Wenzhou City is an important production base for pump valves in China. Within 2010, the output value of pump valves in Oubei Town, Yongjia County and Yongqiang Town, Longwan District totaled more than 30 billion yuan, accounting for about 60% of the domestic market. township". Since 2010, the banking financial institutions in Wenzhou have actively supported the transformation and development of pump and valve companies, and have embarked on a transformation and upgrading path from a decentralized economy to a modern industrial cluster. This has prompted the pump and valve industry to become a new engine for stimulating local economic growth in Wenzhou.
It is understood that Wenzhou is China's largest pump valve manufacturing center, and the output value of the pump valve accounts for more than one-third of the total output value of the national pump valve. As a traditional pillar industry in Wenzhou, the industrial output value of the pump and valve industry in 2009 was 17.19 billion yuan. If we want five years, from 17.19 billion yuan to 35 billion yuan, in the current economic situation, this goal can be achieved?
The capital assisted the Bank of China Yongjia Sub-branch to support 12 million yuan of funds through preferential measures to help set up the Research Institute of Pump Valve Research and Development to design a research valve for pump valves; ICBC Yongjia Sub-branch supported Cosco Valve Co., Ltd. to invest 40 million yuan to purchase advanced equipment and increase Technical transformation project investment. At present, from the customer orders until the products are delivered to the factory to achieve the modern management of the entire process, but also successfully developed a series of welded ball valve products, the product replaces the original imported similar products, to fill the gap in China's all welded ball valve industry .
Develop ideas and make efforts to revitalize corporate banking institutions with many operating funds through corporate financial advisory services, actively participate in corporate restructuring activities, and encourage qualified companies to undertake mergers and reorganizations. With the support of banking professional teams, some pump and valve companies have clearly defined their market positioning. Identify the starting point for transformation and upgrading and explore the "1+N" restructuring model. For example, Zhejiang Lixin Valve Co., Ltd. and other five small valve companies have jointly reorganized and established the China Lixin Valve Group. After the reorganization, the total assets of the group exceeded RMB 100 million. Not only has the financial strength been enhanced, but also it has met the needs of large companies at home and abroad. The use of type valves.
In addition, some banking institutions have endeavored to assist companies in adopting financial hedging tools to effectively avoid the exchange rate risks arising from RMB appreciation, and actively promote cross-border RMB bonds, domestic factoring, seller financing, order financing, and export invoice financing to enterprises. Trade Finance Products and Business. As of the end of 2010, the balance of the trade finance loans of the Industrial and Commercial Bank of China Longwan Branch was as high as 120 million yuan, which not only met the capital requirements for the normal production and operation of the valve and valve companies and expanded production capacity, but also effectively increased the efficiency of the use of capital by enterprises.
With the strong support of the banking financial institutions in Wenzhou, a group of outstanding pump and valve companies have gradually grown up. According to incomplete statistics, there are currently 1,780 enterprises above designated size in the pump and valve industry within the jurisdiction, among which there are 30 regional group companies and 82 enterprises with an annual output value of over 100 million yuan. “Wenzhou Pump Valve†has become one of the first five regional brands in Zhejiang Province. It has 21 well-known Chinese trademarks, 20 national inspection-free products, 43 new state-level products, 194 invention patents and 102 new patents. A batch of high, refined and sharp pump valves filled the domestic gap and reached the international industry leading level. As of the end of December 2010, the profit rate of the pump and valve industry reached 15.8%, which was 7.92% higher than the average profit rate of the traditional social industry.
Integration and Reorganization Because Wenzhou Pump & Valve Co., Ltd. is mainly concentrated in Yongjia County and Longwan District, Longwan is the earliest birthplace of Wenzhou Pump Valves and is known as “China Valve Cityâ€.
On May 20, 2010, Kaixim Science and Technology Group, formed by Kaixim Valve Co., Ltd. and absorbing 18 growth companies such as Huahai Seals, was formally established in Longwan, Wenzhou City.
Zhang Chengxuan, chairman of Kaixim Valve Co., Ltd., said that after the group was established, the 19 companies were redeployed with personnel, technology, and funds to form a complete industrial chain. It is expected that the total production value of the group after its establishment can exceed 2 billion yuan.
2 billion yuan, which is comparable to 2009 the country's leading valve industry leader - Suzhou Neway Valve Co., Ltd.'s annual output value of more than 1.6 billion yuan more than a lot.
In fact, the formation of strategic alliances such as the integration and reorganization has become another choice for Wenzhou's pump companies to become stronger and bigger.
In Yongjia, China Xuanda Industrial Group and Zhejiang Naishen Corporation also chose to reorganize. The so-called "1N" is a model of one large company joining N small and medium enterprises. After more than a year of running-in period, according to Chen Wenrong, Secretary General of the Yongjia County Pump Valve Industry Association, the distributor of the two companies, the output value of the company was at least doubled this year. "If we do not join Xuanda and Naishen, it will take at least five years to do so."
