Major projects, leveraging the construction machinery industry recovery is expected to                                

Major projects, leveraging the construction machinery industry recovery is expected to聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽

Major projects, leveraging the construction machinery industry recovery is expected to聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽
“steady growth” ushered in the dawn of the downturn in construction machinery industry. Just a few days, the construction machinery industry to become the brightest star in A-share market.
Information, engineering machinery, construction machinery is essential for all kinds of construction projects, including shoveling and transport machinery, lifting machinery, pumping machinery, piling machinery, road machinery, and other several categories. 2009, the subject of the construction machinery market from the 4 trillion yuan investment-led.
Before and after the 4 trillion yuan investment to start engineering and mechanical performance of listed companies change more obvious.stainless pipe fitting. According to relevant statistics, in 2008, the slowdown in infrastructure makes the rapid cooling of the construction machinery enterprises, eight representative construction machinery company, Sany, Zoomlion and other operating income of 57.272 billion yuan, an increase of three percent; The net profit of 4.2 billion yuan, down one percent. After the end of 2008 to start an investment of 4 trillion yuan in 2009, the eight companys operating revenues increased to 86.446 billion yuan, net profit reached 7.831 billion yuan.
Earlier this year, the construction machinery industry, the situation is grim. Industry sales data show that in the first quarter of this year, excavators, bulldozers, road rollers and other products sales rose about 40 percent of the decline.
However, the policy measures of the State Council recently launched a package of steady growth, is changing the expectations of the market.
Company said that if the investment in infrastructure to support sustainable investment products will outperform gold in a greater benefit, and infrastructure-related plate. For example, after the introduction of the 4 trillion yuan stimulus in 2008, a cement plate outperform 18%, construction machinery outperformed 12%; three months, cement, construction machinery, construction outperform 22 %, 15% and 6%.actuated valves.
In accordance with the investment in infrastructure “project approval, the funds issued under investment” three steps, the current first and second step has been basically completed. In April, the Development and Reform Commission approval of 328 projects, much higher than the same period last year 173. 1 April, the State Budget growth has reached 28%, financial funds in succession in place. CITIC Securities, which means that from May and June, railway, highway, water conservancy infrastructure investment growth is expected to quickly picked up.
It is understood that, in recent years the rise of high-speed railway construction, the demand for construction machinery. Total investment of 220 billion yuan, the Beijing-Shanghai high-speed rail, for example, of which infrastructure accounted for 100 billion yuan, engineering machinery procurement of about 20.9 billion yuan, the construction period the average annual purchases of about 4.2 billion yuan.
Insiders said May, the overall boom of the construction machinery market has increased, mainly based on the gradual improvement in the demand side, water conservancy construction, high-speed rail to return to work, a new urban rail transit projects for the current situation more difficult engineering machinery industry brought support. (Wei Sui)