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When Should You Buy Sany Heavy Industry Co.,Ltd (SHSE:600031)?
CMB International Upgrades Sany Heavy Industry to Buy From Hold; Price Target Is 21 Yuan
SANY Podczas Targów Bauma CHINA 2024: Pionierski Rozwój Nowej Jakości
Caixin Securities: National policies help boost domestic demand, and the excavator market remains prosperous.
The Ministry of Industry and Information Technology has issued guidance on the renewal of key industrial equipment, continuously strengthening the foundation of industrial economic operation, promoting the expansion of domestic demand in our country, and the development space of excavators is growing synchronously. bullish on valuation repair, maintaining the 'leading big market' rating.
Huachuang Securities: Economic viability + policy guidance provides broad prospects for the development of electric heavy-duty trucks.
In recent years, the penetration of electric heavy trucks has accelerated, with a penetration rate exceeding 11% by October 2024. The total benefits over a 9-year lifecycle are about 15% higher than diesel vehicles.
Sinolink: From "small iron factories in county towns" to a construction machinery giant, the Komatsu model may be replicated in the domestic construction machinery industry.
Currently, domestically produced construction machinery has achieved domestic substitution in the main engine market, but the emphasis on the after-sales market is not enough. Strengthening after-sales markets such as maintenance and repair, and spare parts is key to enhancing revenue stability and sustainability.