New Opportunities under the New Normal In 2018, the construction machinery industry is both cruel and beautiful.

In the past ten years of development, China's construction machinery industry has achieved remarkable results. Chinese companies represented by Sany, Xugong, Zhonglian, Liugong and SINOMACH lead the industry, products, technology, market, and single drum compactors. 5 comprehensive upgrade. However, from a holistic perspective, China's construction machinery industry is still "big but not strong." After entering the "Twelfth Five-Year Plan", with the transformation of China's economic development mode, the industry has responded quickly to economic fundamentals, industry growth has slowed, and low-end production capacity has become excessive.

Correspondingly, multinational companies have made huge profits in the high-end products and small-capacity markets. According to data from the China Construction Machinery Industry Association, sales of major construction machinery products in China in the first seven months of this year increased by 0.88% year-on-year. We believe that the “innovation drive” is imperative in 2018, and “transformation and upgrading” has become an inevitable trend in the future construction machinery industry and a new focus of industry development.

Strengthen innovation drive, promote transformation and upgrading

The transformation and upgrading of the construction machinery industry should be driven by innovation. The essence of transformation and upgrading is a competition to seize the commanding heights of new technology. Whether it is to optimize the increment or adjust the stock, it is inseparable from innovation. The 18th National Congress of the Communist Party of China has clearly proposed the implementation of the "innovation-driven" development strategy. It can be said that innovation is the source of vitality and can bring more quality development to the construction machinery industry, thereby enhancing the competitiveness of the entire industry.

For enterprises in the industry, we should seize the new opportunities brought about by the adjustment of the national economic structure, increase technological innovation, and produce new products that meet the market demand and development trends in the new era. We believe that we should focus on the following aspects:

With the development of infrastructure construction, large-scale infrastructure construction projects are diminishing, and repair and protection and urban small and medium-sized engineering projects will continue to increase. Small and micro-engineering machinery products have broad prospects to save labor costs and improve work efficiency.

Due to the development of engineering materials, scale, category and construction environment, engineering machinery equipment will be required to meet the requirements of individualization and multi-functionality in the future. One machine multi-purpose can improve the utilization rate of equipment.

For the sustainable development of the national economy, construction machinery products should pay more attention to energy conservation and environmental protection, which is also the entry permit for Chinese products to enter the developed markets.

In addition, industrial design should be integrated into product design, modular design and virtualized manufacturing will be more extensive, product host manufacturers and spare parts suppliers and research and development institutions to cooperate to jointly develop and produce marketable products. At the same time, the German "Industry 4.0" standardized circuit diagram is also the future development direction of the engineering machinery industry. It uses network information technology to realize the intelligentization of products, and at the same time realizes intelligent manufacturing based on the first construction machinery network and application.