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Therefore, most engineering machinery company this year have arranged expansionary investment plan. Mansion work plan 2011 capital demand shares about 57 billion yuan, including 37 million yuan; liquidity Expected 2011 capital investment about 1.6 billion yuan. Liugong is expected to 2011 seniority
Xugong is mainly aimed at driving, jaw crusher, intelligent control, energy conservation and environmental protection, structural strength analysis, new materials, new technology experimental research and the test technology, in mechanical engineering, foundation research and common core technology, key technology lead position.
Mansion work plan 2011 shares to raise funds about 21.65 billion yuan and to excavator 15000 units production capacity technical renovation programs and mansion work machinery (coke) Co., LTD, technical extension project phase.
Capacity expansion and upgrade technology has become the strategic focus of engineering machinery company.
Analysts, engineering machinery future crusher pattern will be: industry concentration continue improving; The market competition steering technology, quality, service competition; Independent innovation has been strengthened; More attention to key parts research, technology investment has been strengthened. Therefore, to adjust and transformation, innovation, upgrade will become domestic construction machinery industry development is thematic.
The annual report already disclosure of engineering machinery of listed corporations are expected this year income can maintain steady and rapid growth. Xugong plan 2011 realize the total business income 352 billion yuan, the 252.14 billion yuan more than last year growth 39%. Liugong plan 2011 achieved sales revenue of $23 billion, this will than company 2010 revenue growth 153.66 billion yuan to 49%.
China construction machinery industry association, the next five years are expected to domestic construction machinery market will continue to rise, the market years growth of about 17 percent.
Engineering machinery: expansion and upgrades
Although the industry analysts expect this year crusher will slow pace, but unexpectedly last year after a record sales this year, mechanical enterprises are still confident of double-digit growth, and therefore expansion capacity.