The NTE260 electric wheel mining car produced by Inner Mongolia Northern Heavy Vehicle Co., Ltd. (hereinafter referred to as Northern Stock) was recently rolled off in Baotou, Inner Mongolia. Although Northern shares did not disclose the price of this car, according to Mao Zhongwen, deputy secretary-general of the China Construction Machinery Industry Association, the car has a high technological content and a broad market prospect. The unit price will not fall below 24 million yuan and the profit rate will be around 18%. . Under the guidance of the government’s policy to revitalize the equipment manufacturing industry, mining vehicles are one of the important branches, and the development prospects are favored by many companies.
The large mining vehicles represented by NTE260 are mainly transported in mines and are called off-highway vehicles. In recent years, many domestic enterprises that produce heavy trucks for road use have also begun to penetrate this market. Some people think that the development of the offset cab mining vehicle based on the highway heavy truck platform will gradually erode the large off-road vehicle market and eventually replace it.
Is this true?
â– The temptation of cycling profits
It is understood that before the 1990s, there were not many enterprises that could produce mining vehicles in China. The large mining vehicle market was basically monopolized by foreign brands, and the prices of products were very high. In order to change this situation, the northern shares established in 1988 specialize in the production of mining vehicles. By the early 1990s, the products quickly opened up to the market and replaced imported cars to some extent.
Since 2000, the domestic large-scale mines and water conservancy projects have been cut off, and the demand for mining vehicles has grown rapidly. From 2007 to 2010, the sales performance of North Shares increased at an average annual rate of 31%, becoming the leading company in the mining vehicle industry in China and exporting more than 40% of its products. Su Zimeng, secretary general of the China Construction Machinery Industry Association, believes that during the 12th Five-Year Plan period, the mining car market will usher in a better environment for development.
Yang Furong, deputy general manager of the North Shares, told the reporter that there is a large demand for non-road mining vehicles with 45 to 91 tons of load. A 45-ton mine truck is priced at about 2.6 million yuan, and the 91-ton mine truck is priced at about 6 million yuan, and the profit is relatively high. Many heavy truck companies in China are targeting this piece of cake to enter the mining car market, which will bring a certain impact on traditional non-road mining vehicle enterprises.
â– Two cars running on the road
In Yang Furong's view, although the mining vehicles produced by the heavy truck companies are also used for mining transportation, they are very different from non-road mining vehicles. The mine car produced by the former is driven under harsh road conditions in the mining area, especially under the heavy impact of high-density ore during loading, the load-bearing components are easily damaged, and some vehicles are prone to rollover due to insufficient width and high center of gravity. Therefore, this kind of car is generally used for excavating or transporting less heavy ore.
Mao Zhongwen told reporters that traditional mine car weights are as low as several tens of tons, and as many as several hundred tons. In order to adapt to the harsh environment of the mining area, all adopt double bridge structure and oil and gas suspension to ensure a small turning radius, large bearing capacity, and can withstand the severe impact of ore during loading, and the service life is more than 10 years. At the Three Gorges Dam and other large-scale mine sites in China, it is still a large-tonnage mining vehicle.
The replacement cycle of mining vehicles is long and the demand is not great. Northern shares have maintained rapid growth in recent years. In 2010, sales revenue was 1.9 billion yuan, but such sales accounted for 75% of the total sales in the domestic market. Although the demand for dump trucks for rock excavation operations or for transporting lighter ore is several times that of dedicated mining vehicles, the overall market size is not large due to low unit prices.
â– The access threshold will increase
According to reports, the technical content of professional mining vehicles is reflected in many aspects. Such as oil and gas suspension in the cylinder seal, NTE260 fitted with 3.7 meters in diameter tires, NTE260 bucket used in high-strength wear-resistant steel and welding of such steel. Other aspects such as engines, electric wheels, and electric drive control systems also require a relatively high level of technology.
Yang Furong told reporters that there are not many domestic companies that produce parts for mining vehicles, and the lead time is long. Therefore, the independent research and development of the North Shares mainly adopts the system integration model, and it is adopted by the Japanese Komatsu company with an international market share of more than 30%. The same pattern of research and development.
The mining vehicle market is small in scale and there are few relevant laws and regulations. Currently, there is no access mechanism. This leaves space for heavy truck companies to develop small-tonnage mining vehicles. Mao Zhongwen told the reporter that the state is paying more and more attention to the equipment manufacturing industry, and the access mechanism and development guidance for mining vehicle production will be introduced in the near future.
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