The soybean milk machine industry will enter a period of low growth, and the industry's gross margin will continue to fall, northeast securities said in a research report yesterday.On Saturday, jiuyang, the leading company in soybean milk machine, unexpectedly pulled out of the equity incentive scheme.

Soybean milk machine's market growth in the next two years is not optimistic, soybean milk machine said in a research report yesterday

With more CARDS, more competition in the market, and under the pressure of higher raw material prices and higher labor costs, the industry's gross profit rate will continue to decline in the future.For sun shares, northeast securities pointed out that due to the small home appliance business contribution to its performance is still relatively low, their growth is difficult to make up for the soybean milk maker fared poorly on the company's business performance.

Sun shares announcement released Saturday, cancel the company equity incentive plan in 2011, the main reason is that continue to execute the plan is likely to damage the interests of the listed company, therefore decided to withdraw the plan, when the conditions are ripe to find suitable chance to launch a new equity incentive plan.

According to the equity incentive plan, the company intends to for the price of 7.59 yuan/share, the part of the company directors and senior management personnel and core management backbone, a total of 246 people to 4.26 million shares of restricted stock, accounting for 0.56% of the company's total equity.The specific incentive threshold is that the company's sales growth rate from 2011 to 2013 is no less than 20% compared with the same period last year.

Sun co said, as the water business gradually developed, and the newly introduced a batch of high end complex management, technical and sales backbone, an urgent need to equity incentive, but the original plan does not cover the part of the backbone.At the same time, the company's equity incentive plan announcement, the people's bank of China successively five times to raise the deposit reserve rate, raised lending and deposit rates twice, the company existing incentive object restricted stock purchase costs have risen sharply, risk increase sharply, 2011 restricted the implementation of equity incentive plan for the company bring certain difficulties.