Local auto parts have implemented strategic adjustment

Looking at the development status of local auto parts and components , the growth rate of China's auto market continues to slow down. In order to gain a firm foothold, auto brands have pulled up the high-end banner, although this has caused independent brands to continue to increase market share in the competition. However, it has brought a lot of crisis to local auto parts companies that rely heavily on independent brands. In addition, multinational auto parts companies still continue to oversize the domestic market in order to further squeeze the living space of local auto parts companies. Therefore, local auto parts companies have adopted strategic adjustments and multi-pronged approaches to take the road to counterattack.

Mergers and acquisitions may be the fastest way for domestic auto parts companies to survive and enter the high-end market. In the first half of this year, there were three cases of mergers and acquisitions. On June 30, China National Aviation Industry Corporation acquired the US Suide Auto, which cost US$800 million to become China’s largest purchase of related assets in the US auto industry. On March 29 , Weichai Power again acquired a 4.95% stake in German KION with EUR 187 million. After completion, the indirect shareholding of Weichai Power will reach 38.25%. On March 23rd, China National Chemical Rubber Co., Ltd. acquired Pirelli for up to 7 billion euros, making it the largest investment in Chinese companies in Italy.

At the same time, domestic resource integration is also accelerating. Not long ago, Kunming Yunnei Power Co., Ltd. issued an announcement saying that it had completed the signing of an agreement concerning the establishment of Wuxi Tongyi Automotive Power Technology Co., Ltd. with related parties and jointly established a platform for the industrial technology development of the new energy vehicle power system. Experts in the industry predict that in the second half of the year in the auto parts sector, whether it is mergers and acquisitions of domestic companies or mergers and acquisitions of foreign companies, the pace of integration will accelerate, and this trend will continue to blow.

At present, in the Chinese auto parts market, the number of foreign-funded background enterprises accounts for 20% of the number of large-scale enterprises, and the market share accounts for more than 70%. Chinese-funded parts and components companies only account for 30% of the market share, and they show a downward trend, of which 90% The products are concentrated in low-end areas. In the future, with the transformation of the market itself into smart and environmental protection, domestic auto parts companies can only acquire a new living space by adjusting their product mix and extending the industrial chain.

The hot market for new energy vehicles also brings counter-attack opportunities to parts and components companies. According to the new energy strategic plan released by the vehicle manufacturers in the first half of the year, new energy production will also increase to a higher level in the second half of the year. To meet the needs of vehicle manufacturers, the investment in the new energy sector by component companies will increase in the second half of the year. Big.

In addition, the rapid growth of the new energy vehicle market has increased the demand for the electronic water pump market, which has opened the market gate for the electronic pump products of the West Pump Group. Four years after listing, the first refinancing project of Xipeng was successfully implemented and used for turbocharger housings, automotive water pumps, and electronic water pump projects. In addition to overweighting new energy sources, there are also some auto parts companies betting on complete vehicle manufacturing. Wanxiang Group and SAIC Motor have established a new energy bus company and established a new energy bus production base in Hangzhou.

In addition, the intelligentization of auto parts is also a breakthrough point. At present, the automobile is in the transition period of supporting intelligence, partial intelligence, and full intelligence. Foreign-funded parts and components companies such as Bosch and China have seized the commanding heights of the ADAS technology. China's auto parts and components are becoming more intelligent, and it is believed that with the transformation and adjustment of auto parts companies, it is likely that foreign companies will gradually form a match against the situation in the field of intelligence.

Meat Grinding and Chopping

Meat grinder and Chopper are indispensable equipment in the processing of meat products, and their function is to further crush and granulate the raw materials. The meat grinder is equipment that processes raw meat into granular meat fillings of different specifications according to different technological requirements during the meat processing and production process. It is widely used in various sausages, ham sausages, luncheon meats, meatballs, meat sauces, and pet food,and other meat products industries.
The chopping machine uses the cutting action of the high-speed rotation of the chopper to chop the meat and auxiliary materials into meat filling or minced meat, and it can also mix auxiliary materials, ice flakes, water and meat filling or meat together evenly. Especially due to the emulsification treatment of the chopper, the fine density and elasticity of intestinal products are greatly enhanced, and the emulsification effect, elasticity and fineness of meat products are maximized.

Shijiazhuang EFU Machinery Co., Ltd , https://www.efuequip.com