Total profits of instrument industry in the 12th Five-Year Plan will reach 71.3 billion

With the announcement of the "Twelfth Five-Year Plan" and the announcement of the "Twelfth Five-Year Plan" of the instrumentation industry, the instrumentation industry will usher in a new journey of large-scale development in the next five years. In the next five years, the production and sales value of the instrumentation industry is expected to grow at an average annual rate of 15%, with an accumulative increase of over 74.9%. The scale of instrument sales will nearly double during the “Twelfth Five-Year Plan” period. During the period, the industry's total profit will reach 71.3 billion yuan, with an average annual increase of 13%; the main operating profit margin will reach 8.5%-9%, and total assets will reach 870 billion yuan.

The year 2011 is the first year for the implementation of the “Twelfth Five-Year Plan” and is also a key year for China’s economic and social transformation. In order to enable the instrumentation industry to better implement the "Twelfth Five Year" instrumentation technology and industry development plan in China, and specifically understand the demand for instrumentation in key industries, the China Instrument and Control Society, the China Instrument and Control Institute Automation Engineering Design Committee Sponsored by Fujian Shangrun Precision Instrument Co., Ltd., [12th Five-Year Plan for Key Industries for Instrumentation and Control System Demand Report] was held on August 30, 2011 at the China International Exhibition Center in Beijing.

A total of more than 200 representatives of design institute leaders, experts and instrumentation manufacturers from 15 industries, 25 provinces, cities and regions participated in the meeting. As a co-organizer, Mr. Zou Chong, Vice President of the Company, addressed the opening ceremony of the meeting on behalf of Shangrun Enterprises. Mr. Zhou Daochun, Marketing Manager, briefed Yuhui representatives on the current status and business ideas of Shangrun.

At the meeting, over a dozen industry experts such as thermal power, new energy, hydropower, nuclear power, petroleum and chemical industry, offshore oil and gas, coal chemical industry, iron and steel, coking and refractory, mineral processing and sintering, non-ferrous metallurgy, textile and chemical fiber, papermaking, and coal oil All have made "12th Five-Year" instrumentation demand report.