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原裝baumer編碼器GXMMS.E04 100819027.001
瀏覽次數(shù):2193發(fā)布日期:2021-01-18

品牌介紹:

 

baumer  HG16 D 250

Baumer Thalheim GmbH & Co. KG    KTD4-1.5SA4Y10CW A-Nr??319693

baumer  ITD27A4Y4032HBXD10SR4E14

baumer  HOG 10 DN 1024I Ser.Nr.1788047

baumer  IFFM04P1501/O1L

baumer  MDFK10G8124/N16

baumer  CTX3B3B220

baumer  CTX3B3B59A

baumer  BDH 16.25W5000-L0-A,pls see the picture

baumer  BDH 16.25W5000-L0-A,pls see the picture

baumer  FHDK07P6901

baumer  Type : ITD 21 A 4 Y82 512 T NI KR1 F 14 1024

Baumer IVO   GI355.070C234+Z141.007

baumer  GI355.070C315 100858120 018

baumer  FRAM 12P1001/S14L

baumer  FRDK 14P6901/S35A

baumer  FZAM 12P1104/S14

baumer  IFRM 12P1701/S14L

baumer  11061939

baumer  11062275

baumer  11063361

baumer  11075778

baumer  HOG10 DN 1024 I 700000498435

baumer  IFRM O5P35A3/S35L

baumer  ESG 32SH0200

baumer  OGS72 DN 1024 R????8??

baumer  OG71 DN 1024 CI

baumer  HOG 10 DN 1024 I SN:700000432760

baumer  FSL SN:700000432760

baumer  ITD21 A4 Y36 1024 H NI KR2 S 12

baumer  ITD21 A4 Y36 1024 H NI KR2 S 12

baumer  ESW 31SH0500

Baumer Thalheim GmbH & Co. KG    ITD21H00 1024H NIS21SGBE14

baumer  IFRM 12P1701/S14L pnp

baumer  ITD21 A4 Y36 1024 H NI KR2 S 12

baumer  CH-8501??OADM 20I6480/S14F

baumer  CH-8501??FZDK 14P5101/S35A

baumer  1G24K512-L2-5

baumer  HOG10 D 1024 I SN:700000512863

baumer  BMMV 30S1G24C10/15C55

baumer  OGS71DN1024R

baumer  xsen pdrb e002.s14.c410 code:139388

baumer  PDRB E002S14C410

baumer  O500.GR-11121916 E511

baumer  O500.GR-11121916 E511

baumer  BFF1G.24K512-L2-9

baumer  BPMD14 G1P24C 13/16-KA-G

baumer  IFRM 05P15A1/S35L

baumer  IFRM 08P17A1/S35L

baumer  BHK 16.24K400-I2-5

baumer  BHK 16.24K400-I2-5

baumer  IGYX 18P17E3/L

baumer  UZAM 50P6121/S14

baumer  see the picture

baumer  ESW 31SH0500

baumer  IGYX 08N17B3/S35L

baumer  OADM 20/4481/S14C

baumer  BHF 16.24K5000-12-5

baumer  OGS72 DN 1024 ?R????8??

baumer  OG72 DN 1024 TTL????8??

baumer  OGS71 DN 1024 ?R

baumer  OG72 DN 1024 ?R????10??

baumer  OG72 DN 1024 TTL????10??

baumer  OG71 DN 1024 ?R

baumer  OG72 DN 1024 ?R????8??

baumer  OG72 DN 1024 CI????10??

baumer  OGS72 DN 1024 ?R????10??

baumer  OG71 DN 1024 TTL

baumer  OG72 DN 1024 CI????8??

baumer  OG71 DN 1024 CI

baumer  POG9GD1024I/D100I

baumer  OADM 20I6480/S14F

baumer  FZDK 14P5101/S35A

baumer  11059808

baumer  ATD2SB14Y2412/12SRGRD2SR17M10

baumer  GXMMW.Z41\24VDC

baumer  ESG34AH0500

baumer  HAUMER ??? Order number: 700 000 498 435

baumer  OADM 20I4560/S14C 30..130MM 141580

baumer  OADM 20I4540/S14C 30..50 MM 133584

Baumer GmbH      11110701 Desc??PBCN-1.3.B15.R.A1.14.03.2.1 965766 10

baumer  11110701 Desc??PBCN-1.3.B15.R.A1.14.03.2.1 965766 10

Baumer GmbH      11110701 Desc??PBCN-1.3.B15.R.A1.14.03.2.1 965766 10

baumer  GXMMW.Z41\24VDC

baumer  ATD2SB14Y2412/12SRGRD2SR17M10

baumer  FPDC 10P1101/KS35 C51

baumer  FHDK 10P1101/KS35

Baumer Huebner  HOG131 DN1024 I Nr.700000742290

baumer  OHDK 10P5101/S35A

baumer  FHDK 10P5101/S35A

baumer  U220.011A12D 106016

baumer  POG9 DN 1024 VB=+9??.30V SER -NR .1885482

baumer  POG 9DN 1024 VB=+9??.30V SER -NR .1885482

baumer  IFRM 08P/L/4M

baumer  IFRM 08P1701/PL

baumer  LBFS-01111-C 11046112

baumer  LBFS-01111-C 11046112

baumer  LBFS-01111-C 11046112

baumer  IWRM 30I9501

baumer  RTD 1 B14 Y 3 P17 10 0.5 D2SR12 10 IP65

BAUMER HUEBNER GMBH  POG 10 D 1024 SN 2284387

baumer  CFAH 30P3200/S14

Baumer IVO   G1355.070C239

baumer  see photo

baumer  BHF16.24K10-E2-9

baumer  LBFS-01111.0+LB020,24vdc,pnp

baumer  FVDK 12P6410/S35A

baumer  FVDK 10N69Y0

baumer  ZADM 023H151??0011

baumer  FTDR 0201175

baumer  HOG10DN1024I+FSL S/N:2411603

baumer  AFI4-5630.4002.0100

baumer  IFRM065P1701

baumer  IFRM08N1701/S35L

baumer  IFRM08P1701/S35L

BAUMER HUEBNER GMBH  K35,d1=10/d2=11,35mm*38mm

baumer  BHF 16.25W1024-E2-A

baumer  IFRM 12N1101/S14L

baumer  IFR08.26.15/L

baumer  FSDK 10D9601/S35A

baumer  MHGP400 B5 G250 UN2048 C,11095950

baumer  MHGP100 B5 G38 UN2048 C,11095939

BAUMER HUEBNER GMBH  PHOTO

baumer  PHOTO

baumer  MHGP400B5G250UN2048C

baumer  MHGP100B5G38UN2048C

baumer  PDRB E002.S14.C460

baumer  G0M2H.010A102

baumer  GM400.A10A304

baumer  BMG.5G 24C4096/10600518

baumer  POG 9 DN 1024 I Nr.1320738

baumer  POG 9 DN 1024 I Nr.1467386

baumer  BMMH 30D1G05C10/15P69

baumer  OHDK14P5101/S35A

Baumer Huebner  AMG11S13Z0/ HM93M23080-K60

Baumer Huebner  HOG 71 DN 1024 CI SN 1896932

baumer  11094662

baumer  BHF16.05A4096-12-A

baumer  BMSH58S1G24K10/00P25

baumer  FHDM12P5001/S36A

baumer  flextemp 2301 type:23010001c

baumer  IFFM08P37A3/O1S35L

baumer  MY COM L75P80/L

baumer  CH-8501(2014460/S14C??

