Summary of duties

Hebei Yichen Industrial Group is a leading supplier of railway fastener systems in China's railway industry. It has been involved in supplying railway fastener systems to China's railway industry for more than a decade. In 2015, Hebei Yichen Industrial Group accounted for about 17.1% of China's railway fastener system market. The existing railway fastener system has been used in the national railway network, including all four four-way high-speed channels. In addition, through the experience of collecting wealth, it has developed into one of the few manufacturers of railway fasteners in China that are capable of producing the core components of the railway fastener system. In addition, through cooperation with the collection company Yichen, the collection company has the ability to continue to supply all parts of the railway fastener system to meet the needs of all fields of the railway industry.

Thank you very much.

Collection is the leading supplier of railway fastener system in China's railway industry.

The collection is one of the seven suppliers of high-speed railway fastener systems in China that have obtained the product certificate of the China Railway Inspection Certificate Center.

Has a good track record of delivering high-volume products and has established a stable relationship with the main participants in China's railway industry.

Negative factor

Any decline in demand for railway fastener systems may have a significant impact on the revenue of the market.

The business, business conditions and operating conditions of the market may be affected by changes in the Chinese government's policy on the railway transportation industry.

The production process and future growth prospects of the market may be adversely affected by production capacity constraints.

The purpose of the income

About 31% is used for the production of high and heavy railway fasteners.

About 15% is used to research and test new products.

About 15% is used for general collection inside and outside the country.

About 10% of the guarantee money spent on project investment

About 4% is used for upgrading information systems and customized production facilities.

About 15% is used to increase raw materials.

About 10% is used to recharge financial resources.