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中国机械行业_2025 年上半年第二季度前瞻 - 盈利滞后于需求态势转变;产品组合仍是关键;买入潍柴、鼎力-China Machinery_ 2Q_1H25 Preview_ Earnings lagging shift in demand momentum; mix remains key; Buy Weichai (on CL), Dingli
2025-08-05 11:20
29 July 2025 | 7:17PM HKT For construction machinery, almost all categories managed to maintain positive growth, except for AWPs likely due to the steep decline in the exports into the US in April (China's overall AWP export volume fell -34% in April) on the back of US-China Goldman Sachs does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. Investors ...