叉车月度跟踪：叉车9月销量同比+6.06%，国产龙头加速国际化、智能化布局

Investment Rating - The report suggests a positive outlook for the forklift industry, indicating that the recovery of the manufacturing sector will positively impact domestic forklift sales [5]. Core Insights - Forklift sales in September increased by 6.06% year-on-year, with a total of 106,000 units sold, while cumulative sales from January to September reached 970,700 units, reflecting a 10.80% year-on-year growth [2][5]. - The report highlights that the overseas market for forklifts is growing faster than the domestic market, with exports in September rising by 28.5% to 43,200 units, while domestic sales decreased by 5.32% to 62,800 units [2][5]. - The electric forklift sales accounted for 59.49% of total sales in August, showing a 0.70 percentage point increase from the previous month [2]. - The manufacturing PMI for September was reported at 49.8%, indicating a slight recovery in manufacturing activity, with production and new orders indices at 51.2% and 49.9% respectively [3][5]. Summary by Sections Forklift Industry Overview - The report notes that the domestic forklift market is experiencing a decline in sales, while the international market is expanding, with significant growth in exports [2][5]. - The electric forklift segment is gaining traction, with a notable increase in its market share [2]. Key Companies - Anhui Heli's subsidiary, Yufeng Intelligent, has been recognized as a national-level "specialized and innovative" enterprise, enhancing its competitive edge in the logistics automation sector [4]. - Hangcha Group is expanding its international presence by establishing subsidiaries in Malaysia, Thailand, and Vietnam, aiming to enhance global marketing and operational efficiency [5]. - Noli Intelligent Equipment has opened a subsidiary in South Korea, furthering its global strategy and introducing popular products in the local market [5]. Investment Recommendations - The report recommends focusing on Anhui Heli and Hangcha Group, as the recovery in the manufacturing sector is expected to boost domestic forklift sales, and local manufacturers are leveraging cost and technological advantages to expand internationally [5].