Recurrence of heavy machinery industry in China

Recurrence of heavy machinery industry in China

Last year and the first few months of this year, several companies that manufactured excavators, loaders, and other construction equipment had trouble. The main problem lies in the slowdown in economic growth. Of course, oversupply of equipment is also a major factor. This led to a decline in sales and inventory, and the company’s accounts receivable increased significantly as customers were struggling and payments were prolonged. People once believed that with the acceleration of economic growth, all these problems will be solved this year. However, it seems that the economic growth outlook remains volatile, and the recently announced data on manufacturing activities and profits of industrial companies are almost insignificant.

Vik Chopra, an analyst with Sun Hung Kai Financial Services, noted that recent sales data for some devices have turned positive. However, he also pointed out that the comparative base of these data is low, and the prospect of recovery is still not clear. Signs of recovery are hard to find giving sufficient evidence to those who are not optimistic about this industry. Zoomlion Heavy Industry Science & Technology Co., 1157. HK, 000157. SZ, referred to as Zoomlion is an example of this. Zoomlion’s stocks listed in Hong Kong and mainland China were suspended on Monday. A previous Chinese news website said that it had received reports on the company’s alleged fraudulent sales data. Zoomlion declined to comment and said it will issue an announcement. However, as of the time of this writing, the company has not issued an announcement. In terms of market value, Zoomlion is the second largest company in the Chinese construction machinery industry with a market value of US$8.9 billion. Investors will be worried. This year, Zoomlion has defended itself once. In January, the media and regulatory authorities received anonymous materials to report the company’s false sales. Zoomlion stated at the time that the disclosed accounting information was complete and accurate. The recent performance of Zoomlion did not give people too much reason for optimism. In the first quarter, the company’s profits fell by nearly 75% compared with the same period of last year, and the declining momentum may be intensifying. According to Barclays, in early May, Zoomlion’s sales of excavators in a key market decreased by 50% from April. Since the beginning of the year, Zoomlion’s share price has fallen by one-third. Management must make a convincing response to this report. Otherwise, after the resumption of trading, the share price of Zoomlion may further decline.

Stationary Scissor Lift

Stationary Scissor Lift:
8.0t Basement Small Cargo Lift is used for transfer cargo between different floors.
55t 60t 65t Stationary Lift Table can install on the ground directly or make one pit. Hydraulic drive, steady working and simple operation.
Cheap Fixed Lift Table could be controlled at any floor. Control panels are available at the designated floors and one is on the lift platforms.

Stationary Scissor Lift Specification Table:

MODEL

MIN. HEIGHE

(mm)

LIFT HEIGHT

(mm)

LIFT CAPACITY

(kg)

PLATFORM SIZE

(mm)

SJG0.5-4.5

750

4500

500

2000*1000

SJG0.5-5.0

850

5000

500

2000*1000

MODEL

MIN. HEIGHE

(mm)

LIFT HEIGHT

(mm)

LIFT CAPACITY

(kg)

PLATFORM SIZE

(mm)

SJG1.0-3.3

840

3300

1000

1900*1500

SJG1.0-4.3

860

4300

1000

2500*2500

SJG1.0-4.5

850

4500

1000

2000*1500

SJG1.0-6.0

1230

6000

1000

2200*1500

SJG1.0-7.5

990

7500

1000

2200*1800

MODEL

MIN. HEIGHE

(mm)

LIFT HEIGHT

(mm)

LIFT CAPACITY

(kg)

PLATFORM SIZE

(mm)

SJG2.0-3.5

1000

3500

2000

2200*1500

SJG2.0-4.5

900

4500

2000

2200*1500

SJG2.0-4.8

700

4800

2000

3600*2000

SJG2.0-6.8

1400

6800

2000

2550*2200

SJG2.0-7.5

1065

7500

2000

2400*2400

MODEL

MIN. HEIGHE

(mm)

LIFT HEIGHT

(mm)

LIFT CAPACITY

(kg)

PLATFORM SIZE

(mm)

SJG3.0-4.5

1060

4500

3000

2200*1800

SJG3.0-7.2

860

7200

3000

5500*3000

MODEL

MIN. HEIGHE

(mm)

LIFT HEIGHT

(mm)

LIFT CAPACITY

(kg)

PLATFORM SIZE

(mm)

SJG4.5-3.5

760

3500

4500

4000*2000

MODEL

MIN. HEIGHE

(mm)

LIFT HEIGHT

(mm)

LIFT CAPACITY

(kg)

PLATFORM SIZE

(mm)

SJG5.0-1.8

960

1800

5000

3500*2500

SJG5.0-5.4

950

5400

5000

5000*1600

MODEL

MIN. HEIGHE

(mm)

LIFT HEIGHT

(mm)

LIFT CAPACITY

(kg)

PLATFORM SIZE

(mm)

SJG8.0-2.5

850

2500

8000

6500*4500

MODEL

MIN. HEIGHE

(mm)

LIFT HEIGHT

(mm)

LIFT CAPACITY

(kg)

PLATFORM SIZE

(mm)

SJG12-3.0

950

3000

12000

5500*2800

MODEL

MIN. HEIGHE

(mm)

LIFT HEIGHT

(mm)

LIFT CAPACITY

(kg)

PLATFORM SIZE

(mm)

SJG15-4.5

1150

4500

15000

8000*2200

MODEL

MIN. HEIGHE

(mm)

LIFT HEIGHT

(mm)

LIFT CAPACITY

(kg)

PLATFORM SIZE

(mm)

SJG20-5.0

1200

5000

20000

6000*3000


Stationary Scissor LiftHigh Quality Stationary Scissor Lift

Application Area:

Stationary Scissor Lift is mainly used in the production line and the storehouse papermaking medicine and other industries. It can be used as the delivery lift to transport goods smoothly, safely, reliably and conomically.
If you have any questions, please contact with us directly. Stationary Scissor Lift are produced with High Quality and Good Appearance. Welcome you can visit our Factory. For inqury, Please send mail directly to us.

Hydraulic Scissor Lift,Stationary Cargo Lift,Stationary Scissor Goods Lift,Scissor Cargo Lift

Jinan East Machinery Co.,Ltd. , https://www.jneastmach.com