BAUMER HUEBNER GMBH  HEAG 156 Nr:1712794

BAUMER HUEBNER GMBH  HOG 10 D 1024 I Nr:1687512

baumer  ITD21H01 2048 T NI S21SG8F.14 IP54

baumer  GM400.A10A304

baumer  GOM2H.010A102

baumer  GOM2H.010A102

baumer  GM400.A10A304

baumer  MY COM L75P80/L

baumer  OADM 2116481/S14F

baumer  OADM 2016480/S14F

baumer  IERM 06P37A3/S35L

BAUMER HUEBNER GMBH  HOG 10 D 1024 I (HTL)NR.1687512

baumer  UNDK 30I6104/S14

baumer  ZADM 034I220.0021

baumer  11061224

baumer  GI355.A70C358/495lmp

baumer  GI333.A70C331/3600lmp

baumer  GI333.170C319/720lmp

baumer  GI355.A70C323/1024lmp

baumer  Z141.007

baumer  HOGS 14 DN 5000R NR.2327224

baumer  HOGS 14 DN 5000R NR.2327224

Baumer Thalheim GmbH & Co. KG    ATD-2B-B14-Y4-13/16-PB-PN-M16/12-S108.192 Schr/U,65.536 Wellen-Umdr,SN 500 7906005863-06.39.06,Id-No 501 925 06, 10.2006-Ln

BAUMER HUEBNER GMBH  FGH4K-1024G-90G-NG/20P B=250L=200

BAUMER HUEBNER GMBH  FG40K-1024G-90G-NG-B35-14J6+

BAUMER HUEBNER GMBH  H0G 60 DN 1024 CI

BAUMER HUEBNER GMBH  H0G9D400I

BAUMER HUEBNER GMBH  FG40K-4096G-90G-NG-B35-14J6+

BAUMER HUEBNER GMBH  ASS4K

BAUMER HUEBNER GMBH  P0G10

BAUMER HUEBNER GMBH  P0G9 DN 2500I

BAUMER HUEBNER GMBH  H0G100DN5000I

BAUMER HUEBNER GMBH  H0G10DN1024I Ser.-Nr.2077610 UB=+9??30V

BAUMER HUEBNER GMBH  AMS4K

baumer  LBFS-01121.0 OLD CODE/SAP CODE:11045785

baumer  ITD 40A4Y991024 HNI KR1 M25 IP65

baumer  IFRM08P1701/S35L

baumer  PHOTO

baumer  BRIH 58S1605A02048P2A,0164456

baumer  HEAG 173

baumer  HEAG 153

baumer  HEAG 154

baumer  Connector and Optical fiber transmission line 20m long

baumer  HEAG 175

baumer  HEAG 173

baumer  HEAG 175

baumer  HEAG 153

baumer  HEAG 154

baumer  Connector and Optical fiber transmission line 20m long

baumer  BDK 06.24K50?5?9

Baumer GmbH      BHF16.05A100-E2-5

Baumer GmbH      BHF16.05A100-E2-5

baumer  RP2EL0846I

baumer  AMG 11 P 29 Z 0 SN 2082406

baumer  MDFK 08G2124/N16 D341

baumer  Z119.041

baumer  Z140.001

baumer  POG 10 DN 1024I see the picture

baumer  11032706

baumer  11031578

baumer  UNDK 10U6914 SN-20-200mm

baumer  CH-8501 FHDK 14N5101/S35A U334

baumer  Baumer CH-8501 BMMH 58S1G24C12/13B2A

baumer  BHF 03.24K10-E2-9

baumer  FlexTemp 2301 Type:23010001C

Baumer Huebner  HG 16 D250 NR.2130617

baumer  ESW33 AH0500

baumer  IFRM 12P1701/S14L

baumer  PBMN23B19RA??11441211000

baumer  BHK 16.24K1024-B2-5

baumer  TTL to HTL (HEAG 153)

baumer  TTL to HTL (HEAG 153)

Baumer Thalheim  ITD 21 A 4 Y29 1024 H NI D2SR12 S 12 IP65 06

Baumer Thalheim  ITD 40 A 4 Y109 1024 H NI D2SR12 E 10,318190

baumer  GXMLW.1102001

baumer  BFF1G.24K512-L2-5

baumer  101235423

baumer  BFF1G.24K512-L2-5

baumer  IFRM 12P17/404138

baumer  IFRM 12P1763/S 13L

baumer  IFRM 12P1701/L/0300

baumer  Typ:ZPN201CHM/SETP G1/2 ,Setpoint: 0.19MPA, Hysteresis control range: 0.02MPA. With air plug: 8N45118551NC

baumer  Typ:ZPN201CHM/SETP G1/2 ,Setpoint: 0.19MPA, Hysteresis control range: 0.02MPA. With air plug: 8N45118551NC

baumer  FHDK 10N5101??one year??

baumer  FHDK 14N5101/S35A??one year??

baumer  FHDK 10N51/406051??one year??

