TMB: Wind Power Bearing Market Flourishing & Railway Bearings Recovering
Resource from: CBCC Likes:2906
Mar 16,2010
Output and sales in wind power industry increased continuously.
As the flagship enterprise in domestic wind power bearing industry and one of the largest wind power bearing manufactures, Zhejiang Tianma Bearing Co., Ltd (TMB) is the main bearings provider of the flagship enterprises in domestic wind power turbines industry---Dongfang Turbine Co., Ltd and Goldwind Science & Technology Co., Ltd.
The wind power bearing industry in China has the advantage of starting earlier and super strong competition. The association between wind power bearing business and macro economy is low, which benefits from the national continuous development strategy and the supporting policy to wind power industry.
Wind power bearing industry moved forward continuously and steadily.
The order form of wind power bearing was transformed from one-year order to short term one-quarter order. The manufacturing task of wind power bearings of the company in 2010 is pressing and the capacity utilization is high. It is predicted that the company can manufacture 12,000 sets of wind power bearings (pitch bearings and yaw bearings) in 2010 and the income will be about 900 million RMB.
Wind power bearing gross profit margin is getting steady.
As the domestic wind power bearing manufacturing technology and process getting steady and mature and the production efficiency being improved, the monopolizing position of foreign manufacturers was broken through; in 2009, the price of wind power bearing (pitch bearing and yaw bearing) reduced and the gross profit margin reduced, either, which at present was reduced to 40%; in the first quarter in 2010, it gradually went steady. As the offering relationship and industrial pattern of domestic wind power bearing getting steady, the decreasing range of wind power bearing gross profit margin will be limited and getting steady.
Railway bearings started to recover.
Due to the impact of global financial crisis and the influence of the railway passenger and freight trains renew plan of China Ministry of Railways, the purchase of railway bearings in 2009 dropped rapidly, decreasing 70% in the first half of the year; it recovered in the second half of the year and decreased 50% during the whole year. In 2010, the public bid-inviting for railway freight trains bearing of China Ministry of Railways recovered greatly. It is predicted that it will increase 40% in 2010 compared with that in 2009 and reach 70% as the peak in 2008; the sales income will reach 300 million RMB.
The business of machine tools transited and developed steadily.
After Tianma purchased Qiqihar Heavy Equipment Co., Ltd, it accepted and transformed the operation of the company; the transition period was stable and in order. At present, the production and operation efficiency of Qiqihar Heavy Equipment was being improved stably. The flagship position of horizon lathe business was enhanced. It is predicted that it will complete the sales income of 1.8 billion RMB and contribute greatly to the company’s performance.
(CBCC)
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1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
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