Screw Locking Tangless Insert,Tangless Screw-Locking Inserts,Key-Locking Screw Thread Inserts,Tangless Screw Locking Coil Threaded Insert Shenyang Helisert Technology Co., Ltd , https://www.helisert.com
**Abstract**
The machine tool industry, which has experienced a downturn over the past two years, had high hopes for market improvement in 2013. The entire sector was eager to see how companies would perform. However, more than half a year has passed, and the semi-annual reports of listed machine tool companies were finally released at the end of August. Unfortunately, the first half of 2013 did not bring the expected recovery. Many listed companies continued to struggle, with some even reporting losses.
**Performance Losses Increase Future Development is Hard to Predict**
Over the past two years, performance losses have gradually replaced declining profits, becoming a new reality for the machine tool industry. Kunming Machine Tool, which released its first-half report on August 30, reported a net profit of approximately -43.61 million yuan for the first half of 2013, compared to about 3.59 million yuan in the same period last year. This represents a sharp decline of 1313.91%. The company attributed this drop to a market downturn, fierce competition, and reduced operating income due to shrinking production and sales volumes, which led to lower gross margins.
Kunming Machine Tool also noted that the domestic machine tool industry followed the trend from 2012, with a significant drop in demand for low-end products, continued price declines in mid-range products, and an increase in the import of high-end CNC machines. This mismatch between product structure and market demand intensified competition.
Other companies, such as Qinghai Huading, Huadong CNC, and Qinchuan Development, faced similar challenges. Qinghai Huading reported a net loss of about -12.37 million yuan for the first half of 2013, up from -10.14 million yuan in the same period last year. Huadong CNC recorded a net loss of -29.18 million yuan, a dramatic increase from -7.65 million yuan. Qinchuan Development suffered a massive drop, with a net loss of -364 million yuan, compared to a profit of 8.33 million yuan in the previous year.
These losses have disappointed many investors, who are now questioning whether the industry will recover anytime soon. Although some companies expressed confidence in future development, many remain anxious, waiting for signs of improvement.
**The Decline in Performance is Still Expected by Listed Companies**
While many companies struggled, some managed to maintain profitability. Shenyang Machine Tool, one of the leading players in the industry, reported a net profit of about 10.25 million yuan for the first half of 2013, down from 53.27 million yuan in the same period last year—a decrease of 80.75%. Despite the drop, it still managed to stay profitable, offering some relief to investors.
Shenyang Machine Tool also made significant progress in improving its core competitiveness. It developed several new CNC machines based on national science and technology projects and overseas R&D centers. Products like ASCAMILL and ASCARAPID showcased a new model of German technology combined with Chinese manufacturing and global sales. Additionally, the company expanded its services beyond selling machines, offering financial services, remanufacturing, and industrial design.
Huazhong CNC, despite a 79.6% drop in net profit, focused on strengthening partnerships with key manufacturers and expanding into high-end markets. Nantong Technology and Nantong Forging also reported declines but emphasized their strategies for restructuring and innovation. Fain NC and Yawei, while experiencing smaller drops, highlighted their efforts to improve efficiency and explore new markets.
Overall, although the industry faces significant challenges, most companies remain optimistic about long-term growth. They believe that large-scale industrial upgrades and technological transformations will create new opportunities in the future. With continued investment in R&D and strategic adjustments, the machine tool sector is expected to eventually rebound.
The [Screw-Locking" tangless insert provides self-locking torque on the male member by a series of [chords" on one or more of the insert coils. With tangless inserts, no loose tangs are left behind, and they are the solution when foreign object debris (FOD) cannot be present in critical applications.