Wednesday, May 19, 2010

Machinery Industry: Machine Tool Bearings listed company concerned


China Product
China Product

Bearing Industry 2010 core business revenue will be more than 100 billion yuan, bearing production will reach 12 billion units, exports will reach 2.2 billion U.S. dollars.

Financial crisis, machinery industry in the up cycle. Machinery industry in 2008 after the "economic winter", the usher in the spring of 2010, machinery manufacturing industry to increase cycle. Statistics show that in 2009 total output value of 1.123658 trillion yuan of industrial machinery industry, output value of 228.212 billion yuan of new products, up 52.5%. National Manufacturing Purchasing Managers Index (PMI) 2010 ? 3 months to set 55.1%, 3.1 percentage points higher last month. The index is based on the economic stabilization consecutive 10 months in more than 50% of the critical point, indicating that the overall manufacturing economy continues to maintain the growth momentum, the growth rate significantly.

Common equipment rapid growth, concerns general petrochemical production and import substitution products listed companies. 2010 Jan-Feb, general equipment manufacturing sector grew by 22.3%, compared to the month in December to speed up 4.2 percentage points. General machinery and equipment over the main products Jiucheng growth products, including 29 kinds of products more than 30% growth. Which increase faster in the petroleum equipment and import generic substitutes. As the high-end general-purpose machinery and equipment or by foreign monopolies, the domestic high-end devices still rely on imports. Above, we can produce so concerned about the fans, compressors and production of import substitutes, the company is worth a long-term concern. encad novajet

    Upstream industries to help the rapid development of bearings and hydraulic parts. National implementation of the "major equipment manufacturing industry restructuring plans" and "revitalize the auto industry adjustment plan" will bring a strong driving force for the bearing industry. 2010, bearing production in January up to 1,064,783,300 units, an increase of 128.15 percent; February production of 1,018,202,700 units, up 41.84 percent, the growth rate significantly. Furthermore, long-term domestic demand for construction machinery to maintain growth momentum, the equipment needs for support of high-performance and high reliability of a large number of hydraulic, pneumatic and sealing components. 2 hydraulic components which products monthly to 5,203,577.8, an increase of 17.47%. Pneumatic products 2 monthly 20,073,600, a substantial increase of 109.46 percent year on year. The basis of these data reveal that benefit the upstream industry needs to expand parts, huge space for development. canon pixma ip6600d

Focus of the second quarter, the company recommended. In the second quarter we focused on the development of recommended portfolio Qin Chuan, Hanzhong Seiki, Hunan Electric shares, Longxi Research and Technology shares and shaft. vinyl cutter plotter

Recovery of the machine tool industry, concerned about the high value CNC machine tools. Lower demand for machine tool industry, automotive and construction equipment accounted for more than 50%, due to strong sales lower industry demand, we believe that sales of machine tools in 2010 to improve, particularly high value CNC machine tools. China's machine tool CNC machine tools from January to February 2010, the production and export have increased. Total exports of metalworking machine tools 272.767 million U.S. dollars, an increase of 14.8%, total exports of CNC machine tools 6.1617 million U.S. dollars, an increase of 32.37%. February output of metal cutting machine tools 42 700 units, an increase of 18.28%; February CNC metal cutting machine tools production 11,660 units, up 43.24 percent. We recommend attention to the production and export of CNC machine tool companies.

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