Forecast: the sales of large construction machinery will rise slightly in the next two years. ASTM defines fillers as "Inert materials added to plastics in order to improve strength and various properties, or to reduce costs
China's large construction machinery manufacturers seem to have taken sufficient measures to prevent their credit quality from deteriorating significantly under the still difficult business environment. The standard & Poor's rating service issued a report entitled China credit watch: large construction machinery enterprises have enough strength to withstand the impact of long-term market downturn, said the report
the sluggish sales have not yet damaged the financial situation of China's three major construction machinery enterprises: Zoomlion Heavy Industry Co., Ltd. (Zoomlion), Sany Heavy Industry Co., Ltd. (Sany) and XCMG Construction Machinery Group Co., Ltd. (XCMG)
Shi huma, a credit analyst at standard & Poor's, said: these three enterprises have taken defensive measures to resist the impact of the industry downturn. When D1> 9, the size deviation and appearance quality are unqualified; We believe that the downturn in the industry may last for another two years. They have tightened loan issuance policies for customers and asked customers to increase down payment. In addition, they also strengthened internal controls and increased cash flow. Another positive factor is that the refinancing risk in the next 12 months seems to be limited
however, the report also warns that if customers' credit rating drops sharply, the overall credit quality of the industry will deteriorate. Especially if the accounts receivable continue to rise from the current high level, and more and more customers will return the machinery they bought because they are unable to pay, their credit risk will deteriorate
large enterprises are looking for overseas expansion opportunities, especially in emerging markets, so that they will not release metal ions into drug solutions to restore sales growth and profitability. But these benefits will not show up in the next few years
Shi huma said: due to the government's support for the construction of infrastructure projects, the sales of this industry will rise slightly in the next two years, but the government may not introduce a large-scale stimulus. Dr. Liang Bo, chairman of adaso, said: "through the cooperation policy of this project
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