Hot Spotlight: Construction Machinery Biggest Gold Rush Mining Car

The profound changes in the industrial structure The domestic non-highway mining dump trucks originated in the late 1960s and early 1970s, but in this period, the mining vehicles were mostly transformed from road vehicles. From a technical point of view, they are not purely pure. Mining car. Although from the mid-1970s to the mid-1980s, the Benxi Heavy-duty Vehicle Manufactory and the Xiangtan Electric Machinery Plant developed 68-ton and 108-ton mine cars, but there is a large gap compared to foreign products and they are basically not competitive. Until the end of the 1980s, the Inner Mongolia Northern Heavy Vehicle Co., Ltd. was established by a joint venture between China Weapons Industry Group and the United States Terex Group. The company is the only Sino-foreign joint venture company in the domestic mining vehicle industry, and it is relying on the introduction of Terex. The technology has successfully realized the mass production of specialized non-road mining dump trucks, which has opened a new prelude to the development of non-road mining dump trucks in China.

Before 2007, there were only a handful of five or six companies in the domestic production of non-road mining dump trucks, including the North Shares, Shougang CNHTC, Xiangtan Electric, Beijing Zhonghuan Power, and Benxi Zhongqi. In addition, foreign companies such as Caterpillar, Komatsu, Hitachi, Belas, and Liebherr also entered the domestic market earlier. However, due to the limited market capacity of ultra-large tonnage electric wheel mining vehicles and the relatively high threshold of manufacturing technology, the development of the industry at that time was rational and calm. As a domestic non-road mining vehicle R&D and production base, the Northern Stock Company produces and sells various models ranging from 23 tons to 360 tons in weight, and holds more than 75% of the domestic mining vehicle market, and is in absolute “rule” status.

In March 2008, the Ministry of Finance issued a notice to develop and manufacture large-scale non-highway mining vehicles for domestic enterprises (referring to electric-powered mining vehicles with a rated loading capacity of ≥108 tons and mechanical transmission mining vehicles with a rated loading capacity of ≥85 tons. ) Import duties on imported key parts and components, raw materials, and import value-added tax on imports are subject to “recruiting first”. At the same time, since April 1, 2008, for newly approved domestic and foreign investment projects, imported electric wheel mining vehicles with rated loading capacity ≤ 328 tons, articulated dump trucks with rated loading capacity ≤ 40 tons, and all specifications The mechanically-driven mining vehicles will cease to implement import tax exemption policies.

It should be said that this policy has provided a relatively relaxed environment for the development of the domestic non-road mining vehicle industry, and laid the policy tone for the rapid development momentum of the domestic non-road mining vehicle industry in recent years. At the same time, the encouragement of this policy and the continuous expansion of market demand have prompted the mining car industry to appear like a rush of industrial capital in the field of shield equipment. At present, in addition to existing stock companies, such as Taiyuan Heavy Industry, Tonglian Heavy Industry, Tongli Heavy Industry, and Taian Aerospace, including a large number of engineering machinery companies mentioned above and domestic well-known commercial vehicles represented by Dongfeng, Yutong, and CNHTC, etc. Enterprises are all involved in the manufacturing of mining vehicles.

Due to the rapid increase in the number of participants, the market's competitiveness has increased significantly, and many companies have strengthened their marketing methods. For example, through the establishment of “Three Platforms” (financing platform, sales platform, and leasing platform), the North Shares established a new marketing model that integrates vehicle sales, spare parts sales, overhauls, and replacement of new ones, in order to consolidate and expand the market; Shougang Group launches The assembly replacement service initiative. At the same time, foreign companies are also trying to reduce the cost of production, in order to increase market competitiveness, or by giving way to domestic agents and other ways to continuously expand the impact on the Chinese market.

Increased risk of missing regulations At present, the mining vehicle industry has entered an accelerated period of development. The effective expansion of market size has stimulated a large amount of funds to flow into the manufacturing of mining vehicles. However, due to the limited scale of the mining vehicle industry for a long time, especially for large-tonnage electric wheel mining vehicles, due to factors such as high technology and expensive prices, it has been in a semi-closed state of operation, and has not caused relevant aspects. Although enough attention has been paid to the important mobile machinery products related to the safety of people and property, the related management measures surrounding mining vehicle products are still blank today, whether it is a catalog management approach similar to the automobile industry or related to mining. The license management approach.

