"Twelfth Five-Year Plan" instrument industry will reach a total profit of 71.3 billion

With the promulgation of the 12th Five-Year Plan and the announcement of the 12th Five-Year Plan for the instrumentation industry, the instrumentation industry will usher in a new journey of large-scale development in the next five years. In the next five years, the production and sales value of the instrumentation industry will increase by an average of 15% per year, with an accumulative increase of over 74.9%. The scale of instrument sales will nearly double during the 12th five-year period. During the period, the industry's total profit will reach 71.3 billion yuan, with an average annual increase of 13%; the main operating profit margin will reach 8.5%-9%, and total assets will reach 870 billion yuan.

The year 2011 is the first year for the implementation of the Twelfth Five-Year Plan, and it is also a critical year for China's economic and social transformation. In order to enable the instrumentation industry to better implement the Twelfth Five-year Instruments and Meters Technology and Industry Development Plan in China, and specifically understand the demand for instrumentation in key industries, it is sponsored by the China Instrument and Control Society and the Automatic Control Engineering Design Committee of the China Instrument and Control Society. The "12th Five-Year Plan for Key Industries for Instrumentation and Control System Demand Report" co-organized by Fujian Shangrun Precision Instrument Co., Ltd. was held on August 30, 2011 at the China International Exhibition Center in Beijing.

A total of more than 200 representatives of design institute leaders, experts and instrumentation manufacturers from 15 industries, 25 provinces, cities and regions participated in the meeting. As a co-organizer, Mr. Zou Chong, Vice President of the Company, addressed the opening ceremony of the meeting on behalf of Shangrun Enterprises. Mr. Zhou Daochun, Marketing Manager, briefed Yuhui representatives on the current status and business ideas of Shangrun.

At the meeting, over a dozen industry experts such as thermal power, new energy, hydropower, nuclear power, petroleum and chemical industry, offshore oil and gas, coal chemical industry, steel, coking and refractory, mineral processing and sintering, non-ferrous metallurgy, textile and chemical fiber, papermaking, and coal-to-oil etc. Twelve five instrument demand reports were made.