> According to Reuters, Ningbo, China the Shenzhen Stock Exchange announcement yesterday evening, said in Ningbo, Songs from the first video technology found on the prospectus, Ningbo music song video high technology companies are highly dependent on exports cause for concern, according to Ningbo Songs Video Technology The first prospectus, Ningbo Songs video technology shares to be issued 20 million shares post-IPO share capital of 80 million, to be in the Shenzhen Stock Exchange listed company is specialized in flat-panel TV stand, pc display stand, commercial and other professional information display stand display various types of flat panel display devices such as stents stent application product development, production, sales Ningbo Songs said the company has import and export self-the right to export VAT export tax rebate policy in 2008, 2009, 2010 and 2011 in the first half, the company affect the amount of export tax rebates were 8.2363 million yuan, 11,997,400 yuan, 20,509,000 yuan and 8.8652 million yuan, accounting for the proportion of current operating margins are 21.78%, 23.57%, 25.21% and 21.10% Ningbo Songs large extent dependent on the profitability of export tax rebates, export tax rebate rate hovering at about half of net profit: 2008, 2009, 2010 and first half of 2011, Ningbo Songs of the net profit of 15.22 million yuan, 24.28 million yuan, 2929 million and 19.61 million yuan; total amount of net profit during the export tax rebate rates were 54%, 49%, 70%, 45% Ningbo Evening News correspondent Peng Ying>