Jinxi Axle Co., Ltd. is Promoting the Independent Innovation Capability to Enhance the Company's Performance

Resource from: CBCC Likes:3013

May 16,2011

Jinxi Axle Co., Ltd. is the biggest axis manufacturer with the most axle varieties. With the domestic market share of over 1 / 3, it is also the only one company in China which can produce hollow shafts and their price far lower than international price, thus holding a strong international competitiveness. In 2011, Jinxi Axle Co., Ltd. will increase the intensity of the technological innovation system, enhance the independent innovation capability, vigorously develop the new technologies and research the application of the new product. The company will focus on the “The development of the localization of Hollow Shaft for High-Speed EMU (Electric Multiple Units) Project”; “The Development of the Axles for Heavy Truck with the New Materials Project”. The operating income of the company revenue is RMB 430 million in the first quarter, with an increase of 32.2% over the same period of last year. The operating profit is RMB 20 million yuan, with an increase of 358.58% over the same period of last year.

(CBCC)

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