齐鲁证券换帅，原所长龚云华被调机构业务部

Qilu securities for handsome，GongYunHua original manager with the organization department

　　“龚云华三个月前就已经不担任所长了。”齐鲁证券一位内部人士向理财周报记者透露。据了解，龚云华现担任机构业务部的总经理，新任所长是原副所长周涛。

“GongYunHua three months ago has not served as director。”Qilu securities a source to finance a weekly newspaper reporter revealed。According to understand，GongYunHua now as the general manager of the sales department agency，The new director is deputy director of the original 35:1142。

　　从业绩看，齐鲁证券2011年净利润4.4亿，在109家券商中排名第21位，实力居行业前20%，亦超过先其上市的方正、西部及国海证券(000750,股吧)。

Look from the performance，Qilu securities in 2011 net profit 440 million，109 rank in a 21 brokers，Strength in the top 20% of the industry，Also the founder of the listed more than first、The west and the GuoHai securities(000750,Shares it)。

　　2010年，齐鲁证券从国金证券(600109,股吧)重金挖来能源行业首席分析师龚云华。彼时，龚云华一共带了10余人加盟齐鲁证券，龚云华本人任齐鲁证券研究所所长。龚云华曾多次上榜新财富，被称为金牌分析师。而继任者周涛亦从国金证券过来。

2010 years，Qilu securities from countries gold securities(600109,Shares it)To dig out the energy industry's chief analysts GongYunHua。Back then，GongYunHua with the total more than 10 join qilu securities，GongYunHua I let qilu, director of securities。GongYunHua has repeatedly made new wealth，Known as the gold medal analysts。And also from countries successor 35:1142 gold securities to come over。

　

　东兴证券赵辰“买入”齐翔腾达 Following securities ZhaoChen“buy”JiXiang tengda

　　赵辰7月10日发布《丁二烯价格上涨带动公司业绩增长》报告，认为公司采用了国内首创的丁烯氧化脱氢法，以液化气为原料制备丁二烯。摆脱了乙烯对丁二烯产能的束缚，依靠创新型的工艺，预期有望最大限度受益于丁二烯产能短缺带来的高景气周期。预计公司2012-2014年每股收益分别为0.68、1.15、1.25元。

ZhaoChen released July 10,《Butadiene prices driving performance of the company growth》report，Think the company adopted the first national action oxidation dehydrogenation，Liquefied petroleum gas (LPG) as raw material preparation to butadiene。From the bondage of butadiene ethylene production capacity，Rely on innovative technology，Expectations are expected to benefit from the maximum capacity of the shortage of butadiene bring high boom cycle。The company is expected to 2012-2014 earnings per share were 0.68、1.15、1.25 yuan。

　　评价参照：上周公布3份报告。华创证券高利给予“推荐”评级。海通证券(600837,股吧)邓勇给予“增持”评级。

Evaluation with reference to：3 report released last week。China securities and Gregory to give“recommend”rating。Haitong securities(600837,Shares it)DengYong give“increasing”rating。

　

　东兴王玉泉“推荐”美菱电器 WangYuQuan following“recommend”Beauty rhombohedrons electric

　　最新价4.34元 The latest price of 4.34 yuan

　　王玉泉7月9日发布《凤凰行动，规模、盈利双提升》报告，认为在长虹入主之后，公司增加了空调品类，进一步做大做强白电产业。公司当前的目标是实现规模和盈利的双提升。预计公司2012年、2013年EPS分别为0.18元、0.21元。

WangYuQuan released on July 9《Phoenix action，scale、Profits double ascension》report，Think in pre-seasons since long rainbow，The company increased air conditioning category，Further develop and expand white electricity industry。The company's current goal is to realize the scale and profit double ascension。Expect the company in 2012、2013 EPS 0.18 yuan respectively、0.21 yuan。

　　评价参照：上周公布2份报告。民生证券刘静给予“谨慎推荐”评级。目标价6元。

Evaluation with reference to：Two reports released last week。LiuJing securities to people's livelihood“Cautious recommend”rating。Target price of $6。

　

　方正证券(601901,股吧)周伟“买入”世荣兆业 Founder securities(601901,Shares it)ZhouWei“buy”The RongZhaoYe

　　最新价9.3元 The latest price of 9.3 yuan

　　周伟7月10日发布《土地储备被低估，珠海发展催生机会》报告，认为公司目前拥有280万平米的权益建筑面积可供结算。据公开资料测算，该地块土地增值空间达到50亿元，而公司当前市值不足40亿元，公司资产被低估。预测公司2012-2014年EPS分别为0.20元、0.25元、0.28元。

ZhouWei released July 10,《Land reserve was undervalued，Zhuhai development expedites the opportunity》report，Think the company now has 280 square meters of construction area of rights for settlement。According to public material estimates，This plot of land value increment space to 5 billion yuan，The current market value and the company below 4 billion yuan，The company assets be underestimated。The company's 2012-2014 forecast EPS 0.20 yuan respectively、0.25 yuan、0.28 yuan。

