2015 first half ended. Chinese construction machinery industry is running with no change compared to the previous, even worse performance.

But in the middle there are some interesting meaning things happen; especially in the capital market, large enterprises continue to drama, and has been extended to mid-July.

Semi-annual report of the disaster in the first half 2015, China's construction machinery industry hosts almost all manufacturers are burdened by enormous pressure to perform. June, Xugong, Zoomlion, Hill pushed, Chinese dragon and several companies have released results notice. Where Xugong first half 2015 net profit is expected to 500-5000 million; Zoomlion expects net profit loss 2.8-3 one hundred million; Shantui expected net loss 2.5-3.1 billion in Chinese dragon announced that the first half of 2015 significantly reduced profits.

As of mid-July, Liugong Machinery, Sany, Xiamen Engineering Machinery not released first-half results notice.

XCMG Xugong Brazil Schwing and successive injection group

June 2015 date, Xugong secretaries certain busier than at any time in the past year.

Early - June 3, 2015, Xugong announcement that the company's largest shareholder Xugong limited holdings Xugong 4561.7 million shares. After that 4-5 days, the holdings of cash 400 million yuan of funds. This is the first reduction since 2008 XCMG major asset restructuring.

June 12, 2015, Xugong announced that through its wholly owned subsidiary, in order to price 3.796711 yuan, its actual control of Xugong Group, a wholly owned subsidiary of the transfer of Xugong Brazil Investment 90% stake, the purpose is to optimize the Xugong asset structure and improve efficiency assets.
On the same day, Xugong, a wholly owned subsidiary - XCMG additional cash to invest in Chongqing Rong Hao Rui workers invested one billion yuan. Xugong financial investment is Hao Rui workers limited partnership. Before the additional funding, Xugong investment 700 million yuan, 800 million yuan in the financial trust and investment; capital contribution, the Xugong investment 1.7 billion yuan, 1.8 billion yuan financial trust, the proportion was 48.56% and 51.41%. Xugong Statistics show the actual control of financial trust people Jingwei Textile Machinery Company Limited, while the planting Enterprise Group Co., Ltd., Harbin Investment Group Co., Ltd. also holds shares of financial trust. "In the plant system" beats in the capital markets and among its own system of internal financial platform will cooperate with each other, the supply of funds, zoom lever. Xugong speculation that the move could make better use of the relevant platform, cross-sectoral, cross-sectoral development and cooperation.

The announcement after the second day - the June 13, 2015, Xugong to Xugong wholly owned subsidiary capital increase 300 million yuan investment, the latter registered capital of one billion yuan. 2015 January-May, Xugong investment over 20 million yuan net profit, full year 2014 net profit of 28.6 million.

After this interval ten days, July 3, 2015, Xugong suspension notice issued. July 9 release suspension announcement of progress on major issues, said the share issues and asset integration issues is planning to repurchase. July 9, 2015, Xugong announcement that the holdings limited XCMG Xugong 300 million yuan within six months.

13, Xugong issued "on the establishment of accounts receivable asset-backed plan steering announcement", set up a special program by the animal, issue size of 200 million yuan for a period of 3 years, asset-backed securities, to raise funds to supplement the company plans to user operation or investment funds.

On the same day, Xugong approved the "buy all the shares held by XCMG Xugong information that Xugong information 60% of the shares" issue.

Day evening, Xugong also released another one notice, on the transfer of Xuzhou Construction Machinery Group Co., Ltd. Xuzhou Xugong Machinery Co., Ltd. 75% stake in Schwing notice should. After the completion of the transfer, Xugong concrete equipment business full injection group, the company no longer holds shares Schwing, no longer in production and sale of concrete machinery products XCMG Schwing report is no longer included in the consolidated financial statements.

Thereafter Day Two - July 14, 2015, Xugong announcement, no more than 500 million yuan to repurchase 25 million shares of its own funds. July 15, 2015, Xugong limited by the Shenzhen Stock Exchange trading system, holdings of the company a total of 2085.8205 million shares, average price of 12.56 yuan / share.

In recent years, China and the global construction machinery market has been declining; the market is not good, but Xugong in products, technology, brand, and other aspects of the industry chain system competitiveness but further highlighted and enhanced. For a series of actions, the interpretation of the outside world is given: by accelerating the integration of assets and asset securitization, the pooling of resources and advantages to develop the core business, in order to achieve the transition to a service-oriented industry to upgrade strategic objectives.
June 1, 2015, Zoomlion joint Mandarin Fund, acquired the Italian company Doyle (LADURENER) 75% of the shares. Among them, Zoomlion invest 386 million yuan to obtain 57% of the shares. Naidu Le company's business areas include urban solid waste treatment, sewage sludge treatment, renewable energy, soil reclamation, environmental consulting services. For details, see "Construction Machinery Watch" micro-channel public number June 10, 2015 content.
Not long before, Zoomlion announced merger of a wholly-owned subsidiary - United sanitation machinery companies. But a few days after the deal was announced, on June 10 decided to Japan Zoomlion interim meeting, terminate the absorption sanitation machinery company, and continue to operate as an independent platform. While its strategic environment industry will expand into the field of environmental sanitation industry machinery.

