wen | juchao xiaoluyu

bianji | yangxuran

10yuezhongxun，yinzhongdazichanzhongzutingpaiduoridesongfagufen，fabulezichanzhihuanzhongzuyuan，jihuatongguozhongdazichanzhihuanjifaxinggufengoumaizichandefangshi，huodehenglizhonggong100%deguquan。

gaigongsijiangcongyuanlaideriyongtaocizhipinzhizaoxingye，tuibianchengzaochuanyezhongzhongyaodeminyingjigou。songfagufenhehenglizhonggongdeshijikongzhirendoushihenglijituandedangjiarenchenjianhua、fanhongweifufu，cijuyebeishizuohenglijituantishengzaochuanyequanzhongdelichengbeishijian。

suiranquanqiujingjifazhanmianlinzhezhuduobuquedingxing，danzaochuanye，youqishizhongguozaochuanyedefanrongyijingshimingpai，shijijufazhanquedingxingdelingyu。yinci，rengzaixiyinzhongliangjizibendejiamatouru。

binggouzhongzuzuoweiyizhongzibengongju，yezaizheigeguochengzhongyouleyongwuzhidi。jiuxiangsongfagufenzheigezhiqianyunzuodebingbutaichenggongdeqiaoziyuan，benciyouwangfahuizhongyaodezuoyong。

erzhongguochuanboyuzhongguozhonggongzheilianggeguoqilaowanjia，yeyouwangtongguobinggouzhongzuchengweixindejuwuba，daibiaozhongguochuanqizaishijiefanweineihuodegengdadehuayuquan。

01 订单

zheiliangnianzhongguodexinlaozaochuanqiyemen，pinpinchuanlaizaishoudingdan、xinzengdingdandehaoxiaoxi。

chengliyu2022nian7yuedehenglizhonggong，kaopaixiastx（dalian）zaochuanyouxiangongsideng13jiagongsimingxiazichankuaisushangshouzaochuanyewu，shouzhichuan6.1wandundazongsanhuochuanzai2023nian3yuekaigong，yinianhoubianyitiqianwanchengjiaofu。

genjuclarksons，henglizhonggong2024nianzhijindexinqiandingdanguimowei182wancgt，zaishoudingdanzhongdesanhuochuanzhanbizuigao，dadao43%，jizhuangxiangzhanbiyue29%，zhengtidingdanguimozaiquanqiupaimingyuedishiwuming。

minyingchuanqizhongshuyishuerdeyangzijiangchuanye，2024nianzhijindexinqiandingdanguimowei286wancgt，zaishoudingdanchuanxingyijizhuangxiangchuanweizhu，zhanbidadao60%，qitichuan、sanhuochuan、youlungezhan11%、10%、10%。

guozichuanqizhong，zhongguochuanboqixiajiangnanzaochuan、waigaoqiaozaochuan、guangchuanguoji、zhongchuanchengxisidazaochuanchanghejizaishoudingdan1269wancgt，zhongguozhonggongqixiadalianzaochuan、wuchangzaochuan、beihaizaochuanhejizaishoudingdan562wancgt，guangkanhebinghoudedingdanliangbianzhixingyelongtoudiweijianggengjiawengu。

zhongguochuanqizaidingdanshangdeqiangshibiaoxian，rangrenminbijiesuandexinzengchangjingyesuizhierlai。

zhongguochuanboqixiadehudongzhonghuajinqixuanbu，jiangweijianadaseaspanjianzao6sougongsizizhuyanfade13600teudaxingjizhuangxiangchuanjianzaohetong，bingtidaogaipidingdanjiangcaiyongrenminbijiesuan，shiqijinweishubuduoyouguowaichuandongyizheiyixinzhifufangshizhijiezaizhongguochuanqiqianxiadezaochuandadan。

xuzhi2024nianshangbannian，chukouchuanbozhanzhongguochuanqixinjiedingdanliangde93.5%，yejiushishuozhongguochuanqidejuedabufenkehushiguowaichuandong。jieshourenminbijiesuanzheigexinfangshideguowaichuandongyueduo，zhongguochuanqijiuyuenengjianshaohuiduifengxianhelilvfengxian。

zheiqishiyeshizhongguochuanqizaitansuoruheyingdui“dingdantaiduole”zheizhongfannao。

yinweizaochuanzheizhongzhonggongyexingye，shengchanzhizaozhouqijiaozhang，chuanqizaijiedaodingdanzhinengshoudaobufenshoufukuan，xuyaozijiyidingdanweidanbaoxiangyinxingjiekuangoumaicailiaoshebei、zhifurengongfeidengfeiyong。zuihouchuanboxiashuijiaofu，chuanchangshouhuihuokuanbingchanghaiyinxingdaikuan。

zhongguochuanqishouwoduobidingdan、tongshijianzaoduosouchuan，jiuxuyaoyizhiweichizhejiaogaodeyinxingdaikuanzongjine，bingqiemeinianzhifujiaogaodecaiwulixi，duichuanqidelirunlvqishihenyouyingxiang。

hudongzhonghua2024nianshouruyuji230yi，jinglirunlvlixiangqingkuangxiayecai4%，zhongguochuanbojinglilvchabuduoyeshizheigezheishuiping，zhongguozhonggongdejinglilvzegengdi，muqianzhiyou2.44%。dangranzheilimianyeyouqianqichengjiededijiadingdanladiledangqijinglilvdeyingxiang。

dingdanshuliangyuchannengzhijiandemaodunyebutaihaopingheng，zaochuanxingyebingbushikeyijiang“boliduoxiao”dedifang，sizaikuochannengzheijianshishangdezhonggongyeqiyeyebushao。duixianzaibuquedingdandezhongguochuanqilaishuo，wanquankeyisikaogengzhangyuandeshiqing。

