Forging Machinery Branch 40 member units of statistical data shows that the 1-4 quarter of 2008, total industrial output value of 10.785 billion yuan, 9.863 billion yuan over the same period last year grew 9.35%; industrial sales output value of 10.672 billion yuan, 9.504 billion yuan over the same period last year an increase of 12.29%; product sales revenue 10.61 billion yuan, 9.647 billion yuan over the same period the previous year growth of 9.98 percent year-on-year; a total profit of 633 million yuan, 652 million yuan over the same period last year grew -2.85%; export delivery value of 1.226 billion yuan more than 980 million yuan year-on-year growth of 25.07 percent year-on-year; industrial products sales rate of 98.96 percent, 96.36 percent year-over-year increase of 2.60 percentage points year-on-year; 1.023 billion yuan in profits and taxes, than the 1.066 billion yuan year-on-year growth of -4.05% year-on-year .

Can be seen from the above data, the year 2008, forging machinery industry of the major economic indicators remained relatively large growth in gross industrial output value, product sales revenue growth rate at around 10%, while industrial sales output value of the growth rate of more than 12%, industrial products The sales rate is still at a high level to increase by 2.6 percentage points. However, the data showed the financial crisis has given the negative impact of the industry. As a result of rising raw material prices, labor costs increase, cash flow difficulties, decline in the economic efficiency of enterprises, the profit decline in the total amount of annual profits in 2008 declined by nearly 3% pre-tax profits fell by 4%.