We always believe that the high-end machinery industry can move towards a new era of development

We always believe that high-end equipment is an inevitable choice for demographic changes and industrial structure upgrades. It is also one of China’s most endowed and internationally competitive industries in the future. China’s equipment industry in the next ten years will contain a large number of Investment Opportunities. We believe that the upgrading direction of China's hair planting machine machinery industry must be the emerging industry, and we also regard the emerging hair planting machine machinery industry as the main research direction. Whether it is oil and gas oil service, energy-saving and environmental protection equipment, maintenance equipment, high-end agricultural machinery, we are deeply involved. Research investment opportunities in various industry segments. Upgrade the rating of the planting machine machinery industry to recommended. According to the feedback from the agent’s grassroots survey, downstream demand began to warm up in the second half of February. Among them, the demand from customers in municipal construction and rural water conservancy has recovered the most. The factors that have caused the downstream demand for engineering tufting machinery to pick up mainly come from two aspects: one is that the early Spring Festival this year led to the early arrival of the peak sales season; the other is that with the fine-tuning of monetary policy, some downstream customers have begun to improve their funding. We believe that the low point of the current economic cycle of engineering tufting machine machinery is in the first quarter, and the industry will begin to recover after the second quarter. At present, the valuations of mainstream companies in the engineering tufting machine machinery sector are generally low, and there is much room for future valuation restoration. We mainly recommend listed companies with a high proportion of hair planting machinery in the business: Shantui Co., Ltd., Liugong, Xugong Machinery, etc.　 The production and sales of heavy-duty tufting machine machinery industry hit a new high. In 2011, the sales output value of heavy-duty hair planting machinery industry was 846.1 billion yuan, a year-on-year increase of 27.0%; of which, the metallurgical and mining machinery industry was 378.6 billion yuan and the material handling industry was 467.5 billion yuan. The export value was US$13.96 billion, a year-on-year increase of 20.37%; the import was US$6.89 billion, a year-on-year increase of 15.74%. Heavy machinery: 11.978 billion yuan in output value in 2011. Green energy-saving, energy-saving and emission reduction is a common issue in the world at present, so the energy-saving of forging machinery is of great significance. Forging and forming need to overcome huge deformation resistance. Traditional ordinary presses are bulky and consume high energy. The electric servo-driven press brings new hopes for the energy saving of forging machinery. The electric servo-driven press removes the flywheel, clutch and brake, and greatly simplifies the structure. Not only the movement characteristics of the slider can be adjusted arbitrarily, but also the energy-saving effect is obvious. At present, the electric servo direct drive technology has been applied to a variety of presses such as screw presses, punching machines, hydraulic presses, cross wedge rolling mills, and bending machines.