XCMG machinery: welcome the dawn over the winter
according to the National Bureau of statistics, the annual GDP in 2015 was 67670.8 billion yuan, an increase of 6.9% over the previous year at comparable prices, and the GDP growth rate in 2015 hit a 25 year low. According to the analysis of securities traders, China's future lies in high-end manufacturing and modern service industries, all of which depend on reform. There are thousands of sails on the side of the sinking boat. Whoever can transform and upgrade in time can break through the barriers and achieve leapfrog development. Opportunities are always generated in the "danger"
facing this complex era, only visionaries can make steady progress. 20 years ago, XCMG Construction Machinery Co., Ltd. (abbreviated as XCMG machinery, code: 000425) successfully landed on the Shenzhen Stock Exchange, and was one of the early industry leaders entering the capital market in China; 20 years later, XCMG followed the situation closely again, and was at the forefront of the industry
make "subtraction" on the side of the sunken boat
for 20 years, XCMG machinery has never slackened, and strives to give back to investors with the best results. As one of the most influential construction machinery brands in China, the mobile crane of the company is in the leading position in the world, occupying an absolute leading position in the field of domestic super large tonnage cranes; Shoveling machinery and concrete machinery are in the forefront of the industry; Road machinery is among the top five in the global industry
the road to success has never been smooth. Since 2012, affected by the slowdown of economic growth and the reduction of overall investment demand in the downstream, the overall operation of the construction machinery industry has remained depressed, some construction machinery products have appeared overcapacity, the industry competition has become increasingly fierce, and the profits of the whole industry continue to decline
facing the severe situation of the construction machinery industry, XCMG closely followed the main line of transformation and upgrading. On the premise of consolidating and strengthening the traditional main business, XCMG compressed, transferred and eliminated some production capacity with relatively weak market competitiveness and poor short-term financial return
on June 12, 2015, XCMG group (Hong Kong) International Trade Co., Ltd., a wholly-owned subsidiary of the company, signed an equity transfer agreement with XCMG (Hong Kong) International Development Co., Ltd., which agreed that XCMG Hong Kong trade would transfer 90% of the equity of XCMG Brazil Investment Co., Ltd. (hereinafter referred to as XCMG Brazil investment) to XCMG Hong Kong development at a consideration of 379.67 million yuan
on December 12, 2015, the company announced that it would transfer 75% of the equity of Xuzhou XCMG schweiying Machinery Co., Ltd. (hereinafter referred to as XCMG schweiying) to Xuzhou Construction Machinery Group Co., Ltd., and the price of the transaction object was 67, an increase of 62 billion yuan and 6.63 million yuan over 2015. After the completion of the transaction, the company will no longer hold the equity of XCMG schweiying, and will no longer produce and sell concrete machinery products
old makes new. Facts have proved that XCMG's various measures are conducive to the company's further concentration of resources and advantages, the development of its core business, the improvement of its overall profitability, and the long-term development of listed companies. In recent years, due to changes in the political and economic situation in Brazil, XCMG Brazil achieved a net profit of -14.64 million yuan in 2015; On the other hand, Xu Gong Shi Weiying, who undertakes the business of concrete machinery products, was affected by the decline in the growth rate of macro-economy and fixed asset investment. If the initial operation of Xu Gong Shi Weiying was relatively smooth in 2015, the operating profit and net profit of Wei Ying were negative. This divestiture will help the company focus on developing its core business and improve its asset structure and business proportion
ten thousand trees make "addition" in spring.
thousands of sails pass by the side of the sunken boat, and ten thousand trees in front of the sick tree. Where is spring? On January 27, Premier Li Keqiang proposed to promote the healthy development of Internet Finance and improve the coordination mechanism of financial supervision in his government work report. Obviously, "spring" cannot be separated from Internet and finance
visionaries advance steadily. Seeing the direction of the development of the times and the guidance of macro policies, XCMG actively transformed and upgraded, retained and injected high margin products and industries, improved the profitability of its main business and cash flow from operating activities, and once again took the lead in the industry
at the end of 2014, the company loaded the assets of XCMG foundation and three joint ventures; In 2015, we completed the asset injection of two joint ventures including Roth aid; In July 2015, the company announced to purchase all shares of XCMG information held by XCMG group, that is, 60% shares of XCMG information. The quality requirements of raw materials are added to this standard; In January 2016, it was announced that XCMG fire safety equipment Co., Ltd. would be established with an investment of 200million yuan, specializing in the fire industry and aerial work platform business; As early as the end of 2011, the company began to invest in XCMG... All these reflect the company's determination to constantly optimize the asset structure, seize the market high point, and concentrate resources to develop profitable business
ninety thousand miles, the wind and Peng are lifting. By the end of 2014, XCMG's monetary capital balance had reached 5.158 billion yuan. With the company's divestiture of low profit assets, its cash in hand amount will further increase; On the other hand, the company will further expand its business in the field of intelligent manufacturing by taking XCMG's lack of foaming as the entry point, actively develop new business forms such as "interconnection + manufacturing" and "interconnection + service", and at the same time, use XCMG investment to participate in the primary market, primary and semi market, secondary market, PE investment and establish industrial funds, actively capture investment and development opportunities in economic fluctuations, and obtain higher investment returns, Add new profit growth points
"no winter is insurmountable". In the future, with the help of the global strategy of "industry + capital", XCMG will break through barriers, tap the international high-end market with high-quality, high-tech and high-level products, realize the industrial ambition of "climbing Mount Everest", and contribute a powerful world-class brand of high-end equipment to the country
over the cold winter, XCMG will touch the best sunshine
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