叉车月度跟踪：叉车10月销量同比+0.44%，开工率环比增长1.1pct

Investment Rating - The industry investment rating is "Outperform the Market" and maintains "Market Performance" [1][2]. Core Insights - Forklift sales in October increased by 0.44% year-on-year, with a month-on-month increase in operating rate by 1.1 percentage points [1]. - In October 2024, a total of 98,600 forklifts were sold, with cumulative sales from January to October reaching 1,069,300 units, representing a year-on-year growth of 9.75% [1][2]. - Domestic forklift sales in October were 60,600 units, down 5.99% year-on-year, while exports reached 38,000 units, up 12.7% [1][2]. - The electric forklift sales accounted for 59.20% in September, with a slight decrease of 0.29 percentage points month-on-month [1][2]. Summary by Sections Sales Performance - In October 2024, the sales of various types of forklifts reached 98,600 units, marking a year-on-year increase of 0.44%. Cumulatively, from January to October, sales totaled 1,069,300 units, reflecting a year-on-year growth of 9.75% [1][2]. - The domestic market saw a decline in sales, with 60,600 units sold in October, while the export market showed growth with 38,000 units sold [1][2]. Company Performance - Anhui Heli reported a revenue increase of 2.11% year-on-year for Q1-Q3 2024, with a net profit increase of 11.63% [2]. - Hangcha Group's revenue grew by 1.55% year-on-year for Q1-Q3 2024, with a net profit increase of 21.20% [2]. - Noli Co. experienced a revenue decline of 3.57% year-on-year for Q1-Q3 2024, but a net profit increase of 1.03% [2]. Market Trends - The manufacturing PMI for October 2024 was reported at 50.1%, indicating a slight recovery in manufacturing activity [1]. - The average working hours for major engineering machinery products in October were 88.9 hours, with a month-on-month decrease of 1.24% [1].