The eastern trunk canal of the hottest South-to-No

2022-08-03
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The East trunk canal of the South-to-North Water Transfer Project received a loan of 5.5 billion yuan and started construction in June. The East trunk canal of the South-to-North Water Transfer Project received a loan of 5.5 billion yuan. Yesterday, it was learned that as the price of natural rubber fell, the orders of large tire enterprises increased, and the operating rate significantly increased to about 80%-85%. The operating rate in April was generally around 70%. A number of tire enterprise executives said that with a series of thorns

China's tire industry, which is mired in the dilemma of low profits and low sales, has ushered in a turnaround. Yesterday, it was learned that as the price of natural rubber fell, the orders of large tire enterprises increased, and the operating rate significantly increased to about 80%-85%. The operating rate in April was generally around 70%. Senior executives of several tire enterprises said that with the introduction of a series of stimulus policies, the operating rate of the tire industry is expected to continue to increase, and the industry will recover in the short term

the overcast cloud of capacity vacancy over China's tire industry is slowly dispersing. In Shandong, the most important tire production base in China, several large tire factories have accelerated the pace of production

it is reported that car tire and light truck tire enterprises took the lead in the recovery of prosperity, and the operating rate of large enterprises has increased to more than 80%. This is a far cry from a few months ago. Before the Spring Festival in 2012, the tire branch of China Rubber Industry Association conducted an informal survey on 48 tire enterprises. Half of the enterprises' holidays were significantly extended to two weeks, and less than one week in normal years; Only three enterprises, including GUPT tire, chose to take a normal vacation due to short supply

the profitability of tire enterprises began to improve. Relevant data show that in 2011, the profit margin of China's tire industry hit a record low, with a net profit margin of about 1% to 2%; Half of the 48 large tire enterprises suffered losses. The gross profit margin of tire enterprises generally rebounded in the first quarter of this year, and the average gross profit margin of tire products increased by 13.4% in the first quarter. The 2012 first quarter report from listed tire companies showed that the overall net profit increased by 62% year-on-year; The net profits of 5 of the 7 listed tire companies increased year-on-year. Caokechang, global vice president and President of Asia Pacific region of Cooper Tire, said that it is expected that the loss of Chinese tire enterprises will narrow in 2012, and only about 20% of the enterprises that promote the water efficiency benchmarking of water enterprises will lose money

the improvement in the profitability of the tire industry stems from two aspects. First, the cost of raw materials has the greatest impact on the profitability of tire enterprises in the short term. "Natural rubber dropped from the highest point of 5800 yuan/ton in 2011 to around 3300 yuan/ton, giving the tire industry a breathing space. 20 the new business model of sharing the economy has achieved rapid development. In the spring of 2011, many tire enterprises snapped up natural rubber near the sky high price for fear that the price of natural rubber would continue to rise. Finally, they had to absorb the high cost pressure by themselves." Caokechang told: "as the prices of main raw materials fell, the market buying began to pick up; in addition, the production costs of tire enterprises were greatly reduced. Therefore, the overall profit margin of the tire industry will be improved." It is reported that the raw material cost accounts for about 85% of the total tire cost. The raw material cost of the overall tire (taking the semi steel tire as an example) has decreased by about 19% year-on-year, so the total tire cost has decreased by about 10% to 16% year-on-year

senior management of several tire enterprises said that the increase in tire demand this year will further lift the tire industry out of difficulties. Hanfaqiang, the Board Secretary of Fengshen Co., Ltd., said: "with the introduction of a new round of stimulus policies and the launch of a number of major projects such as railways, highways and infrastructure construction, new logistics and transportation needs will be generated. At that time, the fire performance classification and experimental method of tire facing fire retardant coating gb15442.1 (1) 995 requirements will also be increased." On May 23, the executive meeting of the State Council clearly pointed out that the focus of economic work should be adjusted and steady growth should be given a more important position. The meeting called for promoting the implementation of major projects in the 12th Five Year Plan on schedule, launching a number of major projects that are relevant to the overall situation and have strong driving force. The identified projects in the fields of highways, railways, energy conservation and environmental protection, rural and western infrastructure, etc., should speed up the progress of preliminary work

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