The Hydraulic Industry Is Currently in A Period Of Rapid Development, And The Strength Of The Domestic Hydraulic Industry Is Gradually Increasing

Speaking of the gap between the domestic hydraulic industry and overseas, well-known economist Song Qinghui told reporters: “The number of domestic hydraulic parts patents is small and technological innovation is insufficient. But overall, the domestic hydraulic industry is currently in a period of rapid development and faces a huge market. space."

   On September 1, Hengli Hydraulics disclosed the non-public issuance plan, and planned to raise funds not to exceed 5 billion yuan. After deducting the issuance costs, the net proceeds will be used to invest in Hengli Mexico project, linear drive project, Hengli International R&D Central project, general hydraulic pump technical transformation project, super large and heavy oil cylinder project and supplementary working capital.

A brokerage analyst told the "Securities Daily" reporter: "Since the new crown epidemic threatened the global supply chain last year, domestic OEMs (construction machinery, shipbuilding, aerospace, industrial manufacturing, etc.) have rapidly increased their demand for domestic hydraulic products; in the first half of this year , The domestic sales revenue of my country’s major hydraulic companies is as high as 17 billion yuan. Despite this, foreign giants still occupy a huge market share in my country. As a domestic hydraulic leader, Hengli is expected to benefit from this fixed increase and expansion project and localization dividends , To further expand the domestic market share and expand overseas territory."