Keywords: Manufacturing ITES Shenzhen Industrial Exhibition 2020
Summary: Under the cover of the epidemic, many people hold a pessimistic attitude towards the economic development in the first quarter of 2020. However, from the dozens of manufacturing companies surveyed by ITES Shenzhen Industrial Exhibition, it is widely believed that the impact of the epidemic on the economy is short-term and one-time. As Mr. You Song, the President of Baichao China, said in an interview, "We believe that the impact of the epidemic should be a short-term behavior, so we expect (us) to still have a good growth in 2020.".
Under the cover of the epidemic, many people hold a pessimistic attitude towards the economic development in the first quarter of 2020. However, from the dozens of manufacturing companies surveyed by ITES Shenzhen Industrial Exhibition, it is widely believed that the impact of the epidemic on the economy is short-term and one-time. As Mr. You Song, the President of Baichao China, said in an interview, "We believe that the impact of the epidemic should be a short-term behavior, so we expect (us) to still have a good growth in 2020.".
Under the epidemic, the sheet metal industry has also been affected to varying degrees in terms of personnel, cash flow, supply chain, and other aspects. However, the huge size of the Chinese market still exists. As industries such as 5G, healthcare, and new energy develop rapidly, "new infrastructure" is surging, and these developments are constantly bringing new market demands. Entering 2020, by understanding the market and finding the right direction, sheet metal companies may be the first to emerge from the downturn
The 5G industry leads the 25 trillion yuan "new infrastructure" pace
On March 5th, the Guangdong Development and Reform Commission issued a notice titled "Guangdong Province 2020 Key Construction Project Plan". It is understood that among the 1230 key projects with a total investment of 5.9 trillion yuan, there are not only new infrastructure projects such as 5G, data centers, rail transit, and ultra-high voltage, but also major industrial investment plans such as intelligent manufacturing and biopharmaceuticals. These "new infrastructure" constructions have also been dubbed "new infrastructure" by the media.
Not only Guangdong Province has introduced key development projects, but also various regions across the country have successively launched notification documents for 2020 key development projects from January to February. The media has compiled key project investment plans announced by 10 provinces and cities, including Yunnan, Henan, Fujian, Sichuan, Chongqing, Shaanxi, Hebei, Jiangsu, Jiangxi, and Beijing, with a total investment of approximately 25.5 trillion yuan. "New infrastructure" has made a comeback.
The massive number of "new infrastructure" projects is undoubtedly a booster for the manufacturing industry under the current impact of the epidemic. For the core 5G infrastructure in the "new infrastructure" project alone, it means a massive demand for sheet metal processing enterprises. "The rise of 5G has also benefited both Baichao and its customers. Customers use our equipment to manufacture sheet metal products such as data center cabinets, base stations, and control cabinets for the 5G industry." When discussing the impact of the market on the industry, Mr. You Song said, "2019 is the best year in the history of Baichao in China.". With the support of policies this year and the acceleration of the market, Baichao also believes that the sheet metal industry will have a good development prospect in 2020 under various stimuli.
Baichao Fast Bending System
Focusing on popular industries, promising prospects for 2020
What other areas can sheet metal companies continue to focus on besides 5G?
Firstly, of course, it is the medical industry. Since the 13th Five Year Plan period, the country has been increasing its support for the medical device industry, and after this epidemic, the relevant support will undoubtedly be further enhanced. Currently, both hospital construction and the huge demand for various medical devices have emerged.
It is understood that Shenzhen alone plans to add two or more hospitals and 8000 new beds this year. Taking the medical beds and monitoring equipment required by hospitals as an example, the manufacturing process requires a large amount of sheet metal and pipe processing, which is currently mainly completed by laser sheet metal processing equipment. From Innovation Laser, we have learned that it has received inquiries from customers in the medical industry in Guangdong during the Spring Festival period. They believe that the demand for laser welding equipment in the medical market will be greatly increased in the future, with the South China market being of utmost importance.
Compared to the 5G and healthcare industries that have always been the focus of discussion, the "ordinary" power and electrical industry may also usher in new changes. Mr. Pan Enhai, Deputy General Manager of Yawei, said, "In recent years, there has been a new demand in the power and electrical industry, especially for some very large switchgear and power electrical equipment factories. They only started in the mid-1990s to 2000, and over the years, the equipment in this industry has now entered a stage of upgrading and upgrading."
Overall, in combination with the trend of "new infrastructure" and the development laws of the industry, sheet metal enterprises should focus on industries such as 5G, communication, medical devices, power and electrical, rail transit, new energy, home appliances, kitchens, and bathrooms in 2020.
Under the epidemic, breaking through the situation is timely
While the development prospects are favorable, sheet metal companies cannot ignore the issues highlighted in this epidemic. In early February, as companies resumed work, ITES Shenzhen Industrial Exhibition conducted research on some companies and summarized several core keywords: people, cash flow, supply chain, production capacity, and orders.
The issue of "people" has been repeatedly mentioned by all enterprises. Under the impact of the epidemic, some employees are unable to arrive on time, resulting in low production efficiency and inability to guarantee delivery times for new orders received before or after the new year. How to reduce the impact of personnel on production efficiency is related to the future development of every enterprise. Mr. Gumei Tetian Jinhua gave suggestions on this: reposition the importance of employees in the company, and communicate with employees to achieve personnel stability; Try to use automation or semi automation as a substitute and optimize labor-intensive processes. Baichao and Yawei also believe that through this epidemic, many companies will seriously consider the significance of automation and smart factories.
The epidemic has brought numerous changes to the Chinese economy in 2020, including changes in industries, market demand, and customer products. Crises and opportunities often coexist. When the next opportunity or challenge comes, can your company fully cope with it?