Recently, Guilin Rubber Machinery contracted with a domestic tyre company, gaining another big order. With this 50-million-yuan project, so far in this year, this Company has received new domestic and overseas orders with a total value of 300 million yuan. And thanks to the positive news of its international market, the Company is expected to fully complete its operation target of this year.
As the global economic recovery is sluggish and the rubber machinery market is stagnant, many factories suffered slumping orders, and a large number of tyre projects of domestic and overseas enterprises have been delayed or even cancelled. Faced with such a cliff, Guilin Rubber Machinery gave itself a clear market position, paid close attention to the changes in the market, and timely adjusted its production arrangements. At the beginning of this year, the Company gained an overseas big order valuing more than 100 million yuan, and then contracted with dozens of domestic tyre companies with the total value of orders exceeding more than 100 million yuan. Now the production is scheduled till the beginning of next year, and thus the Company is expected to fully complete this year’s target.
This year, the Company has received increasingly frequent inquiries, which indicates that it will receive more and more orders in the second half of the year. According to the feedback from US, European and Southeast Asian markets, there will be rich potential opportunities.