Fangyuan bearing's ability to meet orders in the field of new energy has exploded
Fangyuan bearing's ability to meet orders in the field of new energy has exploded
China Construction machinery information
Guide: Fangyuan bearing is the largest domestic funded enterprise in China's slewing ring business, and its support products account for more than 95% of the company's main business income. The company's small and medium-sized ordinary slewing bearings are mainly used in cranes, excavators, piling machinery and concrete pump trucks. The WSM series electronic universal testing machine of Jinan new era Gold Testing Instrument Co., Ltd. can be used in the field of engineering machinery, which is mainly used to stretch, shrink and zigzag metal, non-metal and other materials, accounting for about 1/4 of the market So after using the tensile testing machine for a period of time
the square and circular bearing is the largest domestic funded enterprise in China, and the supporting products account for more than 95% of the company's main business income. The company's small and medium-sized ordinary slewing bearings are mainly used in the field of construction machinery such as cranes, excavators, piling machinery and concrete pump trucks, accounting for about 1/4 of the market share. It is an important supplier of slewing bearing products for Sany Heavy Industry, Zoomlion Heavy Industry, Shanhe intelligent, XCMG machinery and other construction machinery OEMs. It is expected that in 2010, the company will achieve breakthroughs in the market of complete machine manufacturers such as Doosan, Hyundai, Komatsu, Hitachi construction machinery, Carter and so on, and accelerate the process of import substitution
the company's products of various specifications have been used in the parade equipment array for the 60th anniversary of the founding of new China, and more types of products have been listed in the military procurement catalogue. Considering that the medium and high-end slewing ring products used in China's military equipment were heavily dependent on imports, after the company smoothly entered the military market, the import substitution speed of its products will accelerate. In the field of wind power, four precision slewing bearings (one yaw bearing and three pitch bearings) are needed to match a megawatt wind turbine. These four bearings account for about 5.9% of the total cost of the wind turbine. According to the conservative average price of 300000 yuan for each set of wind turbine support group, the market capacity of this field is close to 5.7 billion yuan in 2010 and is expected to be close to 10billion yuan in 2011, Although the company started late in the wind power support business, it has developed rapidly. The company has fully mastered the manufacturing technology of yaw support and variable pitch support for 1.5m watt wind turbines. As it seems to suggest that the spine can be stabilized and the new raised projects gradually reach production, the single capacity of the company's large circle and precision circle connection will be put into the second and third test pieces in the same way, and the single capacity of high MW wind power will increase rapidly at that time. In the field of solar energy, the working efficiency of "Sun chasing" solar power generation equipment is higher than that of fixed equipment%, which is the main trend of solar energy development and utilization in the world today. Its work is mainly completed by the transmission of slewing ring, which creates a huge market space for small slewing ring products. Since the first quarter of 2010, the company's orders in the field of solar power generation equipment have also shown significant restorative growth. It is understood that the company's price adjustment plan is in the preparation stage of research and has not yet been implemented. It is expected that the "price adjustment" will be officially implemented as soon as the middle of 2010, and the gross profit margin will be increased by about percentage points at that time. In the first quarter of 2010, the company's earnings per share was 0.06 yuan, an increase of more than 52% over the same period in 2009. However, it is understood that the actual operation of the company is more ideal due to the impact of revenue recognition and other factors. We judge that the company's performance in the second quarter of 2010 will show significant growth year-on-year or month on month, and it is not difficult to double the annual earnings per share of 0.39 yuan and 0.55 yuan
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