Yicheng company passed the report - the sales revenue in the first quarter was 960 million yuan

On April 8th, Zhongping Nenghua Group Yicheng New Materials Co., Ltd. sent a good news: In the first quarter of this year, the company achieved sales revenue of 960 million yuan, a year-on-year increase of 140%.
"This is a gratifying achievement that we have achieved on the basis of a substantial increase in the company's sales revenue year after year." Sun Yi, chairman of the company, said that Yicheng New Materials Co., Ltd. is a company that produces silicon carbide micropowder. The income was around 10 million yuan, and it was on the verge of bankruptcy because of the inability to pay. A few years ago, under the leadership of the new leadership team, with the strong support of Zhongping Nenghua Group, the broad masses of cadres and workers of the company took the initiative to continuously increase the intensity of project construction, and achieved year-on-year growth of 300%. Achieved a leap-forward development.
Last year, under the impact of the international financial crisis, the company expanded against the trend. After acquiring two silicon carbide raw material enterprises in Qinghai and other places, it invested in the second phase of the silicon carbide cuttings project and put into production at the end of the year to expand the annual production capacity. To 600 million tons, it has become the world's largest producer of silicon carbide cuttings. They also adopted a business strategy of letting the market not allow the market, and on the basis of consolidating old customers, they also developed a number of new customers, achieving sales revenue of 2.8 billion yuan that year.  

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