Haitian Semen's First Half Non-net Profit Growth of 111.80% Is Expected to Become the Machine Tool Industry's New Standard-bearer

Recently, China's high-end CNC machine tools led enterprises Haitian Sechin issued the 2020 mid-year report, the company achieved operating income of 676 million yuan in the first half of the year, an increase of 30.60 percent over the same period last year; Feng Sheng of China-Thai Securities Research Institute believes that with the acquisition of Dalian machine tools and Shenyang machine tools in 2019, the beginning of the merger and reorganization of the machine tool industry has begun, the competitive landscape of the domestic machine tool industry will be gradually optimized, the machine tool market is expected to continue to clear, with technical advantages of private machine tool enterprise profitability is expected to be further strengthened, the future development of broad space. Haitian Semen is expected to become a new standard-bearer in the national machine tool industry.