Revenue up 70%! Sany International welcomed strong growth in the first quarter!

May 18,Sany International (00631.HK) HK）Released the operating data for the first quarter, and the revenue increased significantly70%。 In the context of the spread of the epidemic in China, the three major business segments of mining equipment, logistics equipment and robotics have achieved rapid growth, exceeding the expectations of many capital market investors.

According to the disclosed financial data, the company's operating income and net profit continued to maintain a rapid growth trend in the first quarter of this year. Total operating income for the first three months4.116 billionYuan (RMB, the same below), a year-on-year increase70.7%； Realize net profit attributable to the parent company444 million yuan, year-on-year growth31.2%。

After the results were released, Sany International immediately arranged in-depth exchanges with investors on the company's operation in the first quarter. The company's management said that the excellent performance in the first quarter was not only the external pull brought by the improvement of the prosperity of the downstream industry, but also the positive impact of the company's management improvement, the continuous promotion of digitalization, internationalization, electrification strategy and the rapid development of new business.

The company's announcement said that the coal industry has high volume and price, and global seaborne trade continues to grow. Policy-driven construction of smart mines and smart ports continues to accelerate, driving the upgrading of intelligent and electric products. The company's intelligent roadheaders, electric wide-body vehicles and a new generation of electric reach stackers and other products have strong demand, unmanned pure electric tractors and automated container trucks and other new products have quickly occupied the market, and the revenue of roadheaders, wide-body vehicles and small port cranes has achieved substantial growth.

"Almost all of the company's products have achieved double-digit rapid growth, of which the mining equipment segment has increased year-on-year82.7%The roadheader order is scheduled for August, and the fully mechanized mining order is scheduled for October. The company's management said at the investor conference: "The company's products continue to be upgraded in terms of intelligence and electrification, and the industry will continue to prosper, and we are also very confident in the growth of the second and third quarters." ”

With the in-depth implementation of the internationalization strategy, the international revenue of the company's wide-body vehicles, small port machinery and large port machinery has also increased significantly. The company's management said: "The company's overseas revenue increased in the first quarter161%, the proportion of revenue reached26.5%, of which the mining equipment sector grew255%, the growth of the logistics equipment sector98.8%。

The company is stepping up the implementation of various measures of the internationalization strategy, increasing resource investment, making up for shortcomings, and the international market coverage and product share are still increasing rapidly. In addition, under the influence of the company's continuous promotion of quality and efficiency improvement and strict implementation of cost reduction and cost control measures, operating efficiency has also continued to improve, and profitability has grown steadily.

It is worth noting that the company's new business segment is also getting better. The robot business continues to focus on discrete manufacturing and new energy industries, creating smart logistics AGVs, high-voltage lithium battery forklifts, and intelligent warehousingStereoscopic libraryand robot system integration and other advantageous products, business revenue doubled year-on-year in the first quarter of this year, an increase over the same period last year105%。 In terms of smart mining business, the current orders in hand for the underground mining automation business are close150 millionThe commercialization of unmanned driving has also entered the operation stage, and 30 unmanned mining vehicles have been put into operation, and the target is 50 this year.