"The company is now busy and the workers work overtime, but they still can't meet the market demand. Based on this, the company is buying a large number of equipment, and recruiting 6 college students, to prepare to increase production capacity by 20%." Wang Lin, chairman of the valve core plant, told reporters excitedly. He said that due to the continued implementation of automobile preferential policies, many domestic industry companies including them are optimistic about the valve core market sales next year.
It is understood that in 2008 China's total sales revenue of valve cores reached 3.1 billion yuan, and the output of valve cores has reached 75% of the total number of valve cores in the world. 3/4 of the world’s cars are using Chinese-made valves. core. After the outbreak of the financial crisis, especially after the fourth quarter of 2008, the sales of domestic valve cores deteriorated drastically, and the operating rate of most companies fell below 50%. Among the 12 companies, sales revenues of 4 companies, including Hangzhou Wanmengmen Mouth Co., Ltd., Jiangyin Bol Auto Parts Industry Co., Ltd., Zhongda Co., Ltd. Gongzhuling Valve Core Factory, and Ningbo Ouya Daocheng Auto Parts Industry Co., Ltd., etc. In addition to the increase, sales revenues of four companies have dropped significantly, while the other four have remained basically unchanged. The economic benefits of almost all enterprises have declined, and the decline rate is mostly above 50%, which is the first negative growth in economic efficiency in recent years.
In February 2009, the sales of valve core products changed to a greater extent than in the second half of last year. Zhongda Co., Ltd. Gongzhuling Valve Core Factory, a number of tire factory has increased orders to the company, the company's production and sales have reached the best level in history. Jiangyin Bor Auto Parts Industrial Co., Ltd. is the constant trade orders, the products are exported to more than 50 countries and regions.
Since the second half of 2009, the domestic valve core market has rapidly recovered, economic returns have improved, and foreign exchange earnings have gradually returned to normal levels. Enterprises in the entire industry are now enjoying a welcome situation of working overtime, increasing investment in technological transformation, and expanding production capacity. It is predicted that China's valve core production will maintain a double-digit growth this year, and the sales situation will continue to be optimistic next year.
According to Li Jian, Chairman of Gaomi City Tongchuang Auto Parts Co., Ltd., the company relocated this year and its production capacity has increased significantly compared with last year, but it still has a certain gap with market demand. The company is ready to reuse some old equipment and further expand its production capacity to meet market demand.
Zhao Ming, chairman of Jiangyin Bor Auto Parts Industry Co., Ltd., has been optimistic about the valve core industry. When the market was sluggish at the beginning of the year, not only did they not reduce production, they instead took the opportunity to carry out technological transformation. Since the beginning of this year, it has invested nearly 5 million yuan, and on the basis of reducing the use of 30%, the production capacity has increased by 20%. In particular, the company's various production lines have been operating at full capacity in the last two months. It is estimated that production will increase by 15% to 20% over the previous year. As the company pays attention to brand cultivation, the product price is relatively high, and the price of main raw material copper is relatively low, making the company's current benefits very good.
According to Zhang Jianer, chairman of Hangzhou Wanxun Door Co., Ltd., the main reason for the rapid improvement in China's valve core industry in the second half of the year is the large-scale investment of the Chinese government. The government's "Adjustment and Revitalization Plan for the Automotive Industry" has stimulated people's purchases of automobiles, and thus has driven the demand for valve cores. At present, the domestic demand for valve core has reached a historical peak, and exports have also rapidly rebounded.
The valve of Shanghai Baolong Automotive Technology Co., Ltd. is mainly sold to North America. The company's general manager, Wang Shengquan, said that due to the implementation of the old car replacement car program in the United States this year, North American car sales have been activated and the demand for valve cores has increased. China is the main supplier of valve cores in North America, and the export of natural valve cores gradually picks up. In recent months, the company’s export volume has increased by more than 30% year-on-year. The company continues to be optimistic about exports next year, which is estimated to have a certain increase from this year. However, due to the end of the US automobile stimulus program and the promotion of the Tyre Pressure Monitoring System (TPMS), it is predicted that the growth rate of exports will not be too large next year.
Wang Lin, deputy director of the valve core professional committee, recently visited the Jiangsu and Zhejiang area and inspected the production of the valve core enterprise. He felt that the current situation was completely different from the beginning of the year. He said that valve core companies now generally have a gratifying situation in which machinery roars, workers work overtime, and the boss is radiant. After the company has funds, it will pay more attention to technological transformation, will further increase production capacity and product quality, adjust product structure, and make the company develop in a healthy direction. In particular, the recent decision by the state to continue the implementation of preferential policies for automobiles has actually benefited the valve core companies. It is expected that a bumper year will come next year.
