The stable growth of high-speed railway and other infrastructure projects will drive the demand for fasteners

During the “Twelfth Five-Year Plan” period, China’s fastener industry is faced with historical development opportunities of adjustment and rejuvenation, and from strong to strong, domestic and foreign market competition has intensified, and domestic deep-level contradictions will inevitably affect the pace of advancement of the industry, but promote industrial technological progress and innovation. The basic strength of development is irreversible, and the entire industry will achieve stable growth with an average annual growth rate of 15% to 18% in the process of transformation and upgrading.

The Twelfth Five-Year Plan is a strategic opportunity period in which the fastener industry in China is greatly changed from strong to strong. During this period, China will enter the latter stage of industrialization from the mid-industrialization period. Its distinguishing features are: the cost advantage will be gradually challenged, the potential for technological advantages is huge, the marginal benefits of R&D and investment in science and technology will increase, and the capital-intensive and technology-intensive industries will face rapid development. opportunity. With the loss of cost advantages, technological advantages will replace cost advantages and take the lead.

The basic parts represented by fasteners are not only the basic industries of China's equipment manufacturing industry, but also the important foundations for various fields of national economic construction. During the “Twelfth Five-Year Plan” period, the industry must rely on new advantages such as technological advancement, quality improvement, and product cost-effectiveness to achieve sustainable development while maintaining its partial cost advantage. It is expected that by the end of 2015, the total output of the industry will reach 750 million tons; Under the overall situation of expanding exports, the export products will assume a fluctuating growth trend. It is expected that the average annual export growth rate during the 12th Five-Year Plan period will be 8% to 10%. By 2015, the total export value of the whole industry will reach 30 billion Yuan.

The domestic market will continue to maintain a good growth trend in areas such as automobiles, agricultural machinery, high-speed railways, metallurgy, electric power, construction machinery and infrastructure. This will bring about a broad market space for the growth of fasteners demand.

1 Automobiles, it is expected that by the end of 2015, China's auto production and sales will both exceed 23 million. According to statistics, a light vehicle or passenger car fastener is about 500 specifications, 50kg, 400 pieces; and a medium-sized or heavy truck commercial vehicle requires about 7500 pieces of fasteners and a mass of 90kg. Calculated according to 70kg per vehicle, the annual demand for automotive fasteners is over 1.5 million tons.

2 Wind power, domestic market demand for megawatt wind turbines is very urgent, the national plan to 2015 wind power installed capacity to reach 70 million KW, and maintain a new rate of not less than 14 million KW per year. The demand for high-strength fasteners for wind turbines is calculated at 400kg per KW, and over 500,000 tons of high-strength fasteners are required for wind power.

3Nuclear power According to the national medium and long-term plan, by 2020, China will start the construction of more than 40 million nuclear power plants, and the total size of nuclear power will be equal to the current 20 Daya Bay nuclear power plants. More than 8.8 high-strength nuclear power special fasteners, special materials, fasteners, welding rivets products demand more than 8 to 10 million tons.

4 Agricultural machinery, the total output value of a series of agricultural machinery products such as tractors, rice transplanters and harvesters will reach RMB 250 billion during the “Twelfth Five-Year Plan” period. It is estimated that annual demand for all types of standard parts and fastening special-shaped parts will be over 150,000 tons, and the output value will be approximately 20. 100 million yuan.

5Construction machinery, during the "12th Five-Year Plan" period, the social machinery loader for construction machinery loaders, excavators, road rollers and other products will reach 6 million units, and the annual sales volume will be around 50,000 sets. It is estimated that annual demand for high-strength fasteners will be 2~ 30,000 tons.

6 High-speed rail, the high-speed railway, passenger dedicated line and inter-city rail transit will increase rapidly during the 12th Five-Year Plan period. It is estimated that the annual capital investment will be 300-400 billion yuan, and the annual demand for high-speed rail fasteners will be nearly 300,000 tons.

7 The maintenance and new construction of power, various grades of high-voltage, ultra-high voltage transmission towers will greatly increase the demand for electrical fasteners, and will require nearly 220,000 tons per year.

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