CONTENTS

• BEIJING SUNNY MACHINERY IN FOREIGN JV TO REPAIR MOBILE CRANES
• KAYABA SETS UP NEW HYDRAULIC CYLINDER FACTORY
• KOBELCO ESTABLISHES SECOND EXCAVATOR FACTORY IN CHINA
• THE WHEELED LOADER MARKET:
  - PRICING AND UNCERTAINTIES FOR THE FUTURE
• A REVIEW OF BAUMA AND MINING 2004

• FINANCIAL RESULTS
• ANNUAL
  • CHINA CONSTRUCTION INTERNATIONAL DEVELOPMENT
  • SANY HEAVY INDUSTRY
  • SHANTUI CONSTRUCTION MACHINERY
  • INNER MONGOLIA NORTH HAULER JOINT STOCK – NHL
  • XUANHUA CONSTRUCTION MACHINERY
  • SHANDONG LINYI ENGINEERING MACHINERY
  • SANJIU YIGONG BIOPHARMACEUTICAL & CHEMICAL INC.
  • XUGONG SCIENCE AND TECHNOLOGY