June 15, 2015, Zoomlion Group Finance Co., Ltd. opened its fund management services group will provide members of the unit, set up financing platform, "full boost strategic transformation and global expansion, make Zoomlion form financial services sector support machinery, environmental industry, agricultural machinery, heavy truck engineering development pattern. "

June 29, 2015, Zoomlion announcement that the company will buy back part of the H shares, repurchase limit of 143 million shares. As of June 1, 2015, the largest shareholder of Sany Group Sany and persons acting in the company's stock holdings through the Shanghai Stock Exchange 7585.47 million shares; wherein the text wave holdings 755 million shares. Xiang Wenbo said it was running out of personal holdings of indicators given by the company, regardless of the stock price judgments. At the same time it also released long microblogging, Imagine eight years according to the labor law of retirement. For details, see "Construction Machinery Watch" micro-channel public number 5 June 2015 content.

However, more than one month after - July 9, 2015, with the stock market roller coaster performance, Sany announced that Trinity Group Sany less than 700 million yuan holdings within a month stock. Some of the directors, executives total holdings of not less than 38 million yuan from the 11th. Announcement did not disclose whether the executives include the text wave.
Liugong, starting with a new technology center to the world "Virtuoso"
June 18, 2015, Liugong global R & D center inaugurated completed. On the same day, the National Engineering Research Center for earthmoving machinery enabled. Liugong global R & D center a total investment of 270 million yuan, focusing on Liugong loaders, excavators, motor graders and other products of research, development and testing. The first research project will be focused on the development and testing of the newest H series loaders, Liugong and the product is the full realization of substantial upgrades in Chinese and global markets the main thrust of the new generation of loaders. Related detailed report, see the June issue of the journal ccm and "construction machinery Watch" micro-channel public number June 19, 2015 content.
Komatsu Chinese layoffs, India's second excavator factory opened

In June 2015, Komatsu excavators in India's second plant in Chennai opened. The plant invested 3.4 billion yen, 7-45 ton excavator production, annual production capacity of 2500-3000 units.

In China, almost the same time, layin in China Jining Komatsu excavator manufacturing base. Of course, this does not provide any fuss, throughout the industry, workers and famous Chinese enterprises, large enterprises almost no attrition. Judging from the annual report, including executives, including wage cuts are normal.

However, in contrast to the situation can be seen in China and India factories, China's position in the minds of global business, less than in the past.

Sunward clarification "city scandal": to promote overseas M & A

May 21, 2015, Sunward announced that is planning major issues since the suspension began. After that ended June 26, 2015, the suspension announcement of progress once a week often predictable. But the contents of this announcement are subject to change. June 11, 2015 and prior to the suspension notice, the suspension on the grounds that planning major events. Thereafter June 18 until July 17, the suspension grounds 5th suspension announcement of progress in the show is "being planned acquisition of a foreign company."

During the suspension period, June 30, 2015, Sunward Post foreign investment announcement, saying that intends to use its own capital 72 million yuan, and Changsha Bank, Yongqing environmental protection Co., Ltd., Hunan Qianshan Pharmaceutical Machinery Co., Ltd. Hunan Xinda smart devices Ltd. and other investors to jointly develop a total of five established "long-Bank Financial Leasing Co., Ltd." Sunward funded ratio of 12%.

What exactly about overseas acquisitions to expand, most of the network transmission is "Sunward acquisition of foreign stunt aircraft manufacturing company"; of course, was said to be "co-developed piston engines overseas partners."
SHOPPING large users, Trinity, temporary workers strike out
June 5, 2015, the Group and Lianyungang Port Group Co., Ltd. signed a strategic cooperation framework agreement, Sany Chairman Liang Wengen also present (Liang Wengen activities this year to attend the really rare ah, from here you can see what it!).

Cooperation between Trinity and Lianyungang mainly reachstackers, forklifts, heavy fork, dump trucks and so on; but according to the agreement, the future will be from equipment procurement, cooperation extended to the wharf, logistics equipment and energy saving technology.

Also harbor areas, temporary workers 2015 China good driver recently concluded special port. After that, a good driver and the opening of special project Railway Bureau in Baotou. Hohhot Railway Bureau under the eight freight centers of the five teams, 500 people took part in the competition.

Doosan sale Montebello business, Joy Global access disk

Recent frequent sale business in China Doosan Infracore, in the United States but also the separation operation. June 5, 2015, Doosan Infracore announced its construction and quarry equipment manufacturer Montebello, to 110 million euros sold to mining companies Joy Global.

Montebello is Doosan Infracore assets acquired from Ingersoll Rand, when together with the acquisition, as well as the famous Charlotte.

Doosan Infracore said the acquisition is stripping Europe of non-core assets.