Recently, the author learned from the China Heavy Machinery Industry Association that the average annual increase in production and sales of the heavy machinery industry during the “12th Five-Year Plan†period is 16%, the accumulated compound annual growth rate in five years is as high as 110%, and 5 to 6 sales income exceeds RMB 30 billion. Yuan, 1 ~ 2 large equipment manufacturing enterprise groups with sales revenue exceeding RMB 50 billion.
At present, the leading companies in the heavy machinery industry such as Zhenhua Heavy Industry, Taiyuan Heavy Industry, China First Heavy Industries, and Heavy Duty Heavy Equipment etc. all had sales revenues of less than 20 billion yuan in 2010. This means that the above companies have huge room for growth in the next five years.
The China Heavy Machinery Industry Association made it clear in the “Twelfth Five-Year Plan†of the heavy machinery industry that the goal of the industry in the next five years is to increase production and sales by an average of 16%, and to increase profits by 20%. According to this standard, the scale of production and sales of the heavy machine industry will increase by more than 110% cumulatively at the end of 2015.
The plan is clear: During the “Twelfth Five-Year Plan†period, the heavy machine industry needs to master a number of core technologies in the field of high-end equipment manufacturing to form a group of internationally-renowned brands with independent intellectual property rights. The new product rate in the industry exceeds 30%, and product quality The number has increased significantly, and more than 30% of the product's technology and quality have reached the international advanced level.
At present, large-scale enterprises have insufficient initial investment in research and development, insufficient technology reserves, and they cannot keep up with the sudden changes in domestic and foreign markets, which are the main reasons for their weak competitiveness.
According to the introduction, the current heavy machinery industry also has the phenomenon of excessive low-end production capacity and fierce market competition. At present, the price war of some products has reached a level of enthusiasm. Unnecessary price war will inevitably consume the resources of the company, and then affect its investment in research and development.
At present, the leading companies in the heavy machinery industry such as Zhenhua Heavy Industry, Taiyuan Heavy Industry, China First Heavy Industries, and Heavy Duty Heavy Equipment etc. all had sales revenues of less than 20 billion yuan in 2010. This means that the above companies have huge room for growth in the next five years.
The China Heavy Machinery Industry Association made it clear in the “Twelfth Five-Year Plan†of the heavy machinery industry that the goal of the industry in the next five years is to increase production and sales by an average of 16%, and to increase profits by 20%. According to this standard, the scale of production and sales of the heavy machine industry will increase by more than 110% cumulatively at the end of 2015.
The plan is clear: During the “Twelfth Five-Year Plan†period, the heavy machine industry needs to master a number of core technologies in the field of high-end equipment manufacturing to form a group of internationally-renowned brands with independent intellectual property rights. The new product rate in the industry exceeds 30%, and product quality The number has increased significantly, and more than 30% of the product's technology and quality have reached the international advanced level.
At present, large-scale enterprises have insufficient initial investment in research and development, insufficient technology reserves, and they cannot keep up with the sudden changes in domestic and foreign markets, which are the main reasons for their weak competitiveness.
According to the introduction, the current heavy machinery industry also has the phenomenon of excessive low-end production capacity and fierce market competition. At present, the price war of some products has reached a level of enthusiasm. Unnecessary price war will inevitably consume the resources of the company, and then affect its investment in research and development.
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