Cai Kuiquan: China's construction machinery industry will steadily increase 20 to 30% in 2010

Cai Kuiquan, a legendary figure in the Chinese construction machinery industry. In the downturn of the global financial crisis last year, he was under threat and was in charge of Xiagong and vowed to re-emerge. After more than a year, Cai Kui lived up to expectations. Under his leadership, Xiagong's sales revenue increased by 100% year-on-year in the first half of this year, and its profits increased by 700% year-on-year, creating a record high. On August 21, Cai Kuiquan led his team to an airborne flight to Yantai to support a special meeting of VIP customers held by Yantai Tianhong. The reporter from China Construction Machinery Business Network interviewed Mr. Cai Kuiquan about the development of Xiagong for more than a year and the future trend of the industry. When Mr. Cai Kuiquan was at the helm of Xiamen workers last year, he had received an exclusive interview with China Construction Machinery Business Network. Nearly a year after the meeting, he once again saw Mr. Cai Kuiquan. He was still modest and refined, and he showed his style in every gesture.

Change the staff thought to enhance the development of confidence building work <br> as president Choi Kyu full in more than a year, building work in the introduction of international talent, products, technology upgrading, as well as overseas market development and other areas have made good progress. However, Cai Kui said humbly and candidly that it was not possible for me to have everything just as soon as I arrived. It will take some time. He believes that the most important thing at present is to bring about the transformation of thinking and thinking of all employees of Xiamen Construction Industry, giving them a firm belief and establishing lofty ideals. He will give XGMA the greatest support in his own experience in the construction machinery industry.

Charge consolidate enterprise infrastructure development across the board <br> Xiamen Engineering loader is high-quality products, forces are relatively strong, solid foundation, various aspects are better. For excavators, it takes one to two years to build the foundation, strengthen the construction of talents, enrich product categories, improve product quality, and expand sales networks. While carrying out infrastructure construction, we will increase our production capacity and sales capacity and work together on both sides. On the excavator's sales network, XGMA will, on the one hand, rely on the loader's sales network to actively explore new sales channels.

Mr. Cai Kuiquan, President of XGMA, took an exclusive interview with China Construction Machinery Business Network

For the future development of Xiamen Engineering, Cai Kuiquan said that the current five major products of XGMA: loaders, excavators, forklifts, road machinery, small machinery in the future development of space are relatively large. In particular, the forklift has a large market capacity and there is a large demand at home and abroad. Xiamen Forklift now has 5,000 capacity and will gradually expand in the future. Xiagong's road machinery product line is also very comprehensive, road rollers, graders, bulldozers, pavers and so on. With the development of national infrastructure and urbanization, road machinery will also have greater market demand.

Although the current key spare parts still rely on imports, it has restricted the development of the Chinese construction machinery industry. However, Cai Kuiquan has a long-term vision and has plans for the future development of XGMA. He said that five years and ten years later, this situation will be transformed, so we are now prepared to wait until the peak comes and we will be able to get the harvest.

Increase the value of loader products to expand more space
The loader is a high-quality product of XGMA and has always been a market leader. Cai Kuiquan believes that there is not much change in the capacity of the Chinese loader market. Although the excavator has a tendency to replace the loader in some functions, the price difference between the Chinese loader and the excavator is too large and replacement is not possible. Faced with the mature development of the Chinese loader market, the homogenization of products has led the industry to lag. Cai Kuiquan has his own point of view. He believes that XGMA loaders will gain greater space for development by improving product value and enhancing market competitiveness.

Mr. Cai Kuiquan, President of XGMA, took an exclusive interview with China Construction Machinery Business Network

The construction machinery industry will steadily increase 20 to 30% in 2010
In the first half of this year, China’s construction machinery industry has experienced unprecedented explosive growth. Cai Kuiquan believes that this development trend is abnormal. Your excavator sales growth in the first half of this year will be 100%. It is absolutely impossible to re-emerge in the future. In the second half and next year, this strong sales situation will decline. Cai Kuiquan expects that China's construction machinery industry will steadily increase by 20-30% next year.


Mr. Cai Kuiquan, President of Xiamen Construction Machinery Co., Ltd. cordially converses with Wen Wenqing, general manager of China Construction Machinery Business Network

The sales revenue will exceed 50 billion in the next five years
In 2009, XGMG achieved sales revenue of nearly 6 billion yuan. For the next five years, Cai Kui has planned all the time. He said that in the past five years, XGMA will achieve the target of selling 50 billion yuan and enter the top 5 in the industry. In this regard, he analyzed that China has a vast area and a very large market capacity. Construction machinery has a lot of room for development. At the same time, XGMA has a deep foundation in the industry and is very confident in achieving this goal.


General Manager of China Construction Machinery Business Network Min Wenqing and Xiagong team together

　　 In the interview, Cai Kui talked peacefully and with refined manners. His vision for construction machinery, his unique insights into the development of the industry, and his strategic plans for the future of Xiamen City made the writer feel a calm and general style. The historic development of Xiameng Corporation in the first half of this year made us once again see the courage and wisdom of Cai Kuiquan as a legendary figure in the construction machinery industry in China and South Korea. Under his leadership, the rise of XGMA will be more firm and effective. “New starting point, new building workers” will also bring more expectation to the industry!