Zhongzhi shares (600038): Zhi 20 puts new wings on Zhongzhi shares

18 May by admin

Zhongzhi shares (600038): Zhi 20 puts new wings on Zhongzhi shares

Zhongzhi shares (600038): Zhi 20 puts new wings on Zhongzhi shares

Summary of the report: On October 1, 2019, the parade-style straight 20 helicopter debuted at the military field; in the subsequent Tianjin Air Show, the straight 20 was unveiled at close range, and many technical details were displayed in detail.

As the most advanced general-purpose drone of the first grade, the appearance and service of the Straight 20 is of great significance.

We will sort out the technical characteristics 合肥夜网 of the straight 20 and simply measure its demand and market space.

Straight 20 will solve many pain points in the field of hypertension helicopters in developing countries.

In the above, in the 1980s, 24 American Black Hawk helicopters were introduced. Although they are still important aviation equipment in the plateau area there, through the problem of intensified equipment and surge in demand, a helicopter that can replace the Black Hawk is gradually urgently needed.The emergence of the “Zero 20” will solve this problem very well; the service of the Zhi 20 will make up for the gap between the Zhi 9 being too light and the Zhi 8 too heavy. This 10-ton helicopter is very suitable for being mounted on destroyer, carrier and other maritime combat platforms.

Its strong adaptability and platform positioning will push the overall 北京养生会所 combat level to a higher level.

A variety of advanced technology blessings, perfect interpretation of blue is better than blue.

From the appearance, the straight 20 looks like a black hawk, but looking at the straight 20 is far better than the black hawk.

Features of the Straight 20 include low-resistance aerodynamic shape, low-position rear fully-moving flat tail, high-efficiency rotor, tilting tail rotor, modern telex flight control system, basic self-defense system, rotor anti-icing system and so on.

The Zhi-20 uses an all-glass cockpit, eliminating pointer instruments. The internal cockpit is composed of 5 multi-function LCD displays, and there are input buttons around the pilot. The pilot can easily and quickly get relevant information and good ergonomics.It is necessary to increase equipment and expand the use of helicopters, thereby further improving helicopter combat effectiveness.

Investment advice: do we predict the company in 2019?
In 2021, the company’s revenue will be 15.7 billion, 19.6 billion and 24.8 billion, and its net profit will be 6.

100 million, 7.

800 million and 10.

400 million, the EPS is 1.

03 yuan, 1.

32 yuan, 1.

76 yuan, corresponding PE is 43X, 34X, 25X.

Maintain the “Highly Recommended” rating.

Risk Warning: The progress of capacity expansion is less than expected.