In October, China's heavy truck market sales were approximately 0.063 million vehicles, with the industry performing averagely.
In October 2024, the sales volume of heavy-duty trucks in China was approximately 0.063 million vehicles (wholesale basis, including exports and new energy), an increase of 9% month-on-month, but a decrease of 22% compared to the same period last year, which was 0.0811 million vehicles, a decrease of about 0.018 million vehicles.
Overseas income accounts for more than 50% of Zoomlion's net profit in the first three quarters, with an increase of about 10% | Interpretations
①The company's revenue in the first three quarters decreased by 3.2% year-on-year; net income attributable to shareholders increased by 9.95% year-on-year. ②The proportion of overseas income has increased to over 50%, and the company plans to repurchase some H shares at the right time and cancel them.
Demand for earthmoving machinery rises, domestic sales of excavators in September increase by more than 20%, will infrastructure recovery be boosted by debt restructuring? | Industry News
① In September, domestic excavator sales increased by nearly 20% year-on-year, marking the sixth consecutive month of double-digit positive growth in domestic sales. ② With the gradual implementation of equipment renewal subsidies and the accelerated construction of major domestic infrastructure projects, the industry is expected to gradually emerge from the downturn.
The plan for the listing of zoomlion heavy machinery has fallen through. Zoomlion stated that it will not affect the company's existing business.
①Zoomlion plans to terminate the reorganization and listing of its subsidiary Zoomliongaoji with Shenzhen Roadrover Technology. ②Zoomlion stated that the termination of the reorganization project will not affect the production and operation activities of Shenzhen Roadrover Technology and Zoomliongaoji.
In August, heavy truck sales increased by 5% month-on-month to 0.061 million units, with the new energy fund continuing the trend of 'not being slow in the off-season'.
According to the latest data from the First Commercial Vehicle Network, in August 2024, the sales of heavy-duty trucks in China were approximately 0.061 million units (wholesale basis, including exports and new energy), a slight increase of 5% compared to July.
Hong Kong stock opportunities tracking | Great Wall Motor's mid-term profit increased by over 400% year-on-year; Alibaba spent nearly $80 million to repurchase shares.
Semiconductor Manufacturing International Corporation: The revenue for the first half of the year is approximately $3.6515 billion, a year-on-year increase of 20.8%. CM Bank's revenue for the first half of the year is 172.922 billion yuan, a year-on-year decrease of 3.11%. The renminbi has continued to rise, wiping out all the decline this year.