China version of “Industry 4.0” planning

The key support area of the “Made in China 2025” industrial planning is “intelligent manufacturing”, which emphasizes the deep integration of the new generation of information technology and manufacturing industry, and accelerates the intelligent manufacturing process of intelligent products such as robots, intelligent factories, and the integration of the Internet and manufacturing industry. Miao Wei, Minister of the Ministry of Industry and Information Technology, said that the Ministry of Industry and Information Technology is currently participating in the research on major projects of intelligent manufacturing organized by the state. It is estimated that it will take three years to select key areas, select some regions and industries for pilot and demonstration exploration, and promote the development of intelligent manufacturing.

Orient Securities predicts that in the next five years, support policies for sub industries, sub regions and encouraging localization of the intelligent manufacturing equipment industry will come one after another, and China’s intelligent manufacturing will truly enter the golden age of policy. In the first decade of becoming a manufacturing power, the national policy will take the deep integration of industrialization and industrialization as the main line, resolve many contradictions in the current manufacturing industry, and improve the efficiency, efficiency and level of the manufacturing industry. From the perspective of realization path, the focus of promoting intelligent manufacturing in the first decade is to move from stand-alone automation to intelligent chemical plants to improve industrial efficiency and competitiveness in a certain field; Develop system integrators (general contractors of intelligent factories), innovate manufacturing models, and upgrade the manufacturing industry; In the field of intelligent equipment manufacturing, support local brands and develop key hardware such as CNC systems, sensors and industrial robots.

People in the foundry industry said that compared with developed countries that had launched intelligent manufacturing in the 1970s, China’s intelligent manufacturing development started decades later. As the direction of China’s industrial transformation and upgrading, intelligent manufacturing contains huge investment opportunities. It is not only a breakthrough for the deep integration of industrialization and industrialization, but also one of the entry points of industrial Internet.

Therefore, CITIC Securities believes that investment opportunities under this trend come from three aspects: first, intelligent control devices, that is, industrial automatic control devices tend to be digital and intelligent; Second, intelligent manufacturing machines, namely industrial robots, CNC machine tools and intelligent sets of equipment; Third, intelligent terminal products, that is, intelligent products that can integrate intelligence and networking.

In fact, around the core industries of “Made in China 2025” such as industrial automation, industrial Internet, Internet of Things and sensors, listed companies have taken the lead in layout, and the related capital operations are intensive. According to incomplete statistics, as of the end of April this year, including the acquisition of Broad Environment by Bolint, the acquisition of DMW by Huachangda, the acquisition of SMD by CSR Times Electric, and the acquisition of Lianshuo Technology by Helenze, at least 15 listed companies have invested in or acquired robot enterprises. On the other hand, the listed companies have obvious strategic inclination, focusing on the improvement of innovation and independent research and development capabilities. For example, Shenyang Machine Tool released the “i5” strategy of transforming from a traditional machine tool manufacturer to an industrial service provider and facing Industry 4.0, and jointly launched the “Made in China 2025 Intelligent Industrial Innovation Alliance” with Far East Transmission and other enterprises; According to the disclosure of Huazhong CNC, with the support of major national projects, the Huazhong 8-type CNC system developed by the company has made significant technological progress and has been successful in important enterprises such as Shenyang Aircraft Corporation and the Eighth Academy of Aerospace Science and Technology.

Galaxy Securities believes that Made in China 2025 will accelerate the industry reshuffle, and the profitability of leading enterprises will be further improved, otherwise, low capacity and high energy consumption enterprises will be eliminated.