SHANTUI(000680)2023-11-08 09:51Market Overview - The domestic market for bulldozers is dominated by a few companies, with Shantui holding a market share of over 60% for many years [2][3] - The global market capacity for bulldozers is approximately 25,000-30,000 units, with high-power products accounting for 1,500-1,800 units [2] Overseas Market Development - The company has established 140 overseas agents, 10 overseas subsidiaries, and 31 overseas offices and service stations [3] - Key sales regions include Eurasia, Africa, and Southeast Asia [3] - The company is focusing on improving regional channel layout, product layout, and service layout to enhance product competitiveness and sales [3] Parts Business - Main parts include track rollers, transmissions, torque converters, booms, and arms [3] - Parts are supplied both internally and to other construction machinery manufacturers [3] - The company is implementing cost reduction and efficiency improvement measures to enhance parts gross margin without compromising quality [3]