High-speed rail gala Twelve-Five investment per year up to 700 billion

Source: Internet
Author: User
Keywords National
Starting in 2011, a high-speed rail line from China, along the way through Laos, Thailand and Malaysia, has finally arrived in Singapore, which will be the next growth point for China's high-speed rail companies.  "More and more railway, more and more listed companies, business more and more" is the development of China's railway transport industry in recent years a true portrayal. December 7, 2010, Railways minister Liu Zhijun at the seventh World High Speed Railway Conference said that the current Chinese agricultural trade railway business mileage has reached 7531 kilometers, is the world's longest-running high-speed railway, the largest country in construction.  With the rapid development of high-speed rail is accompanied by the entire high-speed railway upstream and downstream industry chain, from railways, trains to spare parts and other chain reaction, all this because of the "Twelve-Five" plan to foster the development of strategic emerging industries again heating up. Annual investment of 700 billion in accordance with the "Medium and long-term railway network planning", in the "Twelve-Five" period, China's railway construction will maintain large-scale investment, investment will be maintained at around 700 billion yuan a year, a total of about 3.5 trillion yuan, compared to the "Eleven-Five" period of 2.2 trillion yuan investment, an increase of more than 1 trillion yuan.  Among them, according to "Twelve-Five" will build 16448 kilometers of high-speed rail, high-speed rail average cost of 114 million yuan per kilometer, the total investment of high-speed railway is about 1.875 trillion yuan. Influenced by favorable policies and huge funds, December 9, 2010 the seventh World High Speed Railway Conference closing day, the railway plate, the railway infrastructure sector overall rose 2.27%, with the high-speed rail-related stocks, West Axle, east China CNC and Tianma stock trading, China South car, China North car, Jin billion industrial and other gains are also in 6%  Above。  China South car, China North car as the representative of the high-speed railway leading enterprises, in the past 2010 years has been quite fruitful. As of December 22, 2010, according to the public data collation, China North Vehicle (601299.SH) is currently in hand orders of about more than 140 billion yuan, to meet the development needs of the next few years. February 2010, China North Vehicle acquired Shanghai Rail Transit Equipment Development Co., Ltd., the company's Dong Cheguiron said: "All along, China's main production and management units are in the north, the southern market is relatively weak." The acquisition is mainly in the southern developed central city layout. "According to China Southern Car (601766.SH) in the first half of 2010, the announcement showed that as at the end of June, the company realized operating income of 28.1 billion yuan, an increase of 51%, in hand orders for 84 billion yuan."  According to the public data calculation, China Southern car currently in hand orders are close to 100 billion yuan, the company's annual income of more than 60 billion yuan is basically a foregone conclusion. China Southern Car under the same performance also has China South Car plant Machinery Company (hereinafter referred to as "South Vehicle Plant") and South vehicle Zhuzhou electric Locomotive Research Institute (hereinafter referred to as "South car Zhuzhou").  Their development has also caught up with the "fast train" of high-speed railways. In the interview with the China Economic Weekly, the Department of South Car Plant said that the company in the development of enterprise "Twelve-Five" Planning, clearly put forward in "Twelve-Five" period, will accelerate the strategic adjustment of industrial structure, is expected to achieve 2012 20 billion yuan, 2015 40 billion yuan strategic objectives.  China's first electric locomotive was born in the south of Zhuzhou in 2010 sales revenue reached 10.0018 billion yuan, an increase of 62%, entered the "tens of billions of dollars" club. South Car Zhuzhou Department of Propaganda said, as the company's strategic industrial unit, in recent years the company's development in the capital market is also eye-catching.  In addition to owning the southern car era of electricity, new materials two listed companies, in 2008, South car Zhuzhou also less than 100 million yuan to buy the world's sixth-largest semiconductor company in the United Kingdom Dan Knicks, China's rail transport industry to become the first case of cross-border mergers and acquisitions.  China's high-speed rail overseas when "boss" time to return to 2004, the "Medium and long term railway network planning" passed, the State Council proposed to use about two years time, the railway speed from 160 km to 350 kilometers, put forward "the introduction of advanced technology, joint design and production, build Chinese brand" overall requirements. Then China's high-speed rail has "apprentice" Alstom, Kawasaki heavy industry, Siemens and other high-speed train manufacturers. 