Hex Bolts,Square Nut,Anchor Bolt Co., Ltd. , http://www.nshexbolt.com
Since this year, Yin Yin, general manager of Tailong, and Yin Yongqing, deputy manager in charge of marketing, have conducted extensive market research and user visits in key cities in Xi’an, Chongqing, Chengdu, Guangzhou, Hunan, Xining and Shenyang. At the same time, it requires the distribution of more than 100 marketing service networks throughout the country to provide market information feedback in a timely manner, and extensively understand the current situation, demand, and development of reducer application industries and regions.
In a wide range of market research, Tailong discovered that the chemical equipment market in Ningxia Hui Autonomous Region has great potential. At the end of last year, 8 key energy and chemical projects with a total investment of 40 billion yuan were unveiled at the large coal-to-electricity base in Ningdong. Tailong found in the survey that the eight energy and chemical projects will form a scale of 130 billion yuan in investment, they will immediately increase their strength there, increase market research and product development efforts in the region, from January to September this year, new in the region Increase and decrease machine sales about 20 million yuan.
They also make full use of the state’s policy support measures to invest 4 trillion yuan in funds to stimulate the opportunities for basic construction such as chemicals and building materials to expand the market. They focused on the increasingly stringent requirements of the reducer precision in the chemical industry, developed high-end personalized products, and entered the chemical equipment market in the Yangtze River Delta, the Pearl River Delta, and the Bohai Rim.
Jiangsu Tailong opens up chemical equipment market
In the past three months, the production, sales volume, new sales contract, and incoming purchase price of Jiangsu Tailong Reducer Co., Ltd. have all recovered to the historical level before the financial crisis. In the first three quarters of this year, Jiangsu Tailong realized a consolidated operating income of 1.02 billion yuan, a profit and tax of 163 million yuan, an increase of 9.6% and 10.7% year-on-year respectively, and an increase of 36.6% and 40.2% over the corporate targets set at the beginning of the year. The share of high-tech and personalized products in sales increased from about 15% in the past to more than 50%.