China's top 100 electronics and IT enterprises for 2005

            BEIJING – The Ministry of Information Industry has issued a list of the top 100 electronics and IT enterprises for 2005. 

 

1. Haier

Business revenue: 101,628.93 million yuan

Total profit: 1,819.43 million yuan

Total amount delivered for export: 8,434.13 million yuan

R&D expenditure: 4,359.90 million yuan

Total investment in IT technology: 89 million yuan

Main products: Color TV, refrigerator, freezer, air conditioner, washing machine, mobile phone and computer.

2. BOE

Business revenue: 45,106.57 million yuan

Total profit: 1,305.95 million yuan

Total amount delivered for export: 4,658.13 million yuan

R&D expenditure: 770.73 million yuan

Total investment in IT technology: 42.21 million yuan

Main products: LCD monitor, CRT and Color CRT monitor

3. TCL

Business revenue: 42,087.62 million yuan

Total profit: 580.02 million yuan

Total amount delivered for export: 6,224.14 million yuan

R&D expenditure: 1,410 million yuan

Total investment in IT technology: 191.42 million yuan

Main products: Color TV, mobile phone, computer and air condition

4. Lenovo

Business revenue: 41,922.45 million yuan

Total profit: 1,481.29 million yuan

Total amount delivered for export: 581.33 million yuan

R&D expenditure: 1,175.55 million yuan

Total investment in IT technology: 47 million yuan

Main products: Computer and printer

5. SMG

Business revenue: 34,023.54 million yuan

Total profit: 1,441.94 million yuan

Total amount delivered for export: 15,830.78 million yuan

R&D expenditure: 1,180.17 million yuan

Total investment in IT technology: 182.42 million yuan

Main products: Mobile phone, Color TV and CRT

6. Huawei

Business revenue: 31,521.26 million yuan

Total profit: 5,023.24 million yuan

Total amount delivered for export: 8,553 million yuan

R&D expenditure: 3,970.32 million yuan

Total investment in IT technology: 0 yuan

Main products: Stored program controlled switching system and telecom transmission device

7. Midea

Business revenue: 30,047.32 million yuan

Total profit: 553.92 million yuan

Total amount delivered for export: 8,928.07 million yuan

R&D expenditure: 892.90 million yuan

Total investment in IT technology: 85 million yuan

Main products: Air condition, microwave oven and small household electronic appliance

8. Panda

Business revenue: 28,003.88 million yuan

Total profit: 771.38 million yuan

Total amount delivered for export: 9,044.16 million yuan

R&D expenditure: 331.17 million yuan

Total investment in IT technology: 18.5 million yuan

Main products: mobile phone, wireless communication base station, stored program controlled switching system and color TV

9. Hisense

Business revenue: 27,293.19 million yuan

Total profit: 432.62 million yuan

Total amount delivered for export: 4,031.24 million yuan

R&D expenditure: 1,240.13 million yuan

Total investment in IT technology: 102 million yuan

Main products: Color TV, air condition, refrigerator and Stored program controlled switching system

10. ZTE

Business revenue: 22,698.15 million yuan

Total profit: 1,418.82 million yuan

Total amount delivered for export: 6,376.32 million yuan

R&D expenditure: 2,251.67 million yuan

Total investment in IT technology: 0 yuan

Main products: Stored program controlled switching system, Little Smart and mobile phone

11. FOUNDER

Business revenue: 22,245.99 million yuan

Total profit: 860.2 million yuan

Total amount delivered for export: 636.29 million yuan

R&D expenditure: 1145 million yuan

Total investment in IT technology: 65 million yuan

Main products: Electronic publishing system, computer, scanner and printer

12. Shenzhen Huaqiang Holdings Ltd.

Business revenue: 14,727.03 million yuan

Total profit: 345.04 million yuan

Total amount delivered for export: 11,110.82636.29 million yuan

R&D expenditure: 515.25 million yuan

Total investment in IT technology: 7.6 million yuan

Main products: Laser acoustical pick-up, micro motor, color TV and GPS vehicular terminal

13. KONKA

Business revenue: 13,362.520 million yuan

Total profit: 170.74 million yuan

Total amount delivered for export: 1,252.57 million yuan

R&D expenditure: 689.63 million yuan

Total investment in IT technology: 25.1 million yuan

Main products: Color TV, mobile phone, little smart and refrigerator

14. The Great Wall

Business revenue: 12,689.84 million yuan

Total profit: 215.46 million yuan

Total amount delivered for export: 9,970.58 million yuan

R&D expenditure: 167.12 million yuan

Total investment in IT technology: 0 yuan

Main products: Computer, magnetic head for computer, harddisk and monitor

15. Skyworth

Business revenue: 12,366.54 million yuan

Total profit: 120.39 million yuan

Total amount delivered for export: 1,581.72 million yuan

R&D expenditure: 419.78 million yuan

Total investment in IT technology: 10.25million yuan

Main products: Color TV, laser videodisk player and set top box

16. Alcatel-Bell

Business revenue: 11,295.74 million yuan

Total profit: 899.99 million yuan

Total amount delivered for export: 3,403.69 million yuan

R&D expenditure: 823.81 million yuan

Total investment in IT technology: 123.16 million yuan

Main products: Digital stored program controlled switching system, ADSL, mobile telecom base station and transmission equipment

