The machine tool industry is showing a good trend

Jiang Xin, the person in charge of the China Machine Tool Business Network, told reporters that since the fourth quarter of last year, there has been a good trend for machine tool orders, and that inventory has been almost consumed at the end of the year.

The reporter learned from the 2017 Shanghai Mould Exhibition that is being held that machine tool companies have had very strong orders this year.

Jiang Xin, the person in charge of the China Machine Tool Business Network, told reporters that since the fourth quarter of last year, there has been a good trend for machine tool orders, and that inventory has been almost consumed at the end of the year. This year's industrial orders are even more unexpected. Many members of the China Machine Tool Business Network are too late to produce, and some orders for delivery in April and May are scheduled for the end of the year.

There are numerous subcategories of machine tool companies. Hot orders involved all machine tool categories, including general metal cutting machine tools, forging presses, and engraving machines in subdivisions.

It is reported that due to tight supply of accessories such as guide screws and CNC systems, the current machine tool industry has not expanded production, although there are sufficient orders. Jiang Xin predicts that the machine tool industry will improve or continue for a long time.

A-share listed machine tools and parts companies include Shenyang Machine Tool, Kunming Machine Tool, Qinchuan Machine Tool, East China CNC, Haitian Precision, Rifa Precision Machinery, and CNCC.

The machine tool companies listed on the New Third Board include Guowei Machine Tool, Anyang Machine Tool, Hengsheng Machine Tool, Fanna CNC, Huagong Stock, Digital Dafang, Ruiheng CNC, and Jiatai CNC.

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