HK Stock Market Move | ZOOMLION (01157) rose more than 4% after the performance results. The net profit attributable to the parent company increased by 24.89% year-on-year in the first three quarters. The company continues to expand its mining machinery business.

ZOOMLION (01157) rose more than 4% after the performance announcement, rising by 4.34% to 7.69 Hong Kong dollars as of press time, with a turnover of 1.03 billion Hong Kong dollars. On the news front, on October 30, ZOOMLION announced that in the first three quarters of 2025, the group's operating income reached 37.156 billion yuan, an 8.06% increase year-on-year; net profit attributable to shareholders of the listed company was 3.92 billion yuan, a 24.89% increase year-on-year; and basic earnings per share were 0.45 yuan. It is worth noting that recently, a national ministry clearly listed the mining machinery industry as a core area for the "upgrade of high-end equipment manufacturing" in the 15th Five-Year Plan. Zheshang pointed out that ZOOMLION established a mining machinery company in Xiangtan, continuously expanding its mining machinery business layout. In the first half of 2025, the company's domestic mining machinery business grew against the trend, successfully entering the market of central SOE energy customers, while its overseas business fully entered the global high-end mining market, with a sales growth rate of over 29%. The trillion-dollar high-end track of mining machinery, with rising metal prices expected to support capital spending by mining companies.