1. 70 years of brilliant performance in the rubber industry
2019 is the 70th anniversary of the founding of the People's Republic of China. Over the past 70 years, China's rubber industry has adhered to technological progress and innovative development, and has made tremendous changes. It has built a complete industrial system during the planned economy period. After reform and opening up, it has achieved technological progress, product updates, and unconventional development, and has grown into the world's first rubber. Industrial power. Especially since the new century, China's rubber industry has changed from quantitative change to qualitative change, and is moving towards becoming a rubber industry powerhouse. Among them, the "10th Five-Year Plan" to "11th Five-Year Plan" period is the fastest growing 10 years in China's rubber industry. At the same time, the product structure has been rapidly adjusted and optimized. Compared with 2005, the total output value of the rubber industry in 2010 increased by 178%, with an average annual growth rate. 36%, completed the sprint to the big rubber country; during the "Twelfth Five-Year Plan" period, the industry development entered an important period of transition from the old model to the new model; during the "Thirteenth Five-Year Plan" period, the pursuit and promotion of high-quality development became the theme. Intelligent manufacturing featuring digitalization, networking, and intelligence has become a new force. Advantaged companies have seized the opportunity to adjust their layout, "going out" to enhance global competitiveness, and green development and environmental protection have become the consensus of the industry. The development of China's rubber industry has always been linked to the destiny of the country. It has gone through a period of hard work, solidarity, and perseverance.
2. Great achievements in scientific research, innovation and green development
Innovation and green development have been more valued by rubber companies. The investment in science and technology has continued to increase. New product development and testing methods have become increasingly complete. Scientific research and development have evolved from imitation to joint independent innovation. In 2019, seven achievements completed by universities and enterprises such as Qingdao University of Science and Technology, Triangle Tire, Sailun Group, and China Rubber Group won the National Petroleum and Chemical Technology Progress Award. Linglong Tire won the "China Industrial Award"; the construction of the high-speed runway of the Asia ’s largest tire test field, the Central Asia Tire Test Field, was completed. The maximum inclination angle of the runway surface was 49 ° 39 ′, which is currently the largest asphalt concrete high-speed inclination angle in the global test field. track. A total of 21 enterprises have passed the evaluation of the National Enterprise Technology Center, including Julun Intelligent Equipment, Pullin Chengshan, Linglong Tire, Jinan Shengquan, Shandong Daon, Double Star Group, Triangle Group, Shandong Haomai, Jinneng Technology, Yantai Taihe New Materials, Soft Kong shares, Shenma Industrial, Yiyang Rubber & Plastics, Anhui Jiatong, Tianjin Saixiang, Guilin Rubber Machinery, Shuangqian Tire, Guizhou Tire, Fengshen Tire, Wanli Tire, Jiangsu Xingda, etc. Ten companies in Anhui Shengao, Xiamen Zhengxin Industrial, Xiamen Zhengxin Haiyan, Shuangqin (Chongqing), Qingdao Senqilin, Yanggu Huatai, Shandong Daun, Cabot (Tianjin), Nanjing Leader Oriental, Hankook Tire, etc. The company was rated as the fourth batch of green factories by the Ministry of Industry and Information Technology. 15 products / series from Sailun, Fengshen, Wanli, Shuangqian, Shuangxing, Xiamen Zhengxin, Qingdao Senqilin and other companies became "green design products".
3. Adhering to standards to achieve transformation and upgrading
The China Rubber Industry Association always adheres to the market demand-oriented, and actively promotes the preparation and implementation of the association standards around the industry structure adjustment and green development. In 2019, published the `` Emission Standards for Air Pollutants of the Shoe Industry '', `` Semi-steel one-time mechanical forming drums '', `` Tyre mold spring air jackets '', `` Pre-vulcanized retread tread molds '', `` TBM corrugated flange conveyor belts '', `` TBM fabric cores '' Nine standards including Conveyor Belt, Burning Resistant Metal Core Conveyor Belt, Automotive Cooling Water Pipe, and Parking Wedge. The formulation of these standards has played a positive role in promoting the adjustment of the industry structure and green transformation and upgrading. In addition, the two group standards of "Abrasion-Resistant Fabric Whole Core Flame Retardant Conveyor Belt" and "Technical Specifications for Evaluation of Green Design Products for Automobile Tires" have been awarded by the Ministry of Industry and Information Technology as one of the top 100 group standard demonstration projects in 2019.
