Ge Long Hui·2025-10-20 07:24Core Viewpoint - Zhonglian Heavy Industry has established a mining machinery company in Xiangtan, continuing to expand its mining machinery business layout, with significant growth in both domestic and international markets [1] Group 1: Domestic Business Performance - In the first half of 2025, the domestic mining machinery business experienced counter-cyclical growth, successfully entering the central state-owned enterprise energy customer market [1] - The sales scale of the mining machinery segment increased by over 29% year-on-year in the first half of 2025 [1] Group 2: International Business Performance - The overseas business has fully entered the global high-end mining market, indicating a strong international presence [1] Group 3: Market Conditions - The high-end mining machinery market is valued at hundreds of billions of dollars, with rising prices of gold, silver, and copper expected to support capital expenditures in mining enterprises [1] - Since the beginning of 2025, gold, silver, and copper prices have increased by 60%, 81%, and 21% respectively from January 1 to October 17, 2025 [1] Group 4: Other Business Segments - The domestic earthmoving machinery sector is expected to stabilize and recover, with non-excavation business showing signs of recovery and category expansion creating new growth opportunities [1] - Zhonglian Heavy Industry is considered undervalued in the humanoid robot segment, with accelerated industrialization of humanoid robots in factory operations [1]