工业母机ETF（159667）涨超1.1%，政策与产业升级驱动需求预期

Group 1 - The global mining industry is experiencing an upward trend in capital expenditure, leading to increased prosperity in the mining machinery sector, with overseas mining machinery companies maintaining high revenue and order levels [1] - The mining machinery market is large and broad, with a combined scale exceeding $120 billion, where the aftermarket accounts for 60%-70% of the total market [1] - The value contribution from front-end mining and transportation equipment is higher than that from back-end crushing and grinding processes [1] Group 2 - Chinese mining machinery companies are accelerating their international expansion by breaking development bottlenecks through service teams, warehousing logistics, and production capacity overseas, achieving breakthroughs in high-end markets [1] - Prices of major minerals are stable or rising, with continued growth in mining capital expenditure expected due to stable prices of copper, aluminum, gold, and silver [1] - Rising mining extraction costs and declining ore grades are further driving the demand for machinery, indicating that the industry is likely to maintain high prosperity [1] Group 3 - The Industrial Mother Machine ETF (159667) tracks the China Securities Machine Tool Index (931866), which selects listed companies involved in machine tool manufacturing and related industries to reflect the overall performance and development trends of the domestic machine tool industry [1] - Investors without stock accounts can consider the Guotai China Securities Machine Tool ETF Initiated Link A (017471) and Guotai China Securities Machine Tool ETF Initiated Link C (017472) [1]