The Zhitong Finance App learned that on February 20, affected by news that China's excavator exports continued to grow steadily in '22, the A-share construction machinery sector strengthened. As of press release, Tuoshan Heavy Industries (001226.SZ) rose and stopped, XCMG Machinery (000425.SZ), Sany Heavy Industries (600031.SH), Hangsha Group (603298.SH), Weiwan Seals (301161.SZ), Anhui Heli (), Weiwan Seals (301161.SZ), Anhui Heli (), Shantui Co., Ltd. (000680.SZ), Flyover Hoisting (002523.SZ), Liugong (Liugong) 600761.SH 000528.SZ) and other stocks led the rise.
Recently, heavy truck companies released production and sales data for January 2023. Sales of some heavy truck companies increased month-on-month in January, and their market position was further consolidated and strengthened. Recently, a number of people in the construction machinery industry chain said that there was no significant year-on-year increase in January shipments, but downstream customers' willingness to order has increased, and it is expected that February orders will be better than previously expected.
According to recent data from the China Construction Machinery Industry Association, China's excavator exports continued to grow steadily in '22, and 26 excavator manufacturers exported a total of 59.8% of excavators over the same period last year.
Industry insiders analyzed that in 2023, with the help of factors such as clear economic recovery expectations, increased infrastructure investment, and elimination of old vehicles, the possibility that heavy truck sales will bottom out gradually increases. The development of the heavy truck industry is expected to pick up, and it is expected that it will gradually break out of the bottom. Furthermore, brokerage sources have determined that the heavy truck industry has now reached an inflection point. Supported by favorable factors such as steady growth policies, infrastructure stimulation, and the orderly resumption of epidemic control, it is expected that 2023 will gradually break out of the bottom.