Zhixun Finance app learned that on October 31st, the Ministry of Industry and Information Technology held a symposium on the digital transformation of the construction machinery industry scene. The meeting introduced the overall work considerations for promoting the digital transformation of the manufacturing industry through scenarization and graphing, and detailed the progress of the "One Diagram and Four Lists" in advancing the digital transformation of the construction machinery industry scene. Next, the Department of Information Technology Development will implement the decisions of the central government and the State Council, focusing on advancing the digital transformation of key industries and key industrial chains using the "One Diagram and Four Lists" as the main approach, accelerating the high-end, intelligent, and green development of the construction machinery industry. Related symbols: Zoomlion (01157), Morimatsu Intl (02155), Sany Int'l (00631).

China Construction Machinery Industry Association data shows that, according to customs data, in the first three quarters of 2024, China's import and export trade volume of construction machinery was 40.657 billion USD, a year-on-year increase of 4.1%. Breakdown: imports were 1.943 billion USD, a year-on-year increase of 0.02%; exports were 38.714 billion USD, a year-on-year increase of 4.31%.

Previously, the State-owned Assets Supervision and Administration Commission stated that the development of new quality productivity is a key focus, accelerating the promotion of high-quality development of central enterprises. Advancing emerging industries continuously, deeply promoting strategic emerging industries and future industries, continuously driving the high-end, intelligent, and green development of industries, accelerating the establishment of a precise, differentiated, long-term technology innovation evaluation system, laying out new tracks, and fostering new drivers.

In specific policy aspects, recently, Shanghai issued a notice on "Several Measures to Further Promote Industrial Cost Reduction and Efficiency Improvement and Promote the Advancement of New Industrialization". The notice pointed out that demonstration projects such as digital supply chain, digital green collaboration, etc., will receive up to 50 million yuan in support. Supporting companies in deploying intelligent equipment, encouraging newly established enterprises to build smart factories, digital workshops, and production lines.

Guolian Securities released a research report stating that it remains bullish on the main theme of industrial digitization, with continuously bullish policies being issued. Industries are accumulating momentum, and the demand for data asset management, authorized operation, and other related system construction will increase.

Galaxy Securities released research reports stating that based on the future development trends of urban rail intelligentization and greenization, as well as the post-market space of high-speed rail, both the pre-market and post-market growth momentum in the urban rail industry are expected to continue to benefit during the transition process. Building intelligent and sustainable urban rail transit has become a focus of attention in the industry. With the rise of a new round of technological revolution and the vigorous development of technologies such as artificial intelligence, cloud computing, 5G, the urban rail industry in China has ushered in the implementation of the transportation power country strategy, the demand for high-quality development of urban rail, and the desire of the people for high-quality travel, bringing new development opportunities.

Soochow Securities released a research report stating that the current global construction machinery electrification rate is less than 1%, and the core factor hindering the increase in the electrification rate of construction machinery is the low transmission efficiency leading to a high purchase cost of electrified products, with significant room for improvement in economics. It is expected that after the breakthrough of the transmission efficiency bottleneck of electrified products, the cost of electrified construction machinery will significantly decrease, and with the economic benefits highlighted, it will usher in a development boom of electrified construction machinery.

With the release of the '20 Data Elements' and the establishment of the National Bureau of Data, more than 10 policy documents including the 'Three-Year Action Plan for Data Elements' (2024-2026) have been successively issued, marking a new stage in the data elementation of China. In January 2024, the Ministry of Finance issued the 'Guiding Opinions on Strengthening Data Asset Management'. Local governments across the country are preliminarily exploring public data authorization operation mechanisms, which is expected to drive the demand for related system construction.

Related concept stocks:

Morimatsu International (02155): Morimatsu International is committed to being a leading global supplier and service provider in the industrial core equipment, value-added services, and digitized factory solutions. The company's main business is design, manufacturing, installation, and maintenance services, mainly used in core equipment, process systems, and overall solutions including chemical, biological, and polymer reaction processes (including process packages, detailed design, modular factory delivery, pre-sales, and after-sales services, etc.).

Zoomlion (01157): As a leader in the high-altitude machinery industry, Zoomlion's global service strategy for intelligent high-altitude machinery has always been at the forefront of the industry. In the overseas service sector, Zoomlion's intelligent high-altitude machinery not only strengthens the construction of the localized service system but also promotes the comprehensive upgrade of service models through digitalization and intelligent service methods.

Sany International (00631): In 2023, sany international's mining equipment business sector achieved revenue of 11.8 billion yuan, a year-on-year growth of 19%. The company has always adhered to research and development leadership, increasing investment in fields such as smart mines, intelligent ports, self-driving cars, robots, emerging industrial equipment, and oil & gas equipment. In 2023, the company's R&D expenses were 1.682 billion yuan, a year-on-year increase of 95.5%.