The Phoenix Nirvana reborn. China Weapons Industry Group Wuhan Heavy Machine Tool Group Co., Ltd. faced the difficult situation of continuous loss for three consecutive years, took the initiative to adapt to the new normal, firmly grasped the development initiative, and exerted precision in the supply-side structural reforms, through optimizing the layout, expanding supply, With strong measures such as innovative mechanisms, turning losses into losses, entering a track of sound development, and embarking on a road of adjustment and transformation with the characteristics of Wuzhong, the fundamental changes have taken place in the economic strength and social image of enterprises, and a brand new Wu Jing Group has appeared in society. before.
Optimize industrial layout and help enterprises transform and upgrade
Wuzhong Group has implemented a development strategy of “Machine Machines and Special Machines Are Equally Stressed to Create Relevant, Associated Industrial Chains and Value Chains†to solve the problems of a single industrial structure and a low risk resistance capability. It adheres to the path of market specialization and product differentiation and boosts enterprises. Transformation and development.
Transforming traditional industries and rejuvenating traditional engine power. Wuzhong Group takes high-speed, high-precision, multi-axis linkage control and multi-channel composite machining as its goal, and takes digital, networking, and intelligence as development directions, and deeply integrates advanced manufacturing technology, information technology, and intelligent technology to promote machine tool production, management, and marketing. Model change. Targeting aerospace, China Shipbuilding Heavy Industry, new energy and coal chemical industry segments, it has undertaken a number of projects such as gas turbine engine turning and milling and machining centers, and split automation production lines. It has completed the demonstration of digital workshop applications, based on machine linen products, and cultivated Improved system solutions and integrated service capabilities, leading the industry in the direction of intelligent transformation. The company has become the provincial intelligent manufacturing demonstration enterprise and China's top 100 intelligent manufacturing enterprises. From 2014 to now, Wuzhong's machine tool orders have been increasing year by year, with a compound annual growth rate of 15%, and a year-on-year increase of 37% from January to May 2017. In the general downturn of peer companies, Wu Zhong was the first to turn a loss-making profit, the market share contrarian rose, and the leading position of the industry was consolidated.
Cultivate new industries and build new engines for industrial development. Using strategic opportunities such as the “Belt and Road Initiative†and urbanization construction, the company focused on its technological and processing capabilities and cultivated new growth momentum in the special aircraft sector. With the strong support of the group company, it successfully entered the shield machine market, established an industrial chain integrating technical cooperation, processing and manufacturing, financial leasing, maintenance and repair, and gradually built industrial control power in Wuhan, Chengdu, Hangzhou and other subways. In the project, more than 30 Shield Machines have been sold in order to achieve the goal of establishing a foothold in Wuhan and moving toward the country. Wu Jing successively set up specialized companies such as remanufacturing, mining machines, and railway equipment to co-ordinate the development of new businesses such as green remanufacturing, mining machinery, railway equipment, large-scale amusement equipment, and high-end wind turbine wheels, and created a number of “hidden championsâ€. After three years of hard work, the revenue of the special-purpose machine business showed an explosive growth from zero. In 2016, the revenue accounted for more than 50%. The industrial pattern of Wuzhong's “machine tool and special machine†has been formed.
Development of military products, nurturing development growth points. Wuzhong Group has firmly grasped the opportunities for competitive procurement of weapons and equipment in China. It has successively developed several sets of rocket fuel tank longitudinal and circumferential welding equipment, and has contracted a number of low-temperature wind tunnel devices to meet the requirements of the national large-scale aircraft project test support; A batch of military manufacturing tasks that are difficult to manufacture and have high technical content.
Extend effective supply and create core competitiveness
Wuzhong Group insists on taking customers as the center, continuously improving the supply of varieties, quality and capabilities, so that products can meet the actual needs and potential needs of customers, while also being able to adapt to the requirements of individual customization and differentiation, and effectively create value for customers and society.
Strengthen the innovation drive and improve the quality of supply. Strengthen basic commonality, key core technology research, research and development of intelligent equipment and system solutions, accelerate industrialization and application; carry out in-depth cooperation with Germany-based companies such as Keegan and Herrenknecht, and cooperate with Tsinghua University and Huake University to carry out “production, research and development†The platform promotes technological collaborative innovation; implements the Group's “20 innovations in science and technology†and formulates and implements Wuzhong’s innovation and innovation program. In recent years, the annual revenue of the company's new products has reached more than 60%, and 12 national-level scientific research projects have been developed and won two national awards for scientific and technological progress. In total, there have been 36 industrial standards and more than 120 patents obtained, among which, : The self-developed domestic first set of product “DL250 super heavy duty CNC horizontal boring lathe†won the “Twelfth Five-Year†major scientific and technological achievement award, solved the processing problem of the 1100 MW supercritical nuclear power half speed rotor and large ship rudder shaft, breaking the foreign Long-term technical blockade; “Digital multi-unit gantry mobile drilling machine†cooperated with Tsinghua University to solve the problem of precision and efficiency of hole making in the irregular cavity surface of complex large parts in the aerospace field, in order to improve China's equipment manufacturing. Industry level makes important contributions.
