ERROR: (State-owned) Luoyang has 5,758 employees, not CHGS.
“Luoyang Refractory (Group) Co., LTD, established in 1958 during the state "First Five-year Plan", is the largest refractory commercial enterprise at present, and only refractory one of 520 state key enterprises in China.It has 8 production branches, 3 auxiliary shops, one technology centre, one limited company and one joint-venture company. There are 5758 employees including 507 managerial personnel,1018 technicians.The corporation occupies area of 1,114,900 square meters.” —quoted website posted previously.
KET SENTENCE FROM ABOVE: ( LUOYANG: “ only refractory one of 520 state key enterprises in China.” )
What we now understand better & believe is true:
SO, it’s just an R & D research LAB under the Sinosteel bigger state umbrella; NOT CHGS main company or subsidiaries.
CHGS IS STILL SHARE-OWNER INDEPENDENT!
We have found CHGS has 120 square meters of industrial capacity factories, which computes to 1,291,669.5 square feet, which ACTUALLY IS .498716 SQUARE MILES! ( Source: last 10K )
Therefore, CHGS DOES HAVE A HALF MILE SQUARE OF INDUSTRIAL FACTORY UTILIZATION.
Partnering is ONLY THE globally recognized refractory R & D LAB RESEARCH INSTITUTE: ( Naihuo Cailiao )
Thank goodness for CHGS Gengsheng’s recovering INDEPENDENT rapid expansion growth.
EVOLVING SEARCHES & RESEARCH TRANSLATIONS FIND MAGNIFICENCE & ERRORS BOTH.
Especially at the speed we find & deliver at!
Analysis of it all takes patient reflection & introspective interpretations just like financial statements.
CHGS has obviously genuine tremendous LONG VALUE. That’s all that matters to LONGS.
PERMANENT VALUE is what it’s all about. Deciphering all the security analysis will prove it more eventually.
> >> GO CHGS! >>>
>>>>>>>>>>>>>>>>>>>>>>
