The Profit of ZWZ increased 70 % in the First Half of This Year

Resource from: CBCC Likes:2913

Jul 12,2010

In the first half of the year , the production value and sales of ZWZ Group hit a historic high. compared with the same period, the total industrial production value increased 29.8% on a year-on-year basis and the profit increased 73.3%. From the beginning of this year, ZWZ Group seized the chance of the flourish of auto bearings and heavy dutry equipment bearings both in production and sales, achieved specific plan in the company, and shortened 5 days of the production period, and reacted rapidly to the market demand. At the same time, ZWZ Group also aimed at the hign end products demanded urgently in the equipment manufacturing supporting industry, speeded up the procedures of research and development, and broke through the market of Sendzimir bearings, cold rolled bearings and wind power ebarings, etc. and produced a batch of new products rapidly which have large market protential. In the first half of the year, ZWZ Group completed more than 450 kinds of new products,finished the key new product development projects of shield bearing, 3MW spindle bearing, rolling machine rolled bearing and vertical cement grinding bearings, etc.

(CBCC)

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