China's first-half performance fell 40.41% year-on-year

On August 24, China's largest heavy machinery manufacturer, China First Heavy Machinery Co., Ltd. issued a performance announcement. In the first half of the year, the company realized operating income of 2.969 billion yuan, a year-on-year decrease of 27.19%, and net profit of 300 million yuan, a year-on-year decrease of 40.41%. .

According to the report, according to the product category, the company's metallurgical equipment realized revenue of 710 million yuan in the first half of the year, compared with 2.26 billion yuan in the same period of last year, a year-on-year decrease of 71.76%. The share of metallurgical equipment in the entire company decreased from 55.33% in 2009 to 23.89%. The company's nuclear energy equipment realized revenue of 318 million yuan, an increase of 18 times over the same period last year, and the proportion increased from 0.43% last year to 10.72%.

According to the data, China’s Chongyi Group is undergoing structural adjustments. In the first half of the year, the company’s capital expenditures for fund-raising projects amounted to RMB 2.69 billion, and non-raised funds had a project expenditure of RMB 4.8 billion. They were mostly used for the research, development and production of nuclear power equipment and large-scale castings and forgings.

According to the announcement, according to the reorganization agreement signed between Yizhong Group and the company, Yizhong Group included all its main business and assets related to main business in the company, but as of the end of June, some of the ongoing product export contracts and the corresponding The material import contract has not been changed to the company.

Affected by this, some of the products produced by the company need to be sold externally by one heavy group, and some of the imported materials also need to be purchased by one heavy group. In the first half of the year, the company achieved product sales of 46.22 million yuan through Yizhong Group, and purchased 43.7 million yuan of imported materials and equipment through Yizhong Group.

Slitting Machine , Metal slitting machine is used to cut wide width materials to many narrow width products.slitting machine working , The knife shaft and whole machine are manufactured by our own with high precision. Our machine can work with various special materials, such as bronze, iron, steel, and stainless steel,etc with the best additional value. In addition to our complete models, special specifications are also accepted. the slitting machine working flow as follows Decoiler-leveling-slitting-cut to length-recoiler

Slitting Machine

Slitting Machine,Ultrasonic Slitting Machine,Film Slitting Machine,Cloth Roll Slitting Machine