The domestic crane industry is still hot

The crane industry in China is at a high-speed growth stage of the market, with a large profit margin and development potential. The heavy machinery business has been listed as one of the five major industries that the company has focused on during the 12th Five-Year Plan period. This is why large companies are rushing to enter the crane production field.

On September 24, 2011, Beiqi Foton Motor Co., Ltd. formally announced that it would invest 213.451 million yuan to build a Huairou plant for heavy machinery, produce crane products (car cranes, crawler cranes, etc.) and expand pumping products (pump trucks). And so on) production capacity, to supplement the existing manufacturing resources capacity gap. At this point, Beiqi Foton officially officially entered the construction machinery industry. This was followed by Wuliangye Group, Chery Automobile and Rongsheng Heavy Industries. Another large listed company announced its participation in the domestic arm of the construction machinery.

With the growing development of the construction machinery market, the demand for information exchange between enterprises and users has also expanded, the influence and dominance of the Internet have begun to strengthen; the global scope and high-quality Internet information services will be the next most important One of the areas of competition.

The truck crane is the third largest model for construction machinery. According to statistics, in October 2011, 14 major truck crane manufacturers sold 1,934 sets of truck cranes. From January to October, 31,268 units were sold, an increase of 4.54% year-on-year. In the first quarter of this year, as Sany’s newly entered business area, Sany Heavy Industry’s crane sales reached more than 1,100 units. Sany Heavy Industry President Xiang Wenbo told the media: “A lot of people are worried that the construction machinery industry cannot continue to maintain rapid growth. It seems to me that the construction machinery industry has at least a 10-year golden period.” To Wen Bo’s words, he made a strong effort to make the crane market once again the focus of the industry.