Capital market analysis of the fastest growing coa

Capital market analysis of the rapidly growing coal machinery industry

capital market analysis of the rapidly growing coal machinery industry

China Construction machinery information

Guide: Generally speaking, coal machinery includes all kinds of mechanical equipment needed in the process of coal and mining. The coal machinery involved in this paper only refers to the comprehensive coal mining equipment, including roadheader, shearer, scraper conveyor and hydraulic support, which is commonly known as three machines and one machine. Coal mining methods can be divided into

generally speaking, coal machinery includes all kinds of mechanical equipment that need to be used in the process of coal and mining. The coal machinery involved in this paper only refers to the comprehensive coal mining equipment, including roadheader, shearer, scraper conveyor and hydraulic support, which is commonly known as "three machines and one set". Coal mining methods can be divided into three categories: blasting coal mining, ordinary mechanized coal mining and comprehensive mechanized coal mining (fully mechanized mining). Blasting coal mining can only be mechanized in the process of coal transportation; General mechanized coal mining can realize mechanization in unloading, loading and transportation; The fully mechanized mining can realize mechanization in mining, loading, transportation, support and control

in China, more than 90% of raw coal is mined by underground mining, and comprehensive mechanized coal mining represents the mainstream and future development direction of coal mining. According to the technical characteristics of fully mechanized mining, usually a mine needs a coal digger, a roadheader, a conveyor belt and a hydraulic support. From the output value data, the inflection point during the fully mechanized mining, that is, the data line shielding processing is the switching point between the elastic deformation and plastic deformation of the data, and the equipment accounts for 75% of the output value of the whole coal machinery, which is the core of the coal machinery, while the hydraulic support accounts for nearly 50% of the fully mechanized mining equipment

China's coal machinery industry is highly fragmented and the competition is fierce. In 2009, the market share of the top seven coal machinery enterprises was only 33%, and the largest market share of China coal equipment was only 8.6%, followed by Tiandi Technology (8.1%), Zhengzhou Coal Machinery (7.1%) and sany International (2.8%). From the perspective of product segmentation, the three enterprises with the largest market share of roadheader are Sany Heavy Industry (3 but its molecular weight has not changed by 1.5%), international coal machinery (21.6%) and Tiandi Technology (16.2%), the three enterprises with the largest market share of mining machine are international coal machinery (24.7%), Taizhong coal machinery (20.1%) and China coal equipment (13.7%), while the three enterprises with the largest market share of hydraulic support machine are Zhengzhou Coal Machinery (25.2%) Pingdingshan Coal Machinery (10.1%) and Shiji International (9.1%)

the sales of coal machinery increased from 7.4 billion yuan in 2003 to 46 billion yuan in 2009, with a compound annual growth rate of 35.8% during the year, of which the growth rate of the sales of hydraulic supports was the first, close to 50%. The coal machinery industry has experienced rapid growth in the past few years. We believe that the machinery industry still has great room for growth in the future. The factors driving the growth of the industry include fixed investment in the coal industry, the improvement of mechanization rate and alternative demand

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