17. Langchao Group

Business revenue: 10,587.96 million yuan

Total profit: 224.39 million yuan

Total amount delivered for export: 278.78 million yuan

R&D expenditure: 516.39 million yuan

Total investment in IT technology: 64.17 million yuan

Main products: Computer, server, mobile phone, software and system integration

18. Guangzhou Wanbao

Business revenue: 10,355.28 million yuan

Total profit: 618.23 million yuan

Total amount delivered for export: 3,181.7million yuan

R&D expenditure: 120 million yuan

Total investment in IT technology: 20 million yuan

Main products: Household air condition, refrigerator, refrigerator compressor, air condition compressor and small household electronic appliance

19. Galanz

Business revenue: 10,329.93 million yuan

Total profit: 222.48 million yuan

Total amount delivered for export: 4,790.12 million yuan

R&D expenditure: 154.95 million yuan

Total investment in IT technology: 4.53 million yuan

Main products: Microwave oven, air condition and small household electronic appliance

20. Desay

Business revenue: 10,255.24 million yuan

Total profit: 427.65 million yuan

Total amount delivered for export: 6,701.59 million yuan

R&D expenditure: 482 million yuan

Total investment in IT technology: 25.12 million yuan

Main products: Telephone, laser videodisk player, vehicular multimedia terminal, battery, laser head and core.  

 

21. Bird

Business revenue: 10,245.99 million yuan

Total profit: 258.37 million yuan

Total amount delivered for export: 2054.34 million yuan

R&D expenditure: 523.07 million yuan

Total investment in IT technology: 16.94 million yuan

Main products: Mobile phone

22. Holley Holdings Ltd.

Business revenue: 10,049.69 million yuan

Total profit: 633.67 million yuan

Total amount delivered for export: 766.54 million yuan

R&D expenditure: 179.04 million yuan

Total investment in IT technology: 10.62 million yuan

Main products: Watt-hour meter, multiple-tariff meter, copper foil board, chip for mobile phone, module for mobile phone and testing terminal for mobile phone

23. Dalian Daxian Group

Business revenue: 9,137.64 million yuan

Total profit: 33.17 million yuan

Total amount delivered for export: 525.83 million yuan

R&D expenditure: 386.81 million yuan

Total investment in IT technology: 13.69 million yuan

Main products: parts of electron gun of CRT, potentiometer, multiplayer wiring board and mobile phone

24. Foryou Group

Business revenue: 8,513.24 million yuan

Total profit: 436.43 million yuan

Total amount delivered for export: 6,084.30 million yuan

R&D expenditure: 27.52 million yuan

Total investment in IT technology: 13.21 million yuan

Main products: vehicular sounder, vehicular/household sounder core, laser head, precision punching and loudhailer

25. Tsinghua Tongfang Group

Business revenue: 8,323.56 million yuan

Total profit: 231.37 million yuan

Total amount delivered for export: 523.67 million yuan

R&D expenditure: 486.95 million yuan

Total investment in IT technology: 10.45 million yuan

Main products: Computer, series of nuclear technology checking products, laser videodisk player and chip component

26. Henan Ancai Hi-tech Co., Ltd.

Business revenue: 8,168.35 million yuan

Total profit: 508.68 million yuan

Total amount delivered for export: 1,151.02 million yuan

R&D expenditure: 201.88 million yuan

Total investment in IT technology: 59.44 million yuan

Main products: Glass bulb of CRT, telecom product and storage cell

27. AUCMA

Business revenue: 7,470.66 million yuan

Total profit: 96.08 million yuan

Total amount delivered for export: 493 million yuan

R&D expenditure: 394.6 million yuan

Total investment in IT technology: 1.93 million yuan

Main products: Li-ion cell, slot machine, freezer, refrigerator, air condition, electric vehicle

28. SEG

Business revenue: 7,399.37 million yuan

Total profit: 547.31 million yuan

Total amount delivered for export: 3,057.50 million yuan

R&D expenditure: 15.80 million yuan

Total investment in IT technology: 5.38 million yuan

Main products: CRT, glass bulb of CRT, IC, semi-conductor discrete device

29. Xoceco

Business revenue: 7,341.08 million yuan

Total profit: 69.82 million yuan

Total amount delivered for export: 1,739.46 million yuan

R&D expenditure: 197.2 million yuan

Total investment in IT technology: 25 million yuan

Main products: Color TV, digital multimedia product, fax

30. Shinco

Business revenue: 7,289.96 million yuan

Total profit: 139.99 million yuan

Total amount delivered for export: 4,759.67 million yuan

R&D expenditure: 158.68 million yuan

Total investment in IT technology: 8.5 million yuan

Main products: Household electronic product, vehicular electronic product, air condition, LCD color TV

31. Feilo

Business revenue: 7,126.90 million yuan

Total profit: 951,72 million yuan

Total amount delivered for export: 2,718.17 million yuan

R&D expenditure: 282.43 million yuan

Total investment in IT technology: 52.67 million yuan

Main products: Wiring system, vehicular electronic product, electronic material, spectrophotometer, analytical instrument, electronic measuring device