02 融资

rongzichengbenduichuanqilaishuo，chengdeshangshengsiyouguanzhishi。chuanboxingyeyinweidingdanjiaofuzhouqideyuangu，feichangyilaiyinxingdaikuan，jiekuanlilvbujinnengjuedingchuanqideshengsi，shenzhihainengyingxiangyiguochuanboxingyedexingshuai。

zheijinianhanguozaochuanyebeizhongguobixiaqu、shuaikailai，jiuyouliangguolilvchayideyinsu。

hanguogensuimeilianchujiaxibufa，2021nianxiabannianyilaiduocishangdiaojizhunlilv，duocicaiqujiangxihejiangzhundecuoshi。muqianzhongguodaikuanlilvyijingjiaohanguodi40%yishang，bizhuyaojingzhengduishougengdidezibenchengbenweizhongguozaochuanyedailailegengdadejingzhengyoushi。

zhongguoyounengli、youguimodechuanborongzijigouyeduo，genjulaoshiribaofabude2023nianshidachuanborongzijigoubangdan，zhongguojinchukouyinxingyi185yimeiyuandediyadaikuanzuhe，wenjuquanqiudierdachuanborongzijigou。

jiaoyinjinzuzeyongyouyu180yimeiyuandechuanbozichan，shizhongguozuidadechuanbozulingongsihequanqiudingjidechuanborongzigongsi。

danshizaiyinxingjiekuanzhiwai，guquanrongzishifouyenengweichuanqipaiyoujienanni？congxingyelingtouyang“zhongchuanxi”dezhongzhongzibenyunzuolaikan，zheishiyoukenengde。

2019nianzhongguochuanbogongyejituanyouxiangongsi（“nanchuan”）yuzhongguochuanbozhonggongjituanyouxiangongsi（“beichuan”）shishilianhezhongzu，xinshezhongguochuanbojituanyouxiangongsi。houlaigaigongsiwulunshijinglilvhaishiroe，doumingxiangaoyuchuanbozhizaoxingyedepingjunshuiping。

2023nian，zhongguochuanboquanzizigongsiwaigaoqiaozaochuanyizhaiquanhuandehaiyungufen34.97%guquan，zaibuzhanyongjingyingxianjinliudeqingkuangxiajidichonglejuejianzhihuaizhang，younenghuanquyijiayouzhichuanyungongsiweilaiyewufazhandezhangqishouyi。

rujinzhongguochuanboyoujianghuanguxishouhebingzhongguozhonggong，xiangbiyuxianjinshougou，huanguxishouhebingkeyijiangdijiaoyichengben、jianshaoxianjinliuchuyali。buguancongchanyezhenghehaishizibenshichangbiaoxianlaikan，doushiyizhongxiangduidaijiaxiao、shouyidadecaozuo。

henglizhonggongdeqianshenstx（dalian）zaochuanyouxiangongsi，yeyinweishangshigongsicaodaodebinggouzhongzu，youwanghuodexinsheng。

genjusongfagufengonggaodejiaoyifangan，chuzhongdazichanzhihuanwai，haibaokuofaxinggufengoumaizichan、xiangbuchaoguo35mingtedingtouzizhefaxinggufenmujipeitaozijin，tongguoguquanrongziweihenglizhonggongzheijiacaiwuzhuangkuanghaizhengzhazaiyingkuipinghengxianshangdechuanqishuxue。

zaicizhiqian，henglijituanyijingzaiyongneibuziyuanweihenglizhonggongpulu，birugenjuhenglishihuadegonggao，2023nianhenglishihuayuhenglizhonggongjiqikongzhigongsifashengle2.07yiyuandeguanlianjiaoyi，jiaoyishixiangweixiangqicaigoushangpin、shebeideng。

zheizuocengjingdebeifangzuidadantichuanchang，lijingjin10nianshiyucipaimaijunyiliupaigaozhong，zhidaobeihenglijituanjieshoubingdaoruqiaoziyuan，caisuanshizhongxinhuidaoledazhongshiyeli，weilaiyejiangyougengduoderongzikenengxing。

