Machinery / Industrial Parts & Tools

Recently, the 2021 auto parts enterprises "double hundred" conference (namely the top 100 auto parts enterprises in the world and top 100 Chinese auto parts enterprises, hereinafter referred to as the top 100 parts of the world 2021) and the top 100 of 2021 Chinese parts were held in Beijing.

"Since its inception in 2014, the" double hundred "selection has grown into one of the most influential auto parts industry rankings. The list fully reflects the competition pattern, the brand influence, the advanced technology and the comprehensive profitability of the auto parts industry at home and abroad. The selection of the "top 100" is of great significance to lead Chinese auto parts suppliers to mark international advanced enterprises, find technical gaps and analyze international competition pattern, which provides important reference for the international automobile industry to understand the Chinese parts industry and find the leading Chinese partners. " Xinning, vice chairman, general manager and President of China Automotive News, said.

12 Chinese enterprises are listed in the global list and most of them have been ranked higher

In 2021, China Automobile News Agency, in a true, accurate and cautious manner, lasted for four months, and collected and verified the data of nearly 500 enterprises based on the business income of auto parts enterprises in 2020 as the sole evaluation basis. With the support of data from beiruishi management consulting company, we have made 2021 "double hundred top" list to ensure the objectivity, accuracy and authenticity of data sources. Meanwhile, Roland Berger, the leading international consulting company, as an intellectual supporter, has made a deep interpretation of the 2021 "double hundred" list, and the white paper compiled on this issue was officially released at the event.

Among the top 100 parts list in 2021, the top 5 enterprises are Bosch, Japan electric equipment, Continental Germany, Weichai group of China and ZF. This year, 12 Chinese enterprises have been listed in the top 100 parts list of the world, including Weichai group, Huayuan automobile, Beijing Hainachuan, Ningbo Junsheng electronics, Ningde era, Yuchai group, GAC parts, AVIC automobile, China strategy rubber, faster group, CITIC daica and Dongfeng parts group, respectively ranking the fourth, 11th, 29th, 37th, 48th of the top 100 parts list 52, 56, 64, 67, 70, 90, 100. It is worth mentioning that 8 of the 12 Chinese companies listed as top 100 parts in the world have been ranked higher than last year, especially in faster and Yuchai group, up 27 and 22 respectively.

Among the top 100 parts list in 2021, Weichai group, Huayuan automobile, Beijing Hainachuan and Ningbo Junsheng electronics and Ningde era ranked the top five. We can see that 34 of the top 100 Chinese parts companies have exceeded 10 billion yuan in revenue, which is increased from 31 last year, of which Weichai group has exceeded RMB 200billion, reaching 2493 billion yuan; Huayuan automobile exceeded 100billion yuan, reaching 133.6 billion yuan. In addition, Rizhao industrial group won the 100th place of top 100 parts in China with sales of RMB 2343 million, and the sales volume of the 100th place in 2020 was 1.924 billion yuan.

"Scenery is the only good" in China's parts industry, showing four development trends

Last year, the global auto sales volume declined, and the global top 100 parts revenue fell by more than 10% year on year. However, the overall revenue of Chinese enterprises rose against the trend, accounting for 11% and the global ranking was significantly improved.

In response, fangyinliang, global senior partner and vice president of Greater China, Roland Berg said that the external environment will bring changes to the auto parts industry in 2020. The Chinese automobile market shows the phenomena of stable sales, increasing commercial vehicles without falling, new energy intelligent vehicles developing and high-end brands rising. It also promotes the parts industry to form four major change trends, namely, the increase of the proportion of Chinese enterprises' income, the increase of R & D investment, the increase of income of main commercial vehicle enterprises and the adjustment of product structure.

Specifically, in the top 100 parts list of 2021, with the advantages and growth in commercial vehicles and new energy vehicles, the overall revenue of Chinese enterprises has been growing against the trend, with the proportion of revenue rising from 9% to 11%, and the global ranking has been significantly improved; Under the situation of the adverse growth of the top 100 parts revenue in China, the R & D investment of enterprises increased, and the proportion of the revenue increased from 3.9% to 4.1%, so as to achieve the competitiveness improvement and forward-looking layout; The top 100 Chinese spare parts enterprises are stable in the whole, 90 of them are on the list in the last two years, of which 2/3 of them have increased their revenue; The annual growth (17%) of the leading enterprises of main commercial vehicle parts is significantly higher than 8% of the average value; The revenue of traditional enterprises is differentiated, the engine plate is improved, and other sectors (such as interior and exterior decoration) decrease; New energy vehicle parts sector is growing against the trend, with revenue and profit rising, and vigorously and continuously research and development.

