机械行业周报：6月挖机销量好于预期，25款人形机器人亮相WAIC

Investment Rating - The industry investment rating is "Outperform the Market" based on the expectation that the overall industry performance will surpass the market in the next six months [48]. Core Insights - In June 2024, excavator sales exceeded expectations, with domestic sales increasing by 25.6% year-on-year, totaling 7,661 units sold domestically, while exports decreased by 7.51% [12][13]. - The World Artificial Intelligence Conference (WAIC) showcased 25 humanoid robots, highlighting advancements in robotics and AI technology [14]. - Shenzhen launched China's first "air taxi" project, integrating low-altitude and rail transport, aiming to enhance urban mobility and emergency services [15]. Summary by Sections Industry News - June excavator sales were better than expected, with a total of 16,603 units sold, reflecting a year-on-year growth of 5.31% [12]. - The domestic market saw a significant increase in sales, while exports faced a decline [12][13]. - The WAIC featured a display of humanoid robots, including the first full-size open-source humanoid robot [14]. - Shenzhen's air taxi project aims to connect urban areas efficiently, supported by new legislation promoting low-altitude economic development [15]. Key Data Tracking - The machine tool industry showed signs of recovery, with a 2.3% year-on-year decline in revenue, which is an improvement compared to previous months [16]. - The production of metal cutting machine tools increased by 4.2% year-on-year, while metal forming machine tools saw a decline of 12% [16][17].