In March 2025, the excavator market will continue to be hot.

According to statistics from the China Construction Machinery Industry Association on major excavator manufacturers, 29590 excavators of various types were sold in March, a year-on-year increase of 18.5%. Among them, the domestic sales volume was 19517 units, a year-on-year increase of 28.5%; The export volume was 10073 units, a year-on-year increase of 2.87%.

On April 8th, the relevant person in charge of XCMG Machinery (SZ000425, stock price 8.10 yuan, market value 95.711 billion yuan) told the Daily Economic News reporter through WeChat that in the first quarter of this year, the year-on-year growth rate of XCMG excavator domestic sales was better than the industry, and the market share of Zhongda excavator products further increased, and the product structure continued to improve. The main reasons are that the special debt and super long term special treasury bond funds are driving, the demand of the terminal market continues to release, and XCMG excavator product capacity and market system capacity continue to strengthen.