China’s Largest Machine Tool Giant “Fallen”

China's Largest Machine Tool Giant Fallen
As we all know, China is the world’s largest industrial manufacturing country and produces countless commodities every year. It is precisely because of the production of too many commodities that China has also won the title of a “world factory”. Of course, the “big” mentioned here mainly refers to the large scale and high output value of China’s manufacturing industry. It is understood that China currently has 41 major industrial categories, 207 medium industrial categories, and 666 industrial sub-categories, forming an independent and complete modern industrial system. It is the only country in the world that has all the industrial categories in the United Nations Industrial Classification Catalog.
But on the other hand, large scale does not necessarily mean high technological content. Take the manufacturing industry as an example. Most manufacturing industries in China are low value-added industries, such as the production of clothes, shoes, and simple electronic accessories. But in the fields of aerospace, polymer materials, high-precision instruments, etc., there are still big shortcomings. You must know that low value-added industries are not very profitable, or it can be said that it is hard money. For example, in some factories, the profit of producing a piece of clothing is only a few yuan, and the profit of producing an electronic component is only a few cents. Even a few cents. But high value-added industries are different. For example, Boeing’s aircraft can earn hundreds of millions of dollars in profits. Therefore, in recent years, China has also been committed to the transformation of traditional low-end manufacturing to high-end manufacturing, including machinery manufacturing.
Anyone who has been in contact with machinery manufacturing should know that machine tools are the most important thing, and the quality of machine tools directly determines the final quality of the product. However, in the past two to three decades, the most advanced machine tool technology has been “monopolized” by Germany and Japan, but now, China has achieved a leading position in machine tool technology. When it comes to the improvement of China’s machine tool technology, one company has to be mentioned: Shenyang Machine Tool. The older generations know that the three northeastern provinces have always been China’s heavy industry production bases. There are many outstanding companies on this land. Shenyang Machine Tool is one of them. Under the leadership of Chairman Guan Xiyou, Shenyang Machine Tool has been painstakingly researching machine tool technology for many years, and finally broke China’s “short board” in the machine tool field, successfully surpassed Germany and Japan, and won the first place in the world.
What is regrettable is that Shenyang Machine Tool went bankrupt because of debts of more than 70 billion, and a generation of domestic machine tool giants “fallen”, which inevitably makes people sigh. So, why does a technologically leading company fall? Public information shows that Guan Xiyou is a top student who graduated from Tongji University. After graduation, he joined the Sino-Czech Friendship Factory. Originally, Guan Xiyou was assigned to work in the office, but he resolutely refused, and resolutely went down to the workshop, and did dirty and tiring technical work with the workers for 5 years.
Because Guan Xiyou is steady and likes to delve into thinking, he got the opportunity to study in a Japanese company. You know, Japan has been a developed country a long time ago, so the consumption level is relatively high, and only one day’s accommodation costs 680 yuan. At the same time, Guan Xiyou, a technician, earned only 600 yuan a year. However, Guan Xiyou did not complain that prices were too expensive, but secretly made up his mind to bring back Japan’s advanced machine tool technology. In this way, Guan Xiyou, who had a firm belief in his heart, quickly returned from his studies and quickly applied the technology he had mastered into practice, ultimately greatly increasing the production capacity of the factory. After 10 years, Guan Xiyou has become a factory manager from a technician, and under his leadership, the factory’s revenue has increased year by year.
In 2002, 38-year-old Guan Xiyou was assigned to Shenyang Machine Tool as the general manager. It can be said that Guan Xiyou has dedicated his best youth to the machine tool industry and dedicated technical research. At that time, many people believed that under the leadership of Guan Xiyou, Shenyang Machine Tool could go to glory. Later, as the country began to advocate the development of large-scale precision CNC systems, CNC machine tools began to have their own abilities. The development of Shenyang machine tools has also become better and better, and the market demand for Shenyang machine tools has begun to increase.
After the efficiency of the factory improved, Guan Xiyou was not complacent, let alone complacent. Instead, he set up his own R&D team to advance into higher fields and devote himself to research. Finally, Shenyang Machine Tool developed the i5 CNC system. The emergence of this CNC system is also the most glorious moment of Shenyang Machine Tool. Suddenly, China’s machine tool technology stood at the top of the world. Unfortunately, although the technology is very advanced, it is not mature, so the i5 CNC system is not stable in actual use, which makes it difficult to collect funds. In addition, during the early stage of research and development, a lot of money was borrowed from the bank. In the end, the debt of Shenyang Machine Tool reached 78.936 billion yuan, so it fell into the altar.
It can be seen that funding is the prerequisite for everything, just as a full stomach is the prerequisite for all human social activities, so is scientific research. In the process of pursuing technology, we should also pay attention to the development of the enterprise, otherwise it will lose the source of funds.