I. Overview of shipbuilding manufacturing industry

China has jumped to be a global ship market powerhouse, and the three major indicators of the shipbuilding manufacturing industry (shipbuilding completion volume, new orders received and handheld orders) are good. China's shipbuilding marine industry in the national government to provide revitalization needs (to help shipping enterprises fleet renewal), financial support and other policies, in recent years, the amount of new orders received and handheld orders are high, at present, China's shipbuilding marine industry is the goal of system integration from shipbuilding marine "big country" to shipbuilding marine At present, the goal of China's shipbuilding marine industry is to transform from shipbuilding marine "big country" to shipbuilding marine "strong country" through system integration, the international market share of marine devices exceeds 20%, and the localization rate of ship parts exceeds 80%.

According to the China Shipbuilding Industry Association data show that: January to May 2018, China's new ship orders and handheld orders continue to grow, shipbuilding completions narrowed, the key monitoring enterprises industrial output value and other major economic indicators fell year-on-year.

Related reports: Beijing Puhua Youce Information Consulting Co., Ltd. "Shipbuilding Equipment Supporting Industry Market Monitoring and Industry Investment Strategy Research Report

(A) the country's three major shipbuilding indicators two up and one down

January to May, the national shipbuilding completed 16.43 million deadweight tons, down 28.3% year-on-year. Received 19.68 million deadweight tons of new ship orders, up 99.6% year-on-year. 89.03 million deadweight tons of ship orders in hand at the end of May, up 7.5% year-on-year, up 2.1% from the end of 2017.

January to May, the national completion of export ships 15.48 million deadweight tons, down 28.2%; to undertake export ship orders 18.34 million deadweight tons, an increase of 108%; May the end of hand-held export ship orders 80.04 million deadweight tons, an increase of 1.5%. Export ships accounted for 94.2%, 93.2% and 89.9% of the national shipbuilding completion, new orders, handheld orders, respectively.

(B) key monitoring enterprise indicators

1, shipbuilding enterprises three major indicators two up and one down

1 to May, 53 key monitoring of shipbuilding enterprises shipbuilding completed 16.08 million deadweight tons, down 17.8% year-on-year. At the end of May, handheld ship orders of 86.75 million deadweight tons, an increase of 7.6%.

From January to May, 53 key monitoring shipbuilding enterprises completed export ships 15.12 million deadweight tons, down 18.7% year-on-year; take up export ship orders 17.85 million deadweight tons, up 127% year-on-year; at the end of May, handheld export ship orders 78.08 million deadweight tons, up 4.1% year-on-year. Export ships accounted for 94%, 93% and 90% of the completed volume of key shipbuilding enterprises, new orders received, handheld orders, respectively.

2, the total industrial output value fell year-on-year

January to May, the shipbuilding industry 80 key monitoring enterprises to complete the industrial output value of 131.2 billion yuan, down 11.9% year-on-year. Among them, shipbuilding output value of 55.6 billion yuan, down 17%; ship supporting output value of 9.5 billion yuan, up 5.6%; ship repair output value of 4.4 billion yuan, up 4.8%.

3, ship export output value fell year-on-year

From January to May, the shipbuilding industry 80 key monitoring enterprises to complete the export output value of 52 billion yuan, down 12.3% year-on-year. Among them, shipbuilding output value of 37 billion yuan, down 12.9%; ship supporting output value of 2.2 billion yuan, up 4.8%; ship repair output value of 3 billion yuan, up 11%.

4, enterprise economic benefits fell year-on-year

January to May, the shipbuilding industry 80 key monitoring enterprises to achieve the main business income of 87 billion yuan, down 21%; total profit of 500 million yuan, down 66%.

In recent years, although the shipbuilding industry by the international financial crisis deep-seated impact, receiving orders, delivery of difficult, difficult to profit, difficult financing and other problems still exist, the industry's economic benefits have declined, but China's shipbuilding industry to overcome the shipping market continued to recession, the international shipping market low shock, the global shipbuilding capacity and other difficulties, to achieve a further increase in industrial concentration, the transformation and upgrading of obvious results, intelligent manufacturing Breakthroughs, significant achievements in foreign cooperation, further improvement of the industry chain, mergers and acquisitions steadily promoted and other goals, comprehensive strength has been improved, the world's shipbuilding power status continues to consolidate.

