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Construction Machinery: In March, we estimate that the number of major construction machinery such as excavators and loaders rose slightly in February from the previous month's sales, but still declined sharply year-on-year, and the model was developed to miniaturization. The real estate purchase restriction policy has a low probability of relaxation. In January-February, the total sales area of ​​commercial housing in China was 70 million square meters, which was a 14% decrease from the same period of the previous year. In January-February, the cumulative sales of commercial housing reached 0.41 trillion yuan, a decrease of 20.9% from the same period of last year. Real estate sales are not good.
Railway equipment: The growth of railway freight trains continues to soar, Shenhua will continue to purchase a large number of self-owned vehicles, and continue to introduce the northern venture and Jinxi axles. Judging from the funding plan of the Ministry of Railways, we estimate that in 2012, the Ministry of Railways will acquire approximately 210 specifications for train fleets, 650 high-power locomotives, 40,000 trucks, and 3,000 passenger cars.
Power equipment: The international crude oil price continues to rise, and shale gas twelve-five-thousand-thirty-planning volume is better than expected, which is beneficial to power equipment companies. Continue to remind oil and gas mining equipment and coal mining companies such as Jereh, Huibopu, Zhengjiji, and Haoyu Technology to invest in opportunities.
In January-February, China's electricity consumption in the general and special equipment industries fell 4.97% year-on-year, indicating that the output of the machinery industry has shown a declining trend. Cement production and the use of ferrous metallurgy metallurgy saw a 6.68% decline in electricity consumption. 6.18%. China's economy is clearly weak.