According to the latest research report, due to the sharp decline in the number of new orders, the German machinery manufacturing industry will experience a large-scale bankruptcy. At present, up to 25% of Germany's total of more than 6,000 machinery manufacturing companies may go bankrupt. The study believes that the reason for the bankruptcy of many companies is due to the sharp drop in the number of new orders; the study believes that the market has not yet reached the bottom, and the German machinery manufacturing industry may soon undergo a wide range of restructuring.
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