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We survey the three wrestlers, and company secretaries, technicians, etc. on industry trends, raw material costs the company situation and new product development process and other issues were discussed, focusing on high-end communication between the project company with agricultural products and reinforcing materials to promote and market prospects, and visited the company's production unit to focus on technological innovation Triangle dominate the field, strong pricing power is Triangle (mainstream varieties of rubber belt) is the industry leader. (Mabel Huijin) 2012 A V-belt production of about 390 million meters, achieved sales of 885 million, more than 30% of the total industry output, exports accounted for nearly 50% of the industry, both the primacy of the domestic industry.
The company has the industry's largest sales network in the country with more than 180 distribution points level, more than 200 international (mainly in Brazil and Hong Kong). e cigarette e cigarette
Company focused on technology innovation and product upgrades in recent years, while maintaining the basic stability of the total capacity, the annual production capacity of high-end alternative to continuing with some low-end capacity. In many low-end competitors Triangle meager earnings remain relatively stable industry profitability (nearly four years except in 2011 due to the low rubber prices soaring profits, the gross profit margin was above 22%) and higher bargaining ability (since listing, the company's main products have price increases six times, only once due to the cost price slump) belt cost structure, rubber accounted for about 40% of annual consumption of natural rubber in 9000 tons, about 4,000 tons of synthetic rubber , natural rubber price changes is the cost of the core determinants.
2012 compared to 2011, a significant rebound in corporate profits is based on the natural rubber prices fell sharply.e cigarette blue Currently, the European economy is still uncertain risk high stage, consider adjusting the U.S. quantitative easing, the dollar, and the trend of weak international demand for rubber.
Thailand is expected in April to stop rubber purchasing and storage, to suppress the formation of the international rubber prices. China, 34 January, Yunnan, Hainan gum area gradually open cut, bonded inventory is high. We expect rubber prices rose more than short-term downside risks in raw material procurement, inventory operational areas have a more profound understanding and scientific management system, in rubber prices low hoarding a lot of raw material inventory, is expected to meet until October this year, the production needs , equivalent to the cost of this product have been locked in a low. With the price of the right to speak for downstream cost reductions can be effectively translated into the company's profitability.buy seneca cigarettes
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