3 billion yuan in the first quarter, China Federation of new business to welcome the dawn

The first performance report released by ZOOMLION in 2016 showed that during the reporting period, the total operating income of the company was about 3 billion 24 million yuan, down 20.07% compared to the same period last year, and net profit was about 660 million yuan, down 72.25% compared to the same period last year.

The report shows that the company's performance change is mainly due to the marketing transformation of the construction machinery sector, and the sales business has been affected from 1 to February. In addition, the factors such as employee turnover compensation and exchange rate changes also affect the company's current profits. However, the transformation and upgrading of the company is still steadily advancing, and the quality of its operation has also continued to improve.

Faced with the complex economic situation, ZOOMLION continues to promote transformation, upgrading and management reform around the "2+2+4 strategy". It optimizes business ideas, builds quality and stores energy in the face of adversity.

The transition from the point of view, the first quarter of the company to agricultural machinery, environmental industry as the representative of the two big emerging sector year-on-year revenue still maintain growth, its revenue ratio from 38% in 2015 to further improve to more than 40%, has been transformed into a set of four plates of engineering machinery, environmental industry, agricultural machinery and financial services in one of the the equipment manufacturing enterprises.