Butterfly Valve,Soft Seal Butterfly Valve,Butterfly Valve Wafer Type,Manual Operated Butterfly Valve WENZHOU FOREVER CLASSIC TECHNOLOGY CO.,LTD , https://www.fballvalve.com
Benefit from the transfer of power tools to China, the rapid growth of production and sales
Benefiting from the favorable transfer of power tools to China, the compound growth rate of power drills in China in the past five years has reached 22.4%. According to the authoritative prediction of the Power Tools Branch of China Electrical Equipment Industry Association, the production and sales of power tools in China will continue to grow at a rate of about 15% in the next few years. In recent years, the company has also actively carried out new business. In 2005, it was involved in the saw blade and powder metallurgy business. In 2007, the saw blade business will begin to show performance.
Steady growth in performance into the high-end market
The company's total operating income in 2007 increased by 15.07% over the same period of the previous year; the operating profit increased by 15.21% over the same period of the previous year; the net profit increased by 25.92% over the same period of the previous year, and the company's growth was good.
The company cooperates with Rem of Germany to produce and sell Rem's patented RVE series of drill chucks to enter the high-end drilling chuck market, and to build the world's largest production base of mechanical parts.
Shandong Weida - world class drill chuck overlord
Shandong Weida is the largest professional manufacturer of drill chucks in China and one of the world-class drill chucks. It currently has a market share of 50% in China, a global market share of around 30%, and annual sales of 3,500. About 10,000, ranking first in the global sales of the drill chuck industry.