As an important part of the equipment manufacturing industry and the important process equipment in the cutting process, the tool determines the processing efficiency, precision, quality and cost of the parts in the manufacturing industry. When it comes to the gap with advanced technology, from the user's point of view, I think there are two biggest gaps. First, the product structure of the whole industry is backward. The traditional general-purpose standard tools still account for the majority, and the sales are very good, even There have been so-called "low-alloy high-speed steel" blades, low-grade products have been slow to change, and there are also counterfeits. This problem is very serious. In 2010, China's high and low-end sales are very good, this phenomenon is worth thinking about. Second, in general, there are still gaps in equipment, technology and services. Although some companies' equipment conditions and technologies are improving, they still can't meet the needs of users. I think the problem is mainly in service. In terms of solutions, the combination of us and users is not good enough. With the premise "production, study and research", and now "production, study and research", I think the word "use" should be the first. Modern advanced manufacturing technology is led by user companies. Users in China also need to bring this head, which will drive the development of a large number of material suppliers and machine tool suppliers. In 2010, the total sales of imported and domestic tools reached 33 billion yuan, ranking first in the world. China's knives increased by 40% in 2010, and the growth in the first three quarters exceeded 50%. In 2010, the sales of foreign tool companies in China also grew very well. There is no market demand and no development can be said. Demand, this is our biggest advantage. From the perspective of future development trends, the global tool market is expected to grow by 3% to 5% annually in the next five years. At this rate of growth, we are still the world's number one player. From the perspective of the supply of domestic knives, domestic knives occupy a mainstream position, reaching 65%. In these years, we have also achieved such excellent enterprises as Zhun Drill, plus the original four major tool factories, etc., there are about 10 key enterprises, From the traditional tools to the modern tool industry, and year after year, they have entered a period of rapid growth. This is a very good performance. Let me talk about some concerns. In the 33 billion yuan sales, the imported 11 billion yuan of tools are all modern high-efficiency knives, 22 billion yuan of domestic knives, only about 2 billion yuan worth of modern high-efficiency knives, only accounted for 10% to 15%. Now that the high-end market is mainly occupied by multinational companies, this is a big problem.
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