Securities Daily: The growth rate of high-end equipment manufacturing industry is fast, and Sany Heavy Industry dares to compete with international giants

Source: Securities Daily Reporter: He Jun

On July 9, the State Council issued the "Twelfth Five-Year Plan for the Development of National Strategic Emerging Industries", which further refined the relevant arrangements in the "Twelfth Five-Year Plan".

According to the plan, the sales revenue of the high-end equipment manufacturing industry will increase from 1.6 trillion yuan in 2010 to more than 6 trillion yuan in 2015, with an average growth rate of 30.26% in five years, and the growth rate in the announced subdivided industries is 5661 and 5655.

The equipment manufacturing industry spans the two major fields of traditional industries and emerging industries, and is known as the "industrial machine" and is the cornerstone of the manufacturing industry. All kinds of equipment and facilities required for industrial modernization are inseparable from high-end machining centers and basic manufacturing equipment, and their performance, quality and ownership have become an important symbol to measure a country's industrialization level and comprehensive national strength.

The development of high-end equipment manufacturing industry is directly related to the industrial upgrading and technological progress of some important basic strategic industries in China.

As an important part of the high-end equipment manufacturing industry, China's construction machinery industry can be described as making great progress. China's construction machinery enterprises, represented by Sany Heavy Industry, Zoomlion and XCMG, are conquering cities around the world. And these expansion actions are supported by both capital and technology.

On September 19, 2011, the world's longest boom pump truck was unveiled in Changsha. This boom pump truck is independently developed by Sany Heavy Industry, with a boom length of 86 meters, and so far, Sany has broken the Guinness World Record set by itself in 2007 and 2009 for the third time. It is worth mentioning that the advent of this pump truck not only means that Sany Heavy Industry has broken the monopoly of imported chassis on the long boom pump truck market, but also marks that Sany Heavy Industry is inConcrete pump truckfield to become a global leader.

From July 6 to 7 this year, the National Science and Technology Innovation Conference was held in Beijing. The meeting put forward the goal of "basically building a national innovation system with Chinese characteristics that adapts to the socialist market economy system and conforms to the law of scientific and technological development by 2020, and enters the ranks of innovative countries". 9 units made typical speeches, among them, Sany Heavy Industry is the representative of the first enterprise, but also the representative of the first private enterprise. Yi Xiaogang, the company's executive president and the first user, introduced the experience of Sany Heavy Industry with the title of "Independent Innovation Boosts the Revitalization of National Construction Machinery".

The premium of technological innovation also allows Sany to have enough capital to give back to investors. According to the data, since the listing of Sany Heavy Industry in 2003, only 1.99 billion yuan has been raised from the stock market (934 million yuan raised in the first IPO and 1.056 billion yuan raised in 2007), and the cumulative cash dividend has reached 3.734 billion yuan, which is 1.88 times the total amount of funds raised, which is the largest in the construction machinery industry. In other words, the funds raised by the company from the capital markets have been returned to shareholders in cash exponentially.