On September 19th, "2023 Global Aerial Work Equipment Industry Summit and Award Ceremony" was held in Beijing by the Organizing Committee of Global Construction Machinery Top 50 Summit and AWP Aerial Work Platform. Mr. Niu Like, assistant general manager of CDHORIZON, and Mr. Chen Xishuo, general manager of the General Department of CDHORIZON, were invited to attend the awarding ceremony. CDHORIZON was honored with the "2023 Aerial Work Equipment Rental Management Award" for its solid business performance and leading position in the comprehensive operation of equipment in 2023.

Mr. Niu Like (first from right), Assistant General Manager of CDHORIZON, received the award.

2023 Aerial Work Equipment Rental Industry Rental Management of the Year Award 

The conference was opened in the aerial work machinery industry trend outlook report and aerial work machine industry annual roundtable dialogue, by many aerial work equipment experts, around the theme of "innovation and change, to the future" report overview and in-depth dialogue. Accompanied by the improvement of China's manufacturing level and the rapid development of local enterprises, China's aerial work equipment industry continues to mature, and domestic brands of good product quality, cost-effective advantages continue to highlight, aerial work equipment in the domestic to achieve import substitution and gradually move towards the global market, and has been in Europe and the United States and other developed countries to occupy a steady rise in market share.

In-depth exchanges between participants

CDHORIZON’s aerial work platform, the product line covers Scissor Lifts,Telescopic Boom Lifts, Articulating Boom Lift,Atrium Boom Lift,Glass Attachment Boom Lift and other equipments. It has launched in-depth cooperation with the first-tier manufacturers, participated in the research and development of equipments, repairs and maintenance according to the different operating scenarios, and gradually formed characteristic core competitiveness by applying the big data and Internet of Things technology, combined with the service and guarantee outlets, digitalized operation system and other programs. At present, CDHORIZON has become the main channel connecting equipment manufacturers and end-users, and has started to build a full product line and full scene equipment layout.

In 2023, in the face of insufficient external economic growth momentum, CDHORIZON bucked the trend and maintained the momentum of sustainable development, achieving steady growth in revenue and profit in the first half of the year, and successfully listed on the Hong Kong Stock Exchange in May with the stock code of 09930.HK by virtue of its high quality operation and continuous improvement in management.

In the latest edition of the global list released by KHL Group, an internationally renowned industry evaluation organization, CDHORIZON continues to sit at the top of the industry with the outstanding results of "Ranked 14th in the world by IRN100" and "Ranked 3rd in the world and 1st in Asia by Access50", making it a force to be reckoned with in the global equipment operation service industry.

It is worth mentioning that the Access50 ranking, which is mainly based on the European and North American leasing markets, has been strongly impacted by Chinese equipment leasers. With its own strength, CDHORIZON entered the global TOP 3 and topped the Asian market ranking again, demonstrating to the world the powerful strength of China's leading enterprises!

IRN100 and Access50 in 2023

Looking to the future, CDHORIZON, adhering to the concept of "Be Global for Shared Prosperity", is actively anchoring on the development strategy of "3+3+3", leveraging on the strength of the capital market, accelerating the exploration of the overseas market while consolidating its strong position in the domestic market, increasing the investment in digitalized operation, establishing a more efficient management mechanism, and giving full play to the platform advantages of the leading equipment leasing enterprise, in an effort to realize the vision of "a trustworthy comprehensive equipment operation service provider".