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(Reporter Zhang Yi) suffered losses in the first quarter, Chairman Liu Yingjian Hanwang Technology said in an interview yesterday, the performance loss is mainly due to the impact of Apple iPad, HW will learn the lessons of the development of excessive, Canada The Great Transformation efforts will soon turn to profit model profit from the contents of the hardware profit. Hanwang Technology on the 18th announcement that it expects first quarter net loss of 40 million -5000 million. Same period last year, net profit of 41,874,500 yuan Hanwang. The current share price had fallen by more than half of Kingship.
profit margins squeezed by the decline in Apple

N800 is a versatile Hanwang e-books, in addition to the Internet can read, some overlapping functions and tablet PCs. Apple iPad then push the second generation to generation product prices,
Hanwang book sales the first quarter of this year, not much change is still more than 20 million units, but the average price has declined significantly, along with shrinking profit margins.
However, Liu Yingjian said that although the short period of time by the margin of loss, but good for the market expansion.
the world's most e-books are used in the production of Taiwan manufacturers PVI E-ink screen, limited supply, resulting in high costs. According to Liu Yingjian revealed that this year with the Japanese manufacturer Sharp Hanwang the joint development of a main high-resolution large-screen high-end market, to cover the low-end e-book market.
It is reported that about Hanwang plans July launch of touch-screen e-book.
from hardware production to content

change in the mode of future earnings, Ying Liu Jian said, hardware subsidies.
Hanwang October last year, there are about 130,000 kinds of books, Ying Liu Jian stated that this year will grow to 300,[link widoczny dla zalogowanych],000 or more, business cooperation, including traditional publishing house, text book, co, and a grand network literature. City Wang is a network filled a gap that the original literature. The cooperation of the two sides has entered a technical evaluation stage, will be open to readers recently. In addition, Liu Yingjian plan the content of Hanwang open to a variety of mobile devices, including mobile phones, laptops and tablet PCs.
■ dialogue

Yingjian: poor performance, I have the responsibility for shareholders

Hanwang chairman said that the current transformation of the loss is a price to pay , next year will be better performance

Hanwang chairman Liu Yingjian interviewed yesterday said that > Reduction of the company executives have a positive impact

Beijing News: Hanwang poor performance, how to face the pressure of investors?
Yingjian: Hanwang stock price fluctuations, especially in the first quarter of poor performance, I am responsible investors. Kingship in buying a stock investors suffered losses, I do feel pressure.
but not what the power of Hanwang direction is also very correct, we are already in a better position than their peers, the future of digital books and periodicals, Hanwang perfect platform for such improvements, which are is an advantage. Transformation of the current loss is a price to pay, this is normal.
Beijing News: the stock holdings of executives had more than Hanwang cash millions of dollars in what do you think?
Yingjian: First, reduction of the entrepreneurial executives actually Hanwang staff is working hard with me the backbone, some of which follow from when I graduate to do handwriting recognition.
Second, cash is the last year, company executives have considered the matter, we were considering selling shares when thawed or not to sell, how much to sell. The final decision was reached: a unified part of the stock holdings.
I think, although it has a negative impact on the stock market, but companies have a more far-reaching positive impact. A high return in order to give you some more enthusiasm.
Slow down the pace of earnings will be pretty much

Beijing News: HW biggest difficulties are? How to deal with and solve?
Yingjian: I have a deep reflection, the management if we do well is that, not so anxious to increase R & D investment, the pace slow down, earnings will be pretty much. So the future I will learn, not too much force, the stakes are not under too large.
Beijing News: For Hanwang shares fell, how to treat?
Yingjian: I think mainly due to decline in performance. Improved performance, stock prices naturally change. Difficulties encountered during the transition period is inevitable, but I firmly believe that HW direction is correct.
Beijing News: Hanwang the transition will be how long?
Yingjian: at least a year now this year, next year will have better performance Hanwang out. Should also be two to three quarters of this year, I was very exciting.
I have a deep reflection, the management if we do well is that,[link widoczny dla zalogowanych], not so anxious to increase R & D investment, the pace slow down, earnings will be pretty much.
reporter Zhang Yi
> Related: Hanwang Technology Transformation: bookstore Yingjian said it would hard to do business Hanwang electronic paper book sales in the first quarter, down into ten executives focused on two Chairman Liu Yingjian Hanwang selling: e-book sales began to rebound after price