Excavators in July exceeded market expectations with a year-on-year growth rate of 54.8%; another industry survey showed that sales of excavators (including exports) in August are expected to reach 20,800 units, a year-on-year growth rate of about 50%.

  As of the end of August, the major construction machinery interim reports have been released one after another. The interim reports show that most of the leading companies are showing growth trends. For example, Zoomlion's main business has grown steadily, and the sales of cranes, concrete machines, and excavators are outstanding. Sany Heavy Industry's net profit exceeded 8.4 billion, revenue increased by 13% year-on-year, and net cash flow increased by 12.54%. XCMG cranes and other products continued to exert strength, and the performance of the second quarter increased significantly compared with the previous quarter.

  Recently, at the BICES2021 press conference, Qi Jun, President of the China Construction Machinery Industry Association, said that although the first half of the year was affected by the epidemic, it benefited from the remarkable results achieved by my country’s national defense control and anti-epidemic work. According to statistics from the association, 2020 In the first half of the year, the sales volume of construction machinery improved month by month.

 "Looking forward to the whole year of 2020, it is expected that the domestic construction machinery market demand will grow steadily. Judging by the current international new crown epidemic and other conditions, this year's construction machinery exports will show greater pressure, and greater efforts will be required to maintain growth. It is expected that the whole year of 2020 The industry growth rate will reach 7%-8%." Qi Jun pointed out.

  The industry is booming

  In August, according to the survey of CME Construction Machinery Network, the sales of excavators (including export) reached 20,800 units, a year-on-year increase of about 50%. During the period, the domestic market sales reached 18,500 units, a year-on-year increase of about 60%; the export market sales reached 2,300 units. Flat.

  The heavy-duty truck market is constantly breaking new records. From January to August this year, the cumulative sales of the domestic heavy-duty truck market was approximately 1.0835 million vehicles. The cumulative year-on-year growth rate expanded from 30.5% from January to July this year to 35%, and the net increase was close to 280,000 vehicles. First commercial vehicle network analysts believe that, based on this growth momentum, the annual sales volume of the heavy-duty truck market reached 1.4 million, which is almost a foregone conclusion.

  Judging from the 2020 mid-year report of construction machinery companies, as of September 2, except for construction equipment, the remaining 11 construction machinery companies have increased their net profits attributable to their parent companies. The top companies in terms of revenue and net profit attributable to the parent are Zhejiang Dingli, Eddie Precision, Zoomlion, Hengli Hydraulics, Sany Heavy Industry, etc.

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