Industrial profit decline continued to narrow in the first half of the year

Statistics Bureau released news that in the first half of this year, China's 22 regions achieved a profit of 894.14 billion yuan, down 21.2% year-on-year, a decrease of 3.4 percentage points from January to May.

From an industry perspective, industries with significantly higher profits or smaller declines are still concentrated in areas that benefit from fiscal stimulus. Among the 39 industrial categories surveyed, 27 industries were profitable. The profit of non-ferrous metal smelting and rolling processing industry was 13.91 billion yuan, an increase of 4.98 billion yuan from January to May. The profit of petroleum processing and coking industry was 41.14 billion yuan, up 193.3% year-on-year. The power industry earned 7.7 billion yuan, from January to May. The profit increased by 2.34 billion yuan, and the profit of special equipment manufacturing industry increased by 4.4% year-on-year. The growth rate was 1.7 percentage points higher than that of January-May.

In addition, the profit of the steel industry decreased by 85.0% year-on-year, which was slightly narrower than the year-on-year decline of 97.2% from January to May. The transportation equipment manufacturing industry decreased from a drop of 7.2% in January-May to a decline of 1.1%, and the profit of the chemical fiber industry decreased from a decrease of 30.7% in January-May to a decrease of 4.6%.

"Although overall, industrial profits still showed negative year-on-year growth, but the year-on-year decline has narrowed, and the rebound of some industries' ring-to-quarter data indicates that China's industrial production has clearly shown signs of bottoming out." Chief Economics of Industrial Bank's Capital Operation Center The political commissar Lu said.

At the same time, data on industrial accounts receivable shows that optimism about future economic growth is strengthening. According to statistics from the Bureau of Statistics, industrial receivables in 22 regions at the end of June were 316.61 billion yuan, a year-on-year increase of 9.1%, an increase of 0.5 percentage points over the end of May.

Gabion Mesh made from a hexagonal double twisted wire mesh with the mesh type 80x100mm and 100x120mm with the heavily galvanized wire and Gal fan wire (ZINC -95%,ALUMINIUM -5%) / super gal fan wire(ZINC -90%,ALUMINIUM -10%)

gabion mesh are filled with natural stones at the project site to form flexible, permeable, monolithic structures such as Retaining walls, sea walls, channel lining, revetments, and wires for erosion control projects.

gabion basketwelded gabion mesh

The diaphragm assure minimum stone migration within the basket, thus gives strength to the container to retain its original shape and does not unravel or unzip in adverse conditions. Woven units can also be easily amended on site and shaped to suit project requirements.

Gabions Manufacturing

The gabions shall be manufactured from double twist hexagonal woven wire mesh in accordance with EN10223-3

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Welded Gabion Mesh

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Gabion mesh size

The mesh openings should be hexagonal and of nominal dimension of 60x80mm/80x100mm/100x120mm and conform to EN 10223-3

Gabion Mesh wire

The nominal mesh wire for the body of the gabion should be 2.7mm in diameter and of a nominal 3.4mm for the selvedge wire. Both the body wire, selvedge wire and lacing wire should be in accordance with EN 10218-2 and EN 10223-3

Gabion CORROSION PROTECTION

Zinc galvanized to EN 10244-2 Class A 2.7mm (245g/m2) / 3.4mm (265g/m2) / 2.2mm (230g/m2)

Gabion JOINTING

All jointing and connections should be formed with continuous 2.2mm zinc galvanized wire or high tensile 3mm diameter zinc galvanized [C" rings.

Gabion DIAPHRAGMS

Flexed as 1m c/c across the gabion width for all gabions equal to or greater than 2m in length

Gabion Basket Material:

Hot dipped galvanized wire

Gal fan wire

Gal fan is another type of galvanizing coating that has a small percentage of aluminum added (5%AL + 95%ZN or 10%AL + 90% ZN) and is considered to perform better than standard galvanizing.

Super gal fan coating (10%AL+90%ZN)/+PVC coating

Gal fan coating (5%AL+95%ZN)/+PVC coating

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