Slow valves profession development in Jiangsu Province

Jiangsu Association of valve work Conference recently revealed information that Jiangsu valves profession 2014 economic indicators decreased compared with the previous year, although declined marginally, but growth slowed, it is estimated that in 2015, will show a downward trend. From Jiangsu Association of valve all Director unit of leaders and heads of some more than 90 people to get together and discuss how to improve under the new normal valves profession development in Jiangsu Province. Jiangsu valve according to 44 member companies of the Association receives comprehensive summary of main statistical indicators analysis: 2014-the entire industry from the effects of domestic and international economic environment, there has been a trend of economic indicators fell slightly, also continued to grow after rising for almost 10 years, negative numbers downward for the first time. Main indicators industrial output for 6.537 billion yuan, up 6.51 billion yuan the previous year, down 2.9%. brass ball valve

But the Association Director Zhang Zong also noted that 2014 in the overall situation of deepening reform, industry-wide production and sales are still maintaining good posture. Main indicators for 6.363 billion yuan in gross industrial sales, than the 6.425 billion yuan the previous year, down 0.97%. Mark valve Association member enterprises in Jiangsu in the valve production at the same time, adhere to do valve product sales work, develop domestic and foreign markets. 2014 Jiangsu valve industry achieved profit total 491 million Yuan, than last year earlier compared with increased 0.04%; 2014 per capita create profit 4532 Yuan/people, than last year per capita profitability 4508 Yuan/people, growth 24 Yuan/people, growth 0.53%, description full industry economic and sales indicators declined hòu, corresponding profit total still synchronization declined, full industry of enterprise are in strengthened internal management, reduced production cost, Digest internal incremental factors, further reduced economic indicators fell of situation. brass ball valve

But 2014 valves profession enterprise of Jiangsu high total liabilities and receivables, leads to high debt rate, hamper the development enterprise, also reduced the level of profits from the business. 2014-industry-wide total liabilities amounted to 3,402,270,000 yuan, 3.269 billion yuan over a year ago, and rose 4.36%. This suggests that although production and sales growth, but corporate liquidity is intensive and the decline in output and sales, business costs rose, so as to further increase pressure on domestic liquidity crunch. Coupled with the rapid rise in resources, both human and environmental costs, squeezing profit margins. 2014 export value reached 1,325,780,000 yuan, 1,217,780,000 Yuan over the previous year, an increase of 8.86%. In addition to several businesses decline, growth in other businesses, some breakthrough zero export history, opens up new international markets. brass mini ball valve

Some of the difficulties currently facing the industry, as an industry organization, is hoping to get member companies through difficult times, unwavering confidence to do well in industry and services. To this end, the association intends to make a four major activities this year, valve product end user site once in technical seminars will hold a comprehensive technical and business management training; to organize a study tour each other's activities in the field; opened a comprehensive statistical staff meetings and a plenary General Assembly and visits to member companies, focusing on understanding of member companies to run, good communication between enterprises. Also to do advocacy work, using medium industry Promotion Association website, especially better promotion of Jiangsu products to markets at home and abroad. http://www.rasingvalve.com/