Instrumentation industry development

1. The pace of restructuring and reorganization of state-owned enterprises was accelerated In 2004, China’s four-instrument Instrument Group Corporation, the leader in the instrumentation industry, invested in the new northern district of Chongqing in accordance with the industrial planning of Chongqing in 2003 based on the diversified investment reforms. The establishment of a R&D and production base for instrumentation and instrumentation was laid on the foundation of November 8th, attracting extensive attention at home and abroad.

State-owned enterprise restructuring, transformation and related reform measures have been intensified. In 2004, some state-owned key enterprises have already become privately owned. Such as Kaifeng Instrument Co., Ltd., Hefei Jingda Instrument Co., Ltd. has been restructuring, privatization. The total output value of state-owned enterprises was 16.11 billion yuan, an increase of 11.5% year-on-year; sales revenue was 16.29 billion yuan, an increase of 13.4% year-on-year; total assets increased by 2.9% year-on-year. State-owned enterprises accounted for 13% of the total industry, and sales accounted for 13.7% of the industry. The growth of gross production value and sales revenue has been noticeably accelerated, with double-digit increases, the first time in nearly a decade. However, due to Wu Zhong Instrument Group Co., Ltd. reported a loss of 530 million yuan, the total profit of state-owned enterprises was a loss of 410 million yuan.

2. Exploring a new road for overseas development to go abroad and explore new roads for development. In the face of fierce market competition, some enterprises, especially those with surplus production capacity, are actively facing the international market and exploring new roads for development.

On May 28th, 2004, Holley (Argentina) Electric Energy Meter Co., Ltd., a joint venture between Holley Group and Argentina's IATE Group, opened. At this point, Holley officially started production of the second electric energy meter manufacturing base overseas. The goal of the joint venture company is to produce and sell 300,000 Huali brand electric energy meters annually. The products are mainly exported to Argentina, Brazil, Peru and other South American countries. The establishment of an electric energy meter production base in Argentina is an important part of Holley's implementation of an internationalization strategy, going global, and conducting overseas deployment. By entering the larger market at a relatively low cost and cooperating with a local strong company, this further expands the market share of Holley Electric Energy in the target market.

In August 2004, Jingyi North Instrument and Meter Co., Ltd., a subsidiary of Beijing Jingyi Holding Co., Ltd., and Bangladesh EPIL Co., Ltd. and China Building Materials and Equipment Import and Export Corporation jointly signed a cooperation agreement to establish a meter factory in Bangladesh. And company charter. The project came into contact from the end of 2003 and all parties contributed cash. The equipment required by the factory is provided by Jingyi North, and it is expected that small batch production can be carried out in January 2005.

At the beginning of 2004, Wuzhong Instrument Group Co., Ltd. applied for PED certification and AD 2000-W0 certification of to German Rhine Technical Supervision Co., Ltd. for casting export. After more than half a year of hard work, Certificates were obtained in June and July 2004 respectively, which opened the door to the EU casting product market and paved the way for the company's increased profits.

3. The world-famous instrument and equipment enterprises have established wholly-owned and established R&D and production bases. In 2004, the sales income of the foreign-funded enterprises was 59.79 billion yuan, an increase of 30.1% year-on-year, accounting for the first time in the industry, which exceeded 50%; the total profit was 4.29 billion yuan, Although the increase was 30.1%, although the growth rate declined, it still accounted for 59.2% of the total industry; total assets increased by 23.9% year-on-year, 1.5 percentage points higher than in 2003. Foreign well-known multinational instrument and instrument companies are very optimistic about the prospects of the Chinese market and continue to invest in building factories in China, or expand production.

In order to welcome the 100th anniversary of its founding in 2006, Yamatake Corporation of Japan is implementing a large-scale resource optimization strategy for the entire group. Therefore, the group moved its headquarters in China from Beijing to Shanghai and established Shanwu (Shanghai) Automation Instrumentation Co., Ltd. in Shanghai. The Group has frequently contacted domestic famous instrument and meter manufacturers to discuss cooperation and seek to obtain a greater share in the Chinese market.

On October 28th, 2004, Enderhouse Flow Meter Technology (Suzhou) Co., Ltd., a production base of E+H Group in Suzhou, opened. The plant is located in the Suzhou Industrial Park and occupies an area of ​​2,500 square meters. Up to now, the total investment has exceeded 4 million euros. The Suzhou company will develop into a manufacturing center of the Group in China. In addition to flow meters, the Group plans to introduce level and pressure meters and industrial analysis system production lines next year. Next year, E+H's new marketing center in China will also be completed in Shanghai. The group is continuously strengthening its development in China.

In the summer of 2004, ABB's Instrumentation Products Division built a new pressure transmitter production line in Shanghai, China, to strengthen the world leader in pressure transmitter business and better serve Chinese customers. The establishment of a new production line will provide Chinese customers with world-leading products and services in a more efficient manner and achieve high customer care. The entire production line was imported from Italy by ABB's China Instrument Products Division. It produces 2600T series pressure transmitters including 264DS, 264PS, 264HS and 264GS models. The single shift production capacity is 900 units per month. The main components of the pressure transmitter such as sensors are imported from Germany and Italy.

Honeywell has increased its investment in R&D in China. Honeywell, which is an important multinational company in terms of diversified technologies and manufacturing, formally launched its new Asia Pacific regional headquarters and R&D center in Zhangjiang Hi-Tech Park, Pudong New Area, Shanghai. This move means that the company's Asia-Pacific R&D focus has shifted to Shanghai, becoming one of the world's five major R&D centers. Three of Honeywell's four strategic business units: Automation Control Systems Group, Special Materials Group, and Transportation and Power Products Group's Asia Pacific headquarters will also be moved to Shanghai. The new site also includes a series of special materials R&D laboratories, a software development laboratory, a major testing center for engines and turbochargers, and a global business service center that provides various support for Honeywell’s business operations in the Asia Pacific region.

Rockwell Automation settled in Qingdao. On September 9, 2004, Rockwell Automation, a world-renowned supplier of industrial automation solutions, established a branch in Qingdao. The company is a leader in industrial automation, control and information technology solutions. The company is headquartered in the United States and has more than 450 branches in more than 80 countries and 13 sales agencies in China.

Germany's Balluff sensor was put into operation in Chengdu. In 2004, Balluff Sensor (Chengdu) Co., Ltd., invested by BALLUFF, the world's fifth-largest sensor giant, was formally put into production. This is the first production base established by Balluff in Germany in China. It is also the second largest production base established in Asia. Balluff Sensors (Chengdu) Co., Ltd. has invested 1 million Euros for the first phase, and its production products for the first two years will all be used for export. Balluff also plans to gradually transfer the operations of the Japanese base with higher operating costs to Chengdu, and eventually build it into the largest sensor production center in Asia.