The continued slide in China's construction machinery market demand, and each product lines generally decline more than expected in the field. Reduction in infrastructure projects, high level of market saturation, financing, cash-strapped and other reasons lead to new production equipment of construction machinery enterprises to sell. For customers who purchased new equipment, engineering projects reduced, low rate of return, even completed projects not available to recover, resulting in a vicious circle. Exports of construction machinery industry also began to decline, corporate sales, sales revenue and profit compared to the same period in previous years, are falling sharply. So, now and in the future within a short time, the overall development of China's construction machinery industry situation is very grim. Around the world, United States as well as Europe's economic recovery has not seen the desired results, specific to construction machinery industry has entered a period of adjustment.
Faced with such a situation, when we think the more difficult, the more the hard skills, increase the input of innovative research and development, improve product quality, abandoning the traditional model of extensive development, realize the transformation and upgrading of businesses come to realize this.
Currently engineering mechanical industry enterprise of transformation upgrade has made has some results, like leading enterprise international process speed up, through independent innovation and acquisition abroad advanced enterprise significantly improve core technology innovation capacity, patent number also constantly increased; energy-saving emissions, and green manufacturing, and shock drop noise aspects made results, mechanical energy highest reduced more than 10 a percentage points, shock drop noise aspects currently China has master most core of technology; intelligent of, and information development made effectiveness; Enterprise began height attention after-sales service, To meet customer needs.
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