In 2006, the overall economic growth rate of the explosion-proof electric appliance industry was slower than in 2005, but the economic indicators still maintained a rapid growth rate. Economic development and economic benefits are also good in recent years, mining explosion-proof electrical appliances with the development of the coal industry has entered a period of stable and rapid development. Factory explosion-proof electrical industry production pattern basic formation. In the industry production enterprises are more concentrated in Yueqing City, Zhejiang Province, due to the lack of land, production sites are inadequate, some of the development of enterprises have been limited. In 2006 the enterprise to seek greater development have come to Shanghai, Jiangsu, Anhui and other places to purchase land, build a new production base, such as Hua Rong Group Co., Ltd. investment 2 billion yuan in Shanghai established the new China Rong Industrial Park, Dianguang explosion proof Electric Co., Ltd. invested nearly billion yuan, set up R & D and production base in Shanghai and Suzhou, Anhui; Huaxia Explosion-proof Electric Appliance Co., Ltd., Zhejiang set is explosion-proof electric appliance Co., Ltd., Zhejiang Jia, explosion-proof electric appliance Co., Ltd., Bada Electrical Appliance Co., Ltd., were also in Jiaxing, Zhejiang, Shanghai, Jiangsu and other places to establish production base.
While the rapid development of the industry, there are also some disadvantages and problems, one is the product circulation sales chaos, product quality problems of small and medium-sized enterprises more prominent, dumping phenomenon, some of the counterfeit products and the market of fake and shoddy products in the market circulation, not only caused great economic losses to the user, but also disturb the normal sales market, at the same time to the user safety production potential risks, technological progress is not conducive to the development of enterprises and the impact of the industry; two is the explosion-proof electrical industry enterprises to focus on through the scattered, excessive production enterprises, and most enterprises are too small in size, low level of enterprise management, but with the development of the market this small and scattered, the pattern will be as there will be some changes in the establishment and development of leading enterprises and explosion-proof group, gradually formed the main part of the market in the hands of a group of explosion-proof control. Three is the product technology content is not high, the technical level is low, the product renewal speed is slow.
2006 based on the 42 major companies in the industry, the industrial output value of nearly 3500000000 yuan, an increase of 30.54% over the previous year; profit 284400000 yuan, an increase of 48.13% over the previous year.