32. COSUN

Business revenue: 7,084.60 million yuan

Total profit: 317.24 million yuan

Total amount delivered for export: 318.65 million yuan

R&D expenditure: 30.81 million yuan

Total investment in IT technology: 12.47 million yuan

Main products: Telephone, mobile phone, fax, language learner and walke-talkie

33. SED

Business revenue: 6,950.34 million yuan

Total profit: 92.75 million yuan

Total amount delivered for export: 2,999.08 million yuan

R&D expenditure: 13.92 million yuan

Total investment in IT technology: 10.60 million yuan

Main products: Mobile phone, line output transformer, module power supply and business receiver

34. IRICO

Business revenue: 6,780.00 million yuan

Total profit: 674.00 million yuan

Total amount delivered for export: 1,144.04 million yuan

R&D expenditure: 456.89 million yuan

Total investment in IT technology: 3.56 million yuan

Main products: CRT

35. Huadong Electronics

Business revenue: 6,449.77 million yuan

Total profit: 389.87 million yuan

Total amount delivered for export: 1,506.94 million yuan

R&D expenditure: 251.25 million yuan

Total investment in IT technology: 600,000 yuan

Main products: CRT, flat-plate shadow mask, air condition and fluorescent lamp

36. BYD

Business revenue: 6,400.00 million yuan

Total profit: 1,152.41 million yuan

Total amount delivered for export: 4,100.00 million yuan

R&D expenditure: 192 million yuan

Total investment in IT technology: 12.6 million yuan

Main products: Ni-Cd cell, Ni-H cell, Li-ion Cell, vehicle and LCD monitor

37. XJ Group

Business revenue: 5,192.21 million yuan

Total profit: 382.63 million yuan

Total amount delivered for export: 31.89 million yuan

R&D expenditure: 321.96 million yuan

Total investment in IT technology: 5.3 million yuan

Main products: Automatic system for electric power industry, automatic control system for private use and transceivers

38. Amoisonic

Business revenue: 5,082.50 million yuan

Total profit: 81.88 million yuan

Total amount delivered for export: 533.84 million yuan

R&D expenditure: 292.47 million yuan

Total investment in IT technology: 10.6 million yuan

Main products: Mobile phone, laser videodisk player, laptop and LCD color TV

39. ETERN

Business revenue: 5,022.51 million yuan

Total profit: 322.47 million yuan

Total amount delivered for export: 62.08 million yuan

R&D expenditure: 114.13 million yuan

Total investment in IT technology: 6.17 million yuan

Main products: Telecom electric cable, telecom optical cable, power optical cable, video electric cable and optical component

40. Huahong Group

Business revenue: 4,807.87 million yuan

Total profit: 82.18 million yuan

Total amount delivered for export: 2,121.02 million yuan

R&D expenditure: 319.58 million yuan

Total investment in IT technology: 25.51 million yuan

Main products: Large scale IC, midsize and small scale IC and IC card       

 

61. WRI

Business revenue: 2,543.52 million yuan

Total profit: 56 million yuan

Total amount delivered for export: 28.94 million yuan

R&D expenditure: 119.48 million yuan

Total investment in IT technology: 6.61 million yuan

Main products: Telecom device, optical fiber, optical cable and electric cable, optical component

62. JVC

Business revenue: 2,485.57 million yuan

Total profit: 20.51 million yuan

Total amount delivered for export: 2,144.73 million yuan

R&D expenditure: 0 yuan

Total investment in IT technology: 1.44 million yuan

Main products: CD-writer, video tape recorder and LCD color TV

63. ZTT

Business revenue: 2,475.00 million yuan

Total profit: 240.00 million yuan

Total amount delivered for export: 12.00 million yuan

R&D expenditure: 115.50 million yuan

Total investment in IT technology: 4 million yuan

Main products: Optical fiber, specific optical cable, ordinary optical cable and lead

64. Shanghai Jinling Co., Ltd.

Business revenue: 2,468.09 million yuan

Total profit: 243.35 million yuan

Total amount delivered for export: 820.07 million yuan

R&D expenditure: 77.60 million yuan

Total investment in IT technology: 25.20 million yuan

Main products: Electronic component, software, network product and project, watt-hour meter and motor

65. Neusoft

Business revenue: 2,439.84 million yuan

Total profit: 501.36 million yuan

Total amount delivered for export: 248.31 million yuan

R&D expenditure: 383.59 million yuan

Total investment in IT technology: 0 yuan

Main products: Software and system integration, digital medical apparatus

66. HEDY

Business revenue: 2,353.86 million yuan

Total profit: 80.67 million yuan

Total amount delivered for export: 26.60 million yuan

R&D expenditure: 7.35 million yuan

Total investment in IT technology: 5.10 million yuan

Main products: Computer and the peripheral equipment, laptop

67. Feilo Accoustics

Business revenue: 2,199.65 million yuan

Total profit: 169.65 million yuan

Total amount delivered for export: 531.05 million yuan

R&D expenditure: 31.85 million yuan

Total investment in IT technology: 1.73 million yuan

Main products: IC card, micro module, lighting, software and deflecting coil

68. SIC

Business revenue: 2,194.86 million yuan

Total profit: 116.56 million yuan

Total amount delivered for export: 162.68 million yuan

R&D expenditure: 29.81 million yuan

Total investment in IT technology: 1.5 million yuan

Main products: Industrial automatic meters and controlling system, thick-film IC, copper-based compound material, optical instrument

