Reference: Excerpts from Shandong Drug Glass 07 Annual Report

Prospects for the future development of the company

1. The trend of the industry in which the company is located and the trend of the company's market competition and other related trends and analysis of the company's possible impact

The company's pharmaceutical packaging materials industry belongs to the Chaoyang industry and is in a period of rapid development. At present, the company's leading product, molded bottles, has occupied the first place in sales and quality in China. On the one hand, the company continued to consolidate the domestic market, and on the other hand, it increased its efforts to explore the international market, and the volume of product exports increased year by year.

2. Future company development opportunities and challenges, development strategies, etc., and development plans for each business

(1) The company's future development opportunities:

First, the rapid development of China's pharmaceutical industry, with an annual growth rate of 10% to 20%, is higher than the growth rate of the national economy, creating a relatively broad space for development for the company. Second, the company's products have a certain degree of competitiveness in the international market, and there is ample room for growth.

(2) The company's challenges are:

The company's molded bottle products have firmly held the position of first place in the country. Its biggest challenge is the impact brought by the price increase of chemical raw materials and energy; the second is the development and changes in the international market.

(3) The company's development strategy is:

Based on the pharmaceutical packaging industry, adhere to the scale of production, professional management and standardized management, in the next two years, the company will become the leading product for the production of high-quality pharmaceutical glass bottles and supporting butyl rubber plug, while gradually developing Grade I water-resistant pharmaceutical glass packaging and new drug delivery methods for comprehensive pharmaceutical packaging companies.

(4) The company's development plan is:

Focusing on market demand, focusing on pharmaceutical packaging, relying on technological innovation and product development, giving full play to the company's high-tech advantages, transforming traditional production processes, developing high-tech products, and comprehensively enhancing the company's pharmaceutical packaging industry With its core competitiveness, first-class equipment, first-class technology, first-class products, first-rate management, and first-rate services, the company has achieved steady growth in the scale and profitability of the company and ensured its sustainable development.

(5) The company's business plan for the new year and the strategies and actions to be adopted to achieve the business objectives

In 2008, the company continued to grow its main business and quickly established high-end, light-weight, thin-walled brown medical glass bottles and new biological packaging materials. In 2008, it plans to produce 9.8 billion molded bottles, 1.2 billion brown bottles, and butyl rubber. There were 4.6 billion plugs and planned profit increased by more than 10%.

(1) Take advantage of the company's brand and sales network, actively participate in bidding, strengthen cooperation with international agents, and further expand the market share of products.

(2) Continue to strengthen technological development and innovation, adjust product structure, increase research and development of new products, and reduce the weight of products, increase product technology content, and enhance product competitiveness.

(3) Concentrate technical force, strengthen dispatching, speed up the construction and commissioning of new projects, and increase product sales revenue.

3. Funding needs and use plans for the company's future development strategy, and funding sources

(1) Funds that have been raised; (2) Self-owned funds.

4. All risk factors that have an adverse impact on the company's future development strategy and business objectives and the countermeasures that have been (or are) intended to be taken

Risk factors: (1) The prices of chemical raw materials and energy have risen in different degrees, which has increased the company's product costs and lowered the gross margin; (2) The company’s export products have increased year by year, and the exchange rate changes have brought risks to the company.

Measures to be taken: (1) Further control of the operating costs in the entire production process, efforts to reduce energy consumption, accelerate the development of new products, reduce the weight of products, and reduce product costs. (2) Master the dynamics of exchange rate fluctuations, and sign contracts with foreign companies to increase exchange rate changes.

Meats Injectors and Tumblers

For the meat marinating solution we refer to meat tenderizer, Saline mixer, Saline injector(brine injection systems), vacuum massage tumbler.
Saline injector can evenly inject the brine and salt auxiliary materials into the meat blocks, which can shorten the pickling time and greatly enhance the taste and yield of the meat products. The machine can be adjusted with stepping rate, stepping distance, injecting interval and injection pressure according to the technological requirements. Then the brine and salt auxiliary materials can be injected into the meat evenly and continually to reach the optimal effects.

While vacuum tumbler makes meat rolled in the drum under vacuum condition, similar to pulmonary respiration (make product to inflation and shrink alternatively). It makes meat salted evenly, increases the adhesive quality and taste and ensures the freshness of meat.


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