baumer  S10-1301-03F

baumer  IFRM05P15A3/S35L

baumer  GXMMS.E04 100819027.001

Baumer Thalheim  ITD 40 B14 Y28 1000 T NI D2SR1R S 10 IP66

baumer  UNDK 20P11/099186PC PNP

baumer  CH-8501 OZDM 16P1001/S14

baumer  BRID 58S16.24K64.B0-N

baumer  ESW 31AH1000G

baumer  FEDK 07N69/017547

baumer  FSDK-07D9601

baumer  FHDK 04G6102

baumer  FHCK 07N69/406099

baumer  ES 18C PG7

baumer  ES 14A PG7

baumer  CFDK 25G1125/LN4

baumer  FPDK 14P5101/S35A

baumer  FADK 14U4470/IO

baumer  IFFM 12P1703/02S35L

baumer  FTDR 018A054 114003

baumer  ESW 31AH0200

baumer  FHDK 14P5101/S35A

baumer  FHDM 12P5001/S35A

baumer  IFFM 12P1703/02S35L

baumer  FADK 14U4470/IO

baumer  FEDK 07N69/017547

baumer  FHDK 14P5101/S35A

baumer  FHDM 12P5001/S35A

baumer  ES 14A PG7

baumer  FTDR 018A054 114003

baumer  FHCK 07N69/406099

baumer  FSDK-07D9601

baumer  CFDK 25G1125/LN4

baumer  FPDK 14P5101/S35A

baumer  ESW 31AH0200

baumer  ESW 31AH1000G

baumer  FHDK 04G6102

baumer  ES 18C PG7

baumer  BRID 58S16.24K64.B0-N

baumer  BRID 58S16.24K64.B0-N

baumer  FTDR 018A054 114003

baumer  ES 18C PG7

baumer  FEDK 07N69/017547

baumer  IFFM 12P1703/02S35L

baumer  FHCK 07N69/406099

baumer  ES 14A PG7

baumer  IPRM 08P17AL/S35L

baumer  ZPN204CHM

baumer  FSDK-07D9601 Nr??10151065

baumer  ESW 31AH1000G Nr:10134059

BAUMER HUEBNER GMBH  POG10DN1024R

baumer  0G9DN1000 9--30V HTL

baumer  POG9DN1000I 9--30V HTL

baumer  10107671

baumer  AMG 11D 29H 1024 SN:700000368510

baumer  GXMMW.1203P32

baumer  HG 22 DN 1800 CI 1772258

baumer  P0G10D 1024

baumer  ITD 21 B10 Y 3 1024 H NI D2SR12 S 11

Baumer Thalheim  ITD 21 B10 Y 3 1024 H NI D2SR12 S 11

baumer  FUE050A1001(U174)

baumer  11031581

baumer  OPDM 12P5 101/S35A??with cable??

baumer  Encoder GXMMW.Z03 11032630

baumer  POG 9D 1024(HTL)

baumer  OZDM 16P1001/S14

baumer  KTD 4-3 S A 4 Y10 A-NR:319808

baumer  ZADM 0341220.0021

baumer  IFRM 12P33G3/S14L

baumer  TDP 0,2 LT-4 Ser.-Nr.L.2129594

baumer  EIL580-TT14.5RH.01024.A-11101232,item:11101232,Sn:700001261295

BAUMER HUEBNER GMBH  see the picture

baumer  ITD 27 A 4 Y36 32 H BX KR1 S 12

baumer  MHGE 200B5G80HN1024C

baumer  HOG 71 DN 1024 TTL(Nr:236715)

Baumer Huebner  HOG 10 DN 1024 I,2229347

Baumer Huebner  HOG 10 DN 1024 I,2229196

Baumer Huebner  HOG 10 DN 1024 I,2202957

Baumer Huebner  HOG 10 DN 1024 I,2199246

Baumer Huebner  HOG 10 DN 1024 I,2210095

Baumer Huebner  HOG 10 DN 1024 I,2229349

Baumer Huebner  HOG 10 DN 1024 I,2229619

BAUMER HUEBNER GMBH  HOG10 DN 1024 I SR 16H7 KLK

baumer  FADK 14I4470/S14/I0

baumer  PBMN23B19RA11441211000

baumer  ES34CP2B

Baumer IVO GmbH & Co. KG     GI333

Baumer IVO GmbH & Co. KG     GI333

baumer  MY COM G75N80/L

baumer  BHK05.24K20-M6-5

baumer  OADM260I1101-S14C S03

BAUMER HUEBNER GMBH  FG4K-1024G-90G-NG Nr:480982 CN:56812 IP65

baumer  ITD21B14Y1800KNID2SR12E6IP65

baumer  IFRM 12P1702/L R475

baumer  IGF 12.24.35/L R114

baumer  Nr 1974213 IP66

baumer  SN 700000527350 IP66 C462 HOG10 DN 1024 I

baumer  SN 700000527350 IP66 C462 HOG10 DN 1024 I

baumer  Nr 1974213 IP66

baumer  PBMN 24B15RA14444202010S01

baumer  Level Switch Type??LBFS 01111C In:12-30v/35ma out??PNP MAX.20MA S/N:36605 Tamp-40~+85??C

baumer  BHL 16.24K1024-E6-9

baumer  Y913 33 B35

baumer  IFRM12P1501/S14L C194

baumer  S10-1301-03F

baumer  IFRM05P15A3/S35L

baumer  GI342.A707123 & Z119.023

baumer  GI342.A707123 & Z119.023

baumer  DC4.75-30V 5P/R Baumer GI355.070C249

baumer  VS XC100M12X00EP

baumer  RTD2A4Y16 P2710 0.5 LR0.316 IP00

baumer  EIL580-TT14.5RN.04096.A

baumer  GI355.070C249??DC4.75-30V 5P/R

BAUMER HUEBNER GMBH  POG10DN 1024+FSL S/N:1555797

baumer  UZAM 50p612/s14

baumer  0500.GR11096062

baumer  BMSH 58S1G24K10/00P25/0500

baumer  11059801 need datasheet

baumer  11060633 need datasheet

Baumer Thalheim  ITD 70 A4 Y7 2048 H NI H2SK12 S40 ip54 51

baumer  POG 10DN-1024-I, stainless steel, IP66 HTL shaft ??11 euro flange. with terminal box.

baumer  OG72DN1024TIL Nr.2126038

baumer  HOG71 DN1000TTL 12H7

baumer  ITD21A4Y29

baumer  ESG 34CH0500G

baumer  OADM 20I4460/S14C

baumer  GXMMW.A508EA2

baumer  ART:11008794

baumer  FPDM 12p5102/s35a

baumer  2300397

baumer  BHF 16.25W100-L2-9

baumer  RP2NR354, Range: 0-16 Bar

Baumer Huebner  POG 10 DN 1024 I , SN??700000288139

baumer  ESW33AH0200

baumer  FUE050B2004

baumer  FVDM15P5103/S14

baumer  ESG34AH0200/M12

baumer  OHDM16P5002/S14

baumer  TXG13,black-and-white

Baumer Huebner  EEx OG 9 DN 2500 R No.2191800

BAUMER HUEBNER GMBH  2320976

baumer  TXG13,black-and-white

baumer  GOMMH 4203P32

baumer  LBFS-0111.0

baumer  5m cable for BDT 18.05S2048-L6-A

baumer  2m cable for BDT 18.05S2048-L6-A

baumer  BDT 18.05S2048-L6-A

baumer  BDT 18.05S2048-L6A

Baumer Huebner  TDP0.2LT-4 2369286

Baumer Huebner  TDP0.2LT-4 2369286

baumer  UNDK30I6104/S14

baumer  UNAM18I6903/S14

baumer  ZADM034I220.0021

baumer  PBMN23B15AA14409211000

baumer  VSXC100M03X00EP

baumer  VSXC100M20X00EP

baumer  UNDK 20P11/406006/PNP

baumer  ILFK 12P1501/I06

baumer  HDG10DN 1024 I

baumer  photo

baumer  MY COM G75P/400/L

baumer  GXMMW A203P32

baumer  GNAMG.0213PA2Z01;S-NR:101113135

baumer  GXP1W.A2041C1 480705 09 5109 see the picture

baumer  FEDK 10P5101/S35A

baumer  OHDM16P5001/S14

baumer  FHDM 16P5001/S14

baumer  FHDM 16P5001/0500

BAUMER GXMMW.020000??100956737 009 35.13??MultlVO Multiturn??10~30 VDC 5%RW Z 163.3P33??100956754 054 35.13??Bus-Haube??Profibus-DP V1.31

