According to the statistics of 26 excavator manufacturers by China Construction Machinery Industry Association, in July 2022, 17,939 excavators of various types were sold, a year-on-year increase of 3.42%; of which 9,250 were domestic, a year-on-year decrease of 24.9%; and 8,689 were exported, a year-on-year increase of 72.8%. .

From January to July 2022, a total of 161,033 excavators were sold, a year-on-year decrease of 33.2%; of which 100,374 were domestic, a year-on-year decrease of 51.3%; and 60,659 were exported, a year-on-year increase of 72.3%.

Weitai Group has made progress in hydraulic excavators, skid steer loaders and hydraulic travel motors. The export volume of the company’s travel motors has steadily increased, and its market share has continued to grow. At the same time, the skid steer loaders equipped with Weitai’s own brand hydraulic parts are exported in batches. Weitai customized excavators are also officially exported to the international market. Weitai Hydraulics will, as always, contribute its own strength in the field of construction machinery.