Zhi Tong Cai Jing·2025-08-08 02:45Core Viewpoint - Zhonglian Heavy Industry (000157) shares increased by over 4%, reaching HKD 6.59 with a trading volume of HKD 73.39 million, reflecting positive market sentiment driven by strong sales data in the excavator sector [1] Industry Summary - According to the China Construction Machinery Industry Association, excavator sales reached 17,138 units in July, representing a year-on-year increase of 25.2%. Domestic sales accounted for 7,306 units, up 17.2%, while exports totaled 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 moderate recovery in domestic demand and stable growth in exports [1] Company Summary - Zhonglian Heavy Industry is actively participating in the Yarlung Tsangpo River downstream hydropower project, which has a total investment of approximately CNY 1.2 trillion. The company has a long-standing cooperative relationship with key participants in this project [1] - The company has deployed various types of equipment, including excavators, cranes, and concrete machinery, to the construction sites of the Yarlung Tsangpo project. It has developed a complete set of green, intelligent, high-end, and plateau low-temperature versions of construction equipment [1]