The cost of raw materials is falling and tire companies are selling poorly but making more money
China's Yicai.com reported that rubber prices have fallen sharply in the past year as the auto market continues to slump, while the performance reports of several listed companies in the tire industry show that despite the decline in the sales of auto tires, corporate profitability is growing. Take Fengshen Stock as an example. From January to September 2012, the company achieved a total operating revenue of 6.977 billion yuan, down 12.4% year on year. Net profit attributable to the parent company reached 227 million yuan, up 5.2% year on year.
Giant shares recently signed 159 million yuan hydraulic vulcanizing machine contract
According to the financial news report of Eastfortune.com, Juolu Corporation recently signed a purchase contract with Hangzhou Zhongce Rubber Co., LTD. 's wholly owned subsidiary Zhongce Jiande hydraulic vulcanizing machine with a total price of 159 million yuan. The contract object is 90 sets of hydraulic tire vulcanizing machine. The contract is expected to recognize revenue in 2013, and the performance of the contract will have a significant impact on the operating results in 2013, the company said.
Shandong first double - mode tire vulcanizing machine industrialization
According to the business news on November 09, a few days ago, Dongying Jintai rubber Machinery Factory undertakes the first "energy-saving intelligent control double-mode tire vulcanization machine" project successfully realized industrialization. The project using the vulcanization fleet control mode based on the technology of network, improve the function of vulcanizing machine control and management, the production process of vulcanization process model was established, vulcanizing machine running fault self diagnosis system is developed and optimized the adjustable die thrust control, improved the tire unloader agencies, tire, robots and other equipment, make its have the function of the protection of precision in the capsule, institutions and implement center Precise control of manipulator.
The price of natural rubber is expected to rise in the international market at the end of this year
Recently, Indonesia's Deputy Minister of Trade Bayu said that the current major rubber producers will work together to control the decline of rubber prices, and strive to stabilize the rubber price by the end of this year. Affected by the weak market demand in the United States and Europe
The company held the 2016 annual review and commendation meeting
On January 21, the company held the 2016 annual review and commendation meeting to commend the advanced units and individuals who have made important contributions in the production and operation in the past year. Chairman Li Dongping made an important report. There were 293 company leaders, advanced collective representatives, model workers, advanced individuals, employee representatives and KM experts attending the commendation conference.