In June, sales of excavators increased by more than 63% year-on-year. According to comprehensive upstream and downstream industry data, July sales growth is expected to exceed 60% year-on-year, and the boom of construction machinery will continue to exceed market expectations.
It is expected that the growth rate of excavator sales in 2020 will exceed 25%, the growth rate of concrete machinery is expected to maintain a growth rate of 20%, and the growth rate of truck cranes is expected to maintain a growth rate of more than 15%.
It is expected that the performance of major leading construction machinery companies will increase by 50% or even higher in the second quarter, and the interim report performance is expected to exceed expectations. Continue to recommend leading Sany Heavy Industry, Hengli Hydraulics, construction machinery, etc.
