Henan Zhongzhou Group Co., Ltd Sees Potential Growth

Resource from: Sally-CBCC Likes:2942

Nov 01,2007

Henan Zhongzhou Group Co., Ltd Sees Potential Growth The sales of transmission shaft and steeliness camshaft were reported to surge 115% and 173.8 % respectively year-on-year for the first three quarters of 2007 in Henan Zhongzhou Group Co., Ltd. For the first three quarters, the sales volume of transmission shaft casting and forgings hit 20,000 tons, up 115% year-on-year, accounting for 50% heavy duty market in China. Over 95% of the sales are for the 1st Auto Group, China National Heavy Duty Truck Group Co.,Ltd, Dongfeng Motor Company Limited, Shaanxi Automobile Group, Beijing Automotive Group and other well-known companies. The sale of steeliness camshaft increase 173.8 % year-on-year for the first nine months, According the manager of Manufacturing Dept, the outlook is for continued good volume growth for the fourth quarter of 2007. About Henan Zhongzhou Group Co., Ltd One of the 500 top enterprises of the State Machinery Industry. "Zhongzhou" is the most famed trademark in China. Shaft, thin cylinder liners, single hydraulic prop, ammonia valves are all the first trademark in china. http://www.zzjt.com

(Sally-CBCC)

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