The heavy truck Industry may return to growth in 2025, with the New energy Fund market becoming the focus of competition among all companies | Year-end summary.
① In 2024, the heavy truck Industry started strong but declined, with sales dropping more than expected; ② With the release of demand in Cold Chain green transport, express e-commerce, cross-border Transportation, and the elimination and updating of National IV vehicles, along with the shift of industry westward, the industry predicts a recovery in heavy truck market growth in 2025; ③ Sub-sectors are welcoming opportunities, with various companies vying for a share in the New energy Fund market.
Overseas income accounts for over half of Zoomlion's net profit in the first three quarters, with a growth of about ten percent. | Interpretations
①The company's revenue in the first three quarters decreased by 3.2% year-on-year; the net income attributable to the mother increased by 9.95% year-on-year. ②The proportion of overseas income has increased to over 50%, and the company plans to repurchase some H shares and cancel them at the right time.
Garrett And SinoTruk Sign LOI With China National Heavy Duty Truck Group Co., To Bring Leading High-Speed Electrified Powertrain To E-Trucks
Demand for earthmoving machinery rises, domestic sales of excavators in September increase by more than 20%, will infrastructure recovery be boosted by debt restructuring? | Industry News
① In September, domestic excavator sales increased by nearly 20% year-on-year, marking the sixth consecutive month of double-digit positive growth in domestic sales. ② With the gradual implementation of equipment renewal subsidies and the accelerated construction of major domestic infrastructure projects, the industry is expected to gradually emerge from the downturn.
Trending Industry Today: ZOOMLION Leads Losses In Heavy Equipment Stocks
Trending Industry Today: ZOOMLION Leads Gains In Heavy Equipment Stocks