Comeback 1992

But this profit is quite low.

Now the entire machine tool industry, profit margins have been suppressed to the extent of one percent.

That is to say, a bad operation will directly lead to the loss of the enterprise.

The profitability of Changxing Machine Tool is now increasing year by year.

Improving profitability is not achieved by reducing R&D.

Chapter 1093 Achievements

Changxing Machine Tool is the best in China in terms of technical level.Internationally, it also belongs to the forefront level.

Over the years, Changxing Machine Tool has been insisting on maintaining high investment in research and development.

Maintaining high investment in research and development will naturally bring returns.

The emergence of Changxing machine tools also broke the restrictions imposed by Europe and the United States on China's high-end machine tools.

Changxing machine tool is not only that, but also sells some machine tool equipment abroad.

For example, some countries that do not have a good deal with the United States.

High-end machine tools can be quite expensive in terms of price.

One machine can feed Changxing machine tools.

It is a pity that there are too few such countries in the world.

That is Persia.

Persia is still quite good in terms of industrial development, and can manufacture a lot of things.

Han Songlin flipped through the report, and said with some surprise: "Did the total R&D investment of the entire group reach 7000 billion last year?"

Zheng Lin: "Last year, the country's R&D investment should have been about 7000 trillion. We accounted for 40.00% of the two."

40.00% Two!

This is indeed a bit too exaggerated.

However, it is also a very normal thing.

Among the enterprises controlled by Xinghai Group, most of them are technology-based enterprises.

Xinghai Group's research and development funds consist of two parts: the research and development funds of its subsidiaries and the research and development funds of Xingchen Institute.

The research and development funds of Xingchen Academy are generally directly provided by Xinghai Group.

The Star Academy will also cooperate with the outside world, and some companies will come to the Star Academy for a commissioned research and development.

Entrusted research and development is also an important source of funding for the Star Academy.

Last year, Star Institute received a total of hundreds of billions of entrusted research and development.

Naturally, many results have been produced.

In addition to entrusting research and development, Star Academy also has commercial transformation of results.

In terms of commercialization, Star Academy is the best among all domestic research institutions.

Han Songlin: "Compared to previous years, this proportion has dropped again."

The lower the proportion, the higher Huaguo's investment in scientific research.

"Boss, why don't you keep saying that scientific research can't be done by our family, we have to do it together."

Han Songlin: "The truth is really the same."

Han Songlin looked at the dividends that Xinghai Group's subsidiaries were about to pay.

Xinghai Group's profits mainly come from People's Bank, Fumanduo, Xinghai Securities and Fuller Group.

It must be said that it is the Fuller Group.

After continuous investment, Fuller Group has also entered a season of harvest.

For example, Tianmu Agriculture, which is the largest breeding enterprise in China.

It not only raises pigs, but also raises cattle and chickens.

As for the sheep, Tianmu Agriculture did not involve it.

Tianmu Agriculture has established 230 breeding subsidiaries, 18 seed breeding companies, and 25 slaughtering subsidiaries across the country.

Tianmu Agriculture is different from some domestic breeding companies. Tianmu Agriculture is "self-propagation and self-raising".

Tianmu Agriculture basically does not purchase piglets, cowboys, or chickens from outside.

There is no mention of company + farmer cooperation.

The entire breeding process is completely controlled by Tianmu Agriculture itself.

This model makes Tianmu Agriculture take a heavy asset and is unfamiliar.

After all, all the breeding bases are owned by Tian Mu Agriculture.

The breeding base of Tianmu Agriculture has also changed from the original traditional breeding mode to factory-style farming.

One person can manage thousands or even tens of thousands of livestock.

In comparison, the initial investment in Tianmu agriculture is indeed much higher.

It is said that the various equipment in the breeding factory will cost a lot of money to invest.

At present, in China, overall labor costs have not skyrocketed like they did a few years later.

Therefore, many breeding companies still adopt more traditional farming methods, saving investment in farming equipment.

In 2012, Tianmu Agriculture's net profit reached 215 billion, and it sold 4000 million pigs, 700 million cattle, and 1 million chickens.

In addition, field husbandry agriculture also involves bio-fertilizers, which also brings a lot of income to field husbandry agriculture.

In terms of food, Fuller Group has now formed a large closed loop.

In other words, Xinghai Group and THC investment have formed a large closed loop of the food industry on a global scale.

THC investment invests in a large amount of agricultural land around the world, and then these lands grow a large number of various foods.

Including staple food and cash crops.

Some of these grains were digested locally, and a considerable part was transported back to China.

After being shipped back to China, some appeared on the market, but more were directly digested by Tianmu Agriculture.

