Recently, the relevant departments of the state issued "on the announcement of the second batch of manufacturing single champion enterprises and single champion products list notice", Jiangsu Yuefeng Group Co., Ltd. on the list, become a single champion demonstration enterprise.
It is understood that the relevant departments of the above-mentioned countries leading the selection of single champion manufacturing enterprises, aimed at implementing "Made in China 2025", to guide manufacturing enterprises to focus on the sub-product sector, cultivate and enhance more manufacturing global single champion, promote China's industry as a whole towards the global value chain in the high-end.
For more than 20 years, Yuefeng Aluminum has been committed to the light and quantitative development of transportation, machinery and equipment and power engineering.
After years of development, Yuefeng aluminum technology has a collection of gold melt casting, mold design, advanced equipment and product research and development of four integrated supporting advantages, highlighting its incomparable comprehensive advantages in the industry and unique core competitiveness, on behalf of the industry to show the world the strength of Chinese manufacturing.
It is understood that enterprises participating in the evaluation of "single champion demonstration enterprises" must meet two basic requirements, one is "single", enterprises mainly engaged in 1-2 specific market segments, and long-term "intensive cultivation" in relevant fields; the other is "champion", requiring enterprises to have a strong market position and a very high market share, single. The market share of products is in the forefront of the world.
The demonstration enterprise that wins the single championship of manufacturing industry needs strong technical strength. Yuefeng Aluminum is not only a representative of domestic high-end manufacturing enterprises, but also a leading enterprise in the global industry, and has maintained a good and steady development trend for many years. In 2017, China's Yuefeng Aluminum Company realized a revenue of RMB 19.46 billion yuan and a profit of RMB 3.87 billion, an increase of 33.1% over the same period last year.
According to the industry's authoritative consulting firm Antaico data, as of the end of 2016, Yuefeng aluminum in the domestic industrial aluminum extrusion products accounted for 9.9% of the market share, the top 10 aluminum extrusion enterprises in the remaining 9 markets total 8%, Yuefeng aluminum technology to maintain the industry's absolute leading position.
In the Action Plan of "Made in China 2025", building an internationally competitive manufacturing industry is the only way for China to enhance its comprehensive national strength and build a world power. The selection of manufacturing individual champion, is to guide enterprises to focus on innovation and quality improvement, so that more "single champion" to lead China to the world.
Over the years, Yuefeng aluminum in the domestic market steadily, overseas development ideas are also very clear. In addition to Germany, Belgium, the Netherlands, the United Kingdom and other countries and regions, focusing on the development of related regions of the aluminum market, China Yuefeng Aluminum also through international mergers and acquisitions to deepen the layout, further expand the global market.
On September 13th last year, China Yuefeng Aluminum announced that it would accelerate its expansion in aviation, automotive and other fields by acquiring a controlling stake in Una Aluminum Co., a German high-end aluminium extrusion company, through its indirect wholly-owned subsidiary. Founded in 1914, Una Aluminum's main products are seamless tubes, shunt extrusion tubes and other high value-added aluminum alloy extrusion products, its products are widely used in aviation and automotive industry and other fields, the main customers include Airbus, Boeing, Bombardier, Mercedes-Benz, BMW and other world-renowned manufacturers.
On October 26th last year, China's Yuefeng Aluminum announced the acquisition of a controlling stake in Silver Yachts Ltd., an All-Aluminum Superyacht manufacturer based in Australia, to further expand the use of aluminum alloy materials in the maritime sector. SilverYachts is currently a leader in the design and production of large all-aluminum superyachts over 70 meters, with major clients including members of the Gulf royal family and prominent High-Tech entrepreneurs in the United States.
Industry experts believe that china Yuefeng Group's acquisition of the two companies, both of China Yuefeng Aluminum in the business level is highly complementary, with the two acquisitions of synergies continue to play a role, China Yuefeng Aluminum's future development potential will be gradually released.
At present, China's economic development has reached the process of "quantitative change" to "quality change", China needs a "quality revolution" in the manufacturing field from a manufacturing power to a manufacturing power. However, China's manufacturing industry in the global value chain division of labor is still in the middle and low-end link, there is a "big but not strong" problem. Manufacturing from large to strong, not only to develop a number of world-class large-scale leading enterprises, but also to cultivate a long-term focus on the specific segments of the manufacturing industry, can lead the development of this sector and occupy the market leader in the single leader.
One of the characteristics of manufacturing single champion is to take technology as the fulcrum, work product innovation, and promote manufacturing upgrading. Yuefeng aluminum has already put intelligent manufacturing on the agenda, and constantly increase investment in scientific research and innovation, increase the proportion of high value-added products, to high-end manufacturing transformation. It is understood that Yuefeng aluminum as early as 1998 has been set up as a corporate technology center, invested a lot of money in science and technology research and development, and actively cooperate with major universities, research institutions, in high-end product development and continuous breakthrough, covering aviation, rail transportation and other applications, Yuefeng aluminum products with leading technology around the world's major markets.
With the continuous improvement of comprehensive strength, Yuefeng aluminum itself is also looking for greater breakthroughs. In 2016, Yuefeng Aluminum began its third strategic transformation, that is, based on the existing high-end industrial aluminum extrusion, aluminum sheet, to deep processing, and continuously improve the proportion of deep-processed products with high added value, more to provide customers with end products, among the ranks of first-class suppliers, The transition from a high-end supplier of aluminum processing materials to a supplier of lightweight integrated solutions.
At present, China's manufacturing industry is moving towards the middle and high end, Chinese enterprises master the core technology, process level, manufacturing capacity, etc. continue to climb, in many areas to become a domestic and even global leader. Industry analysts believe that Yuefeng aluminum technology products in line with energy conservation and emission reduction, traffic lightweight trend, but also benefit from the "Made in China 2025" and "Belt and Road" initiative, coupled with the company's own innovation and research and development strength, cast its leading position in the global industry.
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Contact Person: Mr. James Wong
Tel: 0086 186 6296 3676