渤海证券发布研报称，随着开工端重点项目的陆续落地以及大规模设备更新政策利好的延续，工程机械 景气度持续回暖，销量上2025全年挖掘机实现销量23.53万台，同比增长17%，目前国内工程机械龙头 主机厂加速出海趋势明显，我国工程机械产品在技术成熟度、产品性价比等多领域具备较强竞争力，继 续建议关注海外市场拓展。 智通财经APP获悉，工程机械股延续涨势，截至发稿，中联重科(01157)涨5.37%，报9.03港元；中国龙 工(03339)涨3.83%，报3.25港元；三一国际(00631)涨2.38%，报12.03港元；中国重汽(03808)涨2.02%， 报36.44港元。 消息面上，根据海关总署，总体来看，2025年我国工程机械进出口贸易额累计为627.43亿美元，同比增 长13.2%。其中进口金额25.75亿美元，同比下降0.63%；出口金额601.69亿美元，同比增长13.8%。挖掘 机为工程机械主要整机出口产品，挖掘机出口维持较好景气度。 ...

Group 1 - The heavy machinery stocks in Hong Kong have seen significant gains, with China National Heavy Duty Truck Group rising over 7% to reach a new historical high, and Zoomlion Heavy Industry increasing by approximately 7%, also hitting a new high [1] - The Chinese engineering machinery industry is undergoing a critical transformation from scale expansion to quality and efficiency improvement, with a continuously expanding market size and accelerated technological iteration [1] - The demand for core products such as excavators, cranes, and concrete machinery is being driven by the completion of major projects from the 14th Five-Year Plan and the initiation of projects under the 15th Five-Year Plan, along with policies like urban village renovation and new urbanization [1] Group 2 - The demand for engineering machinery in regions is surging due to projects like the Sichuan-Tibet Railway and the expansion of ports in the upper reaches of the Yangtze River, which are part of the Western Development strategy [1] - The procurement of intelligent equipment is significantly increasing, and the rise of green infrastructure and new energy projects is creating market opportunities for specialized engineering machinery such as wind power installation machines and photovoltaic bracket equipment [1]

Industry Overview - The Chinese engineering machinery industry is undergoing a critical transformation from scale expansion to quality and efficiency improvement, with a continuously expanding market size and accelerated technological iteration [1] - The demand for core products such as excavators, cranes, and concrete machinery is being driven by the completion of major projects from the "14th Five-Year Plan" and the initiation of projects under the "15th Five-Year Plan," along with policies like urban village renovation and new urbanization [1] Market Performance - Heavy machinery stocks in the Hong Kong market have seen significant gains, with China National Heavy Duty Truck Corporation (中国重汽) rising over 7% to reach a new historical high, Zoomlion (中联重科) increasing by approximately 7%, and China Longgong (中国龙工) up nearly 5% [2] - Other notable performers include Sany International (三一国际) with a 3.3% increase and Senson International (森松国际) rising by nearly 2% [2] Demand Drivers - The Western Development Strategy, including projects like the Sichuan-Tibet Railway and the expansion of ports in the upper reaches of the Yangtze River, has led to a surge in regional demand for engineering machinery [1] - The rise of green infrastructure and new energy projects is creating additional market opportunities for specialized engineering machinery, such as wind power installation machines and photovoltaic bracket equipment [1]

格隆汇2月2日丨中国龙工(03339.HK)宣布，公司将于2026年3月26日假座中国上海市松江工业区新桥民 益路26号聚才楼五楼举行董事会会议，以（其中包括）考虑及批准截至2025年12月31日止年度的财务业 绩报告及派付末期股息（如有）。 ...

主席 李新炎 香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何部分內容而 產生或因倚賴該等內容而引致的任何損失承擔任何責任。 LONKING HOLDINGS LIMITED 中國龍工控股有限公司* （於開曼群島註冊成立的有限公司） （股份代號：3339） 董事會會議日期 中國龍工控股有限公司（「本公司」）之董事會（「董事會」）謹此宣佈，本公司將於二零二六 年三月二十六日假座中國上海市松江工業區新橋民益路26號聚才樓五樓舉行董事會會 議，以（其中包括）考慮及批准截至二零二五年十二月三十一日止年度之財務業績報告及 派付末期股息（如有）。 承董事會命 香港，二零二六年二月二日 於本公佈日期，執行董事為李新炎先生、鄭可文先生、陳超先生及尹昆崙先生；非執行 董事為倪銀英女士；及獨立非執行董事為錢世政博士、吳建明先生及俞太尉先生。 * 僅供識別 ...

