Caskat has helped AGV open up a world full of possibilities
Cascade AGV solution can improve the efficiency and productivity of the whole supply chain. From all electric solutions, such as high-efficiency electric multi pallet carriers that can handle multiple pallets at the same time, to hydraulically driven accessory products, such as our paper roll clamp, which can handle large and heavy soft paper rolls, cascat works closely with you to design solutions tailored for your AGV vehicle and show high performance.
All AGV genera of cascat have the following characteristics:
-They are equipped with electronic interfaces and sensors: they can be used with AGV. Seamless integration with the vehicle.
-Fully customizable: like other customized products of cascat, AGV accessories can be adjusted from the current products to meet the needs of the customer's workflow.
-Caskat electric appliances provide revolutionary energy efficiency, which means extending battery life and reducing AGV downtime. All electric drive eliminates the need for hydraulic components and the possibility of hydraulic hose or connector leakage. This is not only environmentally friendly, but also reduces the cost of the system (AGV and accessories) and reduces the maintenance required, thereby reducing the total cost of ownership.
Hester Yale material handling group announces results for the first quarter of 2022
Cleveland, USA, May 3, 2022 / AP / -- Hyster Yale materials handling, Inc. (NYSE: HY) today announced consolidated income of US $827.6 million, operating loss of US $18.3 million, net loss of US $25 million, or loss of US $1.48 per share in the first quarter of 2022, compared with consolidated income of US $732.2 million, operating profit of US $3.1 million and net profit of US $5.6 million in the first quarter of 2021, That is $0.33 per share.
Hester Yale refers to the company's Forklift business, BOLZONI is the forklift accessory business, and nuvera is the fuel cell business.
Since the first quarter of 2022, the release of third-party industry data historically used to report market changes has now been delayed by one quarter. Therefore, the actual industry data of the first quarter of 2022 will not be available until the company reports its performance in the second quarter of 2022. The comments on the industry in the first quarter of 2022 in this press release are based on the company's understanding of the market situation rather than the reported third-party data, which may be different from the company's estimates.
The global forklift market seems to remain relatively strong in the first quarter of 2022. Therefore, the bookings in the first quarter of 2022 are still at a very strong level, but the company's bookings are lower than last year's record high in the first quarter. The company focuses on keeping the pricing of new orders close to the target profit margin according to the expected cost at the time of expected production. Compared with the fourth quarter of 2021 and the same period last year, the average booking sales price per unit increased as the company continued to raise prices to offset the increase in material and freight costs. These rising prices in turn translate into the current average selling price per unit backlog in the first quarter of 2022, which is also higher than that in the previous period.
Unit shipments increased in the first quarter compared with the first quarter of last year as the company increased productivity and the impact of parts shortages caused by continuous global supply chain and logistics constraints has been moderately reduced. However, shipments were lower than in the fourth quarter of 2021 due to continued supply chain constraints on some key components. As the order volume is higher than that in the fourth quarter of 2021 and the shipment volume is lower than that in the fourth quarter of 2021, the backlog level of the company, which is already at an all-time high, continues to increase, further extending the delivery time.
In this context, the forklift business revenue in the first quarter of 2022 increased by 12.8% compared with the first quarter of 2021. The increase in revenue was mainly due to the favorable impact of price increase measures taken to mitigate the impact of materials and freight costs, as well as the increase in the number of units and parts in the Americas and Europe, the Middle East and Africa, mainly due to the increase in sales of class 2 and 3 electric storage forklifts and class 5 internal combustion engine forklifts with lower capacity, resulting in an increase in shipments of 2300 vehicles These improvements were partially offset by adverse currency changes of $14 million due to the strengthening of the US dollar and the reduction in the number of units and parts of japic.
