On January 27, 2026, various industries in China showed a trend of vigorous development, with many important projects making key progress, and the construction machinery industry was a bright spot.
The wide-body vehicle production line in Factory No. 1 of Great Wall Heavy Industries Co., Ltd. entered the trial production stage on the same day.
The production line adopts the advanced automobile production line construction concept and contains 17 workstations. After it is officially put into production, one production line can produce 10 new energy wide-body vehicles a day.
Its GT105E electric wide-body vehicle is equipped with high-power and overcharging technology, which can quickly replenish energy for the entire vehicle in about 20 minutes, solving the pain point of long charging times.
The vehicle is equipped with a special power battery for Great Wall Mining, which has the characteristics of fast charging, long life, and impact resistance, and can easily meet the needs of all working conditions of the mine.
At present, Great Wall Heavy Industries has received domestic orders for about 1,200 units from Xinjiang, Sichuan, Inner Mongolia and other places, with production scheduled until August 2026. The annual output value is expected to exceed 2 billion yuan.
At the same time, it has also received dozens of international orders from Mongolia, Southeast Asia, and Australia, indicating that it has the qualifications and strength to enter the European and American markets.
In terms of railway construction, at 9 a.m. on January 27, the 2×72m T-structure continuous beam of the Fuhuai Railway’s super-large bridge across the Qingfu Line, built by the China Railway 24th Bureau Group, was successfully rotated, marking the smooth completion of the track laying channel for the entire Fuhuai Railway.
The swivel beam has a total length of 135m, a bridge deck width of 12.9m, a swivel structure weight of about 8262 tons, and an intersection angle of 41° with the existing Qingfu Railway. It is a control project for the entire line.
In order to ensure the success of the rotation, the construction team conducted careful planning, used advanced measuring instruments and software to repeatedly measure parameters, and formulated a detailed rotation plan.
During the turning process, the on-site commander monitors the data in real time, adjusts the turning speed and angle, and ultimately achieves precise turning.
The Fuhuai Railway is an important part of the intercity railway network in northern Anhui. It passes through the four cities of Huaibei, Suzhou, Bozhou, and Fuyang. The main line is approximately 143 kilometers long and has a design speed of 350 kilometers per hour. It is planned to be put into operation in 2026.
The successful transfer laid a solid foundation for the project to be opened as scheduled.
Good news also came from the Hubei section of the West-10 High-speed Railway. On January 27, the 220 kV Xudong tie-in line of the Hubei section of the West-10 High-speed Railway was successfully energized, providing power support for the Jianliupu High-speed Railway Traction Station.
The West-10th High-speed Railway is a key project in the country’s “14th Five-Year Plan”, with a total length of 255.7 kilometers and a design speed of 350 kilometers per hour. It is a key node of the “Eight Vertical and Eight Horizontal” high-speed rail network.
Its supporting 220 kV external power transmission project consists of a total of 495 iron towers, a new 220 kV Zixu Lake substation and 5 lines totaling 200 kilometers, providing reliable power supply guarantee for the two high-speed rail traction stations of Donghe and Jianliupu.
During the construction of the project, the participating teams overcame multiple difficulties such as complex terrain, strict ecological constraints, and tight construction schedules. They adopted new technologies such as “carbon dioxide fracturing + water grinding drill ring cutting” technology and heavy-duty drone hoisting to improve construction efficiency by more than 30%.
The successful power transmission provides a strong guarantee for the Hubei section of the West-10 High-speed Railway to be completed and put into operation on schedule. After the high-speed railway is opened, it will significantly shorten the travel time from Xi’an to Shiyan and Wuhan, and promote regional economic and social development.
In the Hong Kong stock market, heavy machinery stocks were active on January 27. Sany International rose by more than 6% to a new high and recorded 8 consecutive gains. China National Heavy Duty Truck rose by 2.2%. First Tractor rose by nearly 2%. Zoomlion and China Lonking followed suit.
According to the news, orders in the construction machinery industry remained stable in the first half of January 2026, and the market has clear expectations for the peak sales season after the Spring Festival.
China Merchants Securities pointed out that in the context of the strengthening of expectations for interest rate cuts by the Federal Reserve and the strengthening of mineral bulk prices, the demand for the global mining machinery industry may reach an inflection point. It is optimistic that the industry will usher in a mid- to long-term upward business cycle. It is recommended to pay attention to the dual main investment directions of “lead progress in open-pit mining machines/going overseas” and “marginal changes in business models”.
