The 12th Five-Year Development Target of the Machine Tool Industry Clearly Benefits Related Listed Companies

The reporter learned from the Ministry of Industry and Information Technology on the 18th that the development goal of the "12th Five-Year Plan" of the machine tool industry has been clear, and high-end CNC machine tools will become the focus of future development.   According to the development goal, China will move forward to the machine tool powerhouse in the next five years, and the industrial structure will be improved and improved. 80% of the domestic machine tools will meet the needs of domestic engineering projects, and the market share of CNC machine tools will reach 70%. Market participants believe that under the policy support of the competent authorities, high-end CNC machine tools will become an important highlight of the machinery industry, and related listed companies will accelerate development. Yan Houlin, a researcher at Galaxy Securities, pointed out that in the next five years, China is in a critical period of upgrading of manufacturing equipment, and there is a great demand for medium and high-end CNC machine tools such as large-duty, large-size, high-precision, etc., due to the technical content and product units of these products. And the added value is several times or even hundreds of times higher than ordinary machine tools. It is expected that the continuous growth of these products will become the main driving force of the machine tool industry. According to the National Medium- and Long-Term Science and Technology Development Plan (2006-2020), the development of high-end CNC machine tools will be raised to the height of national strategy. China will encourage domestic ordering and use of domestic CNC machine tools and support domestic production on major projects. Machine tools, cancellation of import preferential policies and other measures to increase the market share of domestic machine tools. Yan Houlin believes that with the support of relevant planning and policies, high-end CNC machine tools will become the development highlight of the entire machinery industry.

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