--- title: "The export of construction machinery continues to explode! The construction machinery ETF ChinaAMC (515970) has the lowest fund rate compared to the benchmark index, with a clear long-term growth logic" type: "News" locale: "en" url: "https://longbridge.com/en/news/279523810.md" description: "The export of construction machinery continues to be strong, with major products such as crawler cranes and aerial work platforms achieving double-digit growth in February. Despite a general decline in domestic sales, the industry still shows high prosperity. The construction machinery ETF, ChinaAMC (515970), closely tracks the CSI Construction Machinery Theme Index, with management fees and custody fees being the lowest in the industry, making it suitable for investors to position themselves in leading companies within the industry chain" datetime: "2026-03-18T02:48:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279523810.md) - [en](https://longbridge.com/en/news/279523810.md) - [zh-HK](https://longbridge.com/zh-HK/news/279523810.md) --- # The export of construction machinery continues to explode! The construction machinery ETF ChinaAMC (515970) has the lowest fund rate compared to the benchmark index, with a clear long-term growth logic On the morning of March 18, the three major A-share indices showed divergent trends, with the Shanghai Composite Index down 0.30% during the session. The communication, electronics, and computer sectors led the gains, while the oil, petrochemical, and non-ferrous metal sectors saw the largest declines. The engineering machinery sector exhibited mixed performance; as of 10:30, the Engineering Machinery ETF Hua Xia (515970.SH) fell by 1.50%, while its constituent stocks Guangli Technology rose by 5.94%, Oat Technology rose by 3.03%, and Chuangli Group rose by 2.38%. However, Pangu Intelligent and Xugong Machinery performed poorly, with declines of -3.81% and -2.59%, respectively. In February 2026, China's engineering machinery exports remained strong, while domestic sales were generally under pressure. Major products such as graders, crawler cranes, tower cranes, road rollers, pavers, and aerial work platforms all achieved double-digit growth in exports in February, with crawler crane exports surging by 55.5% year-on-year and aerial work platform exports growing by 29.3%. However, domestic sales generally declined, with domestic sales of aerial work platforms down 63.7% year-on-year, and domestic sales of truck-mounted cranes and tower cranes dropping by over 20%. The cumulative export growth rate for January-February was significantly higher than that of domestic sales, indicating that the industry is accelerating its transition to overseas markets. WanLian Securities stated that the weak domestic and strong external sales of excavators and loaders in February do not indicate a weakening demand trend. The cumulative sales growth in January-February shows that the industry continues to maintain high prosperity. In terms of the domestic market, future demand is expected to accelerate recovery driven by policies such as equipment upgrades and local government debt reduction. Regarding exports, China's engineering machinery manufacturers have been expanding overseas for many years, and domestic engineering machinery products have a cost-performance advantage, with domestic manufacturers' competitiveness in overseas markets continuously improving. With the resonance of domestic and foreign demand, the demand for the engineering machinery industry is expected to continue to improve, currently characterized by the resonance of internal and external demand + technological upgrades. The Engineering Machinery ETF Hua Xia (515970) closely tracks the CSI Engineering Machinery Theme Index, allowing for easy investment in leading companies in the industry chain, fully benefiting from the rising prosperity of the engineering machinery industry. Currently, the fund management fee is 0.15% per year, and the custody fee is 0.05% per year, which is among the lowest in the industry for similar products. 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