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According to the National Statistics Bureau's report on the main economic indicators of 642 large-scale enterprises in the domestic internal combustion engine industry in August 2015, except for the total assets, inventory, and finished product growth in January-August 2015, the remaining major financial indicators have declined to varying degrees. Among them, the main business revenue decreased slightly. From January to August 2015, the total revenue of the main engine business of the national internal combustion engine industry was 150.422 billion yuan, a year-on-year decrease of 5.34%, and the decrease was 8.490 billion yuan.
In August 2015, the total export value of the internal combustion engine industry was 1.134 billion U.S. dollars, a year-on-year decrease of 11.88%; from January to August, the cumulative export value was 9.578 billion U.S. dollars, a year-on-year increase of 0.94%. In August, the total amount of imports of the internal combustion engine industry was 769 million U.S. dollars, a year-on-year decrease of 30.65%. From January to August, the cumulative import value was 6.709 billion U.S. dollars, a year-on-year decrease of 17.29%. The total number of ICE engine exports in August was 1,210,307 units, down 7.45% year-on-year, and the amount was 3,1996,200,000 US dollars, down 4.75% year-on-year. From January to August, the export volume was 10,380,584 units, a year-on-year decrease of 0.69%, and the amount was 2,590,506,200 U.S. dollars, an increase of 2.14% year-on-year. The total number of ICE engines imported in August was 142,128, a year-on-year decrease of 6.82%, with a value of $359,805,900, a year-on-year decrease of 32.19%. From January to August, the import volume was 1,210,860 units, a year-on-year decrease of 2.63%, and the amount was 3,075,559,900 US dollars, a year-on-year decrease of 21.52%.
The industry's declining trend is not limited to fuel types. In August, diesel engines sold 452,800 units in August, and accumulated sales were 4,481,500 units, a year-on-year decrease of 17.77% and a year-on-year decrease of 18.24%. Gasoline engines sold 3.747 million units in August and accumulated sales volume was 33,377,800 units. It decreased by 7.35%, a cumulative decrease of 3.56% year-on-year.
From the perspective of the internal combustion engine market, except for the cumulative year-on-year growth in the number of internal combustion engines for passenger vehicles, all other markets witnessed year-on-year declines. The cumulative sales volume of passenger vehicle internal combustion engines for January to August totaled 11.595 million units, a year-on-year increase of 4.19%; the total sales volume of motorcycle internal combustion engines for August totaled 157.730 million units, a year-on-year decrease of 4.93%; the cumulative sales volume of marine internal combustion engines for August was 31,600 units, a year-on-year decrease of 7.67. In August, the accumulative sales of agricultural machinery internal combustion engines totaled 3.743 million units in August, a year-on-year decrease of 8.58%; the cumulative sales volume of garden machinery used in internal combustion engines in August totaled 2,794,300 units, a year-on-year decrease of 10.10%; and the cumulative sales volume of commercial vehicle internal combustion engines in August reached 2,290,200 units, a year-on-year decrease. 21.38%; The cumulative sales volume of internal combustion engines for construction machinery for the month of August totaled 305,200 units, a year-on-year decrease of 24.73%. The largest decline was in the use of internal combustion engines for power generation units. In August, the cumulative sales volume was 1,293,900 units, a year-on-year decrease of 26.92%.
Although the commercial vehicle market in August this year had a slight increase compared with July, it still showed a large drop compared with the same period of last year. The sales volume of commercial vehicles continues to shrink. For multi-cylinder diesel engine companies that have a relatively high share of commercial vehicles, the overall sales volume is still falling sharply. The accumulated sales of multi-cylinder diesel engine companies in August totaled 2.5352 million units, a year-on-year decrease of 12.74%. Sales of the top 10 companies such as Yuchai, Quanchai, Weichai, Xichai, and Yunnei accounted for 65.81% of total sales. At present, the cumulative sales of several companies such as Yunnei, Foton Cummins, Changchai, Yiluo Luoyang, Futian Engine Factory, Yiwu Jiangyan, Lovol and others are increasing year-on-year. The cumulative sales of the top 10 companies in the commercial vehicle-powered internal combustion engine companies in August dropped by 24.57% year-on-year. Only Yunnei, Foton Cummins, Futian Engine Works, and Jiangxi Isuzu increased in contrarian conditions. Yuchai has always maintained a leading position in the bus markets that are being competed by various multi-cylinder companies. Among the many fields supported by the multi-cylinder diesel engine, the generator set performed the best, and Dongfeng Cummins, Carter, Yijia Jiangyan and Xichai performed well.
