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[Industry News]: SoftControl shares rank first in the world in rubber machinery

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June 4, 2024, 9:17 AM

Recently, the global rubber machinery industry has ushered in new development trends. According to the latest 2023 global rubber machinery industry performance report, the industry's sales revenue has continued to grow in the past year, with a growth rate of approximately 18.6% compared with 2022. This data clearly reflects that the global rubber industry is gradually recovering and showing strong growth momentum.

Among many rubber machinery companies, Soft Control shares performed particularly eye-catching. The company ranked first in the global rubber machinery industry with sales revenue of US$606 million, a year-on-year surge of 29%, demonstrating its strong market competitiveness and growth potential. According to the 2023 annual report recently released by Soft Control, the company achieved a net profit of 333 million yuan, an increase of 64.40% over the same period last year. The net profit deducted from non-profit attributable to shareholders of listed companies also recorded a significant increase of 72.43%. This performance is achieved due to the company's continuous investment in the research and development of new products and new technologies in recent years, as well as its diversified layout in the rubber new materials business field.

According to the Carbon Black Industry Network, among the top 10 companies in the global rubber machinery industry, Chinese companies have performed particularly well, occupying four seats and having a solid ranking. Among them, Chinese companies such as SoftControl, Sachi, DRUC and Guilin Institute continue to expand their influence in the global market. In addition, among the top 30 in the world, Chinese companies account for half of the country, with as many as 15 companies on the list, fully demonstrating the overall strength and international competitiveness of China's rubber machinery industry.