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Memorabilia of construction machinery industry in 2022

Jan 20, 2023

January
◎ The Ministry of Agriculture and Rural Affairs issued the "Fourteenth Five-Year Plan" for the Development of National Agricultural Mechanization, which proposed that by 2025, the comprehensive mechanization rate of crop cultivation and harvest in the country would reach 75%, and the mechanization rate of facility agriculture, animal husbandry, aquaculture and primary processing of agricultural 名媛直播 would generally reach more than 50%.
◎ Liang Wengen resigned as chairman of Sany Heavy Industries, and Xiang Wenbo and Yu Hongfu served as chairman and president of the company respectively.
◎ Hitachi announced that it agreed to sell 26.1% of its construction machinery subsidiary, Hitachi Construction Machinery, to a consortium including Itochu, with a transaction price of 182.5 billion yen (about 1.6 billion dollars). After the completion of the transaction, Hitachi will still hold 25.4% of Hitachi Construction Machinery. Hitachi said that the plan aims to shift the focus to digital business with higher profit margin.
February
◎ Sany Heavy Industry established Sany High-altitude Machinery Equipment Co., Ltd. to formally enter the high-altitude operation machinery industry.
◎ The overall listing of Guangxi Liugong Group Machinery Co., Ltd. was officially completed on February 28. After the completion of this transaction, the construction machinery, agricultural machinery, concrete machinery and construction machinery production supporting assets of Liugong Co., Ltd. will be injected into the listed company as a whole.
March
◎ Liang Wengen, the chairman of Sany Group, said that by 2026, Sany Heavy Industry will become the world's first in construction machinery and construction vehicles, especially in electric and intelligent aspects.
◎ The 100% equity of Haiyi Group, the controlling shareholder of Xiamen Industrial Group, has been transferred to the International Trade Holding Group, which means that Xiamen Industrial Group has officially joined Xiamen International Trade Holding Group.
◎ Caterpillar, the "construction machinery giant", issued a statement that it suspended its manufacturing business in Russia.
April
◎ Sany Heavy Industry will fully implement the minimum price system of small excavation from April 1. When the terminal contract price is less than the terminal limit price, the factory will directly reject the order.
◎ Weichai Power said on the public platform that it would speed up the development of construction machinery market such as excavators and agricultural equipment market.
May
◎ Bureton announced to adjust the settlement price of new energy series 名媛直播. Among them, the new energy loader rose by 5%; 5% increase for new energy tractors; The new energy mine card rose by 3%; New energy excavators rose 5%.
◎ Sany Heavy Industry signed a strategic cooperation agreement with Mengfa Energy Group. The two sides will carry out in-depth cooperation in the fields of gangue filling, coal mining and new energy to jointly promote the recycling of coal gangue and the construction of green mines. Mining equipment may become a new breakthrough in the construction machinery industry.
June
◎ Wickensen Group said that it had completed the acquisition of Spanish Enar Group, and the transaction was officially implemented on June 1, 2022. Wickensen said that Enar added the company's product line in the concrete technology market, which will further consolidate the company's market position and expand its international influence.
◎ Japan's KCM announced that it decided to merge its subsidiary in China, Hangzhou KCM Construction Machinery Co., Ltd., into KCM Construction Machinery (China) Co., Ltd. After integration, KCM Construction Machinery (China) Co., Ltd. will be responsible for production, manufacturing and sales operations. After the adjustment, the production (assembly) capacity of KOSCO Construction Machinery in the Chinese market will drop from 10500 units/year to 5500 units/year. To increase the production capacity of the plant in India of KOSCO Construction Machinery India Co., Ltd., and make KOSCO Construction Machinery India Plant the main plant of excavator 名媛直播. Its assembly capacity will be expanded from 3000 sets/year to 4700 sets/year. This adjustment is being carried out in stages and is expected to be completed around January 2023.
◎ Changsha construction machinery cluster successfully passed the acceptance of the Ministry of Industry and Information Technology, marking that Changsha construction machinery industry cluster has officially entered the world-class advanced manufacturing industry cluster cultivation pool of the Ministry of Industry and Information Technology.
July
◎ Cummins and Komatsu signed a memorandum of understanding to cooperate in the development of zero-emission mine transportation equipment. In the future, both parties will focus on zero-emission power technology, including hydrogen fuel cell solutions for large mining rigid dump trucks.
◎ The company plans to invest 750 million yuan in the construction of the super-large excavator and new energy tramcar project of Lingong Jinan Heavy Machinery Co., Ltd., according to the official news released by Lingong Heavy Machinery Co., Ltd. After the completion of the project, the annual production scale of 8000 wide-body dump trucks, 3010 new energy mining trucks, 400 hinge trucks, 650 pile drivers and 630 super-large excavators will be realized, with a total of 12690 mechanical equipment.
August
◎ Xiang Wenbo, chairman of Sany Heavy Industry, said that at present, Sany has significantly reduced its investment and R&D in traditional energy-driven construction machinery and equipment, and the focus of new investment and key R&D has shifted to the field of new energy.
◎ Sany Indonesia "Lighthouse Factory" was officially put into operation, mainly producing 13 tons to 55 tons of excavators for the Southeast Asian market, with a planned annual capacity of 3000 units in the first phase.
◎ The overall listing of XCMG was announced on August 29. After the reorganization, the supporting production assets of construction machinery such as mining machinery, concrete machinery, mining machinery, tower crane and so on under XCMG were injected into the listed company as a whole.
September
◎ Anhui Heli decided to invest in the construction project of the new energy intelligent industrial vehicle industrial park, with a total investment of 1.04 billion yuan and a construction period of 3 years. After the completion of the project, it is expected to form a production capacity of 60000 new energy and intelligent industrial vehicles per year.
◎ Komatsu released an official message that it would sell four factories producing coal mining machinery in China to two local coal mining machinery manufacturers in China. Komatsu expects that coal demand will decrease due to the global trend of decarbonization, and therefore intends to cut fixed costs.
October
◎ Zoomlion Heavy Industries established a new energy development company with 500 million yuan.
◎ Liugong successfully launched the 2000th electric loader, marking that Liugong's output of electric loaders broke through 2000, creating a new milestone for electric loaders, and highlighting Liugong's leading position in the electric loader industry.
◎ Komatsu said that the price increase will be accelerated in the 2022 fiscal year (up to March 2023). It plans to absorb the increase in raw material prices and logistics freight through the price increase of about 100 billion yen. If realized, the increase will reach 4%.
November
◎ Liugong has independently developed the first "replaceable and rechargeable" electric excavator, which has created a new history of electric construction machinery in China and filled the gap in the field of electric excavator.
◎ Liugong's second generation remote control skid loader has been tested and officially delivered to important customers in South China. This is also the first remote control skid loader officially delivered in China.
December
◎ From December 1, the "national fourth" standard for non-road mobile machinery was officially implemented. According to the regulations, the production, import or sale of non-road mobile machinery with air pollutant emissions exceeding the standard is prohibited.
◎ Komatsu announced that it had signed an agreement to acquire GHH Group GmbH (GHH), headquartered in Gelsenkirchen, Germany, to further expand the scope of underground hard rock mining equipment. The acquisition is expected to be formally completed in the first half of 2023.
◎ Anhui Heli announced that it plans to jointly invest 36 million yuan (about 5 million US dollars) with its subsidiary Anhui Heli Industrial Vehicle Import and Export Co., Ltd. to establish Heli Eurasia Co., Ltd. and further expand the international market.