Heavy machinery industry declines

Recently, according to relevant sources, the growth rate of the heavy machinery industry has declined significantly this year. The demand for industries such as metallurgy, non-ferrous metals, building materials, and power in the traditional service sector has shrunk severely. Investment in the industry has dropped significantly, and new construction and technological transformation projects have also become noticeable. cut back. The third-quarter statistics of the heavy machinery industry also showed in varying degrees that the industry is currently in an unfavorable situation.

Poor performance in the third quarter

Recently, the Heavy Machinery Association announced the statistics of industry production and sales in the previous August. The gross industrial output value of the 3766 heavy machinery enterprises was 625.427 billion yuan, an increase of 12.4% year-on-year, and the value of export delivery was 46.623 billion yuan, a year-on-year increase of 21.44%. The Association statistics 1985 metallurgy mining industry enterprises, industrial output value of 284.046 billion yuan, an increase of 12.44%, export delivery value of 9.435 billion yuan, an increase of 24.75%; 1781 enterprises of material handling machinery industry total output value of 341.38 billion yuan, The year-on-year increase was 12.38%, and the export delivery value was 37.188 billion yuan, a year-on-year increase of 20.63%.

Judging from the statistics of the Heavy Machinery Association, heavy machinery companies still maintain a relatively stable growth momentum. The actual situation of leading enterprises is not very good.

The most significant drop in China’s performance was in the first three quarters. The company’s net profit for the first three quarters was RMB 51,398,800, and the basic earnings per share was RMB 0.0079. The third quarter net profit loss was RMB 8,338,100, a year-on-year decrease of 119.32%. In the first three quarters of double-reloading, the sales revenue was 2.91 billion yuan, a decrease of 42.43%, and the net profit attributable to the parent company was a loss of 997 million yuan, compared with 81.66 million yuan in the same period of last year, and the earnings per share was -0.59 yuan. Taiyuan Heavy Industry posted a net profit loss of 233 million yuan in the third quarter, a year-on-year decrease of 291.17%, and a loss per share of 0.0558 yuan. Dalian Heavy Industry's total operating revenue was 6.437 billion yuan, a year-on-year increase of 37% and a net profit of 437 million yuan, a year-on-year decrease of 26.54%. CITIC Group's net profit attributable to shareholders of listed companies in the third quarter was 108 million yuan, down 14.75% year-on-year; basic earnings per share were 0.04 yuan; in the first three quarters, net profit attributable to shareholders of listed companies was 510 million yuan, and earnings per share was 0.22 yuan. .

Li Jing, chairman of the Heavy Machinery Association, said recently that the Heavy Machinery Association conducted surveys in Jiangsu, Zhejiang, Henan, Shandong, Shanxi and other places. The results of the survey show that the actual production and operation of the company are extremely cold and heavy. In the face of such a form, it is necessary to stabilize its position and calm down. The second is to make up for the fate and take a long-term view; the third is to adhere to the long-term strategy.

The steady development of nuclear power

The heavy machine industry also has new positive signals in the near future. One of them is the review of nuclear power systems. Recently, Premier Wen Jiabao of the State Council presided over the executive meeting of the State Council to discuss and approve the "Nuclear Power Safety Planning (2011-2020)" and "Nuclear Power Mid- and Long-term Development Plan (2011-2020)". The executive meeting of the State Council stated that it is necessary to “reasonably grasp”, “steadily advance” and “steadily restore normal construction” at the rhythm of the construction, and build new nuclear power projects in compliance with the world’s highest safety requirements at the entry barriers.” The release of these signals indicates that Fukushima, Japan After the nuclear power accident, the China Nuclear Power Approval Gate that had been frozen for nearly 20 months was opened again.

China is currently the world’s largest nuclear power company under construction, and nuclear power under construction accounts for about 40% of the world’s total. Luo Baihui, chief analyst of Jinmo Energy Network, believes that the nuclear power planning passed by the State Council on the 24th will be the first to have a positive impact on the company's performance. According to reports, China First Heavy is mainly engaged in nuclear power plant nuclear island primary circuit forgings and nuclear reactor pressure vessel manufacturing, and is the first equipment to be manufactured in nuclear power plant equipment. After the equipment is manufactured, it will be handed over to Dongfang Electric and other companies for installation of other equipment. "This will make the company's performance earlier by the positive impact of nuclear power planning."

Affected by the nuclear leakage in Japan last year, in the first half of this year, the revenue of a single nuclear power plant was only RMB 250 million, a sharp drop of 52.46% year-on-year.

It is not yet possible to predict the company’s order quantity for nuclear power equipment, and it is impossible to predict whether the company’s 2013 nuclear power equipment revenue can return to its 2010 income level. However, he said, “China has a core technology in third-generation nuclear power equipment. The company's forging steel is smelted by itself. The weight of a single steel ingot can reach 500-600 tons, and other domestic iron and steel companies such as Baosteel have no such production capacity. The type covers all equipment of the first-generation circuit of the third-generation nuclear power plant.

In addition, the dual-nuclear power plan is also accelerating. The sealed chamber forgings of coolant pump used in Fuqing Nuclear Power Project have recently passed the joint inspection by users. Its mechanical properties, grain size and other indicators have fully met the technical requirements. Once qualified, it marked the largest nuclear power copper-containing steel forgings in China. Machinery Group company successfully developed.

The forgings of Fuqing sealed chamber in China's second-tier production are made of electroslag ingots. The weight of steel ingots is 17 tons and the weight of forgings is 11 tons. It is currently the largest electric slag ingot and forging produced in China.

The successful manufacture of the copper-containing steel forgings signifies that China Shuangzhong has mastered the core technology of the forging production of this material, realized independent research and development, independent manufacturing, and has mass production capacity, successfully replaced imports to achieve localization, and filled the domestic gap.

The steady implementation of the nuclear power program of the two leading domestic heavy machinery is also one of the signals for the further development of nuclear power.