Surface grinding machine steady development into the mainstream industry

Surface grinding machine steady development into the mainstream industry

Stable growth of fixed asset investment, investment in fixed assets investment in grinding ratio and stability. Implementation of the austerity policy, no significant decline in fixed asset investment, growth has remained above 20%. Equipment and Instruments proportion of fixed asset investment to maintain about 20%, and long-term stable. 2009 years ago, four months of Equipment and Instruments rose 23.4%, 20.5% of total fixed asset investment ratio. Automotive, aerospace, railway and other downstream industries continue to drive strong demand for Grinding machine tools. Automotive industry-wide consumption of about 40% of Grinding machine tools, Grinding machine tools for manufacturing the current state vehicle is still the main imports, import substitution potential future. The rapid development of the country air, shipping industry will also pull large, heavy, precision grinding requirements. In the railway sector is estimated at 08-10 more than 700 billion investment in infrastructure, rolling stock purchase amount of 200 billion yuan, 55.0 billion transportation equipment renovation, during which will drive demand for large Grinding machine tools. Import substitution, export to accelerate new growth grinder. Domestic needs of Surface grinding machine needs faster than normal. In particular, high-end Surface grinding machine, still need to import large quantities. grinder domestic strong demand, production can not meet the requirements, and mainly to the low end. Surface grinding machine exports mainly to the low end, but already being felt, made on grinder huge cost advantage, export began to speed. Raw material prices slightly on the industry impact of RMB appreciation. At present the Grinding machine tool business's products, price increases of about 3%, costs 10% of the gross margin impact will be within 2 percentage points. Appreciation of the RMB against the U.S. dollar against the euro and other major currencies, and exports to the U.S. ratio of only 14.98%, while exports to other countries and regions accelerated RMB appreciation on China Grinding machine tool industry, a limited negative impact on exports.

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