Industry Overview - The rapid development of key sectors in China's economy, such as automotive, shipbuilding, construction, petrochemicals, nuclear energy, and oil and gas transportation, has significantly boosted the demand for the upstream metallurgy industry, thereby driving the growth of the metallurgy equipment manufacturing industry [1][8] - The market size of China's metallurgy equipment manufacturing industry is projected to grow from 103.085 billion yuan in 2018 to 143.675 billion yuan in 2024, with a compound annual growth rate (CAGR) of 5.69% [9] Policy Support - The Chinese government has introduced numerous policies to support the metallurgy equipment manufacturing industry, focusing on large-scale, intelligent, and green transformation of equipment, as well as enhancing digital technology applications [2] - Specific initiatives include the "Copper Industry High-Quality Development Implementation Plan (2025-2027)" and the "Aluminum Industry High-Quality Development Implementation Plan (2025-2027)," which aim to promote innovation and the modernization of equipment [2] Industry Chain - The upstream of the metallurgy equipment manufacturing industry consists of raw materials and components, including steel, non-ferrous metals, castings, and forgings, which are essential for manufacturing [4] - The midstream involves the production and manufacturing of metallurgy equipment, while the downstream includes industries such as iron and steel, steel processing, and non-ferrous metal smelting [4] Production and Growth Trends - China's steel production is a critical raw material for metallurgy equipment manufacturing, with production expected to grow from 1.05 billion tons in 2017 to 1.4 billion tons in 2024, reflecting a CAGR of 4.2% [6] - The production of metallurgy equipment experienced a recovery in 2022, with output reaching 6.8849 million tons in 2024, a year-on-year increase of 0.63% [7] Competitive Landscape - The industry features a dual structure of international giants and domestic leading enterprises, with companies like CITIC Heavy Industries and China First Heavy Industries emerging as key players in the domestic market [9][10] - Domestic companies are increasingly capturing market share by leveraging local demand, cost-effectiveness, and rapid service response, challenging the dominance of foreign firms in certain segments [9] Future Development Trends - The industry is expected to focus on large-scale and extreme manufacturing capabilities, with advancements in equipment aimed at higher efficiency and lower energy consumption [12] - There will be a significant shift towards integrating smart technologies and digital twin systems throughout the equipment lifecycle, enhancing predictive maintenance and operational efficiency [13] - The trend towards green and low-carbon processes will become a core innovation direction, emphasizing the importance of carbon reduction technologies in equipment design and manufacturing [14]

报告发布方：中金企信国际咨询 项目可行性报告&商业计划书专业权威编制服务机构（符合发改委印发项目可行性研究报告编制要求）-中金企信国际咨询：集 13年项目编制服务经验为各类项目立项、投融资、商业合作、贷款、批地、并购&合作、投资决策、产业规划、境外投资、战 略规划、风险评估等提供项目可行性报告&商业计划书编制、设计、规划、咨询等一站式解决方案。助力项目实施落地、提升 项目单位申报项目的通过效率。 （1）冶金专用设备介绍：冶金工业作为国家经济和工业发展的基石，承担着支撑国家重工业和基础设施建设的重要职责，其不 仅是国家经济的重要组成部分，也是衡量一个国家工业水平和技术发展的关键指标。冶金工业的健康发展，对于保障国家经济 安全、提升工业竞争力和促进科技进步具有深远的影响。 在现代冶金工业的各个环节中，冶金专用设备扮演着至关重要的角色。其在提升生产效率、确保产品质量以及降低生产成本等 方面起到了关键作用，是冶金工业平稳运行和战略升级的重要支柱。冶金专用设备是指用于金属冶炼、轧制及深加工等生产环 节的专用设备，是冶金工艺实现的载体，可大致分为金属冶炼设备、金属轧制设备和其他类型的专用设备。 | 种类 | 细分产品 | ...

瑞财经 刘治颖 近日，江苏凯达重工股份有限公司（以下简称：凯达重工）披露北交所IPO辅导工作完 成报告，辅导机构民生证券。 股权方面，凯达重工由江苏国冶控股有限公司（以下简称：国冶控股）、常州嘉融创业投资合伙企业 （有限合伙）（以下简称：嘉融创投）、常州嘉德创业投资合伙企业（有限合伙）（以下简称：嘉德创 投）分别持股70.91%、14.55%、14.55%。 凯达重工的董事长兼总经理许亚南与万亚英为夫妻关系，系公司的实际控制人，分别持有控股股东国冶 控股60%和40%的股权。此外，公司的副总经理万伟华为许亚南的妹夫，董事、副总经理兼董事会秘书 蒋薇为万亚英的外甥女。 除3名独立董事外，凯达重工董事、监事、高级管理人员均为公司股东嘉融创投、嘉德创投的有限合伙 人，并持有嘉融创投、嘉德创投的出资份额。其中，许亚南持有嘉融创投和嘉德创投分别78.54%和 68.96%的出资份额，唐留平、钱百能、蒋薇各持有嘉融创投1.67%的出资份额，周国祥、万伟华各持有 嘉融创投1.46%的出资份额，蒋国耀、张伟国各持有嘉融创投1.25%的出资份额，季留平持有嘉融创投 1.04%的出资份额。 2023年10月16日，民生证券与辅导 ...

Core Insights - The report focuses on the development and investment opportunities in the stainless steel cathode plate industry in China from 2025 to 2031, highlighting the industry's growth potential and technological advancements [1]. Industry Overview - The stainless steel cathode plate industry has evolved from traditional copper cathode production methods, which were labor-intensive and inefficient, to more advanced stainless steel processes that reduce production costs and improve efficiency [4][7]. - The first successful application of stainless steel cathode plates in copper electrolysis was developed in Australia in 1978, with China adopting this technology in the 1980s [4][5]. Current Market Trends - The metallurgical industry is a cornerstone of modern industrial development, with the stainless steel cathode plate market benefiting from China's rise as a leading producer of steel and non-ferrous metals [6]. - The demand for stainless steel cathode plates is increasing due to their advantages over traditional methods, including shorter production processes, higher current efficiency, and lower energy consumption [7][8]. Future Development Trends - The industry is expected to see a shift towards automation and intelligent manufacturing, driven by market competition and the need for higher product quality [8][9]. - There is a growing emphasis on green manufacturing, with regulations promoting energy efficiency and environmental protection influencing the development of cathode materials and processes [10]. Investment Opportunities - The stainless steel cathode plate market is projected to grow significantly from 2025 to 2031, with increasing demand from various sectors such as automotive, shipbuilding, and energy [11][26]. - Investment opportunities are anticipated in areas such as system integration, energy-efficient technologies, and value-added services that extend the product lifecycle [11][12]. Regional Market Analysis - The report includes a detailed analysis of regional market distributions and growth potential across different provinces in China, indicating varying demand and supply dynamics [21][22]. Competitive Landscape - The competitive structure of the stainless steel cathode plate industry is characterized by existing players, potential entrants, and the threat of substitutes, with a focus on enhancing competitive advantages through innovation and customer service [23][25]. Conclusion - The stainless steel cathode plate industry in China is poised for significant growth, driven by technological advancements, regulatory support for green manufacturing, and increasing demand across various industrial sectors [26].