tera power leveling we expect asset injection from the AVIC and helicopter businesses - NZR

The 1th page: Shenzhou Nineth can more or less launched renewed this year aerospace Unit 2nd page: ping an securities: focus on bounce differentiation and dynamic key aerospace 3rd round: 8 stocks investment value analysis: Aerospace information page 4th: 8 stocks investment value analysis: China satellite 5th page: 8 stocks investment value analysis: Aerospace Power 6th page:8 stocks investment value analysis: Aerospace electromechanical 7th: 8 stocks investment value analysis: Aerospace electronic 8th page: 8 stocks investment value analysis: airlines to 9th page: 8 stocks investment value analysis: aerial Seiki in the 10th page: 8 stocks investment value analysis: Aerospace Science and technology editor's Note: the China manned space engineering newsSpokesman announced in Beijing on 17th, Shenzhou Nineth spacecraft will be launched in June this year more or less, and implementation of the temple on the first Shenzhou manned space rendezvous and docking missions, Nineth tera power leveling, achieving astronauts manual rendezvous, fully validated Rendezvous technology. ����The message against the renewed concept of aerospace military industry hype? Goldman Sachs Gao hua: aerospace defense industry merger and acquisition activity appeared to restart the sign; closedAsset consolidation companies: Goldman Sachs Gao Hua securities company limited researchers: Jiang Langting date: 2012-02-07 hafei shares were suspended pending major deals announced hafei shares (subsidiary of aviation science and industry) was announced after the market close on February 6, its shares from February 7 to suspend business pending the announcement of airlines in the Group and parent company"Significant" transactions. ����Progress made in matters related to the notice of February 14. We believe that airlines in science and industry, aircraft power and hafei stake assets consolidation report published by the company on January 17 transition of China: five aerospace defense industry's first rating: pay close attention to defence spending warhammer gold, the rate of return and growth, we note that airlines in science and industry, aircraft power and KazakhstanFly shares by virtue of its strategic positioning in their respective business areas, may become assets in the coming years. ����Hafei shares are concerned, we expect asset injection from the AVIC and helicopter businesses, may include current hafei Group (under the AVIC) and Eurocopter are developing medium-Z-15 (model of Eurocopter EC175). 2011 obstruction of merger and acquisition activity in the second half, but there are signs that 2012 will restart on the Western market, after the deal was announced, as a potential acquisition target of listed companies (rather than the acquirer) stock prices tend to change. But AVIC, potential acquisition targets in the past commonly for non-listed companies within the aviation industry, therefore, the market for itsAcquisition of focus has been to trading profit of thickening and/or bring long-term benefit of the new product line. Aviation industry group of merger and acquisition activity in the second half of 2011 is blocked (see next page), from multiple assets into AVIC deal was canceled, but recently there have been two major developments: aerial takeover, Tianjin aviation was granted in January 2012, hafei shares(AVIC subsidiary) and AVIC will announce "major acquisition projects". Our preferred airlines and air power in the unit we reiterate buy rating on navigation in science and industry, thanks to a Government order (coach and helicopter) and avionics growth will boost its earnings per share of 2012-14 with an average annual compound growth rate of 34%,As well as the strategic orientation of the company as an asset acquirer. In addition eq2 platinum, we reiterate buy rating on aircraft power, thanks to the rapid growth of the company in an advantageous position in the Aero-Engine plate; we expect from AVIC asset injections may restart.