Second, the shipbuilding equipment supporting industry industry profile

Ship equipment supporting industry refers to the production and manufacture of all ship equipment and devices other than the hull industry, mainly including power equipment, maneuvering equipment, loading and unloading equipment and safety equipment, etc., with the ship assembly industry, ship repair industry together to form a complete ship industry. The value of ship supporting products accounts for about two-thirds of the total value of the ship, ship supporting industry is an important part of the ship industry, but also an important factor affecting the development of the ship manufacturing industry.

From the loading rate level, China's supporting industry development has experienced "high development", "significant decline", "steady recovery" three stages.

High development: In the 1980s, China's ship supporting industry through the introduction of foreign ship supporting equipment production technology and national special vigorous support, basically to meet the needs of shipbuilding at the time, the loading rate of domestic equipment reached more than 80%;

Significant decline: "Ninth Five-Year Plan" period, the state of the shipbuilding industry more than 90% of the scientific and technological investment for the research and development of marine products, China's ship supporting industry lags behind the development of shipbuilding industry, supporting equipment localized ship loading rate fell to 30%2, including ship electrical, automation equipment is basically in a blank state, heavily dependent on imported products.

Steady rebound: "Eleventh Five-Year Plan" since, with the rapid development of the shipbuilding industry, supporting industry lags behind the development of shipbuilding industry is increasingly prominent, seriously restricting the development of China's shipbuilding industry. The country began to attach importance to and increase the investment in the ship supporting industry, especially the "Tenth Five-Year" late to "Eleventh Five-Year" early, the state has developed a "medium and long-term development plan of the shipbuilding industry", "ship supporting industry" Eleventh Five-Year The State has formulated the "Medium and Long-term Development Plan of Shipbuilding Industry", "Eleventh Five-Year Plan" and "Medium and Long-term Development Plan". Under the support and guidance of the series of policies, the localization of ship-assembled equipment loading rate steadily increased. And in the "Thirteenth Five-Year Plan", the country proposed that by 2020 high-tech ships, marine engineering equipment and key supporting equipment manufacturing capacity is significantly enhanced, enter the ranks of the world's advanced countries in the manufacture of marine engineering equipment, and become the world's major supporting equipment manufacturing countries. With the release of "Made in China 2025", by 2020 China stepped into the ranks of the world's shipbuilding power; built a more complete marine engineering equipment and high-tech ship design, assembly and construction, equipment supply, technical services industry system and standard specification system; major equipment design and manufacturing capacity in the world's forefront, the backbone of the international visibility of enterprises continue to improve; marine engineering equipment and high-tech ship independent design Construction equipment international market share reached 35% and 40% respectively. The introduction of this series of policies will promote the development of China's shipbuilding industry to the good.

Third, the ship equipment supporting market competition pattern

From the point of view of the competitive pattern of the ship supporting industry, the enterprises involved in the competition can be divided into three categories: international leading enterprises, domestic well-known enterprises, small and medium-sized private enterprises.

Leading international enterprises, such as Schneider, Siemens, ABB, Hyundai, Terasaki, etc., are in a dominant position in the market by virtue of their advanced technology, developed marketing and sales network and globalized after-sales service network, and occupy most of the market of China's export ships and offshore ship market.

Well-known domestic enterprises are recognized by leading international enterprises by virtue of their production scale and production technology advantages, and maintain cooperation and competition with them in the market. At the same time, they make full use of the international after-sales service networks of foreign enterprises to participate in the domestic export ship and offshore ship markets. With their technical and technological advantages, as well as fast, perfect, cost-effective and professional comprehensive technical services, the well-known domestic enterprises have won a wide market space. In addition, domestic well-known enterprises, especially those with R&D advantages and technical advantages, can also establish their corporate brand by virtue of the stable cooperative relationship established with downstream customers, thus laying the foundation for the sales of their own brand products and new products developed by them.

Small and medium-sized private enterprise production scale, the number of enterprises, product homogenization phenomenon is more serious, mainly to imitate the main market, participate in the market is mainly concentrated inland river ships, fishing boats, coastal small ships and other markets, facing fierce market competition and price war as the main means of competition.

Fourth, the domestic ship equipment supporting industry layout

From the geographical distribution, the main ship supporting equipment production enterprises to large shipbuilding base gathered the obvious trend, the formation of the Yangtze River Delta region, Chongqing Hubei region, the Bohai Sea region, the Pearl River Delta region four supporting clusters; from the competitive pattern, the basic formation of state-owned enterprises, private enterprises, joint ventures, common development, common competition industry pattern; from the product classification, the formation of Dalian, Shanghai In terms of product classification, the production bases of low-speed diesel engines, propellers, valves and ship electrical and automation systems are formed with Dalian, Shanghai, Qingdao, etc. as the center; the production bases of high and medium-speed diesel engines and generator sets are formed with Xi'an and Luoyang as the center; the production bases of marine machinery and small and medium-sized ship supporting equipment are formed with Nanjing as the center; the production bases of deck machinery, crankshafts and large forgings are formed with Wuhan as the center. Forgings as the leading product production base; Chongqing as the center of the diesel engine two supporting products, marine instrumentation table as the leading product production base.

