2017, the market environment is also full of many uncer […]
2017, the market environment is also full of many uncertain factors, we predict that even if the tool market growth will also be a modest growth. But the growth of individual industries, such as the aerospace industry, will be faster than the average. Sandvik Coromant in 2017 will soon launch a series of heavy innovation products and solutions.
In 2016 Sandvik Coromant's business development and China's machinery processing market have gone through a Xianyihouyang process. In the first half, the market situation is still in the doldrums, we also face a great challenge, under great pressure. Into the second half, China's manufacturing sector gradually released a positive signal, the machinery industry began to pick up, especially in the fourth quarter, the recovery is more obvious. A series of macroeconomic data gives us great confidence, the manufacturing purchasing managers index, industrial production index significantly better, more worth mentioning is that the producer price index stopped declining trend year after year, for the first time in years Negative to positive, which shows that China's efforts to production capacity has achieved great success. Two closely related to the tool industry is equally exciting, the auto industry in the second half of unusually strong growth is well known, the machine tool industry is also out of the doldrums since last year, production began to climb. We expect the machinery processing market to continue to maintain this growth momentum in 2017.
In recent months, our sales performance is also very good. Of course, thanks in large part to the market recovery and customer demand growth, but from our own endogenous driving force is the decisive factor in achieving sales growth. From the various sub-sectors we serve, aerospace is our fastest growing industry, in recent years has been our growth star in our overall business structure, the proportion increased year by year. Whether China's domestic aerospace companies or multinational companies are actively involved in a new generation of engine parts manufacturing, China's new range of aircraft is also about to enter the mass production stage. China's aerospace industry has an unlimited broad prospects. In terms of the material from the parts, the complexity of the structure or the stringent requirements of the quality, the aerospace industry is called the metal cutting the technical high ground. And Sandvik Coromant with its unquestionable strength in this area showed its heroic qualities. On the one hand, our high-quality, high-performance product positioning highly fit with the unique needs of customers, on the other hand, our ability to process services is also an important factor in customer choice and our cooperation. Now our services are no longer limited to providing cutting tools to help customers solve the processing problems, we are increasingly involved in customer programming, planning and other services, the scope of services is to customers upstream of the production value chain. The proportion of the automotive industry in any large tool company's business structure is the largest. National policy to promote the automotive market in 2016 the prosperity, but also a direct result of the tool market growth. The effect of this policy factor in the end to maintain long there is still a great deal of uncertainty. And we all in the mining and construction machinery market feel positive and optimism is very clear and determined. The state of highways, high-speed rail and other areas of investment will sweep away for many years in this industry, the haze, to promote the industry bottomed out.
2017, the market environment is also full of many uncertain factors, we predict that even if the tool market growth will also be a modest growth. But the growth of individual industries, such as the aerospace industry, will be faster than the average. Sandvik Coromant in 2017 will soon launch a series of heavy innovation products and solutions. In the spring, we will introduce a completely different with the conventional turning machining turning method. Our innovative results will have a fundamental impact on the future development of turning processes. In addition, we have made a major breakthrough in promoting the digitization of the machining industry. Our digital platform will link processing status monitoring, cutting process analysis and process planning to planning. This truly interoperable processing solution will greatly benefit the customer in optimizing the manufacturing process and enabling the customer to make the right manufacturing decisions. We hope that during the CIMT exhibition to Sandvik Coromant booth, learn more about these two new technologies, enjoy the charm of innovation.
Next year is the traditional Chinese Year of the Rooster, and Gallic rooster is a symbol of France, as a French, I am particularly looking forward to the new year! I wish you a happy New Year, family well-being, work smoothly!