On March 1, the regulations of Hunan Province on the promotion of advanced manufacturing industry (hereinafter referred to as the regulations) officially came into force, which is the first local regulation in China to promote the development of advanced manufacturing industry. There is no precedent for local legislation on advanced manufacturing in the country. Why do Hunan people dare to eat this first bite of crab? Relevant experts said that Hunan has a relatively complete industrial system, and many listed companies have become industry leaders or invisible champions, laying a solid foundation for the promulgation of the regulations; The implementation of the current regulations is a good opportunity for Hunan’s advanced manufacturing industry to strengthen the foundation and supplement the chain, become bigger and stronger, and realize “refueling and overtaking in corners”.
from scratch to excellent
corner overtaking and refuelling
According to the regulations, Hunan Province will focus on building advanced manufacturing industrial clusters such as construction machinery, rail transit equipment, small and medium-sized aeroengines, aerospace equipment and electronic information, new materials, new energy and energy conservation, and power transmission and transformation equipment, and promote the transformation and upgrading of traditional advantageous industrial clusters such as petrochemical, non-ferrous metals, automobile manufacturing, smelting and rolling processing, and agricultural machinery, Cultivate future and emerging pillar industrial clusters such as artificial intelligence, industrial Internet, ecological and environmental protection, biotechnology, drugs and medical devices.
The staff of Hunan provincial government told reporters: “there are 26 regulations in total. After on-site investigation, repeated demonstration and polishing in all aspects, regulations have been established on the responsibilities of the government and departments, development direction, factor guarantee, business environment, system and mechanism, etc.” He further added, “Although there is no precedent for local legislation on advanced manufacturing industry in China, and there is no ready-made experience in China to learn from, Europe, America, Japan and South Korea have taken the lead, and there are relevant cases and experiences to learn from. From the situation of Germany, Japan, France, Britain and the United States, most of the regions that took the lead in legislation have achieved a leading effect, which has driven the local manufacturing industry towards specialization, refinement and high-end Development has produced positive results. “
Vice chairman of Hunan Provincial Committee of the Chinese people’s Political Consultative Conference, member of the Standing Committee of the Central Committee of China Democratic National Construction Lai Mingyong, chairman of Hunan provincial Party committee, reviewed the past: “In the late 1990s, I was engaged in international trade research and received a major topic assigned by Hunan Province. The topic needs to answer such a question: how to develop the foreign trade industry in the central provinces where Hunan is neither coastal nor along the border, not only to promote local employment, but also to go abroad, win glory for the country and earn foreign exchange for the country? I combined the successful experience of Japan and South Korea and the objective situation of Hunan at that time In fact, it has put forward the viewpoint of focusing on the development of complete sets of equipment manufacturing industry and vigorously promoting the export of complete sets of electromechanical equipment, which has become a reality. “
He further said, “The development history of Hunan’s manufacturing industry can be simply divided into two stages: from nothing to existence and from existence to excellence. Both stages need to overtake in corners. In the former stage, Hunan’s manufacturing industry has absorbed some overseas capital, mature technology and advanced experience and achieved phased results. In the latter stage, regulations should be taken as an opportunity, and Hunan’s manufacturing industry should take the initiative to meet the current situation based on its own advantages Technological revolution, create more exclusive highlights, and achieve the goal of “refueling and overtaking in corners.” He also said, “Huxiang culture has the feeling of” the world is the public and dare to be the people “. This regulation was launched by Hunan, which will inevitably have a positive driving effect in the country. From the situation of our visit and investigation, Shandong refining and chemical industry, Anhui automobile, Xinjiang photovoltaic, Shanghai chip and other key industries have bright spots, and the above-mentioned regions have issued targeted local regulations on advanced manufacturing industry with regional characteristics It’s just a matter of time. “
dare to eat crabs and have confidence
Hunan enterprises start again
Hunan dare to eat this first bite of crab confidence? Hunan is a major manufacturing province with complete industrial categories. 31 major categories of manufacturing industry are distributed in Hunan Province, and the construction machinery industry is one of the leaders, laying a solid foundation for the implementation of the regulations. Since the year of the tiger, Hunan Construction machinery industry has continuously welcomed the good news of opening the door.