03 景气

meidangbinggouzhongzuhuatidushenggaodeshihou，touzizhenanmianhuidanxinyoushizibentuolichanyeshijidechaozuoxingwei。danyichuanboxingyemuqiandejingqidulaishuo，dequezhidexinlaowanjiajinlaitengnuozichan，hezonglianheng，haohaoyunzuoyifan。

chuanboxingyedangxiadefazhankongjianshiguangkuode，genjukelakesentongji，chuanbotouziefangmian，yuji 2024 zhi 2034nian，quanqiuchuanbotouzixuqiuzongeyujijiangda 2.3 wanyimeiyuan，qizhongxinzaochuantouzixuqiuyue 1.7 wanyimeiyuan。

suiranquanqiujingjidahuanjingcunzaiyixiebuquedingxing，buyidingfuhejingdiande“jingjizengzhang→hangyunshichangfanrong→zaochuanshichangfanrong”chanyeguilv，danshiquanqiufanweineidechuanbo“laolinghua”wentitongyangkeyidailaizaochuanqiyededingdan。

youquanshangcesuanguo，quanqiupingjunchuanlingzai2023niandadao13.7nian，yishuliangji41.8%chuanbochuanlingchaoguo20nian，zaiciqingkuangxia，zhiyaohaiyunmaoyixuqiujiyunjiabuchuxiandahuapo，weilaijinianbiranyongxiandaliangchuanbochaijiebingcuishengchuanbogenghuanxuqiu。

xuqiukeguan，dannengchengjiedechannengqueyouxian。zheicuishengleliangjiaqishengdeluoji。

2008nianjinrongweijihou，quanqiuchuanchangdoujingliledaliangpochanhezichanzhongzu，huoyuechuanchangshuliangcong2008niande1033jiaxiajiangzhi2024nian8yuede376jia，zhongguohuoyuechuanchangshuliangzecong2008niande464jiaxiajiangzhi2024nian8yuede161jia。

zhongguochuanqimuqiandechannengyouduoshao？genjuzhongguochuanbogongyexingyexiehuishuju，2024nian1-9yue，woguozaochuanwangongliang3634wanzaizhongdun，tongbizengzhang18.2%；xinjiedingdanliang8711wanzaizhongdun，tongbizengzhang51.9%；jiezhi9yuedi，shouchidingdanliang19330wanzaizhongdun，tongbizengzhang44.3%。

zheisandazaochuanzhibiaoyizaizhongdunji，zhongguodechannengfenbiezhanlequanqiuzongliangde55.1%、74.7%he61.4%，chuyujueduidelingxiandiwei。erqiecongzhongguodechannengliyongjiancezhishukan，dangqianzaochuanshichanggongbuyingqiu，xinchuanzaojiazaiweilaiyiduanshijianneihuiweichigaowei。

youliketu，ziranjiunengxiyinxinwanjiajinru，yenengranglaowanjiaxiangchuxincaozuo。

zaojiukaiqiguojihuazhanlvedehenglijituanxuanzejinjunzaochuanye，yifangmianshiyinweiyouliyuchanyeduoyuanhua，kaituoxindeshouruzengzhanglaiyuan，lingyifangmianyeshiyinweizaochuanyewujiangweihenglideyuanyou、meitanhechanchengpinyunshutigongzhicheng，tongyangyouliyuhenglixianyoudeyewu。

suiranzaochuanzheijianshimenjianbudi，danshiyizhongguochuanboxingyedefazhanchengshudu，henglicishijiarusaidaodeweixianchengdubingmeiyoushinianqian，yejiushistx（dalian）zaochuanyouxiangongsipochandeshihougao。

congjishujiaodulaikan，qunianzaochuanyede“sandamingzhu”,jihangmu、daxing lng chuan、daxingyoulun，yijingbeizhongguoquanbuzhaiqu。

jibianzaihanguojubeilingxianyoushide lng chuanlingyu，zhongguoyezaizhubucanshiqifene，quniandaxing lng chuanhanguodejiedanfenehaiyou80%，zhongguozhiyou20%，jinnian1-9yuehanguodejiedanfeneyixiahuadao 62%，zhongguozetishengdao 38%。

jiashanglilvhelaodonglichengbendechaju，cixiaobizhang，hanguochuanqideyoushijiugengbumingxianle。cengjingshihanguoqiyedestx（dalian）zaochuanyouxiangongsi，rujinzichanyeyaobeihenglizhongxinpanhuo，mingmingzhizhongqibushiziyoutianyi？

zaoyishixingyelongtoudezhongguochuanbo，zeyaosikaoruhebimianxingyeexingjingzheng、tigaozhongguochuanqizaiguojishanghuayuquandewenti。tilianggouda，shuohuacainengyoudiqi，genghekuangchuanboxingyedejizhongdubenlaijiuyoutishengqushi，ziranxuyaoshoubinggoudengzibengongju。

lishishang，ri、hanchuanbochanyeyeshipingjiezhezhengfucaishuiyouhuizhengce，chuanbopeitaochanyeliandebuduanwanshan，yijitoubuchuanqihebingzhongzuhezhuanyehuafengong，caishixianlegaixingyedefanrongchangshengyuguojilingxian。erxianzaizhongguogaoceng、jinrongjigouhechuanqizaizuodeshiqing，youhechangbushirucini。