Innovate business models and expand effective supply space. Around the three transitions of "Service +" "Internet +" "Product +", Wuzhong Group regards service as a key link in product value-added, pursuing the maximization of life cycle value. In recent years, innovative innovations have been made in the financing of lending machines for shields, integrated boring services, and the integration of perforating and blasting drilling boring machines. Leasing business orders have grown from 30 million yuan in 2016 to 170 million yuan in 2017; the “machine tool cloud†has been formed. "Network" industrial platform, extensively carry out on-line monitoring, remote diagnosis, process optimization, equipment maintenance, capacity matching and other intelligent services, and accelerate the transformation from traditional manufacturing to service-oriented manufacturing.
Optimize the structure of human resources and establish a sustainable development supply. We will vigorously implement the “Strengthening Strategy for 335 Talented Peopleâ€, improve the market-based selection and employment system, broaden the promotion mechanism and development channels for all kinds of talents, and conduct core talents training in an orderly manner. Cumulative selection of middle and senior professional managers 8; three years to achieve net reduction of 368 people, through the "restraint" diverted more than 240 redundant staff, the total labor productivity quadrupled than three years ago.
Optimize institutional mechanisms to stimulate business development
Wuzhong Group's policy of "transformation, innovation, expansion, quality improvement and efficiency increase" promoted the reform of the institutional mechanism guided by the "market" and "problems", optimized the input structure of factors, and released the vigor of corporate development.
Establish an effective incentive mechanism to light the entrepreneurial passion of the officers. Since 2013, the company has successively carried out a series of institutional reforms such as marketing systems, supply chain, technology, and management and control models in response to issues such as interest barriers, path dependence, and system inertia, which have been adapted to the development strategy and the business sector. The matching operating system and organizational structure promote the subsidiary companies to become the main players in market competition that are self-operated, self-financing, and at their own risk. In accordance with the principles of value creation and efficiency prioritization, the annual performance appraisal and remuneration management system will be adjusted, and sales commissions and research project commissions will be “not capped†policies to stimulate the entrepreneurial passion of the cadres and staff.
Marketization of asset allocation improves asset use efficiency. In accordance with the relevant requirements of the SASAC, it has promoted the special work of “treating impoverishment at work†and “pressure reduction†in an orderly manner. It has withdrawn from the backward production capacity forging business and liquidated and cancelled the Weitai Licensing Company. Through asset leasing and joint land development, the overall planning and rolling development of land resources for deposits has achieved a non-operating assets income of more than RMB 60 million over the past three years, providing funds for the development of the main industry.
Diversify capital operations and build an effective corporate governance structure. Exploring mixed-ownership economy. In recent years, new gold bonds, mining machines, and remanufacturing companies have been established and private-owned mechanisms have been introduced. The scale and quality of operations of the three units have been increasing year by year. In 2016, the company realized an accumulated revenue of 120 million yuan, and in particular, the rigs for rotary roller rigs broke through the world. The highest operating altitude record, the newly opened large-scale amusement equipment sales exceeded more than 20 units, and enhanced the competitiveness of the enterprise market.
Practice lean management to achieve sustainable development of quality and efficiency. Wuzhong Group thoroughly implemented the full value chain systematic lean management strategy of Weapons Industry Group, constantly pursuing the best quality, the lowest cost, the most essential safety and the highest staff morale. In 2015, it completed 6 shields in more than 5 months. Machine production tasks, and in 2016 successfully completed the production of 4 sets of 8.6 meters large shields, the production cycle was shortened by half, creating a "miraculous miracle." Through vigorously advocating craftsmanship, the company pursues personalized customization and flexible production, increases variety, improves quality, creates brands, makes “Wuzhong Manufacturing†more temperature, and realizes a shift from product-centered to service-centered. In 2014-2016, it realized a total cost reduction and efficiency increase of 150 million yuan; the company recovered 145 million yuan in historical arrears and deflated inventory of 255 million yuan; the company significantly reduced losses year after year, and achieved profitability in 2016.
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