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    ZHEJIANG MINMETALS HUITONG IMPORT & EXPORT CO., LTD. ZHEJIANG MINMETALS HUITONG IMPORT & EXPORT CO., LTD.
    Bolts
    Ningbo Economic & Technical Development Zone Yonggang Fasteners Co., Ltd. | railways, Carriage bolts and Hex bolts, Hex coach screw, Flange bolts, Nuts, etc Ningbo Economic & Technical Development Zone Yonggang Fasteners Co., Ltd. | railways, Carriage bolts and Hex bolts, Hex coach screw, Flange bolts, Nuts, etc
    Haiyan Sichen Metal Products Co.,Ltd. Haiyan Sichen Metal Products Co.,Ltd.
    Nuts
    ZHEJIANG HOWLS AUTO PARTS CO.,LTD ZHEJIANG HOWLS AUTO PARTS CO.,LTD
    CFD Magazine
    cfdplans

    CFD plans to participate in the following international shows:

    • METALTECH & AUTOMEX, May 15-18, MITEC, Malaysia

    • TAIWAN INTERNATIONAL FASTENER SHOW, Jun 5-7, Kaohsiung Exhibition Center, Taiwan

    • MANUFACTURING WORLD JAPAN, Jun 19-21, Tokyo Big Sight, Japan

    • MANUFACTURING EXPO, Jun 19-22, BITEC, Thailand

    • SINO-THAI FASTENERS & AUTO PARTS MATCHMAKING MEETING, Jun 20, BITEC, Thailand
    Gem-Year Sales of Railway Fasteners Down in H1
    Views ：371
    | Exhibition Info
    Exhibition Name: Gem-Year Sales of Railway Fasteners Down in H1
    | Exhibition introduction

    Gem-Year Industrial’s revenue in the first half of 2020 reached RMB 1,011,185,581, down 38.55% year-over-year. Net profit declined 33.64% to RMB 54,198,829, and the net assets increased 27.84% to RMB 3,471,963,337.

    The decrease in revenues were mainly due to the declined sales in the railway fasteners. In addition, the revenue of Q1 plummeted 71.59% as a result of the pandemic impact. However, the grow of the revenue in Q2 was from resumed production.

    Railway fastener shipment in Q1 was subject to the pandemic but came back to normal in Q2.

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