Workflow
山推股份拟设立多家境外子公司 进一步布局海外市场

Group 1 - Company plans to establish multiple overseas subsidiaries to expand its international market presence, including investments in Indonesia, Australia, Nigeria, and Thailand totaling approximately $1.4 million [1] - The establishment of these subsidiaries aims to enhance business development, promote cooperation in the targeted markets, and improve the company's overall strength and competitive advantage [1] - The company is also planning to issue H-shares and list on the Hong Kong Stock Exchange to further its globalization strategy and strengthen ties with international capital markets [1] Group 2 - The company anticipates significant growth in overseas markets, with a projected 30% increase in sales revenue for the year, particularly in Africa, Indonesia, and the Middle East [2] - The company has set a revenue target of 15.7 billion yuan for 2025, with overseas revenue expected to reach 9 billion yuan [2] - The engineering machinery industry is experiencing high demand in overseas infrastructure and mining markets, with a notable increase in China's machinery exports [2] Group 3 - Other domestic companies in the engineering machinery sector, such as SANY Group and Zoomlion, are also focusing on globalization and digitalization strategies to enhance their international competitiveness [3] - The ongoing globalization efforts are expected to drive an increase in market share for Chinese engineering machinery companies in overseas markets [3] - The recovery of domestic demand in conjunction with increased overseas market share is likely to support continued growth in the performance of domestic manufacturers [3]