Compete for the trillion-dollar overseas "big cake," as construction machinery giants accelerate "going global" by 2025.

① The domestic Construction Machinery market has entered a phase of stock adjustment. This year, domestic manufacturers are focusing on increasing their overseas market share while stabilizing gross margin. ② The industry expects that next year's overseas market incremental demand will be more certain than in the domestic market, with export growth maintaining at over 10%. ③ Against the backdrop of equipment upgrades and policies favoring a stable real estate market, it is anticipated that domestic market demand will remain relatively stable next year.

cls.cnDec 30 07:27

SANY INT'L (00631.HK) appoints Zhou Lan as an independent non-executive Director.

Gelonghui reported on December 11 that SANY INT'L (00631.HK) announced that Ms. Zhou Lan has been appointed as an independent non-executive Director, as well as a member of the company's nomination committee and the ESG committee, effective from December 11, 2024.

Gelonghui FinanceDec 11 19:22

Hong Kong stock concept tracking | Domestic excavator sales are better than cme expectations. Under the background of domestic demand expansion, the valuation of the construction machinery sector is undergoing a repair (with related concept stocks attache

In November 2024, the domestic sales of excavators increased by 20.5% year-on-year, continuing to grow, better than cme expectations.

Zhitong FinanceDec 10 10:01

Hong Kong stock concept tracking | The Ministry of Industry and Information Technology is planning a new round of policies to stabilize growth in the manufacturing industry. The sales of excavators both domestically and internationally are gradually stabi

On December 3rd, a relevant person in charge of the Ministry of Industry and Information Technology stated that the ministry will focus on promoting stable growth in the equipment manufacturing industry, plan a new round of policies for stable growth in the equipment manufacturing industry, and promote the introduction of incremental measures.

Zhitong FinanceDec 4 06:59

Interra Resources Enters Heads of Agreement With Sany Heavy Equipment International Unit

MT NewswiresNov 21 12:44

[Brokerage Focus] Citigroup: Growth in China's electric heavy-duty truck market, xcmg construction machinery market share increasing.

Jinwu Financial News | Summary: Citigroup Research has provided the latest update on the electric heavy-duty truck (E-HDT) market in China. The report shows that in October, E-HDT deliveries increased by 4.6% month-on-month, reaching 8,250 units, and up 138.1% year-on-year. Sales in the first ten months of this year reached 56,800 units, representing a year-on-year increase of 142.6%. XCMG Construction Machinery's market share increased by 3.6 percentage points month-on-month in October, reaching 19.1%, while Sany Heavy Industry and FAW Jiefang Group's market shares decreased by 4.6 and 0.3 respectively.

King Wu Financial NewsNov 15 10:22