Second half: The pace of recovery of construction machinery is weak

In the first half of this year, the recovery of the construction machinery industry was weak. The slowdown in infrastructure growth, tightening liquidity, and the peak construction of new real estate led to a lack of upward momentum in demand in the second half of the year.

It is expected that the construction machinery market will continue to maintain its pace of slow and steady recovery in the second half of the year. Considering that the chain data in the second half of last year was significantly weaker than seasonal, the excavator sales volume will change according to the seasonal pattern, and the growth rate will reach 24% in the second half of the year in the second half of the year. .