Business & Trade

Milling equipment industry's position in the national economy

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Grinding Mill machinery industry is a national foundation and pillar industry in national economy plays an extremely important position. Machinery industry is labor, technology and capital-intensive industries, its own sub-sectors within the high correlation between, but it is also dominated by heavy industry; with the upstream industry (such as steel, coal, nonferrous metals, etc.) and downstream industries (such as housing, consumer goods, etc.) are closely related, has a strong pulling ability. At this stage, China's machinery industry demand for the product mainly by domestic demand, but in recent years, the high export growth rate exceeded our expectations. The rapid development of China's macro economy in 2007, in its lead, machinery industry is the high-speed operation.
The current grinding mill machinery operation
Mining Machinery is a pillar industry in the economic construction and social development plays an irreplaceable role. In mining, energy, transportation and industrial raw materials and other construction industry, mining machinery and mining equipment as construction materials processing equipment, providing a steady stream for a large number of basic industrial sectors and energy, protect the national construction and economic development healthy. Therefore, the level of mining machinery industry is a important indicator of advanced industrial countries. Steady increase in industry profits
First half of the machinery industry all the way rosy. According to Wind Info (Wind information) statistics, 136 listed companies in the first half of comparable machinery industry achieved a total income of 143.867 billion yuan, up 33.02%; to achieve the main profit of 25.114 billion yuan, up 30.72%; net profit of 10.901 billion yuan, an increase of 57.64%. Machinery companies on average gross margin of 17.19%, higher than the industry average of 2.24 percentage points. Over the past three years, the machinery industry average net profit margin of listed companies is relatively stable overall, first half of 2007 has been significantly increased, the level of net profit margin reached 7.42%, compared with the end of 2005 and the end of 2006 rose 2.88 percentage points and 1.76 percentage points.
The industry believes that, by organic growth, epitaxial growth, return on investment to jointly promote, the whole machinery industry in the first half of the performance of listed companies increased significantly; in the second half and even the next two years, listed companies within the industry's gross margin, net profit margin level will become to stability.
Between production and sales well
March 1-8, 2007, the national machinery industry production was rapid and stable growth, production, sales growth continued at more than 32%, continued to accelerate new product development, product sales ratio hit a high level during the year, sales to production well.
1-8 months, the industry completed a total industrial output value of 4.546783 trillion yuan, up 32.21% over last year; the industry sales value 4.416726 trillion yuan, an increase of 32.24%. From the output and sales each month this year, output growth, the production for 8 months of steady sales growth, although the growth rate in July and August, slightly lower than in June, but the growth rate remained at 32% or more.
August machinery sector grew by 23.2%, growth slowed last month by 0.4 percentage points. Auto production increased 21.7%, which car production rose 17.1%. CNC machine tools and power equipment production increased by 33.8% and 33.2%, solid waste handling equipment production increased by 80%. Production of 5.93 million vehicles, up 24%; of which 3.19 million cars, up 25.3%. Output of 81.56 million kilowatts power generation equipment, an increase of 16.2%, which increased 68.1% hydro.

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