The future sustainability of engineering machinery can be expected. China’s urbanization process is still far behind the developed countries, the future status determines the long-term development of construction machinery space. Tightening of existing macroeconomic policies not going to bring about fundamental development of the industry contraction, the development of eastern and western regions of China and emerging developing countries, the huge imbalance in demand will continue to drive the rapid development of the industry. The state protection of housing construction, infrastructure investment and export recovery rate is an indicator of industry growth.

Rapid growth of construction machinery in the first quarter. 2010, excavators, bulldozers, cranes and loaders, and other major construction machinery products increased by more than 30%, some up to 60%. 1,2 months of this year, the major manufacturers of concrete machinery, cranes, excavators and other construction machinery sales again exceeded market expectations, we continue to prefer the tradition of the early second quarter sales season, in this period before you can continue to focus on leading the company’s investment opportunities We recommend Zoomlion and Sany Heavy Industry.

Marine engineering sector usher in long-term investment opportunities. High oil prices and instability in the international context of oil-producing countries, both from the perspective of national energy security, conditions or from corporate profits to consider, we are optimistic about the field of offshore oil exploration investment opportunities, with research and development, manufacturing and management capabilities of the leading domestic enterprises will gradually narrow the gap with the international leader for more market share. International short-term trend of oil prices has become a leading indicator for the marine engineering sector, we are optimistic about its long-term trends can be gradually dips strategy positions.