The manufacturing sector has been facing significant challenges due to a lack of technological advancements and rising costs, causing many companies to struggle. In the past, high-tech firms were seen as industry leaders, highlighting the struggles faced by traditional manufacturers. Although macroeconomic data has shown improvement since the third quarter, infrastructure development, particularly in areas like high-speed rail, has primarily benefited larger companies rather than smaller manufacturers. For instance, the photovoltaic industry in Hebei Province has seen a decline in performance. According to recent data from the provincial information industry and IT association, by the end of September, the province’s electronic information industry had generated a main business revenue of 63.055 billion yuan, representing a year-on-year decrease of 12.10%. The manufacturing segment within this industry saw its main business revenue drop to 51.948 billion yuan, a year-on-year decline of 15.78%. Many small and medium-sized enterprises in the photovoltaic sector have ceased operations, while large enterprises have incurred losses. This situation is harsher than the aftermath of the 2008 financial crisis.
Yingli and Jinglong Group reported a main business revenue of 18.852 billion yuan from January to September, a year-on-year decrease of 22.66%, which is 15 billion yuan less than the same period last year. Their total profit fell from a loss of 2.138 billion yuan last year to a loss of 1.626 billion yuan this year, a year-on-year reduction of 5 billion yuan. The steel industry is undergoing a difficult phase of consolidation, with many locally developed family businesses unlikely to recover. In September, the Economic Observer reported that in the Wu’an area of Hebei, private steel enterprises have a total capacity of 5,000-6,000 tons, and almost none of these projects have received formal approval from the state. An unnamed manager of a private steel company in Wu’an stated that according to national policy, any new blast furnaces must be submitted to the National Development and Reform Commission for approval, yet no such approvals have been reported in Wu’an. Over the past six or seven years, and even in the last decade, the National Development and Reform Commission has rarely approved steel projects initiated by private enterprises. However, due to favorable market conditions in the past five to ten years, many private enterprises ignored these regulations. Consequently, 50% of the current steel production capacity remains unfiled.
Manufacturing across the nation is struggling, with no bright spots visible. In the first eight months of this year, small and medium-sized enterprises in Lanzhou faced difficulties, with 101 SMEs being restricted from production—30 were restricted, and 71 were completely shut down. Some large and medium-sized enterprises have resorted to "flexible production." From January to July, the city's above-scale industries completed a main business revenue of 101.18 billion yuan, an increase of 3.6%. However, affected by the downturn in the national industrial economy, the supporting role of large enterprises has weakened. Out of 100 key industrial enterprises, 34 have experienced negative growth in industrial output value, and sales revenue has dropped significantly. The plight of traditional manufacturing has spread to large and medium-sized enterprises, worsening the ecological chain. Smaller enterprises are disappearing, leaving larger ones struggling to survive.
Domestic sportswear companies are also feeling the pinch. Peak Sports reported that as of September 30 this year, its authorized retail outlets in China numbered 6,739, a decrease of 1,067 from the previous year. The company's order status is also concerning, with the total order value of the trade fair in the second quarter of 2013 declining by 20% to 30%. Meanwhile, Li-Ning Group continued to close inefficient stores, shutting down 1,200 unprofitable locations in the first half of this year, representing 15% of its total. As of June 30, the number of regular stores, flagship stores, factory stores, and discount stores operated by Li-Ning stood at 7,303, a decrease of 952 from the previous year. Additionally, Anta Sports has reduced its store count by 110 this year.
In August, officials from the SMEs Department of the Ministry of Industry and Information Technology expressed concerns about the ongoing economic downturn, stating that the crisis is spreading from small and micro enterprises to medium-sized enterprises. While previously focused on reducing burdens for small and micro enterprises, attention must now extend to larger enterprises. The pressure on medium-sized enterprises is mounting, and there is an urgent need for tax relief. Recently, the Ministry of Finance and the National Development and Reform Commission have taken steps to cancel certain administrative fees for small and micro enterprises. However, these measures have led to mixed results, with some companies rushing to claim exemptions while others face financial constraints.
Reform is essential. Clear expectations regarding taxes and fees must be established to help honest operators assess industry prospects accurately. Long-term enterprises will play a crucial role in mergers and acquisitions during economic downturns. The non-public economy must be supported practically, with monopolies broken to attract private capital into sectors such as energy. Private capital must be given equitable management and dividend rights, along with a robust fiduciary responsibility framework.
An entrepreneur in Wenzhou's pipe industry emphasized the need for a level playing field. He called for stronger quality supervision to eliminate unethical enterprises and foster a safe, competitive environment for forward-thinking entrepreneurs. A high-tech company chairman similarly dismissed the need for direct intervention, instead advocating for robust intellectual property protection to ensure innovators thrive.
In conclusion, addressing the challenges in traditional manufacturing requires a multifaceted approach, including structural reforms, fair competition, and fostering innovation.
Meniscus cylinder Lens can increase the NA of the system while only adding slightly to the total spherical aberrations. The Negative Meniscus cylinder Lens is used to increase the focal length of another Cylindrical Lens while maintaining the angular resolution of the optical assembly. This lens shape is best used when one conjugate is relatively far from the cylindrical lens.
Some styles of cylindrical lenses have antireflective coatings to increase the transmission of light through the lens.
Fused silica cylinder lenses are ideal for demanding laser machining and medical applications.
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                                        Positive Meniscus cylinder Lens
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Specification of our meniscus cylinder lens or Plano-Convex Cylindrical Lens as follow:
*Material: BK7,Ge,UV-grade fuse silica(JGS1,JGS2,JGS3)or other optical materials
*Dimension Tolerance: +0.0 -- -0.1mm
*Center Thickness: +/-0.1mm
*Focal Length Tolerance: +/-1%
*Surface Quality:20/10
*Surface Figure: lambda/2 at 633nm on plano side
*Clear Aperture>90%
*Chamfer: 0.25mm at 45 degree typical
*Coating Optional
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China Star Optics Technology Co.,Ltd. , https://www.csoptlens.com