Soochow Securities reported yesterday that the delivery of equipment orders continued to recover and the performance of Huachen equipment (300809.SZ) grew rapidly in the first three quarters. The steady growth of the revenue side is mainly due to the stable situation at home and abroad, the delivery, installation, commissioning and acceptance of related equipment gradually tend to be normal, and it is confirmed that the income has increased over the same period last year. In the future, with the recovery of the downstream manufacturing sector, the overlay company will release its production capacity and maintain its "overweight" rating. In addition, the company recently signed an agreement with Best to provide Best with international leading precision CNC linear guideway grinder products and corresponding technical support within one year. This cooperation with Best can also verify the company's deep accumulation in the grinder field. The company is expected to fully benefit from the localization of machine tools & the expansion of grinder equipment brought by humanoid robots.