【Domestic Machine Tool Value Breakthrough! Machine Tool ETF Huaxia (159663) Shakes Strongly at Market Open, Industry Accelerates Toward High-End Development】

On the morning of March 23, the three major A-share indices all declined. The Shanghai Composite Index fell 1.45% during trading. The coal, electrical equipment, and petroleum and petrochemical sectors led gains, while agriculture, forestry, animal husbandry, fishery, and beauty care sectors saw the largest declines. The machine tool sector showed mixed performance; as of 10:19, the Huaxia Machine Tool ETF (159663.SZ) dropped 0.86%, while its constituent stocks Taijia Co. rose 3.03%, Sifangda increased 2.75%, Tusda gained 2.08%, and Green Harmonic rose 1.70%. However, Dazhu Laser and Shandong Weida performed poorly, with declines of 4.01% and 3.54%, respectively.

From March 16 to 19, the 3rd CMES Huajian Exhibition | Xi’an International Machine Tool Exhibition was held at the Xi’an International Convention and Exhibition Center. The 40,000-square-meter exhibition hall hosted over 700 exhibitors demonstrating flagship equipment live, showcasing innovative achievements across the entire upstream and downstream industrial chain of machine tools. From the early focus on “technological independence” to now emphasizing “value breakthrough,” domestic machine tools are accelerating toward a new stage of high-end intelligent manufacturing.

Donghai Securities stated that the machine tool market is expected to grow steadily by 2025. The pace of replacing imported high-end machine tools with domestically produced ones is accelerating. Favorable demand from high-end manufacturing downstream, combined with multiple policy supports, suggests that industry growth may continue until 2026. Domestic high-end CNC machine tools have achieved breakthroughs in technology and independence, with industry leaders focusing on high-end CNC and intelligent fields, potentially reshaping the competitive landscape.

The Huaxia Machine Tool ETF (159663), closely tracking the CSI Machine Tool Index, covers a key segment of China’s manufacturing industry—high-end equipment manufacturing, including laser equipment, machine tools, robotics, and industrial control devices. It is a core platform for implementing innovative-driven and industry-upgrading concepts of new productive forces. Its off-market connect funds are: A-shares: 017573; C-shares: 017574.

Daily Economic News