will strengthen the company's precise connector product development strengths

Company announcement said, to be invested 700.09 billion yuan, to increase capital and equity transfer obtained Jie-Shun, Kunshan precision components limited company 65% equity. This acquisition will significantly ease the capacity bottleneck restricting the rapid development of the company. Jackson-pass is a focus on mobile phone connectors development and manufacturing-scale enterprises, in 2011, sales revenue is estimated to be 130 millionYuan.　　If after completion of the acquisition, company connector over total production capacity of more than 120 million per month, will strengthen the company's precise connector product development strengths, expand market share for the connector. 2012 connectors facing fast-growing major market opportunity. The rapid development of mobile intelligent terminals, both promoted the rapid growth of connectors: firstShipments of smartphones, tablets, ultrabook are growing rapidly, although as the base increases, growth of smartphones, tablets, 2012 may be lower than this year, but the growth will be much higher than the number of this year, for connectors are demand-driven is more strongly than this year; the second, the number of connectors for a single smart terminal and technical workersSkill requirements are much higher than traditional consumer electronics, intelligent Terminal feature-rich, high processing speed, way more and faster transmission speed of signal transmission.　　Company the old republic power leveling, as in the field of intelligent terminal connectors have a strong competitive manufacturers, enormous room for future development. Connectors to connect various subsystems and components of the intelligent Terminal system, connector setMeter manufacturers for the whole system requires a more comprehensive and in-depth understanding of product development in the future a large space, ODM giants such as Hon Hai is a connector cut into the consumer electronics industry chain. Metal structures the same powerful engine is the company's future development. As consumer electronics short light brought about by high requirements on the strength of shell and structure, as well as high-end productsDemand for texture, metal structures, skins, shells and other products in the market space to high growth, tablet computers, smartphones, ultrabook intelligent terminals such as penetration rate will improve.　　Company, precision mold, process equipment, and so on basis of their ability to quickly enhance the productivity of metal structures. We predict that company 2011-2013 revenue is 770 million, $ 1.17 billion, respectively, current equity diluted EPS $ 0.97, 1.51, 2.2, corresponding PE for 39.8 times times swtor power leveling, 25.7 times times, three times, maintain outperform rating. Risk disclosure. Price hike in raw materials like copper, stainless steel, plastic, new product developmentThan expected. (Specific content please see annex)