Although the company did generate higher revenue, continued parts shortages and supply chain disruptions continued to limit the company's Forklift production in the first quarter. Nevertheless, the forklift business had an operating loss of $10.7 million, compared with an operating profit of $12.2 million in the first quarter of 2021. The main reason for the sharp decline in performance is the decline in gross profit in all three regions, the most significant of which are EMEA and japic, as well as higher operating expenses in the Americas and EMEA. The decrease in gross profit was mainly due to the increase in manufacturing costs of US $18.5 million in the first quarter of 2021, as the shortage of parts seriously affected the company's ability to produce and transport overstocked products. In addition, the cost increased by US $50.1 million after deducting the price increase of US $43.9 million, which is due to the sharp increase in the material cost and freight of the overstocked forklift, the shift of the sales portfolio to forklifts with lower profit margin, and the adverse currency trend of US $7.8 million, which also led to the decrease of gross profit. Achieving higher profit margins on parts sales and higher unit sales can only partially offset the significant increase in manufacturing, material and freight costs. The company also recorded a total cost of $2.5 million to establish reserves for Russian inventory and accounts receivable in the forklift department.
Although in the first quarter of 2022, all three geographic forklift sectors were affected by adverse growth in material and freight costs and supply chain constraints, the Americas sector was less affected than the EMEA sector. In the Americas, revenue in the first quarter of 2022 increased by 21.3% year-on-year due to price increases implemented to offset material and freight cost inflation, higher unit and part quantities, and sales moving to higher prices. Operating profit decreased from $14.6 million in the first quarter of last year to $4.4 million in the first quarter of 2022, but significantly improved from the operating loss in the fourth quarter of 2021. The favorable retroactive tariff exclusion adjustment of higher unit and part quantities and $3.5 million in revenue for some parts imported from China was offset by an increase of $40.5 million in material and freight costs (net of $40.8 million in price increases and $13.6 million in manufacturing costs due to inefficiencies related to parts shortages). This limits the shift of forklift manufacturing capacity to a moderately high profit margin in the Americas.
EMEA revenue in the first quarter of 2022 was comparable to that in the first quarter of 2021, as the benefits of the increase in the number of units and parts and the increase in prices were offset by adverse foreign exchange fluctuations. EMEA reported an operating loss of $11.4 million, compared with an operating profit of $100000 in the first quarter of 2021. The decrease in performance was mainly due to the increase in material and freight costs of $8.1 million, excluding the increase in price of $1.6 million. The increase in manufacturing costs was due to the production delay of $3.6 million and the increase in operating expenses. The establishment of a total reserve of $2.5 million and Russia related inventory and accounts receivable also led to a decline in performance in Europe, the Middle East and Africa.
The operating loss of the japic division increased from $2.5 million in the first quarter of 2021 to $3.7 million in the first quarter of 2022. The lower result is the reduction of gross profit, freight and additional manufacturing costs due to the reduction of the number of units and parts and the increase of materials. Lower operating expenses partially offset the decrease in gross profit.
Overall, the forklift division's operating loss in the first quarter of 2022 reflected the impact of market forces discussed in the fourth quarter outlook of 2021, but the results were much better than expected at that time. The net loss reflects the decision made in the second half of 2021 to record the valuation reserve for certain losses.
Leaders of Fujian Securities Regulatory Bureau visited Longhe Intelligent Research Forum of provincial and municipal key listed backup Enterprises
Recently, in order to support the economic and social revitalization and development of the former Central Soviet Area, the southern center of Shanghai Stock Exchange, under the guidance of Fujian Provincial Finance Bureau and Fujian securities regulatory bureau, jointly carried out the "Soviet area bank" activity of capital market service with Fujian Longyan Municipal Finance Bureau. To this end, the city held a training meeting for key listed reserve enterprises, and conducted an investigation and Discussion on enterprises. Li Zhibin, the second level inspector of Fujian securities regulatory bureau, Le Xiaotang, the director of the comprehensive business supervision department of Fujian securities regulatory bureau, Liu Xingyu, the fourth level researcher of the comprehensive business supervision department of Fujian securities regulatory bureau, and the leaders of Longyan financial regulatory bureau specially carried out in-depth research activities on Longhe intelligence, a provincial and municipal key listed reserve enterprise; Yang Jing, chairman of the board of directors and Lin Wei, general manager of the company, accompanied the investigation.
