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Shenwan Hongyuan: High-growth sectors plus cyclical recovery—bullish on earnings upside for the machine tool sector
Machine tool orders serve as a leading indicator, and the general machinery segment as a whole has clear room for order and earnings recovery.
Himile Mechanical Science and Technology's Attributable Profit Edges Down in Q1
Hao Mai Technology (002595): 1Q26 & 2025 Performance Largely in Line with Expectations; Expansion Initiatives to Support Long-Term Growth
1Q26 and 2025 performance is largely in line with our expectations. 1Q26 results: revenue of 27 billion yuan, up 17% year-on-year; net profit attributable to shareholders was 5.15 billion yuan, remaining basically flat year-on-year. 2025 performance: revenue of 111 billion yuan.
Comment on Homa Technology (002595) Q1 2026 Earnings Report: Revenue Shows Steady Growth, Foreign Exchange Losses Temporarily Weigh on Profit Performance
Key investment highlights for Q1 2026: Revenue grew steadily, with foreign exchange losses temporarily impacting net profit attributable to shareholders. In the first quarter of 2026, the company reported revenue of 2.668 billion yuan, representing a year-on-year increase of 17.07%; net profit attributable to shareholders reached 515 million yuan.
Haomai Technology: First Quarter Report for 2026
Founder Securities: Distributed power plants become new infrastructure in the AI era, with domestic aviation, marine, and diesel-to-gas conversions presenting excellent overseas expansion opportunities.
The 'Taihang' series and 'QD series' of aero-derivative gas turbines developed by China's Aero Engine Corporation are expected to gain opportunities for international expansion.