From May 24 to 26, 2023, the "Third Session of the Third Member Congress of the Pile Machinery Branch of China Construction Machinery Association (2023 Annual Conference)" was held in Nanjing. Industry members gathered together to discuss the current state of the industry, share development achievements, exchange business strategies, and jointly promote the sustainable and healthy development of the industry. Huang Zhiming, Secretary-General of the Pile Machinery Branch, attended the conference and presented the industry report "Overcome Inertial Thinking and Deeply Tap Growth Potential."

Analysis of the Operating Conditions and Underlying Logic of the Pile Machinery Industry

Behind the goal of "deeply tapping growth potential" there must be sufficient data support. Secretary-General Huang Zhiming provided a general analysis of the overall operating conditions of the pile machinery industry over the past four years. The analysis covered changes in domestic new machine sales and export sales for rotary drilling rigs, diaphragm wall equipment, full-slewing drilling rigs, static pile drivers, pile frames, multi-axis drilling rigs, and TRD equipment. Data shows that over the past four years, domestic sales in the pile machinery industry have declined, exports have grown, and the overall market has contracted, but new product development has accelerated and the export share has gradually increased.

Secretary-General Huang pointed out that there must be underlying logic behind the apparent operating conditions of the industry. Today, high-quality development has become the primary task in the domestic pile machinery field and even in other fields. Innovation is the primary driving force, and it will continue to promote innovation in technology, systems, and models. In addition to innovation, the dual circulation strategy and supply-side structural reform will be launched.

The Impact of Changes in the Real Estate and Infrastructure Markets on the Industry

At present, the world is undergoing accelerated evolution of major changes unseen in a century, and the domestic economy is in a period of profound transformation in the drivers of development. The two major markets of the pile machinery industry—the real estate industry and the infrastructure industry—are also undergoing deep adjustment and transformation. The real estate industry is declining, while the infrastructure industry is focusing on industrial transformation and upgrading while paying more attention to investment returns. Based on the tremendous changes in these two major industries, the pile machinery industry should also keep pace with the development and changes of the times and deeply tap the industry's development potential.

Overcome Inertial Thinking and Deeply Tap the Industry's Growth Potential

After analyzing the industry's development in recent years and the changes in the two major markets, Secretary-General Huang Zhiming presented the core of his speech: overcome inertial thinking and deeply tap the industry's growth potential. The "market prosperity" brought about by policy stimulus will no longer exist. Enterprises should tap growth potential from the perspectives of supply-demand relationships, products, and customer service, and he proposed horizontal expansion in domestic and international markets, vertical expansion through product cycles, and collaborative development along the industrial chain to deeply tap growth potential.

The "Third Session of the Third Member Congress of the Pile Machinery Branch of China Construction Machinery Association (2023 Annual Conference)" has come to a successful conclusion. Secretary-General Huang Zhiming's special speech, "Overcome Inertial Thinking and Deeply Tap Growth Potential," cleared the clouds of development for participating enterprises. In 2023, enterprises in the pile machinery industry will advance high-quality development under the new pattern of "great changes," grasp the pulse of development in the new era, focus on transformation and upgrading and the reconstruction of the industrial system, and achieve high-quality and sustainable development of China's pile machinery industry.