The GEM plunged small and medium-sized building materials and furniture companies need to be cautiously entering the market

For a long time, the GEM has been called the land of domestic SME financing, and it has also been called the last piece of profit-making platform by investors. After the stock price surged after the opening, 28 stocks fell on Monday, which made many unlisted companies scream lucky. There are many enterprises in the building materials and furniture industry that refused to raise stock market financing. Many enterprises have strengthened their steady business policies from the experience of “God” and “Going to the GEM”. On Monday (November 2), 28 stocks of the GEM fell across the board. Compared with the first day of listing, 28 stocks shrank by 11.899 billion yuan on November 2, and the contraction rate reached 8.5%. This result made investors and listed companies unable to accept it at once, but let those based on the old law The building materials and furniture companies secretly breathed a sigh of relief. Among the furniture and building materials enterprises interviewed by the author, there are quite a few small and medium-sized enterprises with good performances. They have never thought of financing through listing means. The furniture brand Shuangli furniture in North China is the representative. At the 12th China International Furniture Fair, the author interviewed Mr. Li Zhijun, the general manager of Shuangli Furniture. He said that Shuangli Furniture has established the concept of “do not borrow money or borrow money” from the beginning of its business. Over the years, they have been using traditional management methods to accumulate assets of enterprises. In the interview, Manager Li said that Shuangli Furniture did not have any plans to raise funds. Enterprises with the same ideas as they do not occupy a minority in the building materials and furniture industry. "Listing means that your assets are in the hands of speculators." Many building materials and furniture business operators said that China's stock market is not like mature countries such as Europe and the United States. The intention of investors to trade stocks is higher than the long-term holding intentions. Enterprises can't find shareholders who can rely on them, but they have become a tool for profit-making in the capital market. "It is a good thing to get money, but as long as there is any unfavorable news, it is very difficult for SMEs like us to resolve quickly. This may lead to a big downturn in the capital market. If this is the case, then our company will be The stock market has been dragged down." A company that produces coating products made the above statement. In addition, these entrepreneurs who have earned the “Jiangshan” by relying on meager capital have not understood the operation methods of the capital market, which has made many building materials and furniture enterprises choose to be on the wall. These companies said that in order to capitalize on the capital market, they must first have a comprehensive and in-depth understanding of it. As an absolute novice, these building materials furniture SMEs believe that the old road may not have a way out, the most practical work of the company is the improvement of products and services. For those financing methods that are not familiar, most of them said that they will not consider it for the time being.

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Precision parts are critical components of various products and machines that require precision and accuracy. The five-axis machining technology has revolutionized precision manufacturing by enabling the production of complex geometries with unparalleled accuracy.


Five-axis machining involves the use of a computer numerical control (CNC) machine that has five axes of motion – X, Y, Z, and two rotational axes. This advanced technology allows the machine to produce intricate and complicated parts with high precision and accuracy. Unlike 3-axis or even 4-axis machining, the five-axis machine can rotate and tilt the tool to machine parts from different angles, providing greater flexibility in terms of geometry and design.


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