On October 19th, the 12th annual meeting of the automotive brake system industry and the automotive vacuum pump technology seminar sponsored by the Automotive Industry Association of the China Automobile Industry Association and the Automobile Brake Committee were held in Danyang, Jiangsu. The conference was organized by Jiangsu Meihua Machinery Co., Ltd., an automotive vacuum pump manufacturer, and received strong support from Danyang City Government and Danyang Automobile Parts Chamber of Commerce. More than 100 leaders from the China Association of Automobile Industry, the China Automotive Engineering Society, the Danyang Municipal Party Committee, the Party Committee of the Shanghai Municipal Party Committee and other relevant departments, experts, and key personnel of the automobile brake system and main engine plant attended the meeting. The conference discussed topics such as the domestic economic situation, the automotive, parts and components industries and the automotive brake industry, how companies and industries respond to the situation. Opportunity Outweighs Challenges in the “Four Modernization†Trend China’s economy has entered a new normal state of slowdown in growth, and the auto industry will continue to develop at a low rate. This is a crucial period for the development of self-owned branded parts and components companies. How to deal with the new normal is an important issue that companies must consider. Chairman of the Brake Committee Cai Zengwei analyzed the development situation of the current automotive industry and brakes in detail for the participants and stated that the self-driving car is a development trend and the smart network will develop rapidly. Zhu Mingyi, a professor at the Shanghai Party School of the Communist Party of China, analyzed the "three trends" of the economy, the necessity of innovation, and how to realize innovative thinking. Yan Jianlai, deputy secretary-general of the China Association of Automotive Engineers, pointed out that the industry has entered the new normal of low-speed development. Under the “four modernization†trend of the automotive industry, the opportunities for braking companies are greater than the challenges, and companies must also enhance the industrial competitiveness of their products. At the same time, it is necessary to have a collaborative development capability with the host plant. The participating experts all expressed that under the new normal, independent brands should speed up independent innovation and keep up with development trends. The conference organizer Jiangsu Meihua Machinery Co., Ltd. is a company that specializes in making vacuum pumps. It has developed very rapidly. At the meeting, Wang Xiaolong, the company’s technical director, introduced and explained the current status, market prospects, and trends of the vacuum pump industry. Wang Xiaolong stated that in the future market, the vacuum pump will become an indispensable key component. It is estimated that by 2020 the domestic market for vacuum pumps will reach more than 10 million and will accelerate. At present, the problem facing private enterprises is that independent brands are still starting, and multinational companies occupy most of the markets. Therefore, it is necessary to increase investment in research and development, control product quality, increase production levels, and meet market requirements. Accelerate Product Upgrades Facing Market Challenges In the face of this increasingly fierce market competition, independent brands have also responded to challenges in a series of ways. Meihua has been accelerating itself in terms of independent innovation and product upgrading. It is understood that its automotive vacuum pump laboratory has been officially opened to fill the domestic gap; the pump-specific machining center and vacuum flexible assembly line is a domestic initiative, has also been officially running; at the same time, with HIT, Tsinghua University and other key universities, China Automotive Engineering Society Participate in the preparation for the establishment of a provincial automotive vacuum pump research center. Wei Meifang, chairman of the company, stated that Meihua has won several awards for technological innovation. In the future, it will continue to work hard to make the automotive vacuum pump better and stronger. Hubei Jingchuan Intelligent Company explained the assembly and detection technology of automotive vacuum pumps. Qingdao Taixike Environmental Protection Company introduced comprehensive solutions for the prevention and control of exhaust gas in the automotive industry. Dongguang Aowei introduced a series of research results of electric vacuum pumps for vehicles. Representatives of participating companies have asked questions and discussed issues such as industry development and enterprise achievements. Chen Kewen, Minister of Technology Development of National Non-metallic Mineral Products Quality Supervision and Inspection Center, introduced new equipment and technologies for automotive brake linings in detail. Chen Kewen stated that China's automatic lining has been moving toward automation. However, there is still a certain gap with foreign-funded enterprises. Therefore, enterprises must speed up the adjustment of the industrial structure of automobile brake linings and optimize the industrial structure; raise the degree of industrial concentration and vigorously carry out technology Transformation, as soon as possible to reach the international advanced level. More vacuum pump information is available at China Vacuum Pump Trading Network (/). 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October 10, 2024