机械设备：美国再次延迟301关税的决定，出口公司行情有望反弹

Investment Rating - The industry rating is "Outperform the Market" [6] Core Insights - The U.S. has once again delayed the decision to impose 301 tariffs on Chinese products, which is expected to lead to a rebound in the stock prices of export companies [3][4] - The political and economic negotiations surrounding the tariffs are ongoing, indicating that there is still room for maneuver regarding the final tariff decisions [4] - The demand for Chinese goods in the U.S. remains strong, and imposing tariffs could lead to higher prices for American consumers and increased costs for businesses, potentially impacting the U.S. economy [4] Summary by Relevant Sections Investment Recommendations - Many export companies are currently valued at the bottom, and a rebound in sentiment is anticipated following the U.S. elections and the finalization of tariff policies. The following companies are highlighted: - Engineering Machinery: Zhejiang Dingli (PE 11.4X), Sany Heavy Industry (PE 22.2X), XCMG (PE 11.4X) - General Equipment (Forklifts): Hangcha Group (PE 11.3X), Anhui Heli (PE 10.0X) - Specialized Equipment: Yindu Co. (PE 16.4X), Grebo (PE 19.7X) - Consumer Machinery: Juxing Technology (PE 15.0X), Ousheng Electric (PE 15.5X), Changrun Co. (PE 8.3X), Taotao Vehicle (PE 14.4X) [5]