Talking about the main problems faced by the CNC spinning machine industry

The industry product structure is unreasonable, exports have fallen sharply, profits have fallen, and the company's liquidity chain has become increasingly fragile. The industry's economic situation is still grim.

1. The speed of new product development lags behind the rapid changes in market demand. As the overall industrial level lags behind that of Western industrial countries, the technical strength of industrial enterprises is not strong enough. China's development of high-end products lags behind the rapid pace of market upgrading.

2. Corporate liquidity is highly strained and it is more difficult to maintain normal operations. The decline in profits, the decrease in sales prices, the delay in picking up or canceling orders by users, and the lack of follow-up orders have made corporate liquidity highly strained. From January to May, the CNC spinning machine industry realized a profit of 5.94 billion yuan, down 21.1% over the same period; the product sales revenue profit rate was 4.7%, down 1.3 percentage points year-on-year. The unit price of the export CNC spinning machine dropped sharply. For example, the unit price of the gold-cutting CNC spinning machine dropped by 900 US dollars, a drop of nearly 50%.

3. The product structure must be further adjusted, and the production capacity cannot be effectively utilized. The changes in market demand have highlighted the contradiction of product structure in our industry. On the one hand, the production capacity of domestic high-end products is seriously insufficient, and on the other hand, the production capacity of traditional products is too large. This is particularly prominent in the ordinary CNC spinning machine and the economical numerical control numerical control spinning machine, and the price competition brought by it is even more cruel. Enterprises should solve the contradiction between product structure, production structure and talent structure as soon as possible through technological transformation and training of employees.

4. Beware of the repeated construction of large and heavy-duty CNC spinning machines. From January to May, the investment in fixed assets of the CNC spinning machine industry was still hot. The total investment amount of newly started projects and the amount of completed fixed assets investment increased by more than 50%. Recently, the association's research on more than 100 companies shows that more than 30% of CNC metal spinning machinery manufacturers in the industry are working on or preparing large and heavy-duty CNC spinning machines, which should be highly valued by the industry.