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In July, the actual sales volume of Henry Hub natural gas heavy trucks was 0.0179 million, a significant increase of 69% compared to the same period last year. The market is not optimistic in August.
In July 2024, domestic sales of Henry Hub natural gas heavy trucks reached 0.0179 million, a 10% increase compared to June of this year, and a 69% increase year-on-year. The year-on-year growth rate expanded by 40 percentage points compared to last month (+29%).
Northeast Securities: Excavator cycle bottoming out, overseas markets open up growth space.
Policy stimulus combined with a considerable scale of stock and old markets will help excavator sales in the domestic market to achieve a bottom stabilization this year.
Lonking Holdings Plans Board Meeting for Interim Results
Lonking (03339.HK) will hold a board of directors meeting on August 29 to approve the mid-year performance.
Lonking China (03339.HK) announced on July 31st that the company will hold a board meeting on August 29th, 2024 to consider and approve the interim performance of the company and its subsidiaries for the six months ending on June 30th, 2024, as well as the publication of such performance, and to consider the payment of interim dividends (if any).
LONKING: DATE OF BOARD MEETING
Citic Sec: Equipment update policy is implemented, equipment investment in related fields is expected to accelerate.
For equipment updates and the scrapping and updating of old operational ships, the National Development and Reform Commission will take the lead in arranging approximately 148 billion yuan of ultra-long-term special national bonds to implement support policies for large-scale equipment updates.
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