Zhi Tong Cai Jing·2025-10-30 03:15Group 1 - The core viewpoint of the article highlights the significant growth in China's engineering machinery exports, with a year-on-year increase of 29.6% in September 2025, leading to a rise in stock prices for major companies in the sector [1][1][1] - Major engineering machinery stocks such as Sany Heavy Industry, Sany International, China National Heavy Duty Truck Group, and Zoomlion have seen notable price increases, with Sany Heavy Industry rising by 8.68% to HKD 23.78 [1][1][1] - The China Construction Machinery Industry Association reported that the total import and export trade value for engineering machinery reached USD 5.505 billion in September 2025, with imports at USD 234 million and exports at USD 5.271 billion [1][1][1] Group 2 - Guoyuan Securities indicates that domestic leading enterprises maintain strong competitive advantages in both supply and demand, suggesting a positive outlook for the engineering machinery industry [1][1][1] - Zheshang Securities forecasts that the performance of leading engineering machinery companies is expected to accelerate in the third quarter, driven by factors such as increased overseas market share and the gradual initiation of domestic replacement cycles [1][1][1]