Machine Building

The rise of China's manufacturing Industry: High-end transformation and material innovation drive industrial upgrading

In recent years, China's machinery manufacturing industry is accelerating the transformation to the high-end, intelligent and green direction. Despite challenges such as rising costs, the industry is embracing a new round of growth opportunities through technological innovation and supply chain optimization. The latest data for 2024 show that China's manufacturing PMI has been in the expansion range (50.4%) for six consecutive months, while high-tech manufacturing investment increased by 18.7% year-on-year, confirming that China's manufacturing is jumping from "scale advantage" to "quality advantage".

The rise of China's manufacturing industry as a new driving force

1. High-end equipment breakthrough

- Construction machinery field: Sany Heavy Industry, Xugong Group and other enterprises among the world's top five, high-end hydraulic parts, high-strength steel boom and other core components localization rate of more than 80%

- Semiconductor equipment: NAURA's etching machine and MICron's MOCVD equipment have entered the international supply chain

2. Technological innovation accelerates

In 2023, the density of industrial robots will reach 392 units per million people, twice the global average

- The penetration rate of smart factories increased to 25%, and the application rate of digital design tools exceeded 60%

3. Material upgrading promotes industrial change

- The fatigue life of high-end bearing steel has exceeded 100 million revolutions, reaching the international advanced level

- Die steel mirror polishing accuracy of Ra0.05μm, support consumer electronics precision manufacturing

Shengxi's core advantages in helping manufacturing upgrade

As specialists in materials solutions, we offer three pillars to support the transformation of manufacturing:

1. Domestic substitution of high-end materials

- Supply of NAK80 pre-hardened steel (hardness HRC38-42) for automotive molds, replacing Hitachi Metal

- Develop wear-resistant alloy cast iron for machine tool guide rails, which can increase the service life by 3 times

2. Custom development of special materials

- Metal powder for 3D printing (316L, 18Ni300)

- Oxygen-free copper for ultra-precision machining (purity 99.99%)

3. Full process technical service

- Full support from material selection advice to failure analysis

- Establish material big data platform to realize intelligent selection

New opportunities and future prospects of the industry

- New energy equipment manufacturing drives the demand for special alloys, and the market size is expected to reach 200 billion yuan in 2025

- During the "14th Five-Year Plan" period, the special investment in intelligent manufacturing will exceed one trillion yuan, giving birth to new material application scenarios

- Shengxi has served 300+ manufacturing customers, including BYD blade battery die steel, DJI drone magnesium alloy parts and other benchmark projects

At present, China's manufacturing industry is ushering in a key transition period from "manufacturing power" to "intelligent manufacturing power". Shengxi will continue to deepen material innovation, work with customers to grasp the three major trends of industry 4.0, carbon neutrality and domestic substitution, and help Chinese manufacturing occupy a more core position in the global value chain. Our goal is not only to meet the demand, but also to help customers to create a competitive advantage of "people have no I have, people have my advantage" through material technology empowerment, and share the dividend of manufacturing upgrading.