Skip to content

Data from the China Association of Automobile Manufacturers

Automobile industry

The latest data from the China Association of Automobile Manufacturers shows that the production and sales of new energy vehicles in China doubled in the first quarter. A spokesperson for the Ministry of Industry and Information Technology said recently that it will study more preferential measures to accelerate the development of the new energy automobile industry.

According to statistics, in the first quarter of this year, the production and sales of new energy vehicles in China reached 304,000 and 290,900 respectively, up 1 and 1.1 times over the same period of the previous year.

Shipbuilding industry

According to data released by the China National Shipbuilding Industry Association, in the first quarter of this year, China’s shipbuilding industry orders fell sharply. From January to March, China’s orders for new ships were 4.59 million DWT, down 70.4% year-on-year; at the end of March, orders for hand-held ships were 84.28 million DWT, down 10% year-on-year, down 5.6% from the end of 2018.

Appliance industry

A total of 15 listed home appliance companies announced the first quarterly report of 2019, accounting for about one-third of the total. In general, there are ups and downs, leading companies still lead, but both revenue growth and net profit growth have shown a slowdown.

In the kitchen and electric industry, the two leading enterprises, the boss’s first quarter revenue of 1.60 billion yuan, an increase of 4.30%; net profit attributable to shareholders of listed companies (hereinafter referred to as net profit) was 400 million, an increase of 5.84%; Net profit was 275 million yuan, an increase of 8.55% year-on-year. Supor’s operating income was 5.474 billion yuan, up 12% year-on-year; net profit was 515 million yuan, up 13.81% year-on-year; net profit after deduction was 499 million yuan, up 13.47% year-on-year.

Chemical Industry

On April 1, Jiangsu Province issued the “Emergency Notice on Soliciting Opinions”, saying that by the end of 2020, the number of chemical production enterprises in the province will be reduced to 2,000; by 2022, the number of chemical production enterprises in the province will not exceed 1,000; A comprehensive evaluation of 50 chemical parks across the province was carried out, and according to the evaluation results, the pressure was reduced to about 20.

For Jiangsu, which has more than 5,000 chemical companies, this means that about 80% of chemical companies and 60% of chemical parks in the province will face out in the next three years.

This is only a microcosm of the status quo of China’s chemical industry.

Elevator industry

According to estimates, the old houses built between 1980 and 2000 in the country are about 8 billion square meters, and more than 70% of the old buildings in the urban elderly have no elevators. The gap in the old building with elevators reached 3.89 million units, and the market space exceeded 1.5 trillion.

The stainless steel pipes and fittings like seamless tubes what we provide are suitable for multiple industries. Contact us for more information.


en_USEN