Compared with international advanced enterprises, Chinese electric valve companies still have a certain gap. From competing on the same stage in local areas to full range of equals, more electric valve people are needed to make progress. 'According to the statistics of the Electric Valve Branch of China General Machinery Industry Association, the domestic high-end electric valve market still needs to rely on imports. Even for domestic head valve companies, the market share is still less than 2%. In 2019, there were nearly 2,000 domestic valve companies above designated size. But no company can compare with international electric valve giants such as Fisher, Tyco, Adams, etc. What are the reasons for this situation? Valve manufacturers believe that, unlike general perception, the electric valve industry is technology Intensive industries, such as energy, petrochemical, metallurgy, nuclear power, etc. The working conditions are complex, and the valve parameters are extremely demanding. For safety reasons, large projects will not easily change suppliers, which has caused domestic companies to enter new fields. Difficulty. On the other hand, the electric valve industry is relatively fragmented, and downstream customers’ needs are customized. Even if it is a leading enterprise in a certain application field, it is not easy to cut into new categories. 'But it is obvious that the electric valve industry The trend of increasing concentration is accelerating. 'Valve firmly said, 'The downstream valve industry has entered a stage of structural adjustment. Subject to the dual pressures of supply-side reforms and environmental protection control, metallurgical, energy and petrochemical companies must put capacity transformation on the agenda, and choose top quality suppliers. the best choice. On the other hand, large domestic valve companies have the strength to engage in more capital operations. This year’s epidemic will also accelerate the adjustment of the industry. Since 2020, the order amount of Shentong has increased rapidly. I believe that the same is true for other leading companies in the industry. Accelerate industry clearance, and large companies will have more market shares. 'From a business point of view, valves are also fully prepared for the upcoming industry adjustments. In the metallurgical field, the company's main products such as electric butterfly valves, electric ball valves, electric gate valve
s, and electric actuators have a market share of more than 70%. In the future, the company will With new products and new technology application demonstration bases, we will fully enter the field of general electric valves. With the help of the company's leading advantage and demonstration role in the field of special valves, the electric valve market has seized more shares. In the past two years, Valvecom has actively implemented transformation and upgrading. The original single product manufacturing extends to manufacturing + service, from civilian products to military products, vigorously promoting information management and process management, and continuously improving the core competitiveness of the company. The company is expected to continue to grow and lead the domestic electric valve industry to continuously increase the industrial concentration , To obtain the strength and opportunities of Chinese valve companies and international giants on the same stage. Knowing the shortcomings and pain points of the domestic valve industry, I also inspected the development paths of many outstanding companies. It is relatively easy to make electric valves, but I want to do Good but difficult. It is not easy for any company to cut into the field of new products and do a good job. 'The development of a company is not only one path. Large external companies actively seek control rights, which can introduce more magical powers. Resources to realize the rapid development of listed companies, why not do it? As long as it is something that is beneficial to the company's competitiveness and future development, it is worth doing. It is not empty talk to return users with high-quality products and high-quality services, and it is not big talk to serve the country by industry, from the choice of materials to seismic and radiation resistance tests. , Anti-aging tests, from parts processing to prototype test assembly and various tests, Wu Jianxin led the technicians to overcome difficulties one by one and achieved gratifying results. I am very optimistic about the future development prospects of the valve industry, but our market share is still very low compared to the valve market demand scale of about 6 billion in the metallurgical industry. For example, we have just shipped some electric valves, and the quantity is still small; electric butterfly valves, electric ball valves, and electric actuators have successfully broken the foreign monopoly, which provides a good opportunity for us to continue to expand the market. We have technology, quality, team and pursuit, and we are unswervingly running in the direction of high-quality development and domestic substitution. While realizing the company's long-term development, it also makes due contributions to the development of the domestic valve industry. Relying on the spirit of integrity, innovation, diligence and pragmatism, we are striding forward with the pace of 'taking small steps, non-stop, and making progress every yearThe goal of creating a first-class enterprise continues to advance.
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