In 2006, the Hangzhou Oxygen Concentrator Group realized a sales revenue of 3.23 billion yuan and a profit of 370 million yuan. The cumulative contracted orders amounted to 6.11 billion yuan, and the total amount of orders for the year reached 3.615 billion yuan, of which the ordering of air separation products reached 3.016 billion yuan. The Group’s major economic indicators have ranked first in China's general machinery industry for three consecutive years, and have been listed among the Top 500 Chinese Manufacturing Enterprises and the Top 100 China Machinery Industry.
In 2007, Hangzhou Oxygen will be relocated as a whole. In order to ensure that the company's production and operation are not declining, the group will be meticulously organized and fully coordinated, and will continue to innovate through systems, mechanisms, and technologies to further enhance the company's core competitiveness. The Group’s major economic targets for 2007 are sales revenue of 3 billion yuan, profit of 300 million yuan, and order contracts for more than 2 billion yuan.
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