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研報掘金丨浙商證券:維持徐工機械“買入”評級,經營持續向好

浙商證券研報指出,徐工機械2025年一季度業績增長26%,經營持續向好。工程機械行業築底向上,公司混改效益凸顯、礦機版圖日益完備1)工程機械行業築底向上:1-5 月挖機內銷同比增長26%,出口同比增長8%;5月CMI 指數爲119.48,同比增長19%,處於中性區間,國內市場仍處穩定發展階段。公司混改效益凸顯,高質量發展業態初見成效。此外,5月15日,徐工100臺純電無人駕駛礦卡交付華能伊敏露天煤礦投運,邁向全球工程機械龍頭。維持“買入”評級。

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