制造业复苏机床板块有望受益，机床ETF（159663）涨1.30%

Core Viewpoint - The machine tool sector is experiencing upward momentum, supported by positive data from the equipment manufacturing industry, which plays a stabilizing role in industrial development [1] Industry Summary - As of August 11, major stock indices showed narrow fluctuations, with the machine tool sector continuing to rise. The Machine Tool ETF (159663) increased by 1.30%, with notable gains in related stocks such as Jiangte Electric (up 10.01%), Dazong Laser (up 6.69%), and Huagong Technology (up 1.96%) [1] - The Ministry of Industry and Information Technology reported that in the first half of this year, China's equipment manufacturing industry maintained a good growth momentum, accounting for 35.5% of the total industrial added value above designated size. This represents a 0.9 percentage point increase from the previous year [1] - The added value of the equipment manufacturing industry is expected to contribute 3.4 percentage points to the growth of all industrial sectors above designated size by the first half of 2025 [1] - Intelligent manufacturing equipment, including high-end CNC machine tools, industrial robots, and other key technologies, is performing particularly well [1] Market Outlook - According to a report from Zheshang Securities, the machine tool industry is expected to benefit from the machine replacement cycle and the recovery of the manufacturing sector in the short term. The replacement cycle for machine tools is approximately 7-10 years, with historical data suggesting that a turning point is approaching [1] - In the medium to long term, the machine tool industry is trending towards domestic production, high-end development, and intelligent manufacturing [1]