Baumer  ESG 32AH0200G

Baumer  ESG 32AH0500G

Baumer  ESG 32AH1000G

baumer  GI333.G70C323

baumer  GXMMW.A20 2PA2 SSI

baumer  GXMMW.A203EA2

Baumer IVO GmbH & Co. KG     U220.011A12D

BAUMER IFRM 08P1703/S14L

baumer  FVDK22P6101/S14C

baumer  OHDM16P5001/S14

Baumer  TXG20/11001878

Baumer  ITD 70 A4 Y7 1024 H NI KR1 S40

Baumer  ITD 40 A4 Y27 1024 H NI KR1 S25 IP65 54

baumer PRRB D003.S14.C210

baumer U220.011

baumer  BFF 1G 24K512-L2-5

baumer  BFO 1GV 24N 512-L2-5

BAUMER HUEBNER      HOG10D1024I+FSL/1000r/m VB=+9-30V HLT Ser.Nr:2022882

BAUMER HUEBNER     HOG 10 D 1024 I VB=+9-30VDC HTL 2100657

BAUMER HUEBNER     HOG10D1024I+FSL/754r/m 9-30V HTL

BAUMER HUEBNER     HOG 10 DN 1024 I(9-30VDC ??;700000177284 n=900min

Baumer IVO GmbH & Co. KG(NEW)   GI355.A70C323000

Baumer IVO GmbH & Co. KG(NEW)   GI355.A70C323000

BAUMER HUEBNER      HOG131 DN 3072 I SN:700000541656\DC9-30V ,encoder

Baumer  CH8501 frauenfeld UNAM 50U6121/S14

BAUMER       BMMH58S1N24P12/16B2D

Baumer EIL580-SC10.7FN.04096.A

BAUMER BMMH 58S1G05C14/403887 2

BAUMER HOG 11 DN 1024 I+FSL NR.70000978261

BAUMER GOMMH 0203P32

Baumer  PBSN-1.3.B24.R.A1.44.03.2.1.000

BAUMER HUEBNER      HOG16DN1024I25MM

baumer  MY-COM-A100/80

Baumer  ElectricMY COM G75P80/L BAUMER

Baumer  IFRM 05P15A1/KS35L baumer

Baumer  Baumer OZDM 6P3001/S14

Baumer OZDM 6P3001/S14       Baumer UNDK/20P6914/S35A

baumer  MY COM-M75P/S35L

baumer  BHF16.05A4500-12-9

baumer IVO   Z141.007

Baumer  IFRM12P1701/S14L

Baumer  MDFK 08G2101

BAUMER       OG 71 DN 256 CI 1526223 UB=+9...26V

Baumer  GM400.Z41??????????????? 1

Baumer  GM401.Z21??????????????? 2

Baumer  GM400.Z56??????????????? ?2

Baumer  GM400.A10A304??????? 1

Baumer  GM400.Z54???????????????? 3

Baumer  ATD2SB??14Y??24?????? ?3

baumer  IFRM 12P1301/S35L

baumer  IFRM 12P1701/S35L

baumer  RZAM 08P1002/S35L

Baumer  ITD 21 A 4 Y29 1024 H NI D2SR12 S 12 IP65 006

Baumer  HS35F Item??11084369 UB=4.75-30VDC 1024 ppr Vin

Baumer  HOG 16 DN 1024 I IP66 UB=+9??30V 1024 HTL

baumer  ITD 21 A 4 Y82 2048 T NI KR1 F 14 IP54 21

BAUMER HOG 10 DN 1024 I SN:700000466987

baumer  70000 1004968

baumer  BHF 16.24K5000-E2-A

baumer  7.00001E+11

baumer  GBAMW A203P32

BAUMER PBMN23B16RA11403202000000

Baumer  GM400.A10 A3 04

Baumer OADM 250I1101-S14C

Baumer OHDM 16P5001/S14

Baumer OADM 250I1101-S14C

Baumer OHDM 16P5001/S14

Baumer  HARD 11004410 TXG03M3

Baumer Thalheim  ITD70A4Y7 1024IMP 8-30VDC D65mm

BAUMER HUEBNER      AMS4K1-1212

Baumer IVO GmbH & Co. KG     Z 119.023

BAUMER HUEBNER      TDP0.2LT-4 1761895

Baumer  IWRM 18U9501

BAUMER HUEBNER      TDPZ 0,2 LT-4;Ser.-Nr.L.2155355

Baumer IVO   117846-01 G 305.01C

Baumer  GOMMH.Z06 101020185 005

baumer  SN:700000846220

baumer huebner   AMS4K-12

baumer  iffm 06p15a3/o 1s05l

BAUMER HUEBNER GMBH  PULSE ENCODER with Junction Box POG10DN 1024I

BAUMER       UNAM 12I9914/S14

Baumer  CH-8501 BHK 16.24K250/10600

baumer  1WRM-1BU9501

baumer  O500.GP-11096064

baumer  BHF 16.24 24K5000-12-5

BAUMER BDK16.24K50-5-5

BAUMER UNDK 30P17/404666

BAUMER UNDK 20P69/405855

BAUMER UNAM 12P1914/S14 A172

baumer  MY COM_ M75P/S35L

BAUMER TDPO,2LT-4 700000618751

BAUMER HUEBNER GMBH sn:700000276299

Baumer  GE400.A 10A304

Baumer  11016706 MSFS AA03X08

Baumer  119.041, 5-5-3 No: C-CFE01-87346-COM

Baumer  ESG 34FH1000G ,infor:Female M12 8-pole prewired straight connector, length 10m Ref:ESG 34FH1000G

Baumer  RKWTH8-299/10M, Infor: Angled 8 pole connector M12, clipped screwed, female cable 10m PUR shielded Num:11045303 Ref:RKWTH8-299/10M

Baumer  ABSOLUTE ENCODER SSI MDRM 18U9524

Baumer  UNDK 2016903/S35A, Infor: SENSING 100-1000mm??4...20 mA, M8

Baumer  MDRM18I9524/S14C270,infor:Magnetic angle sensor with connector M12 4 pins length 0.2m

Baumer  GI331 L70C313 482327 09 4.7 5-30 VDC 360 LMP

baumer  BMMS K505N24V12/1600N

BAUMER HUEBNER      HOG 71DN 512CL/1757493

baumer  ZADM023H351.0001

baumer  BMMV58K1N24D12/16COF

baumer  DSRT 22DA-S5-0750 10163922

BAUMER HOG16 DN 1024 I/DSL.E

BAUMER Light barrier(OHDM 16P5001/S14)

BAUMER Sensor(IFRM 06 P 1703/S35L)

