Interpretation of the leading fastener industry to develop new strategies Shanxi 100 000 000 - faste

Interpretation of the leading fastener industry to develop new strategies Shanxi 100 000 000 - faste

Global economic slowdown, although the impact of non-rail fasteners Jin billion business, with our speed up infrastructure construction, as the fastener industry leading companies are Jin billion chance to win release of China's future railway tenders, helps to maintain the future be profit growth. We expect the 2009-11 annual compound growth of 46.3%.

Order to avoid the risk of the single market, the company has focused efforts on developing Car Fasteners (potential large market), wind power equipment, fasteners, special fasteners and other high-voltage lines market, but not yet a breakthrough, more than 2008 in all areas Sell Total income less than the 10 million yuan.

Fastener market in China Profile: China is the manufacturing of fasteners and power, but not the manufacturing of fasteners and power, according to customs statistics, in 2007 China's export fasteners 3.25 billion U.S. dollars, 2.7 billion U.S. dollars of imports, but imports and exports reached 8.9 times the price difference. Fastener industry barriers to entry are not high, the country related businesses more than 10,000, but more concentrated in low-end, automotive, infrastructure, aerospace, military, and other fasteners used in the industry to rely on imports from North America and Europe.

Jin billion industrial company is the leading enterprise in the fastener industry, the main types of class Bolt , Nuts, screws, studs shaped high-strength fasteners. Is a typical family business is also listed in the Mainland, the largest Taiwan-funded enterprises, the chairman Caiyong Long is China Taiwan, 1995 in Zhejiang Jiashan Jin billion industry created the current company's business mainly involves two major rail fasteners and automotive fasteners category, a total of 450,000 tons production capacity, the first in the industry.

Jin billion industry's future development will be more dependent on the demand generated by high-speed railway construction, railway construction and a wide range of fasteners used, now able to produce all types of products more than just a Jin billion industry, up to now, the company High Speed Rail has received orders for nine hundred fifty million yuan, has completed two hundred and forty million yuan, the remaining 7.1 billion worth of estimated completion in 09 years, winning orders in the high-iron about 16% in the number of companies, accounting for 20% while the amount of about. Companies from the Ministry of Railways in sales and more confirmed by the end of (this and the Ministry of Railways reported the completion of the railway construction output).

Raw materials, mainly from the steel company's high standard of Xingtai Steel Factory stock, 7000-8000 tons per month, or about the actual amount of 1 / 4 (100% of the original need to import), the company stocking of raw materials is generally 2-3 months, but up to more than 20,000 types of products, commonly used more than 300 varieties, many customers visit your goods immediately signed a contract on-site delivery, so the company needs to maintain year-round, "safety stock" will not be pursued in some sectors the phenomenon of zero inventory.

Company believes that the country "is worth mentioning that" almost no competitors, although some were fastener manufacturers in the technical level, production capacity, distribution channels better than Jin-billion industry with minor, but the overall strength of the above three companies China is still far ahead.

In the company's revenue structure, the mainland accounted for 55% of sales, North America 19%, 25% in Japan and Taiwan combined. The export tax rebate from the state will fasteners from 13% to 5% later had not raised, the main reason is now fasteners analogous to the general steel products, the present fastener industry associations to improve the export tax rebate on the application has been submitted to the Financial Ministry of companies have a more optimistic estimate may be the outcome in March 2009. The company faces Russia, Mexico, the European Union and many other areas of anti-dumping lawsuits, the EU demands to improve products from the tariffs on Chinese imports fasteners 60-80%, the company has been responding to this, but can not predict the outcome of litigation.

POST COMMENT

Things to Look Out For When Purchasing A New Car Stansted Targeted With New Parking Hotels And Lounge Campaign AKMCPA - New York Accountants - Top New York Accounting Firm Previous New Jersey Congressman John Adler Passes Absent at 51 Travel Clinic of New York City For Best Advise on Travel Immunizations BrewDog's Tactical Nuclear Penguin The new medical reform contribute to the eradication area of chronic illness, drug sales - healthcar Places to shop throughout your New Zealand holiday Make Your Skin Clear and Healthy With New Neutrogena Naturals Facial Cleanser Portable Emergency Lighting Playa del Carmen Real Estate; New Governor Promising Opportunity Start off Your Really Private Energy Ingest Business Five Reasons to Buy a New Range Rover Instead of a Used One