Zoomlion (01157) surged over 4% following its earnings release, reaching HK$7.69 by the time of writing, with a trading volume of HK$103 million. On October 30, the company announced that its revenue for the first three quarters of 2025 reached RMB 37.156 billion, up 8.06% year-on-year, while net profit attributable to shareholders rose 24.89% YoY to RMB 3.92 billion. Basic earnings per share stood at RMB 0.45. Notably, recent national policy guidelines under the 15th Five-Year Plan have identified the mining machinery sector as a key area for "high-end equipment manufacturing upgrades." Zheshang Securities highlighted that Zoomlion has established a mining machinery subsidiary in Xiangtan, further expanding its footprint in the sector. Despite market challenges, the company's domestic mining machinery business grew in H1 2025, securing contracts with state-owned energy clients. Overseas operations also gained traction in the global high-end mining market, with sales increasing by over 29% YoY in H1 2025. The mining machinery sector, a high-value market worth hundreds of billions, is expected to benefit from rising metal prices, supporting capital expenditures in the industry.