The Lyon Research Report predicts that the scale of Sany International’s mining equipment orders will triple by 2028, and the growth in after-sales service revenue will also help its development. Its port equipment business order delivery ratio has reached a record high, and order visibility extends to 2027.
On the corporate front, LiuGong had a number of achievements on January 27.
On the same day, Liugong disclosed its 2025 annual performance forecast. It is expected that the net profit attributable to shareholders of listed companies in 2025 will be 1,526,095,400 yuan to 1,658,799,400 yuan, a year-on-year increase of 15% to 25%; the net profit after deducting non-recurring gains and losses will be 1,322,742,800 yuan to 1,455,446,800 yuan, a year-on-year increase of 16% to 28%.
Basic earnings per share range from 0.7565 yuan/share to 0.8223 yuan/share.
The performance growth mainly benefited from the stabilization and recovery of the domestic and foreign construction machinery markets. The company promoted the “three-pronged” strategy, implemented a dual-cycle development model and reduced costs and increased efficiency across the entire value chain.
In addition, LiuGong was awarded a utility model patent titled “A Wheel Loader.”
This patent innovatively designs the front and rear frame structures. There is an assembly cavity in the rear frame, and the cab mounting surface is connected to it. Special maintenance holes are provided in the cab bottom plate, which provides great convenience for repairing and disassembling the steering cylinder, and improves the use experience and market competitiveness of the wheel loader.
At the same time, LiuGong also obtained two patent authorizations on January 27, 2026, namely “Crawler Excavator” and “Mechanical Remote Positioning Drive Device and Excavator”. The former improves stability through auxiliary support of outriggers, and the latter uses remote communication and sensing positioning to improve remote control efficiency and accuracy.
From the perspective of industry trends, the rise of new energy engineering machinery is accelerating, and technological innovation drives industry changes.
From Great Wall Heavy Industry’s successful trial production and order breakthrough of new energy wide-body vehicles, to Shantui Co., Ltd.’s launch of the world’s first AI bulldozer and pure electric unmanned bulldozer, to the layout of XCMG, Zoomlion and other companies in the field of electrification, it all shows that new energy engineering machinery is becoming an important trend in the development of the industry.
New energy engineering machinery has the advantages of environmental protection, energy saving, and high efficiency. It meets the requirements of the national “double carbon” goal and the market demand continues to grow.
At the same time, enterprises continue to increase investment in technological innovation and make breakthroughs in battery technology, charging technology, intelligent driving and other aspects, improving the performance and reliability of new energy engineering machinery and promoting the development of the industry in a green and intelligent direction.
Chinese construction machinery companies are also accelerating their overseas expansion and deepening their globalization layout.
In recent years, Chinese construction machinery companies have achieved a qualitative change in their overseas strategies, shifting from early product trade exports to a deeply globalized layout of “localized R&D, localized production, and localized services.”
The proportion of overseas revenue of leading companies such as XCMG, Sany, and Zoomlion has approached or even exceeded 50%, and overseas markets have also jumped from Southeast Asia, South America, Africa and other places to developed countries such as Europe, the United States, Japan and South Korea.
From January to November 2025, my country’s construction machinery exports reached US$53.756 billion, a year-on-year increase of 12.4%, and the full year is expected to reach or exceed US$59 billion.
In 2026, as companies continue to increase overseas plant construction and improve supply chain layout, global competitiveness centered on technology empowerment and value-added services will be further enhanced, and the share of Chinese construction machinery companies in the international market is expected to continue to expand.
In addition, SDLG delivered 226 mining trucks and excavators to Peru, which are suitable for high-altitude mining areas. The average daily operation exceeds 20 hours, and the failure rate is 15% lower than the industry. The estimated order value is about 300 million yuan.
Sunward Intelligent 170-ton extended-arm excavator SWE1650FLR was delivered to the Middle East reclamation project. The price is 20% – 30% lower than similar foreign-invested products, setting a domestic record.
This equipment ensures strong single-operation capabilities through innovative designs such as large structural parts and power systems, reducing failure rates and usage costs.
Doosan Bobcat has released an AI construction site partner that can automatically adjust work equipment and provide operating suggestions (excavation strength, bucket angle), which can reduce operating difficulty by 30% and improve operating efficiency by 20%. It is expected to be put into mass production in 2027.
