Construction machinery explodes, leading companies worth billions of yuan

Release date 2026-05-11 15:48:32 Reading 1

used excavator Construction machinery explodes, leading companies worth billions of yuan face long-awaited limit up

The two major power lists of global construction machinery in 2026- KHL Group's "Yellow Table 2026" and "2026 Global Strong Construction Machinery Manufacturers" - have been successively released. On average, there are thirteen Chinese companies on the two lists. Among them, five enterprises from Hunan made the list, namely Chonglian Heavy Industry, China Railway Construction High speed Railway Engineering, Shanhe Intelligence, and Xingbang Intelligence, accounting for 45% of the national market share and 0.5% of the global market share.used excavator Compared with the previous edition, the rankings of others have either remained the same or climbed, reflecting for the second time Changsha's position in the global construction machinery industry. (Changsha Evening Report on May 7th)

Behind the dazzling list, this is the solid and orderly pace of the steady climb of Changsha's construction machinery industry. The continuous rise in position and the continuous emergence of influence stem from three driving forces: momentum, skillful strength, and tenacious strength.

used excavator With relative strength, seizing opportunities, daring to go through and willing to be willing. Creating an inland city, Changsha breaks away from its geographical limitations and gathers strength to deeply cultivate its construction machinery track. Leading enterprises take advantage of the trend and break through, actively layout domestic and international markets, and sell their products to major engineering sites around the world. Enterprises dare not invest, dare to innovate, and dare to go global. With the spirit of striving to be the first, they seize the industry trend and continuously elevate the position of Changsha in the global industrial landscape, achieving the industrial boom of "Five Dragons Going Global and Joining Forces to List".

used excavator By relying on strong skills, gathering power, and ecological empowerment. Changsha has formed a unique advantage in industrial agglomeration. The host factory and supporting enterprises have recently laid out, with complete upstream andused excavator downstream supporting facilities for hydraulic components, structural components, electrical control components, etc., achieving supply chain collaboration within almost ten kilometers. The nearby supporting facilities significantly shorten the production cycle, reduce operating costs, and promote the coordinated and complementary development of the upstream and downstream of the industrial chain, building an industrial ecology that is difficult to remanufacture and amplifying development advantages through cluster synergy.

With resilience and strength, deep cultivation in industry, and long-term success. For many years, construction machinery enterprises in Changsha have adhered to the principle of manufacturing, focused on polishing products, and devoted themselves to technological research and development. They never rush to achieve success, nor are they impetuous and follow the trend. From basic manufacturing to the responsibility of a great power, from deep cultivation in the local area to global roots, step by step, we will solidify the actual industrial foundation, remain stable and go far in the fluctuation of the popular industry cycle, and forge core competitiveness through long-term persistence.

used excavator The ranking is affirmative, it's about action. Based on its existing advantages, Changsha's construction machinery industry has made further progress and is firmly committed to the high-quality development path of high-end, intelligent, and green development.

Deeply cultivating high-end technology, targeting the use of equipment, extreme working condition machinery and other cutting-edge fields in the Dayongle mine, continuously tackling research and development, improving product reliability and core component self-developed capabilities, and steadily jumping towards the high-end of the global value chain. Based on Changsha's industrial Internet and artificial intelligence technology accumulation, intelligent operation and control system will be upgraded iteratively to enable no one to construct machinery groups and seize the new track with digital technology. Green layout, used excavator leveraging the advantages of the domestic new energy industry chain, promoting new varieties such as pure electric excavators, electric loaders, and hydrogen energy engineering equipment, and leading industry development with low-carbon transformation. At the same time, industrial development needs to upgrade from "selling products" to "selling solutions", improve the overseas post sales service system, establish a sound operation and maintenance network and accessory guarantee, and win global customer credit dependence through full chain services.

The rising status of the list witnesses the growth and rise of the "Capital of Construction Machinery". With a strong sense of fearlessness, skillful skills, and persistent perseverance, coupled with the determination to transform into a high-end, intelligent, and green city, Changsha must move from an industrial metropolis to a strong industrial city and continuously leap forward on the path of global engineering machinery competitions.

