CONTENTS

• CHENGGONG AND KOBELCO BEGIN NEW JOINT VENTURE
• CHINESE EQUIPMENT SALES APPROACH $6 BILLION
• GUIZHOU JONYANG: THE MARKET LEADER IN WHEELED EXCAVATORS
• SANY HEAVY INDUSTRY FLOATS SHARES
• WHEELED LOADER MARKET GOES FROM STRENGTH TO STRENGTH

• FINANCIAL RESULTS
• FIRST HALF
• CHANGSHA ZOOMLION
• CCID
• SANY HEAVY INDUSTRY
• SHANGHAI DIESEL ENGINE
• XUANHUA CONSTRUCTION MACHINERY