At the symposium, the research group carefully understood the problems encountered in the planning and development of the company's capital market, and pointed out that the company should continue to lead the development of the enterprise with innovation and continuously improve its core competitiveness; Strengthen internal control and standardize company management.
After the exchange, the research team, accompanied by Chairman Yang Jing and general manager Linwei, went deep into Longhe intelligent digital exhibition hall and front-line production workshop to learn more about the development history, operation status and current key production projects of the enterprise.
Listing is not only an important way to promote the high-quality development of enterprises, but also an important measure to highlight the enterprise brand and enhance competitiveness. Longhe intelligence will firmly believe in becoming bigger, stronger and better; Never forget the original intention and forge ahead! At the same time, we are in the Soviet Area, keep up with the pace of revitalization, seize development opportunities, speed up the pace of listing, and strive to move forward with the capital market. Live up to the youth and the times; Make modest efforts to revitalize the economy of the old revolutionary base areas in Western Fujian!
Delivery time - Longgong forklift delivered in batches to the well-known e-commerce storage center
Recently, Longgong forklift successfully delivered in batches to the newly built large storage center of well-known e-commerce! Since 2007, the enterprise has built its own logistics system and established seven logistics centers in China, including North China, East China, South China, northwest, central China and northwest, covering all major cities in the country.
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The enterprise has established a trust relationship between Chinese e-commerce and consumers, and redefined the logistics service standards through various time-effective products and services.
E-commerce logistics transportation has very high requirements for timeliness, high work intensity and diversified goods categories. For the delivered Longgong forklift, Longgong strictly controls and strives for perfection in every link from production to delivery, and strives to ensure the production efficiency of the storage center and help it deliver goods to thousands of households faster and better.
Dragon workers is committed to producing the best quality products and providing the most efficient services at the most economical cost, so that users can recover costs in the shortest time, continue to create value and win the richest return.
Good news: the upgrading and reconstruction project of Shiqiao plant area of Hangcha group has started construction
May day is a day of elation, with flowers blooming and thousands of miles of fragrance. On the afternoon of May 16, 2022, the foundation laying ceremony of Hangcha Group Co., Ltd. (Stock Code: 603298) Shiqiao plant upgrading and reconstruction project (hereinafter referred to as Hangcha science and Technology Innovation Park) was grandly held in the old plant of the company at No. 398 Shiqiao Road, Gongshu District, Hangzhou.
The colored flags fluttered and the salutes roared. In a cheerful and festive atmosphere, Zhao Limin, Secretary of the Party committee, chairman and general manager of Hangcha group, announced the commencement of the project. President Zhao pointed out that the construction of Hangcha science and technology innovation park project marks a further step away from the vision of "being the strongest forklift enterprise in the world". The company has always adhered to continuous innovation and Reform for many years. Through everyone's tireless efforts, it has become the top eight industrial vehicles in the world. In Shiqiao factory, many Hangcha people have contributed their strength to the development of the company and witnessed the steady and rapid development of the company from small to large and from weak to strong. The Phoenix Nirvana like corporate restructuring in 2000, the relocation from Shiqiao base to Lin'an Qingshan Park in 2009, the A-share listing in 2016, and the release of new energy strategy in 2021, including the construction of Hangcha science and innovation park today, are full of wisdom, firmness, self-improvement and self-confidence behind each leap of Hangcha. Happy life depends on our struggle. Hangcha's future will be better and better.
Hangcha science and technology innovation park is a typical case of improving the efficiency of stock land under the background of the company's implementation of the "new manufacturing plan" in Hangzhou. The original land of the project is more than 50 mu, with an original construction area of 21800 square meters. It is necessary to dismantle 16800 square meters of old factories, retain and transform one original office building, seven new buildings, add 86800 square meters of aboveground construction area and 48900 square meters of underground construction area. Focusing on the overall development strategy of digital and new energy products of Hangcha group, the project will build a leading innovative R & D base of intelligent material handling equipment, a production base of new energy forklift drive unit, a supporting industrial chain innovation base, an import and export base and a product training experience center. After the completion of the project, it will greatly improve the company's industrial high-end and refinement level, while meeting the development needs of itself and downstream markets, Enhance the company's comprehensive competitiveness and lay an important foundation for the company's long-term development in the future.