The sales data confirms the trend of industry recovery. According to statistics from the China Construction Machinery Industry Association, in the first quarter of 2026, major excavator manufacturers jointly sold 73336 excavators, a year-on-year increase of 19.5%. Among them, the domestic sales volume was 39579 units, with a year-on-year used excavator growth of 0.25%; 33757 units were exported, a year-on-year increase of 36.1%.

From a longer-term perspective, by 2025, major domestic excavator manufacturers will jointly sell 530000 excavator connections, a year-on-year increase of 17%, and sales will return to the highest level since 2021. Among them, the domestic consumption increased by 17.9% year-on-year compared to 8500 units; Compared to exports, there were 670000 units, a year-on-year increase of 0.1%, achieving balanced growth in domestic and foreign sales.

It is worth noting that although the sales data is impressive, the net profit growth rate of the leading construction machinery companies in the first quarter of 2026 has slowed down. According to the financial reports disclosed by various companies, Xuzhou Construction Machinery achieved a revenue of 29.7 billion yuan in the first quarter, a year-on-year increase of 9.26%, returning to its mother's net profit of 100 million yuan, representing a growth rate of only 0.86%; The revenue of three major projects was 24.042 billion yuan, a year-on-year increase of 14.22%, returning to the mother's net profit of 8.1 billion yuan, a slight increase of 0.46% year-on-year; Lianzhong Technology's revenue reached 12.9 billion yuan, a year-on-year increase of 6.89%, returning to the mother's net profit decline of 0.3% year-on-year to 884 million yuan.

For the reason why the growth rate of net profit is significantly lower than the rapid increase in revenue, Lianzhong Science and Technology stated in the investment relationship activity record table that the rapid decline in net profit growth is mainly due to the impact of exchange losses caused by the appreciation of the Chinese yuan. If exchange losses and land disposal factors are excluded, the company's adjusted net profit has increased by more than 50% year-on-year, and its core operating used excavator performance remains strong.

Xuzhou Construction Machinery also disclosed at the performance briefing that the exchange loss and lock up expenses in the first quarter of 2026 exceeded 400 million yuan, while the exchange gain in the same period of 2025 exceeded 400 million yuan.

In fact, from the perspective of macro demand, the sustained growth of construction machinery is used excavator strongly supported. According to data from the National Bureau of Statistics, infrastructure investment (excluding electricity, heat, gas, and water production and supply industries) in the first quarter of 2026 increased by 9% year-on-year.

According to the latest data from the National Bureau of Statistics, in April 2026, the Producer Price Index (PPI) of industrial production in China increased by 2.8% year-on-year and 1.7% year-on-year; The purchase price of industrial production increased by 3.5% year-on-year, and the Huanhe increased by 2.1%.

used excavator Wu Guo Securities believes that the domestic and international excavator sales in the construction machinery sector in April are expected to exceed market expectations, coupled with the weakening of Q2 exchange losses compared to Q1. It is expected that the Q2 performance of the sector will accelerate month on month and year-on-year, and it is still optimistic that the resonance between domestic and international markets will bring high prospects to the sector in the next 2-3 years.

used excavator According to evidence from Dongwu Securities, the construction machinery industry is expected to experience an internal and external resonance pattern in 2026, with the start of the domestic equipment renewal cycle and the recovery of overseas demand turning points. The entry of the Meilian Reserve into the interest rate cut cycle will drive the improvement of global liquidity, and the demand for overseas excavators will open up an upward operating cycle, with China, East Asia, and Africa as the core growth areas overseas.

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Construction machinery explodes, leading companies worth billions of yuan

High quality and low price

We guarantee the quality of each machine and promise to offer you the most favorable price.

Construction machinery explodes, leading companies worth billions of yuan

We guarantee the quality of each machine and promise
to offer you the most favorable price.