Construction machinery industry faces adjustment

In 2012, the construction machinery industry was in a downturn as a whole. In the first four months of 2013, the sales volume of major products rebounded, and there was uncertainty in the continued growth. The economic efficiency continued to decline, and the financial situation was not significantly improved; imports continued to decline, and the export outlook Not optimistic.

In 2013, the impact of the international financial crisis remained, the impetus for world economic growth was insufficient, trade and investment protection became more prominent, intellectual property disputes continued to increase, and mid- to long-term contradictions in economic operations overlapped with short-term issues, resulting in a more complex situation for the construction machinery industry in 2013. ,severe. In 2013, the construction machinery industry will slowly pick up on the basis of the 2012 downturn.

The current difficulties faced by the construction machinery industry are caused by the concentrating outbreak of problems in the industry itself over the years and the ups and downs of the macroeconomic situation. It does not indicate that the development prospects of the industry are not good, but that the rapid development of the industry has shifted to the adjustment period in the process of steady development. Pain period. In the future, the construction machinery industry will take today as a starting point and embark on a new stage of steady development.

The profit margin of the current special equipment industry improved during the steady increase in income. We believe that the recovery of profitability in the industry is due to the acceleration of investment in fixed assets in the transportation industry during the period. Although there is a recovery signal in the special equipment industry, the market still has concerns about the profitability of major manufacturers in the industry. Machinery and equipment manufacturers such as Zoomlion and China Longgong have tightened credit sales to improve their accounts receivables. We expect that the financial health of manufacturers in the industry will improve in the interim results.