Source Gangtise Investment Research
analysts saidbowfin, 2024Q1 National railway fixed asset investment reachesbowfinThe total amount was 124.8 billion yuan, a year-on-year increase of 9.9bowfin.9%。The State Council has released a large-scale equipment renewal action plan, which is expected to accelerate the upgrading of national railway locomotives. At present, the number of locomotives owned by the National Railway is about 2bowfin.140,000 units, of which approximately 7,300 are diesel locomotives. It is expected that by 2027, most old diesel locomotives will be replaced. The market size for Class 3 to 5 locomotive repairs in 2023 will be 58.9 billion yuan, and the market size is expected to reach about 74 billion yuan in 2024.
