Shangchaigufen: Ready fully pulled up around the corner - on the fuel, diesel - Machinery Industry

China Suppliers


Company to produce Diesel engine For the main business, the early years the cradle of China's diesel engine production, and now has developed into a national large professional manufacturer of diesel engine design, the D114 have three series products are widely used in engineering machinery, automobiles, power matching. The current business market dominated by the construction machinery to the automotive market and the gradual construction machinery market, automotive and mechanical engineering industries as supporting producers, is expected to benefit from the auto industry and state policies Equipment manufacturing Industry restructuring and rejuvenation program. Meanwhile, Shanghai Automotive to become the controlling shareholder, the company become the power base of SAIC, Shanghai Automotive to achieve products with complementary, forming synergies. Construction machinery in the main power supply to maintain status while in the field of diesel engine, will depend on SAIC's strong advantage in the field of vehicle, diesel engine vehicles in Shanghai enterprises with independent intellectual property rights in both commercial vehicle series vehicle dynamic platform for more vehicle manufacturers to provide all kinds of products. In the field of automotive diesel, the company will focus on the formation and coordinate the development of Shanghai Automotive Commercial Vehicle R & D capability, with independent intellectual property rights to form a series of dynamic platform targets commercial vehicles, commercial vehicles to create a power base in Shanghai.





Company's technology and strength, this will greatly help future development. Increase technology development company, completed the 4 natural gas in Europe Engine Development of the development; State 4 emissions of dimethyl ether to complete the combustion engine product development and performance of the initial test; hybrid electric vehicle with the engine structure and performance optimization technology acceptance by the Shanghai Science and Technology Commission. The project is expected to enhance the future performance of the company. January 4, 2010, the company announcement, the company meet the national IV emission requirements of 12 liters engine projects for the financial assistance 36.19 million yuan in Shanghai and was recently received upfront subsidy 10.13 million yuan. The access to financial assistance for heavy vehicle diesel engine project that the company comply with national requirements for the development of the automotive industry, as well as key support for the Shanghai industrial directory requirements, but also reflects the integration of the strategic synergies after Shanghai Automotive. This will help the company to make full use of existing capacity based on the expansion of production capacity Pin Scale, significantly improved business performance.
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Performance of the company very well, in 2009 net profit rose 155%, while the company forecast first-quarter results, released today, the first quarter of 2010 net profit is expected to more than 25 million yuan, up sharply. Quarterly disclosure of listed companies in a way, the company's performance so good, it is expected to attract the attention of investors and usher in a good performance.





The secondary market, the stock shares of sexually active, a record high in September last year, since the overall trend in the shock consolidation, adjustment has been very good. Since January 27 line has been below six months, showing the pattern of shock bottoms, low and gradually raise the callback. Line below the recent six months, gaining a few days later, on April 8th, opening walk, stop in the first half line once today, 10 exploration line position to the final heavy volume rose, the basic boot after a breakthrough in action, investors shock upside is expected to be appropriately concerned.