机床行业向好延续！机床ETF上涨0.42%，国机精工再度涨停

Core Viewpoint - The A-share market shows mixed performance with the Shanghai Composite Index rising by 0.45%, driven by gains in sectors such as steel, real estate, and machine tools, while the computer and pharmaceutical sectors lag behind [1] Industry Summary - The machine tool sector is experiencing strength, with the Machine Tool ETF (159663.SZ) increasing by 0.42%. Notable individual stock performances include Guoji Precision rising by 10.00%, Yujing Co. by 6.07%, and Zhejiang Haideman by 4.47% [1] - According to the National Bureau of Statistics, the production of metal cutting machine tools in China is projected to reach approximately 71,000 units by June 2025, reflecting a year-on-year growth of 12.7%. For the first half of 2025, the cumulative production is expected to be 403,000 units, marking a 13.5% increase [1] - The production of metal forming machine tools is anticipated to be around 16,000 units by June 2025, with a year-on-year growth of 6.7%. The cumulative production for the first half of 2025 is expected to be 104,000 units, also showing a 13.5% increase [1] - According to a report from Zheshang Securities, the machine tool market in China is characterized by intense competition in the low-end market, while the high-end market is predominantly occupied by foreign companies. There is significant potential for domestic substitution in high-end CNC machine tools, which are primarily imported [1] - The long-term trend for the domestic machine tool industry is upward, with notable cyclical characteristics. Historical data indicates a strong continuity in the industry's trends, with a projected year-on-year growth of 20% for the first half of 2025, and expectations for stable growth throughout the year [1]