Measures of “domestic demand expansion, structure adjustment and growth maintenance” have initially come into effect. According to latest statistics of National Bureau of Statistics, China’s macro-economy tends to be steady. Although added value of industrial enterprises is still at the low position, partial indicators have rallied already.
As the industry is entering into the prosperous phase now, performance in 2H2009 is still worthy of attention. We do not give rating to the counter for the moment, and suggest investors paying attention to portfolios of Zhejiang Tianma Bearing (002122) and Weihai Huadong Automation (002248).