① Seven departments including the Ministry of Industry and Information Technology recently jointly issued the “Implementation Plan for Promoting Equipment Renewal in the Industrial Field”, which states that the focus is on promoting the renewal of machine tools that have been in service for more than 10 years in the industrial mother machine industry. ② Guojin Securities Research Report pointed out that support policies drive domestic market demand, and continued to be optimistic about core links in the industrial chain such as CNC systems, rolling functional parts, and high-end machine tools for 24 years.
Seven departments including the Ministry of Industry and Information Technology recently jointly issued the “Implementation Plan to Promote Equipment Renewal in the Industrial Sector”, which proposes that by 2027, the scale of investment in industrial equipment will increase by more than 25% compared to 2023, the penetration rate of digital R&D and design tools and the numerical control rate of key processes in industrial enterprises above scale will exceed 90% and 75%, respectively. Major industrial provinces, cities and key parks will cover the full digital transformation of industrial enterprises. Production capacity below the energy efficiency standard level in key industries has basically reached the energy efficiency level, and the level of intrinsic safety has improved markedly, and the promotion and application of innovative products will be accelerated and advanced The share of production capacity continues to increase.
The document points out that for industries with overall production equipment such as industrial mother machinery, agricultural machinery, construction machinery, and electric bicycles, etc., the elimination of outdated, inefficient equipment and old equipment that has been out of service will be accelerated. The focus is on promoting the industrial mother machine industry to renew machine tools that have been in service for more than 10 years, etc. At present, China's low-end CNC machine tools have basically reached self-sufficiency, and mid-range CNC machine tools have basically been replaced, yet the localization rate of high-end CNC machine tools is still at a low level. The Guojin Securities Research Report points out that support policies drive domestic market demand, and continued to be optimistic about core links in the industrial chain such as CNC systems, rolling functional parts, and high-end machine tools for 24 years.
According to the Finance Federation's theme library, among the relevant listed companies:
Huazhong CNC is a leading enterprise of high-end CNC machine tools in China, with a perfect layout in the fields of automotive+aerospace+military.
Kode CNC is in the first tier of domestic five-axis linkage high-end CNC machine tools. Its main products include high-end CNC systems and servo drives for high-end CNC machine tools.