Core Viewpoint - The engineering machinery sector continues to experience upward momentum, driven by favorable market conditions and strong export performance [1][2] Group 1: Stock Performance - Zhonglian Heavy Industry (01157) increased by 5.37%, reaching HKD 9.03 [1] - China Longgong (03339) rose by 3.83%, reaching HKD 3.25 [1] - Sany International (00631) saw a 2.38% increase, reaching HKD 12.03 [1] - China National Heavy Duty Truck Group (03808) grew by 2.02%, reaching HKD 36.44 [1] Group 2: Trade Data - The total import and export trade value of China's engineering machinery is projected to reach USD 62.743 billion in 2025, marking a year-on-year increase of 13.2% [1] - Import value is expected to be USD 2.575 billion, showing a slight decline of 0.63% year-on-year [1] - Export value is anticipated to be USD 60.169 billion, reflecting a year-on-year growth of 13.8% [1] - Excavators remain the primary export product in the engineering machinery sector, maintaining a favorable market outlook [1] Group 3: Market Outlook - Bohai Securities reports that the engineering machinery sector is experiencing a recovery in market conditions, supported by the rollout of key projects and ongoing large-scale equipment renewal policies [2] - Excavator sales are projected to reach 235,300 units in 2025, representing a year-on-year increase of 17% [2] - Domestic leading manufacturers are increasingly expanding into overseas markets, leveraging strong competitiveness in technology maturity and product cost-effectiveness [2]