Cailianshe September 25 (Editor Li Chen) According to CCTV Finance on Friday, benefiting from the current demand for new energy vehicles, many machine tool manufacturers have improved their prosperity from the beginning of the year to the present. Dongguan A machine tool manufacturer has soared since the beginning of this year. The newly built 5,000 square meters of factory building in has been put into use this year, but the production capacity still cannot meet the demand for order growth .
The reporter visited many machine tool manufacturers and learned that many new energy vehicle companies are constantly urging goods, hoping that machine tool manufacturers can deliver goods as soon as possible on the basis of ensuring quality. With the rapid development of emerging industries such as new energy vehicles and 5G, the demand for mid-to-high-end machine tools in the market is becoming more and more powerful.
The two CSI machine tool ETFs reported by Huaxia Fund and Cathay Fund on September 16 have been approved by the my country Securities Regulatory Commission. These are the first batch of ETF funds to deploy in the machine tool industry. The tracking target is the CSI machine tool index. Some people from a fund company said that sends a positive signal from regulatory authorities to support the development of in the capital market, especially strategic emerging industries.
Guojin Securities stated that China's machine tools have huge room for localization. With policy support, investment in manufacturing transformation and upgrading fund, and approval of CSI Machine Tool ETF, the machine tool industry chain is expected to accelerate maturity, and promotes the localization process of machine tools to accelerate .
machine tool refers to the machine used to manufacture machines, also known as "working mother machine" or "power machine". The variety, quality and processing efficiency of machine tools directly affect the production technology level of other mechanical products. Therefore, the modernization level and scale of the machine tool industry are one of the important signs of the development of industry in a country. Machine tools can be divided into metal cutting machine tools and metal forming machine tools, among which the largest proportion is metal cutting machine tools.
Guojin Securities Man Zaipeng stated in a research report released on September 19 that from the perspective of metal cutting machine tool output, based on the 10-year replacement cycle, 2021 will be the high point of demand for machine tool renewal replacement, and and is expected to maintain a strong replacement demand in the next few years.
machine tool industry chain is clear, including upstream basic material and parts manufacturers, midstream machine tool body manufacturers and downstream terminal users. In a research report released on September 19, Guojin Securities Man Zaipeng stated that the current listed companies in the domestic machine tool industry chain mainly include: core components : 1) CNC system : Kede CNC, Huazhong CNC , Weihong Co., Ltd., Baichu Electronics; 2) rolling functional components : Qinchuan Machine Tool; 3) spindle : Haozhi Mechanical and Electrical, Guoji Seiko, and Sufeng Technology.
Metal forming machine tools involves companies: Hezhuan Intelligent, Yawei Co., Ltd. , China First Heavy Heavy Industry . metal cutting machine tools involves companies: Kede CNC, Haitian Precision , Genesis, Tosda , Zhejiang Heideman, Qinchuan Machine Tool, Ring Machine , Huazhong CNC, Yuhuan CNC, Huaming Equipment, Huachen Equipment.
high-end CNC system, as the "brain" of the machine tool, directly affects core parameters such as machine tool accuracy and dynamic characteristics. In a research report released by Huaxin Securities Fan Yimin said that in the process of transformation and upgrading of my country's machine tool market, the market potential of domestic high-end machine tools has huge market potential and has entered an important period of opportunity. According to the forecast of China Business Industry Research Institute, the market size of in CNC machine tool in 2025 will reach 405.6 billion , an increase of 17.36% compared with 2020.
Analysts said that CNC system main listed companies are Huazhong CNC, Kede CNC, Weihong Co., Ltd., and Baichu Electronics. The specific businesses are as follows:
Guojin Securities stated that with policy support, investment in manufacturing industry transformation and upgrading fund, and approval of CSI Machine Tool ETF, the machine tool industry chain is expected to mature at an accelerated pace. It is recommended to focus on Kede CNC, Hezhuan Intelligence, Haitian Precision, Genesis, and Tosda.
Specifically, Kede CNC focuses on high-end five-axis linkage CNC machine tool , and masters the core technologies of high-end CNC systems and key functional components; Genesis CNC machine tool business has a complete research, production, supply, sales and service system, and its main products are for high-end CNC machine tool field, new energy field, general field, and core component processing in the 3C supply chain; Haitian Precision's main products include CNC gantry machining center, CNC horizontal machining center, CNC horizontal lathe , CNC vertical machining center, etc.
It is worth noting that although my country is the world's largest machine tool producer and consumer, it has long been innately different from foreign machine tool powers in terms of machine tool industrial environment. Industry insiders said that in terms of product positioning and services, domestic machine tool products are mostly concentrated in the middle and low ends; in terms of technology accumulation and talent training, Xinsheng private enterprises have short-term participation in market competition and insufficient technology accumulation, and are in a significantly weaker position compared with Europe/Japan.
