Due to the long-term low profits, the “hollowing†trend of manufacturing is causing concern. Recently, the China Enterprise Confederation released the "2012 China Top 500 Development Report", saying that while the individual size and overall size of the top 500 Chinese enterprises have expanded substantially, the number of enterprises with negative growth in profit has increased significantly, and performance in many industries has fallen sharply. The phenomenon. In addition, the “gap†between the manufacturing industry and the commercial banking industry continues to expand, and the manufacturing industry is now “hollowingâ€. According to the report, 14 commercial banks ranked in the top 500 achieved a total operating income of 3.25 trillion yuan, an increase of 30.32% over the previous year. Among them, China's five largest commercial banks accounted for 5.7% of the total operating income of the top 500 enterprises, but their profits accounted for 32.2%; at the same time, the corresponding total operating income of 272 manufacturing enterprises accounted for The top 500 is 42.7%, but the profit is only 25.04%. This is also the case that five commercial banks accounted for more than 500 profit margins in the past five years, and the manufacturing industry accounted for the largest decline in manufacturing profits. From the data in recent years, it can be found that the “gap†of the benefits of commercial banking and manufacturing enterprises has expanded. Prior to this, between 2007 and 2010, the total revenue of the top 500 manufacturing enterprises accounted for more than 40% of the total of the top 500, while the total profit was only about 30% of the total of the top 500. In the same period, the total operating income of the five largest state-owned commercial banks in China was only about 6% of the total of the top 500, and the total profit accounted for about 27% of the total of the top 500. In this regard, the report pointed out that there is a disparity in the profit gap between the industrial sector and the commercial banking sector. In the long run, under the conditions of market economy, capital will inevitably flow out of the industrial sector and flow to the financial sector, and China's manufacturing industry will inevitably have a “hollowing†trend. "Industrial hollowing out" will have a huge impact on the healthy development of the manufacturing industry." Hu Chi, a researcher at the Research Institute of the State-owned Assets Supervision and Administration Commission of the State Council, said in an interview with the Economic Information Daily that the manufacturing industry is highly stable due to its stability. The foundation. For example, the United States chose to return to manufacturing after the financial crisis, precisely because manufacturing has an irreplaceable role in stabilizing the country's economic development. Hu Chi believes that manufacturing companies should choose product or industry upgrades, increase research and development to increase added value, increase profits, rather than choose to flee. Indeed, at this stage, manufacturing companies are not a minority. Wang Wenyin, chairman of the Board of Directors of Zhengwei International Group Co., Ltd., said that due to the low profit of the manufacturing industry, some companies had to be forced to change their real estate. "Now many famous large enterprises in China are doing real estate and becoming the industry with 72 different routes. It is worth pondering." The reason for these phenomena is the overall decline in manufacturing profits. The data shows that among the top 500 Chinese companies in 2012, there were 272 manufacturing enterprises, a decrease of 7 from the previous year; the average income profit rate was 2.74%, a significant decrease from the previous year's 3.15%, and the average asset profit rate was also from the previous year. 3.3% fell to 3.03%. It is worth noting that not only has the manufacturing profit margin decreased, but the number of listed companies has also decreased for five consecutive years. From the perspective of corporate profitability, the Top 500 Manufacturing Report shows that as a net asset profit rate reflecting the comprehensive indicators of corporate profitability, the average net profit margin of the manufacturing industry in 2012 was 12.15%, down 0.65 percentage points from the previous year. This means that the average profitability of the top 500 manufacturing companies is lower than last year's level. It is worth noting that as the ferrous metallurgy and rolling processing industry, which is a large number of shortlisted households, the average profit margin is only 1.56%, and the profitability is almost at the bottom. In this regard, the report said that the main reason for the decline in the profit rate is that while the operating income and assets of China's manufacturing enterprises are growing substantially, the profit growth has dropped significantly. "The slowdown in the economy, the decline in growth rate, the increase in costs, and the increase in restrictions are the main reasons for the sharp decline in profits of manufacturing enterprises." Hu Chi believes that China's manufacturing industry is in the period of transformation and upgrading, due to the long time and cost of transformation and upgrading. High, coupled with poor overall external environment, caused the overall profit margin of the industry to be low. Wang Zhongyu, president of the China Enterprise Confederation and China Entrepreneur Association, said that under the background of the complex and volatile international economic and political environment and the slowdown of global economic and trade growth, the basic conditions on which China's large enterprises have long-term rapid growth are changing. On the one hand, the rising trend of labor prices is irreversible, and the cost of capital is getting higher and higher. On the other hand, environmental requirements such as carbon emissions have become hard constraints. Therefore, the development of large enterprises in China has also been more manifested in the rapid expansion of scale, but the level of profitability has not been kept up. For the sustained and stable development of the company, the report recommends that the ability of corporate policy research should be strengthened to improve the ability to cope with complex environments; return to the main business, prudent investment and diversification; increase investment in research and development, strengthen independent innovation; master international market rules, break through international standards The initial stage of the process.
Diamond Grinding shoes double bar trapezoidal tool - two abrasive segments are evenly embedded in the metal through a fine manufacturing process.
Strong scraping ability and high durability. Long service life.
-Metal substrate can meet dry/wet applications.
-Commonly used for floor grinding.
PCD grinding shoes arrow-shaped - double PCD gments and two arrow-shaped diamond sectors.
- Application: Floor grinding
Pdc Shoes,Polycrystalline Diamond Compac,Floor Polishing Tools,Floor Grinding Tools
Henan Bohong New Material Co., Ltd , https://www.bohongpcd.com