Sany: urbanization brings development opportunities. The target price is 40 yuan
Sany: urbanization brings development opportunities. The target price is 40 yuan
China Construction machinery information
Guide: relax the restrictions on registered residence in small and medium-sized cities and towns, stimulate the rapid growth of real estate. The relaxation of registered residence in small and medium-sized cities and towns will greatly accelerate the urbanization process of China's population and rapidly increase the housing demand in small and medium-sized cities, Drive the demand for concrete machinery, increase the pressure on infrastructure, promote urbanization, and relax the registered residence limit
relaxing the restrictions on registered residence in small and medium-sized cities and towns will stimulate the rapid growth of real estate. In short, the relaxation of registered residence in small and medium-sized cities and towns will greatly accelerate the urbanization process of China's population, rapidly increase the demand for housing in small and medium-sized cities, drive the demand for concrete machinery
the pressure on infrastructure will increase, promote urbanization, and relaxing the restrictions on registered residence will further increase the pressure on urban infrastructure and promote the urgency of infrastructure construction, The construction of infrastructure will increase the demand for construction machinery
investment in fixed assets continued to grow. In 2009, China's investment in fixed assets increased at an astonishing rate, which is expected to reach 32% for the whole year, far exceeding the growth rate of 23% and the highest 26% among the average American manufacturing employees in the past few years. Driving the construction machinery from negative growth to positive growth, the full digital, 3-loop (force, deformation, displacement) control system with adaptive PID algorithm will still play an important role in 2010
concrete machinery benefited from real estate and infrastructure investment. Sany Heavy Industry concrete machinery continued to decline year-on-year in the first quarter and increased significantly year-on-year in the second and third quarters. Infrastructure and real estate drove the growth of construction machinery, and the consumption in the real estate field gradually increased from 40% to 65%. It has become the best performing construction machinery variety in 2009, which is in line with the expectations of our model at the beginning of the year, There is no doubt that the year-on-year positive growth of 15% was achieved
mining machinery was driven by the troika of infrastructure, real estate and private investment. In 2009, excavator sales were low before and high after. In the second half of the year, infrastructure investment played a driving role, achieving positive growth at the end of the year, which was in line with our model expectations at the beginning of the year. After experiencing the low tide of the third quarter, the sales volume of Sany excavator increased rapidly in the fourth quarter, with 780 units sold in a single month in October. It is expected that the target of year-on-year growth of 100% will be exceeded in the whole year. In the next 10 years, private investment will become more and more active, and will become the troika driving the excavation machinery together with infrastructure and real estate
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