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China Hydraulic Industry Will Usher...
China Hydraulic Industry Will Usher In New Opportunities For Development In 2013: Part A
Accompanied by the Ministry of machinery basic parts of the industrial promotion program for the implementation of the enactment and high-end engineering machinery hydraulic work platform at the end of last year the preparatory body established, core components of the hydraulic engineering machinery in China special battle entered a substantive stage.
Reform and opening up 30 years to, China enterprise in engineering machinery all subdivision area almost are achieved in domestic market occupies led status, but hydraulic pieces, and engine, and electric controlled system three large core parts technology of missing has been constraints with China engineering machinery industry forward towards international market, and caused China engineering machinery industry long-term large and does not strong of situation, makes China engineering machinery industry over 70% of profit was abroad parts Giants grab.
Imports of parts and components not only occupy the total cost of construction machinery greater weight, but also to enable timely supply of these key components have been seriously affecting China construction machinery enterprises normal production and operation activities.
In engineering machinery hydraulic parts, engines, electronic control systems in three core parts, hydraulic technology is the greatest bottleneck of development of China's construction machinery enterprises, in terms of high pressure large capacity hydraulic excavator equipment, domestic excavator parts enterprises of products are also difficult to meet matching requirements for manufacturers of domestic excavator, excavator core components rely heavily on imports, has devoured most of Chinese excavator industry profits.
90 of the last century, XCMG "market for technology" road, and the United States formed Shandong construction machinery giant Caterpillar excavator joint venture company, but due to technical slower digestion and innovation, in hydraulic technology, large technological breakthroughs are difficult. Xugong group wants to achieve breakthrough technology by way of mergers and acquisitions, has acquired two European enterprises with high-end hydraulic parts manufacturing core technology.