In May 16th, "Securities Daily" reporter came to Sunward equipment Limited by Share Ltd (hereinafter referred to as Sunward ) 2017 annual general meeting venue.
Wang Jian, the director of the company, said at the meeting that since 2017, the construction machinery has been affected by the advantages of the macro cycle, which has been warming up, the company's performance has increased obviously. The new business has gradually released its performance in mining, military, police, and so on, and supports the firm development of the company in the future.
The Limited by Share Ltd, founded in 1999, belongs to the construction machinery manufacturing industry. It is in the forefront of the market in the subdivision market of basic construction equipment, small minitype excavators, rock drilling equipment and so on. In 2017, the company achieved sales revenue of 3 billion 950 million yuan, an increase of 98.14% over the same period last year, achieving a net profit of 162 million yuan, an increase of 142.49% over the same period last year.
Wang Jian to the "Securities Daily" reporter to analyze the whole industry situation, said: "at present, due to the supply side of the mining industry reform in depth, the company's sales of excavators and other products have been significantly boosted, there has been a favorable situation for customers to grab goods in short supply. In the favorable industry environment, we do not blindly expand the capacity, but adhere to the innovation oriented way, the introduction of the green concept to promote product upgrading, now has formed a good competitive pattern of differentiation.
As an example of the excavator, he explained: "we have launched an energy-saving device to convert the potential energy produced by the excavation to hydraulic energy, and can be used to reduce the energy consumption of the excavator by 20% to 30% on the other operation of the excavator. At present, not only domestic customers accept our work, but Vietnam, Malaysia, Indonesia, Iran and other countries along the road along the road are well ordered.
Wang Jian has calculated an account: "next we will carry out the work of artificial intelligence combined with construction machinery, and create intelligent machinery. At present, the average daily wage of skilled operators is between 300 yuan and 600 yuan, which is one of the main costs of the mining industry. We are designing an unmanned excavator scheme, replacing artificial repetitive operation with artificial intelligence system. The excavator can operate in all weather conditions under harsh conditions. If we combine with the intelligent scheme of tramcar, we can further save the cost for our customers and bring about the artificial intelligence technology revolution for the mining industry. "
In the field of traditional construction machinery, it has gained a lot of money. Sunward has entered the field of military industry, providing various products for the country, and making great efforts to build the national weapon. As early as 2010, Sunward has been incorporated into the directory of equipment manufacturing units of the Chinese people's Liberation Army, and has the qualification of military equipment contractor.
Wang Jian pointed out: "the field of military industry is our key area of cultivation. After years of accumulation and precipitation, there has been a major breakthrough. On the occasion of the 90th anniversary founding of the national army, our multi-function engineering vehicle participated in the parade team. The product has the characteristics of modularization, multi-function and integration. The construction speed is fast, the working conditions are low, and the order has been obtained.
He said: "the next priority will be the special ground vehicles in the aviation field, especially the special vehicles with high technical content, such as tractors and deicing vehicles. In this field, foreign brands occupy most of the domestic market share. Our goal is to achieve import substitution. For this reason, we employ foreign experts to carry out scientific research, combine the introduction of digestion and independent innovation, and strive to achieve market breakthroughs in the short term. He estimated the market prospects to the Securities Daily reporter: "if we can achieve partial import substitution, this market can bring 300 million to 500 million yuan per year for the company's sales revenue, and can also save a lot of purchasing cost for the country."
He added: "there are other emerging projects that are being nurtured. The UAVs we have developed have obtained procurement orders from troops and police. In the future, we will expand the functions of the UAVs, which can be applied to vast areas and in different areas. "
Near the end of the meeting, Wang Jian said that the above new business will be launched in an orderly way to form a new profit point for the company to add strong support to the troops and police. It is expected that the company's operating revenue will reach 5 billion 180 million yuan in 2018, up by more than 30% in 2017.
