国联证券指出，国内注塑机约80%应用于通用塑料、汽车、家电三大领域，且行业集中度高，CR3约60%；注塑机出口进入新增长阶段，贸易顺差持续扩大；2023年全球注塑机市场规模约850亿元，中国全球市场份额约32%，海外市场空间广阔；后续随国内下游需求回暖，出口持续拓展，注塑机龙头业绩有望迎来高速成长期。Haitian Int'l (01882) rose over 4% in the afternoon, as of the time of publication, up 3.32% to HK$23.35, with a turnover of HK$39.5826 million.
According to the Securities Times APP, Haitian Int'l (01882) rose over 4% in the afternoon, with an increase of 3.32% to HK$23.35 as of the time of publication, with a turnover of HK$39.5826 million.
GTJA pointed out that China's monetary policy and employment policy have improved the consumer environment, driving demand for DKM injection machines. In August, China Customs reported that the export value of injection machines reached a historical high of RMB 1.413 billion, a 31.5% increase year-on-year. From 2018 to 2023, Haitian Int'l's share of injection machine exports has remained stable at 43.1%. Therefore, we expect Haitian Int'l's overseas sales to continue to grow in the near future.
Guolian Securities pointed out that about 80% of domestic injection machines are used in the general plastics, autos, and home appliances sectors, with a high industry concentration, CR3 of about 60%; injection machine exports are entering a new growth stage, with the trade surplus continuing to expand. In 2023, the global injection machine market size is expected to be around 85 billion yuan, with China's global market share at about 32%, leaving ample space in overseas markets; following the recovery of domestic downstream demand, exports will continue to expand, and the leading injection machine companies are expected to enter a period of high-speed growth.
