Recently, Jiangling Motors released the third quarter of 2009 performance report. The company's net profit in the third quarter was 336 million yuan, up 214.89% from the same period of last year. The gross profit rate was 28%, which was approximately 6 percentage points higher than the same period of last year. The company said that it was mainly due to the increase in sales volume and material costs.

In the first three quarters, Jiangling Motors sales revenue was 7.499 billion yuan, up 11.84% from the same period of last year; net profit was 769 million yuan, up 20.50% compared with the same period of last year. Earnings per share was 0.89 yuan, up 20.50% year-on-year. The return on net assets was 16.86%.

In addition, monetary funds increased by approximately RMB 1.714 billion compared to the end of last year, with an increase rate of approximately 113%, and the net cash flow from operating activities in the first three quarters increased by approximately RMB 2.17 billion, representing an increase of approximately 881% year-on-year, mainly due to sales volume. Growth, as well as the reduction of bills receivable and inventory, while at the same time the increase in accounts payable and advance receipts between suppliers and distributors.

From January to September, the company achieved a sales volume of 82,700 vehicles and a total output of 82,600 vehicles. The company's single-month sales have continued to rise since bottoming out in January and reached a historically high level in March. Although sales in August declined to a certain extent, sales of 11,335 vehicles were completed in September, a year-on-year increase of 56%, a 38% increase from the previous period, and a return to the peak of prosperity. Galaxy Securities stated that the policy of “light truck replacement and direct subsidies” and the sinking of sales channels and continuous improvement led to the rapid growth of sales of light trucks of Jiangling Motors. It will continue to be optimistic about the sales performance of the company in the fourth quarter. It is expected that sales volume will remain at more than 10,000 units in a single month.

Huatai Securities, on the other hand, said that domestic commercial vehicles have a good price/performance ratio, but subject to the ten-year agreement with Ford, the company’s Transit products have not been able to export. Now that the ten-year agreement period has passed and a major obstacle to the company’s product exports has been removed, Transit Light’s products are expected to open up new growth potential through exports in the future. In addition, the company will launch new products for various products in the future, which will help improve the company's performance growth potential in the coming years.

Blended Powder

A blended powder of tungsten carbide and Metal Alloy Powder can be used for laser cladding, a process used to deposit a layer of material onto a substrate using a laser beam. This blended powder is typically used as a feedstock material for laser cladding applications where high wear resistance and hardness are required.

Tungsten carbide is a hard and wear-resistant material that is commonly used in cutting tools, mining equipment, and other high-wear applications. It has excellent thermal conductivity and high melting point, making it suitable for laser cladding processes.

Metal alloy powders, on the other hand, are often added to the Tungsten Carbide Powder to enhance certain properties or tailor the characteristics of the final cladding layer. These metal alloys can include nickel, cobalt, chromium, or other elements, depending on the specific requirements of the application.

The blended powder is typically prepared by mixing the tungsten carbide and metal alloy powders in the desired ratio. This mixture is then fed into a laser cladding system, where it is melted using a high-power laser beam. The molten powder is rapidly solidified onto the substrate, forming a dense and wear-resistant cladding layer.

The resulting cladding layer can have excellent hardness, wear resistance, and thermal conductivity, making it suitable for various applications such as tooling, wear parts, and surface protection. The specific properties of the cladding layer can be adjusted by varying the composition and ratio of the tungsten carbide and metal alloy powders in the blend.

Overall, the blended powder of tungsten carbide and metal alloy powder offers a versatile and customizable solution for laser cladding applications, providing enhanced wear resistance, hardness, and other desired properties to the final cladding layer.

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Luoyang Golden Egret Geotools Co., Ltd , https://www.xtclasercladding.com