Zhi Tong Cai Jing·2025-12-11 06:28Group 1: Excavator Sales Performance - In November, excavator sales reached 20,027 units, a year-on-year increase of 13.9%, with domestic sales at 9,842 units (+9.11%) and exports at 10,185 units (+18.8%) [1] - Loader sales in November totaled 11,419 units, showing a year-on-year growth of 32.1%, with domestic sales at 5,671 units (+29.4%) and exports at 5,748 units (+34.8%) [1] - The electrification rate in November was 25.7%, up by 0.34 percentage points from the previous month, with a cumulative rate of approximately 23.35% for the year-to-date [1] Group 2: Other Machinery Sales Trends - In October, the overall sales of truck cranes increased by 15%, with domestic sales rising by 41.7% and exports declining by 4.47% [2] - The crawler crane segment saw a significant increase of 71.4% overall, with domestic sales up by 54% and exports up by 79.7% [2] - The sales of aerial work platforms experienced a decline of 38.8% overall, with domestic sales down by 41.8% and exports down by 36.3% [2] Group 3: Working Hours and Utilization Rates - In November, the average working hours for major construction machinery products were 84.2 hours, a year-on-year decrease of 13%, but a month-on-month increase of 4.08% [3] - The average utilization rate for major products was 56.5%, down by 12.1 percentage points year-on-year, but up by 1.5 percentage points month-on-month [3] Group 4: Export Performance and New Developments - From January to October, the total export value of excavators reached $8.52 billion, marking a year-on-year increase of 25.9% [4] - The world-class iron ore mine, Ximangdu, has commenced production, with an expected annual export capacity of up to 120 million tons [4] - The SANY South Africa industrial park was completed on November 19, with an expected annual production capacity of 1,000 excavators [4]