Construction machinery sales season is approaching, sales are expected to further rise. Driven by the high growth rate of domestic infrastructure investment and the recovery of real estate investment growth, demand for construction machinery industry in 2016 is picking up. The annual sales volume of excavators increased by 24.8% year on year, the first time since 2013, especially 9-12 Year growth of more than 70%, showing signs of bottom up, while bulldozers, road rollers and other construction machinery and equipment similar to the annual sales growth from negative to positive, were 46.3% and 15.1%. The PMI of 51.3% in January, maintained at 51.0% above the boom interval, with the mutual confirmation of the data is expected in the first quarter, the economy can still maintain the downstream demand is expected to support the construction machinery warmer continuation, while the Spring Festival will usher in the start season , Construction machinery industry is usually around March into the annual sales season in the downstream demand for the continuation of the continuation and the expected turn for the better, we believe that sales of construction machinery and equipment is expected to further rise, the relevant investment opportunities are still worthy of continued attention.
Continue to focus on the recent coal equipment. During the 13th Five-Year Plan period, the coal industry will eliminate over 800 million tons of backward production capacity and increase the annual production capacity of 500 million tons annually. The supply-side reform of the coal industry is expected to maintain a balance between coal supply and demand, Price, improve the profitability of coal enterprises. At the same time, the coal industry will continue to enhance production efficiency and enhance the degree of mechanization, by 2020, coal mining and tunneling mechanization degree of 85%, 65%, respectively, than in 2015 increased 9.7 percentage points. In addition, the coal machine equipment has gradually entered the renewal peak, coal equipment demand is expected to improve. Related companies: Zheng Coal, world science and technology.

    January 23-February 3 Machinery and equipment (SW) or 1.22%, outperforming the Shanghai and Shenzhen 300 Index (0.29%), outperforming the GEM index (-0.21%), prices in the industry rankings Front. January 23-February 3 The top five stocks in the industry for the Eddy Precision (61.08%), Tai Jia shares (61.07%), to pure science and technology (61.00%), Axis Research (32.72%), Loka (29.81%), the top five stocks for the first heavy (-14.09%), Shandong Molong (-13.34%), South China Instruments (-13.10%), intellectual degrees (-11.76%), Shenyang Machine Tool -9.65%).

    2017 in January China's manufacturing purchasing managers index was 51.3%; Shandong proposed construction of rail transportation equipment manufacturing province; Hebei rail transit development "thirteen" planning; Hubei intelligent manufacturing: strive to 2020 annual output value of 200 billion yuan; Ministry: Development of agricultural machinery and equipment to start the action program to create 100 "safe agricultural" demonstration counties; Development and Reform Commission announced the strategic new industries focus on products and services directory.