智通财经网·2025-08-08 02:41Core Viewpoint - Zhonglian Heavy Industry (01157) has seen a stock price increase of over 4%, currently trading at 6.59 HKD with a transaction volume of 73.39 million HKD, reflecting positive market sentiment towards the company and the industry as a whole [1] Industry Summary - According to the China Construction Machinery Industry Association, a total of 17,138 excavators were sold in July, representing a year-on-year increase of 25.2%. Domestic sales accounted for 7,306 units, up 17.2%, while exports reached 9,832 units, marking a 31.9% increase [1] - From January to July, a total of 137,658 excavators were sold, showing a year-on-year growth of 17.8%. The engineering machinery industry is currently experiencing a phase of moderate recovery in domestic demand and steady growth in exports [1][1] - Dongwu Securities has reported that leading companies in the industry are accelerating the release of performance elasticity due to their respective competitive advantages [1] Company Summary - On July 19, a groundbreaking ceremony for the Yarlung Tsangpo River downstream hydropower project was held in Nyingchi City, Tibet, with a total investment of approximately 1.2 trillion CNY [1] - On July 23, Zhonglian Heavy Industry confirmed its active participation in the Yarlung Tsangpo hydropower project, stating that its excavators, cranes, and concrete equipment have been deployed to the construction sites [1] - The company has established long-term cooperative relationships with key participants in the Yarlung Tsangpo project and has developed a full range of green, intelligent, high-end, and plateau low-temperature versions of construction equipment [1]