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2021

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China's Machine Tool Private Enterprises in Action-Hunan (II) Yuhuan CNC


In the 1990 s, it was the climax of my country's reform and opening up. From civil servants to employees of state-owned enterprises, there was a wave of "going to the sea" created by the times ". In the tide, people show their abilities, some for their personal career, and some aspire to revitalize China. Over the past few decades, the sea of commerce has gone up and down, leaving behind a number of dancers on the cusp of the waves.

 

 

Yuhuan CNC Machine Tool Co., Ltd. (hereinafter referred to as "Yuhuan CNC") Chairman Xu Shixiong is one of the dancers. Since the 1970 s, he has worked successively in Hunan Yuanjiang Agricultural Machinery Factory, Hunan Yiyang Tractor Factory, and Hunan Clutch Steel Sheet Factory. From technician, workshop director, technical section chief, deputy factory director to factory director, he has developed a strong business. ability. Until 1995, he left the familiar and comfortable environment and chose to start a business.

Today, Xu Shixiong is the chairman and general manager of a listed company with hundreds of millions of dollars in revenue. He holds many social positions, but in his heart, the title of "old robot" seems to be a greater honor, and he often calls himself this. In fact, only people like him who come up from basic technical positions can truly interpret what love of work is. In his life experience, he has experienced too many ups and downs from scratch, from scratch to excellence.

In 1995, 41-year-old Mr. Xu Shixiong founded Yuhuan Industry, which produces equipment for the domestic auto parts and bearing industries, and continues to work hard in his old business. Nearly ten years later, from Yiyang to Changsha, officially opened the grinder product series, large-scale production. In October 2017, Yuhuan CNC was listed on the small and medium-sized board A shares of the Shenzhen Stock Exchange, realizing Chairman Xu Shixiong's plan to build an overall solution for the grinder.

And so far, the main products of Yuhuan CNC include CNC grinding machine, CNC grinding and polishing machine and intelligent equipment series products. Among them, CNC grinding machine is divided into CNC double-end grinding machine, CNC camshaft grinding machine and other grinding machines, mainly used in 3C, automobile and other fields; CNC grinding and polishing machine is mainly divided into 3D magnetic flow polishing machine, CNC double-sided grinding and polishing machine, CNC single-sided grinding and polishing machine, mainly used in consumer electronics, automobiles, robots and other fields; intelligent equipment series products are mainly divided into industrial robots and intelligent complete sets of equipment, mainly used in logistics transportation, machine tool product automation and robotics and other fields.

According to the 2020 annual report data of Yuhuan CNC, its 2020 annual operating income of 304.2941 million yuan, of which the company's CNC grinding machine products to achieve operating income of 27.5954 million yuan, CNC grinding and polishing machine products to achieve operating income of 266.2776 million yuan, intelligent complete sets of equipment to achieve operating income of 6.1844 million yuan. Over the years, Yuhuan CNC has steadily moved forward towards the established goals.

 

 

At the beginning of the establishment of Yuhuan CNC, it was also an era of historic changes in China's state-owned economy in terms of enterprise system, industrial allocation, state-owned assets supervision and enterprise leadership system. From the perspective of the reform of state-owned enterprises, it was already the second stage-state-owned enterprises through mergers and reorganizations, laid-off diversion and debt-to-equity swaps and other measures to improve profitability and establish a modern enterprise management system.

State-owned enterprises are continuing to reform, while township enterprises, "three-capital" enterprises, and private enterprises have achieved rapid development in various industries. Times are changing and the pattern is moving. For example, the machine tool industry "Eighteen Arhats" formed at the beginning of the founding of New China have different fates in the tide of the times. Among them, Changsha Machine Tool Factory, one of the "Eighteen Arhats", has made the "plug-in" machine tool become a feature of Hunan's machine tool industry and is well-known throughout the country. With the gradual evolution of the industrial structure, Changsha Machine Tool Factory has finally turned into two or three private enterprises in a hundred years. Although the influence still exists, the brand of "one factory, one city" has gradually faded. Now in the Hunan machine tool industry, more shining is a group of grinding machine enterprises represented by Yuhuan CNC.

Yuhuan CNC, Zhongda Chuangyuan, Huda Haijie, Yipai CNC... In addition to the existence of the National High-efficiency Grinding Technology Research Center of Hunan University, there are also three trillion-level industrial clusters such as construction machinery, rail transportation equipment, and aerospace. The grinder enterprises represented by Yuhuan CNC have carried the banner of Hunan machine tool industry and are organized by Hunan Machine Tool Industry Association, A large number of enterprises with their own characteristics have been united to form a new pattern of "one main body and two wings"-grinding machines carrying flags in front, and pulling machines and lathes guarding the two wings.

Grinding is the last process in all precision machining processes. Grinding machine is an important branch of metal cutting machine tools. Grinding technology and grinding machine products are the guarantee of machining accuracy and quality. With the development of industry, people's demand for machining accuracy and surface roughness of mechanical parts is increasing day by day, and grinding technology and grinding machine products are becoming more and more important. And other general-purpose machine tool situation is similar, from the market structure, China's long-term high imports of grinding machine. In the view of Chairman Xu Shixiong, the only way out for domestic machine tools is to "replace imports".

