机械设备行业：电力融合工业互联网，相关设备领域或将受益

Investment Rating - The industry investment rating is Neutral (maintained) [1] Core Viewpoints - The integration of industrial internet with the power sector is expected to benefit related mechanical equipment, indicating significant development potential in the industry [1] - The industrial internet has become a crucial infrastructure for the new industrial revolution, with its value added reaching 4.69 trillion yuan in 2023, accounting for 3.72% of GDP [1] - The report highlights the potential for robots and sensors in the power sector, particularly in equipment manufacturing and substation inspection, which can enhance efficiency and reduce costs [1] Summary by Sections Industry Performance - Over the past 12 months, the relative return compared to the CSI 300 index has been -10.96% [1] - Absolute returns for the past month, three months, and twelve months are 21.92%, 13.31%, and -5.7% respectively [1] Investment Recommendations - The report suggests focusing on mechanical equipment related to sensors and robots, as the industrial internet continues to develop in the power sector [1]