It is understood that in 2008 China's total sales revenue of valve cores reached 3.1 billion yuan, and the output of valve cores has reached 75% of the total number of valve cores in the world. 3/4 of the world’s cars are using Chinese-made valves. core. After the outbreak of the financial crisis, especially after the fourth quarter of 2008, the sales of domestic valve cores deteriorated drastically, and the operating rate of most companies fell below 50%. Among the 12 companies, sales revenues of 4 companies, including Hangzhou Wanmengmen Mouth Co., Ltd., Jiangyin Bol Auto Parts Industry Co., Ltd., Zhongda Co., Ltd. Gongzhuling Valve Core Factory, and Ningbo Ouya Daocheng Auto Parts Industry Co., Ltd., etc. In addition to the increase, sales revenues of four companies have dropped significantly, while the other four have remained basically unchanged. The economic benefits of almost all enterprises have declined, and the decline rate is mostly above 50%, which is the first negative growth in economic efficiency in recent years.
In February 2009, the sales of valve core products changed to a greater extent than in the second half of last year. Zhongda Co., Ltd. Gongzhuling Valve Core Factory, a number of tire factory has increased orders to the company, the company's production and sales have reached the best level in history. Jiangyin Bor Auto Parts Industrial Co., Ltd. is the constant trade orders, the products are exported to more than 50 countries and regions.
Since the second half of 2009, the domestic valve core market has rapidly recovered, economic returns have improved, and foreign exchange earnings have gradually returned to normal levels. Enterprises in the entire industry are now enjoying a welcome situation of working overtime, increasing investment in technological transformation, and expanding production capacity. It is predicted that China's valve core production will maintain a double-digit growth this year, and the sales situation will continue to be optimistic next year.
According to Li Jian, Chairman of Gaomi City Tongchuang Auto Parts Co., Ltd., the company relocated this year and its production capacity has increased significantly compared with last year, but it still has a certain gap with market demand. The company is ready to reuse some old equipment and further expand its production capacity to meet market demand.
Zhao Ming, chairman of Jiangyin Bor Auto Parts Industry Co., Ltd., has been optimistic about the valve core industry. When the market was sluggish at the beginning of the year, not only did they not reduce production, they instead took the opportunity to carry out technological transformation. Since the beginning of this year, it has invested nearly 5 million yuan, and on the basis of reducing the use of 30%, the production capacity has increased by 20%. In particular, the company's various production lines have been operating at full capacity in the last two months. It is estimated that production will increase by 15% to 20% over the previous year. As the company pays attention to brand cultivation, the product price is relatively high, and the price of main raw material copper is relatively low, making the company's current benefits very good.
According to Zhang Jianer, chairman of Hangzhou Wanxun Door Co., Ltd., the main reason for the rapid improvement in China's valve core industry in the second half of the year is the large-scale investment of the Chinese government. The government's "Adjustment and Revitalization Plan for the Automotive Industry" has stimulated people's purchases of automobiles, and thus has driven the demand for valve cores. At present, the domestic demand for valve core has reached a historical peak, and exports have also rapidly rebounded.
The valve of Shanghai Baolong Automotive Technology Co., Ltd. is mainly sold to North America. The company's general manager, Wang Shengquan, said that due to the implementation of the old car replacement car program in the United States this year, North American car sales have been activated and the demand for valve cores has increased. China is the main supplier of valve cores in North America, and the export of natural valve cores gradually picks up. In recent months, the company’s export volume has increased by more than 30% year-on-year. The company continues to be optimistic about exports next year, which is estimated to have a certain increase from this year. However, due to the end of the US automobile stimulus program and the promotion of the Tyre Pressure Monitoring System (TPMS), it is predicted that the growth rate of exports will not be too large next year.
Wang Lin, deputy director of the valve core professional committee, recently visited the Jiangsu and Zhejiang area and inspected the production of the valve core enterprise. He felt that the current situation was completely different from the beginning of the year. He said that valve core companies now generally have a gratifying situation in which machinery roars, workers work overtime, and the boss is radiant. After the company has funds, it will pay more attention to technological transformation, will further increase production capacity and product quality, adjust product structure, and make the company develop in a healthy direction. In particular, the recent decision by the state to continue the implementation of preferential policies for automobiles has actually benefited the valve core companies. It is expected that a bumper year will come next year.
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