Baumer  UNDK 30P1713/S14

BAUMER RTD 2 A 4 Y16 P2 7 10 0.5 LR1 16 IP00

baumer  GM401.B20A204

Baumer  FZDK 14P5101/S35A with cable

BAUMER HOG12 DN45 1024 of the absolute value encoder pulse sequence number: 1853412

BAUMER HUEBNER      HOG 10 DN 1024 I,SN:2886677

BAUMER HUEBNER      FSL,SN:2237013

baumer  FHDK 10P5101/S35A

BAUMER       GXMMS.0203EA2 100925150 001 10-30VDC 5%RW profiNet v2.04

baumer  K35(10PF3+11PF4)

baumer  HMG 11 PS 29 H 1024 Ub??+9-30V IP67

BAUMER FHDK10P5101/S35A

BAUMER HUEBNER GMBH  POG 9 DN 1200 I;Ser.Nr.1712443

BAUMER 353038

Baumer  CH-8501 FGUM 080P8001/S35L

Baumer  GI341.G707123(WIHT Z119.023)

baumer  2221-00010 HART

BAUMER       REF :GI333.170.C3.19 ??

Baumer  BAVMANN FLEX 35K8018763

BAUMER OADM 2014540/S14C W511

Baumer  IGYX 12P17B3/S14L35L

Baumer  IGYX 08P17B3/S35L

Baumer OADM 12I6430/S35A

Baumer  MY-COM H75/80

Baumer  MY-COM H75/S35

baumer mycom G75P/80/L

baumer G75P/400/L

baumer  FEG 14.24.35

BAUMER IP67_M23 12polig, 4,75-30VDC_8192ppr_110mm_300kHz, MHGE200 B5 G110 RN8192 C

Baumer  M 12G5501/S14 5~30VDC 100mA

baumer  IFRM08P17A3/S35L

Baumer  IWRM 08I9501/S35

BAUMER IFRM 08P17A1/S35L

baumer  OADM 12I6430/S35A Linearity error: 0.015 mm

baumer  2144450

baumer  7E+11

baumer  TXG50M3

Baumer  TXG50M3

Baumer  11002638

Baumer  ESG32FH0500

Baumer  flextop2211,2211-0001

Baumer Optronic GmbH     ESG32FH0500 cable

Baumer Optronic GmbH     11002638 adapter

Baumer Baumer Thalheim ITD 41 A 4 Y90 2048 H NI KR1 E10 IP65 68 (Including connectors)

BAUMER BPMD14 G1P24C 13/16-KA-G

BAUMER ART NR:145145 PROFIBUS-DPV1.11

BAUMER HUEBNER GMBH ES 93 SN:2229514

BAUMER HUEBNER GMBH  TDPO 2LS-4 UO:60V+/-3%/1000MIN IP55

Baumer heag 150-h-1h-2r-3t

Baumer MY-COM-G75P80/L

Baumer  GI342.A727123

Baumer  DSRH I16-1810M

Baumer DSRH I16-1810M

baumer  ITD??21H00??2048T??NI??S21SG8??E14IP65

baumer  GM400.Z63

BAUMER EIL580-TT12.5LN.1024.A

BAUMER EIL580-TT12.5LN.5000.A

BAUMER GXMMW.A203P32

BAUMER K35 10/10

BAUMER IVO sxmmw.A20Z004

baumer  IFRM 12P13G3/S14L

Baumer  GI342.A72711024

Baumer  FSF 150B4002

Baumer  FVDM 15P5103

baumer G0355.025C372

BAUMER HUEBNER GMBH  HOG 9D 1024 I SER 574839 9-30V 1024HTL

BAUMER ITD21A4Y49 1024R NIKR8S14 IP6507??10m??

Baumer  G0355.025C372

baumer  UNDK30U6104/S14

BAUMER HUEBNER GMBH 1210693

BAUMER GCMMW.B203P32+Z136.305(with Junction Box)

