Rose Engine Lathe
Rose Engine Lathe
Machine Tool Industry In The Second Quarter To Give The Industry Strategy, “synchronization Market”
Downstream machine sustained high economy, demand has risen. Automobile, engineering machinery, etc. continue to record high sales, capacity utilization is high, business investment demand.
PMI index to a high level. March manufacturing PMI purchasing managers index was 55.1%, up 3.1 percentage points the chain has 13 consecutive months of above 50%, manufacturing boom of the good.
Machine production and sales continued upward, rising rates of NC. The second half of 2009, machine tool production has gradually increased in the fourth quarter and CNC metal cutting machine metal cutting machine tools production rose by 25.0% and 26.2%; 2010, two months, the machine output increased 17.8%, 45.0% growth in production of NC machine tools, NC continues to grow.
Trade deficit narrowed down to replace the space is still large. Machine is the largest trade deficit in China machinery industry one of the products, the deficit has been narrowing in recent years, from 2006′s 7.61 billion U.S. dollars in 2009 down to 54.2 billion U.S. dollars, but still worth looking forward to the future of alternative space.
National policy support, improving the industrial environment. For industrial machine tools, machine tools to support continued access to national industrial policy, from the value-added tax rebates, special funds CNC Lathe subsidies, made the first (set) equipped with a range of risk compensation mechanism for policy support, machine tool enterprises in improving the industrial environment.
For industry “synchronization market” investment grade. Business valuation tools quite different now, enterprise competitiveness differentiation, we give the machine tool industry, “Synchronization market” rating. Proposed focus on high rate of CNC machine tools, downstream prospects to improve, the valuation has advantages, but also has a certain extension of opportunities for expansion of individual stocks, focusing on the development of recommended Qinchuan concern for Pegasus shares.
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