　　评价参照：上周仅有该份报告。

Evaluation with reference to：Only last week the report。

　

　东海应晓明“增持”华光股份 East China sea XiaoMing should be“increasing”Uh guano shares

　　最新价12.03元 The latest price of 12.03 yuan

　　应晓明7月11日发布《锅炉业务稳扎稳打，环保业务有声有色》报告，认为脱硝业务是近期最耀眼的业绩增长点。如果现有火电机组在2014.7.1大限前完成改造，则今年下半年将迎来改造高峰。从长期看，即将注入的工程公司将成为公司进军电站脱硫脱硝、工业水处理、城市污水处理等领域的重要平台。预计公司2012-2014年分别实现EPS0.61、0.74、0.88元。

XiaoMing should be released on July 11《Boiler slow and steady business，Environmental protection business sound and color》report，Think denitration business is the most dazzling performance of recent growth。If the existing in thermal power unit 2014.7.1 finished before dying transformation，The second half of this year will have transformation peak。In the long run，Will the engineering company will be injected into the power station desulfurization denitration、Industrial water treatment、The urban sewage treatment and other areas of important platform。The company is expected to 2012-2014 EPS0.61 realized respectively、0.74、0.88 yuan。

　　评价参照：上周仅有该份报告。

Evaluation with reference to：Only last week the report。

　　

中信建设黄付生“买入”唐人神 Citic construction FuSheng yellow“buy”Dynasty god

　　最新价17.05元 The latest price of 17.05 yuan

　　目标价17.5元 Target price of 17.5 yuan

　　黄付生7月9日发布《饲料、种猪齐头并进推动高增长》报告，认为公司新增产能今年将陆续进入全面投产期，产销量将进一步增长。公司种猪业务现在处于全国布局推广

Yellow FuSheng released on July 9《feed、Breeding has gone hand in hand to promote high growth》report，Think the company further new capacity this year will enter into comprehensive period，Production and sales will further growth。The company is in the national audubon business now layout promotion

　　期，预计公司2012年-2014年种猪的销售量将达到2.5万头、4万头、6万头，毛利将维持高位。预计公司2012-2014年EPS为：0.66元、0.9元、1.17元。

period，Expect the company in 2012-2014 the audubon sales will reach 25000 head、40000 head、60000 head，Maori will remain high。The company is expected to 2012-2014 EPS to：0.66 yuan、0.9 yuan、1.17 yuan。

　　评价参照：上周仅有该份报告。

Evaluation with reference to：Only last week the report。

　　

银河证券董俊峰“推荐”五粮液 DongJunFeng galaxy securities“recommend”Wu liang ye

　　最新价38.38元 The latest price of 38.38 yuan

　　董俊峰7月9日发布《未来权利格局有望稳定，保障业绩确定性增长》报告，认为如果未来权力格局如能够稳定，公司经营面有望更为润滑协调，更有助于从实业角度支持市场一致预期的2012和2013年业绩实现。调高对2012、2013年EPS预测值，分别为2.46和3.45元，同比增长51.5%和40%。

DongJunFeng released on July 9《Future rights pattern is expected to stability，Guarantee deterministic growth performance》report，Think if future power structure such as to stability，Business is expected to face more lubrication coordination，The more help from industrial support market expectations of consistent Angle 2012 and 2013 earnings come true。The high of 2012、2013 EPS predictive value，Were 2.46 and 3.45 yuan，Year-on-year growth of 51.5% and 40%。

　　评价参照：上周公布18份报告。主要研究公司近期的股权转划公告。

Evaluation with reference to：18 report released last week。The main research company recently turned the equity of stroke a public announcement。

　

　瑞银证券季序我“买入”瑞康医药 Ubs securities season sequence I“buy”Rui kang pharmaceutical

　　最新价32.9元 The latest price of 32.9 yuan

　　目标价37.8元 Target price of 37.8 yuan

　　季序我7月12日发布《业务高速拓展，全年增长有望超预期》报告，认为公司业务高速拓展，高端医院配送品种数量、质量（单品配送规模或盈利性）有所提升，基层市场如期扩张，估计全年利润增速有望超出我们之前32%的预期。上调2012至2014年EPS预测至1.26、1.66、1.99元。

Season sequence I released on July 12《Business rapid expansion，Annual growth is expected to exceed expectations》report，Think the company rapid expansion，High-end hospital distribution number of varieties、quality（Single product distribution scale or profitability）increase，On the market expansion，Estimated annual profit growth is expected to exceed before we forecast of 32%。Raised 2012 to 2014 forecast EPS to 1.26、1.66、1.99 yuan。

　　评价参照：上周仅有该份报告。

Evaluation with reference to：Only last week the report。

　　

宏源证券邓海清“买入”方兴科技 Hongyuan securities DengHaiQing“buy”FangXing science and technology

