The advance of Hangzhou Gear is a national high-tech enterprise specializing in the production of various types of gear transmissions. The production and sales of marine gearboxes have a market share of 65%, ranking the first in the country for many years. The construction machinery transmission has a market share of about 20%, and it is the independent supplier with the highest domestic market share and largest scale.
In recent years, the company has optimized its processing technology, strictly controlled its production costs, and adjusted its product structure in line with changes in the market, so that its business performance has maintained a good momentum. Affected by the financial crisis, revenue, gross profit, and net profit continued to grow. The year-on-year growth rates in 2009 were 1.54%, 10.1%, and 16.72%. Gross margins of main products also increased steadily, and profitability continued to increase.
For many years, the company has been focusing on the research and development of gear transmissions, friction materials and friction plates. It has 80 patented technologies. Its “Progressive†trademark has been named “China Famous Brand†and “Forward†brand marine gearboxes. The company was named “China Top Brand†and received high recognition from customers. The company’s comprehensive competitiveness was among the top 500 Chinese companies. At the same time, it was awarded “2008 China Top 100 Machinery Industry Enterprises†by China Machinery Industry Federation and China Automotive Industry Association. Strong competitiveness.
In recent years, China has successively issued a series of laws and regulations and policies, clarified the important position of the machinery and equipment manufacturing industry, and pointed out the future key development direction of the industry. The gear industry product is an important basic component of the complete set of equipment in the equipment manufacturing industry. Its development is related to the overall development status of the industry. The gear manufacturing industry will be the key encouraged and developed industry in China in the medium and long-term planning.
As China attaches great importance to the equipment manufacturing industry and its investment continues to increase, the gear industry in China has developed very rapidly and the market competitiveness has increased dramatically. Chinese gear enterprises are playing an increasingly important role in the procurement and sales system of the world gear market. In recent years, the growth rate of China's gear industry has been above 10%, and the overall value of exports has continuously increased. However, due to the impact of the international financial crisis, it has shown some momentum.
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Jinan Boiler Group Co., Ltd. , https://www.jinanboiler.com