A-Share Listed Mechanical Component Companies – Total Value of Import & Export was USD 30.862 Billion in 2016 – Research and Markets

09-May-2017 Intellasia | BusinessWire | 8:52 PM Print This Post

DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “A-Share
Listed Mechanical Component Companies – Profiles and Financial Data”

report to their offering.

In 2016, the total production value of the mechanical component industry
was CNY 361 billion, a YOY increase of 0.5%. The economic volumes of
gears, fasteners, springs and power connectors were all equal to or
slightly increased from the level of the previous year. The production
value of chains and powder grew at a pace between 2% and 4%. The total
value of import and export was USD 30.862 billion, slightly up by 1% YOY.

Total import value was USD 18.432 billion, increasing by 6.87% YOY;
total export value was USD 12.43 billion, decreasing by 6.64% YOY. The
export value of gears, the leader in the export of the industry, was USD
5.481 billion, decreasing by 7.78% YOY; that of fasteners was USD 4.722
billion, decreasing by 4.14% YOY.

In 2016, the global economy recovery was still weak. In China,
structural reform was conducted in the equipment manufacturing industry
and investment in the mechanics industry was slow. As a result,
mechanical component manufacturers were confronted with difficulties
receiving orders and exporting their products. The next few years will
see a new phrase of technology revolution and industry revolution
featured by the integration of information telecommunications and
manufacturing. China will step up efforts in integrating industry with
information to push forward the transformation of the manufacturing

Companies Mentioned

  • Guangdong Mingzhu Group
  • Fujian Longxi Bearing (Group)
  • Avic Heavy Machinery
  • Gem-Year Industrial
  • Jiangsu Hengli Hydraulic
  • Hangzhou Advance Gearbox Group
  • Anhui Yingliu Electromechanical
  • Liaoning Fu-An Heavy Industry
  • Zhejiang XCC Group
  • Suzhou Neway Valve
  • Baota Industry
  • CNNC SUFA Technology Industry
  • Shandong Weida Machinery
  • Others

Key Topics Covered:

(1) Financial Indexes:

(2) Summary of Income Statement:

(3) Summary of Balance Sheet:

(4) Summary of Cash Flow Statement:

For more information about this report visit http://www.researchandmarkets.com/research/sn8d2w/ashare_listed


Research and Markets
Laura Wood, Senior Manager
[email protected]
E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call
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Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Topics: Machine


Category: BusinessWire, PRAsia

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