69. Yangtze Optical Fibre and Cable Co., Ltd.

Business revenue: 2,187.78 million yuan

Total profit: 65.30 million yuan

Total amount delivered for export: 147.23 million yuan

R&D expenditure: 6.94 million yuan

Total investment in IT technology: 0 yuan

Main products: Telecom optical fiber and telecom optical cable

70. Westlake Electronics Group

Business revenue: 2,148.58 million yuan

Total profit: 52.21 million yuan

Total amount delivered for export: 965.31 million yuan

R&D expenditure: 39.45 million yuan

Total investment in IT technology: 27.82 million yuan

Main products: Color TV, mobile phone, repeater and monitor

71. Xianyang Pianzhuan Group

Business revenue: 2,144.13 million yuan

Total profit: 31.16 million yuan

Total amount delivered for export: 1,000.92 million yuan

R&D expenditure: 64.50 million yuan

Total investment in IT technology: 19.35 million yuan

Main products: Deflecting coil, monitor and Lithium cell

72. China Resources Microelectronics (Holdings) Ltd.

Business revenue: 2,107.73 million yuan

Total profit: 356.66 million yuan

Total amount delivered for export: 492.74 million yuan

R&D expenditure: 93.94 million yuan

Total investment in IT technology: 33.68 million yuan

Main products: IC and discrete component

73. Aero-Info

Business revenue: 2,027.15 million yuan

Total profit: 290.56 million yuan

Total amount delivered for export: 0 yuan

R&D expenditure: 41.09 million yuan

Total investment in IT technology: 10.80 million yuan

Main products: Anti-fake taxation controlling system, IC card and IC card reader

74. China Zhenhua (Group) Science & Technology Co., Ltd.

Business revenue: 1,952.21 million yuan

Total profit: 65.35 million yuan

Total amount delivered for export: 525.06 million yuan

R&D expenditure: 19.27 million yuan

Total investment in IT technology: 3.04 million yuan

Main products: Mobile phone, telephone, component and IC

75. Jiangxi Provincial Electronics and Information Group

Business revenue: 1,894.70 million yuan

Total profit: 62.36 million yuan

Total amount delivered for export: 407.76 million yuan

R&D expenditure: 100 million yuan

Total investment in IT technology: 3.5 million yuan

Main products: LED chip, electronic component, semiconductor discrete component and computer

76. Hualun Group

Business revenue: 1,883.70 million yuan

Total profit: 65.84 million yuan

Total amount delivered for export: 0 yuan

R&D expenditure: 47.42 million yuan

Total investment in IT technology: 1.35 million yuan

Main products: Telecom electric cable, optical cable and optical fiber

77. Jiuzhou Group

Business revenue: 1,864.74 million yuan

Total profit: 153.71 million yuan

Total amount delivered for export: 299.94 million yuan

R&D expenditure: 159.96 million yuan

Total investment in IT technology: 6.55 million yuan

Main products: Rader corollary equipment, cable television, digital satellite receiver and computer

78. Beijing Huaqi Information Digital Technology Co., Ltd.

Business revenue: 1,800.00 million yuan

Total profit: 28.00 million yuan

Total amount delivered for export: 11.00 million yuan

R&D expenditure: 10.00 million yuan

Total investment in IT technology: 0 yuan

Main products: Digital MP3 player, mobile flash disk, computer monitor and vehicular electronic product

79. Guangzhou Radio Group

Business revenue: 1,734.24 million yuan

Total profit: 448.98 million yuan

Total amount delivered for export: 212.25 million yuan

R&D expenditure: 126.13 million yuan

Total investment in IT technology: 5.98 million yuan

Main products: Telecom built-up broadcasting station, telecom sender/receiver and telecom navigational and directional facility

80. Nantian Electronics and Information Industry Group

Business revenue: 1,701.26 million yuan

Total profit: 28.78 million yuan

Total amount delivered for export: 20.40 million yuan

R&D expenditure: 16.29 million yuan

Total investment in IT technology: 1 million yuan

Main products: Special bankbook printer, self-service terminal system, software and system integration, and computer network project

 

81. Ningbo Yunsheng Co., Ltd.

Business revenue: 1,646.66 million yuan

Total profit: 86.30 million yuan

Total amount delivered for export: 1,296.71 million yuan

R&D expenditure: 35.70 million yuan

Total investment in IT technology: 4.20 million yuan

Main products: Nd-Fe-B permanent magnet, automotive motor, core of musical movements and optical communication

