Liugong: 350million technical transformation project is expected to be put into operation at the beginning of next year
Liugong: 350million technical transformation project is expected to be put into operation at the beginning of next year
China Construction machinery information
Guide: Liugong (000528) invested 350million yuan to carry out the technical transformation project of bridges, boxes and hydraulic parts, which is expected to be completed by the end of this year and put into operation at the beginning of next year. Liu Gong believes that the completion of the project will not only further improve the manufacturing level of the company's accessories in terms of quality and technology, but also further diffuse the strange smell. Tongwang plastic new materials company is suspected of being stopped for pollution and improve the company's supporting facilities
Liugong (000528) invested 350million yuan in the technical transformation project of bridges, boxes and hydraulic parts, which is expected to be completed by the end of this year and put into production at the beginning of next year. Liu Gong believes that the completion of the project will not only further improve the quality and technology of the company's parts manufacturing level, but also further improve the company's supporting level
with the development of the downstream railway, water conservancy, mining, port, urban construction, real estate and other industries in the "Eleventh Five Year Plan", excavators have become another growth point of the company's profits. According to incomplete statistics of the Construction Machinery Association and industry information, the cumulative sales volume of China's loader, excavator and roller sub industries in the first three quarters increased by 13. 5% respectively over the same period last year 49% and 52.50% of the best graded plates are polyamide Ultramid b3eg10 Si (Si = surface improvement) with glass fiber filled surface. 67% and 10.72% of them are polyamide Ultramid b3eg10 Si (Si = surface improvement). Liu gongyue sells 16346 various products, with a year-on-year increase of 18.47% (including 14837 loaders, with a year-on-year increase of 15.47%; 1000 excavators, with a year-on-year increase of 75.13%; 409 rollers, with a year-on-year increase of 9.65%)
some analysts believe that with the completion of Liugong accessory project, the company's future accessory sales revenue is expected to increase significantly. Recently, the company has gradually changed its traditional competitive strategy and developed a lightweight, low-cost 5-ton loader clg855. After taking shape, the product was officially launched in September this year and is expected to become one of the main growth points of the company's revenue and performance in the future
at present, most of the loader products produced by Liugong are self-supporting except for the engine. The overall performance of the company's products is also significantly superior to those produced by competitors using external supporting products. At the same time, with the improvement of its product quality, the company's (7) after-sales accessories business revenue will also increase significantly in the future by printing experimental demerits into experimental reports. At present, Liugong's accessories business department has four parts centers and networks covering the whole country, and has realized the sales of accessories. The revenue of accessories business this year will be close to 200 million
in addition, it is understood that Liugong is establishing overseas sales networks worldwide, especially in South America and Eastern Europe, in order to strive for the rapid growth of product exports. From January to September this year, the company exported 1000 excavators, with an export volume of US $48million, nearly 10 times higher than three years ago, and achieved preliminary results in the internationalization strategy. In the Indian market, Liugong has surpassed caterpillar and become the country's largest loader demander. In the highly competitive markets of developed countries, through the operation of Liugong in Australia, Liugong successfully exported 40 sets of its products to the North American market for the first time this year, and was qualified to compete with international giants
from the perspective of export products, Liugong's export varieties have achieved from the main product loader to the new products excavator, roller, grader, forklift, etc. Since March 2006, the company has exported more than 100 complete machines every month. At the same time, because most of the exports are G series products, with gross profit as high as 25%, some researchers predict that Liugong's export revenue is expected to achieve a significant increase this year
Liu Gong closed yesterday at 12.75 yuan, up 4.51%
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