The implementation of Hangcha science and technology innovation park project will be an important starting point for the transformation of the company from high-speed development to high-quality development, an important practice for the company to move towards a new level and practice the new development concept, and a new starting point for the company's long-term goal. In the future, with the vision of "becoming the world's strongest forklift enterprise", Hangcha group will be full of the original intention of becoming stronger and bigger and the feelings and responsibilities of giving back to the society, so as to inject new vitality and reserve new kinetic energy for the high-quality economic development of Zhejiang Province.
"Fork" on its wings and fly to the world -- sharing the story of hangfork's "going to sea"
Recently, 66 container forklifts of Hangcha group have been shipped and sent to Europe, the United States, Asia and other countries. Under the influence of the global epidemic, Hangcha still bucked the trend. In the first quarter of 2022, overseas shipments increased by 78.3% year-on-year, ushering in a good start in the first quarter.
From the production of the first forklift in 1974 to the annual sales of nearly 250000 in 2021, Hangcha group has developed from a mechanical maintenance plant to a forklift enterprise group with a full range of forklift products and core parts, complete industrial chain and leading domestic sales. At the same time, Hangcha products have been exported to more than 180 countries and regions, accounting for about 11% of the global market share. According to the ranking of the top 20 forklift equipment sales in the world published by MMH, an authoritative magazine in the field of material handling in the United States, Hangcha ranks eighth in the world and the brand has successfully "gone to sea".
Hang fork's world, hang fork of the world. Hangcha has been committed to providing global users with the best material handling solutions. "We have cooperated with Hangcha for 10 years. What impresses us most is that Hangcha can always accurately grasp our pain points and will do its best to provide the best solutions for each of our customers." This is a Norwegian user's evaluation of us, and it is also the concept that Hangcha has always adhered to. We look forward to more partners from all over the world to join us, grow together with us and create a better future, "make handling easier"!
The exchange Seminar on environmental protection and emission of industrial vehicle industry was successfully held
On the afternoon of May 17, 2022, the "exchange Seminar on environmental protection emission of industrial vehicle industry" organized by the industrial vehicle branch of China Construction Machinery Industry Association (hereinafter referred to as the branch) was held in the form of online video conference. Song Jinyun, deputy director of the standards and Regulations Department of China Construction Machinery Industry Association, Tengqi, director of the non road compliance management department of the motor vehicle emission monitoring center of the Ministry of ecological environment, Liu Shunli, director of Jinan automobile testing center, representatives of Henan Jiachen Intelligent Control Co., Ltd. and CAMCE construction Machinery Co., Ltd., as well as 68 enterprises in the industry, including branch venues, with a total of 217 user numbers attended the meeting. The meeting was presided over by Secretary General Zhang Jie of industrial vehicle branch.
At the meeting, song Jinyun, deputy director of standards and Regulations Department of China Construction Machinery Industry Association, delivered a speech. Song Jinyun said that the four-stage emission standard exchange Seminar in the field of industrial vehicles organized this time was held under the background of the current actual situation and the urgent needs of industry enterprises. Through the interpretation and interpretation of non-Four standards by experts, it is hoped that industry enterprises will first seriously implement and study the national environmental protection policies and strictly abide by and implement them; Second, correctly understand the technical content of the fourth national standard and effectively promote technology research and development; Third, carry out environmental protection information disclosure as soon as possible and promote data access and joint commissioning. Fourth, timely adjust the strategy according to the current situation to avoid financial and policy risks. At the same time, we also hope that through the discussion and exchange of this meeting, we can ensure the implementation of the "national four" standards, put forward new ways and measures to effectively implement environmental protection policies in the field of industrial vehicles, and promote the development of green environmental protection in the industry.