4. International trade friction situation is grim
In 2019, China's rubber industry is facing a severe international trade environment. First, the Sino-US trade war is volatile. Almost all rubber products are included in the list of US trade sanctions against China. The second is the severe situation of international trade friction. On February 15th, the United States formally imposed a "double-reverse" tax on Huaka passenger car tires, with a combined deposit tax rate of 23.81% to 66.17%; in October, the third annual administrative review of the "double-reverse" of passenger and light truck tires in China Cut. In June, India imposed a five-year countervailing duty on radial tires for China's new trucks and buses. In July, Brazil made the second anti-dumping sunset review of Chinese automobile tires, and the tax code of the product in question was 4011.10.00. In November, it was issued for the products originally produced in Taiwan, South Africa, Japan, South Korea, Russia and Thailand. Passenger tires initiated the first anti-dumping sunset review review investigation. The tax code of the product in question was 4012.10.90; in December, the first anti-dumping sunset review of motorcycle tires originating in mainland China, Thailand, and Vietnam was affirmed. Sexual ruling. In October, Egypt decided to launch an anti-dumping investigation on truck and bus tires originating in China, Thailand, India and Indonesia. To this end, the China Rubber Industry Association has organized enterprises to actively respond, and has completed the European Union's collection of enterprise anti-dumping appeals against truck and bus tires. It has filed a class action lawsuit on behalf of tire export enterprises in the European Court of Justice; Damage defense.
5. Rubber companies continue to build overseas factories
Affected by foreign trade frictions and the need for the international strategic layout of rubber companies, the popularity of Chinese rubber companies overseas in 2019 has not diminished. In Southeast Asia, Purin Chengshan invested 170 million yuan to build a new plant in Thailand with green smart tire factory standards; Senqilin announced plans to build another smart factory to bring the total annual production capacity of its Thai plant to 18 million; in June, Xindi Tire started construction in Malaysia-China's Kuantan Industrial Park with an annual output of 6.5 million tires. In September, Xingda Steel Cord (Thailand) Co., Ltd. with a total investment of 1 billion yuan was officially opened, mainly producing steel cord products for automotive tires. Designed annual production capacity of 100,000 tons; In November, ACTR Tire Company, a joint venture established by Sailun Group and Cooper, opened in Xining Province, Vietnam; in December, the construction of the Guizhou Tire Vietnam factory was officially started, with a designed annual production capacity of 1.2 million high-performance Intelligent all-steel tires; General Motors invested 300 million U.S. dollars in the first overseas plant in Thailand to go offline. In the countries along the “Belt and Road”, Longdao-Boot started construction of the Abu Dhabi tire project in January; in March, Linglong Tire officially started construction of the Serbian plant to build 13.62 million high-performance radial tires; in November, Chaoyang Langma and Pakistan Weiss Industrial Corporation signed a joint venture agreement to produce all-steel radial tires for trucks and buses in Pakistan; Shuangxing Group signed a joint venture agreement with Pakistan MSD Tire Rubber Company and Daewoo Pakistan Bus Services Co., Ltd. to build a 7 million radial tire factory in Pakistan.
6. Digital network empowers high-quality development
With the development of information technology of "cloud, big data, and intelligence" (cloud computing, big data, Internet of Things, mobile Internet, artificial intelligence), more and more rubber companies are actively "borrowing the cloud to increase intelligence" and move to high-end products and industrial chains. March. Zhongce Rubber uses Internet tools such as big data, cloud computing, and AI intelligent manufacturing to serialize and integrate data into the Zhongce industrial ecosystem chain system to improve efficiency; Linglong Tire signed a three-party strategic cooperation agreement with Tencent Cloud and China Intelligent, and passed the " "Smart Manufacturing + Cloud Services", starting a new era of intelligent manufacturing and marketing of Linglong Tire; Sailun Group and China Telecom established the first 5G Industrial Internet Lab in the tire industry; Sailun Group's "5G Technology-based Industrial Internet Pilot Demonstration Project in the Rubber Tire Industry" "Qingdao Shuangxing's" 5G-based smart tire full-flow 'cloud' project "was shortlisted in the 5G pilot demonstration list in Shandong Province; Purin Chengshan established a new energy vehicle collaborative research laboratory for greening, dataization, and intelligentization, and tire assembly China's first "5G + Intelligent Driving" project and completed the world's first 5G intelligent operation in the port area; Wanda Baotong builds a digital platform for the distribution system to enhance competitiveness; Baotong Technology initiates the establishment of "Industrial Bulk Material Transport Digital Industry Technology Innovation" Alliance "to build a digital ecosystem and realize full-stack intelligent delivery Turnkey services; Soft Control has launched a big data intelligent application platform for rubber equipment that integrates data analysis, modeling, mining, and forecasting.