Because there is no entry-level threshold, it has created a situation in which the area of ​​small-tonnage mining vehicles has become crowded and even chaotic. Constrained by the lack of brand image, technology platform, sales network, and service capabilities, some companies have adopted imitation and price warfare to participate in market competition. The phenomenon of disputes caused by quality problems has also occurred from time to time in the products that were rushed into the market. If this state cannot be reversed in time, it will undoubtedly cause serious harm to the emerging industry of mining vehicles.

It should be said that the modern mining industry pays more attention to scale, safety, environmental protection, energy saving, and consumption reduction. Even small and medium-sized mines and infrastructure construction projects will also consider these factors. Therefore, for mining equipment manufacturers, how to provide efficient, smart, safe, energy-saving, reliable, and comfortable equipment for mining is the key to determining whether they can share the dividends of the industry entering the fast-growing period. Whether with the development and extension of the demand market, continue to maintain competitiveness and obtain the core elements of development.

However, judging from the current situation, the mining car industry seems to be more likely to move toward a very customary outcome in the equipment manufacturing industry: the lack of rapid excess capacity supported by core manufacturing capabilities, as in excavators and shields. Everything that happened in the field of equipment.

It is understood that as the mining vehicle industry has been in a state of natural development for a long period of time, there are not many companies producing domestic mining car parts, and the supply period is longer. Especially in the large-tonnage electric wheel mining vehicles, such as the engine, electric wheel, electric drive control system and other key components, domestic enterprises do not have the manufacturing capacity, the mainframe enterprises still mainly adopt the “self-developed system integration” mode, In other words, it is an assembled assembly production method that uses global manufacturing resources as a platform. For those new entrants, I believe that in the development of electric wheel mining vehicles, it will not exceed this routine. In this way, it may not be long before, in the mining vehicle manufacturing sector will also send out those familiar voices: "The imported parts of the country devoured more than 70% of the industry's profits."

Obviously, there is still a huge business opportunity in China as one of the emerging economies. In this context, the “gold rush” activities in the field of equipment manufacturing will continue to continue. However, if an indiscriminate approach is adopted, the risk of harvesting may be much higher than the benefits, even for the mining vehicle industry that is still in a period of rapid growth.

The profound changes in the industrial structure The domestic non-highway mining dump trucks originated in the late 1960s and early 1970s, but in this period, the mining vehicles were mostly transformed from road vehicles. From a technical point of view, they are not purely pure. Mining car. Although from the mid-1970s to the mid-1980s, the Benxi Heavy-duty Vehicle Manufactory and the Xiangtan Electric Machinery Plant developed 68-ton and 108-ton mine cars, but there is a large gap compared to foreign products and they are basically not competitive. Until the end of the 1980s, the Inner Mongolia Northern Heavy Vehicle Co., Ltd. was established by a joint venture between China Weapons Industry Group and the United States Terex Group. The company is the only Sino-foreign joint venture company in the domestic mining vehicle industry, and it is relying on the introduction of Terex. The technology has successfully realized the mass production of specialized non-road mining dump trucks, which has opened a new prelude to the development of non-road mining dump trucks in China.

Before 2007, there were only a handful of five or six companies in the domestic production of non-road mining dump trucks, including the North Shares, Shougang CNHTC, Xiangtan Electric, Beijing Zhonghuan Power, and Benxi Zhongqi. In addition, foreign companies such as Caterpillar, Komatsu, Hitachi, Belas, and Liebherr also entered the domestic market earlier. However, due to the limited market capacity of ultra-large tonnage electric wheel mining vehicles and the relatively high threshold of manufacturing technology, the development of the industry at that time was rational and calm. As a domestic non-road mining vehicle R&D and production base, the Northern Stock Company produces and sells various models ranging from 23 tons to 360 tons in weight, and holds more than 75% of the domestic mining vehicle market, and is in absolute “rule” status.

In March 2008, the Ministry of Finance issued a notice to develop and manufacture large-scale non-highway mining vehicles for domestic enterprises (referring to electric-powered mining vehicles with a rated loading capacity of ≥108 tons and mechanical transmission mining vehicles with a rated loading capacity of ≥85 tons. ) Import duties on imported key parts and components, raw materials, and import value-added tax on imports are subject to “recruiting first”. At the same time, since April 1, 2008, for newly approved domestic and foreign investment projects, imported electric wheel mining vehicles with rated loading capacity ≤ 328 tons, articulated dump trucks with rated loading capacity ≤ 40 tons, and all specifications The mechanically-driven mining vehicles will cease to implement import tax exemption policies.