On February 22, Funing trunk line, the first electric heavy truck trunk line in China, was officially put into operation, and the first batch of 62 Sany electric muck trucks in Fujian Province were officially delivered Tan Bo, senior deputy general manager of Sany Heavy Industry Co.Ltd(600031) said that Sany Heavy Industry Co.Ltd(600031) combines the advantages of construction machinery manufacturing with the advantages of Contemporary Amperex Technology Co.Limited(300750) green electricity technology. The two sides work together to lay out the route of pure electricity, power exchange and energy supplement, jointly develop the industry-leading power battery system, etc., and will jointly build a new batch of world-class “lighthouse factories” in the future. On February 25th, two new products of Sunward Intelligent Equipment Co.Ltd(002097) high altitude machinery division passed the prototype review and will be officially put on the market. On February 28, the T3 terminal project of the reconstruction and expansion project of Changsha airport, which is known as “Changsha star”, was officially started. The fist equipment of Sany Heavy Industry Co.Ltd(600031) , Zoomlion Heavy Industry Science And Technology Co.Ltd(000157) , Sunward Intelligent Equipment Co.Ltd(002097) , and Sunward Intelligent Equipment Co.Ltd(002097) , came to the scene to give full support.
As the leading team of advanced manufacturing industry, construction machinery takes the lead, and the invisible champion enterprises represented by “specialized new little giant” are not willing to fall behind. On February 28, the annual report of Bichamp Cutting Technology(Hunan) Co.Ltd(002843) 2021, the “invisible champion” in the subdivision field of bimetallic band saw blade, was released, and the annual revenue was 527 million yuan, with a year-on-year increase of 30.46%; The net profit was 69.82 million yuan, a year-on-year increase of 68.03%; It is proposed to distribute a cash dividend of 1.5 yuan (including tax) for every 10 shares. According to the financial report, the gross profit margin of the company’s products increased by 6.29 percentage points, and the proportion of overseas exports increased to 21.6% from 14.83% last year.
Why did the “little giant” of Hunan’s advanced manufacturing industry run out of a new speed when bulk raw materials rose and shipping logistics was poor? The staff of the above-mentioned companies introduced the relevant situation, increased the localization R & D and application of raw materials and equipment, increased the proportion of domestic procurement from more than 40% to nearly 70%, effectively reduced the material procurement cost by nearly 20%, made breakthroughs in the promotion of medium and high-end products and the expansion of new customers, and became an important incremental market last year. In 2021, the export revenue was 1137842 million yuan, A year-on-year increase of 90.36%. “We have also adopted the mode of ‘direct cultivation of listed companies + cultivation of industrial funds’, committed to cultivating the second growth curve of consumer electronics, and indirectly participated in the shares of well-known consumer electronics component manufacturers Yada Electronics (Luoding) and Yada consumer electronics (Shenzhen). High frequency switching power supply, high-frequency components, wire products and magnetic electronic components will become new performance growth points.”
For the recent achievements of Hunan’s advanced manufacturing industry, Xu Xinggang, a staff member of Caixin securities investment banking department, vividly summarized it with “two collisions and two fission”: “In 2001, after China’s accession to the WTO, Hunan’s manufacturing industry also entered the first period of vigorous development. Construction machinery enterprises such as Sany Heavy Industry Co.Ltd(600031) , Zoomlion Heavy Industry Science And Technology Co.Ltd(000157) , Sunward Intelligent Equipment Co.Ltd(002097) , China Railway Construction Heavy Industry Corporation Limited(688425) , Xingbang intelligence and Wuxin tunnel equipment took the lead in standing up, forming a good pattern of” going out, going steady and going fast “, and produced the first fission effect, driving the upstream and downstream supporting facilities The little giants in the industry grow together with the invisible champions. In 2022, Hunan issued the country’s first local regulation. We expect that Hunan’s advanced manufacturing industry will enter the second vigorous development period. This collision is the collision between the wave of advanced technological revolution and the turbulence of global supply chain. This fission occurs not only in the leading corps of construction machinery, but also in small giants and invisible champions. It shows that many seed enterprises and potential projects have been nurtured by the capital market, accelerated the growth rate, and will form the core competitiveness with Hunan characteristics. ” He further said, “as a local state-owned securities firm in Hunan, Caixin securities will provide assistance for the implementation of the regulations from multiple links such as project investment, industrial fund, VC / PE, guidance and listing, and help Hunan advanced manufacturing enterprises start again and achieve good results.”
