A few days ago, Sany International released data for the first quarter of 2022 - overseas revenue increased by 161%, revenue accounted for 26.5%, of which the mining equipment segment increased by 255%. From the above data of Sany International, we can roughly see two notable characteristics of Changsha's construction machinery industry since 2022: the overseas market has been booming; the blowout growth of mining machinery has become a new revenue growth point.

Substantial growth in foreign markets to hedge against downward pressure

Just looking at the overall situation of China's construction machinery industry in 2022, it is not optimistic - the main construction machinery products will decline to varying degrees compared with 2021. Excavators are the king of construction machinery, and domestic sales in the first quarter fell by 54.3% year-on-year.

Surprisingly, however, exports of major products such as excavators, loaders, bulldozers, motor graders and truck cranes all saw significant growth. The same is true for Changsha enterprises.

The reporter saw in the Changsha Industrial Park of Railway Construction Heavy Industry a few days ago that in several multi-span workshops, one after another "underground dragons" were lying still and waiting to fly, and exported to Sri Lanka, Singapore, Turkey, India and South Korea and other countries. Most of the manufacturing of shield machines) and shield machines have entered the stage of final assembly and delivery.

CRCC's overseas business continued its fiery trend in 2021, with new breakthroughs in multiple categories of products including TBM, shield machine, and drilling and blasting tunnel equipment. In the first quarter of 2022, the value of newly signed overseas contracts of CRCC increased by more than 9 times year-on-year, and overseas operations continued to climb.

The growth rate of Sany International, a subsidiary of Sany Group, is even more "exceeding expectations". In the first quarter, Sany International's overseas revenue increased by 161%, more than a quarter of the overall revenue.

Sunward Intelligence has also achieved rapid growth in many overseas regions. The relevant person in charge of Sunward Intelligent International Marketing Co., Ltd. explained that at present, the Belt and Road Initiative drives the acceleration of infrastructure construction in countries along the route, and maintains high demand for excavation machinery, underground engineering equipment, and hoisting machinery. European green industry also brings new energy power machinery. opportunity.

However, it should be noted that at present, whether it is Xugong, Liugong, Sany or China United, the domestic market is still the largest contributor to the company's revenue, and the overseas market is still small. To a certain extent, the increase in overseas market revenue can hedge against downward pressure, but how much of the effect remains to be seen.

Mining machinery opens the production revolution in the coal industry

Since 2022, in the field of construction machinery subdivision, mining machinery has been particularly popular, which is in sharp contrast to the sluggish industry situation.

Previously, for a long time, the global mining machinery industry, especially the high-end market, has been monopolized by European and American companies, but in recent years, with the support of national policies, domestic mining machinery brands have gradually embarked on a standardized and large-scale development. .

Breaking the inherent pattern of the global market requires Chinese companies to work together as a team. Looking at the domestic market, XCMG, Xiamen Engineering, Liugong, Sany, Zhonglian, Railway Construction Heavy Industry, and Shanhe Intelligent have all laid out relevant business lines. At the 27th Brazil Agricultural Technology Expo in May, XCMG signed a $200 million "E20" new energy equipment supply agreement on the spot, including more than 600 new energy products, becoming the winner of the largest contract value at the exhibition.

Zoomlion has a long history in the field of mining machinery, and has made breakthroughs in technology accumulation and product layout. So far, Zoomlion's mining machinery products have covered complete sets of equipment such as drilling rigs with a borehole diameter of 76-152mm, mining excavators of 70-300 tons, and dump trucks of 70-230 tons, which are intelligent and green. and integration trends.

It is only in recent years that China Railway Construction Heavy Industry has set foot in the mining field. From the first domestically produced first ultra-high roadway rapid complete equipment to bolting trolleys, and then to mining TBMs, Tiejian Heavy Industry's mining machinery is bigger than the other, and the product line is more and more abundant.

Also promoting the production revolution in the coal industry is Sany. "Our working face used to require at least 14 people. Using this set of intelligent fully mechanized mining equipment from Sany, now 4 people can ensure normal production." The relevant person in charge of Yunnan Xiongda Coal Mine said.

Market recognition brings large orders. According to the relevant person in charge of Sany International, the mining equipment segment of Sany International increased by 82.7% year-on-year in the first quarter. The order for roadheaders was scheduled for August, and the order for comprehensive mining was scheduled for October.

Substantial growth overseas will continue

Can overseas markets continue to grow substantially? From the perspective of the industry, the answer is yes. The "2022 Annual Survey of 100 Chinese Manufacturing Enterprises Going Overseas" released at the beginning of the year shows that 95% of construction machinery industry companies believe that overseas business will continue to grow in 2022; 30% of them expect more than 50% growth, and 15% of them expect 30 %~50% growth, 50% of enterprises are expected to achieve 10%~30% growth.

Judging from the performance of the above-mentioned companies going overseas in 2022, the growth rate of Changsha companies is significantly higher than expected, which will enhance corporate confidence and increase international market development.

He Qinghua, chairman and chief expert of Sunward Intelligence, said that in 2022, we will focus on building overseas talent teams, enhance competitiveness, and form synergy with business divisions and central platforms to firmly seize opportunities to jointly promote Sunward’s overseas market quality and quantity. Double lift.

"The company has always attached great importance to the localized operation of overseas markets. The previous overseas layout has now entered the 'harvest period' of accumulation and development, and the production line and product territory have been expanding, all of which have provided strong support for the development of overseas business." He Tsinghua said. Editor / Xu Shengpeng