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Focus: listed companies without heavy machinery in winter seek development by technology

focus: listed companies without heavy machinery in winter seek development by technology

China Construction Machinery Information

in the first half of this year, the operating situation of listed companies of heavy machinery is still facing a complex and severe situation, and the net profits of China first heavy machinery, Shanghai heavy machinery, China second heavy machinery and other enterprises have suffered losses. CITIC Heavy Industries and other enterprises continued to develop new products, and withstood the "cold wave" of the industry, such as overcapacity and reduced demand

the number of listed enterprises has declined a lot.

according to the latest semi annual report data released by various listed enterprises:

in the first half of the year, CITIC Heavy Industries (601608) achieved an operating revenue of 2.85 billion yuan and a net profit of 268million yuan. Affected by the continuous economic downturn at home and abroad, the increase in the proportion of complete sets of projects and the long implementation cycle, the main economic indicators in the first half of 2014 declined year-on-year, but still maintained an appropriate profit scale, and remained in the leading position in the industry in terms of profits

influenced by the macro environment of the industry's own overcapacity, the market demand for traditional metallurgical manufacturing and mining machinery continued to be depressed, and the sales price fell sharply. In the first half of the year, the operating income was 1.025 billion yuan and the net profit loss was 320million yuan

in the first half of the year, China Yizhong (601106) achieved an operating revenue of 3.376 billion yuan and a net profit attributable to shareholders of listed companies decreased by 667million yuan, a year-on-year decrease of 283million yuan

*st Erzhong (601268) realized an operating revenue of RMB 1.938 billion, a decrease of 34.25% compared with the same period in 2013, and a net profit decrease of RMB 937million

in the first half of the year, Taiyuan Heavy Industry (600169) achieved an operating revenue of 3.716 billion yuan, a decrease of 0.39% over the same period of the previous year, and a net profit of 11 million yuan, an increase of 123.84% over the same period of the previous year

during the reporting period, Dalian heavy industry (002204) achieved an operating income of 2.84 billion yuan, a decrease of 17.26% over the same period of the previous year; The net profit attributable to the shareholders of the listed company was 21.3637 million yuan, a decrease of 73.10% over the same period of the previous year

CITIC Heavy Industries' innovative capacity release

yuzhangfa, general manager of CITIC Heavy Industries, said that in the current market is not very good, it is just an opportunity for enterprise development to connect to both ends of the capacitor. At this time, the capacity of innovative products accumulated by enterprises began to release gradually. There will also be a new integration in the heavy machinery industry as a whole. As of June 30 this year, the company has 338 valid patents, including 97 invention patents. The ordering index stabilized and rebounded. During the reporting period, the company achieved a new order volume of 5.048 billion yuan, a year-on-year increase of 3.18%

since 2014, CITIC Heavy Industry has vigorously promoted the three strategic transformations through innovation. On the other hand, it has accelerated the R & D and industrialization of new products such as energy conservation and environmental protection, increased the proportion of new products in the business structure, and transformed into a high-tech enterprise; On the other hand, accelerate the transformation to a complete set of service providers, and provide users with a package of overall solutions for industrial projects, including process design, product manufacturing, installation and commissioning, follow-up services and financing solutions; On the other hand, improve the global layout, explore the international market, and transform to an international enterprise. On the whole, the orders of plastic machinery in the United States in 2013 increased by 8% compared with last year.

CITIC Heavy Industries has made rapid progress in technology research and development. The company has reorganized the recent key R & D projects, and completed the preparation and implementation of key special plans for new technology R & D with the goal of achievement transformation. During the reporting period, some key R & D projects of the company have achieved phased results: the optimization of CDQ waste heat power generation process and the transformation of CDQ system technology have been completed. Phase I of Shoushan coking supporting project has been completed and put into operation for steam supply, and phase II is under installation and construction; Relying on the Tongli waste treatment project of the Yellow River, the technology of using cement kiln to treat municipal waste has been improved and optimized, and the research on waste pre separation technology has begun; The design and optimization of a complete set of process technology for waste heat power generation of high-efficiency furnace cooled sintering machine have been completed, and the civil construction drawings of Xingcheng Special Steel demonstration project and the main process construction drawings of power generation system have been put into storage

Yizhong has made some achievements in transformation.

affected by adverse factors such as shrinking market demand and declining product prices, Yizhong faces great challenges in its development and is in urgent need of transformation and upgrading. After hard exploration in recent years, the company has put forward the transformation and upgrading road of "paying equal attention to eight transformations", and has achieved certain results

in the next step, the company will focus on the following work, strive to achieve the annual goal of no loss, and lay a good foundation for the transformation and upgrading of the enterprise. This year, the company has increased its efforts in general contracting, and with general contracting as the carrier, it has continuously improved its project management and resource integration capabilities, and gradually turned the enterprise from a single manufacturer into a provider of comprehensive system solutions

it is reported that Yizhong relies on the new technologies and equipment developed by the company to extend to other fields, upstream and downstream, enter new industries, explore new ways of investment and trade, expand business scope, and expand the advantages of manufacturing equipment. In accordance with the principles of "specialization, automation, informatization, flow and greening", we should promote process reengineering, improve labor productivity, stabilize product quality, reduce manufacturing costs and reduce labor intensity. At present, the company has formed the strategic concept, operation ideas and specific implementation methods of comprehensive process reengineering, and has made substantial breakthroughs in forging, heat treatment process and other new equipment

the company will implement the following measures: first, release bad debt reserves. By strengthening the collection of payment for goods, accounts receivable offset, accounts receivable factoring, etc., the collection work was strengthened to reduce the total amount of accounts receivable. Second, increase operating income. Further strengthen market development and highlight the ordering of profitable products. Third, liquidation and suspension of contracts. On the basis of a comprehensive assessment of various risks, efforts should be made to clean up and settle accounts. Fourth, carry out recycling of waste. It is necessary to strengthen the classification of steel scraps and the cleaning and utilization of other industrial wastes, so as to increase the current profits of enterprises. Fifth, dispose of inefficient and invalid assets. Sixth, vigorously reduce various expenditures. The company will put new products into the market as soon as possible to form a new economic growth point. At present, China Yizhong is the only enterprise in China that can provide a full set of nuclear power large castings and forgings, nuclear reactor pressure vessels and pressurizers. On this basis, it will continue to develop manufacturing technologies such as nuclear power evaporator pilot production and reactor internals. The company has successfully developed horizontal roller mill, low-temperature multi effect seawater desalination process technology and complete sets of equipment, urban waste treatment equipment, dry flue gas desulfurization and denitration, heavy metal removal process technology equipment, coal tar, industrial waste oil and other technical equipment, and will focus on promoting the first set to enter the market in the future. In addition, the original products will also be improved and upgraded through technology, making an issue of lower cost and higher efficiency in terms of advanced technology, simple completion line, easy design, low interference, high transmission rate and good plantability, so as to extend the life cycle of the products

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