Baumer  IFRM 12P33G3/S14L

BAUMER HUEBNER     baumer hubner HOG 71 DN 1024 TTL Nr??2239359

Baumer  BMD 3N.24M8192-CO-D,CODE:130791

Baumer  BHK 16.05A1250-B6-5,11112722

Baumer GEMMW A208P23

Baumer  BMSV58K1N24D12/00C0F

Baumer  IFRM 12P1702/S14L R421

BAUMER 450268

baumer  BHK16.24K400-12-5

baumer  G2M2H.110A102

Baumer  HEAG 173ST

Baumer  PDRD E002.S14.C440 DE

baumer  FLDK 110G 1003/S42

Baumer  ITD21H00 2048 T NI S21SG8 E 14 IP65;M:11063146 with 2M Cable

Baumer Baumer CH-8501 Frauenfeld BRIH 58S1P24W00512/10600338

BAUMER BAUMER G1357 A7OC323 24V

baumer  ROTOR 123344

baumer  UNDK 30I104/S14

BAUMER HUEBNER GMBH  FGH6KK-2500G-90G-NG-S-J/50P

baumer ITD40A4Y231024HNID2SR12S25

baumer  MY-COM M75PS35

Baumer electric     IFRM 12P1702/S14L R421

baumer  BHK16.24K1024B25

baumer huebner   POG 9 DN 1024 I +FSL1200+K35

BAUMER       PHOTOCELL MINOS FHDK 07P6901

BAUMER ZADM 034I220.0021

Baumer  ED701N2027316611/9414

BAUMER ITD21A4Y822048HNIKR1E14; A:316073

baumer  HEAG150-H-1H-2H-3H

Baumer  IFRMO6P37A3/S35L

BAUMER CFAM-12P1600-S14

BAUMER CFAM-30P1600-S14

BAUMER HOG 10 D 1024I P/N??1306864

BAUMER EIL580-TT15.5FE.00360.A

Baumer  FEDK 07P6901/KS35A

Baumer  OPDM12N5101

BAUMER OHDM 13N6901/S35A

BAUMER HUEBNER      AMG11P29Z0 2359856

BAUMER HUEBNER      FS90 2388077

BAUMER BHL 16.24K1024-E6-9

BAUMER IFRM08P13G1/S135L

Baumer Thalheim  ITD 41 A 4 Y90 2048 H NI KR1 E 10 IP65 68,316768

BAUMER BMSV 58K1N24B12/00C05

BAUMER HUEBNER      HOG 10 D 1024 I/Ser.-Nr. 1916905

BAUMER HUEBNER      AMG 11 P 29 Z0 Sar.Nr2369569 IP67 01 1043

BAUMER HUEBNER      HOG 10 DN 1024 I Nr.2375634 01 1040

BAUMER HUEBNER      HOG?71?DN?1024?CI?SER.-NR.2313284

BAUMER HUEBNER      AMG 11?P?29?Z0

BAUMER HUEBNER      Coupling for AMG 11?P?29?Z0

BAUMER HUEBNER GMBH  HOG9D400I; 16 ,DC10-30VDC

BAUMER HUEBNER GMBH  POG9GD1024I/D100I; 11;DC10-30VDC

BAUMER HUEBNER GMBH  HOG9D1024I; 16,DC10-30VDC

BAUMER HUEBNER GMBH  HOG100DN5000I; 16;DC10-30VDC

BAUMER HUEBNER GMBH  TZID-C,V18345-1020421001

Baumer  VS XF200M03W16EP,11039657

Baumer  ESG 34JP0200G

Baumer  KSG 34A/KSG45AP0200G/E

Baumer  SN:700000938000

Baumer  SN:700000599816 HOG 10 DN 10241

Baumer Thalheim  TD3A4 AL KM 30VDC ??15mm NR:301195

BAUMER HUEBNER GMBH  HOG 10 DN 1024 I??S/N:1840109

baumer  NR:11061626 ITD 40 A 4 Y114 512 H BX KR1,5 S 20 IP54

Baumer  101004607

Baumer  101059826

Baumer  101004607

Baumer  101059826

Baumer  KTD 4-1 5S A4 Y10 CW

BAUMER HUEBNER      POG 9D 1024HTL 1862368 ,encoder

baumer  PBMN23B19RA11441211000

baumer  PBMN23B27RA11441211000

BAUMER HOG60 DN 10000 CI

BAUMER OG60 DN 10000 CI

baumer  NE210.023AXA1

baumer  NE210.023AXA1

baumer  OADM2014471/S14C

baumer  OADM2014471/S14C

BAUMER HUEBNER GMBH 2168323

BAUMER SENSOR 41580 OADM2014560/S14C

Baumer  GXMMW.A203EA2

Baumer  GNAMG.0213P2Z01

Baumer  RTD 1 B14 Y 3 P1 7 10 0.5 D2SR12 10 IP65

BAUMER ISI34.013AA01

BAUMER HUEBNER GMBH  2053128

Baumer  Mfr Part No: MEX5-430.B59

Baumer  PDRB E001.S14.C440

BAUMER GMP 1,0 LT-4 1670827

BAUMER NR.23758866;HOG 10 D 1024 I

baumer  BDK16??24K50-5-9??B403

baumer  BDK16??24K50-5-9

Baumer  ES 34AP2 809??3M

Baumer  ES 31.5P 1923??2M

Baumer  ES 33AP2 923

Baumer CH-8501 ?? BHK 05.24K20-M6-5

Baumer  16.05A2048-M6-5 BAUMER DC5V "BHK

BAUMER HUEBNER      HMG11 P29 20,SN:700000802936

Baumer Thalheim GmbH & Co. KG    7.00001E+11

baumer  7.00001E+11

Baumer  BMMV 58K1N24R12/18CON

Baumer  IFRM 08X9503

Baumer  IFR.05.82.05 NAMUR M5x0,5

Baumer electric     IFR 04.82.05 NAMUR

Baumer electric     OHDK 10P5101/S35A

BAUMER UNDK 20P11/406006

baumer  GM400 010A304

baumer  MHAX 400 R P08-081;SN:700000395196

baumer  FZAM 18N1005 P/N. 71 436109100

baumer  FZAM 18N1150

BAUMER       GI355.070C315

BAUMER HUEBNER GMBH 7.00001E+11

BAUMER IMRM 12P1599/S 14L

BAUMER ZADM034U240.0021

BAUMER HOG71 DN1000TTL 12H7 (Please give me the price of 6pc ,8pc,and 10pc)

Baumer IVO GA240.010C002

BAUMER TDP 0,2 LT-4 1829841

BAUMER HUEBNER GMBH HOG75D1C/D2C SER NR. 1849217

Baumer  GI342.A707123

Baumer  HCG 10 D 1024 Nr.2171183

Baumer  HCG 10 D 1024 Nr.2171183

BAUMER       GI355 A70R023, Encoder, 1024 points 5 to 30V

BAUMER       (GXP1W.A2041C1) 10160873,Absolute programmable encoder 4096 turns 4096 points turn

