“/ a> ” / a> “/ a>, December 26, 2008, Changsha Zoomlion Heavy Industry Science and Technology Development Co., Ltd. formally merged Changde Xincheng Hydraulic Parts Co., Ltd. , in engineering different operating ; was valves, electromagnetic valves, pneumatic valves and complete hydraulic systems, the main suppliers of hydraulic valves for <, a> Changsha Zoomlion Heavy Industry Science & Technology Development Co., Ltd., the merger with Changde Xincheng Hydraulic Parts Co., Ltd. adds channels of hydraulic products Changsha Zoomlion Heavy Industry Science & Technology Development Co., Ltd., for a reliable preservation of high quality hydraulic valve components. ‘/ P> Lots of Chinese products to the construction of machines have excess capacity and low returns to profitability. In the period of rapid growth in production led to internal competition in revenue growth below revenue growth. Once the requirements of slowing down, most companies will be in a passive position, need to survive price competition and not enough energy and capital to reflect the long-term development . With the worsening international financial crisis, the capital of the companies many chains were broken, so as to allow some companies to acquire high quality at low prices. Although the construction machinery market in China rises to high speed, but it is not the best strategy for foreign companies to export products to China directly, except for some Minorities products. Construction Equipment on the world market price is generally 50 to 150 percent higher than in the Chinese market. Because of significant differences in price, many home users prefer the slightly lower quality products to choose local, but not imported goods. In such circumstances, foreign manufacturers to find positive production and marketing opportunities in China. Sun merge the national construction company whose priority is the selection, which allows foreign companies to mature product lines and distribution channels to get fast. for U.S. and European markets, the financial crisis pushes the consumption gain from upstream to downstream to purchase. Products performance / high cost and get more and more. Regarding the Chinese construction companies have been affected, high value-cost and low cost are the benefits of their product. In addition, there are high entry requirements for Chinese products in construction machinery in developed countries, especially European and American markets. Under the influence of the international financial crisis, consumption of these high value markets are transferred, the best opportunities for Chinese construction companies to open these markets will be high quality. originally occupied any Chinese construction machinery small markets in developed countries. Not only is the fall in demand in European and American markets but newly born in developing countries in exporting Chinese machines. To cope with the global financial crisis, the market in the development of the hotspot for Chinese construction companies become. < / p> As for the multinational construction equipment are concerned, Chinese companies to merge into circulation allows more control of the Chinese market from competitors and win more profits on the Chinese market. They can also, the company merged its global production bases of China, the use of low cost in China to reduce production costs. For machine construction company partly strong Chinese enterprises are satisfied not only with the changing market and begin to adopt the strategy will win out and merger of construction companies all overseas market share . It is expected that mergers and acquisitions in the machinery industry of China will accelerate construction in 2009 and 2010. On the one hand, mergers and acquisitions will be accelerated for local businesses. Some multinational companies like Caterpillar, will also increase the merger with the construction equipment industry in China, thereby reducing the cost and occupy the market to strengthen, on the other hand, Chinese companies in mergers, acquisitions, to get the broader market, as Changsha Zoomlion Heavy Industry Science & Technology Development Co., Ltd. Please enter the Enjoy yourselves source / P> For more information, s “If you please visit http://shcri. Detailed Report / COM. asp id = 274
The mergers and acquisitions in Chinese construction machinery industry is speeding up
