The performance continues to improve, and the profit of the hair planting machine continues to approach the critical point of growth

The performance continues to improve, and the profit of the tufting machine is approaching the critical point of growth. At that time, a robotics and automation area will be set up. The commercial consulates of 11 countries in Guangzhou have confirmed that they will enter the exhibition. The operating income of listed companies in the machinery sector in the first half of the year was 561.07 billion yuan, an increase of 5.73% year-on-year; the net profit attributable to the parent company was 27.19 billion yuan, a year-on-year decrease of 2.53%. As the largest exhibition of molds, hair planting machines, metal processing and plastics machinery in South China, the exhibition area of u200bu200b'DMP Exhibition' has set a new historical record again this year. The recovery trend of the machinery industry is obvious, continuing the trend in the first half of the year. The industry's total revenue growth in the third quarter remains unchanged year-on-year, and has basically reached the critical point of growth. We believe that the trend of industry cycle improvement has basically arrived. After that, as product prices increase and fixed costs are further amortized, resulting in cost reductions, profitability will gradually improve afterwards. With the shortage of the domestic labor force and the rapid increase in wage costs, automation equipment and energy-saving solutions for hair planting machines will become a highlight of this year's DMP exhibition. Domestic and overseas developments go hand in hand, and the third-quarter performance supports high growth. Among the nine representative railway equipment companies we selected, revenues totaled 161.902 billion yuan in the first three quarters of 2014, an increase of 28% year-on-year; net profit was 8.553 billion yuan, an increase of 66% year-on-year. Although the performance growth rate of sector companies has declined, in the medium and long term, shale gas extraction and application, natural gas pricing reform, and export of oil service business all have thematic opportunities, and when the anti-corruption in the oil industry comes to an end, you can pay attention to some parts. The valuation repair opportunities of individual stocks. Nearly one hundred world-class automation equipment suppliers for hair planting machines will focus on launching various new technology automation machinery and equipment, energy-saving products and high-precision equipment at this exhibition. Domestic railway investment continues to exceed expectations, overseas equipment projects are frequently reported, and the industry is booming. We are optimistic about the continued improvement of profitability in the future. Industry consolidation has intensified and the performance turning point is approaching. The global economy continued to pick up in 2014, and international trade has recovered somewhat. The recovery of the shipping industry's economy in 2013-14 was better than expected, which also drove the bottoming out of the profitability of related shipping equipment companies.