82. Shijiazhuang Baoshi Electronic Group

Business revenue: 1,633.86 million yuan

Total profit: 25.03 million yuan

Total amount delivered for export: 34.32 million yuan

R&D expenditure: 2.4 million yuan

Total investment in IT technology: 1.15 million yuan

Main products: Glass bulb of CRT, color plastic pipeline, dowel and anode cap

83. Dongxing Group

Business revenue: 1,600.15 million yuan

Total profit: 84.45 million yuan

Total amount delivered for export: 7.27 million yuan

R&D expenditure: 6.15 million yuan

Total investment in IT technology: 0 yuan

Main products: Vehicular electronics and Nd-Fe-B permanent magnet

84. Liaoning Radio Factory No.2

Business revenue: 1,572.50 million yuan

Total profit: 92.12 million yuan

Total amount delivered for export: 820.14 million yuan

R&D expenditure: 29.86 million yuan

Total investment in IT technology: 1.31 million yuan

Main products: Rader, oscillograph and vehicular acoustics

85. Harbin Coilight Power Supply Co., Ltd.

Business revenue: 1,538.49 million yuan

Total profit: 143.69 million yuan

Total amount delivered for export: 130.30 million yuan

R&D expenditure: 2.4 million yuan

Total investment in IT technology: 7 million yuan

Main products: Storage cell, mobile phone cell and power supply product

86. TELLHOW

Business revenue: 1,513.89 million yuan

Total profit: 77.47 million yuan

Total amount delivered for export: 37.10 million yuan

R&D expenditure: 63.37 million yuan

Total investment in IT technology: 8.64 million yuan

Main products: Intellectual electronic product and software product

87. Guangdong Shengyi SCI.TECH Co., Ltd.

Business revenue: 1,423.35 million yuan

Total profit: 225.54 million yuan

Total amount delivered for export: 1,010.08 million yuan

R&D expenditure: 3.56 million yuan

Total investment in IT technology: 170,000 yuan

Main products: Copper foil board and adhesive foil

88. TEI

Business revenue: 1,404.21 million yuan

Total profit: 118.68 million yuan

Total amount delivered for export: 1,044.75 million yuan

R&D expenditure: 8.84 million yuan

Total investment in IT technology: 640,000 yuan

Main products: Computer, ink box, POS machine and special bankbook printer

89. Jiangyin Xinchao Technology Co., Ltd.

Business revenue: 1,393.31 million yuan

Total profit: 110.30 million yuan

Total amount delivered for export: 425.15 million yuan

R&D expenditure: 54.14 million yuan

Total investment in IT technology: 308.53 yuan

Main products: IC, discrete component, electronic signal lamp and intellectual electric meter

90. CVIC SE

Business revenue: 1,381.25 million yuan

Total profit: 24.16 million yuan

Total amount delivered for export: 25.73 million yuan

R&D expenditure: 25.50 million yuan

Total investment in IT technology: 12.10 yuan

Main products: Software series product and video tape recorder

91. Guangzhou South China Information Industry Group

Business revenue: 1,380.56 million yuan

Total profit: 87.89 million yuan

Total amount delivered for export: 990.36 million yuan

R&D expenditure: 9.8 million yuan

Total investment in IT technology: 5 million yuan

Main products: Computer and application system, micro-control system product and media device

92. GoldTel

Business revenue: 1,367.14 million yuan

Total profit: 91.33 million yuan

Total amount delivered for export: 0 yuan

R&D expenditure: 102.54 million yuan

Total investment in IT technology: 32 million yuan

Main products: IC card telephone, IC card information machine, taxation controlling machine and customer machine

93. Shanghai Automation Instrumentation Co., Ltd.

Business revenue: 1,358.14 million yuan

Total profit: 40.97 million yuan

Total amount delivered for export: 36.68 million yuan

R&D expenditure: 32.89 million yuan

Total investment in IT technology: 3.59 million yuan

Main products: Automation Instrumentation, computer system and instrument component

94. LRC

Business revenue: 1,335.84 million yuan

Total profit: 95.31 million yuan

Total amount delivered for export: 1,123.66 million yuan

R&D expenditure: 26.72 million yuan

Total investment in IT technology: 350,000 yuan

Main products: Chip diode, chip audion, plastic sealed diode, glass bulb diode and bridge rectifier

95. Hong’an Group

Business revenue: 1,319.35 million yuan

Total profit: 126.31 million yuan

Total amount delivered for export: 0 yuan

R&D expenditure: 39.16 million yuan

Total investment in IT technology: 0 yuan

Main products: Communication electric cable, optical cable and No.5 data cable

96. Baosight

Business revenue: 1,312.38 million yuan

Total profit: 68.81 million yuan

Total amount delivered for export: 34.12 million yuan

R&D expenditure: 2.3 million yuan

Total investment in IT technology: 0 yuan

Main products: eCop system, eCop network security system and MiTCO traffic signal product

97. BEIYANG

Business revenue: 1,271.50 million yuan

Total profit: 60.70 million yuan

Total amount delivered for export: 939.72 yuan

R&D expenditure: 62.67 million yuan

Total investment in IT technology: 13.20 million yuan

Main products: thermal printer, thermal conversion printer, high-efficient electronic energy-saving lamp and high-speed ticket scanner

98. Fenghua Advanced Technology (Holding) Co., Ltd.

Business revenue: 1,263.80 million yuan

Total profit: 45.12 million yuan

Total amount delivered for export: 492.01 yuan

R&D expenditure: 73.90 million yuan

Total investment in IT technology: 41.20 million yuan

Main products: Chip multi-layer ceramic capacitor, chip resistor, electronic mater and electronic special device

