In recent years, small motor industry showed great vitality, production scale and economic benefits have been greatly improved, the deepening of enterprise restructuring and massive entry of foreign capital, so that the industry situation has undergone new changes, showed the following characteristics:
First, the small motor industry after nearly 20 years of development, production scale and economic benefits have been greatly improved, especially in recent years to accelerate enterprise restructuring work, to the whole industry to bring new vigor and vitality. Past two years, Xianxima Electric Group Co., Ltd., Changsha Motor Factory Co., Ltd., Jiangsu Dazhong Electric Co., Ltd. and other enterprises carried out further restructuring, adjustment of product structure, promote the rapid development of enterprises. However, some restructuring of enterprises is not very successful way to change based on full ownership of the asset structure of state-owned enterprises, although to a certain extent, to mobilize the enthusiasm of employees, but the average of the ESOP formed a new big pot and egalitarianism , so that the original form of the state-owned enterprise restructuring and operational mechanism is no essential difference.
Secondly, the emerging Enterprises Merge to "backdoor production" approach, has achieved rapid development. If Taizhou New Shanghai Motor Factory merger control motor plant in Nanjing, Zhejiang, Anhui, Olivier M Chaoyang motor factory, etc., are taken in this way merger successful. In recent years, financial strength of the enterprise group also accelerate M small motor business. 2003, Midea Group acquired a stake in Jiangsu Qingjiang Motor Co., was established Qingjiang Welling Motor Manufacturing Co., in addition to production Y series, Y2 series, YB2 series three-phase asynchronous motor, but also the production of high-voltage motors and other products, the basic formation of small , medium and large motor pattern into a strong competition in the market. Wolong Holding Group and a joint venture between the municipal government of Wuhan, Hubei Wuhan Wolong Electric Co., Ltd., one year after the operation, the acquisition of state-owned shares in Wolong, creating a state-owned enterprises transformed into private enterprises paradigm.
Third, foreign investment and international well-known enterprise group has most of the motor into our small motor industry, on one hand, domestic enterprises technological progress, improve the management level, expanding exports is good, but also on the domestic market, a tremendous small motor the impact, which should attract the attention of enterprises. Currently, foreign-funded enterprises to enter the small motor industry, more attention and participation of state-owned enterprise restructuring and privatization, their attention is aimed at enterprises with good business performance, including listed companies. In recent years, foreign investment in China has entered a new phase, foreign acquisitions of Chinese enterprises also showed some new features, the company engaged in the production of motors such as ABB, Siemens, etc. have invested in small and medium domestic motor industry, in order to occupy the domestic market and lay a solid foundation.