Analysis of market opportunities in the rail transit equipment industry

In August 2008, China's first high-speed railway with a design speed of 300 kilometers per hour, the Beijing-Tianjin inter-city railway, was opened to traffic, marking the entry of China's rail transit into the high-speed rail era, and declaring that the rail transit industry has entered a new development period. After 10 years of rapid development, China's high-speed rail has been at the forefront of the world in terms of economic scale, operating mileage, development speed, R&D and innovation capabilities, integration capabilities and product cost performance. China's high-speed rail has become an important business card for the country and an important link in the country's implementation of the “One Belt, One Road” strategy.

According to the National 13th Five-Year Plan, the state's fixed asset investment in the rail transit industry is at least 3.5 trillion. China's rail transit industry will usher in the second decade of development cycle, with new changes and adjustments in its development direction, which deserve our attention.

First of all, urban rail transit has a broad space for growth. After 10 years of rapid development of the high-speed railway, although the market still grows, there is limited room for growth. Urban rail transit is a very popular way for citizens to travel because of its economic, punctuality, comfort, energy saving and safety. Coupled with the role of the local regional economy, local governments attach great importance to the construction of urban rail transit. In 2017, the construction investment of urban rail transit in China was 476.2 billion yuan, and at least 43 cities were carrying out rail transit construction. Although the National Development and Reform Commission recently called for the suspension of rail transit projects in many cities because of the local government debt rate, it has raised the threshold for urban rail transit construction, but urban rail transit still has ample space.

Second, there are plenty of opportunities in the aftermarket of rail transit. The post-market of rail transit mainly includes vehicle maintenance, parts replacement and operation and maintenance testing. China's rail transit industry has entered a stage of mature development from high-speed development. With the increasing number of vehicles and equipment, many railway vehicles will enter a large maintenance and repair cycle, and the demand for safe operation, maintenance, inspection and testing will increase. At present, the industrial layout of many listed companies is in the post-travel market. It is hoped that through the capital market platform, the market industry integration after the rail transit will be accelerated, and the “unicorn” of the market segment will be created.

Finally, the overseas rail transit market also has huge room for development. Taking the six economic corridors of the “Belt and Road” as an opportunity, it will strongly support the “going out” strategy of China's railroad equipment industry. At present, China CRRC has taken the lead and has obtained overseas orders for rail transit products from countries such as North America, Australia and Malaysia. Moreover, China CRRC has also established many overseas joint ventures and representative offices. However, there are many risks in the overseas market, such as politics, economy, law and religious culture. They also face obstacles from competitors such as Europe and Japan. We still have a lot of room for study and promotion.

For China's rail transit equipment enterprises, the industry is full of opportunities, and the market size and space are very large. What enterprises need to do is analyze their current status in technology research and development, talent development, management level, market capability, etc., do strategic thinking and industrial layout, and realize the rapid growth of enterprises through mergers and acquisitions, mergers and acquisitions, and thus grasp this The market outlet of the wheel.

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Fertilizers enhance the growth of plants. This goal is met in two ways, the traditional one being additives that provide nutrients. The second mode by which some fertilizers act is to enhance the effectiveness of the soil by modifying its water retention and aeration. This article, like many on fertilizers, emphasises the nutritional aspect. Fertilizers typically provide, in varying proportions.

Fertilizers are classified in several ways. They are classified according to whether they provide a single nutrient (e.g., K, P, or N), in which case they are classified as "straight fertilizers." "Multinutrient fertilizers" (or "complex fertilizers") provide two or more nutrients, for example N and P. Fertilizers are also sometimes classified as inorganic (the topic of most of this article) versus organic. Inorganic fertilizers exclude carbon-containing materials except ureas. Organic fertilizers are usually (recycled) plant- or animal-derived matter. Inorganic are sometimes called synthetic fertilizers since various chemical treatments are required for their manufacture.

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