How popular is Sany equipment? CCTV's "Financial Report" spoke authoritatively

Driven by domestic infrastructure investment and PPP projects, the construction machinery industry continued last year's hot market, coupled with the recent US President Trump proposed to Congress to approve the investment of $1 trillion in infrastructure in the United States, which undoubtedly added another fire to the already hot machinery market. To what extent are construction machinery companies on fire now? Let's take a look at the warm spring breeze felt by CCTV financial reporters in Sany Heavy Industry.

Orders from construction machinery companies have surged

Executives don't have weekends off

Chen Jing*, assistant to the president of Sany Heavy Industry, has been very busy recently, even on Saturdays, he has to fly to the United States to participate in the machinery exhibition, but also to inspect the American construction machinery market. He said that after entering February, the company's orders soared, which also made the whole company busy.

Chen Jing introduced that in January and February, several major products of Sany achieved rapid growth in an all-round way, excavators quadrupled year-on-year, and the "World Pump King" trailer pumps, pump trucks,Mixer trucksand other concrete machinery has also seen 100% recovery growth.

It's hard to find

Customer orders surged

Since 2012, the construction machinery industry has entered a downturn, and the sales staff of the enterprise are running around to promote machinery and equipment, but with little success. I didn't expect the industry to suddenly change so much. The salesperson sat at home and easily did the business.

Chen Kaiming, chairman of Hunan Hengde Concrete Co., Ltd., a major customer of Sany Concrete Equipment, said that his company has received many projects such as subways, bridges, and sewage treatment plants. Compared with previous years, the amount of work has increased a lot, and it is necessary to continue to purchase some equipment and vehicles.

From reducing people to recruiting

The industry is hiring for the first time in five years

With the recent warming of the market and the increase in orders, enterprises have begun to recruit people to expand production, which is also the first large-scale recruitment of the construction machinery industry after five years.

Pu Mingjun is the supervisor of the pump truck assembly line of Sany Heavy Industry, and he did not work overtime much before December last year, but in 2017, especially in February, his team was busy, although the number of personnel has increased a lot, but he still works overtime every day to busy production.

Destocking is nearing completion

Some machinery began to be replenished

The five-year downturn has allowed the entire construction machinery industry not only to reduce production capacity and work transformation and upgrading, but also to let the industry experience fierce competition and reshuffle. Among them, there were more than 100 excavator companies at the peak in 2011, and now there are only more than 20 left.

In Sany Heavy Industry, a row of newly produced engineering pump trucks is neatly arranged on the roadside of the factory. Ou Sheng, manufacturing director of Sany Heavy Industry Pumping Division, said that more than 60% of the equipment here has been booked by customers, and the inventory has basically been fully digested.

The industry situation has improved in an all-round way

Industry authorities are optimistic

Wang Jinxing, deputy secretary-general of the China Construction Machinery Association in Beijing, also accepted a telephone interview with CCTV reporters. In the interview, Wang Jinxing said that from the end of last year to the beginning of this year, the industry has had a more obvious recovery, the main products have been destocked, according to the current sales momentum in January and February, the company's future production plan will be adjusted.