Source: Internet Release Date: 2006/4/1
Recently, the related products of the construction machinery sector affected by the XNUMXth Five-Year Plan have been active. Guiliugong and Beifang have doubled their gains, and Hebei Xuangong has continued to increase its volume.Investigating the reason, we found that in addition to the localization of major equipment manufacturing in the machinery industry, support will be given during the XNUMXth Five-Year Plan period. The biggest motivation is the ongoing wave of mergers and acquisitions in the construction machinery industry. (Precautions for current stock operation...)
Due to the impact of macro-control in the first half of last year, the construction machinery industry was hit to a certain extent. However, starting from the third quarter of last year, the downturn in my country's construction machinery industry has bottomed out. The company's performance has seen a significant rebound, and the machinery manufacturing sector has ushered in a new opportunity for growth. The "Eleventh Five-Year Plan" pointed out that my country should promote the optimization and upgrading of industrial structure, improve the level of industrial technology through independent innovation, and accelerate the development of advanced manufacturing.At the same time, the promulgation of the "Several Opinions of the State Council on Accelerating the Revitalization of the Equipment Manufacturing Industry" has also brought policy guarantees and room for development to the major equipment industry in my country's machinery industry.The industry boom and the support of national policies have attracted foreign investment to participate in the merger and reorganization of the domestic machinery manufacturing industry. At the same time, the low concentration of production in the construction machinery industry is conducive to triggering large-scale asset restructuring.
At present, there are 1008 domestic production enterprises, and there are only about 30 enterprises with assets of more than 10 million yuan, four of them with assets of more than 30 billion yuan, and XCMG only one enterprise with assets of more than 500 billion yuan.Concentration of production in the construction machinery industry is low. Faced with the impact of foreign capital, small and medium-sized enterprises that do not have price advantages will inevitably be eliminated, and the entire construction machinery industry will inevitably undergo large-scale asset restructuring.At the same time, the degree of regionalization and specialized production of construction machinery is gradually increasing, and the focus of global construction machinery production and sales is gradually shifting to the Asia-Pacific region, especially in China.Well-known foreign companies fancy the relatively cheap labor and extensive sales network of domestic companies.Therefore, the wave of mergers and acquisitions of domestic construction machinery companies by foreign capital has quietly started.Among them, Caterpillar, as the world's largest construction machinery manufacturing company in the "Fortune XNUMX", naturally becomes a major player.From the perspective of Caterpillar's acquisition purpose, it intends to incorporate Chinese machinery manufacturing enterprises into its production system, requires brand ownership, and emphasizes global integration.Therefore, under this market background, construction machinery stocks that have a substantial concept of mergers and acquisitions, production equipment with international standards, or independent intellectual property rights are still worthy of attention. (The opportunity is here, which stocks should I pay attention to now?)
Recommended by key listed companies in the machinery manufacturing industry
Recommended reason for listed company code
Northern Stock (600262) 1. A leading enterprise in the mining vehicle segment market with a high market share. 2. The international non-ferrous metal prices are rising, and the export of mining vehicles is gaining momentum. 3. Industry consolidation in the mining industry is conducive to maintaining high demand for mining vehicles.
Hebei Xuangong (000923): 1. An important domestic bulldozer production and sales volume ranking first in the national bulldozer industry for seven consecutive years. 2. With the implementation of the new countryside construction, bulldozer equipment manufacturers bring huge business opportunities.
G Yunnei (000903): 1. The largest diesel engine manufacturer in the western region, and its market share of automotive diesel engines ranks third. 2. The successful research and development of car diesel engines with independent intellectual property rights will improve the company's overall profitability.