Professional support A region with a thriving industry must have complete professional support. The reporter believes that the reason why the valve industry in Wenzhou can come to this day, or to achieve the goal of doubling in five years, is full of professional support.
"An aircraft carrier also needs a small screw." Zhu Zhiyuan, head of Zhiyuan Valve, said that what he has to do is to make the stem the most refined.
It is understood that Zhiyuan Valve is a small enterprise specializing in the production of stems in Yongjia. A small valve stem, Zhiyuan has become a series of products covering more than 60 series and more than 1600 varieties.
This company is a rented company, but has its own research and development team, and for five consecutive years, invested more than 100 million yuan in research and development each year, the product has obtained more than 20 national and provincial patents.
"The average unit price of products is 30% to 40% higher than that of similar products on the market, but Hitachi, Ltd. and other companies still use our products." Zhu Zhiyuan said that Hitachi Co. Ltd. President Akiyama Sakachi specifically visited the company and The product technology is very much recognized, and later it made a special trip to Wenzhou to assist its “stem forging cold extrusion forming process†to apply for successful national invention patents. In May 2009, Zhiyuan's independently developed “soft-seal stem†also won the “EU invention patentâ€.
Chen Wenrong said that in the Wenzhou valve and valve industry, the division of labor has become very obvious. Once a well-known valve manufacturing company Teflon Group, committed to the development of pipeline automation technology, self-developed remote intelligent control and execution system, won the title of the first set of products in the key equipment manufacturing industry in Zhejiang province in 2007; Yongjia's Seven Star Machinery Manufacturing Co., Ltd., professional R & D production and sales of hydraulic valve testing machine ...
The leap from the traditional block-shaped economic agglomeration area to the modern industrial cluster and become one of the important pump valve industry bases in the world is the ultimate goal of the Wenzhou Pump Valve Industry Transformation and Upgrading Action Plan. The reporter believes that RMB 35 billion may be only a measure. digital.
It is to see the various advantages of integration, Wenzhou City actively promote the process of integration and reorganization. The "Wenzhou Pump Valve Industry Transformation and Upgrade Action Plan" pointed out that by 2015, it will cultivate 1 to 2 international famous brands. This will enhance the "China's valve and valve capital" regional brand image and enhance the competitiveness of Wenzhou valve in the global market.
The consolidation and reorganization have enabled Wenzhou Pump Valve to have a bigger platform, but how to make the product refined is an internal manifestation of the competitiveness of individual companies.
It is understood that Wenzhou is China's largest pump valve manufacturing center, and the output value of the pump valve accounts for more than one-third of the total output value of the national pump valve. As a traditional pillar industry in Wenzhou, the industrial output value of the pump and valve industry in 2009 was 17.19 billion yuan. If we want five years, from 17.19 billion yuan to 35 billion yuan, in the current economic situation, this goal can be achieved?
The capital assisted the Bank of China Yongjia Sub-branch to support 12 million yuan of funds through preferential measures to help set up the Research Institute of Pump Valve Research and Development to design a research valve for pump valves; ICBC Yongjia Sub-branch supported Cosco Valve Co., Ltd. to invest 40 million yuan to purchase advanced equipment and increase Technical transformation project investment. At present, from the customer orders until the products are delivered to the factory to achieve the modern management of the entire process, but also successfully developed a series of welded ball valve products, the product replaces the original imported similar products, to fill the gap in China's all welded ball valve industry .
Develop ideas and make efforts to revitalize corporate banking institutions with many operating funds through corporate financial advisory services, actively participate in corporate restructuring activities, and encourage qualified companies to undertake mergers and reorganizations. With the support of banking professional teams, some pump and valve companies have clearly defined their market positioning. Identify the starting point for transformation and upgrading and explore the "1+N" restructuring model. For example, Zhejiang Lixin Valve Co., Ltd. and other five small valve companies have jointly reorganized and established the China Lixin Valve Group. After the reorganization, the total assets of the group exceeded RMB 100 million. Not only has the financial strength been enhanced, but also it has met the needs of large companies at home and abroad. The use of type valves.
In addition, some banking institutions have endeavored to assist companies in adopting financial hedging tools to effectively avoid the exchange rate risks arising from RMB appreciation, and actively promote cross-border RMB bonds, domestic factoring, seller financing, order financing, and export invoice financing to enterprises. Trade Finance Products and Business. As of the end of 2010, the balance of the trade finance loans of the Industrial and Commercial Bank of China Longwan Branch was as high as 120 million yuan, which not only met the capital requirements for the normal production and operation of the valve and valve companies and expanded production capacity, but also effectively increased the efficiency of the use of capital by enterprises.
