Jiangsu Hengli Hydraulic Co Ltd Class A
601100: XSHG (CHN)
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Hengli Hydraulic's Shift Beyond Cylinders Supports Higher Midterm Growth and Margin Outlook
Business Strategy and Outlook
Hengli Hydraulic is best known as the world’s largest excavator hydraulic-cylinder supplier, with more than 60% market share in China and approximately 30% globally. However, its growth increasingly depends on expanding beyond excavator cylinders and supplying more hydraulic content per machine.
