Gansu HL Created Foreign Exchange of 20 million US dollars from January to October

Resource from: CBCC Likes:2949

Dec 17,2009

On Dec. 5th, when interviewed Gansu Hailin Zhongke Science & Technology Co., Ltd. (Gansu HL for short), the reporter saw that the workers were pressing on with manufacturing of bearings. About 50% of the sales of HL Company are export income. The global financial crisis began last year had severe impact on the company’s sales. Since July last year, the production value of the company and the sales has slid obviously as the market demand decreased. Since this year, confronting the continuously-expanding global crisis, HL Company carefully carried out the economic development guidelines of the central government, the province and the city, analyzed the market situation home and abroad objectively, adjusted the product catalogue and made effort to expand the domestic market, which enabled the company to keep the stable development. It is learned that the company has achieved the industrial production value of 434.2 million RMB from January to October this year, obtained sales income of 348.67 million RMB, handed in the tax of 14.23 million RMB and created foreign exchange of 22.42 million US dollars.

(CBCC)

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