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The Development Of Railway Iron Plate Industry In Recent Years
Dec 11, 2017

Railway iron plate railway parts industry is better than the whole car industry whether in revenue or gross margin.Railway vehicle purchase expenditure growth is rapid and sustained, laying the groundwork for railway equipment industry revenue growth. During the rate will continue to fall, the relative valuation advantage, maintaining industry-leading market - B rating, the ministry of railways vehicles purchase expenditure rose faster, lay the foundation for railway equipment industry revenue growth.

Accelerating railway construction has accelerated the growth of railway fixed-asset investment in the first two months of this year, with the increase in the purchase and renovation of locomotive vehicles exceeding 100%.Railway iron plate it in related enterprise income temporarily not fully reflected, but we think this rail at least able to remain above sixty percent of investment in fixed assets, which will lay a foundation for the annual income growth of railway equipment industry.According to the industry, the income of railway railway rail-iron gasket accessories industry is growing faster than that of the vehicle industry.Out the survey, 1 to 2 months this year the whole car industry revenue growth was only 6% (truck, locomotive did fall by nearly 50% year-on-year, passenger car jumped by one hundred and sixty percent, and accessories and special equipment is still maintained a rapid growth.

This is mainly because: although the demand of most of the vehicles has decreased, the production enterprises are still optimistic about the long-term demand growth, so the purchase of accessories is still growing.The maintenance demand of accessories is relatively rigid