Construction machinery companies will enter the market-intensive period

Authoritative sources revealed to reporters a few days ago that the "12th Five-Year Plan" of the construction machinery industry (hereinafter referred to as the "Planning") will be introduced before the end of this year, in which it is specifically proposed that construction machinery companies will be encouraged to finance through listing and other means.

According to the statistics of the China Construction Machinery Industry Association and other institutions, there are currently more than 50 companies with sales of over 1 billion yuan in the domestic construction machinery industry, and the number has accounted for more than 80% of the total number of enterprises in the industry. Currently, only listed construction machinery enterprises are There are more than 10 companies including Sany Heavy Industry and Zoomlion. According to China's A share market's listing standards for enterprises, most companies in the industry can meet the corresponding performance requirements.

According to the above-mentioned sources, with the promulgation of the "Planning", the relevant policies to encourage enterprises' listing and financing will further stimulate the companies' market impulse. Therefore, it can be expected that during the "Twelfth Five-Year Plan" period, the construction machinery industry will be expected to enter the company's market-intensive period.

“At present, some outstanding engineering machinery companies in Shandong and Hunan are planning to go public.” The above sources said.

"Planning" shows that the "Twelfth Five-Year Plan" national plan has fostered the development of aircraft carrier-type internationally renowned companies and a group of specialized, refined and special small and medium-sized enterprises through policy support and other means.

Among them, build 3 or 4 enterprise groups with sales of 100 billion yuan and 5 or 6 groups of 500 billion yuan, becoming internationally renowned companies; at the same time, support the development of a group of specialized, refined, special, and well-developed companies. Small businesses make the industry structure more rational.

The above authoritative sources pointed out that according to the “planning”, the sales volume of the construction machinery industry at the end of the “Twelfth Five-Year Plan” period will reach 900 billion; at the same time, China’s railways, highways, security housing and other areas still maintain stable investment. These factors will ensure the steady development of enterprises. However, if enterprises are to achieve leapfrog development, they will still face the pressure of factors such as the rising costs of capital, raw materials and labor. Therefore, through the listing and financing will help companies achieve the goal of further development.

"Planning" also shows that, in addition to traditional fields, with the adjustment of China's industries during the "Twelfth Five-Year Plan", water, aerospace, environmental protection, ocean engineering and other fields usher in a new industrial cycle. Therefore, during the “Twelfth Five-Year Plan” period, we will speed up the research and development of offshore engineering construction machinery, develop comprehensive technologies for recycling and reuse of urban construction waste, and accelerate the development of urban waste treatment and comprehensive utilization equipment.

Deco Investment Analysis believes that the demand for construction machinery in related markets such as water conservancy, aerospace, and environmental protection will further increase in the future. The corresponding construction machinery companies are expected to become the industry’s “new enthusiasm” and usher in high-speed growth.