but can get listed indicators are mostly state-owned enterprises .

"A device backward enterprises want to compete in the future to expand market share, inherently difficult, not to mention the whole industry is now in decline." One market source said on condition of anonymity.
It is understood that Xiangyang bearing Although early in 1996 has been listed, but the 21st Century Network found that the company's brokerage analysts rarely went to research, company research reports can be described as very few.
1996 is not necessarily because companies listed on company performance is good, or excellent growth and other factors listed, the most common situation is listed by indicators, the local government has a certain market indicators, but can get listed indicators are mostly state-owned enterprises .
At the same time, Xiangyang Stainless steel slewing bearing in the top ten tradable shareholders, as wellas the top ten shareholders are also of limited institutional figure appeared, the past year, only Morgan Stanley Huaxin multifactorial Featured Strategic Equity Fund, Warburg Industrial Multi-Strategy Growth Fund; two raised funds coming out of them. (21st Century Network: Rao Yuzhe)"We are mainly equipment, technology, etc. with them there are still gaps, technology backwardness is mainly caused due to outdated equipment, so equity investment projects are mainly plant and equipment investment." Xiangyang bearing Securities Department a source said.
The sources told the 21st Century Network, the market share of the Xiangyang bearing is not very high, so plenty of room for future expansion. Especially exports, the recent earnings report is also reflected in the gradual increase in export revenue.