baumer  OG71 DN 256 CI

BAUMER IFRM 12P1701/S14L

baumer  Y91333B22R_ARA10D30L

BAUMER PBMN23B08RA14443232000

Baumer  IFRM18X9103 EXiaIICT6 with M12X1

BAUMER HOG 71 D 1024 CI

baumer  BPMV 58S1P2413 405111/405112

baumer  BPMD14 G1P2413/16 +KA-G 145145

baumer  AMG 11 P 29 Z 0 SN:700000157660

BAUMER HUEBNER GMBH  POG 10 DN 1024 R SN??2175733

BAUMER HUEBNER GMBH  POG 10 DN 1024 R SN??2175734

BAUMER       PBMN23B11AA14403201

BAUMER GXMMW.BF0EPA6

Baumer  BFF 0G.24K720-L2-3

Baumer  IFE MD8P3701/01S35L

Baumer  IFR M06P17A1/S35L

Baumer  IFRM 06P17A3/S35L

Baumer  IFFM 08P3701/O1S35L

Baumer  IFRM 08P17A3/S35L

Baumer  IFFM 08P1701/O1S35L

Baumer  IFRM 06P1701/PL

Baumer  IFRM 06P17014/PL IFRM 06P1701/PL

Baumer  IFRM 05P15A3/S35L

Baumer  IFRM 12P17G1/S14L

Baumer  IFFM 12P1703/02S35L

Baumer  IFRM 05P15A3/L

Baumer  ES 31.5P ESW 31SH0500G

Baumer  IFRM 08P17A1/S35L

Baumer  FHDK 07P6901/KS35A

Baumer  UNDK 20P6914/S35A

Baumer  CFDK 30P1600/S14

Baumer  IFRM 04P15A1/L

Baumer  FRDK 14P1903/S35A

Baumer  OHDK 10P5101

Baumer  IFFM 08P1701/O1S35L

Baumer  FHDK 10P1101/KS35

Baumer  12153 IFRM 04P15B1/L

Baumer  FVDK 10P67Y0/S35A

Baumer  IFFM 08P17A6/KS35L

Baumer  FVDK10P67Y0/S35A

Baumer  IFRM 08P13G1/S35L

Baumer  IFRM 12P17G3/S14L

Baumer  IFFM 08P17A1/01S35L

Baumer  IFRM06P1701/KS35L

Baumer  FSE 200C2004

Baumer  FPDM 12P5101/S35A

Baumer  258221/FTAR 017A000 FTAR 019A000

Baumer  IFFM 08P 1595/01 S35L IFFM 08P1701/O1S35L

Baumer  IFRM 06P1701/KS35RL IFRM 06P1701/KS35L

Baumer  IFRM 12P1701/S14L

Baumer  IFRM 08P17A3/S35L

Baumer  IFRM 06P17A5/S35L

Baumer  FHDM 12P5001/S35A

Baumer  IFRM 06P17A3/S35L

Baumer  MY COM L75P/S35L

Baumer  FVDK 22P6401/S14C

Baumer  OHDK 10P5101/S35A

Baumer  IFRM 08P17A1/S35L

Baumer  08P17A3/S35L IFRM 08P17A3/S35L

Baumer  MY-COM-B30/80

Baumer  MY COM G75P80/L

Baumer  IFRM12P1701/S14L

Baumer  IFRM 08P17A4/S35L

Baumer  E3FA-DN12

Baumer  E5CZ-Q2

Baumer  IFRM 04P15A1/L/0500

Baumer  IFRM 04P15A1/L

Baumer  IFRM 08P17A3/S35L

Baumer  IFM 08P1701/01S35L IFFM 08P1701/01S35L

Baumer  FHDM 12P5001/S35

Baumer  FIXY 10P 51E1/S35A Baumer

Baumer  FIXY 10P51E1/35A Baumer

Baumer  FSE200C1002 BAUMER

Baumer  FUF 050B4006

Baumer  FVDK10P67Y2+FSE200 F4Y00 BAUMER

Baumer  FVDM 15P5103/S14

Baumer  FVDM 15P5130

Baumer  FZAM 12P1104/S1 FZAM 12P1104/S14

Baumer  FZAM 18P1155

Baumer  FZAM 30P5001

Baumer  0300.GR-11110414 BAUMER

Baumer  IFFM 08P17A1/O1S35L

Baumer  IFRM 05P15A3/KS35PL BAUMER

Baumer  IFRM 08P13G1/S35L Baume

Baumer  IFRM 08P17A1/S35L Baumer

Baumer  IFRM 08P17A3/S35L Baume

Baumer  IFRM 08P33G1/L Baumer

Baumer  IFRM 12P13G1/S14L Baume

Baumer  IFRM 12P1701/S35L

Baumer  IFRM 12P1704/S14L

Baumer  IFRM 18P1703/S14L IFRM 18P17A3/S14L

Baumer  IFRM 08P13G1/L Baumer

Baumer  IFRM 08P17A3/S35L Baumer

Baumer  IFRM 08P17G1/L Baumer

Baumer  IFRM12P13G3/S14L Baumer

Baumer  IFRM12P1701/S14L Baumer

Baumer  IFRM12P3701/S14L Baumer

Baumer  IFRM18P1701/S14L Baumer

Baumer  IWRM 18U9501 Baumer

Baumer  OEDK 14P5101/S35A

Baumer  OHDK 14P5101/S35A

Baumer  OHDK 10p5101/S35ABaumer

Baumer  OHDK14 OHDK 14P5101/S35A

baumer  Typ:9701;Snr:2645

BAUMER THALHEIM     ITD22A4Y66 2048MNIKR1 S14 IP65 08 A-NR.319539

baumer  ITD89H001024TNIKR1E95IP67

BAUMER BFO 1GV 24V 512-L2-5 7M

baumer  EVC001(E10906)

baumer  TED60 10BAR

baumer  Ser.-Nr.2317665 Uo=40V??3%

Baumer IVO GmbH & Co. KG     Z141.007

Baumer  ITD 67 A4Y8 20/20 H/H AX/AX KRO 21/KRO 12 842 IP66 Z-NR.031-5Y8 A-NR.317037

Baumer  Article:FLDR-i90B-W;11085869

baumer  Nr??210218.1

Baumer  E913 Nr??90610/10

baumer  10123344

baumer  OHDK 14P5101/S35A C133

BAUMER FUF 150A1003

baumer  IGYX 12P17B3/S14L baumer

BAUMER 7E+11

Baumer  Gxmms/2205p32 10-30 VDC 5%RW CANopen

Baumer  VXS 1803M10WE VISION SENSOR VERISENS 1800

Baumer  OZDM 16P3001/S14 LASER-CONTRAST-SCANNER DARK SWITCHING

Baumer  DACU/I 800-0.1-1K0BS

baumer  MY COM G75P80/ L

baumer  RP2-NR.346/SETP

BAUMER PBMN23B15AA14441212000

BAUMER HUEBNER      OG 71 DN 256CI SN??1690288

baumer  IFRM 12P1502/L

BAUMER EX50C

BAUMERELECTRIC BAUMER 10158424

BAUMER HUEBNER GMBH  HOG?10?D?1024?I?+FSL?(n=1500rpm),SER?NO??1209050835

BAUMER GXMMW.A208P23

BAUMER GXMMW.A203P32

baumer  ITD40A4Y231024HNID2SR12S25

Baumer  AMG 11D 29 ZO

Baumer  MYCOM BS50+KSW 30V0200

baumer FEAM08P1002 +SAM08D9002

BAUMER HUEBNER GMBH HOG 165 DN1024 I-H20-K6

baumer  BHK16.24K1024??B2??9

Baumer  IFRM 12P33G3/S14L

baumer  OHDM 16P5012/S14

BAUMER BHG16.05T5000B2-5

BAUMER IFRM 08P3501/S35L

BAUMER QMT42VP6DX

BAUMER MAQDC-815

BAUMER BDK 16.24K50-5-9

Baumer IVO   GI355 070C335

Baumer IVO   GI355 070C239 433631

BAUMER UNAM 3016103/S14

BAUMER       Baumer CH-8501 BDK 16.24K50-5-5

BAUMER |ENCODER|GXMMW.A203EA2

BAUMER MXGC40c (photoelectric sensor module) part of the argument; color imaging, resolution: 2044 * 2044 scanning area : ??11.26mm * 11.26mm, pixel size: 5.5um * 5.5um ,Frame rate: 29fps,sensor, CMOS

