LiuGong Twelve-Five planning sprint 50 billion year sales revenue today trading

NetEase Finance November 24 News yesterday, Guangxi LiuGong Group (hereinafter referred to as "LiuGong Group") announced the "Twelve-Five" strategic planning, by 2015, will achieve the group sales of 100 billion yuan, of which the listed company LiuGong (000528.　　SZ) Sales of 50 billion yuan, the above strategic planning by McKinsey to help complete. At this point, announced by 2015 into the hundreds of billions of Yuan corps of domestic construction machinery companies and Zoomlion (000157). SZ), 31 heavy industry (600031. SH), Xugong Group and other 3 companies.　　Up to now, the global construction machinery manufacturers only the United States Caterpillar and Japan Komatsu Two company's construction machinery sales of more than 100 billion yuan.　　It is reported that, in addition to the existing listed companies LiuGong, LiuGong Group is planning its "liugong cement" within three years of separate listing.　　LiuGong announced 2015 sales target of 50 billion yuan, of which the construction machinery plate for 15 billion yuan, mining machinery plate for 10 billion yuan, electrical machinery plate for 10 billion yuan, agricultural machinery plate for 10 billion yuan, parts machinery plate for 5 billion yuan. November 18, LiuGong for the first time overseas acquisitions, announced with the Polish HSW Company signed a memorandum of cooperation, the two sides agreed to LiuGong acquisition HSW Company under the Construction Machinery Business unit and wholly-owned subsidiary Dressta (including the Dressta three subsidiaries) 100% of the equity and assets, and owns all its intellectual property and Dressta trademarks.　　The above-mentioned project acquisition price is expected to be lower than the company 2009 audited net assets of 410.78 million Yuan 10%, the final price of the acquisition project to meet the requirements of the Board or the general meeting of shareholders to consider approval criteria. Although 4 Chinese companies have thrown out the Grand blueprint, it is difficult to achieve this goal.　　Northeast Securities analyst Zhou Shili that the "Twelve-Five" period of construction machinery industry total sales revenue composite growth is expected to be 17.63%, if several large companies to achieve the 2015-year trillion yuan target, its next 5 years of sales income of the annual compound growth rate must reach between 25%~30%, above the industry average growth. The problem for the 4 companies is that the world's leading construction machinery manufacturers are expanding capacity. Caterpillar, Komatsu and other traditional advantages of construction machinery enterprises due to its domestic market saturation, in the next few years will focus on China, India, Brazil and other developing countries, competition will be more intense.　　Caterpillar said it planned to reach $100 billion trillion in revenues by 2020, with sales of just 32.396 billion dollars in 2009. Positive stimulation, LiuGong today sealed trading, the whole day deal 1.549 billion yuan, turnover significantly enlarged.