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.
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In July, the domestic sales of excavators maintained a double-digit growth. The update of equipment in the second half of the year may speed up the industry's recovery.
①From June to September, the sales of the industry usually enter the traditional slow season, but this year the July season is not slow, and the excavator demand remains strong. ②The overseas market is still the main engine of growth for the second half of this year and even next year. The domestic market is expected to accelerate its recovery in the second half of the year thanks to the recovery of project start-up rates and the accelerated renewal of equipment.
In July, China's heavy truck sales fell by about 17% to approximately 0.059 million vehicles on a month-on-month basis. Sinotruk (03808) won the championship.
According to the latest data from the First Commercial Vehicle Network, China's heavy truck market sold approximately 0.059 million vehicles (wholesale, including exports and new energy) in July 2024, a 17% decrease compared to June and a 4% decrease from the same period last year, a reduction of approximately 2,000 vehicles.