Valve Sales Growth Rapidly Decreases in Profit from Technology

Abstract: In China's current valve market, high-pressure valves still need to rely on imports, except for low-pressure valves that have reached the international market's acceptable level. Under the continuous optimistic view of the macro-economy, most of the valve industry's production and sales indicators have maintained rapid growth. However, affected by the price war, the industry's sales revenue and profits have dropped significantly from the same period of last year.

At present, China's valve industry still has some problems, such as China's valve companies mainly in low-level, small-scale, family workshop-based enterprises. In terms of products, due to repeated investment and inadequate technology introduction, the leading products of China's valve companies are still low-quality mass products. According to the reporter of the Refrigeration Express, at present, various types of valves produced by Chinese companies generally have the disadvantages of external leakage, internal leakage, poor appearance quality, short life span, inflexible operation, and unreliable valve electric devices and pneumatic devices. Some products are only quite equivalent. At the international level in the early 1980s, some valves needed for high temperature and high pressure and critical equipment still depended on imports.

China's valve industry in the industrial structure, the industrial chain of the valve industry, as well as the industry's degree of specialization and foreign companies have a large gap between the quality of the domestic valve products caused by the low: due to the rapid expansion of the market, the original state-owned valve companies have Shut down and switch. According to a survey conducted by the Air-Conditioning and Refrigeration Market, although a group of township and village enterprises has developed rapidly, due to the low starting point of the township and township enterprises, the technical strength is very weak, equipment is poor, and most of the products are modelled on production, especially the low pressure valves for water supply and drainage are serious problems. The above problems do not affect the broad prospects of China's valve industry in the future. This is mainly due to the support of national policies and the strong demand for valve product markets. In particular, several projects of the “West-to-East Gas Transmission”, “West-to-East Electricity Transmission”, and “South-to-North Water Transfer” projects require a large number of valve products to be started. .

With the recovery of the world economy, China's valve products have also experienced an increase in imports and exports. However, due to the large gap between high-end technology and foreign manufacturers, the product technology will become a constraint on the development of China's valve products in the future. bottleneck.

China is gradually becoming the largest processing plant in the world, and the processing and manufacturing of valve products face more room for development. Therefore, as long as companies can seize opportunities, strengthen research and development capabilities, and constantly improve product technology content and product quality, they will be able to Takes the initiative in the market competition.