Qin-Chuan development of the medium-term net profit of 55.68 million Yuan Rose 6.74%

NetEase Financial August 5 News Qinchuan Development Thursday Evening released 2010.5 Annual report.　　In the first half of 2010, Qinchuan Development completed operating income of 667 million yuan, an increase of 33.49%, to achieve the ownership of the listed company's shareholders net profit of 55.68 million yuan, an increase of 6.74%. Semi-annual reports show that the first half of 2010, the continuation of the 2009-year period after the improvement of the business trend, the macroeconomic continued to rebound, equipment manufacturing industry to rebound steadily, the machine tool market recovery situation exceeded expectations. Qinchuan development of sales orders to increase rapidly, especially in Nanjing, Beijing, the promotion of the exhibition, 四、五、六月 continuous increase in orders, to bring good development opportunities for enterprises.　　But the increase in demand at the same time the production capacity is more tight than last year, for this, Qinchuan development actively take measures to properly equipped with various factors of production, strengthen internal management, timely adjustment operation plan, ensure delivery time, ensure the continuous and steady development of production and operation. Qinchuan Development predicts that in the second half of 2010, the macroeconomic will be difficult to continue the first half of the rapid growth momentum, which is bound to the machine demand market formation.　　To this end, Qinchuan Development said, will further adjust the product structure, continue to strengthen the key industries, major projects, major customer research efforts to speed up the new product into the high-end market speed, to enhance the delivery of the contract has reached the capacity.　　Profit distribution: Qinchuan Development said that the company 2010 medium-term profit does not allocate, also does not implement the Provident Fund to increase the share capital. Related topics: Semi-annual report of 2010 listed Companies