Analysis of the bearing industry in China at the bottom

Due to insufficient supporting demand in many domestic host industries, the profit growth rate of the bearing industry in the first half of the year slowed down noticeably, and the inventory level increased significantly. An industry analyst in Shanghai told reporters: "If the bearing industry wants to get better, the demand must have a big growth first. At present, there is no sign that the bearing industry is improving." In the first half of this year, China's bearing industry realized profits. The total amount was 1.45 billion yuan, a decrease of 41.87% compared with the same period of last year, and the bearing inventory increased from 5.70 billion yuan in the same period last year to 5.23 billion yuan, an increase of 11.30%. On the macro level, the industry is in a downturn. On the micro level, the listed companies that are mainly involved in bearings are not doing well this year. In the bearing industry, Tianma shares first announced the 2012 mid-year report, exposing the industry situation of the recession. In the first half of this year, the company's operating income was 1.30 billion yuan, down 22.25% year-on-year; net profit was 153 million yuan, down 45.48% year-on-year. Among them, in the first half of the year, the core of the production of Tianma's bearing business, Chengdu Base, achieved revenue of 391 million yuan, down 9% year-on-year; net profit was 25.37 million yuan, a sharp drop of 78% year-on-year. At the same time, the China Daily also disclosed that the company's performance in the first nine months of this year was reduced by 20%-50%. In response to the decline in the performance of Tianma shares, the company's securities department told reporters: "In the first half of the year, the company's fan bearing sales were not good, the price has been falling, mainly due to the lack of demand for wind power mainframe market. It is expected that the wind power host price in the second half of the year Will go lower, then the price of our bearing accessories will also fall." In addition, the person also revealed to reporters: "As the bearing price has been falling, the company has taken measures to reduce production." In addition to Tianma shares, other bearing industry The performance of listed companies also declined. For example, in the middle of July, Xiangyang Bearing predicted that â€œthe companyâ€™s total profit for the first half of the year has dropped significantly, and the net profit loss is about 7 million yuanâ€. Wanxiang Qianchao's net profit for the first quarter was 91.779 million yuan, a year-on-year decrease of 28.20%. In the first half of this year, 104 enterprises in the bearing industry in China produced a total of 2.11 billion sets of bearings, up 4.76% year-on-year; sales volume was 1.95 billion sets, down 2.89% year-on-year. Although production has increased, the output has declined. In the first half of the year, the total industrial output value was 28.31 billion yuan, a year-on-year decrease of 6.97%. The industry believes that although the profit growth rate in the first half of the year has dropped significantly, the relevant data basically meets the expectations of the management department. Associations expect that in 2012, the main business income of the bearing industry will reach 158 billion yuan, an increase of 11%, bearing output will reach 21 billion sets, an increase of about 16%.

Product Name: ferrous acetate

ferrous acetate

Chemical formula: C4H6FeO4

CAS accession number: 3094-87-9

Hazard symbol: 36/37/38

Melting point: 190-200

Molecular weight: 173.93

English Name: Acetate Ferrous

Nickname: ferrous acetate

Safety Description: Combustible fire, spicy smoke discharge containing iron oxide