The 2013 Membership Representatives Conference of the Mining Machinery Branch of the China Heavy Machinery Industry Association was held on Aug. 20. We were invited to attend the conference as council member of the Association.
At the conference, Zhang Weixin, Secretary General of the Association, delivered a report about the industrial analysis, pointing out that the mining machinery industry would keep a stable development though the equipment manufacturing industry faced a big economic downturn pressure in 2012. According to statistics of CHMIA, there were 1,536 enterprises engaged in the production of mining machinery in 2012, which completed the industry production value of 332.239 billion yuan, a year-on-year increase of 16.37%; the industrial sales amount of 321.584 billion yuan, a year-on-year increase of 15.17%; the main business income of 326.421billion yuan, a year-on-year increase of 12.87%. In accordance with the statistics of 449 mining machinery enterprises from major provinces, they completed the amount of sand particles output of 6.8858 million tons, a year-on-year increase of 24.41%. At the same time, the whole industry’s economic benefit declined slightly, and the orders decreased obviously. In 2012, the total profit of the mining machinery industry registered 19.586 billion, a year-on-year decrease of 2.28%, while the profit rate 6.00%, a year-on-year decrease of 0.93%. Since the middle of 2011, some key enterprises’ orders started to decline, until now the trend has not improved obviously. At the end of 2012, the growth rate of accumulative orders for mining machinery declined by 16%, with a sharp contrast among the mining machinery enterprise with respect to the performance- some middle and small-sized enterprises which still focused on ordinary goods were stuck in difficulty; while competitive enterprises with cutting-edge products still won orders which could keep their production lines running.