The reporter was informed at the symposium organized by the Provincial Industry and Information Technology Committee on June 20 that equipment manufacturing companies in Gansu Province are actively digesting the pressure of increasing costs and increasing profit reduction factors. The industrial added value was completed in May. RMB 4.1 billion, an increase of 31.24% year-on-year, and a profit of RMB 120 million.

In the face of the adverse effects of the financial crisis, enterprises in the equipment manufacturing industry in Gansu Province actively sought to cope with the tactics. The first is to actively develop new products. The Reed Group has found its way in "I have no people and I have excellent people" and aimed at market gaps. The developed window glass, mobile phone touch screen gems, molybdenum films and other products are very competitive in the market. The company's output value has grown from more than 300 million yuan in 2010 to about 800 million yuan this year, which has doubled in one year. The second is to actively extend the industrial chain. Lanshi Group actively develops heavy equipment, stretches its industrial chain, and enhances its competitiveness. Completed output of 36,600 tons of products, an increase of 12%. The third is to actively strengthen management innovation. Reid Group actively promotes flat management, promotes institutional innovation, optimizes processes and management processes, promotes management implementation, and greatly improves corporate management. The fourth is to strengthen corporate strategic management. Tianshui Changchang started from the long-term planning of enterprise development, aimed at new energy, high-speed rail and other fields, research and development of new products, has achieved positive results.

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