99. Jiangsu Zijin Electronics Group

Business revenue: 1,255.72 million yuan

Total profit: 23.56 million yuan

Total amount delivered for export: 28.72 yuan

R&D expenditure: 45.20 million yuan

Total investment in IT technology: 4.85 million yuan

Main products: Computer peripheral equipment, printed-circuit board and power protection equipment

100. Shantou Ultrasonic Goworld Co.

Business revenue: 1,170.07 million yuan

Total profit: 57.37 million yuan

Total amount delivered for export: 468.23 yuan

R&D expenditure: 53.60 million yuan

Total investment in IT technology: 10 million yuan

Main products: Printed-circuit board, LCD monitor, LCD display module and copper foil board

(XEN)     

A PROFILE OF CHINA’S MACHINE-BUILDING INDUSTRY

China’s machine-building industry realized an industrial output value (in current price) of 1.519686 trillion yuan in the first five months of this year, up 18.18% year on year, and the growth is slightly higher than in April, which was 18.01%; a sales value of 1.471477 trillion yuan, up 18.55% year on year, and the growth is 0.39 percentage points higher than in April. Thus the industry has maintained a production growth of over 18% for three months, with growth of production and sales in May higher than in April.

The industry made up 15.89% of the added value of industry as a whole in China in the first five months, ranking second among the 12 industrial sectors, only after light industry. But in terms of growth, the added value of machine-building industry grew only 13.3%, only faster than petrochemical and power sectors.

The growth of output value of new products of the industry has slowed obviously. The output value of new products fulfilled by the industry was 255.482 billion yuan in the first five months, down 2.5% year on year. The growth was negative 4.5% in March and negative 2.5% in April.

Production and sales of machine-building industry dovetailed well in the first five months, with sales/production ratio reaching 96.83%, higher than the 96.73% in the same period of 2004, but 0.71 percentage points lower than the national sales/production ratio of industrial products of 97.54%. The industry has maintained a sales/production ratio of over 96% for three months running, with the rate in May slightly higher than in the previous two months.

Of the 94 kinds of major products in statistics, 74 or 78.72% reported output growth in the first five months, 4.25 percentage points higher than in April. To be specific, the output of large and mid-size tractor grew 50.45%; that of small tractors, 52.12%; that of turbine engine, power station boiler, and power station turbine, over 45%; that of pneumatic elements, 32.02%; that of die sets, 59.05%; that of refrigerating equipment, 46.96%; that of water-pollution control equipment, 603.75%; that of digital controlled machine tools, 24.07%; that of digital camera, 33.05%; that of forklift, 10.86%; that of motor vehicles, 4.01%; and that of internal combustion engines, 0.77%.

The export delivery of the machine-building industry amounted to 248.08 billion yuan in the first five months, up 38.35% year on year. The growth rate is 20.17 percentage points higher than the 18.18% output value growth of the industry as a whole, and 1.09 percentage points higher than the 37.26% growth in April. By sector, export delivery of engineering machinery grew 119.03% in the first five months; that of heavy mining, 69.73%; that of universal basic parts, 51.21%; that of petrochemical machinery, 49.52%; that of auto making, 45.5%.

China’s machine building industry scored a trade deficit of 5.5 billion US dollars in the first four months of this year, dropping sharply by 13.293 billion US dollars or
70.73% as compared with the same 2004 period. Such a big fall in the trade deficit has never occurred over the past few years.

From January to April, China imported and exported 66.043 billion US dollars worth of mechanical products, rising 14.65% year on year. Of the total, the export accounted for 30.271 billion US dollars, up 37.55%; and the import, 35.771 billion US dollars, up 0.5%, which was 55.71 percentage points lower than the growth of 56.21% in the year-earlier period.

Though the import was still bigger than the export, the high growth of the export and big decline in the import growth have together narrowed the trade deficit.

The export of numerous mechanical products even doubled. They include bulldozer, excavator, loader, crane for engineering use, road roller, lift and, sedan, truck, 30-seat-above bus, tractor, farm use vehicle, copying machine, analyzing instrument, steam turbine and generator.

Main reasons for the high growth of the export are the sustained growth of the world economy and international trade, accelerated shift of the international machine building industry to China, the strong growth of export by foreign-funded enterprises and private enterprises after China’s access to the WTO, more stimulus policies taken by the Chinese government, and the improvement in the export growth form.

Meanwhile, the import growth had a remarkable decline, especially in such three sectors as engineering machinery, automobile and internal-combustion engine sector. Import of the engineering machinery sector was 805 million US dollars, falling 41.79%; automotive sector, 2.756 billion US dollars, down 34.82%; and internal-combustion engine sector, 1.049 billion US dollars, down 16.18%.

But four sectors still posted a big growth in import. They are the heavy-duty mining machinery sectors (with 1.572 billion US dollars, up 54.26%); machine tool sector (with 3.153 billion US dollars, up 22.23%); instrument, meter and office equipment sector (6.101 billion US dollars, up 14.28%); and electrical engineering and appliance sector.

