Recently, major domestic machine tool companies have issued semi-annual reports. Among them, Qinchuan Machine Tool turned losses into profits, Dalian machine tools were heavily in debt, Shenyang machine tools suffered serious losses, and Kunming Machine Tool's net loss increased. Qinchuan Machine Tool Group Co., Ltd. is a China R&D and manufacturing base for precision CNC machine tools and complex tools. It is a leading enterprise in China's machine tool industry and ranks third in scale. On August 30, Qinchuan Machine Tool released the semi-annual report for 2017. The company realized operating income of 1.581 billion yuan from January to June 2017, an increase of 15.49% year-on-year; the average operating income growth rate of the general equipment industry was 18.33%; belonging to shareholders of listed companies The net profit was 3,600,700 yuan, an increase of 106.63% over the same period of last year. The average net profit growth rate of the general equipment industry was 18.66%. According to the announcement of Dalian Machine Tool, on July 31, the company’s recent credit information released by Dalian Machine Tool showed that the accumulated interest rate of the company’s consolidated caliber was 429 million yuan, and the amount of bank acceptance bills was 2.031 billion yuan. It was 3.607 billion yuan, with a total amount of 6.067 billion yuan, accounting for 117.28% of the unaudited net assets at the end of 2015. A number of financial institutions are deeply involved. Coupled with the near-billion-yuan bond default that has occurred, Dalian Machine Tool has overdue debts of about 9 billion yuan. So far, Dalian Machine Tool has not released its 2016 annual and 2017 first quarter results. On September 1, Shenyang Machine Tool (Group) Co., Ltd. (hereinafter referred to as “Shenyang Machine Tool Groupâ€) issued the “Announcement on the Loss of Performance in the First Half of 2017â€. According to the announcement, in the first half of this year, Shenyang Machine Tool Group achieved an operating profit of -85 million yuan and a net profit loss of 876 million yuan. "The loss amount has exceeded 10% of the company's audited net assets last year." This is the second consecutive year of Shenyang Machine Tool Group. Half-year loss; from 2015 to now, Shenyang Machine Tool Group's net profit loss totaled nearly 3.5 billion yuan. In addition, in the first half of this year, the total liabilities of Shenji Group reached 35.35 billion yuan, and the debt ratio exceeded 90%. 
(Shenyang Machine Tool Group's relevant financial data) Shenyang Machine Tool Group has two listed companies - Shenyang Machine Tool, Kunming Machine Tool. At present, due to poor performance, both listed companies have been ST. The mid-year report showed that in the first half of this year, the listed company's Shenyang machine tool lost 495 million yuan; Kunming machine tool lost 155 million yuan, and has been suspended. The two main subsidiaries are in deep trouble and the parent company is getting worse. On September 1, Shenyang Machine Tool Group announced the announcement of a loss of 876 million yuan in the first half of the year. In the announcement, Shenyang Machine Tool Group explained the main reasons for the loss of operating profit: First, due to the deterioration of the manufacturing environment, the downstream demand is sluggish, the return is not smooth, resulting in a decline in revenue, etc. Second, the profitability of traditional machine tool products The trend is getting narrower, and the company's adjustment effect on products and business structure has not yet appeared. In the semi-annual report announced by Kunming Machine Tool, in the first half of 2017, Kunming Machine Tool realized operating income of 275 million yuan (RMB, the same below), an increase of 8.56% year-on-year; net loss attributable to shareholders of listed companies was 155 million yuan, year-on-year. Increased by 42.00%; basic loss per share of 0.29 yuan.
(Shenyang Machine Tool Group's relevant financial data) Shenyang Machine Tool Group has two listed companies - Shenyang Machine Tool, Kunming Machine Tool. At present, due to poor performance, both listed companies have been ST. The mid-year report showed that in the first half of this year, the listed company's Shenyang machine tool lost 495 million yuan; Kunming machine tool lost 155 million yuan, and has been suspended. The two main subsidiaries are in deep trouble and the parent company is getting worse. On September 1, Shenyang Machine Tool Group announced the announcement of a loss of 876 million yuan in the first half of the year. In the announcement, Shenyang Machine Tool Group explained the main reasons for the loss of operating profit: First, due to the deterioration of the manufacturing environment, the downstream demand is sluggish, the return is not smooth, resulting in a decline in revenue, etc. Second, the profitability of traditional machine tool products The trend is getting narrower, and the company's adjustment effect on products and business structure has not yet appeared. In the semi-annual report announced by Kunming Machine Tool, in the first half of 2017, Kunming Machine Tool realized operating income of 275 million yuan (RMB, the same below), an increase of 8.56% year-on-year; net loss attributable to shareholders of listed companies was 155 million yuan, year-on-year. Increased by 42.00%; basic loss per share of 0.29 yuan.Strong quality Aluminum housing.with tempered glass and brightness LED chips.Option color or RGB color The LED wall washer has an illumination distance of 5-40 meters, which is especially suitable for the color painting of landscape buildings, outdoor squares, landscapes and walls, and displays. The protection grade reaches IP65, which can adapt to various temperature and humidity environments inside and outside. The colors have red/yellow/blue/green/white/color changing effects. Through the organic combination of colorful light and water, it produces a smart feeling and brings you a dreamlike mood.
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