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15 July 2015

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Hunan SOEs See Good Start in Production and Marketing

2017-02-10 Download Print

The production management of state-owned enterprises (SOEs) with provincial oversight maintained a good development momentum in January, according to the data released from the State-Owned Assets Supervision and Administration Commission of Hunan Provincial People's Government on Feb. 8, 2017. These enterprises saw a good start in production and marketing in 2017.

Hunan Construction Engineering Group has spared no efforts to expand market, strengthen management, and improve economic returns since the start of the year. The business volume handled by the firm increased 51.75% year on year to over 11 billion yuan in January. Of which, about 5 billion yuan were related to PPP projects, a year-on-year growth of 16.11%.

Changfeng Motor focuses on the production management goals and maps out its work in a scientific way. In January, the company produced 9,863 complete vehicles and sold 9,658 ones, a yea-on-year increase of 20.3% and 21.7% respectively.

Hunan Transportation and Water Conservancy Construction Co., Ltd. signed 78 contracts worth 2.27 billion yuan at home and abroad in January.

The iron, steel, and other products of Hunan Valin Iron & Steel Group Co., Ltd. yielded 849,000 tons, 880,000 tons, and 839,000 tons respectively. The company’s sales revenue reached 4.13 billion yuan in January, making the highest gain of the same period in recent years.

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Translator: Xiao Juan

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