China's machine tool manufacturing industry expects "hen the hen becomes a phoenix"

During the “Eleventh Five-Year Plan” period, the output value and output of China's machine tool industry doubled, and the numerical control rate and domestic market share of domestic machine tools increased significantly. Shenyang Machine Tool (000410, shares it) is the second in the world. As a factory in the world, China has basically got rid of its long-term dependence on imports from basic manufacturing such as machine tools.

China’s 62-meter-long pump truck, which supports the rescue of Japanese nuclear power plants, is currently assisting the Fukushima nuclear accident emergency rescue at the earthquake site in Japan. This kind of pump truck is only capable of manufacturing in China and Germany. In the field of equipment manufacturing, the machine tool industry is kindly compared to "industrial hen", which is the cornerstone of manufacturing. As a factory in the world, China has been in an awkward position of “borrowing chickens and laying eggs” for quite a long time.

But this situation has changed dramatically now. During the “Eleventh Five-Year Plan” period, the output value and output of China's machine tool industry doubled, ranking first in the world. The numerical control rate of domestic machine tools and the domestic market share increased significantly. Guan Xiyou, chairman of Shenyang Machine Tool, believes that China's leading world will remain at least five to ten years.

Guan Xiyou: By the end of last year, the number of nearly 60 billion, China accounted for nearly half. This situation has never been achieved in the past two decades. How long can this phenomenon last? According to estimates from Germany and Japan, it will last for five to ten. Year's time. Because China and Japan and Germany are different in industrialization, they have created such a large demand.

The machine tool industry system has become increasingly perfect, and the equipment manufacturing industry has gradually achieved a leap from “Made in China” to “Created in China”. "China equipment, equipment China" is no longer stuck in the slogan. This exclaimed the international market: the Chinese "hen" wings are gradually full. What makes them feel more pressure is that China’s “hens” are still eating for food. Zhang Zhongzhong, deputy general manager of Shenyang Machine Tool Group, believes that through the capital operation, Shenyang Machine Tool Group has acquired the German company Hess, and realized “going out”. New technology has come in.

Zhang Zhong: We are through a capital operation and corporate mergers and acquisitions, such as our acquisition of the Sith, transferring the technology graft of the Sith to our products and raising a level of our own products. This is a way.

But we must be soberly aware that this "hen" physique still needs further enhancement. At the technical level, many products are still in the middle and low end of the industrial chain, lacking core competitiveness, and relatively weak basic supporting capabilities. Some barriers to overseas mergers and acquisitions at the technical and legal levels still need to be broken.

However, Guan Xiyou believes that the "Twelfth Five-Year Plan" will be a crucial period for the equipment manufacturing industry to become stronger and stronger.

Guan Xiyou: We have a business with such a large scale. Our strong advantages in the market have not been shown. However, due to the development of China's industry, the future ten years of machine tools are in the best market. As a domestic leading company, we I feel that the market is around us. We have to save our strength. We have such an opportunity to move from the domestic to the international. This is our best strategic period.

It is with this in mind that the ninth chapter of the Twelfth Five-Year Plan outlines the importance of developing advanced equipment manufacturing. The deployment will drive the equipment manufacturing industry from production-oriented to service-oriented manufacturing, and develop the equipment needed for key areas such as strategic emerging industries and infrastructure. We are looking forward to "the hen becomes a phoenix" and soar in the world.
 

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