Anhui Zhongding Sealing Parts Co., Ltd. released 2017 annual report on April 22, in which it indicated that the earnings and revenue of the company increased yearon-year steadily even though the price of some raw materials such as rubber chemicals and carbon black rose sharply. In 2017, Zhongding achieved the operating revenue of 11.77 Billion Yuan, increasing by 40.39% year-on-year (the same below), the retained pro t attributable to shareholders of the listed company of 1.127 Billion Yuan, increasing by 25.13%, and the product output of 5.632 billion pieces, increasing by 43.68%.
The report also revealed the 2018 operation plan of Zhongding, including actively elevating the brand in uence; integrating domestic and foreign resources, strengthening the global strategic positioning of “integration of development, production and supporting”, enhancing the proportion in R&D in the global supporting platform for all transnational auto enterprises and propelling the development of new energy eco-cars, aerospace, petrochemical engineering and high-end sealing products used for critical equipment so as to improve international competitiveness; enforcing independent innovation and accelerating the development of energy-saving and new-energy products; optimizing product structure and focusing dominant resources to expand the eld of non-automotive products with high value added like domestic high-end sealing products to achieve import substitution competitiveness; and transforming from a supplier of one kind of parts to parts and system.
(Si Xianchao)
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