Why the import growth fell so sharply in general? One reason is that the central government’s macro control policy has paid off. As the state took a strict control over land use, checked and cancelled several thousands of local development zones, the demand for building machinery contracted and the import dropped correspondingly. The heavy fall in the import of automobiles was caused by the cool-down in the demand for sedans and new tariff duty on auto parts and components that are of characteristics of complete vehicles. In addition, talks about the appreciation of Renminbi have also produced a certain influence on the import volume. Some buyers, who had planned to import machinery equipment and related parts and components, has taken a wait-and-see attitude, delaying the signing of contracts and waiting for the appreciation of Renminbi. However, China’s import of machinery equipment will maintain a big growth in the future, due to strong domestic demand, lower import cost and higher quality of imported products.

OUTLOOK:

Boosted by rapid economic growth and industrial upgrading, China’s market demand for equipment manufacturing industry is huge. The Mechanical Engineering Research Institute estimates that the average annual growth of China’s fixed assets investment in the “10 Five-Year Plan” period (2000-2005) will be 8.4 percent, with total fixed assets investment amounting to 21 trillion yuan, including 6 trillion yuan investment in electromechanical equipment. It is expected that China’s total import and export volume will top 650 billion US dollars in 2005, of which export of equipment will reach 135 billion dollars, accounting for 40 percent of China’s total export.

Locomotive and urban track traffic vehicles: due to construction of new railways and technical renovation, the number of locomotives newly purchased in the period is estimated to 4,800 units; and the number of passenger vehicles newly purchased, 12,000 units. Meanwhile, 20 Chinese cities are either constructing or planning subways and urban track traffic, with combined investment reaching 800 billion yuan, and the total mileage to be constructed reaching 450 km. Of the 800-billion-yuan investment, 200 billion yuan have gone to subway construction. In fact, China needs to purchase 2,000 subway and light-rail cars.

Ship: the world’s annual demand for ships and boats in the next 10 years will be 37-50 million DWT, of which 40 percent will be finished oil and shuttle oil ships; 30 are large oil tankers; 5 percent are large chemical oil ships; and 8 percent, LNG ships. The annual orders for container ships are valued at 6-7 billion dollars. Besides, China is constructing 6-8 drilling platforms a year.

Digital-controlled machine tool: China’s market demand for DC machine tool is expected to be 30,000-35,000 sets, valued at 12-15 billion yuan in 2005. This includes 1,800 high-speed precision processing machining centers, 1,500 DC lathes and milling centers, 100 DC grinding machines, 700-900 DC gear processing machine tools, 1,500 DC milling machines, 600 DC electrical processing machine tools, 800-1,000 DC modular machine tools, 800-1,000 DC metal forming machinery, and 30,000 DC installations.

Petrochemical equipment: China’s market demand in the “10 Five-Year Plan” period is estimated to be 5 large distillation towers, 10 large plate type heat exchanger, 10 reciprocating hydrogen compressors, 50 large crude charging pump, and 20-25 sets of 300,000-500,000 ton nitrogen fertilizer equipment. Meanwhile, the production capacity of 7 large ethylene installations have been expanded to 650,000 tons; a number of 600,000-800,000 ethylene joint ventures have been launched.

Power transmission and transforming equipment: China’s “west-east” power transmission project needs 500-kV AC and DC transmission and transforming equipment in quantities, as well as 1,000-kV power transmission and transforming equipment. It is expected that China will need to newly construct 64 traction substations, 80-plus urban track traffic traction and voltage dropping substations.

Environmental protection equipment: China’s investment in environmental protection is expected to amount to 700 billion yuan in the “10 Five-Year Plan” period, of which 198.2 billion yuan will be invested in environmental protection equipment, 77.3 billion yuan in gas pollution control equipment. This includes 10,000 sets of desulphurizer equipment, 60 sets of large dry desulphurizing equipment, 300 high-temperature dust cleaners, and 10,000 high-performance small static dust cleaners.


In 2005, the development of machine-building industry is expected to go on increasing steadily, Cai Weici, vice president of the China acknowledged. He predicted that the sector's output value is estimated to grow by anywhere from 15 to 20% and profits by 10%.


Policies:

According to China’s 10th Five-Year Plan (2001-2005) for the machine-building industry, passenger cars, equipment for electricity generation, power transmission and transformation equipment, digitally controlled machine tools and basic components, and agricultural machinery will be priority sectors for development in early 21st century.

According to the Catalogue of Industrial Guide for Foreign Investment promulgated by the State Development and Reform Commission and the Ministry of Commerce on November 30, 2004, and effective as of January 1, 2005, China will restrict foreign investment in the following fields:
1. Manufacturing of small and medium-sized ordinary bearings.
2. Manufacturing of automobile cranes under 50 tons (limited to contractual or equity joint venture).
3. Manufacturing of ordinary filament and short-fiber equipment.
4. Manufacturing of caterpillar bulldozers under 320 hp, and wheel-type loaders under 3 cu m (limited to equity or contractual joint venture).


Meanwhile, China encourages foreign investment in advanced machine-building technologies and equipment.

China Battery Market - Xinhua news Agency

The market scale of new battery materials in China is estimated to have reached 2.77 billion yuan, with 62.2% compound annual growth rate in 2000-2004.

China’s new battery material market is characteristic of fast growth with unbalanced market structure. Lithium battery and solar battery materials occupy a large market share as against materials for fuel battery, which mainly depend on import.

