The increase in sales of engineering heavy trucks will slow down the transport of heavy trucks or relays

From the survey, we learned that starting from February, the demand for construction vehicles driven by construction projects started to increase, and CNHTC's related products have strong performance advantages. The company benefited a lot and the market share increased significantly. After the construction of “three links and one leveling” is completed, the project construction will be transferred to the main construction period, and the engineering heavy trucks will still maintain a certain level of demand, but the growth rate will slow down. At the same time, the demand for transportation of construction materials increased, and the demand for heavy trucks for transportation began to increase.

In addition, the recent signs of a country’s macroeconomic situation are clearly visible, and social consumption has started, which has led to an increase in logistics demand and is also conducive to the recovery of the transportation heavy truck market.

We judge that the heavy truck market demand will shift from engineering dump trucks and other categories to transportation and logistics products, while the latter will have a larger market capacity, that is, the heavy truck industry will have more growth momentum.

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