Huatai Securities: In June, the outlook for both domestic and foreign excavator industries has improved, and we are optimistic about the continued recovery of the industry.

Huatai Securities' research report indicates that the overall domestic sales and exports of excavators in June have both rebounded compared to May. It is optimistic about the rapid growth of second-hand excavator exports driving domestic demand for upgrades, as well as the continued increase in market share of domestic brands overseas. The report recommends leading companies in the engineering machinery and components sectors.