In the market of lithium battery, the country has established a complete production network. Such major lithium battery manufacturers as Shenzhen Beyard, Senzhen BAK, Shenzhen B&K and TCL Battery have grabbed large international market shares, thanks to material suppliers of negative and positive poles and electrolytes, including CITIC Guoan MGL (MGL), Ningbo Jinhe New Material Co., Ltd., Shanshan Enterprise, Zhangjiagang Guotai-Huarong New Chemical Materials Co., Ltd., etc., but they are relatively weak in producing insulating films. Some lithium battery material suppliers have exported positive poles of lithium battery to South Korea, a big producer of cell phones in the world.

In the market of solar battery, the annual output of solar battery has grown rapidly, pulling up production of materials for solar battery. At present, main producers of silicon for solar energy in China are Luoyang Monocrystalline Silicon Plant, Sichuan Emei Semiconductor Material Plant and Hebei Ningjin Monocrystalline Silicon Base, which is the largest base in the world to produce monocrystalline silicon, occupying around 25% of the global market. Major Chinese solar battery suppliers include Baoding Yingli New Energy Resources Co., Ltd., Wuxi Sunteck Co., Ltd., Kaifeng Solar Battery Plant, Yunan Semiconductor Devices Plant, Qinghuangdao Huamei Guangfu Electronic Plant, Zhejiang Zhongyi Solar Energy Plant, Ningbo Solar Electronic Power Plant, Tianjing Jingci Solar Energy Plant.

In the market of fuel battery, capital investments are concentrated only in the production of fuel battery (say, 0.6 billion yuan were invested in electrically operated motor car in the “863” Program), leaving material suppliers and manufacturers less invested. New technologies and innovations are urgently needed for fuel battery materials.

The price trend will see decrease in small extent in lithium battery materials, descent in light board of solar battery and sharp drop in costs of fuel battery materials.

It is predicted that the average price of lithium battery materials is to decrease in small extent from 2005 to 2009 as more manufacturers join the competition and the technology is reaching maturity.

The price of light board of solar battery is anticipated to drop by half in 10 years due to technological progress and enlarging production.

The price of fuel battery is predicted to reduce 1/5 if the imported fuel battery materials can be made in China.

Lithium battery will need such materials as lithium cobalt nickel oxide, Nano-sized Carbon materials, mixed poly-electrolytes, and thinner insulating membranes. Solar battery requires production of monocrystallin silicon and multicrystallin silicon, and membrane solar battery may lead the market in the future. Fuel battery demands the catalysis of high-efficiency, high-activity and high-dispersity.

CCID forecasts that the market of new battery material is expected to grow speedily with 37% compound growth rate in 2005-2009, and the market capacity is likely to rise from 3.59 billion yuan in 2005 to 12.63 billion yuan in 2009.

CCID therefore suggest investors:
1. The market of insulating films holds great potentials in China, and that of positive and negative poles and electrolyte is reaching maturity.
2. Organic materials will be the preferable choice for solar battery.
3. Research and development of fuel battery materials are needed in China, especially in catalysis, dipole board and conducting film.

CCID also suggests that for better development of battery materials market, suppliers of the upstream section (materials, parts, equipments), mid-stream section (batteries) and downstream section (cell phones, laptops, digital cameras, electrically operated bicycles, electrically operated motor cars) should work together to enhance efficiency and reduce costs and risks.


Globally, the market scale of new battery materials has expanded from 1.38 billion US dollars in 2000 to 2.44 billion US dollars in 2004, with a 15.3% compound annual growth rate. The market scale of lithium battery, solar battery and fuel battery respectively reached 6.03 billion U.S. dollars, 2.79 billion U.S. dollars and 0.5 billion U.S. dollars in 2004. Global sales revenue of lithium battery materials experienced a zigzag trend from the annual 470 million dollars in 2000 down to 390 million dollars in 2001 but up to 580 million dollars in 2004, with compound annual growth rate of 5.4% from 2000 to 2004. The 2004 market scale of silicon chip reached 1.64 billion U.S. dollars with 18.6% compound annual growth rate from 2000-2004. Fuel battery materials sales reached 0.22 billion U.S. dollars globally in 2004.

Energy-saving and environment-friendly batteries recently developed fast due to global economic recovery and production of cell phones, laptops, digital cameras and electrically operated motor cars. China’s state policies also helped increase battery production. The tenth five-year plan (2001-05) and the “863” Program set R&D of lithium battery as a key project. The 2008 Olympic Games and the 2010 World Expo would prompt Beijing and Shanghai to strengthen their application of fuel battery. The “Sunlight Program”, a program for development of solar energy, will involve 10 billion yuan to carry forward solar electrical energy generation.

Now, some Shanghai and Shenzhen listed companies are engaged in new battery materials. They include CITIC Guoan (000839), Shanshan Enterprise (600884), Jade Bird Huaguang Group (600076), Veken Elite Group (600152), Changchun Jingkai Group (600215), Aucma Group (600336), Tianwei Baobian Electric (600550), TCL Group (000100), Fenghua Group (000636), Pianzhuan Group (000697), Suangdeng Group (000835), and South Huiton Group (000920).