It turns into meat products and appears on the counters of Fumando supermarkets or meat stalls in vegetable markets.

In the vegetable market, Tianmu Agriculture cooperates with butchers to sell pork produced by Tianmu Agriculture.

At this time, Tianmu Agriculture has occupied a very high share of the domestic pork market, reaching [-]%.

This is undoubtedly a rather high number.

In addition, other pig raising companies occupy a large share of the pork market, and Huaguo's pork market is about to enter an oligopoly market.

What does that mean?

That is, the previous family-based pig raising model will gradually be replaced by the factory pig raising model.

Even those small pig farms that raise hundreds of pigs will be eliminated by the market.

This elimination process may take a long time, but the whole trend is like this.

If you can follow the cyclical changes in pork prices, you might be able to make a lot of money.

But once you step on the wrong foot, you have to lose money, and it's still a big one.

Not to mention returning to before liberation, but it may be similar.

As far as the risk is concerned, it is quite large.

In addition, these pig raising enterprises will do some things tacitly.

Some things, you don't even need to say it, you know what to do.

For example, the price of pork will be lowered for a period of time, so that there will be fewer market participants.

Raise the price of pork for a period of time, and make profits at this time, and then attract a large number of farmers to come in.

If the price of pork is lowered, the pig farmers who come in at high prices will directly lose money.

There are two choices, cut the meat and leave the market or continue to persist.

In the midst of constant market fluctuations, the share of pig raising companies in the pork market is constantly increasing.

From the current share of more than ten percent, it can be increased to 20.00%, 30.00%, or even 50.00%.

Even more than 90.00%.

It's all possible.

Intensive pig farming has always been a big trend.

Intensive pig farming is also easy to centralize pig manure.

Like pastoral agriculture, pig manure is directly produced as bio-fertilizer.

Even these fertilizers are exported abroad.

After seeing Tianmu Agriculture, Han Songlin's attention was again focused on Fuller Wine.

In 2012, the sales performance of Fuller Wine was quite good.

The liquor market is still in its golden age.

Chapter 1094 C5 Intelligent Machine Tool

In 2012, Fuller Wines had a revenue of 401.6 billion yuan and a net profit of 167 billion yuan.The net profit margin of wine companies has always been quite high, and some wine companies have even achieved a net profit margin of more than 50.00%.

It's almost impossible to know what to say.

With such a high revenue, Fuller Wine has naturally become the number one wine company in China.

The other is Huixiangyuan Grain and Oil, a subsidiary of Fuller Group. Huixiangyuan Grain and Oil is mainly engaged in finished product packaging staple food and edible oil.

In 2012, the net profit of Huixiangyuan Grain and Oil was also quite high, reaching more than 40 billion.

Nationwide, Huixiangyuan Grain and Oil has completed its layout.

In the future, only a few adjustments and tinkering will be required, and the big investment will be over.

Next, it is about Fuxing Industrial Group.

As a manufacturing enterprise, Fuxing Industrial Group is not very good in terms of net profit.

In other words, compared with other companies, it is not very good.

But the net profit of the entire Fuxing Industrial Group has reached nearly 200 billion.

After Fuxing Power divested its aircraft engine business, it is now also making substantial profits.

The profit data of Changxing Machine Tool does not seem to be high, only a few hundred million.

Changxing Machine Tool has invested quite a lot in research and development.

The latest intelligent machine tool C5 is relatively smooth in the research and development progress, and will reach the production stage in the near future.

C5 intelligent machine tools will be a subversion of the current human industry.

C5 intelligent machine tool can automatically suppress vibration, automatic measurement and automatic compensation, automatic prevention of tool and workpiece collision, automatic tool change, automatic replenishment of lubricating oil and noise suppression, remote control and other functions.

In actual production, there are intelligent robotic arms and other supporting machinery beside the intelligent machine tool to realize the full intelligence of the production of parts in the entire factory.

There is no need for people to enter the factory to operate.

Well, the prospects for the application of this kind of machine tool in China are not enough, after all, the current labor cost is still at a relatively low level.

But in the future, it can always be used.

As the next generation, and the next generation, receive higher levels of education, people will become less and less willing to do repetitive and uncreative jobs in factories.

In addition, as labor costs continue to rise, industrial enterprises' demand for intelligent machine tools will naturally increase.

Intelligent machine tools such as C5 are an inevitable product of human technology and social development, and will be a major trend in the future.

Changxing Machine Tool has invested heavily in the research and development of C5 intelligent machine tools, not for the present, but for the future.

In the 5G era and the Internet of Everything era, the C5 intelligent machine tool is the time to play its greatest role.