Development planning by promoting the yellow triangle, Binzhou piston (600,960) shares once a strong performance. It is understood that the end of the State Council adopted the "eco-efficient Yellow River Delta Economic Zone Development Plan", the yellow triangle of development and construction of a formal rose to national strategy. My last one to be developed as a large river delta of the Yellow River Delta development will be in the "Eleventh Five-Year" period ushered 1.5 trillion yuan of investment. Dongying Yellow River Delta development will
, Binzhou, Weifang, Laizhou port industry area as the main four. By this concept of promotion of the domestic automobile Engine Industry segments with the Pistons leading enterprise in Binzhou Piston seems enormous prospects. This to Internal combustion engine Piston-driven products company, downstream, including auto, motorcycle, marine, engineering, military and other power machinery in the field. Binzhou Piston's leading product is 30mm to 400mm diameter, high performance piston, annual production capacity of about 30 million. Currently, the company's main profit source for Auto Engine Piston products in the domestic automobile engine piston market with combined market share of around 22% in high-power Diesel engine OEM OE market share of over 60%.
Will benefit from the heavy truck industry's sustained recovery. Binzhou Pistons host supporting heavy truck market share of over 40%, the main supporting manufacturers including FAW Wuxi Diesel Engine Works, FAW Dalian Diesel Engine Works, Shanghai Diesel Corporation, Yuchai Machines Corporation, Dongfeng Chaoyang Diesel Engine Factory, Dongfeng Cummins, Foton and other. First half of 2009, heavy truck industry is lagging behind the recovery, leading to the upper reaches of the engine manufacturers Pin Showed a large decline. Affected by the Pistons in the first half of Binzhou revenues decreased 38.1% year on year. However, since three quarters, heavy truck trailer industry sales pick up, driven Tractor sustained speed, Binzhou Piston's third-quarter revenue growth was -21.27%, a significant improvement over the first half. The company expects first quarter 2010 revenue is expected to realize substantial growth year on year.
Comments The concept of enterprise development can not rely on hype. Despite the recent passed "The Yellow River Delta Economic Zone Development Plan effective eco", but details of implementation and the introduction of the policy will take time, and the ultimate implementation of such a specific company to Binzhou Piston development planning, in the end how much good, and boost profitability role, still have large uncertainties.
It is understood that, due to competition in the market is relatively disordered, the Pistons face the upstream suppliers of raw materials industries and downstream OEM factory, and do not have the price of bargaining power, upstream and downstream of the extrusion limits the industry's overall profitability. However, the relatively high market share Binzhou Piston, and made of a certain size electrolytic aluminum production capacity, its overall gross margin despite a little decrease, the current overall profit remained relatively stable. I am a professional writer from China Toys Suppliers, which contains a great deal of information about buy bmw 3 series , used cars 4 sale, welcome to visit!
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