Boshen Tools: Appropriate increase in investment in coated abrasives

Abstract China's coated abrasives network news on the 15th, Bo Shen tools board secretary Jing Chengming in Hebei 2019 annual investor collective online reception day and national investor protection publicity day activities to answer investors' questions when introduced, subject to economic downturn And the impact of the decline in the growth rate of infrastructure investment, etc...

China Coating Abrasives Network News on the 15th, Bo Shen Tools Board Secretary Jing Chengming in Hebei 2019 Annual Investor Online Collective Reception Day and National Investor Protection Promotion Day activities to answer questions from investors, affected by the economic downturn Due to factors such as the decline in infrastructure investment growth, the capacity utilization rate of Boshen Tools Hardware Tools business segment is not high. The company will control investment and allocate resources, and take the improvement of return on assets as a guide to adopt various methods to revitalize assets and improve asset operation efficiency. .

Jing Chengming also said that the current capacity utilization rate of coated abrasive plates is good. In the future, Boshen Tools will increase the investment in coated abrasives according to the growth of market demand and maintain the healthy development of the plate.

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