Novel coronavirus pneumonia, a partner of Jan Dannenberg, Yang Dan, Germany, said that the overall sales volume of the global top 100 components contracted significantly, and the profit margin dropped by more than 50%, due to the impact of last year's new crown pneumonia. Ten years ago, only one Chinese enterprise could enter the top 100 in the world. Ten years later, on average, every 10 enterprises came from China, that is, 10% of the top 100 parts companies in the world came from China. It is expected that the proportion will continue to increase in the future.

Market risk still exists in the supply chain of accelerating the transformation of the industry

Xining said that with the development of electric, intelligent and network connected, China's auto parts industry has undergone great changes. Many leading enterprises have been transformed and upgraded, becoming the main responsibility under the new changes and leading the development of the industry. At the same time, the competition among international parts enterprises is more adhesive. In the face of the "new four modernizations", many leading enterprises strive to turn around and hope to continue to occupy the emerging market.

From the top 100 parts list of 2021, the overall profit margin of the enterprise has increased slightly, and the revenue of new energy vehicles and engine sectors has increased significantly. Among them, the new energy vehicle plate is rising rapidly, and M & A and R & D become two driving forces, leading enterprises have invested a lot in R & D; The engine plate, affected by the introduction of national six emission standards, rapid iterative upgrading of technology, acceleration of domestic engine substitution process, has led to the growth of enterprise revenue and R & D investment. Especially, the automotive electronics sector, affected by the epidemic, is unstable in the upstream supply chain, such as chip shortage and the overall revenue of the enterprise is declining. Traditional parts enterprises are facing the bottleneck of growth, and are increasing R & D investment to catch up with the new wave.

At present, the automobile industry is undergoing a comprehensive and profound century change, and the transformation and upgrading are in the key stage. In order to achieve the ultimate proposition of carbon neutralization in high quality, the parts enterprises need to actively change their value chain positioning and embrace the future of the industry.

Chenshihua, Deputy Secretary General of China Automobile Industry Association, pointed out that up to now, the production of vehicle enterprises is affected by chip shortage, with the impact span of 3% - 30%, and it is expected that the situation in the four seasons of 2021 can be significantly eased. At the same time, the rising of raw material price also directly leads to the price of related parts, which brings great cost pressure to enterprises, and aggravates the risk of whether the enterprise can achieve profit target.

Change value chain positioning, zero, CO plastic ecology and embrace the future

At the conference site, guijunsong, director, vice chief editor and editor in chief of China Automotive News Co., Ltd., presided over the round table forum on "supply chain change in the background of electric and intelligent automobile", Mu Jun, assistant general manager of BAIC new energy, wulijun, chief executive officer and spokesman of Chongqing Changan Automobile Products, zhuguangwei, vice president of Bosch China Guojishun, vice president of Junsheng electronics and guohuijun, a senior expert in auto parts industry, discussed the trend of the whole supply chain and the way to deal with the new four modernizations of automobile.

Mu said that traditional enterprises need to cooperate with suppliers in depth in the process of electric transformation, and can spend the "winter" that can not achieve profit through "holding together for heating".

Wu Lijun believes that the arrival of the era of "software defined automobile" has made the purchase supply chain change subversive, and the roles of the whole zero cooperation parties will often change from one another in the future.

Mr Zhu said Bosch has always adhered to the development of combining software and hardware. Last year, Bosch China Innovation and software development center was established in China at the group level, which is also to meet the challenges in the future. From the perspective of the length of cooperation, the parts are after-sale after the delivery of the parts in the past. After the delivery of the spare parts in the future, it is the beginning of the new value-added process or the start of a new business model.

In Guo Jishun's view, intelligent and electric technology brings the technology of automobile industry chain to the upstream, the integration degree of system and parts is constantly improving, and the trend of modularization and platform is prominent, which requires the supply chain enterprises to have stronger R & D and technology integration ability. At the same time, the definition ability of automobile moves down to the whole vehicle enterprise. The discourse power of vehicle enterprises defining functions and performance in complex systems increases, and suppliers form cooperative relationship with them and jointly develop.

Guo said zero cooperation is not only a supply or supporting relationship, but also an ecological relationship. It is very important that the vehicle enterprises regard suppliers as their own partners and ecological partners.

"China has been a big country in the production and marketing of new vehicles for many years in a row, and has shown strong vitality and cohesion in the outbreak. The world automotive industry center will also accelerate the transfer to China. China's auto industry will have a huge space for future development, which will provide a great strategic opportunity for the parts industry. We should be confident that the size and development space of China's market will be the core advantage of independent parts enterprises with unique advantages. " 'hining said.