Data from the General Administration of Customs showed that import and export data remained weak in August. In August, China’s total value of imports and exports was 333.5 billion U.S. dollars, a year-on-year decline of 9.1%, of which imports fell sharply higher than exports. The year-on-year decline in exports (in USD terms) narrowed from 8.3% in July to 5.5%, in line with expectations; the decline in imports fell sharply from 8.1% in July to 13.8%, which was more than industry expectations.
Imports increased significantly. In August, the trade surplus expanded to 60.2 billion U.S. dollars, a year-on-year increase of 20.8%.
This "recessionary" surplus has continued to expand since last year. Export-oriented small gasoline engine companies have been affected, sales have fallen slightly, and other companies have performed well. Small gasoline engine companies accumulated sales of 6.23 million units in August, a year-on-year decrease of 9.11%.
Responding to challenges The company has made efforts in the first half of the year. Weichai insisted on reform and innovation as its main line, adhered to the scientific development path of “endogenous growth, innovation-drivenâ€, accelerated its transformation and upgrading, comprehensively improved the quality of development, and achieved steady and healthy development. Weichai promoted adjustment of product structure around the market, relied on innovation to lead the industry's progress, and continued to maintain a steady development momentum.
In the first half of the year, Weichai sold a total of 92,000 units of 10L, 12L and 13L engines. Heavy-duty engine products remained firmly in the heavy truck market, the 5-ton loader market, and the 11-meter passenger car market. At the same time, Lanqing WP5 and WP7 engines with intellectual property rights independently developed by the company sold a total of 5905 units in the first half of the year, a year-on-year decrease of 18.5%. Among them, the number of passenger car market is 4548, which is a year-on-year decrease of 20.5%. The competitive advantage of the engine product portfolio is even more obvious. The development prospect of the company is still broad.
Yunnei Power took the opportunity of switching in the country four, worked hard to develop the four supporting markets in the country, and made every effort to promote the market sales of the Fourth National Product. The company’s market share in the fourth national product ranked first; meanwhile, it focused on key markets and key customers, and established non-road product market expansion. The team realized the non-road batch support for the brand manufacturers and established a good strategic cooperation relationship with them; through the in-system training, centralized training of the automobile factory and its service stations and other multi-mode service work, the company's products and services were realized. Moving forward, we have improved the after-sales service system of the Fourth National Products, Natural Gas Products and Non-road Products.
Su Changchai relied on its own brand advantage to maintain its reputation in the market. It mainly produces small and medium-power single-cylinder and multi-cylinder diesel engines. It is a company with a full product range in the Xiaochai industry, a wide power coverage, high visibility, and leading products with independent intellectual property rights. Su Changchai single cylinder diesel engine sales for many years in the country for the first time; has a national technical center and postdoctoral scientific research workstations, Jiangsu Province, small and medium power engine engineering research center; a variety of multi-cylinder diesel engine products through the EU EC certification and US EPA certification, with the country Four R & D and mass production capacity. At present, Su Changchai built a nationwide sales service network, with 11 sales business units, 31 sales service centers, more than 400 service outlets, and 600 special maintenance stations. The service outlets are distributed throughout urban and rural areas and can provide high quality for customers. Efficient and timely service.
Shangchai continued to carry out in-depth technological innovation work to accelerate the development of new products and the upgrading and optimization of existing products. Its "Shangchai Power, Dongfeng" 4H, 7H, 8D, 9D series diesel engines were awarded the agricultural machinery promotion and appraisal certificates issued by the Ministry of Agriculture. In respect of internal control management, the company regularly conducts internal control risk investigations and internal control supervision and inspections in accordance with the “Basic Norms for Internal Control of Enterprises†and related supporting guidelines, and actively improves the construction of various institutional processes and internal control systems in accordance with the risk points, and implements internal control of technology. The internal control of the system should be given equal emphasis and solid internal control construction should be done well.
According to the key enterprise data of the China Internal Combustion Engine Industry Sales Monthly published by China National Internal Combustion Engine Industry Association, the sales volume of internal combustion engine (including 110 engine-commissioned engine enterprises and motorcycle engine data) was 4,969,700 units in September 2015, a year-on-year increase of 11.88%, a year-on-year decrease. 5.56%; 1~September sales totaled 42.5641 million units, a cumulative decrease of 5.59% year-on-year; September completed 171,654,400 kilowatts, an increase of 19.13% compared with the previous period, a year-on-year decrease of 2.30%, and a cumulative total of 153.2271 million kilowatts from January to September. 1.76%. The passenger vehicle market rebounded in September and the accumulated sales volume was still better than the industry average, accumulatively increasing by 3.42% year-on-year, while the diesel engine market also stopped falling, with the cumulative decline shrinking to 14.50% year-on-year.