Hunan Daily: Sany Heavy Industry has a market value of more than 100 billion yuan and has become one of the listed companies in the same industry*

Source: Hunan Daily
 

This newspaper on October 21 (reporter Tang Aiping) Sany Heavy Industry's share price suddenly exerted force in the afternoon of October 20, rising all the way, to the morning of October 21, once soared to 42.90 yuan. So far, the total market value of Sany Heavy Industry's A-shares has exceeded 100 billion yuan for the first time, becoming the first listed company with a market value of more than 100 billion yuan in the construction machinery industry.

At present, the total share capital of Sany Heavy Industry is 5.06 billion shares. Since the beginning of July, the share price of Sany Heavy Industry has been in a state of slight climbing, and in the past three trading days, it has risen in volume, closing at 41.05 yuan on the 20th, up 9.79%; On the 21st, the stock price * 5661 rose to 42.90 yuan, making the company's total market value exceed 100 billion for the first time on that day.

Comprehensive strength is a strong driving force to guide the growth of Sany Heavy Industry's stock price. At present, China's fixed asset investment is still running at a high level, and there is a strong demand for construction machinery. Sany Heavy Work is the leader of concrete machinery, and the sales off-season in the third quarter is not light, and the output of concrete pumps in a single month has reached 601 units, a record high. With the growth of demand for affordable housing, concrete machinery is expected to maintain strong demand. On the other hand, the sales volume of Sany excavators rose against the market, and the annual sales revenue is expected to reach 8 billion yuan. At present, the company continues to expand the production capacity of excavators, and the production capacity will reach 10,000 units this year. With the country's regulation of the imported second-hand excavator market, the demand for excavators is also expected to maintain stable growth.

In addition, TrinityTruck cranesIn the past three years, the sales volume has achieved a growth of more than 100%, and it has grown into one of the three major truck crane manufacturers in China. It is expected that the sales revenue will reach 3 billion yuan this year. The company's crawler cranes benefit from the development of nuclear power and will also maintain stable growth.