The Output Value of Sitong Bearing Co., Ltd Exceeded 600 Million Yuan from January to September---Achieved Sales Blooming
Resource from: CBCC Likes:2894
Oct 18,2010
Starting from this year, Sitong Bearing Co., Ltd has sped up the pace of product structure adjustment, accelerated product upgrading & replacement, and gradually reduced the proportion of low-cost, low-benefit products through the technological innovation & differentiation strategy. The output value of Sitong Bearing Co., Ltd exceeded 600 million yuan from January to September, increased by 79% compared with the same period of last year, which achieved the sales blooming.
With the rapid development of automotive industry this year, the development of bearing industry also has a broad market. Sitong Bearing Co., Ltd seized this favorable opportunity, totally invested 7.5 million yuan in the implementation of technological transformation projects, meanwhile the company timely adjusted the product structure with the changes of the market, consequently to find a new profit growth point for the enterprise development.
The office director of Sitong Bearing Co., Ltd Hu Xionggang said : This year, the company increased the technological investment according to the market requirments, gradually eliminated a number of universal bearings with low-added value & low-accuracy, especially for the automotive wheel hub bearings & outer spherical bearings which were newly developed this year. Up to now, these two projects have been already put into operation.
After the new products were put into the market, the company has established the sales network in many provinces and cities of China, and also expanded the sales market of the products. There were large product orders, and the company is in the full-load operation until this November. In addition, the company actively took enegy-saving, consumption-reducing and other measures by the technological innovation, technological transformation & upgrading, staff training etc. in order to further reduce the production cost, meanwhile to make the company maintain a steady growth momentum.
At last, Hu Xionggang concluded : According to the recent development situation, it is estimated that the output value of Sitong Bearing Co., Ltd will reach 900 million yuan. In the next stage, the company will pay close attention to the implementation of technological transformation projects on the construction machinery bearings so as to further enhance the added-value of the products.
(CBCC)
【CBCC News Statement】
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.
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.
Previous Beiman Special Steel Company of Dongbei Special Steel Corp. Passed SKF Quality System Audit
Next Jiashan County Developed Oilless Sliding Bearings to Create Precision Machinery Industry (pic)
Next Jiashan County Developed Oilless Sliding Bearings to Create Precision Machinery Industry (pic)
BRIEF INTRODUCTION
Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.
Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.
China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.
