In the first three quarters, Bacheng Motor Company's net profit declined

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In recent days, approximately 40% of automotive companies in Shenzhen and Shanghai have released their third-quarter financial reports. Overall, while about half of the companies reported year-on-year revenue growth, a staggering 80% saw a decline in net profit. This trend is particularly evident in the sedan segment, where few companies are performing well. However, 20% of the listed companies are primarily involved in passenger car manufacturing and auto parts production. The gross profit margin for many car manufacturers has declined, while operating expenses have risen significantly. For instance, Shanghai Automotive (600104) reported a 23% year-on-year drop in net profit, and Changan Auto (000625) experienced a 32% decline. The main factors behind this profitability slump include falling vehicle prices and a sharp increase in operational costs. Companies have either actively or passively adjusted their pricing strategies to remain competitive. Regarding the rise in operating expenses, many firms attribute it to intense market competition, which has forced them to boost marketing budgets. Additionally, some companies have seen a significant increase in accounts receivable and inventory levels compared to the start of the year, adding further pressure on their cash flow. Passenger car manufacturers continue to face declining gross profit margins. While most bus companies maintained some level of revenue growth in the third quarter, Yaxing Bus (600213) was an exception. Despite already low gross profit margins—typically between 10% and 15%—the fierce competition caused a further reduction in margins, leading to lower overall profits. In the cargo vehicle segment, the impact of macroeconomic control policies has been significant. Big Star Ma Automobile (600375), which specializes in bulk cement trucks and concrete pump trucks, saw its main business income and profits drop by around 40% in the third quarter. The company cited government measures aimed at curbing overheated industries, reduced fixed asset investment, and tighter bank credit for auto consumers as key reasons. Auto parts companies, although showing strong growth in the third quarter, still struggled with profit margins. Due to falling vehicle prices and rising raw material costs—especially steel—many auto parts firms saw their gross margins shrink, directly contributing to a year-on-year decline in net profit. This overall performance highlights the challenges facing the Chinese automotive industry, as companies grapple with price pressures, rising costs, and shifting market conditions. (According to "Securities Times")

Excavator Swing Motor

The excavator swing motors of ZHTE HYDRAULIC have the following characteristics:

I. Strong R & D strength:

The company has a high-quality scientific research team and a high-tech modern factory, including:
1. The enterprise has more than 50 sets of various testing and inspection instruments such as hydraulic pump test benches and three-coordinate measuring machines.
2. The enterprise invites domestic and foreign engineers to conduct on-site training to cultivate technical talents, including five quality engineers and technical engineers from South Korea.
3. The enterprise has more than 1,000 sets of domestic and foreign CNC processing and manufacturing equipment, including enterprise resources.
4. Various types of high-end CNC equipment such as vertical and horizontal machining centers, CNC lathes, grinding machines, and hobbing-shaving production lines.
5. It has a number of patented technologies and has unique advantages in the structural design and performance optimization of excavator swing motors. For example, the hydraulic motor patent with a rotating ring device improves the service life of the internal components of the hydraulic motor.
They provide strong technical support for the research and development of excavator swing motors. Through continuous scientific research and breakthroughs, the technical level of products is continuously improved, and the quality gradually reaches the international level.

II. Excellent product performance:

Powerful, able to provide reliable slewing power for construction machinery and other equipment to meet the needs of various complex working conditions.
Stable operation. After careful design and strict testing, the excavator swing motor has good stability during operation, reducing downtime caused by equipment failures.
It has high efficiency and can effectively convert hydraulic energy into mechanical energy, reducing energy loss and improving the working efficiency of equipment.
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III. Wide adaptability:

The products are widely applicable to construction machinery vehicles such as crawler excavators of well-known domestic and foreign brands such as Doosan, Hyundai, Komatsu, Hitachi, Caterpillar, Rexroth, SANY, XCMG, and Liugong, and can meet the needs of different customers and different equipment.

IV. Reliable quality:

ZHTE HYDRAULIC pays attention to product quality control and conducts strict quality inspections in every link from raw material procurement to production and processing to ensure the reliable quality and long service life of excavator swing motors.
ZHTE HYDRAULIC's products have been widely used and recognized in the field of construction machinery with their technical advantages, excellent performance, wide adaptability and reliable quality.The market share of ZHTE HYDRAULIC's complete machine supporting products in China exceeds 65%. It has an ultra-long warranty period and is a product with high cost performance.

V. Production process:

1) Casting blank (inspection)
2) Rough turning (inspection)
3) Normalizing (inspection)
4) Finish turning (inspection)
5) Gear shaping (inspection)
6) Drilling (inspection)
7) Chamfering (inspection)
8) Carburizing treatment (inspection)
9) Gear chamfering and deburring (inspection)
10) Shot blasting treatment (inspection)
11) Inspection according to drawings, warehousing, and rust prevention (inspection)
12) Inspection before assembly
13) Cleaning before assembly
14) Assembly and installation (automated assembly line)
15) Product form and product performance test, pre-delivery test
16) Adding lubricating grease
17) Painting treatment (inspection)
18) Packaging and boxing (inspection)
19) Finished products are put into storage after packaging.
ZHTE HYDRAULIC’s excavator swing motors undergo full-process inspections, with strict quality control and guaranteed quality.

Our products

include: Excavator Hydraulic Pump, Excavator Final Drive ,Excavator Swing Motor, Excavator Travel Reducer, Excavator Swing Reducer, Swing Bearing ,Hydraulic Breaker

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XINGTAI ZHONGWEI ZHUOTE HYDRAULIC TECHNOLOGY CO.,LTD , https://www.zwzhtehydraulic.com