news flash·2025-07-10 07:58Group 1 - The total sales of excavators in China reached 120,500 units in the first half of the year, representing a year-on-year increase of 16.8% [1] - The domestic demand for earthmoving equipment is expected to maintain steady positive growth in the second half of the year, driven by mining, water conservancy projects, and equipment renewal policies, with an annual growth rate likely to remain above double digits [1] - The overall overseas demand is expected to decline, but there are regional differences in demand trends [1] Group 2 - The recovery trend in the industry has begun to transmit from excavators to non-excavator segments, with domestic sales expected to enter a growth track under the macro background of strengthening domestic demand [1] - The mining segment's production capacity has tripled compared to the beginning of the year, and the company is optimistic about the growth potential in emerging industries such as agricultural machinery and mining machinery in overseas markets [1]