The growth of fixed asset investment remained stable, and the proportion of investment in fixed assets invested by CNC tool grinders was stable. Since the implementation of the tightening policy, fixed asset investment has not seen a significant decline, and the growth rate has been maintained at more than 20%. The proportion of fixed assets investment in equipment and equipment purchases remained at around 20%, and remained stable for a long time. In the first four months of 2009, the purchase of equipment and tools increased by 23.4% year-on-year, accounting for 20.5% of fixed assets investment. The downstream industries such as automobiles, aerospace and railways continue to drive the demand for machine tools. Automobiles consume about 40% of the total consumption of machine tools in the whole industry. At present, the national machine tools for manufacturing vehicles are still mainly imported, and the potential for import substitution in the future is huge. The country's high-speed development of aviation and shipbuilding industry will also drive demand for large, heavy-duty, precision CNC tool grinding machines. The railway sector is expected to invest more than 700 billion yuan in infrastructure construction in 2008-10 years, the purchase of locomotives will be 200 billion yuan, and the transportation equipment will be upgraded by 55 billion yuan, which will drive a large number of machine tool demand. Import substitution, export accelerates the new growth point of CNC tool grinding machines. The domestic demand for CNC tool grinding machines is higher than that of ordinary machine tools. Especially for high-end CNC tool grinding machines, a large number of imports are still needed. Domestic demand for CNC tool grinding machines is very strong, and the output is far from meeting the demand, and the low-end is the main. The export of CNC tool grinding machines is also dominated by the low end, but it has gradually shown that the domestic CNC tool grinding machine has a huge advantage in cost performance, and exports have begun to increase speed. The appreciation of raw materials for the appreciation of the renminbi has a slight impact on the industry. At present, all machine tool enterprises have implemented price increases of about 3% or more. When the cost increases by 10%, the impact on gross profit margin will be within 2 percentage points. The appreciation of the renminbi against the US dollar has depreciated against major currencies such as the euro, and the proportion of exports to the United States is only 14.98%. However, the growth rate of exports to other countries is accelerating, and the negative impact of the appreciation of the renminbi on the export of the national machine tool industry is limited. The operating status of listed companies remained good. Although the net profit growth of major listed companies in the first quarter of 2008 decreased compared with the growth rate in the first three quarters of 2007, it still remained close to 60%. The growth rate of main business income accelerated from the fourth quarter of 2007, indicating that the downstream demand for machine tools is strong, and the governance structure of major listed companies is getting better and better, the operating leverage is reduced, and the net profit growth in the first half of 2007 is much higher than that of the main business. Growth situation. The machine tool industry is on the rise of machine tools as an industrial base, and industry development is closely related to the growth rate of fixed asset investment. Downstream demand for machine tools, including general equipment manufacturing, special equipment manufacturing, and automobile manufacturing, have maintained good investment growth rates, and demand for machine tools has remained strong. Domestic demand, CNC tool grinding machines are beginning to become mainstream, gradually replacing ordinary machine tools. Some domestic enterprises are able to produce lower-end CNC tool grinding machines, and high-end CNC tool grinding machines are still mainly imported. With the accumulation of technology in domestic enterprises, the gap between the international leading enterprises has been greatly reduced. The cost-effective advantages of domestic CNC tool grinding machines have begun to appear. The import substitution in domestic demand has begun to accelerate. The proportion of CNC tool grinding machines is gradually increasing, and exports are beginning to increase. CNC tool grinding machines are in the midst of an industry boom.
The proportion of fixed assets investment in equipment and equipment purchases remained at around 20%, and remained stable for a long time. In the first four months of 2009, the purchase of equipment and tools increased by 23.4% year-on-year. The growth of fixed asset investment remained stable, and the proportion of investment in fixed assets invested by CNC tool grinders was stable. Since the implementation of the tightening policy, fixed asset investment has not seen a significant decline, and the growth rate has been maintained at more than 20%. Accounted for 20.5% of fixed assets investment. The downstream industries such as automobiles, aerospace and railways continue to drive the demand for machine tools. Automobiles consume about 40% of the total consumption of machine tools in the whole industry. At present, the national machine tools for manufacturing vehicles are still mainly imported, and the potential for import substitution in the future is huge. The country's high-speed development of aviation and shipbuilding industry will also drive demand for large, heavy-duty, precision CNC tool grinding machines. The railway sector is expected to invest more than 700 billion yuan in infrastructure in 2008-10, the purchase of motor vehicles will be 200 billion yuan, and the transportation equipment will be upgraded by 55 billion yuan, which will drive a large demand for machine tools. Import substitution, export accelerates the new growth point of CNC tool grinding machines. The domestic demand for CNC tool grinding machines is higher than that of ordinary machine tools. Especially for high-end CNC tool grinding machines, a large number of imports are still needed. Domestic demand for CNC tool grinding machines is very strong, and the output is far from meeting the demand, and the low-end is the main. The export of CNC tool grinding machines is also dominated by the low end, but it has gradually shown that the domestic CNC tool grinding machine has a huge advantage in cost performance, and exports have begun to increase speed.
The operating status of listed companies remained good. Although the net profit growth of major listed companies in the first quarter of 2008 decreased compared with the growth rate in the first three quarters of 2007, it still remained close to 60%. The growth rate of main business income accelerated from the fourth quarter of 2007, indicating that the downstream demand for machine tools is strong, and the governance structure of major listed companies is getting better and better, the operating leverage is reduced, and the net profit growth in the first half of 2007 is much higher than that of the main business. Growth situation. The machine tool industry is on the rise of machine tools as an industrial base, and industry development is closely related to the growth rate of fixed asset investment. Downstream demand for machine tools, including general equipment manufacturing, special equipment manufacturing, and automobile manufacturing, have maintained good investment growth rates, and demand for machine tools has remained strong. Domestic demand, CNC tool grinding machines are beginning to become mainstream, gradually replacing ordinary machine tools. Some domestic enterprises are able to produce lower-end CNC tool grinding machines, and high-end CNC tool grinding machines are still mainly imported. With the accumulation of technology in domestic enterprises, the gap between the international leading enterprises has been greatly reduced. The cost-effective advantages of domestic CNC tool grinding machines have begun to appear. The import substitution in domestic demand has begun to accelerate. The proportion of CNC tool grinding machines is gradually increasing, and exports are beginning to increase. CNC tool grinding machines are in the midst of an industry boom.
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