Group 1 - Heavy machinery stocks in Hong Kong continue to rise, with SANY International increasing over 6% to reach a new high and recording an 8-day consecutive increase [1] - China National Heavy Duty Truck Group rose by 2.2%, while First Tractor Company and Zoomlion both saw increases of nearly 2% [1] - The engineering machinery industry is expected to maintain stable orders until mid-January 2026, with clear expectations for a sales peak after the Spring Festival [1] Group 2 - According to China Merchants Securities, the expectation of a Federal Reserve interest rate cut and the strengthening of commodity prices may signal a turning point for global mining machinery demand, suggesting a long-term upward trend in the industry [1] - SANY International is receiving a significant number of mining equipment orders, with an expected growth from approximately 5 billion RMB last year to three times that by 2028, supported by growth in after-sales service revenue [1] - The order delivery ratio for SANY's port equipment business has reached a historical high, with order visibility extended to 2027 [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何部分內容而 產生或因倚賴該等內容而引致的任何損失承擔任何責任。 LONKING HOLDINGS LIMITED 中國龍工控股有限公司* （於開曼群島註冊成立的有限公司） （股份代號：3339） 有關與龍岩市金隆機械有限公司訂立的持續關連交易的進一步公佈 (i) 就過往交易價值而言，截至二零二四年十二月三十一日止三個年度，本集團就採購 零件向金隆支付的總採購金額（含增值稅）分別達約人民幣54百萬元、人民幣25百萬 元及人民幣24百萬元（相等於約60百萬港元、28百萬港元及27百萬港元）。本集團根 據二零二五年十月實際採購額，預測截至二零二五十二月三十一日，向金隆支付的 採購零件總金額（含增值稅）約為人民幣31百萬元。 * 僅供識別 - 1 - 董事（包括獨立非執行董事）認為，該等年度上限符合市場對行業反彈的預期，且是基於 較過往平均水平相若或更低的單價釐定，確保本集團不會向關連人士支付溢價。經考慮 上述因素後，董事（包括獨立非執行董事）認為，經更新總採購協議項下擬進行 ...

Core Viewpoint - China Longgong (03339) anticipates a significant increase in net profit for the fiscal year ending December 31, 2025, with projections between RMB 1.25 billion and RMB 1.33 billion, representing a year-on-year increase of 23% to 31% [1] Group 1: Financial Performance - The expected net profit for the reporting period is projected to be between RMB 1.25 billion and RMB 1.33 billion [1] - This represents an increase of 23% to 31% compared to the same period last year [1] Group 2: Factors Contributing to Profit Growth - The increase in net profit is primarily attributed to steady growth in both domestic and international sales, with a notable contribution from export business [1] - Continuous development of new products, particularly high-value-added products, has become a key driver of profit growth [1] - Significant improvements in quality, cost control, and efficiency have led to a further enhancement in overall gross margin [1]

Core Viewpoint - China Longgong (03339) has announced a significant increase in expected net profit for the fiscal year ending December 31, 2025, leading to a stock price increase of nearly 3% following the earnings announcement [1][5]. Financial Performance - The company anticipates net profit to be between RMB 1.25 billion and RMB 1.33 billion, representing a year-on-year increase of 23% to 31% [1][5]. - The increase in net profit is attributed to steady growth in both domestic and international sales, with a notable contribution from export business [1][5]. Business Strategy - Continuous development of new products has been a focus, with high-value-added new products becoming a primary driver of profit growth [1][5]. - Efforts in quality improvement, cost control, and efficiency enhancement have shown significant results, leading to an increase in overall gross margin [1][5].

Core Viewpoint - China Longgong (03339) anticipates a significant increase in net profit for the fiscal year ending December 31, 2025, with projections between RMB 1.25 billion and RMB 1.33 billion, representing a year-on-year increase of 23% to 31% [1] Group 1: Financial Performance - The expected net profit increase is primarily driven by steady growth in both domestic and international sales, particularly the contribution from export business [1] - The company has successfully developed new high-value-added products, which have become the main drivers of profit growth [1] - Efforts in quality improvement, cost control, and efficiency enhancement have resulted in a further increase in overall gross profit margin [1]