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fufortunesmegaways| [Interpretation of tuyere] Important policy release, construction machinery sector active, inter-international joint closing up 4.38%

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Bubble Finance learned that on April 11, the A-share construction machinery plate was active, Intermediate Union (605305).Fufortunesmegaways.SH) closed up 4.38%.

In terms of news, recently, seven departments, including the Ministry of Industry and Information Technology and the National Development and Reform Commission, jointly issued the implementation Plan for promoting the Renewal of equipment in the Industrial sector, proposing that by 2027, the scale of equipment investment in the industrial sector will increase by more than 25% compared with 2023. The popularization rate of digital R & D and design tools and the numerical control rate of key processes in industrial enterprises above scale are more than 90% and 75%, respectively. The production capacity below the benchmark level of energy efficiency in key industries has been basically withdrawn, the energy efficiency of major energy-using equipment has basically reached the energy-saving level, the level of essential safety has been significantly improved, and the promotion and application of innovative products has been accelerated.

fufortunesmegaways| [Interpretation of tuyere] Important policy release, construction machinery sector active, inter-international joint closing up 4.38%

Soochow Securities analysis pointed out that the upward cycle of the last round of construction machinery is 2016-2020, according to the service life of 8 years, the last round of sales equipment has been in a large-scale life replacement period, 2023 is the low point of life replacement, and the renewal volume has begun to pick up year by year since 2024. With the increase in demand for renewal in the second half of the year and the decline in the base, the industry is expected to usher in a new round of renewal cycle in the second half of 2024, with a series of policies such as large-scale equipment renewal to boost the industry's recovery.

China International Joint is mainly engaged in the research and development, production, sales and high-altitude safety operation service of special high-altitude safety operation equipment.

In the first three quarters of 2023, the company achieved operating income of 699 million yuan, an increase of 24.50% over the same period last year, and a net profit of 119 million yuan, down 10.17% from the same period last year.

This article was first published in the bubble financial tuyere interpretation topic, if there is a reprint, please indicate the source.

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