCopperRods铜--8,224t4,225tAluminiumRods铝--7,902t5,549tPlasticMaterials塑料--4,314t9,098t13ProjectTrackRecord参与工程14CustomerBase客户范围Widecustomerbaseofover4,000companiesinpowerinfrastructureandotherindustries在电力设备和相关行业拥有超过4000家的客户资源Extensivesalesnetworkacross24provincesandcitiesacrossthePRC,suchasJiangsu,Shanghai,Zhejiang,AnhuiandHubei在全国包括江苏,浙江,安徽,湖北等24个省市拥有广泛的销售网络BetweenFY2006toFY2008,over70%oftotalsalesweregeneratedfromrepeatcustomers2006到2008财年,70%的销售来自于回头客15Inadditiontotheabove,theGrouphasals