Boshen Tools Future Layout Power Tools Market

Boshen is a leader in domestic diamond tools. Its product system covers more than 2,000 varieties of “cutting”, “drilling” and “grinding”. It is currently one of the few companies in the country that simultaneously develops and produces the above three types of tool products. By the end of 2010, the company has successfully obtained diamond grinding tools for five production lines, and it is expected to exceed 17 production lines in 2011. The downstream industries of diamond tools are mainly concentrated on infrastructure construction, construction, decoration and decoration of roads and bridges, etc. Benefiting from the acceleration of road network construction and affordable housing construction in recent years, the diamond tool industry is expected to grow at a rate of approximately 15% in the next few years. . As the leading diamond tool in China, the company ranks first in the industry for consecutive years, taking into account the broad market space brought by new markets and new profit models. It is expected that the company's diamond tool business will grow at a rate of 30% in the next three years.

Electric tools are the key business of the company in the next few years. Since there are few product series this year, revenue is expected to increase by only 50% to RMB 50 million. However, as more varieties reach the market next year, the product line will be substantially improved and the rest will continue to rely on Perfect sales channels will effectively meet the needs of customers for supporting procurement. It is expected that the company’s planned sales will double in 2-3 consecutive years.

With abundant technical reserves, high-speed rail brake pads have the first-mover advantage. No substitute for leading advantages in the field of diamond tools and metallurgical powder materials. The company has started research on EMU brake pads many years ago. At present, the company has patents for two high-speed rail brake pads and has 300 The production technology of brake linings for high-speed rail vehicles below km/h, high-speed rail brake pads of 300km/h or more are under development, and the product performance has reached the level of similar foreign products, and is currently waiting for the relevant tests of the Ministry of Railways. It will enter the high-speed rail brake market in the second half of 2012. In the same industry, North and South China Vehicles did not conduct research on brake pads, and Boyun New Materials was established in mid-2010. Other small companies did not have the ability to develop qualified products in 2-3 years. Therefore, the company started in the high-speed rail brake industry. The advantage is huge.

At present, the brake pads contract between the Ministry of Railways and foreign companies has already expired, and the localization of brake pads is very high. Domestic manufacturers are expected to quickly export and replace. As high-speed rail brakes are consumables, an EMU needs to replace the brake pads 3-4 times a year, which has a large market capacity. According to calculations, the market capacity of the EMU brake pads in 2012 and 2015 were 3.7 billion and 7 billion respectively. It can be predicted that the high-speed rail brakes will bring about a huge increase in the company's net profit and operating income.