A research report indicates that SANY INT'L's (00631) mining truck business is expected to continue making progress. The contribution of this business to total revenue is projected to remain at 15% to 16% between 2026 and 2027. However, higher-value, large mining trucks with superior profit margins are anticipated to sustain stronger growth. Furthermore, the large port machinery business is viewed as having highly certain revenue growth and margin improvement, supported by an order backlog exceeding 12 months. Profit forecasts for 2026 and 2027 have been raised by 3% and 9%, respectively. The target price has been increased from HK$8.9 to HK$20.6, with a "Buy" rating maintained.