Engineering machinery leading companies start to recover
www.chinatrucks.com: Sales of engineering machineries increased by 30% since 2012, and Sany and Zoomlion are leading the second sales growth.
Sales of engineering machinery increased up to 8.74% in Feb.
"Currently sales of Sany are recovering, and it's mainly domestic markets to recover, especially cement mixer machineries. With the recovering infrastructure construction, Sany shares of cement machineries will take more than 50%," said Sany.
However, Zoomlion, similar engineering machinery maker, is comparatively conservative. "The adjusting policies on real estate industry are influencing engineering machinery industry, and sales in North China are still frozen, and March is the traditional slack season, " said sources from head office of Zoomlion.
The orders for Liuzhou heavy industry are just moderate, and the real recovery will need more time.
The engineering industry is not that bad last year as imaged by investors, our journalist was told by resources from Liuzhou heavy industry, but their overseas markets such as Europe, India and America are rather well.
Sany Heavy Industry posted sales reports on Jan. 30 that their market shares are increasing, so are their sales and profits.
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