The hottest Weilong valve achieved operating reven

Weilong valve achieved an operating revenue of 133 million yuan in the first half of 2017

Weilong shares (002871) the 2017 semi annual report showed that the company achieved an operating revenue of 133 million yuan in the first half of 2017, an increase of 5.69% year-on-year; The net profit attributable to shareholders of listed companies was 28.9039 million yuan, an increase of 36.42% year-on-year; The R & D investment was 4.681 million yuan, accounting for 3.5% of the total revenue in the first half of the year, with a year-on-year increase of 46.74%

the 2017 semi annual report of Weilong shares (002871) shows that the company achieved an operating revenue of 133 million yuan in the first half of the year, an increase of 5.69% year-on-year; The net profit attributable to shareholders of listed companies was 28.9039 million yuan, an increase of 36.42% year-on-year; The R & D investment was 4.681 million yuan to avoid damaging the tip of the oil needle, accounting for 3.5% of the total revenue in the first half of the year, with a year-on-year increase of 46.74%

guochengni, international sales director of Qingdao Weilong Valve Co., Ltd., said that Chinese national brands should win a position and voice in the global market and continue to develop new products; Strictly control product quality management; It is particularly important to adhere to the construction of national independent brands. In July 2016, after Weilong valve was recognized by the national cnas/dilac laboratory, it obtained the qualification of UL recognized witness testing laboratory in November, and obtained eight standard witness testing qualifications, covering Weilong's main series of products. In May 2017, Weilong (002871) A-share was listed, laying the foundation for the global market competition of Weilong valves

according to industry research, the global valve market has exceeded US $62billion, with a compound annual growth rate of 6.5% in recent years. It is expected to exceed US $85billion in 2019, and the market focus will gradually shift to developing countries. According to McIlvaine, the demand ratio of the water treatment industry in the global and Chinese valve markets in 2012 was 14.07% and 14.98% respectively, both of which belong to the second largest application field. The market scale of valves in the field of municipal water and sewage treatment shows a steady growth trend. The global market scale of water supply and drainage valves will reach nearly $8billion, with a compound growth rate of 5.7%. Large-scale and high-end are the trend

Weilong Co., Ltd. specializes in water supply and drainage valves, and has formed eight series of products mainly including gate valves, butterfly valves, regulating valves, check valves, etc., with a total of more than 150 models and more than 2000 specifications. It provides products and solutions for downstream applications such as urban water supply and drainage systems, fire water supply systems, air conditioning and HVAC systems, and sewage treatment systems, and can meet customers' one-stop procurement needs. The technology and process of adding gate without water supply developed by the company is the first in China and has reached the international advanced level. After listing, the company increased investment in product research and development, and raised funds to build the "large-scale and special-purpose valve production project and R & D technology center project", which provides a strong guarantee for meeting market demand and improving R & D technology, and also has poor compatibility with other polymers in blending processing with other polymers

according to Guo Chengni, R & D investment and product quality have promoted the popularity and brand recognition of self owned brand weflo. In the past three years, the proportion of self owned brand revenue has increased steadily, and the sales amount has increased from 95.5365 million yuan in 2014 to 110 million yuan in 2016, accounting for nearly 50%. With the continuous increase of self owned brand sales revenue, the company's profit margin is expected to further improve, and fund-raising projects involve large High end valve production line and special product line projects will also further improve the company's product structure and improve the company's competitiveness and profitability

Weilong products have been sold to more than 50 countries and regions in Europe, North America, the Middle East, South America, Asia, Oceania, etc. over the years. In recent years, it has paid attention to the market expansion of the Belt and Road countries such as Dubai, India, Vietnam, etc., and has not fully developed the domestic market. With the upgrading of domestic market norms, the high-end market demand has increased, and the construction investment of comprehensive underground pipe gallery, xiong'an new area, etc, Weilong shares is expected to accelerate the occupation of domestic and foreign high-end water supply and drainage valve markets. Guochengni, international sales director of Qingdao Weilong Valve Co., Ltd., said that Chinese national brands should win a position and voice in the global market and continue to develop new products; Strictly control product quality management; It is particularly important to adhere to the construction of national independent brands. In July 2016, after Weilong valve was recognized by the national cnas/dilac laboratory, it obtained the qualification of UL recognized witness testing laboratory in November, and obtained eight standard witness testing qualifications, covering Weilong's main series of products. In May 2017, Weilong (002871) A-share was listed, laying the foundation for the global market competition of Weilong valves

according to industry research, the global valve market has exceeded US $62billion, with a compound annual growth rate of 6.5% in recent years. It is expected to exceed US $85billion in 2019, and the market focus will gradually shift to developing countries. According to McIlvaine, the demand ratio of the water treatment industry in the global and Chinese valve markets in 2012 was 14.07% and 14.98% respectively, both of which belong to the second largest application field. The market scale of valves in the field of municipal water and sewage treatment shows a steady growth trend. The global market scale of water supply and drainage valves will reach nearly $8billion, with a compound growth rate of 5.7%. Large-scale and high-end are the trend

Weilong Co., Ltd. focuses on water supply and drainage valves, and has formed eight series of products, including gate valves, butterfly valves, regulating valves, check valves, etc., which are the main raw materials for the preparation of expandable polystyrene particles, with a total of more than 150 models and more than 2000 specifications. It provides products and solutions for downstream applications such as urban water supply and drainage systems, fire water supply systems, air conditioning and HVAC systems, and sewage treatment systems, and can meet customers' one-stop procurement needs. The technology of installing gate without stopping water developed by the company in the new trends of sound insulation and noise reduction and lightweight metal replacement is the first in China, reaching the international advanced level. After listing, the company increased investment in product research and development, and raised funds to build the "large-scale and special-purpose valve production project and R & D technology center project", which provides a strong guarantee to meet market demand and improve the level of R & D technology

according to Guo Chengni, R & D investment and product quality have promoted the popularity and brand recognition of self owned brand weflo. In the past three years, the proportion of self owned brand revenue has increased steadily, and the sales amount has increased from 95.5365 million yuan in 2014 to 110 million yuan in 2016, accounting for nearly 50%. With the continuous increase of self owned brand sales revenue, the company's profit margin is expected to further improve, and fund-raising projects involve large High end valve production line and special product line projects will also further improve the company's product structure and improve the company's competitiveness and profitability

Weilong products have been sold to more than 50 countries and regions in Europe, North America, the Middle East, South America, Asia, Oceania, etc. over the years. In recent years, it has paid attention to the market expansion of the Belt and Road countries such as Dubai, India, Vietnam, etc., and has not fully developed the domestic market. With the upgrading of domestic market norms, the high-end market demand has increased, and the construction investment of comprehensive underground pipe gallery, xiong'an new area, etc, Weilong shares is expected to accelerate the occupation of domestic and foreign high-end water supply and drainage valve markets