China Securities News (Reporter Li Yanzheng) The reporter learned today from the China Hydraulic and Pneumatic Seals Industry Association that China's hydraulic and pneumatic seals industry is expected to achieve a total industrial output value growth of more than 4% year-on-year in 2016. The decline in total imports and exports of products narrowed by about 6 percentage points year-on-year, and the deficit was further reduced.

The association said that since 2016, a group of high-end hydraulic hydraulic pneumatic sealing products have made breakthrough progress in research and development, industrialization has been achieved, and further strengthen the industry development foundation.

Hydraulic parts are one of the core components of construction machinery products. Among listed companies, the hydraulic parts of XCMG have strong competitiveness