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Soochow: Bullish on Construction Machinery for next year's domestic and international resonance, with mining and electrification contributing new growth points.
Soochow released a Research Report stating that during the current down cycle of Construction Machinery, companies focus on reducing costs and increasing efficiency, controlling risks, and improving profitability through cost optimization and structural improvement.
Express News | Sany Heavy Industry established a Machinery company in Guizhou with a registered capital of 10 million.
CMB International: In November, major Machinery exports from the mainland showed good growth. Bullish on ZOOMLION.
Zhaoyin International released a research report stating that the China Construction Machinery Industry Association announced the sales data for the entire series of construction machinery for November. In terms of exports, the export volume of key models maintained strong growth, especially the aerial work platforms which saw a year-on-year increase of 88%. In the domestic market, no improvement has been observed; excavators were the only model to see growth in November, while others declined across the board. In terms of stock selection, the bank is bullish on Sany Heavy Industry, mainly due to the high market share of excavators. The bank continues to be bullish on ZOOMLION (01157) for its wide product penetration in emerging markets. Additionally, the strong growth in exports of aerial work platforms is beneficial for Zhejiang Dingli Machinery (60.
Express News | The SANY Commercial Vehicle extreme cold test base has officially been established in Mohe.
Express News | Tang Xiuguo of the Sany Group: If you don't go overseas, you may be out
Express News | Donghai Securities: The growth rate of excavator domestic sales expands, and the domestic brand bamua shows great prominence.
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