The overall equipment market has seen a corresponding recovery in 2017. In 2017, heavy machinery companies faced multiple challenges in terms of capacity reduction and energy efficiency. After years of industrial transformation, results have gradually emerged. Many leading heavy-duty machinery companies have gradually started to grow from last year. Get rid of the predicament and begin to turn a profit.
China loses profit
In the first three quarters of 2017, *ST re-ordered 9.097 billion yuan, an increase of 74.88% year-on-year, and achieved 7.574 billion yuan in repayments, an increase of 87.99% year-on-year, and realized an operating income of 6.601 billion yuan, an increase of 177.59% year-on-year, attributable to the parent company. The net profit of 0.41 billion yuan reversed the loss situation.
Since the second half of 2016, the company's new orders have increased rapidly, creating conditions for the rapid growth of the company's output in the first three quarters of 2017. In the first three quarters, it achieved operating income of 6.601 billion yuan, an increase of 177.59% over the same period last year.
Benefiting from the recovery of nuclear power, China’s heavy profits have rebounded. The world's first "Hualong No. 1" - Fuqing No. 5 nuclear reactor pressure vessel contracted by China was delivered to Dalian Nuclear Power Petrochemical Company.
Liu Mingzhong, chairman of China National Heavy Industries Group Co., Ltd., said: In the future, China First will devote itself to the nuclear power equipment manufacturing industry with a more positive attitude. It will effectively use the nuclear power equipment plate as a device for the development of the company and rely on “Hualong Oneâ€. "Industrial platform, continue to deepen cooperation with brothers and central enterprises. In addition, it is worth noting that in the first half of this year, the company achieved operating revenue of 3.99 billion yuan, an increase of 165%, new orders of 6.07 billion yuan, an increase of 268.4%, and successfully achieved the goal of “double over half†in the first half of the year. .
After the reorganization, he won a freshman Chinese double
Judging from the operating results, China's second-largest machinery group company continues to show good momentum. In the first quarter of 2017, China’s second-tier company achieved new orders of nearly 2.5 billion yuan. One "old double person" who has been in the factory for nearly 30 years says that the biggest expectation today is "having a busy schedule like now."
However, since 2011, China’s double-fold losses have continued. At the end of 2014, total liabilities exceeded RMB 24.8 billion, and the asset-liability ratio was as high as 133.7%. Its heavy equipment has had to exit the A-share market.
On the verge of death and death, in July 2013, with the approval of the State Council, China National Machinery Industry Corporation and China Shuangzhong implemented a joint reorganization, proposing a “three-year turnaround from a deficitâ€.
After nearly 10 months and more than 40 consultations and negotiations, the SINOMACH, the China Dual Commission and the Creditors Committee of China’s Double Commission and Financial Creditors have reached a “stock-based debt repayment†under the coordination of the State-owned Assets Supervision and Administration Commission of the State Council, the China Banking Regulatory Commission, and the Sichuan Provincial Government. The comprehensive debt repayment method of “cash repayment + retention of debt†eventually reduced China’s dual asset-liability ratio to around 90%. Through the legalization of "halting blood," and through leveraging the superior resources of the SINOMACH Group, DD has also continuously enhanced its "hematopoietic" capabilities.
After the reorganization, it will rely on 28 national-level research institutes of the SINOMACH Group and more than 70 overseas service agencies, and will have an international marketing network in more than 140 countries and regions.
The two-fold relief is actually one of the major breakthroughs in the reform of the reform of state-owned enterprises in Sichuan. "The state-owned enterprises reform breakthrough difficulties." Relevant person in charge of the Sichuan Provincial Party Committee Reform Office stated that the Sichuan State-owned enterprise reform adopts "one enterprise and one policy" to promote the reorganization and integration of state-owned enterprises and reforms to overcome difficulties, such as difficult enterprises such as Erzhong, Pangang, Chemical Holdings, Sichuan Coal, etc. Loss of profit.
CITIC Heavy Industries Speeds Upgrading and Transformation
CITIC Heavy Industries Machinery Co., Ltd. achieved revenue of 2.27 billion yuan, an increase of 12.88%; net profit of 21.255 million yuan, an increase of 0.03%. The coal, cement, metallurgy and other market sectors served by CITIC Heavy Industries have become the key areas for national capacity reduction. However, “capacity reduction†does not mean “killing production capacity.†For CITIC Heavy Industries, “capacity reduction†is an opportunity to promote industrial upgrading in traditional fields. The company must strengthen the competitive advantages of the traditional heavy equipment business through five measures: quality improvement, green development, smart upgrade, service transformation and overseas expansion.
