Revenue of 2.32 billion, down 62% Jinlong's loss of 0.53 billion in the first quarter, a decrease of 2 times


On April 29, Xiamen Jinlong Automobile Group Co., Ltd. released its first quarterly report for 2017. The report shows that Jinlong Motor’s operating revenue for the first quarter of 2017 was 2.32 billion yuan, a year-on-year drop of 62.01%. Among them, the net profit attributable to the shareholders of the listed company was RMB 53 million, a 194.54% year-on-year drop.



Situation description

Suzhou Jinlong Company had irregularities in applying for 2015 central government subsidy funds for new energy vehicles, involving 519.21 million yuan in subsidies from the central government, and the Ministry of Finance decided to recoup the central government's pre-arranged funds of 519.21 million yuan to Suzhou Jinlong Co., Ltd., according to the amount of non-compliance issues. 50% of the administrative penalty was 259.65 million yuan fine, and at the same time from 2016, the central government financial subsidies for Suzhou Golden Dragon were disqualified. The “Decision of Processing” also required Suzhou Golden Dragon to seriously rectify the problems it identified, and after the completion of the rectification and acceptance by the four ministries and commissions, it could restore Suzhou Central's financial subsidies.




Gas-Phase Ultrasonic Cleaning Machine

The principle of gas-phase cleaning machine is as follow. When the solvent is heated, the steam forms the gas phase zone. In this area, the oil on the surface of the workpiece is dissolved and washed by steam. When the steam condenses, the dirt along with the grease falls back into the tank to become the cleaning fluid. Then, the cleaning fluid is heated and gasified into steam to clean the workpiece. This continuous cycle ensures the workpiece is always surrounded by the steam of cleaning fluid which overcomes the problem of contaminated cleaning fluid in the past common cleaning process.

Heat Exchanger Cleaning Agent/Metal Decreasing Agent


Trichloro ethylene, tetrachloro ethylene, dichloromethane,  isopropyl alcohol have very good cleaning effect with high stability, long usage period when they are used as metal cleaning agent. In Heat Exchanger factories, these degreasing agents are widely applied in cleaning fins, bars, parting plates, tanks and other Heat Exchanger Parts . After these heat exchanger parts with oil stain are soaked in the cleaning agent and cleaned by supersonic, they`ll be very clean which also ensure heat exchanger with good brazing quality.

Heat Exchanger Cleaning

Heat Exchanger Cleaning,Heat Exchanger Tube Cleaning,Ultrasonic Automatic Cleaning Machine,Cleaning Of Tube Heat Exchangers

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