Machine tool market may enter the down channel

The first quarterly report disclosed by Shenyang Machine Tool recently revealed that the company's total operating revenue for the first quarter was 2.80 billion yuan, a decrease of 13.29% over the same period of last year; Qinchuan's total operating income for the first quarter was 277 million yuan, a year-on-year decrease of 12.55%. The term “decline” not only appeared in the quarterly reports of listed companies, but also appeared in the “Analysis of Economic Operation of Machine Tool Industry in the First Quarter of 2012” published by the China Machine Tool Industry Association. Statistics show that in the first quarter of 2012, the growth rate of China's machine tool industry continued to drop sharply after the fourth quarter of last year. The association focused on the production and sales of companies and showed a negative growth in profits.

"Down" into the key words The machine tool market seems to have fully entered the downtrend channel, and "decline" has almost become the market's key word.

“Originally hopes to see a turnaround in the first quarter of this year, but now it seems that the situation in the first quarter is not optimistic and the demand for OEMs has dropped significantly.” Yantai Global Group's sales manager in Jiangsu and Zhejiang said that because OEM orders have shrunk, his area has been shrinking. The sales of machine tool accessories fell by more than 50% in the first quarter.

The CNC system is also facing such a situation. Yang Xingan, the head of Guangzhou's CNC market department, stated that “the market for mid-to-low-end CNC systems is facing a very severe situation this year, and orders have dropped significantly.” According to statistics, domestic and foreign brand CNC systems in the first quarter Orders fell by as much as 40%, and machine tool appliances and other accessory products also fell to varying degrees.

The China Machine Tool Industry Association pointed out in its first quarter report that orders for all grades of medium, high, and low grades have declined to varying degrees. The number of newly-added orders and on-hand orders of key-linked companies in the first quarter were both negative year-on-year, down by 31.7% year-on-year. And 19.7%.

The current situation facing the machine tool industry is more severe. The explosive growth over the years will not continue. The slowdown in market demand growth, the improvement of quality and the pursuit of connotative growth are an inevitable process of China's industrialization process. This forces the machine tool companies to constantly The heart of fear, thinking and responding to the policy and put into action. Luo Baihui, Secretary-General of the International Model Association, said, “The era of revolution in China's machine tool industry has come. The structural adjustment of the industry and the upgrading of products are imperative. With science and technology as the driving force, the market competitiveness of medium and high-end CNC machine tools is greatly enhanced. The current core task of the machine tool industry."

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