Metal forming machine are in the direction of industrial upgrading.

December 18, 2018

The worst period of the metal forming machine tool industry has passed. In 2017, as the macroeconomic growth slowed down, the revenue from the metal forming machine tool industry fell from 32% in 2016 to 4%. In the first half of 2018, the industry revenue growth rate has slowly risen to 16%. We believe that the industry's worst-case period has passed, with investment targets that are cheaply valued, have sufficient new product reserves, and are positioned in the direction of industrial upgrading.

Feiyang has a high rate of digital control of its products and positions high-end products, benefiting the upgrade of its downstream product structure. The numerical control rate of the company's forming machine tools is over 90%, positioning the mid-to-high end, and it is in line with the industry upgrading direction of downstream automobiles and home appliances. The company's products have little difference with the international advanced level in terms of parameters such as speed and accuracy, and the product sales price is more than 30% cheaper, and the cost-effectiveness advantage is obvious. Compared with similar products of domestic enterprises, the company's products have a leading position in technical quality and are reliable. Sex and stability are better. The company has accumulated years of experience in the application of robotics in metal sheet processing equipment, and has successfully developed various forms of flexible sheet metal processing units and processing systems around the needs of high-end customers for automation and intelligent metal sheet processing. Material loading, automatic feeding, six-axis operation robot and metal plate material library can realize automatic continuous production of punching and bending processing. The company currently has 30 million orders in hand, and we expect it to achieve a revenue of about 50 million yuan in the second half of the year and a growth of more than 150% next year.

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