Market share maintained first in the country for 5 consecutive years
The reporter recently learned from the 15th academic annual meeting of the China Association of Automobile Engineers' Automobile Manufacturing Subsection's Gear Processing Committee held in Qingdao that Laigang has developed and produced 6 steel gear steel products, which has become a national The first manufacturer to achieve all sub-steel production. At present, automobile manufacturers such as First Automotive Group, Dongfeng Motor Group, China National Heavy Duty Truck Group, and Ford Motor Co. all use gears made of Laiwu Gear Steel.
Experts predict that China’s total automobile sales will exceed 8 million vehicles this year and become the second largest producer and consumer of automotive gear in the world. During the "Eleventh Five-Year Plan" period, the Chinese gear industry will maintain an average annual growth rate of about 12%. The market capacity of the gear industry will reach 120 billion yuan, and will gradually become the world's gear production base and export power. The market potential of the gear industry is huge.
According to reports, Laiwu Steel, as the largest special steel production base in Shandong Province, has seized the opportunity of China to become the world's processing and manufacturing center, Shandong Peninsula City Group, and the Ring Huanghai Sea Economic Circle for several years. It has invested 300 million yuan in five years. Diversified technological transformation and technological structure adjustment formed two comparative advantages of gear steel and bearing steel, which enabled Laigang gear steel production to rapidly reach 400,000 tons, becoming the premier fine steel gear production base in the province and successively obtained Shandong Provincial brand name product and national metallurgical product quality gold cup award.
It is understood that Laiwu Steel has established a wide range of strategic partnerships and participated in China's automobile manufacturing industry chain. It successively established strategic cooperation with domestic three major automobile group gear production supporting enterprises and domestic largest Shaanxi Fast Gear Factory, and achieved Laiwu Steel gear steel production and sales volume and market share and maintained the first place in the country for 5 consecutive years, becoming China's Important automobile steel supply company.
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