Speeding up industrial upgrading in machinery industry is the key to "revitalization"

The 2009 domestic industrial economic operation still faces grim situation, the development and revitalization of equipment manufacturing industry is imminent. With the implementation of the planning of equipment manufacturing industry adjustment and revitalization, the recovery of the industry will be greatly promoted.　　Investors can focus on the investment opportunities of companies in the field of mechanical infrastructure. Shi Sheng "Equipment manufacturing industry adjustment and revitalization planning" on February 4, 2009 submitted to the State Council executive meeting for consideration, May 12 was formally approved. "Equipment manufacturing industry adjustment and revitalization planning" adhere to the integration of equipment autonomy and key construction projects, the basic principle of combining the independent development with the introduction of digestion and absorption, the development of the whole machine and the combination of the basic supporting level, the development of enterprise groups and the support of specialized enterprises; grasping iron and steel industry, automobile industry, petrochemical industry, shipbuilding industry, Light industry, textile industry, nonferrous Metals industry, electronic information industries, national defense industry and other nine major industrial projects; The goal of the plan is to (1) the steady growth of the industry, (2) The gradual expansion of market share (the domestic market is about 70%), (3) breakthrough in the development of major equipment, (4) improvement of basic supporting level, (5)　　Organizational structure optimization and upgrading, (6) a significant change in growth mode (large enterprise groups of modern manufacturing services revenue accounted for more than 20% of sales revenue). Interpretation of policy background after years of development, China's equipment manufacturing industry has formed a complete range, large scale, with a certain level of industrial system, become an important pillar industry of the national economy.　　In particular, the State Council on speeding up the revitalization of equipment manufacturing industry, a number of Views (2006) Since the implementation of the development of equipment manufacturing industry significantly accelerated, significant improvement in the level of autonomy of major technical equipment, international competitiveness further improved, some products, technology and market share in the forefront of the world. We must see that although China has become a large equipment manufacturing industry, but still in the "big but not strong" embarrassing situation, its outstanding performance for the ability of independent innovation, low level repetition construction, new product application slow.　　At the same time, affected by the international financial crisis, since the second half of 2008, the domestic and foreign market equipment demand has shrunk sharply, China's equipment manufacturing industry for many years of rapid growth momentum obviously slowed, some enterprises production and operation difficulties, economic benefits began to decline. According to the Ministry of Industry and Information technology, the 2008 increase in the number of industries above the national scale increased by 12.9%, of which light and heavy industry grew by 12.3% and 13.2% respectively. Industrial operation was "before the high after the low" trend is obvious, of which, 08-year growth in the first quarter 16.2%, two-quarter growth of 15.9%, three-quarter growth 13%, four-quarter growth of 6.4%. by 09 1-February Industrial growth rates continued to fall sharply to 3.8%, with industrial growth at 5.1% per cent in the first quarter, the "quarterly Lows" since 1992, but we need to note that the downward trend has started to pick up on the 1-February 3.8% basis,　　Industrial growth reached 8.3% in March. The above data shows that at present our countryThe overall economic performance of the industry is still not optimistic, by the global financial crisis spread and the impact of a significant slowdown in domestic economic growth, the 2009 domestic industrial economic operation is still facing severe situation, the development and revitalization of equipment manufacturing industry imminent. The impact of planning on specific mechanical industries equipment manufacturing industry for the national economy to provide technical equipment, is a strategic industry, with other industries, high degree of association, the ability to absorb employment, technology and capital relatively intensive, is the industry upgrades, technical progress of the important guarantee, but also a concentrated embodiment of the national comprehensive strength.　　The "planning" shows that the development of four types of ancillary products will become the focus of the development of equipment manufacturing industry, and the Mechanical Foundation will become the most important. 