Teng Qi, director of the non road compliance management department of the motor vehicle emission monitoring center of the Ministry of ecological environment, made an in-depth interpretation of the relevant policies of the national four standards and information disclosure requirements for non roads. Director Teng introduced the general situation and laws and regulations of the non road industry, the main contents and requirements of the fourth national standard, and the information disclosure process and key points of the fourth national standard, focusing on the analysis of the laws and regulations at home and abroad, the differences with the third national standard, the problems encountered in the implementation of the standard and the filling of the information system. At the same time, director Teng stressed: Please attach great importance to the environmental emission of non road motor industrial vehicles, actively implement it, and make due contributions to the goal of carbon peaking and carbon neutralization in China.
In the final summary of the meeting, Secretary General Zhang Jie of the branch expressed heartfelt thanks to the participating experts for their detailed interpretation of the policy and their enthusiastic answers to the questions of the enterprise. Secretary General Zhang said: environmental protection is the common responsibility of the whole society, the whole industry and all enterprises. It is hoped that through this meeting, colleagues in the industry can gain something and have a clearer and in-depth understanding of the four-stage emission regulations of non road mobile construction machinery. In order to realize the transformation and upgrading of industrial vehicle industry, improve the quality of atmospheric environment and "win the blue sky defense war", we should make due contributions.
So far, the environmental emission exchange seminar of industrial vehicle industry has been successfully concluded.
Ruyi won the "national enterprise technology center"
Recently, the national development and Reform Commission and other departments announced the new accreditation and the list of all national enterprise technology centers in 2021 (the 28th batch). Among them, Ningbo Ruyi was newly accredited as a national enterprise technology center. This achievement is not only an affirmation of the company's technological innovation and R & D ability, but also an embodiment of the company's comprehensive strength.
The national enterprise technology center is jointly recognized by the national development and Reform Commission, the Ministry of science and technology, the Ministry of finance, the General Administration of customs and the State Administration of taxation. It is a comprehensive evaluation of the technological innovation ability of enterprises and has a high "gold content". It recognizes that enterprises need to have industry-leading technological innovation ability and level; It has a good technological innovation mechanism and remarkable innovation efficiency and benefits. At the same time, it has technical leaders with high technical level and rich practical experience, which requires the enterprise to have perfect research, development and test conditions.
Ningbo Ruyi Xilin forklift adheres to the concept of synchronous development of global technology. The R & D center covers an area of 4000 square meters and has more than 155 sets of advanced R & D equipment, including laser cutting machine, plasma cutting machine, processing center, robot welding and automatic spraying assembly line. With its profound R & D strength, it has nearly 400 intellectual property rights, presided over and participated in the formulation of nearly 40 national and industrial standards, undertook a number of national, provincial and municipal major scientific and technological research projects, and won more than 20 provincial and municipal science and technology awards. It is an enterprise of "made in Zhejiang" and the first enterprise (set).
Chen Yijun, member of the Standing Committee of the CPC Zhejiang Provincial Committee and secretary general, went to Tianneng for research
Recently, Chen Yijun, member of the Standing Committee of Zhejiang provincial Party committee and secretary general, made a special trip to Tianneng to inspect the work during the investigation in Changxing. Zhang Chaoping, deputy director of the Provincial Bureau of letters and visits, Cai Xuchang, deputy secretary of the municipal Party committee and Secretary of the political and legal committee, Shi Yiting, Secretary of the county Party committee, and Wang Weixin, deputy secretary of the county Party committee and Secretary of the political and legal committee attended the meeting.
Accompanied by Zhang Tianren, chairman of Tianneng holding group, Chen Yijun visited Tianneng culture exhibition hall and lithium battery intelligent factory to learn more about the development process, production and operation, technology and technology of the enterprise. Chairman Zhang Tianren introduced that Tianneng adhered to the development strategy of "industry + technology + capital", promoted the in-depth development of "smart Tianneng" and "cloud Tianneng" through digital empowerment, realized the digital transformation of upstream and downstream industrial chains, and promoted the high-quality development of the industry.
Chen Yijun listened to the report of chairman Zhang Tianren. She encouraged Tianneng to adhere to the innovation driven development strategy, give play to the leading role of leading enterprises, and strive to make new contributions to promoting common prosperity. At the same time, she also mentioned that departments at all levels should pay attention to petition work, continue to optimize the business environment, and pay close attention to construction projects to achieve results.
