In the first quarter of 2023, various business divisions of Sadin Holdings are gearing up, all "fronts" are working at full capacity, both domestic and overseas markets have a bumper harvest, and the overall business has achieved a substantial year-on-year growth, grab a good start in the first quarter.
The plan for a year lies in spring. Facing the critical period of spring plowing and production, in order to meet the market demand, the Agricultural Equipment Division plans in advance and precisely controls the external layout from various aspects of the industrial chain and supply chain. To improve quality and efficiency, guarantee market supply to the greatest extent. In the peak season, the single-day output exceeds 120 units, and the domestic market single-day departure exceeds 150 units. In the first quarter, the agricultural equipment business grew by 30% year-on-year, achieving contrarian growth in the first quarter after the National IV upgrade.
Taking advantage of the opportunity of non-road emission upgrades, the marketing and technical teams of the construction machinery division conducted in-depth market research, guided by customer needs, aimed at the pain points of the industry, and successfully developed the "General" series of explosive products. Once the "Great General" series loaders were launched, they have won unanimous praise in the terminal market by virtue of the four core advantages of "one large, one small, one safe and one universal". On the market side, through the five major assistances of equipment + product + brand + service + finance, the breadth of channels has been continuously expanded, and multiple batches of project deliveries have been completed in the Northeast, Northwest and other markets. In the first quarter, the construction machinery business increased by 150% year-on-year, and the market share further increased.
In 2023, affected by multiple favorable factors such as the international situation and the release of the epidemic, overseas trade will develop in a good momentum. In the first quarter, overseas business increased by 110% year-on-year, which helped Sardin Holdings to reach a new level in its overseas development layout.
The plan for a year lies in spring, and the spirit can be seen from the beginning. With new opportunities and a new journey, all Sadin people will surely take advantage of the momentum, fight decisively to win, sprint to 2023, and march forward bravely towards the goal of "becoming a world-class non-road equipment manufacturer"!