It should be said that this policy has provided a relatively relaxed environment for the development of the domestic non-road mining vehicle industry, and laid the policy tone for the rapid development momentum of the domestic non-road mining vehicle industry in recent years. At the same time, the encouragement of this policy and the continuous expansion of market demand have prompted the mining car industry to appear like a rush of industrial capital in the field of shield equipment. At present, in addition to existing stock companies, such as Taiyuan Heavy Industry, Tonglian Heavy Industry, Tongli Heavy Industry, and Taian Aerospace, including a large number of engineering machinery companies mentioned above and domestic well-known commercial vehicles represented by Dongfeng, Yutong, and CNHTC, etc. Enterprises are all involved in the manufacturing of mining vehicles.

Due to the rapid increase in the number of participants, the market's competitiveness has increased significantly, and many companies have strengthened their marketing methods. For example, through the establishment of “Three Platforms” (financing platform, sales platform, and leasing platform), the North Shares established a new marketing model that integrates vehicle sales, spare parts sales, overhauls, and replacement of new ones, in order to consolidate and expand the market; Shougang Group launches The assembly replacement service initiative. At the same time, foreign companies are also trying to reduce the cost of production, in order to increase market competitiveness, or by giving way to domestic agents and other ways to continuously expand the impact on the Chinese market.

Increased risk of missing regulations At present, the mining vehicle industry has entered an accelerated period of development. The effective expansion of market size has stimulated a large amount of funds to flow into the manufacturing of mining vehicles. However, due to the limited scale of the mining vehicle industry for a long time, especially for large-tonnage electric wheel mining vehicles, due to factors such as high technology and expensive prices, it has been in a semi-closed state of operation, and has not caused relevant aspects. Although enough attention has been paid to the important mobile machinery products related to the safety of people and property, the related management measures surrounding mining vehicle products are still blank today, whether it is a catalog management approach similar to the automobile industry or related to mining. The license management approach.

Because there is no entry-level threshold, it has created a situation in which the area of ​​small-tonnage mining vehicles has become crowded and even chaotic. Constrained by the lack of brand image, technology platform, sales network, and service capabilities, some companies have adopted imitation and price warfare to participate in market competition. The phenomenon of disputes caused by quality problems has also occurred from time to time in the products that were rushed into the market. If this state cannot be reversed in time, it will undoubtedly cause serious harm to the emerging industry of mining vehicles.

It should be said that the modern mining industry pays more attention to scale, safety, environmental protection, energy saving, and consumption reduction. Even small and medium-sized mines and infrastructure construction projects will also consider these factors. Therefore, for mining equipment manufacturers, how to provide efficient, smart, safe, energy-saving, reliable, and comfortable equipment for mining is the key to determining whether they can share the dividends of the industry entering the fast-growing period. Whether with the development and extension of the demand market, continue to maintain competitiveness and obtain the core elements of development.

However, judging from the current situation, the mining car industry seems to be more likely to move toward a very customary outcome in the equipment manufacturing industry: the lack of rapid excess capacity supported by core manufacturing capabilities, as in excavators and shields. Everything that happened in the field of equipment.

It is understood that as the mining vehicle industry has been in a state of natural development for a long period of time, there are not many companies producing domestic mining car parts, and the supply period is longer. Especially in the large-tonnage electric wheel mining vehicles, such as the engine, electric wheel, electric drive control system and other key components, domestic enterprises do not have the manufacturing capacity, the mainframe enterprises still mainly adopt the “self-developed system integration” mode, In other words, it is an assembled assembly production method that uses global manufacturing resources as a platform. For those new entrants, I believe that in the development of electric wheel mining vehicles, it will not exceed this routine. In this way, it may not be long before, in the mining vehicle manufacturing sector will also send out those familiar voices: "The imported parts of the country devoured more than 70% of the industry's profits."

Obviously, there is still a huge business opportunity in China as one of the emerging economies. In this context, the “gold rush” activities in the field of equipment manufacturing will continue to continue. However, if an indiscriminate approach is adopted, the risk of harvesting may be much higher than the benefits, even for the mining vehicle industry that is still in a period of rapid growth.