Respond to demand pressures with innovation
Respond to demand pressures with innovation
At present, the growth rate of the mining machinery industry as a whole is still low. The first eight months of 2009, China’s mining and quarrying equipment industry revenue is of 97.23 billion yuan, growth rate is of25.4 percent and it has been in decline since 2007. The metallurgical equipment industry revenue is of 53.34 billion yuan in the first eight months, up an increase of 11.48% growth rate is the lowest level since 2007.
Metallurgical and mining machinery is still in the downward trend in the bottom of the economic cycle, revenue and profit growth has eased, but no obvious signs of improvement. The impact of macroeconomic fluctuations on the metallurgical mining equipment industry have a certain lag, the present, although the economic environment at home and abroad have some recovery, but transmitted to the industry will take some time.
From the third quarter alone, the downward momentum of the metallurgical and mining machinery production has eased, but the overall growth rate is still small, downstream of the metallurgical and mining equipment, metal smelting and mining, after the early large-scale fixed assets investment, are currently in the production of relative surplus stage, a longer production cycle of metallurgical and mining equipment is still in the digestion of previous orders, the financial crisis and overcapacity in the industry, and not evident. The experts have warned that the mining machinery industry to prevent the lag effects of the financial crisis.
The performance of listed companies and industry as a whole, the data consistent, the listed companies is also subject to the reduced macroeconomic drag and downstream metallurgical coal industry fixed asset investment growth, shrinking downstream demand for listed companies in the coming period will gradually appear.
Industry downstream demand growth will slow. Ferrous metal smelting and rolling processing industry fixed asset investment growth in a low, metallurgical industry, a significant capacity expansion has come to an end, industry fixed asset investment growth is likely to remain at low levels; With the gradual release of the new capacity of coal is expected that the future of coal mining and dressing industry fixed asset investment growth will remain roughly the same growth rate of urban fixed asset investment and domestic. Metallurgical and coal decline in fixed asset investment growth is not conducive to industry needs. But at the same time we also noticed that the steel and coal industries, there are opportunities for structural adjustment, that is the device by the conversion of the low-end products to high-end products, thereby contributing to the demand for metallurgical and mining products.
Promote the sound development of the mining machinery enterprise device small and medium-sized products to large product conversion. Enterprise has been accomplished in large-scale mining equipment Raymond Mill, developed HC1700 super mill, this milling equipment, breaking the domestic milling machine can not exceed the limit of large-scale production, a favorable improvement a single piece of equipment per unit of production. HC1700 Pendulum Grinder (Mill) is a revolutionary, innovative mill.
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