Daily Economic News: Construction Machinery Industry Picks Up Sany Heavy Industry Buys a Lot of Shanghai Stock Connect

Sany Heavy Industry (600031, closing price of 6.38 yuan), a leading domestic construction machinery enterprise, has recently received a large net purchase in Shanghai-Hong Kong Stock Connect, and frequently appears in the list of the top 10 active trading stocks in Shanghai-Hong Kong Stock Connect.

After years of decline, the construction machinery industry has finally ushered in warmth. The third quarter report of 2016 shows that the revenue and net profit of the domestic construction machinery industry have rebounded year-on-year. Among them, Sany Heavy Industry achieved a net profit of 175 million yuan in January ~ September this year, a year-on-year increase of 328.48%.

In this regard, Sany Heavy Industry said on its official Weibo on December 9, "the recovery signal continuously transmitted by the excavator market has gradually been transmitted to other products of construction machinery and equipment, and the signs of recovery in the industry are gradually obvious." ”

Since September, the sales of Sany excavators have accelerated significantly. The data shows that the sales volume of Sany excavators in September ~ November this year reached 101.12%, 129.38% and 131.30% respectively.

At the same time, Sany Heavy Industry also issued a revised equity incentive plan on December 10, and its performance appraisal requires the company's net profit in 2017~2019 to increase by 10% or more compared with the previous year. At the same time, the company continues to expand overseas business, Sany India's sales in 1~10 months this year increased by 63% year-on-year, Liang Wengen, chairman of Sany Heavy Industry, recently visited Sany India and said, "Today's Sany India, is ten years ago Sany Heavy Industry, also facing huge development opportunities, I hope Sany India colleagues to seize the development opportunity, in India to create another 'Sany'." ”

In the context of the recovery of the industry, Sany Heavy Industry has recently received a large number of purchases from Shanghai-Hong Kong Stock Connect. According to the data, on December 8, the total turnover of Sany Heavy Industry Shanghai Stock Connect was 201 million yuan, accounting for 34.57% of the total turnover of Sany Heavy Industry of 581.7 million yuan on that day. Among them, the amount of Sany Heavy Industry bought by Shanghai Stock Connect was 199.9 million yuan, and the amount of sale was 1.1614 million yuan, and the purchase amount of Shanghai Stock Connect accounted for 99.42% of the total transaction amount of Shanghai Stock Connect. At the same time, on the same day, Sany Heavy Industry also ranked first with a net purchase of 198.7 million yuan in Shanghai-Hong Kong Stock Connect.

On December 6, the total turnover of Sany Heavy Industry Shanghai Stock Connect was 88.4538 million yuan, accounting for 38.37% of the total turnover of 230 million yuan of Sany Heavy Industry on that day. Among them, the amount of Sany Heavy Industry bought by Shanghai Stock Connect was 870.844 billion yuan, and the amount of sales was 1.3693 million yuan, and the purchase amount of Shanghai Stock Connect accounted for 98.45% of the total transaction amount of Shanghai Stock Connect. On the same day, Sany Heavy Industry also bought a net of 85.7151 million yuan in Shanghai-Hong Kong Stock Connect, ranking among the top 10 active trading stocks in Shanghai-Hong Kong Stock Connect.