With the support of the high growth in the annual performance of leading enterprises, the entire construction machinery industry is booming, and the industry's prosperity continues to improve. Chen Xianfan, an analyst at Soochow Securities, pointed out: “We expect the annual sales of excavators to reach more than 300,000 units, a year-on-year increase of more than 30%. Although the overall growth rate of the industry will decline in 2021, it will still maintain stable growth; The demand and the reasons for the replacement of loaders will continue to grow deterministically. Affected by the epidemic, the output of industrial robots has fallen in early 2020. After the epidemic eased, the output quickly recovered and the industry gradually recovered.
Extended reading WTI crude oil futures fell by more than 1% in the day and are now at 38.37 US dollars per barrel. China Securities: Optimistic about Apple's new 5G machine sales. Focus on quality companies in the industry chain. Luxury car manufacturer Bentley will become a pure electric brand in 2030
