Zhejiang Double Arrow Rubber Co., Ltd. released 2017 annual report on April 9, on which it revealed that Zhejiang Double Arrow achieved the operating revenue of 1.138 Billion Yuan in 2017, a rise of 6.15% year-on-year (the same below), the operating profit of 122 Million Yuan, a rise of 199.42% and the retained profit attributable to shareholders of the listed company of 113 Million Yuan, a rise of 108.73%. 37.6393 million m of various conveyor belts was produced, increasing by 6.84% and 36.695 million m2 was sold, increasing by 6.43%.

The main reasons for the large growth of corporate profits include exploiting the domestic and foreign markets and accurately grasping the market quotation and trend to timely adjust the marketing planning and build a trusted client network; overall improving the business management and steadily carrying out 6S modern enterprise management mode to effectively decrease the purchase cost and enhance business economic benefit; strengthening the capacity for technological innovation, intensively promoting university-industry cooperation and establishing postdoctoral workstation based on industrial green technology development, for which, the technical center of the company is recognized as energy-saving and environmental conveyer belt technical center for China rubber industry; optimizing asset structure and collecting advanced resources to make its main conveyer belt business stronger and bigger; expanding its pension and health industry to develop new growth point of profits; and actively pushing forward the One Belt One Road project. For example, the UZ conveyer belt technical project is vigorously promoted as schedule.

(Si Xianchao)