The company stated that in terms of improving quality, the company must vigorously cultivate and promote the spirit of artisans, and strive to build core products with large-scale mills, large-scale crushers, large-scale roller presses, and large-scale agitation mills and other international standards; in terms of green development, it is necessary Relying on years of R&D and accumulation of waste heat and pressure utilization, energy saving and environmental protection technologies, and implementing green breakthroughs in traditional industries; in smart upgrades, we must rely on the “special robot manufacturing intelligent factory†project approved by the state to do a good job in discrete intelligent manufacturing pilot projects. And comprehensively combing and formulating the intelligentization and service plans for traditional industries, urging smart products and intelligent services to become one of the company's “13th five-year†leading businesses; on the transformation of services, we will strive to build and build a good spare parts service base, and further Increase the proportion of the company's service industry; in overseas expansion, with the implementation of the “Belt and Road†national strategy, increase international market development and product structure adjustment.
Dalian Heavy Industry Increases Smart Device Upgrades
Dalian Heavy Industry issued a performance forecast, the company expects from January to December 2017, the net profit attributable to shareholders of listed companies was 19,019,900 yuan to 27,228,800 yuan, a year-on-year change of -30.00% to 0.00%, and the average net profit growth of the equipment industry was 37.11%.
As the estimated 2017 income tax expenses will increase year-on-year, the company's 2017 annual results are expected to decline year-on-year.
Dalian Heavy Industry will strengthen "top-level design", establish an intelligent work organization system, integrate the company's superior resources, and form a unified R&D platform. Accelerate the single intelligent upgrade. Embed intelligent control technology into products to achieve intelligent information processing, intelligent information feedback and intelligent control decisions. The intelligent transformation of system equipment. Focusing on intelligent logistics and intelligent manufacturing, it provides focused, differentiated and specialized services around intelligent complete sets of lifting and handling equipment, intelligent feed yard systems, intelligent coke oven machinery complete sets of equipment, and intelligent smelting engineering complete sets of equipment. Overall solution. Actively provide intelligent services around equipment such as coke ovens, stackers and reclaimers, submerged arc furnaces, cranes, and wind power, and through the development and application of information and control technologies, realize equipment monitoring, operation data collection and analysis, and remote diagnosis and control. Users provide intelligent value-added services and expand the post-service market.
Up to now, Dalian Heavy Industry has integrated two information technology applications to create intelligent products and services. The intelligent remote monitoring and management system for the coke oven vehicle has been developed. It adopts technologies such as big data, internet of things, and cloud computing to realize the intelligentization of traditional industrial equipment. It has been successfully applied in Hebei Xuyang and Huafeng coke oven projects; The automatic unmanned feeder technology realizes the remote setting operation instructions to enable the equipment to perform automatic operations and sign relevant unattended technical service contracts. The developed crane remote monitoring platform realizes online operation status diagnosis. In addition, according to reports, Dalian Heavy Industry has made breakthroughs in the new side of the coke oven machine dust removal system.
North Heavy Industry increased by 140% in the same period in July
From January to July 2017, the Northern Heavy Industry Group successively won a series of large projects such as the Turkey Earth Pressure Balance Shield Machine sales contract valued at US$29.7 million, which effectively expanded the international and domestic markets, and the sales revenue increased by 140% compared with the same period in 2016. . In early 2017, Northern Heavy Industries and Turkey's Colin Group signed a sales contract for 6 sets of earth pressure balance shield machines with a value of US$29.7 million. The signing of this project not only marks the Northern Machine Shield machine breaking the "zero record" of exporting Turkey, but more importantly, it further enhances the brand influence of Northern Heavy Industries in Turkey, and lays more market share in Turkey and further develops the market. A solid foundation.
In May 2017, Northern Heavy Industries signed a strategic cooperation agreement with China Construction Eighth Engineering Bureau Co., Ltd., and jointly developed domestic and foreign markets through strong alliances. The two parties participate in the cooperation of the National Metro and Underground Comprehensive Pipeline Projects with various business models and operational strategies, and provide comprehensive technical support. The two sides also shared overseas agency resource platforms to form a consortium to jointly participate in bids for the “One Belt and One Road†overseas project.
In the first seven months of 2017, the Northern Heavy Industries Group has signed a large number of projects such as the Mozambique cement grinding station project with an annual output of 250,000 tons, and six Turkish soil pressure balance shield machines with diameters of 6.6 meters, which have effectively expanded the international and domestic markets. Revenue increased by 140% compared to the same period in 2016.
In recent years, Shenyang North Heavy Industry Group Co., Ltd. has seized market opportunities in the development of national resources along the “One Belt and One Road†and infrastructure construction and accelerated the export of large-scale equipment.
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