With the strong support of the banking financial institutions in Wenzhou, a group of outstanding pump and valve companies have gradually grown up. According to incomplete statistics, there are currently 1,780 enterprises above designated size in the pump and valve industry within the jurisdiction, among which there are 30 regional group companies and 82 enterprises with an annual output value of over 100 million yuan. “Wenzhou Pump Valve†has become one of the first five regional brands in Zhejiang Province. It has 21 well-known Chinese trademarks, 20 national inspection-free products, 43 new state-level products, 194 invention patents and 102 new patents. A batch of high, refined and sharp pump valves filled the domestic gap and reached the international industry leading level. As of the end of December 2010, the profit rate of the pump and valve industry reached 15.8%, which was 7.92% higher than the average profit rate of the traditional social industry.
Integration and Reorganization Because Wenzhou Pump & Valve Co., Ltd. is mainly concentrated in Yongjia County and Longwan District, Longwan is the earliest birthplace of Wenzhou Pump Valves and is known as “China Valve Cityâ€.
On May 20, 2010, Kaixim Science and Technology Group, formed by Kaixim Valve Co., Ltd. and absorbing 18 growth companies such as Huahai Seals, was formally established in Longwan, Wenzhou City.
Zhang Chengxuan, chairman of Kaixim Valve Co., Ltd., said that after the group was established, the 19 companies were redeployed with personnel, technology, and funds to form a complete industrial chain. It is expected that the total production value of the group after its establishment can exceed 2 billion yuan.
2 billion yuan, which is comparable to 2009 the country's leading valve industry leader - Suzhou Neway Valve Co., Ltd.'s annual output value of more than 1.6 billion yuan more than a lot.
In fact, the formation of strategic alliances such as the integration and reorganization has become another choice for Wenzhou's pump companies to become stronger and bigger.
In Yongjia, China Xuanda Industrial Group and Zhejiang Naishen Corporation also chose to reorganize. The so-called "1N" is a model of one large company joining N small and medium enterprises. After more than a year of running-in period, according to Chen Wenrong, Secretary General of the Yongjia County Pump Valve Industry Association, the distributor of the two companies, the output value of the company was at least doubled this year. "If we do not join Xuanda and Naishen, it will take at least five years to do so."
Professional support A region with a thriving industry must have complete professional support. The reporter believes that the reason why the valve industry in Wenzhou can come to this day, or to achieve the goal of doubling in five years, is full of professional support.
"An aircraft carrier also needs a small screw." Zhu Zhiyuan, head of Zhiyuan Valve, said that what he has to do is to make the stem the most refined.
It is understood that Zhiyuan Valve is a small enterprise specializing in the production of stems in Yongjia. A small valve stem, Zhiyuan has become a series of products covering more than 60 series and more than 1600 varieties.
This company is a rented company, but has its own research and development team, and for five consecutive years, invested more than 100 million yuan in research and development each year, the product has obtained more than 20 national and provincial patents.
"The average unit price of products is 30% to 40% higher than that of similar products on the market, but Hitachi, Ltd. and other companies still use our products." Zhu Zhiyuan said that Hitachi Co. Ltd. President Akiyama Sakachi specifically visited the company and The product technology is very much recognized, and later it made a special trip to Wenzhou to assist its “stem forging cold extrusion forming process†to apply for successful national invention patents. In May 2009, Zhiyuan's independently developed “soft-seal stem†also won the “EU invention patentâ€.
Chen Wenrong said that in the Wenzhou valve and valve industry, the division of labor has become very obvious. Once a well-known valve manufacturing company Teflon Group, committed to the development of pipeline automation technology, self-developed remote intelligent control and execution system, won the title of the first set of products in the key equipment manufacturing industry in Zhejiang province in 2007; Yongjia's Seven Star Machinery Manufacturing Co., Ltd., professional R & D production and sales of hydraulic valve testing machine ...
The leap from the traditional block-shaped economic agglomeration area to the modern industrial cluster and become one of the important pump valve industry bases in the world is the ultimate goal of the Wenzhou Pump Valve Industry Transformation and Upgrading Action Plan. The reporter believes that RMB 35 billion may be only a measure. digital.
It is to see the various advantages of integration, Wenzhou City actively promote the process of integration and reorganization. The "Wenzhou Pump Valve Industry Transformation and Upgrade Action Plan" pointed out that by 2015, it will cultivate 1 to 2 international famous brands. This will enhance the "China's valve and valve capital" regional brand image and enhance the competitiveness of Wenzhou valve in the global market.
The consolidation and reorganization have enabled Wenzhou Pump Valve to have a bigger platform, but how to make the product refined is an internal manifestation of the competitiveness of individual companies.
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