Huarui: electricity supply, marine castings still exist gaps

Panoramic network April 8 huarui (002204) today held in Panorama network 2008 annual results presentation in the afternoon, Guo Yongsheng, General Manager of the company said that despite the financial turmoil, and castings for ship power market at home and abroad there are still gaps in the market.

Guo Yongsheng pointed out that in 2009 from the effects of the international financial crisis and economic downturn, the company's product development and sales are restricted. Based on the available information, individual projects have delayed the construction of the thermal power and hydropower market, marine castings under the influence of foreign owners significantly drop in market demand.