Quanchai Power expects net profit to more than double from January to September

Quanchai Power recently published a pre-addition announcement. It is expected that the net profit attributable to shareholders of the company from January to September 2009 will increase by more than 100% compared with the same period last year (15,701,678.63).

Comments: The growth in the main business of Quanchai Power's parent company and the operating conditions of some of its holding subsidiaries during the period from January to September were significantly better than those of the same period of last year, so the operating performance was significantly higher than the same period of last year.

Quanchai Power is a leading enterprise in China's environmental protection diesel engine industry. The company has formed a product system of three series and more than 100 varieties based on automotive, agricultural, and construction machinery. It has a prominent position in the small and medium-diameter diesel engine industry and produces diesel engines annually. More than 300,000 units, including agricultural diesel engines, automotive diesel engines, and related machinery products, the European II and Euro III multi-cylinder diesel engines that meet the national emission standards have become popular after they were introduced to the market, ranking among the top 10 automotive companies in the light-duty truck industry, and companies. There are five supporting facilities.

Beiqi Foton, as the second largest shareholder of Quanchai Power, Anhui Jianghuai Group as its largest user in the province, has brought huge product demand to Quanchai Power. The automobile-to-country policy will prompt its future orders and production to further increase, becoming The main driving force for growth in performance. At the same time, the introduction of the farmland transfer policy has led to the full-scale mechanization of agriculture in China, and the demand for agricultural machinery has greatly increased, and Quanchai Power will also benefit. In addition, the company’s investment in Anhui Wanlian Environmental Protection Technology Co., Ltd. has introduced world-class multi-functional mobile water quality monitoring instruments and city monitoring network technologies from Germany, and has established a permanent partnership with the Saxon Environmental Technology Center in Germany. , is expected to become a new growth point.

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