　　最新价22.15元 The latest price of 22.15 yuan

　　邓海清7月9日发布《定增方案通过，预计上半年业绩大幅增长》报告，认为公司通过一系列资产重组，果断舍弃亏损的浮法玻璃业务，集中电熔锆等新材料和ITO玻璃产业链。预计公司上半年营业收入4.03亿元，综合毛利率为22.02%，EPS为0.5元/股，较去年同期增长66.7%。预计2012、2013年公司EPS分别为1.03和1.49元。

DengHaiQing released on July 9《The scheme will pass，The first half performance is expected to increase》report，Think the company through a series of assets reorganization，Decisive loss of float glass business away，Concentrated fused zirconium and other new materials and ITO glass industrial chain。Expect the company business income is 403 million yuan in the first half，Comprehensive gross margin of 22.02%，EPS of $0.5 per share，Growth of 66.7% compared to the same period last year。The estimated 2012、In 2013 the company EPS were 1.03 and 1.49 yuan。

　　评价参照：上周公布两份报告。另一份国泰君安韩其成“增持”方兴科技(600552,股吧)，给予目标价28元。

Evaluation with reference to：Two reports released last week。Another hand to Korea cathay approve“increasing”FangXing science and technology(600552,Shares it)，Give target price to $28。

　

　中投冷星星“强推”华谊兄弟 Cold stars has“Than pushing”huayi

　　最新价15.33元 The latest price of 15.33 yuan

　　目标价19.50元 Target price of 19.50 yuan

　　创造多部精品的公司具备独到的选片眼光和制片能力，将能持续创造撬动高收入的作品，同时公司积极延伸产业链布局新媒体将提升其持续盈利能力。维持预测公司2012-2014年EPS为0.51、0.74和0.95元。

Create a number of high-quality goods of the company has the unique TAB vision and production capacity，Will can continue to create move high income of the works，At the same time the company actively extensions industry chain layout new media will improve their ability to be consistently profitable。Maintain prediction company 2012-2014 EPS to 0.51、0.74 and 0.95 yuan。

　　评价参照：上周公布两份报告。另一份国泰君安高辉“增持”华谊兄弟(300027,股吧)，给予目标价22元。目标价位为33.60元-36.00元。

Evaluation with reference to：Two reports released last week。Another hand to cathay Pacific airways micromixer mixing effect“increasing”huayi(300027,Shares it)，Give target price to $22。Target price for $33.60 to $36.00。

　　

国金毛峥嵘“买入”中国国旅 Countries gross eventful“buy”CITS

　　最新价30.27元 The latest price of 30.27 yuan

　　目标价33.60元-36.00元 Target price of $33.60 to $36.00

　　毛峥嵘7月10日发布《连续上涨受益业绩快速增长及政策调整预期》报告，认为当前执行的海南离岛免税政策仅是试行方案，无论是对比日韩离岛免税地区的政策力度，还是目前执行过程中遇到的诸多限制，政策的后续调整是必然的。

MaoZhengRong released July 10,《Rise continuously rapid growth and benefit performance policy adjustment expectations》report，Think of the currently executing hainan islands exemption policy is only trial implementation plan，Whether contrast, Japan and South Korea policy efforts in isolated islands duty-free，Or now encountered in the process of implementation of restrictions，The subsequent policy adjustment is inevitable。

　　评价参照：上周公布4份报告。

Evaluation with reference to：4 report released last week。

　　平安证券邵青1月5日“强烈推荐”长信科技(300088,股吧)目标价17元，最新价19.79元（定点后复权），高于目标价16.4%。

Peace ShaoQing securities, jan. 5“Strongly recommend”Long letter science and technology(300088,Shares it)Target price of $17，The latest price of 19.79 yuan（Designated answer authority after），Target price higher than 16.4%。

　　广发证券(000776,股吧)沈爱卿1月7日“持有”格力地产(600185,股吧)目标价6.5元，最新价5.7元，低于目标价12.3%。

Wide hair negotiable securities(000776,Shares it)ShenAiQing 1 July“hold”Gree real estate(600185,Shares it)Target price of 6.5 yuan，The latest price of 5.7 yuan，Target price lower than 12.3%。

　　华创证券高利1月10日“推荐”益生股份(002458,股吧)目标价24.95元，最新价31.74元（定点后复权），高于目标价27.2%。

China securities and Gregory January 10,“recommend”Probiotic shares(002458,Shares it)Target price of 24.95 yuan，The latest price of 31.74 yuan（Designated answer authority after），Target price higher than 27.2%。

　　光大证券(601788,股吧)姜浩1月3日“增持”索菲亚(002572,股吧)目标价42元，最新价40.54元（定点后复权），低于目标价3.5%。

Everbright securities(601788,Shares it)JiangHao on January 3,“increasing”Sophia(002572,Shares it)Target price to $42，The latest price of 40.54 yuan（Designated answer authority after），Target price lower than 3.5%。