证券之星消息，12月10日工程机械板块较上一交易日上涨2.13%，金道科技领涨。当日上证指数报收于 3900.5，下跌0.23%。深证成指报收于13316.42，上涨0.29%。工程机械板块个股涨跌见下表： 从资金流向上来看，当日工程机械板块主力资金净流入9137.93万元，游资资金净流入403.53万元，散户 资金净流出9541.46万元。工程机械板块个股资金流向见下表： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 ...

铁建重工（688425.SH）12月10日在投资者互动平台表示，尊敬的投资者，您好！公司高度重视产品IP 的开发与推广，已制作包括各类盾构机模型在内的多款文创产品，通过多元化形式展现企业科技文化， 提升品牌形象。目前文创产品主要用于企业宣传、客户交流与员工关怀等内部场景，暂未对外开展商业 化销售。感谢您的关注！ 每经AI快讯，有投资者在投资者互动平台提问：董秘，您好！贵公司是否考虑以铁建重工相关的工程 机械产品为IP，发行铁建重工相关周边，比如盾构机模型、工程机械玩具等IP经济产品。谢谢！ （记者 曾健辉） ...

超大型矿用液压挖掘机是整机重量（含标准配置铲斗、基础附件及满油状态）超过 100 吨的特大型露天矿山专用挖掘装备，核心依托大功率发 动机驱动高压液压系统，通过精准液压控制实现铲斗的强力挖掘、提升、回转及装载动作。其结构设计聚焦重载工况与连续作业需求，采用高 强度耐磨材料与加固型底盘、动臂结构，可适配不同矿岩特性定制超大容量铲斗或破碎锤等专用属具，主要应用于大型露天矿山的表土剥离、 大宗矿产（煤、铁、铜等）的规模化开采与装载核心工序，是支撑矿山高强度、高效率作业的关键设备。 据QYResearch调研团队最新报告"全球超大型矿用液压挖掘机市场报告2025-2031"显示，预计2031年全球超大型矿用液压挖掘机市场规模将达到 72.8亿美元，未来几年年复合增长率CAGR为8.3%。 图00001. 超大型矿用液压挖掘机，全球市场总体规模 来源：QYResearch 超大型矿用液压挖掘机研究中心 图00002. 全球超大型矿用液压挖掘机市场前11强生产商排名及市场占有率（基于2024年调研数据；目前最新数据以本公司最新调研数据为准） 来源：QYResearch 超大型矿用液压挖掘机研究中心。行业处于不断变动之中，最 ...

智通财经获悉，中联重科(01157)午后涨超5%，高见8.09港元，创近四年半新高。截至发稿，涨4.55%， 报8.04港元，成交额7680.19万港元。 消息面上，据中国工程机械工业协会，2025年11月销售各类挖掘机20027台，同比增长13.9%。其中国 内销量9842台，同比增长9.1%；出口量10185台，同比增长18.8%。 本文源自：智通财经网 财信证券发布研报称，2025年挖掘机行业内外需同步增长，复苏态势稳固。国内方面，国家级超级工程 持续推进释放规模化、高端化需求，设备更新周期为内需提供支撑；海外方面，欧美基建与建筑市场复 苏，非洲矿业及基建需求旺盛，国产设备凭借竞争优势加速海外渗透。短期开工指标环比改善，长期增 长逻辑清晰，行业盈利质量有望提升。综合基本面积极变化与长期增长潜力，维持行业"领先大市"评 级。 ...

Group 1: Equipment Export - The engineering machinery sector is expected to see a full domestic recovery and moderate export recovery in 2025, with a projected revenue growth of 12% year-on-year in the first three quarters of 2025 [52] - Key recommended companies for engineering machinery include SANY Heavy Industry, XCMG, Zoomlion, LiuGong, and Hengli Hydraulic, which are expected to benefit from both domestic and international demand [3][52] - The oil service equipment sector is poised for significant growth due to historical opportunities in the Middle East and the Belt and Road Initiative, with recommended companies including Jereh and Neway [3] Group 2: Domestic Demand Improvement - The photovoltaic equipment sector is entering a platform integration phase, with significant advancements in perovskite and heterojunction technologies, leading to increased equipment value [3] - The lithium battery equipment sector is expected to benefit from ongoing capacity expansions and solid-state battery technology, with recommended companies including Lead Intelligent and Hanke Technology [4] - The semiconductor equipment sector is experiencing a recovery driven by domestic substitution and AI-related demand, with key recommendations including Northern Huachuang and Zhongwei [4] Group 3: High-Growth Sectors - The PCB equipment sector is entering a new expansion cycle driven by AI, with high demand for advanced HDI and SLP boards, with recommended companies including Dazhu CNC and Ding Tai High-Tech [5] - The liquid cooling equipment market is growing rapidly as it becomes a standard for AI server cooling, with key recommendations including Hongsheng and a focus on Invec [5] - The gas turbine and diesel generator sectors are expected to see significant growth due to increased electricity demand driven by AI, with recommended companies including Jereh and Yingliu [5] Group 4: New Technologies and Directions - The mass production of humanoid robots is anticipated, with domestic component manufacturers expected to benefit from cost reductions, with recommended companies including Hengli Hydraulic and New Coordinates [5] - The integration of new technologies in the photovoltaic sector is leading to industry transformation, with a focus on innovative solutions [5] Group 5: Performance Analysis - The semiconductor equipment and PCB equipment sectors are leading in revenue growth, with semiconductor equipment benefiting from advanced process expansions and PCB equipment driven by AI server demand [33] - The profit growth in the PCB equipment and general automation sectors is notable, with improvements in product structure and scale effects [33] - The overall machinery sector is experiencing a mild upward trend, with significant performance disparities among sub-sectors [11][20]

（文章来源：证券日报） 证券日报网讯 12月9日晚间，厦工股份发布公告称，公司拟使用不超过80000万元暂时闲置自有资金进 行委托理财，投资品种为风险可控、流动性好、保本型或固定收益类、低风险浮动收益类等理财产品， 投资期限自公司股东会审议通过该议案之日起至公司股东会重新审议该事项之日止，最长不超过12个 月。 ...

