The "Automotive Industry Prosperity Index" in the First Quarter Shows Steady Growth of Domestic Automobiles

In the first quarter of this year, the domestic automotive industry ended high and began to grow steadily. The "China Automotive Industry Prosperity Index" released yesterday showed that in the first quarter of this year, the domestic automotive industry prosperity index was 102.2, which was a 1.0 point drop from the previous quarter. This indicates that the auto industry has finished high and entered a steady growth. The early warning index for the automotive industry in the first quarter was 106.7 points, which was 13.3 points lower than the previous quarter. It entered the “green light area” from the “yellow light area”, that is, it fell back from the hot area to the normal area. In the first quarter, the automotive industry's entrepreneurial confidence index was 98.8, which was 9.2 points lower than the previous quarter. It fell below the critical value of 100, indicating that entrepreneurs are not optimistic about the future of the auto industry.

According to reports, in the first quarter of this year, due to the impact of macro-control and a number of incentives for phasing out auto consumption policies, the growth rate of automobile production and sales fell sharply, and the auto industry returned to normal operation. Therefore, the first quarter of the automotive industry climate index showed four characteristics, the industry climate index continues to fall, has now returned to the normal range; automotive production and sales indicators in the "green zone" operation; industry profit index from "green" to "light blue "Indicating that the overall economic efficiency of the industry has shown signs of decline; entrepreneurs are less satisfied with the industry condition in the first quarter and are more pessimistic about future expectations.

In this regard, the industry experts said that from the development trend of the three quarters of this year, the industry climate value will be near the moving average; the impact of the Japanese earthquake on the domestic auto industry remains to be seen, but the overall negative effect will not be too much; due to refined oil The high prices, the increase in parking fees in some cities, and the increase in car prices will all lead to a strong wait-and-see atmosphere in the auto market. Experts said that in the medium and long term, the demand potential of the automotive market is still very large, automobile consumption is entering the popularization stage, and the domestic automobile industry has at least a 10-year growth period.


Forging/Casting Gears:


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Product introduction:

Gear is a mechanical element with teeth on the flange which can continuously meshing and transmitting motion and power. It is also a mechanical part with teeth which can mesh with each other. The diameter of a big gear is twice that of a pinion.

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Luoyang Hong Xin Heavy Co., LTD. is located in Luoyang Xin'an Industrial Park, Luoyang Hongxin Heavy Machinery Co., Ltd is an enterprise featured with industrial designing, processing and manufacturing, which is qualified for import-export trade. Covering an area of 15,000 square meters and holding an annual production value of 80 million RMB, the company of 20 million RMB registered capital has total 100 staff members, among which there are 20 engineering technicians owning senior and medium professional titles and 40 intermediate and senior technicians capable of product designing and developing.

Hongxin is dedicated to produce reducers, hoists, crushers, Ball Grinding Mills and the equipments of screening, coal washing, metallurgy and cement, and replacement parts. Meanwhile, we provide the perform maintenance service for various series of equipments. There are 52 large-scale equipments applied into the manufacturing process, such as T200 CNC floor boring and milling machine, YK 73125 CNC molding gear grinding machine, YK322B CNC molding gear grinding machine, Y3200 gear hobbing machine, Y1600 CNC gear sharper, 4m vertical lathe, 6.3m CNC vertical lathe, T110 CNC boring machine, and 52 middle-sized productive and assistive equipments, which integrate strong manufacturing and processing capability with complete managing system of production and technology, quality management system and comprehensive testing measures

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Forging/casting Gears

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Luoyang Hongxin Heavy Machinery CO., TLD. , http://www.hxreducer.com