三一重工：首次覆盖给予增持评级；全球、矿业、电气化及后市场主题将迎来多年重估

Asia Pacific Equity Research 23 March 2026 This material is neither intended to be distributed to Mainland China investors nor to provide securities investment consultancy services within the territory of Mainland China. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. Sany Heavy - H/A Initiate on H-share at OW: Multi-year re-rating on global, mining, electrification and aftermarket themes We initiate coverage of Sany Heavy Industry- ...