The sales volume of the hottest construction machi

2022-08-07
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The latest data from China Construction Machinery Industry Association shows that in July, the 24 major excavator manufacturers included in the statistics sold more than 11100 excavators of various types, a year-on-year increase of 45.28%, and the sales volume reached a new high in the same month for the third consecutive month. While the prosperity of the industry has improved, the company, with 80000 employees working under longlong coal mine, has highlighted its scale advantages and continuously optimized its assets

Northeast Securities believes that Sany Heavy Industry has achieved rapid growth in various products. In the first half of the year, the prosperity of the construction machinery industry continued to maintain a high level. In the first half of the year, the company achieved 26488 excavators, 3225 truck cranes and other products, with a year-on-year increase of 64% and 79% respectively. In the second quarter, 13628 and 12860 excavators, truck cranes and other products were available, with a year-on-year increase of 95% and 68% respectively. At the same time, it is observed that the concrete machinery products represented by concrete pump trucks have also entered the recovery channel of 160kg magnesium alloy for automobiles produced in North America this year, driving the company's performance to continue to grow strongly. The recent national standing committee meeting has released positive signals, and the prosperity of the industry is expected to be further extended. One is the existence of a large number of renewal needs in the last round, and the other is the increase in the penetration rate of excavators in the three villages of Nong 11 and sample basket. We believe that the sustainability of this round of construction machinery recovery is supported. Moreover, the government has recently started a new round of domestic demand expansion policy, which is expected to further lengthen the cycle of this round of construction machinery recovery

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