The mechanical tufting machine industry was born under the planned economy, with the development of my country's economy

my country's mechanical tufting machine industry was born under the planned economy, and has continued to develop in depth with the development of my country's economy, the acceleration of urbanization and the improvement of residents' living standards. Since 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 at the same time promoted the development of the domestic mechanical tufting machine industry. Since the late 1990s, the demand for machinery factories in domestic municipal construction and real estate landscape has expanded rapidly, which has promoted the rapid development of the domestic mechanical tufting machine industry. With the rapid improvement of production technology, domestic mechanical tufting machine enterprises began to try to enter the international market, and the entire industry entered a period of rapid development.
The competent departments 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 self-regulatory organization of my country's mechanical tufting machine industry is mainly the China Machinery Association.
At present, the management of the mechanical tufting machine industry by the regulatory authorities and self-discipline management 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's development environment. The operation and management at the level is completely operated by the enterprise based on the market-oriented approach.
From the industry point of view, the sub-new stocks that are currently broken are mainly concentrated in the two major industries of machinery equipment and construction materials, with machinery equipment accounting for 13 seats and construction materials accounting for 8 seats.
In fact, since the launch of the IPO in 2009, more small and medium-cap stocks have been listed. At the beginning of this year, the small and medium-sized boards and the GEM stocks that broke their shares showed a strong rise, and some of the broken stocks successfully regained their lost ground. It is easy to break when the machine market weakens. Industry insiders pointed out that some stocks on the GEM that have just been listed recently do not have a very good actual profit status, but they are irrationally sought after by the market. Sub-new shares with mediocre plans will naturally return to value.