1. Mechanical basic Parts "planning" proposed in the field of mechanical basic parts of the key development of high-power power electronic components, functional modules, large, precision bearings, high-precision gear drives, high-strength fasteners, high-pressure plunger pump/motor, hydraulic valve, hydraulic electronic controller, hydraulic gearbox, pneumatic components, bearing seal system,　　Rubber and plastic seals, etc., accelerate the development of industrial automation control systems and instrumentation, middle-grade sensors. We believe that, in the above many mechanical foundation pieces, use and imports of large precision bearings, gear transmission devices (gearbox), hydraulic transmission devices and so more noteworthy, because these components are widely used in wind power, confidential CNC machine tools and construction machinery and other key machinery manufacturing areas, the domestic related listed companies have Tianma shares (　　002122, East Force Transmission (002164), Dragon Creek shares (600592), Force source Hydraulic (600765), Fangyuan Support (002147) and so on. 2. Large-scale casting and forging "planning" put forward the key development of large-scale nuclear power equipment castings and forgings, million-kilowatt supercritical/Ultra supercritical thermal power unit castings and forgings, more than 700,000-kilowatt grades of large mixed-flow turbine casting and forging, petrochemical, coal chemical heavy vessel forgings, hot and cold rolling mill casting, large marine crankshaft, propeller shaft forgings,　　Large bearing ring forgings, etc. We believe that the above large-scale casting and forging technology requirements are higher, are large-scale equipment and engineering supporting, belong to the machinery industry high-end product series, the general enterprise can not reach, the relevant domestic key listed companies have Oriental Electric (600875), Sinovel cast steel (002204), Taiyuan Heavy Industry (600169), Zhejiang Rich shares　　(002266) and so on. 3. Processing auxiliary with key development of large-scale precision cavity mold, precision stamping die, high-grade mold standard parts, high efficiency, high-performance, precision complex tools, high-precision, intelligent, digital instrument, high-grade precision abrasives and so on.　　The key companies have a wide land test (002175). 4. Special raw materials focus on the development of high-temperature, high pressure, corrosion-resistant power station steel (steel), high-magnetism-oriented silicon steel for large transformers, insulating materials for high voltage and UHV power transmission equipment, high speed train bogies, special steel for wheel pairs, high-grade aluminium profiles for aircraft, bearings, gears, moulds, gauges, cutting tools, high-strength fasteners, SpecialSteel, machine tool ball screw and linear guide special steel, high wear-resistant steel, high-strength, high temperature, low wear, long life composite sealing materials.　　Key companies have a huge stake (002031), Xiangyang bearing (000678), Northwest bearing (000595) and so on. Speeding up industrial upgrading is the key to the revitalization we believe that this "plan" reflects the main direction and policy adjustment, the latter part of the State Council in accordance with the "Planning" division of labor, as soon as possible to formulate and improve the relevant policy measures. In 2006, the State Council on speeding up the revitalization of equipment manufacturing industry, the industry generally reflected that "policy support is not strong, insufficient funds to support," and the plan in these areas have improved markedly, and the 06 "opinion" The biggest difference is that it gives greater attention and support to the development of key basic components, which is the first time that the mechanical Foundation has been placed in such an important position.　　The key supporting parts belong to the basic industry, which is of strategic significance to the whole equipment manufacturing industry. However, it often shows a large investment, long cycle, slow performance, but also a certain risk characteristics, to solve this problem, the government departments must introduce relevant incentive policies, we think this is the "planning" focus on the development of mechanical basic parts of the main reasons. At present, foreign machinery base parts (parts and components) to the supplier in the product price, delivery time, specification models and other aspects of our enterprises to take restrictions. It is understood that in order to obtain relevant parts and components, some enterprises have to send specialized procurement personnel to keep in the foreign suppliers of the factory reminders, and some enterprises to reduce loss of work, and even from foreign air parts, the cost of significantly increased; and some enterprises because of lack of relevant parts, difficult to complete the order Had to readjust production schedules and plans. Taking the hydraulic components as an example, the current domestic basic technology is still not clearance, the leakage of oil phenomenon is widespread, low reliability, but also basic dependence on imports, and imported components not only high prices, supply is not yet, this has caused the development of our construction machinery high-end products in the main bottleneck, lack of core competitiveness Also makes the excavator and other technical content of higher engineering machinery products in the overall gross profit level is too low the embarrassing situation. Taking Hunan Machinery industry as an example, Hunan is the key production base of construction machinery in China, according to the statistics of Hunan Machinery Engineering Association, 29 of the main mainframe products produced by construction machinery Enterprises in Hunan province, such as spare parts import cost accounted for more than 40% of the manufacturing cost.　　And a considerable part of the industry profits are imported parts and components, "Heavy host light components," the development model of a profound lesson. The "plan" mentioned, "increase technology progress and technical innovation investment" is the industry to achieve industrial upgrading of the strong guarantee. While the process may be lengthy, it is undeniable that the implementation of the rules will greatly boost the industry's recovery. Author unit: Zhejiang Merchants Securities