“The company will highlight the main business of aluminum materials, achieve scale operation and deep industry development, and realize the transition from traditional aluminum strips to high value-added aluminum deep-processing products. This is the development trend of the industry and is conducive to the overall advantages of the company. An important guarantee for the long-term sustainable development of the company, said Song Hanxin, general manager of Ningbo Fubang (600768), in a recent exchange with investors. Song Hanxin introduced that in September 2001, the company implemented major asset swaps with Ningbo Shuangyuan Co., Ltd. and Ningbo white paperboard factory. Asset restructuring significantly improved the company’s asset quality, effectively adjusted and optimized the company’s industrial structure, and changed the company’s operations. The situation has achieved a strategic transformation of the company from the traditional road freight transportation industry to the metal and materials fields. The company with a loss in its main business and bankruptcy in the same year has transformed itself into a high-quality company with prominent industry operations and standardized operations. After the reorganization was completed, with the full support of Ningbo Fubang Holding Group Co., Ltd., the largest shareholder, the competitiveness of the company's main business gradually increased. In 2004 and 2005, the company underwent enormous pressures in terms of capacity standards, new product development, and quality upgrades. It overcame many unfavorable factors such as raw material price fluctuations, power cuts, blackouts, and macroeconomic controls. The scale of the industry has been expanded and the economic benefits have been significantly improved. Song Hanxin told reporters that the “Special Plan for the Development of Aluminum Industry” and the “Aluminum Industry Development Policy” discussed and adopted in principle by the State Council on September 7, 2005 pointed out that the development of the aluminum industry in China must be actively promoted and eliminated. Lagging high power production capacity, focusing on the development of aluminum alloy, aluminum deep processing products with high technical content and added value, to meet the needs of the national economic development of aluminum product varieties, quality. In 2006, the economic benefits of aluminum processing enterprises will be further restricted by raw materials and energy. The research and development of aluminum alloy plates, high-precision plates, cost savings, and large-scale production and marketing are the effective ways for companies to increase economic efficiency. To this end, Ningbo Fubang will continue to highlight the main business of aluminum materials, achieve scale operation and deep industrial development, and realize the transition from traditional aluminum sheet and strip to high value-added aluminum deep processing products. In terms of production and operation, the company takes the development of high-precision aluminum production systems as the core, increases investment, adjusts and optimizes the company’s product structure, develops and produces new products with high selling prices and marketable products, continuously improves the technical content of the company’s products, and nurtures New profit growth point. In terms of market development, the company took full advantage of land transportation and the geographic location of adjacent ports, product quality and brand reputation, and based on the stability of its strategic customers and existing customers, it adopted an active marketing strategy to develop potential customers and further expand North China. Markets in southern China and other regions also expand the development of export markets. Song Hanxin said that since the beginning of this year, the company has increased the development of new products, and new product development has achieved remarkable results. 3004 lamp aluminum magnesium alloy plate production and sales rose month by month, 8011 anti-theft cover material, PS aluminum substrate has been put into the market in batches, 5052, 6061 alloy plate, mirror panel, etc. have been multi-channel samples for users to try out, and get user recognition Among them, the PS aluminum substrate won the 2006 Ningbo Municipal New Product Award. At present, the sales volume of aluminum alloys has accounted for 40% of the total sales. In recent years, the company’s economic benefits have been ranked among the best in the country. After the completion of the share reform, the company will make full use of the capital market to provide follow-up financial support for the company's implementation of the established long-term development strategy. Through various capital operation methods, the company will introduce projects with good development prospects in the industry, further adjust the product structure, improve the quality of assets, and maintain the And enhance the company's dominant position in the industry. At the same time, it is appropriate to try to participate in the business operations of other businesses across the industry, expand the breadth of business operations, and achieve sustainable development of the company.