4 years later, August 1, 2008, China's first high-speed railway with fully independent intellectual property rights, Beijing-Tianjin Inter-City railway operation, the highest operating speed of 350 kilometers. Since then, Wuguang, Zheng-XI, Shanghai-Nanjing, Shanghai-Hangzhou, Beijing-Shanghai ...  The high-speed rail feast is unfolding nationwide. Even in the world, China's high-speed rail performance is very eye-catching. At this time, China's high-speed rail companies to look at the global high-speed rail construction trend, with low-cost advantages to quickly capture overseas markets. According to the public data estimates, comprehensive civil and vehicle costs of two, China's high-speed rail cost only the 1/3~1/2 of foreign cost.  The cost of high-speed rail in China is generally 100 million yuan ~1.5 billion/km, while Frankfurt-Cologne line in Germany, about 300 million yuan/kilometer, South Korea 2004 to open the High railway base part of the cost of building up to 250 million yuan/kilometer. The "Low-cost, high quality" of China's high-speed rail has become a headache for rivals.  From the initial "apprentices" to the "bosses" who are now marching overseas, the traditional high-speed-rail giants seem to have had a young competitor overnight. By the end of July 2010, China Southern Car announced that the company's overseas contract has exceeded 760 million U.S. dollars, accounting for about 10% of total sales revenue. China Southern car Dong Shao Renjiang revealed: "In the first half of 2010, the company's overseas contract volume increased twice times more than a year earlier." Compared with international competitors, our advantage lies in the high cost performance, short delivery time. "In December 2010, China Southern Car and General Electric signed a cooperation framework agreement, but also shows its determination to occupy the U.S. high-speed rail market."  It is reported that two companies will jointly invest 50 million U.S. dollars, set up a joint venture in the United States (each holding 50%), the United States, Florida, California, two states of the High Iron Project. In December, China North vehicle announced strategic cooperation with Alstom of France to join the overseas high-speed rail market. Then, China's north vehicle announced that the first batch of 6 power locomotives of the world's largest narrow rail line arrived in New Zealand, becoming China's independent innovation of the first diesel locomotive export developed countries successful case. China North car chief Cheguiron, who just finished the European expedition, told reporters that in today's international high-speed rail market, "we are partners with the mature rail transit operators in Europe." "Q&a Q: China Economic Weekly" A: China Southern Car (601766.SH) Dong Shao Renjiang South Vehicle plant Machinery Company Propaganda Department new material (600458.SH) Dong Secretary continuous China North Car (601299.SH) Dong Cheguiron high-end equipment manufacturing industry into seven strategic emerging production Industry, how does the impact on your company to the "Twelve-Five" period of the business objectives of what is expected Shao Renjiang: Group Target in 2012 to achieve the overall income of more than 100 billion yuan, become the industry first, and hope that the overall income of 2015 at least 150 billion yuan.  Group six major plate, the new industry plate growth fastest, 2010-year income of 10 billion yuan, is expected to reach 20 billion yuan in 2012, 2015 will reach 30 billion yuan.  South Car Plant company Propaganda Department: in the "Twelve-Five" period, will accelerate the strategic adjustment of industrial structure, to achieve the 2012 20 billion, 2015 40 billion strategic objectives. Continuous: From the size of sales, we are in the world's second position, (first is the German Canditec), the future after 2-3 years of development hope to be the world's first.  2010 years operating profit of 200 million yuan, I hope in the next few years to reach 500 million yuan, 1 billion yuan. Cheguiron: According to China's north car in 2008, the establishment of the "three-step" plan to achieve sales revenue by 2011 70 billion yuan.  In the "Twelve-Five" period, to achieve the 2015 sales revenue of more than 140 billion yuan target.  "Twelve-Five" period, the company in the overseas market competitiveness and deployment how China South vehicle Chairman Zhao Xiaogang (October 2010 to the media): the current group of orders in the amount of nearly hundred billion yuan, overseas market accounted for about 8%, the hope that in 2015 overseas revenue accounted for about 20% of total income. South Car Plant company Propaganda Department: In the past 3 years, has been the Middle East, Uzbekistan, Kazakhstan, Singapore, Turkey and other countries and regions of the 11 project orders.  Up to now, the company has obtained an export order of more than 8 billion yuan.  Continuous: The company has been focusing on the development of overseas markets, including Bombardier, GE, Alstom and other international railway giants in the field of flexible components for many years partners.  Cheguiron: 2010, China North car received more than 30 billion yuan order, of which the international market accounted for 10%, the future will further explore overseas markets. "China Economic weekly" reporter Zhang Lujin Cao Chang | Beijing report
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