The mechanical tufting machine industry was born under the planned economy and accompanied by the development of my country’s economy

my country's mechanical tufting machine industry was born under the planned economy, and continues to develop with the development of my country's economy, the acceleration of urbanization, and the improvement of residents' living standards. Beginning in the mid to late 1980s, international mechanical tufting machine manufacturers such as MTD, TORO, STIHL, and HUSQVARNA began to enter the Chinese market. They introduced various mechanical tufting machine products into China and also promoted the development of the domestic mechanical tufting machine industry. Starting from the late 1990s, the domestic municipal construction, real estate landscape and other machinery factories have rapidly expanded demand, which has promoted the rapid development of the domestic mechanical planting machine industry. With the rapid improvement of production technology, domestic mechanical tufting machine companies have begun to try to enter the international market, and the entire industry has entered a period of rapid development. The competent authorities of my country's mechanical tufting machine industry are the Ministry of Industry and Information Technology, the National Development and Reform Commission, and the National Machinery Bureau. The main self-regulatory organization in my country's mechanical tufting machine industry is the China National Machinery Association. At present, the management of the mechanical tufting machine industry by the regulatory agencies and self-regulatory agencies of my country’s mechanical tufting machine industry is mainly reflected in the macro or industry-level monitoring and management such as formulating industrial policies, planning industry development strategies, and optimizing the industry development environment. Operational management at the level is completely operated by the enterprise based on a market-oriented approach. From an industry perspective, the current sub-IPOs are mainly concentrated in the two major industries of machinery and equipment and construction materials, with machinery and equipment accounting for 13 seats and construction and building materials accounting for 8 seats. In fact, since the launch of the IPO in 2009, many small and medium-cap stocks have been listed. At the beginning of this year, the small and medium-sized stocks and ChiNext stocks have seen strong rises. It easily breaks when the machine market weakens. Industry insiders pointed out that some of the newly listed ChiNext stocks are not very profitable, but they have been irrationally sought after by the market. This makes ChiNext and small and medium-sized companies have a relatively high degree of mechanical planting machines. Some of them are distributed through distribution. Sub-new stocks with mediocre plans naturally require a return of value.