V. Market prospect of marine equipment supporting industry

1, "Twelfth Five-Year Plan" and "Thirteenth Five-Year Plan" during the ship supporting industry ship loading rate will achieve cross-domain growth

The loading rate of domestic equipment is an important indicator to measure the degree of development of a country's ship supporting industry. Although the localization rate of China's ship supporting industry reached 54% in 2009, the ship loading rate of domestic ship electronic and electrical equipment was only 13.31%, and the ship loading rate of domestic ship automation system was only 1.66%, which shows that the production enterprises of China's ship supporting industry still have a large production scale and market space. Production scale and market space also has great potential for growth. With the "Thirteenth Five-Year Plan" and "Made in China 2025" and a series of documents and policies, China's domestic ship equipment loading rate will be further improved, the thirteenth five-year plan period, China's ship supporting industry will usher in important development opportunities.

2, offshore vessel market performance is bright, the ship market shows structural growth

The construction of a strong marine state is the inevitable requirement of China's current economic development. At present, China's economy has developed into a highly dependent on the sea export-oriented economy.

For many of the world's major trading nations, China relies on the degree of maritime trade is higher, the huge amount of maritime trade to rely on a strong maritime force to protect, it includes the maritime transport fleet, maritime resources development, maritime channel security and national foreign trade system, property and personnel security protection of naval forces and maritime law enforcement forces. At present, China on the one hand to strengthen the naval construction, increase the development of the main naval warfare equipment; on the other hand, increase the construction of maritime law enforcement forces. 2013 March to the National People's Congress for consideration of the State Council institutional reform program shows that China will reorganize the State Oceanic Administration, the sea surveillance, fisheries, anti-smuggling and marine police four law enforcement teams integrated into a new maritime law enforcement forces team. This move for marine strategy-related industries, especially marine law enforcement equipment, will undoubtedly usher in development opportunities. In recent years, fisheries, maritime surveillance, maritime, border defense, customs and other departments are constantly speeding up the construction of related ships, but still can not meet the millions of square kilometers of sea area law enforcement needs. Compared with Japan in East Asia, the number of law enforcement vessels per unit area configuration, China's maritime surveillance force is still a big gap with it. Therefore, in order to meet or approach the requirements of developed maritime countries for the configuration of official vessels, China will have a demand for thousands of official vessels in the future and needs to build more modern vessels. It is expected that during the "13th Five-Year Plan" period, China's business ship market will continue to maintain a fast growth rate, which will drive the growing market demand for electrical and automation for business ships.

In addition, offshore vessels become the focus of development, leading to a significant increase in demand for marine equipment and related accessories for offshore vessels. With the active oil and gas development, drilling platform market, floating production platform market continues to thrive, will alleviate the problem of low utilization of offshore engineering vessels, which will form a strong support for the offshore engineering ship market; Secondly, with the development of offshore oil and gas to deep water, do not adapt to the needs of the old ship will be accelerated out. During the "13th Five-Year Plan" period, the demand for replacement equipment brought about by oilfield development projects will continue to rise.

3, China will continue to undertake the transfer of the world's shipbuilding industry, the domestic shipbuilding industry long-term growth trend remains unchanged

From the perspective of the competitive pattern of the future development of the world shipbuilding industry, China's labor force, raw materials, coastline and other advantages still exist, the world shipbuilding manufacturing industry will continue to transfer to China. In recent years, China's shipbuilding manufacturing industry to adapt to the changes in the market, adjusting the structure, the pace of transformation significantly accelerated. First, the development of high-end ship type, undertake, delivery or to achieve an increase in the number, or to achieve a breakthrough development; Second, the technical strength of large enterprises have increased in the development of offshore engineering equipment.

At present, the world ship market is still in a slow recovery period, but with the deepening of economic globalization and international trade, the world ship demand in the fluctuation of the rising trend will gradually enhance; and with the continuous innovation in science and technology, energy saving and environmental protection awareness, the value added of new ships, technology content continues to improve, ship types continue to optimize, ship supporting industry demand, especially the long-term growth trend of ship equipment demand Will not change.