从内销来看，目前我国挖机的结构在改善，小挖的占比仍高，反映机器人替人的需求，大挖的占比提 升，反映大型项目和矿山需求提升，而中挖的比例则保持较低水平，也反映了地产建筑的结构性拖累。 从出口看，我国挖机主要销往新兴国家，而新兴国家的城市化建设仍在持续，该行认为国内主机厂通过 深耕海外市场提升竞争力，份额也在持续提升。综合来看，该行认为11 月增速回升的背后反映了经济 的结构性改善。 智通财经APP获悉，东方证券发布研报称，看到挖掘机11月增速回升，而其中内销改善反映了经济的结 构性改善，出口改善反映了行业的竞争力上升。该行认为市场对行业结构性改善的预期将上升，也将带 来风险评价的下降，利好中盘蓝筹公司的投资机会。部分相关标的：恒立液压(601100.SH，未评级)、 柳工(000528.SZ，未评级)、中联重科(000157.SZ，买入)、徐工机械(000425.SZ，未评级)。 东方证券主要观点如下： 挖掘机11月销量增速回升 根据工程机械协会，2025 年1-11 月，共销售挖掘机21.22 万台，同比增长16.7%，其中，国内销量10.82 万台，同比增长18.6%，出口销量10.40 万台，同比增长14 ...

财信证券发布研报称，2025年挖掘机行业内外需同步增长，复苏态势稳固。国内方面，国家级超级工程 持续推进释放规模化、高端化需求，设备更新周期为内需提供支撑；海外方面，欧美基建与建筑市场复 苏，非洲矿业及基建需求旺盛，国产设备凭借竞争优势加速海外渗透。短期开工指标环比改善，长期增 长逻辑清晰，行业盈利质量有望提升。综合基本面积极变化与长期增长潜力，维持行业"领先大市"评 级。 消息面上，据中国工程机械工业协会，2025年11月销售各类挖掘机20027台，同比增长13.9%。其中国 内销量9842台，同比增长9.1%；出口量10185台，同比增长18.8%。 中联重科（000157）(01157)午后涨超5%，高见8.09港元，创近四年半新高。截至发稿，涨4.55%，报 8.04港元，成交额7680.19万港元。 ...

财信证券发布研报称，2025年挖掘机行业内外需同步增长，复苏态势稳固。国内方面，国家级超级工程 持续推进释放规模化、高端化需求，设备更新周期为内需提供支撑；海外方面，欧美基建与建筑市场复 苏，非洲矿业及基建需求旺盛，国产设备凭借竞争优势加速海外渗透。短期开工指标环比改善，长期增 长逻辑清晰，行业盈利质量有望提升。综合基本面积极变化与长期增长潜力，维持行业"领先大市"评 级。 智通财经APP获悉，中联重科(01157)午后涨超5%，高见8.09港元，创近四年半新高。截至发稿，涨 4.55%，报8.04港元，成交额7680.19万港元。 消息面上，据中国工程机械工业协会，2025年11月销售各类挖掘机20027台，同比增长13.9%。其中国 内销量9842台，同比增长9.1%；出口量10185台，同比增长18.8%。 ...

Core Insights - The engineering machinery industry in Jining has become a revenue-generating cluster exceeding 100 billion yuan, with a goal to establish a globally influential high-end equipment industry during the 14th Five-Year Plan period [1] Group 1: Company Overview - Shandong Lipai Machinery Group is a leading company in Jining's engineering machinery cluster, specializing in the research, production, and sales of small excavators, with products exported to North America, South America, Eastern Europe, East Asia, and the Middle East [2] - The company has seen growth in revenue and profitability, with nearly 70% of its downstream orders directed towards overseas markets [2] Group 2: Challenges Faced - Despite positive growth, Lipai Machinery faces significant challenges in its globalization efforts, including high capital occupation due to overseas procurement of engines and raw materials, and delays in customs clearance for imported engines [2][3] Group 3: Financial Solutions Provided - China Merchants Bank's Jining branch has tailored a comprehensive financial service plan for Lipai Machinery, including "import procurement + export collection + trade financing + customs facilitation" to address the company's development challenges [4] - The bank offers services such as "one-click verification of customs declarations," "exchange rate locking," and "lightning-fast letter of credit issuance," which can be completed online in as little as 40 minutes [4][5] - The bank has processed 14 lightning-fast letters of credit for Lipai Machinery, amounting to 1.815 billion yen and involving foreign exchange receipts of 6.519 million USD [4] Group 4: Trade Financing and Customs Efficiency - The bank provides diverse trade financing solutions, including various settlement methods and comprehensive credit applications, to meet the complex international trade financing needs of the company [5] - To enhance customs efficiency, the bank offers products like customs duty payment guarantees, allowing companies to clear customs without waiting for tax payments, significantly speeding up the process [5] Group 5: Future Outlook - The comprehensive financial service plan not only addresses short-term funding needs but also supports the long-term sustainable international development capabilities of engineering machinery companies [6] - With the support of China Merchants Bank, Lipai Machinery is better positioned to tackle international market challenges and contribute to the global expansion of Jining's engineering machinery industry [6]