【金牌纪要库】工程机械内外销量全面超预期，该细分板块在经历了长达2-3年深度调整后，于2025年第三季度迎来拐点

Core Viewpoint - The article highlights a significant recovery in the engineering machinery sector, driven by increased domestic and international sales, marking a turning point in the industry after a prolonged adjustment period of 2-3 years [1] Group 1: Market Insights - The engineering machinery sector is expected to see a turning point in Q3 2025, becoming a key driver of industry prosperity after a long period of adjustment [1] - The development of the "deep earth economy" indicates a massive demand for underground excavation, leading to increased applications for advanced tunneling equipment such as tunnel boring machines and fully automated rock drilling rigs, with higher entry barriers and profit margins compared to standardized equipment [1] Group 2: Supply Chain Dynamics - A sudden recovery in orders from main engine manufacturers in the engineering machinery sector is likely to trigger a more significant production increase among component suppliers, with leading companies already validating the recovery in operational data [1]