The construction machinery industry is expected to rebound in the second half of the year.

From the scale of 40 billion yuan to 430 billion yuan, this is a glorious achievement of the construction machinery industry in the past ten years, and the era of the blowout of this industry is known as the "golden decade." However, with the timeliness of the World Bank, the construction machinery industry has gradually transitioned from extensive growth to stable growth. In July of this year, the “Twelfth Five-Year” development plan for the Chinese construction machinery industry was officially released. The plan points out that by 2015, the sales volume of the construction machinery industry in China will reach 900 billion yuan, with an average annual growth rate of approximately 17%.

Regarding the development situation of the construction machinery industry this year, Su Zimeng, secretary general of China Construction Machinery Industry Association, believes that the industry may experience a decline of nearly 20% in the first half of this year, but it is expected that the construction machinery market will rebound in the second half of the year. Overall, this year China's construction machinery market will grow steadily. Wang Yigao, an independent director of Shanhe Intelligence (8.09, 0.16, 2.02%) and chief economist of Hunan Real Estate Association, said that in the second half of the year, there are still many positive factors for the entire construction machinery industry.

Yin Shiliang, chief analyst of Galaxy Securities's machinery industry, believes that the industry is now moving towards differentiation, and the strong is always strong. Xugong’s purchase of Schwing, Sany’s acquisition of Putzmeister, and Liugong’s (11.36, 0.24, 2.16%) acquisition of HSW—the three giants of the construction machinery industry’s overseas acquisitions are undoubtedly the best evidence of this view. On the other hand, in the context of macro-control and market contraction, many small and medium-sized construction machinery companies are in a difficult situation. The business is polarized and the "Matthew effect" is highlighted.

The reporter was informed that after the acquisition of the elephant, the Sanyi concrete machinery maintained a relatively rapid development trend overall, and in particular, the growth rate of elephant brand products will exceed 10%. According to relevant sources from Sany Heavy Industry (Weibo) (13.16, 0.44, 3.46%), from January to May, the company’s excavation machine products (the top 12 companies) had a relative market share of nearly 20%, a year-on-year increase of over 7 percentage points. Ranked first in the industry, leading the industry second-class companies nearly 3,000 units; expected year-on-year sales growth will exceed 10% year-on-year; truck cranes sales rose by more than 5% from January to June, 25 tons and above product market share Ranked second in the industry. It is expected that annual sales will increase by more than 20% year-on-year, and in particular the export value will exceed 1 billion yuan.

“In the period of high growth of the industry, companies have had time to lay their feet and struggle for internal strength. The phenomenon of extensive management is evident. By the time of slowdown in growth, enterprises can calmly focus on the overall development and improve internal management and research and development. Heavy Industry (microblogging) has transformed the traditional piece-rate wage system into a comprehensive wage system that includes job packages, skill wages, and quality bonus packages, and encourages employees to improve their skills and focus on quality.” Wang Yigao analyzed.