The company's main business is single, mainly engaged in the production of automotive engine crankshaft, and has become the leading domestic industry. In 2009, the main business income was 75,795,100 yuan and net profit was 111,505,000 yuan. Looking into the future, as the raised projects are about to be put into production, it is expected that the peak of expansion will be ushered in this year and next year and the rapid growth of the business will be achieved. The highlights are: 1. The company’s IPO raised funds to invest in the construction of the Xichai heavy truck crankshaft production line project, the Cummins heavy truck light truck crankshaft production line project, and the Weichai heavy truck crankshaft production line project. The project will be completed and put into production this year, which is expected to bring new annual net profit to the company. 10,968 million yuan. 2. Using IPO to raise funds excessively and invest in the heavy engine crankshaft casting production line project under construction. It is expected that it will be put into production in early 2011, and the company will bring total profit of 86.18 million yuan to the company after it reaches full production capacity. The application of terephthalic acid is relatively concentrated. More than 90% of terephthalic acid in the world is used to produce Polyethylene terephthalate. Another important application of terephthalic acid is the production of plasticizers, including two Category: The first category is dioctyl terephthalate (DOTP), which is the product of the esterification reaction between terephthalic acid and industrial octanol (2-ethylhexanol). It is a high flash point, The high-quality plasticizer with high specific resistivity is especially suitable for the production of cable materials with high heat resistance and insulation requirements; the second is polyester plasticizer, which is terephthalic acid and polyol (such as diethylene glycol, Triethylene glycol, glycerin, propylene glycol, butylene glycol, etc.) are the products of esterification polycondensation reaction, and their relative molecular mass is generally between 1000-4000. Purified Terephthalic Acid,Pure Terephthalic Acid,Terephthalic Acid Price,Purified Terephthalic Acid Manufacturing Process QINGDAO LONG-TERM COOPERATION CHEMICAL TECHNOLOGY CO.,LTD , https://www.qd-ltc.com