Instrument and Meter Industry Twelve Five Production and Sales Values ​​Nearly Thirty Billion 3 Companies Will Benefit

According to the Instrument and Meter Industry Association, the “Twelfth Five-Year Plan” formulated by the Association requires that in the next five years, the industry’s production and sales value will reach or approach RMB 1 trillion, with an average annual increase of 15% and a cumulative increase of over 74.9%.

According to the latest data, the scale of production and sales of the instrumentation industry exceeded RMB 500 billion for the first time in 2010. According to the target of RMB 1 trillion, the sales volume in the “Twelfth Five-Year Plan” will nearly double.

It is reported that strategic emerging industries will become an important driving force for high growth in the instrumentation industry. In recent years, with the increase in the level of equipment, the proportion of instrumentation in the total investment in engineering equipment has reached about 18%. Association members pointed out that during the "Twelfth Five-Year Plan" period, many of China's innovative development projects, such as marine engineering, new energy projects, and other related projects will drive the growth and improvement of instrumentation demand.

In the "12th Five-Year Plan" of the instrumentation industry, total industry profits will reach 71.3 billion yuan during the period, with an average annual growth rate of 13%. The main business profit margin will reach 8.5%-9%, and total assets will reach 870 billion yuan.

The plan also requires that when the time comes, the concentration of leading companies will further increase. At the end of the “Twelfth Five-Year Plan” period, there will be 3-5 enterprises that produce and sell more than 10 billion yuan in the industry, and 100 companies that exceed 1 billion yuan will have a market concentration of 25%.

This means that even as a leader in each segment, the sales scale of listed companies has huge room for improvement. According to the 2010 annual report data, the revenue from the major environmental protection business of Xianhe Environmental is approximately 170 million; Concentration Technology is approximately RMB 650 million; Tianrun Enterprise is approximately RMB 276 million, which is significantly different from the Association’s definition of “leading enterprise”.

The plan proposes that during the "12th Five-Year Plan" period, the industry's export volume will exceed 30 billion U.S. dollars, and the increase in exports will be greater than the increase in imports, in which the proportion of domestic enterprises' exports will exceed 50%. At the same time, planning requirements, the number of listed companies in the industry during the "Twelfth Five-Year Plan" will strive to reach about 150, the value of production and sales of local companies accounted for more than 70% of the total value of the industry, the domestic market share of enterprises is greater than 60%.