Core Viewpoint - The third Southeast Asia sub-exhibition of the Changsha International Engineering Machinery Exhibition concluded with significant contracts signed, highlighting the robust growth and international competitiveness of Changsha's engineering machinery industry [1] Group 1: Industry Growth and Performance - Changsha's engineering machinery exports surged from 16.37 billion to 29.06 billion, achieving a cumulative growth rate of 77.52% over the past three years [1] - Leading companies like SANY Heavy Industry and Zoomlion reported impressive international revenue, with SANY's overseas revenue reaching 3.69 billion USD, accounting for 60.26% of total revenue, and a year-on-year growth of 14.96% in revenue and 46% in net profit [3] - Zoomlion's overseas revenue also showed strong performance, with 13.81 billion CNY in revenue, a year-on-year increase of 14.66%, representing 55.58% of total revenue [3] Group 2: Market Expansion and Opportunities - Southeast Asia has emerged as a key market for Changsha's engineering machinery, with exports to ASEAN countries reaching 3.03 billion CNY, a year-on-year growth of 28.3% [4] - The establishment of a collaborative export model among companies, led by Hunan Construction Investment International Trade, has resulted in significant equipment orders and a more integrated approach to international markets [4] Group 3: Innovation and Product Development - The competitive edge of Changsha's engineering machinery lies in its focus on high-end, intelligent, and green technologies, with notable products showcased at the exhibition [5] - SANY launched over 30 new energy engineering machinery products, aligning with global low-carbon development trends, while Zoomlion developed the world's largest hybrid mining truck, filling a gap in the international market [5] - Iron Construction Heavy Industry's intelligent shield machine set a world record for monthly advancement, showcasing the technological prowess of Changsha's products in international infrastructure projects [5] Group 4: Policy Support and Future Outlook - Local policies and services have significantly supported the export growth of Changsha's engineering machinery, with measures to stabilize foreign trade and provide comprehensive support to key foreign trade enterprises [7] - The implementation of a remanufacturing system for engineering machinery has also contributed to export growth, with remanufactured equipment exports reaching 1.6 billion CNY, a year-on-year increase of 15% [7] - Future prospects indicate a synergistic growth between domestic recovery and international expansion, with ongoing support for enterprises to participate in international exhibitions and investment cooperation [7]