Investment Rating - The report maintains a "Recommended" investment rating for the industry [7] Core Insights - The low-altitude economy is steadily advancing, with significant government support and development plans in various regions, aiming for substantial growth in the number of enterprises and revenue by 2030 [3][5] - The machinery sector is experiencing robust growth, particularly in excavator sales, which saw a 25.2% year-on-year increase in July 2025, indicating strong domestic and export demand [4] Weekly Market Review - From August 3 to August 8, 2025, the Shanghai Composite Index rose by 2.11%, while the machinery sector (Shenwan Machinery Equipment) outperformed with a 5.37% increase, ranking third among 31 Shenwan primary industries [12][19] - Sub-sectors such as general equipment, specialized equipment, and engineering machinery showed notable gains, with increases of 6.50%, 5.60%, and 6.21% respectively [12][15] Key Sector Tracking - The low-altitude economy sector is being bolstered by local government initiatives, with plans for significant infrastructure and enterprise development, including a target of over 100 companies and 10 billion yuan in revenue by 2027 in Shijiazhuang [3] - The machinery equipment sector remains competitive, with leading domestic companies showing strong performance in both domestic and export markets, particularly in excavators [4] Investment Recommendations - For the low-altitude economy, recommended companies include Deep City Transportation, Sujiao Science and Technology, and Wan Feng Aowei [5] - In the machinery equipment sector, recommended companies include Sany Heavy Industry, XCMG, and Anhui Heli [5]