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Minute of Suzhou Industrial Park Kaida Venture Capital
2012-3-5 14:41:19 来源: 作者: 浏览次数:6237 次

      On Feb 29th 2012, Suzhou Industrial Park Kaida Venture Capital held the first meeting attended by all Suzhou Kaida employees. Mr. Wang Yulong, Chairman of Kaida delivered a brilliant speech about the status quo of America’s economy. And CEO of bimetal project was also invited to the meeting and carried along a deepened discussion with attendees on the future of bimetal industry and characteristics of bimetal products.

 

      Chairman Wang stated, “according to latest statistic data, the fourth quarter of America’s GDP growth rate was year-on-year 3%, the highest since the second quarter of year 2010. The economic growth stemmed from inventory accumulation. Also, February PMI issued by the Institute for Supply Management indicates a ten-month high, rising from 60.2 to 64. Gradual expansion of manufacture industry is also seen in many areas, especially auto-mobile related sectors. Apart from seasonal goods, the volume of consumption is increasing, so we hold a positive view about the near-future sales. As speaking to real estate sector, the market is bouncing up with indicators of rising volumes of sales and construction projects”.

     

      Chairman Wang also expressed, “Consumer gives the power to revive American economy. Though the rising oil price might temporarily trigger a round of inflation that decreases dollar value, I believe the U.S. government and Fed will employ both fiscal and monetary policies that curb inflation and decrease unemployed population.”

 

       CEO of bimetal project stated, “The burgeoning bimetal industry is exploding for peer products are eclipsed by bimetal features – pollution-free, anti-thief, safe-to-use, and cost efficient. The production of bimetal raw materials is wholly free from emitting any pollution, which is quite favored by China’s Twelfth Five-Year Plan Policy. In addition, its unique structure ruled out any possibility of stealing bimetal products, and this kind of high-quality bimetal product is becoming a sound replacement of middle or inferior products. Most importantly, the price of heavy metal is escalating and the cost-efficient advantage of bimetal products attracts both the market and investors.”

 

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