China's major bearing enterprises have stabilized production and sales

According to China Bearing Industry Association, the national bearing industry 110 (including 102 participating in the summary) enterprise groups and major enterprises statistics, in 2009 the total industrial output value (current price) was 48.654 billion yuan, a year-on-year decrease of 1.08%; industrial sales value of 48.581 billion yuan Yuan, a year-on-year decrease of 0.03%; industrial added value of 14.412 billion yuan, an increase of 6.00%.

In 2009, 102 companies produced a total of 2.4307 billion sets of bearings, a decrease of 263.9 million sets compared with 2008, a decrease of 9.79% compared with the same period of last year; bearing sales volume was 2.468 billion sets, a decrease of 315.5 million sets compared with 2008, a year-on-year decrease of 11.33%; bearing export sales The volume was 907 million sets, a decrease of 324.4 million sets from 2008, a decrease of 26.34% compared with the same period of last year. The bearing inventory increased from 5.016 billion yuan in 2008 to 5.034 billion yuan, an increase of 0.36%.

In 2009, 102 enterprises completed the main business income of 52.94 billion yuan, a decrease of 5.05% compared with 2008; the income from bearing products business was 33.03 billion yuan, a decrease of 6.93% year-on-year; the income from export bearing products in the bearing product business income was 4.93 billion yuan, a year-on-year decrease of 38.69%; total profit of 3.40 billion yuan, a decrease of 2.94% compared with 2008; total tax revenue of 1.66 billion yuan, an increase of 5.25% over 2008.

The total profit increased by 36 in 2008, accounting for 35.29% of 102 companies; the total profit decreased from 62 in 2008, accounting for 60.78% of 102 companies;

According to the comparable statistics of the monthly reports of major enterprises in the industry, from the completion of the month of December 2009, the main business income increased by 48.37% over the same period of 2008, an increase of 23.69% from the previous month. The revenue of bearing products business increased by 19.14% year-on-year. The growth rate was 10.67%, and the income from export products business increased by 25.3% from the previous month, and it is gradually improving. It shows that at the end of 2008, due to the impact of the financial crisis, the development of the bearing industry has declined greatly. By the fourth quarter of 2009, the industry has reached a stage of stabilization and recovery.

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