7. Acquisitions and reorganizations are booming
The most noticeable equity transactions in 2019 were the investment of 8 companies including Juxing Technology, Hangcha Group and Tongcheng New Materials, buying the shares held by the shareholders of Zhongce Rubber Group, and acquiring 57.11% of the equity of Zhongce Rubber. At the end of September, Hangcha Group and Juxing Technology issued an announcement at the same time, increasing capital to the holding platform Zhongce Haichao, acquiring 46.95% equity of Zhongce Rubber, and acquiring a controlling stake in Zhongce Rubber. In October, shareholders and senior management of Zhongce Rubber Complete the change. In addition, Shuangxing Tire signed a framework agreement to restructure Shandong Hengyu Technology and invested 899 million yuan to acquire Hengyu Technology; Shandong Huasheng acquired 40 million yuan each of Hengyu Technology and Guofeng Rubber Plastics at the beginning of the year. Shandong Huasheng's Shandong Haidede Rubber Co., Ltd. invested 254 million yuan to complete the acquisition of Yongtai Group; Yongsheng Rubber invested to purchase the old Hengyu Rubber Factory; Shandong Guopeng Rubber was auctioned as a whole with a turnover of 117 million yuan. With the further acceleration of enterprise integration, enterprise resources are expected to be more reasonably allocated, and the ecology of the entire industry will also develop to a healthier model.
8. A batch of intelligent projects started and completed
In 2019, the rubber industry has completed a number of intelligent projects. In March, Shuangxing Group completed the world's first green ecological recycling “Industry 4.0” intelligent factory for waste rubber. In June, the first phase of the Shengao Chemical Intelligent Production Management Execution System (MES) project was successfully completed at the Tongling Plant in Anhui, and the Anhui Shengao Plant achieved the improvement of "production intelligence". In October, the dual-industrial Dongfeng tire "Industry 4.0" intelligent factory was trial-produced, and the dual-star Hubei Yixeda waste rubber green ecological industrialization "Industry 4.0" project started. In December, Hubei Linglong's high-standard truck and bus tire project was put into production, which effectively promoted Linglong's transformation to intelligent production and high-end products. The first tire of GM's intelligent all-steel tire project with an annual output of 1.2 million was successfully rolled out. The project aims to build an industrial 4.0 model factory based on automation, information technology and greening. Purin Chengshan built an intelligent workshop with an annual output of 1.2 million all-steel tires in accordance with the Industry 4.0 standard. It adopts internationally leading MES systems and intelligent equipment, and realizes the upgrade from manual logistics operations to all automated operations. Guizhou tires with an annual output of 26,000 all-steel small and medium-sized engineering tires and 4,968 all-steel giant engineering radial tire intelligent projects started in November and December, respectively. In addition, two major intelligent projects in the field of engineering rubber started on October 9, respectively: Fengze Intelligent Equipment invested 130 million yuan in a digital intelligent manufacturing workshop project, and Hengshui Railway Engineering Rubber invested 300 million yuan in a smart manufacturing plant project.
9. Two-level differentiation of rubber enterprises is intensifying
Affected by the Sino-US trade war, the decline in automobile production and sales, the tightening of national environmental protection policies, rising costs, and economic structural adjustments, the development of the rubber industry has encountered unprecedented challenges, and the phenomenon of two-level differentiation among enterprises has further intensified, and a strong and strong trend has emerged. According to a statistical survey by the China Rubber Industry Association, the total national tire output in 2019 is expected to be 642 million, a year-on-year decrease of 0.92%. However, for overseas companies, the output of tires at overseas factories increased by 14% and sales revenue increased by 53% in the first 11 months, and the total realized profits accounted for 41% of the total profits of the statistical enterprises. The industries such as bicycle tires, hose tapes, rubber products, and tire molds have affected the industry statistics due to the sales and profits of a few companies. This development trend will also promote the innovation drive of rubber companies, attach importance to brand cultivation, and realize green transformation and upgrading.
10. Large fluctuations in the raw material market
In 2019, the natural rubber market has been in turbulence. The price has risen and fallen several times. The highest price is 12290 yuan / ton on December 6, and the lowest price is 10260 yuan / ton on August 2. The largest annual price. The amplitude is 19.79%. Due to the continued slump in rubber prices, increased market risks, and irregular trading methods, the black swan incident that occurred in September at the main rubber trader Chongqing Trading Company caused a huge impact on the upstream and downstream markets of natural rubber at home and abroad. The monthly output of rubber auxiliaries fluctuates greatly, forming a V-shaped trend, and the market price also fluctuates with output fluctuations. According to the statistics of the China Rubber Association, the average price of rubber auxiliaries in the first 10 months dropped from 18,600 yuan / ton to 14,500 yuan / ton. , The lowest in 3 years. Affected by market supply and demand and environmental protection policies, as well as product sales prices and raw material oil prices upside down, the carbon black market continued its downward trend in the fourth quarter of last year, and industry profits have shrunk sharply. The China Rubber Association ’s statistics in the first three quarters showed a significant year-on-year decline of 93.19%. Revenues and profits of listed companies have fallen sharply.