The company's main products are very many, and there are many types of exhaust fans and high-temperature induced draft fans. So what is the development of exhaust fan and high-temperature induced draft fan in the future industry?
It has the first market share in the fields of steel smelting and thermal power generation, and the top three in the fields of new dry process cement and petroleum and petrochemical. With the raising investment and expansion of production, the income scale has further expanded, and the product structure transformation has also helped to improve the gross profit margin. From 2009 to 2012, the compound growth rate of sales revenue was 22%, and the compound growth rate of net profit was 42%.
Future performance growth depends on industrial upgrading, energy conservation and emission reduction, environmental protection and other projects:
1. Transformation opportunities brought by the upgrading of traditional downstream industries: the demand for equipment transformation brought about by the elimination of backward process equipment in the steel industry, the energy-saving transformation of new dry process technology in the cement industry and the energy-saving transformation of the petrochemical industry is expected to reach 360 million in 2010, and doubled to 720 million in 2011.
2. Opportunities for energy saving transformation of centrifugal fans: centrifugal fans consume about 5% of the total power generation in China. It is of great significance to carry out energy saving transformation of centrifugal fan systems. After sales inspection, energy-saving transformation and other services of domestic centrifugal fan enterprises and the sales of accessories brought by them account for less than 10% of the total sales, which has much room for improvement compared with 40% of the total sales of mature foreign fan enterprises.
3. High pressure exhaust fan market in environmental protection fields such as sewage treatment: the annual market of centrifugal exhaust fans for sewage treatment will reach 3 billion yuan in the next 3-5 years. The company has relevant technical reserves, and the market share in this field is expected to increase from 0.6% in 2009 to 10% in 2012.