Central China Numerical Control: Huake resignation of professor

Source: Internet
Author: User
Keywords cnc
Domestic high-end CNC system consumer market, the Central China numerical control market share less than 1%, more than 98% for foreign Brand Financial weekly IPO laboratory researcher Chen Xianli/Wen Small company 360 and Monopoly enterprise Tencent competition, is an arm to twist the thigh. In the seemingly calm as the water of the industrial power, also has been undercurrent.  A few days ago Wuhan Huazhong CNC Co., Ltd. (hereinafter called Huazhong Numerical Control) to only account for 1% of the market share of the challenges of 98% of the market of foreign companies. Huazhong CNC belongs to the machinery manufacturing industry in the CNC machine tool manufacturing, engaged in middle and high-end CNC equipment, servo drive, CNC machine tools and infrared thermal imaging instrument research and development, production and marketing.  Guotai for its listed sponsoring agencies.  Can Huazhong CNC Replay Beat's Chibi war? It is reported that the annual increase in its accounts receivable, the first half of this year unexpectedly break 80%, "in the line is very rare."  And the recent emergence of most of the technical staff to leave the bizarre, was exposed to "or to cover up their over-reliance on the facts of Huazhong University of Technology." Market Share National War: 1%vs 98% CNC System industry is a subdivision of the machine tool manufacturing industry, its upstream is the computer, electronics, electrical components, downstream industries are machine tools, automobiles, aerospace, electricity, communications and other manufacturing industries.  The people in the line believe that the mechanical equipment of the "brain", it can be seen that this technology in the machinery industry and even industry has a serious status. China's numerical control system has more than 20 major scale production enterprises, forming a central China numerical control, Guangzhou CNC, Dalian Omori, Beijing Kendi, Nanjing Huaxing, such as the representative of the industrial layout.  The development of these enterprises relatively fast, production and sales accounted for domestic CNC system industry and production volume of more than 70%. Vertically and horizontally throughout the industry, according to its prospectus, central China CNC core areas in the high-end market.  2007 to 2009, in the mid-range and high-end CNC equipment, its market share in domestic enterprises ranked first. However, according to China machine Tool Industry Yearbook data, foreign brand mid-range CNC system in 2006-2008 in the Chinese market sales of more than 30,000 sets.  At the same time, the domestic high-end CNC system consumer market, the Central China numerical control market share less than 1%, more than 98% for foreign brands. Fowert Precision Machinery Co., Ltd. Sales director also said, "compared to foreign companies in the technology, the domestic numerical control technology in terms of efficiency and precision, there are no small gap." "Want to occupy market share in high-end market area, have strong strength." At present, this field is almost monopolized by foreign enterprises, especially Japan and Germany Siemens. "Zhongyuan Securities Machinery industry analyst Lu Yongguang said.  It is reported that the above two companies, high-end CNC systems in the global market share of up to 70%.  In the face of such a situation, central China numerical control can be said to be almost Ishing, then its core competitiveness in where? 1994, the central China NC abandoned the western commonly used "based on dedicated computer" research and development ideas, go "to the general industrial computer hardware platform to DOS, Windows for open software platform"The technical route to the general industrial computer and electronic devices, successfully produced a foreign blockade of the multi-axis linkage high-performance CNC system.  Technology is a inventive one. In recent years, Huazhong CNC and Dalian Machine Tool Group, Beijing First machine tool plant, such as dozens of domestic first-class machine tool manufacturers to cooperate and establish alliances to carry out "group innovation." "These enterprises are the customers of CNC system, and the joint development will undoubtedly form a more favorable pattern."  "said one industry insider.  80% revenue Accounts receivable eroded financial weekly researchers also noted that the Central China numerical control in the first half of this year unexpectedly has more than 80% of the operating income is eroded by accounts receivable. According to its prospectus, 2007, 2008, 2009 and the first half of 2010, the balance of accounts receivable of the company is 94.853 million yuan, 102.9858 million yuan, 114.7952 million yuan and 140.375 million yuan respectively, accounting for the total assets of the current company 27.27%, 25.37%,  25.06% and 28.95%, accounting for 29.21%, 33.5%, 36.56% and 85.4% of the current operating income. In the recent three-year period, the Central China Numerical control of accounts receivable accounted for the proportion of operating income increased year by year, until the first half has 85.4% of the proportion. "It is extremely rare.  "Lu Yongguang said. Why is that? Central China Numerical Control said, "is mainly affected by the economic crisis, machine tool manufacturers own sales of the period lengthened, affecting the company and other upstream suppliers payment." "In the first half of 2010, the proportion of central China's CNC accounts receivable accounted for revenues increased significantly from 2009."  According to an explanation in the prospectus, the company's education training base business has a certain seasonal, subject to the central and local financial approval procedures, the construction of numerical control teaching training base period is longer and mainly concentrated in the second half, so that the end of the six months of the balance of accounts receivable than the beginning of a substantial increase. "If the receivables are not properly returned, it will reduce the efficiency of the company's capital utilization and have a negative impact on the company's production and operation."  "A person in the industry said. The lack of independence of technology, relying on major shareholders and most universities to create a similar technology companies, central China CNC deeply branded the imprint of Huazhong University of Science and Engineering.  April 1999 and September 2000, Huazhong University of Technology, two times will be a total of 8 million yuan in central China numerical control of the shares awarded to the technical staff of central China, and these technical personnel have the status of Huazhong university teachers, including Huazhong University of Hust professor and Bo Guide. But strangely, from August to October this year, there are 10 technical research and development personnel in Huazhong CNC. The 10 individuals were Li Yesong, Li Bin, Tang, Pengfangyu, Wang Pingjiang, Zhou Xiangdong, Yang Jianzhong, Song Bao, Hu Junhui and Zhou.  However, the resignation does not withdrawal, these current Huazhong university teachers are still the central China numerical control shareholder. "They are not withdrawal, prove to be optimistic about the company, but resigned, may be to conceal their over-reliance on Huazhong University of the facts, so thatIt goes well.  "Lu Yongguang thinks.  Although they resigned, it is clear that these technicians have made significant contributions to the technology of Huazhong numerical control during their in-service period. Among them, Tang, Li Bin, Li Yesong, Pengfangyu, Zhou Huicheng, as the main technical backbone, participated in two technologies "the real-time interpolation algorithm and system of the multi-coordinate curved surface machining" and the research and development of "Huazhong I-type Numerical control simulation experiment system and teaching training machine tool".  Li Bin and Tang are the head of software and hardware design of Huazhong I-type CNC system. The above 5 per capita in the 1996-1998 years into the Central China numerical control, Li Bin and Tang as the backbone of the technology, but also the middle management of central China CNC, and because of participation in the above two technology research and development.  The 5 per cent were rewarded with equity. But its prospectus says the resignations are "non-core technicians". Central China's numerical control of this approach is to hide.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.