Our company is the production roll forming machine.
2009 domestic tool industry: the third quarter, 2009 domestic metal cutting tools industry were realized advocate business wu income 564.32 billion yuan, a year-on-year growth of 1.81%; - Gross profit 28.77 billion yuan, a year-on-year growth of 22.83% -. Both negative growth, but declined to narrow.
Currently in four trillion economic stimulus package and national rejuvenation of domestic policy, under the influence of the automotive industry and Wow Gold Purchase construction machinery industry in 2009, towards recovery.
Due to the relative downstream industry machine industry, in the car and the lagging of the downstream industry engineering machinery, etc, and is expected to continue under the two big industry we expected in 2010 will add a larger machine purchasing requisition. For shipping manufacture industry, because there is enough in order, so in 2010 and 2011 can still maintain faster growth rate, the production task completion can pull machine sales.
The machine tool industry the most pessimistic period has in the past, to restore to the 2007 highs and difficult, but we think industry has begun to recovery trip, because of the structural differences, industry of CNC machine outperformed ordinary.