NEWS Center

11

2015

-

12

Initial Results in the Transformation and Upgrading of Domestic Machinery Enterprises in Response to Difficulties

Classification:


【Summary description】Taking Cixing Co., Ltd. as an example, the company's main business is the research and development, production, and sales of computer knitting machinery. Due to a decrease in orders from downstream sweater processing factories, the company's net profit loss in 2014 will exceed 200 million yuan. At present, the transformation direction chosen by the company is intelligence, and the company's robot investment has begun to layout.

In response to the global economic downturn, domestic mechanical enterprises have accelerated their pace of self rescue and achieved significant results.

Taking Cixing Co., Ltd. as an example, the company's main business is the research and development, production, and sales of computer knitting machinery. Due to a decrease in orders from downstream sweater processing factories, the company's net profit loss in 2014 will exceed 200 million yuan. At present, the transformation direction chosen by the company is intelligence, and the company's robot investment has begun to layout.

Some companies have undergone more thorough transformation. Taking Sida High Tech as an example, due to a decrease in orders from State Grid, the company is expected to experience a loss of 60 million to 80 million yuan in 2014, a year-on-year shift from profit to loss. In the case of continuous downturn in the main business, Henan Zhenghong Real Estate Co., Ltd., the original controlling shareholder of the company, plans to transfer 20.03% of the company's shares to Beijing Zhidu Depu Equity Investment Center (limited partnership) at a price of 630 million yuan. Zhidu Depu, who has obtained control of the company, promises to inject high-quality assets with high growth potential in fields such as medical and health TMT, culture and sports, new materials or energy into Startech after the acquisition is completed, in order to achieve the cross-border transformation of Startech.

The mechanical "duo" are also making great strides on the path of industrial transformation and upgrading, with Zoomlion Heavy Industries transitioning to high-end agricultural machinery, while Sany Heavy Industries is at the forefront of the industrial 4.0 layout.

With the relevant investment gradually ushering in gains, especially with the promotion of the national "the Belt and Road" strategy, the relevant orders are expected to gradually deliver results in 2015, which will be a year when many machinery enterprises make substantial progress in transformation, upgrading and business expansion.