NewswireToday - /newswire/ -
Beijing, China, 2012/01/11 - ResearchInChina, the vertical portal for Chinese business intelligence, announces the release of a new report –China Concrete Mixer Industry Report, 2010-2011.
In 2010, with the construction of real estate, highways and other large projects, China concrete mixer industry entered a rapid development stage. In the same year, the output reached 71,000, up 95.4% year on year; the sales volume surpassed 60,000, up 100% year on year; the export volume was 1,910, up 14.6% year on year.
During the period of "Twelfth Five-year Plan", China will focus on promoting the construction of indemnificatory housing. With the progress of urbanization process and the increasing demand for updating concrete mixers, it is expected that Chinese concrete mixer market will continue to grow in the next five years.
The report analyzes the supply and demand in Chinese concrete mixer market, and discusses 15 major concrete mixer enterprises.
In 2010, top 10 enterprises (by concrete mixer output) in China produced 42,898 concrete mixers totally, accounting for 60.2% of the total output. An Hui Xing Ma Automobile Co., Ltd. ranked first, followed by SANY and Foton.
In 2010, the concrete mixer output of An Hui Xing Ma Automobile Co., Ltd. set a record with 8,567, and its sales volume was 8,300. 86.79% of the concrete mixers of Xing Ma Automobile were equipped with the chassis of Hualing Star. In 2011, Xing Ma Automobile reorganized Hualing Motor. If the revenue of internally supplied heavy-duty truck chassis is included into the special vehicle revenue after reorganization, heavy-duty truck business will contribute 51% to the total revenue in 2011, becoming a new profit growth point of the company.
The main product of SANY is concrete machinery, and SANY is a leading concrete machinery manufacturer in the world. In 2010, concrete machinery generated operating revenue of RMB17.83 billion, up 88.28% year on year. In the same year, SANY produced 6,706 concrete mixers, up 92% from 2009. 94.04% of the chassis of SANY's concrete mixers came from SANY.
SANY plans to go public in Hong Kong and raise USD3 billion in 2011, as a move in its global strategy, the raised funds will be used to improve its international sales network and construct international industrial parks.
In 2010, Foton's concrete mixer output grew by 69.18% year on year. Foton focuses on the production of commercial vehicles, together with modified cars. Foton applies its own chassis to most of its concrete mixers. In 2010, Foton acquired the special-purpose vehicle business of Foton Heavy Machinery for RMB480 million.