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Rapid growth momentum of railway equipment
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The machinery industry sales growth high monthly fall back to normal growth.
1-6 February industry achieved a total output value of 6 trillion and 592 billion 192 million yuan, an increase of 36.94%, hit a new high this year. From the point of view of sales growth, from the perspective of value year-on-year growth trend, 1-2 month --1-6 month growth rate of respectively 45.49% and 42.35%, 40.43%, 38.93%, 36.94%, mechanical industry, industry wide month were down about 2 percentage points, before the beginning of the expected full year high after low stepwise regression to normal growth basically established.
Exports increased dramatically, sustained growth prospects remain uncertain.
Affected by the base effect last year, 1-6 months to complete the entire industry export delivery value of 650 billion 900 million yuan, an increase of 32.26%, an increase of 1.69 percentage points. Released from the States, the eurozone, Britain and the rest of Asia's manufacturing PMI index display, previously the rapid pace of industrial output has slowed, global industrial recovery uneven background to export recovery of sustained high growth prospects is still not optimistic.
Engineering machinery growth topped the list, with the best level in history.
Driven by infrastructure construction, engineering machinery industry sales year-on-year growth rate since February this year in the overall upward trend, from January to June, the engineering machinery industry completed a total output value of 2145.89 billion and 60.46% year-on-year growth; export delivery value of 83.36 million, year-on-year growth rate from 1-2 months of 2.68% provided high to 49.68%, growth rate ranked machinery industry first, showing the best level in history.
Machine tool exports rebounded, sales to maintain rapid growth.
1-6 months, the machine tool industry achieved a total output value of 274 billion 934 million, an increase of 42.14%, significantly higher than the growth rate of the same period last year. 1-6 months export delivery value of 18 billion 238 million, an increase of 43.06%, of which CNC machine tool exports began peatlands, export growth of up to 72.12% 1-5.
Railway equipment showed a rapid growth momentum.
1-5 month railway equipment industry completed sales value 84320.75 billion, an increase of 46.66%, export delivery value of 3207.72 billion, up 39.33%, compared with the growth rate of 1-2 months to speed up 32.7 percent, showing the whole momentum of rapid growth.
Investment strategy: promising construction machinery, railway equipment and aerospace.
In the mechanical sub sectors, focusing on engineering machinery, railway equipment and aerospace. Mechanical engineering recommended product structure more perfect, in July rose relatively low, growth performance better than the industry average of Sany Heavy Industry, with Shantui shares; railway equipment optimistic about the current handheld orders rather full and relatively small market value of CSR of China North Locomotive, and fasteners are leading Jin billion industry and intelligent signal power provider of professional Ding Han Technology; aerospace recommended is expected to benefit from the asset integration of aerospace power and science and technology, and satellite manufacturing industry chain and improve the China satellite.