China's high-end equipment manufacturing welcomes gold growth in the next 10 years

Equipment manufacturing industry is a symbol of the rise of a country’s strategic industries and industries. It is the foundation and core competitiveness of a country’s manufacturing industry. The industry generally believes that in the next 10 years, China's high-end equipment manufacturing industry will usher in gold growth, and will become an important pillar industry of the national economy.

According to the "Decision of the State Council on Accelerating the Cultivation and Development of Strategic Emerging Industries," the high-end equipment manufacturing industry, which is one of the strategic emerging industries, mainly includes aviation equipment industry, satellite industry, rail transportation equipment industry, marine engineering equipment, and intelligent manufacturing equipment. 5 major segments. According to the analysis of each of the five major areas, BOC International believes that in the aviation equipment industry, they expect that the entire aviation industry in China will output 400 to 480 billion yuan in the next three to five years. It is optimistic to estimate the output of the aviation industry after 2020. Up to 1.6 trillion. From the perspective of the domestic main line and large aircraft industry chain, they proposed to focus on aviation power and Chengfa Technology, which benefited from the localization strategy of civil aviation engines; AVIC Electronics, an aviation airborne systems segment of AVIC; leading technology; and share of the C919 body contract. Major airframe components lead Xifei International, Hongdu Aviation and AVIC as the overseas holding platform for the aviation industry.

In the satellite industry, investors are advised to pay attention to Chinese satellites focusing on the design, development, and application of small satellites; focus on the development of domestic satellite navigation products, application of information systems, and operation services; and Beidou Xingtong, a leading satellite navigation specialist; The Beidou RF chip and several generations of chip processing technology are leading, and the largest supplier of Compass terminal products in the field of defense is Guo Teng Electronics.

In the marine engineering equipment industry, they recommend that investors focus on directly benefiting the exploitation of offshore oil and gas fields, and the only general contractor in the country that undertakes the offshore oil and gas field development project; and pay attention to CIMC, whose subsidiary Yantai Raffles is a domestic company. The major drilling platform makers followed ZPMC's acquisition of F&G, the world’s leading marine engineering designer. The company’s offshore engineering design capabilities have been greatly enhanced, and the offshore engineering business will become a new growth point for the company’s profits; Its major ship group is one of the major drilling and production platform manufacturers in China; it is concerned with China Shipbuilding and its subsidiary, Waigaoqiao Shipyard, is one of the major domestic drilling and production platform manufacturers.

In the smart manufacturing equipment industry, BOC International recommends that investors pay special attention to Kunming Machine Tool with a higher product quality and the strongest profitability in the industry; a comprehensive product line with Shenyang Machine Tool with its own brand CNC system; leading products directly benefit motor vehicles and auto parts. The Qinchuan Group has developed a booming industry; it focuses on the Han Zhong Precision Machine in the field of screw compressors.