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August 20 from China Bearing Industry Association was informed that, due to the lack of many domestic industry supporting the needs of the host, the bearing industry in the first half of the profit growth is slowing down, inventory levels increased significantly. The industry believes that improved industry profitability in the second half of the year has been enhanced due to the strength of the backbone enterprises expected. The data show that from January to June, China's High Speed Bearings industry achieved a total profit of 14.5 billion yuan, a decrease of 41.87% compared to the same period last year, while the amount of bearing stock increased from $ 47.0 billion in the same period last year to 52.3 billion yuan, an increase of 11.30%. The monthly newsletter of the production and operation of the major producers of the bearing industry, the first half of this year, China's Ball Miniature Bearings industry, 104 enterprises involved in statistical Total production bearing 2.11 billion, a year-on-year growth of 4.76%; sales of 19.5 million units, down 2.89%. Although production growth, but output has appeared to decline. The first half of total industrial output value of 28.31 billion yuan, down 6.97%. The industry believes that, despite a marked decline in profit growth in the first half of the year but the data in line with the management expects. Association, who expects the Miniature RC Bearings industry, the main business income in 2012 will reach 158 billion yuan, an increase of about 11%, bearing production will reach about 21 billion units, an increase of about 16%.
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High Speed Bearings, Ball Miniature Bearings, Miniature RC Bearings,
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