BAUMER PBMN14B24RA14403201

baumer  HOG10DN1024 l SN:700000635430

baumer  HOG10DN1024 l SN:700000636657

Baumer  Encoder BDK16.24K50-5-9, item number : 10238900

BAUMER HUEBNER GMBH  POG 10 DN 1024I 700000359005

BAUMER HUEBNER GMBH  POG 10 DN 1024I 700000358998

BAUMER HUEBNER GMBH  POG 10 DN 1024 I + FSL 1475rpm 700000404166

BAUMER HUEBNER GMBH  HOG 220 DN 1024 I 700000398475

BAUMER HUEBNER GMBH  GBMMW.A203P32

baumer  ITD21A4Y82 1024 T NI F14

baumer  TE21310200075 Nr:258541.1

Baumer IVO GmbH & Co. KG(NEW) GXM7W A10R601000

BAUMER BAUMER TYPE:GOMMH.E203P34

baumer  ID:27028 OADM20I6572/S14F

baumer ESG 34FH0200G 39/13

baumer CH-1690 BRIH 58S1605A02048P2A

baumer  FHDK 10P5101/S35A

Baumer 11059607

Baumer  OHDM 16P5002/S14;Ser.Nr.48443 L342

Baumer  PBMN24B15AA14403201000

Baumer  PBMN24B15AA144011211000

Baumer  OADM-20I6572/S14F

BAUMER IFRM 12N1702/L

Baumer  ITD21 A4 Y29 1024H N1 D2SR12 S 12 P65 06

BAUMER VLG-20M

baumer  SN:700000520338

BAUMER SN:700000520338

Baumer  Brand: Baumer, Brand Code: HOG10D1024I SN??2356315

baumer  MHAX 400 K P08-081

BAUMER bpmd 14g1p24p13/16-ka-d nr.146714

baumer  ITD40 A 4 1024 T BI KR1 E12 MATERIALNR 11061823 0LD NO:319789

BAUMER MSIA 83P2PR32-N86CP8007

BAUMER ITD 40A 4 Y140 1024 HNIVR16S12 IP65 06 A-NR 319062

BAUMER BFGIG-24C8192-E2-A

Baumer  MHGE 100 B5 G80RN1024C

Baumer  IGYX 18N 17B3/L C385

BAUMER IFFM 08P1501/01/S35L

BAUMER M:11059589/ITD21 A4 Y36

baumer FEAM 08P3002/S35L;D271

baumer  FSAM 08D9002/S35;D205

baumer IFRM 03P1505/CS35L

BAUMER 16.05A2048-M6-5

BAUMER BHF16.24K10-E2-9

BAUMER CH-8501 UNAM30161/041294

BAUMER LSP-050.066.2.000

BAUMER O500.GP-11096064

BAUMER OPDK 14P1903/S35A

baumer  HOG 71 DN 1024 TTL(Nr:2334957)

baumer  GI341.G707123 ( with stand Z119.023)

baumer  TDP 0.2 LT-4

Baumer  PFMN-54BC7AA1553412122000

BAUMER HUEBNER GMBH  AMSI4K-1212 NR442093

Baumer Thalheim  ITD 20A 4 Y10 512 H N1 D2SR12 S14 1P65

BAUMER       MY COM M100P/80

BAUMER MY COM M100P/80

BAUMER GOM2H.A90A102

BAUMER HOG165DN2048

BAUMER ITD21H002048HNIS21SG8E14IP65

BAUMER 11071188

BAUMER 11073119

BAUMER THALHEIM     ITD21 A4Y82 1024 NIKRI F14 IP54 21 ??A-NR:318555,C-NR:08004379-15

Baumer Thalheim        ITD3A4Y181024HNI KR3S14IP65

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回顧2020年,A股揚(yáng)眉吐氣,上證指數(shù)上漲13.87%,深證成指上漲38.73%,年度均實(shí)現(xiàn)正回報(bào),主要股指;創(chuàng)業(yè)板指年內(nèi)更是大漲64.96%。那么,2021年還會延續(xù)牛市嗎?我們認(rèn)為,年內(nèi)股市總體風(fēng)險(xiǎn)可控,市場仍以結(jié)構(gòu)性機(jī)會為主,而基金組合的收益率更多來自于相對指數(shù)的超額回報(bào)。對于基金投資者來說,經(jīng)過了兩年的權(quán)益基金牛市之后,今年對基金收益率的預(yù)期要降低。同時(shí)由于年內(nèi)市場的波動(dòng)可能會加大,建議長期化投資,買一些基金經(jīng)理管理的有鎖定期的產(chǎn)品,做時(shí)間的朋友。

從基本面來看,隨著中美貿(mào)易摩擦和疫情的逐步常態(tài)化,在不發(fā)生新的“黑天鵝”事件的前提下,流動(dòng)性成為影響A股走向的大變量。從整體上來看,今年流動(dòng)性較去年呈邊際收緊態(tài)勢,因此流動(dòng)性衰減給各個(gè)板塊帶來的估值收縮需要特別關(guān)注。我們一直強(qiáng)調(diào),投資要大道簡,宏觀是一個(gè)很復(fù)雜的系統(tǒng),想的東西越多,判斷越不準(zhǔn)。把握流動(dòng)性是一個(gè)很有效的指標(biāo)。如果今年經(jīng)濟(jì)有不確定性,那么可能會再次釋放流動(dòng)性,推動(dòng)資金進(jìn)入消費(fèi)和科技這兩個(gè)政府比較重視的領(lǐng)域。

對于2021年市場,我們的觀點(diǎn)是“前低后高”。一季度流動(dòng)性壓力會大一些,到了二、三季度會變好。從收益率的角度看,今年大概率不會像2019和2020兩年那么高的收益率。我們認(rèn)為市場會從相對容易*的Beta行情,轉(zhuǎn)向更考驗(yàn)選股的Alpha行情。

看好的行業(yè)或者主題方面,我們更傾向于聚焦比較優(yōu)勢,中國相對其他國家有兩個(gè)很強(qiáng)的比較優(yōu)勢。個(gè)是在制造業(yè)方面的比較優(yōu)勢,我們雖然在創(chuàng)新能力和歐美有一定的差距,但是把科研成果轉(zhuǎn)化為商品的能力是的。典型的行業(yè)包括光伏、電動(dòng)車、電子等都體現(xiàn)了這樣一個(gè)特點(diǎn)。在這個(gè)比較優(yōu)勢下,中國會誕生好的制造業(yè)相關(guān)科技型企業(yè),科技領(lǐng)域則看好電動(dòng)車、光伏、智能終端、軟件應(yīng)用和傳媒內(nèi)容。

第二個(gè)比較優(yōu)勢在于我們擁有大的消費(fèi)市場。通過此次疫情可以發(fā)現(xiàn),中國的疫情控制是*做得好的之一,我們的消費(fèi)市場也恢復(fù)快。在一個(gè)如此巨大的消費(fèi)市場下,一定會誕生大的消費(fèi)品公司。具體而言,我們更看好可選消費(fèi)、乳制品和醫(yī)藥。

2021年市場需要注意的風(fēng)險(xiǎn),我們認(rèn)為應(yīng)回避“犀牛”風(fēng)險(xiǎn),而大的“犀牛”可能就是房地產(chǎn)。過去3-4年的時(shí)間,房價(jià)只有在深圳和上海兩個(gè)城市上漲,連北京都有不同程度的下跌。政府提出的三條紅線,肯定會對房地產(chǎn)企業(yè)的資金產(chǎn)生一定影響。從需求端來看,由于各種限制政策,以及長期看有可能征收的房產(chǎn)稅,房地產(chǎn)行業(yè)是確定性向下的。

此外,一旦房地產(chǎn)企業(yè)出現(xiàn)現(xiàn)金流的問題,就會對供應(yīng)商進(jìn)行擠壓,我們也看到許多2B類型的地產(chǎn)產(chǎn)業(yè)鏈公司,經(jīng)營現(xiàn)金流比較差,需要不斷從二級市場融資保證自己業(yè)績的增長。因此,我們認(rèn)為,在今年整體流動(dòng)性沒有今年邊際上如此寬裕的背景下,房地產(chǎn)相關(guān)公司的風(fēng)險(xiǎn)值得關(guān)注。