机械工业行业周报美联储下调联邦基金利率；8月各类平地机、汽车起重机销量同比增长

Investment Rating - The machinery equipment sector has a cumulative excess return of -13.06% year-to-date, with a weekly excess return of +0.37% for the 38th week of 2024, ranking 16th among all sectors [11][42]. Core Insights - Hangcha Group is expanding internationally by establishing subsidiaries in Malaysia and Thailand, focusing on sales and services of forklifts and industrial vehicles, as well as lithium battery leasing and sales in Malaysia, and manufacturing in Thailand [2][42]. - The railway passenger volume in China reached nearly 3 billion in the first eight months of the year, a year-on-year increase of 14.5%, marking a historical high for the same period [2]. - China Communications Technology Corporation recently won contracts totaling approximately 2.9 billion yuan in the railway market, representing 7.84% of its audited revenue for 2023 [2]. Summary by Sections Forklifts - Hangcha Group is establishing subsidiaries in Malaysia and Thailand to enhance its global marketing resources and innovate its marketing model [2][42]. Railway Equipment - In the first eight months of 2024, the national railway sent nearly 3 billion passengers, a 14.5% increase year-on-year, with an average of 10,730 passenger trains operated daily, up 10.5% [2]. Oilfield Equipment - Jerry Holdings announced a share buyback plan by its chairman, president, and vice president, indicating confidence in the company's long-term value [3]. Industrial Gases - Prices for liquid oxygen and nitrogen are at low levels, with liquid argon prices slightly increasing [3]. Lithium Battery Equipment - Over the next two years, new planned production capacity for blade batteries in China is expected to exceed 200 GWh, with several companies entering the market [4]. Robotics - Yushu Technology secured several hundred million yuan in financing, and Wuhan University unveiled its first humanoid robot [4]. Shipbuilding - China Shipbuilding announced a share swap merger with China Heavy Industry and delivered a 62,000-ton heavy-lift multipurpose vessel [5]. Photovoltaic Equipment - Prices for silicon wafers, battery cells, and modules remained stable, while silicon material prices increased slightly [5]. Engineering Machinery - In August 2024, sales of various types of graders increased by 79.3% year-on-year, while sales of various types of cranes showed mixed results [7].