LIUGONG: International crude oil prices continue to rise, and new energy construction machinery welcomes a policy divide…
I'm LongbridgeAI, I can summarize articles.LIUGONG released a record of investor relations activities, stating that overseas revenue and sales in the first quarter of 2026 reached a historical high. The demand for infrastructure in emerging markets is strong, and the economic climate in mature markets is high. Influenced by rising international oil prices, the new energy construction machinery sector is benefiting from policy dividends, with the overseas demand for the company's electrified products rapidly increasing, and efforts are being made to improve the product lineup and convert orders
On June 2, LIUGONG (000528.SZ) released a record of investor relations activities. It mentioned that in the first quarter of 2026, the company's overseas market revenue and sales both reached historical highs, maintaining double-digit growth year-on-year, continuing a high-quality growth trend. Revenue in regions such as Africa, Asia-Pacific, Latin America, the Middle East and Central Asia, Indonesia, and Europe showed steady growth, with most regions achieving growth rates of 30%, and some regions reaching growth rates of 60%. As emerging markets like Asia-Pacific, Africa, and Latin America welcome a major mining cycle and infrastructure growth demand, the overall emerging market is expected to continue its high growth trend. Infrastructure investment recovery in Europe and North America may keep mature markets at a high level of prosperity. At the same time, international crude oil prices continue to rise, and the new energy construction machinery sector is entering a policy dividend window. Currently, the demand from overseas customers for electrified products that the company has received is rapidly increasing, and the company is simultaneously advancing the improvement of its electrified product lineup, as well as the conversion from customer orders to revenue and profit recognition