Domestic excavator sales have fallen for 13 consecutive months.

Since the second quarter of 2021, the sales of domestic excavators have declined for 13 consecutive months, while foreign sales have continued to grow.

Guojin Securities Research reported that leading overseas companies led by Xuantong Machinery (SZ000425, stock price of 5.33 yuan, market value of 41.75 billion yuan), Sany Heavy Industry (SH600031, stock price 18.11 yuan, and market value of 153.813 billion yuan) increased.Cushion the risk of cyclical fluctuations on the downside of domestic sales.

In addition, Zhou Likai, representative of Sanyi Heavy Industry Securities Affairs, said in an interview with the reporter of the Daily Economic News that there is indeed some adjustments in the excavator industry, but the time will not be too long. Generally speakingEssence

Daily Economic News

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