机械股走强，中国重汽、三一国际再创历史新高

Group 1 - The core viewpoint of the article highlights the strong performance of heavy machinery stocks in the Hong Kong market, particularly China National Heavy Duty Truck Group and SANY International, which have reached historical highs with year-to-date increases of over 40% and 52% respectively [1] - According to a recent report by Credit Lyonnais, three key driving forces are emerging in the Chinese industrial sector amid the ongoing anti-involution policies, including rising demand for mining equipment, maturity of the supply chain for humanoid robots, and consolidation in the express delivery industry [1] - The report anticipates that the equipment replacement cycle will continue, alongside record investments in power grids and renewable energy, which are expected to drive excavator sales growth by approximately 10% [1] Group 2 - First-tier suppliers are prepared to commence mass production of humanoid machinery in the second half of the year [1] - The strong performance and price increases in the lithium-related sector are expected to lead to a year-on-year recovery in automation demand of about 5% [1]