Recently, the China Securities Regulatory Commission issued the “Reply on agreeing to the registration of Qiaofeng Intelligent Equipment Co., LTD. ‘s initial public offering of shares”, and Qiaofeng Intelligent, whose main business is industrial mother-machine, ushered in an important development moment. It is reported that Qiao Feng intelligence will be listed on the GEM of the Shenzhen Stock Exchange, and SCIC Securities will sponsor it. It plans to issue no more than 30.19 million shares of RMB ordinary shares to the public, and intends to raise 1.355 billion yuan. Gem is about to usher in another industrial mother-machine enterprise.

330880-28-25-061-01-02 Driven by industrial policy, the CNC machine tool industry ushered in a new round of upward cycle

Machine tool is the production of industrial equipment and components of equipment, is to achieve the modernization of manufacturing technology and equipment, bearing new quality productivity service Chinese modernization of the “industrial mother machine” and “technology cornerstone”. CNC machine tool is an automatic machine tool equipped with a program control system. Compared with traditional machine tools, CNC machine tools have outstanding advantages in processing accuracy, processing efficiency, processing capacity and maintenance, which represents the development direction of modern machine tool control technology. Its downstream application fields are extremely extensive, and it is an important cornerstone for China to move from “manufacturing power” to “manufacturing power”.

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In recent years, China has intensively introduced a series of industrial policies to support the development of the CNC machine tool industry, and CNC machine tools have been written into the 14th Five-Year Plan outline of 12 provinces and cities. The “Made in China 2025” strategy clearly put forward: “2025 China’s key process CNC rate will increase from the current 33% to 64%”; The “Action Plan for promoting large-scale equipment renewal and replacing old consumer goods with new ones” proposes that “by 2027, the penetration rate of digital research and development and design tools and the CNC rate of key processes of industrial enterprises above designated size will exceed 90% and 75% respectively.”

330880-28-25-061-01-02 With the strong support of national policies, the CNC machine tool industry has shown a rapid development trend and ushered in a new round of upward cycle. The scale of the industry continues to expand, and the overall operating condition is stable and good. According to the China Business Industry Research Institute data show that in 2023, China’s CNC machine tool market size reached about 409 billion yuan, the compound annual growth rate of the past five years reached 5.75%, and the industry market size is predicted to reach 432.5 billion yuan in 2024.