 

 

In 2010, Yuhuan CNC participated in the Foxconn supplier competition queue for the first time, competing with counterparts from Japan and Taiwan and winning the bid. Since then, the momentum has been unstoppable. In 2016 and 2020, they won the bid successively by defeating strong opponents. Over the years, Yuhuan CNC has achieved a number of "alternative imports" in the production of parts and components in China's 3C electronics industry. Yuhuan CNC's precision grinding and polishing equipment has provided Foxconn with more than 6000 complete sets of equipment for producing front cover glass modules, middle frames and metal back covers. It is understood that in 2020, the order amount of Yuhuan CNC multi-station polishing machine for 3C market will reach 0.339 billion yuan.

In 2017, after Yuhuan CNC went public, Chairman Xu Shixiong formulated two "five-year plans". At present, the first "five-year plan" is being implemented ". Among them, the completion of the "Yuhuan Science Park" is a key step in the plan. It is understood that at present, Yuhuan Science and Technology Park has settled in a number of enterprises, including Hunan Yuhuan Intelligent Equipment Co., Ltd., a subsidiary of Yuhuan CNC established in 2014, and Hunan Yuhuan Precision Manufacturing Co., Ltd., a subsidiary of Yuhuan CNC established in 2020. Yuhuan Intelligent integrates the research and development, production and sales of intelligent equipment, with "industrial robot CNC machine tools" and "automated logistics transportation" as the main content. to provide automated manufacturing equipment and personalized demand solutions for machining, automobile, rail transit, microelectronics and other industries. Yuhuan Precision is an enterprise formed by Yuhuan CNC's excellent team in the industry. It specializes in precision CNC machine tools and automation equipment, grinding and polishing consumables, mechanical parts, etc. Through the establishment of Yuhuan precision, the formation of technical synergy, effectively improve the feedback efficiency of customer demand, so that the overall competitiveness of Yuhuan CNC has been further improved.

 

 

In addition to Yuhuan Intelligence and Yuhuan Precision, Hunan Southern Machine Tool Co., Ltd. has also settled in Yuhuan Science and Technology Park, in addition to several machine tool enterprises. Chairman Xu Shixiong is very confident. He said that Yuhuan Science Park will incubate at least 2 to 3 listed companies in the future. At the same time, Yuhuan CNC also plans to sort out the interior of the first "Five-Year Plan" and make institutional adjustments so that it can enter the second "Five-Year Plan" calmly ". In the first "Five-Year Plan", another key task of Yuhuan CNC is to prepare for the establishment of a research institute to study common technologies and core technologies. Chairman Xu Shixiong believes that the research institute must be built.

The second "Five-Year Plan" of Yuhuan CNC is to go abroad, rush into Asia, use the research institutes to be established as technical support, and enter the local market through acquisitions and establishment of offices in Japan, India and other countries. In fact, the layout began in the first "Five-Year Plan", and Yuhuan CNC set up an office in India in 2019. It is understood that the Indian office has not stopped its development during the 2021 epidemic. Orders for grinders from India's Tata Company alone reached more than 1000 million yuan, thanks to the local localization management of Yuhuan CNC.

After the two "five-year plans", the overall development thinking of Yuhuan CNC will tend to be unified, and between twists and turns, it is only to realize Chairman Xu Shixiong's dream of being the best grinder in China.

If you look at the entire Hunan machine tool industry, Yuhuan CNC's existing achievements and status have been sufficient to comfort Chairman Xu Shixiong's original difficulties in starting a business. In addition, Chairman Xu Shixiong is nearly ancient, and most people have already enjoyed family happiness at this age. However, he is not willing to stop moving forward, especially when Yuhuan CNC took over the burden of the chairman unit of Hunan Machine Tool Industry Association, his consideration has long been not limited to Yuhuan CNC, and the sense of responsibility that followed has become more and more heavy and urgent.

Youdao is "not stagnant in things, but with the passage of time". Chairman Xu Shixiong believes that the overall scale of Hunan's machine tool industry is not large, and the forces supporting the entire industry are now private enterprises, but Hunan's machine tool industry is "specialized and innovative". In the opinion of Chairman Xu Shixiong who has been doing machinery business all his life, whether an enterprise is outstanding or not cannot be measured only by its output value and revenue. The reason why Hunan machine tool enterprises still insist on doing it is that they really have feelings and complex support. However, it is not a long-term plan to rely on feelings and complexes to support. What he wants to do most is to take everyone to set up a good platform, organize and maintain a good talent team, and enhance and further enhance the existing characteristics of Hunan machine tool industry.

At present, Hunan province "three high four new" strategy is being implemented. Facing the opportunity of working together to revitalize China's machine tool industry, whether it is Yuhuan CNC's dream of being "the best grinder in China" or the blueprint for the development of Hunan's machine tool industry, it has become brighter and more concrete.


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Keywords: CNC grinding machine series, grinding and polishing machine series, intelligent equipment, metallurgical energy equipment
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