C Perspective | Top Ten News of the Day: John Deere Announces Fiscal Year 2024 Results, China Railway Construction Establishes Another New Company...

Issuing time:2025-02-25 11:29

01 John Deere Announces Fiscal Year 2024 Results

Data recently released by John Deere shows that the company faced significant market challenges in 2024. Compared with the previous year, the annual profit decreased by 30%, reflecting an overall decline in performance. Specifically, the net income in the fourth quarter was $1.245 billion, a significant 47% decrease from the same period in 2023. The total net income for the entire fiscal year was $7.1 billion, much lower than the $10.166 billion in the same period last year.

02 Komatsu's Revenue from April to December 2024 Reached 2,957.3 Billion Yen, with a Year-on-year Increase of 5.8%

Recently, Komatsu released its operating results for the first three quarters of the fiscal year 2024 (The fiscal year 2024

of Komatsu is from April 1, 2024, to March 31, 2025. This is indicated in the following text).

During the statistical period, Komatsu's total consolidated net sales reached 2,957.3 billion yen, representing a 5.8%

increase compared to the same period in 2023.

Although the sales of construction equipment declined, the sales of mining equipment increased. In addition, the impact

of the depreciation of the Japanese yen and the increase in sales prices in most parts of the world contributed to the growth

of sales compared to the same period in 2023.

In terms of profits, the operating profit during the statistical period increased by 2.8% compared to the same period in

2023, reaching 466.1 billion yen. This growth was due to the increase in profits from businesses such as retail finance and

industrial machinery, which offset the profit reduction in the construction, mining, and utility equipment businesses caused

by the decrease in sales volume and the increase in costs. The operating profit margin decreased by 0.4 percentage points

compared to the same period in 2023, to 15.8%. The net profit attributable to Komatsu increased by 1.9% compared to the same period in 2023, reaching 310.1 billion yen.

03 中国铁建又成立一家新公司，重大战略布局！

近日，石河子市铁建汇德智慧农业发展有限公司成立，法定代表人为刘云兵，注册资本1000万元人民币，业务涵盖生物有机肥料研发、生物农药技术探索、园区管理服务及智能农业管理。公司由中国铁建旗下的中铁十四局集团有限公司等知名企业持股。

Taiyuan Heavy Industry Launches the Unmanned Forklift TZAG20

Recently, Taiyuan Heavy Industry's new product, the TZAG20 unmanned forklift, made its debut. It empowers industrial development with cutting-edge technology and provides more intelligent choices for users who have high work intensity requirements and strict environmental standards.

05 Sany Vietnam Collaborates with Guangming Company to Expand a New Pattern in the Used Pump Truck Market in Vietnam

On February 5th, Sany Heavy Industry (Vietnam) Co., Ltd. and Guangming Equipment and Construction Joint Stock Company officially signed a strategic cooperation agreement. The two sides will carry out indepth cooperation in the field of used pumping equipment in Vietnam to achieve complementary advantages, mutual benefit, honesty and trust, and common development.

20 Shandong Lingong L965H Loaders Delivered to Help Achieve a Promising Start in the First Quarter

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On February 10th, the delivery ceremony of 20 Shandong Lingong L965H loaders was held at a certain port. The customer is a major strategic client that has cooperated with Shandong Lingong for many years, and has cumulatively used more than 50 Lingong loaders. This cooperation marks an important step taken by both sides in the field of port equipment upgrading and efficient operation, injecting new impetus into the high-quality development of port logistics.

07 Sany Silicon Energy Signs a Power Purchase Agreement with Malawi's Tiyam Mining Co., Ltd.

On January 5th, Malawi's Tiyam Mining Co., Ltd. and Sany Silicon Energy signed a power purchase agreement in Changsha. The signing of this agreement marks the successful implementation of the first new energy power project in Malawi.

08 The President and Prime Minister of Kyrgyzstan Attended the Shantui Equipment Delivery Ceremony

Recently, at the square of the Prime Minister's Office in Bishkek, the capital of Kyrgyzstan, Shantui officially handed over a new batch of engineering machinery and equipment purchased by the government of Kyrgyzstan to Kyrgyzstan. This is an important achievement of Shantui's continuous promotion of import and export business in the region in recent years, and also marks the further consolidation and development of the Shantui brand in the Kyrgyzstan market.

At the equipment delivery ceremony held in the Prime Minister's Office, the President and Prime Minister of Kyrgyzstan, accompanied by the new Minister of Transport, attended the ceremony. This is the second time that the President and Prime Minister of Kyrgyzstan have participated in the local delivery ceremony of Shantui equipment, which fully reflects the high recognition and attention of the Kyrgyz government and the local society to the Shantui brand and its products.

09 Contemporary Amperex Technology Co., Limited (CATL) Submits a Listing Application on the Hong Kong Stock Exchange,

Driving the Future of Green Energy with Globally Leading Technologies

On February 11, 2025, Contemporary Amperex Technology Co., Limited (CATL), a global leader in new energy innovative technologies, officially submitted a listing application on the Hong Kong Stock Exchange, embarking on a new international journey. With full-chain innovation, a global layout, and the construction of a zero-carbon ecosystem as its core competitiveness, CATL continues to lead the industry transformation. After the completion of this listing in Hong Kong, CATL will obtain more resources and support, injecting new impetus into the global green and low-carbon transformation.

10 Metso Invests in China to Expand the Supply of Screening Products for the Mining and Aggregate Industry

中交天和首台煤矿用单护盾TBM完成组装调试

It is understood that Metso is making investments in China to expand its screening solutions. The initial investment includes reaching an agreement to acquire the screening business, operations, and key assets of the private enterprise Selm (Beijing) Technology Co., Ltd. By combining the new business with Metso's expertise in screening equipment, screens, maintenance, and services, Metso can strengthen its service capabilities and better support customers in China's mining and aggregate industry.

This acquisition is subject to certain preconditions and is expected to be completed in the second quarter of 2025. Both parties have agreed not to disclose the transaction amount, and this transaction will have no significant impact on Metso's financial situation.

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