机械工业行业周报：十月份全国规模以上工业企业利润同比增长5.3%，先导智能固态干法电极涂布设备成功交付至韩国某头部客户

Investment Rating - The report maintains an "Outperform" rating for the industry, with a market performance rating [1]. Core Insights - The mechanical equipment industry has shown a negative cumulative excess return of -1.14% for the week ending November 15, 2024, ranking 17th among all industries. Year-to-date, the cumulative excess return is -7.89% [15]. - In October 2024, the sales of automotive cranes decreased by 15%, and crawler cranes saw a decline of 20.3%. However, the sales of truck-mounted cranes increased by 10.6% [5]. - The railway fixed asset investment from January to October 2024 grew by 10.9%, with a total investment of 635.1 billion yuan [3]. Summary by Sections Rail Transit Equipment - From January to October 2024, the national railway fixed asset investment increased by 10.9%, reaching 635.1 billion yuan. The number of passengers transported by rail reached 3.71 billion, marking a 13% year-on-year increase [3]. Robotics - Zhaowei released a humanoid robot with 17 active degrees of freedom, enhancing its capabilities for precise actions. Huawei's global embodied intelligence innovation center is set to accelerate operations [4]. Engineering Machinery - The infrastructure investment for January to October 2024 grew by 9.35%, while real estate development investment decreased by 10.3% [5]. Lithium Battery Equipment - Leading Intelligent's solid-state dry electrode coating equipment was successfully delivered to a major customer in South Korea. Xinjie Energy launched its high-energy lithium metal solid-state battery, enhancing eVTOL range [6]. Photovoltaic Equipment - Prices for polysilicon, silicon wafers, and solar cells remained stable, with a slight decrease in TOPCon182 cell prices. Jing Sheng received a significant order for its edge passivation EPD equipment [9]. Export Chain - The RMB depreciated slightly against the USD, with the CCFI index showing a 65% year-on-year increase [10]. Recommendations - The report suggests focusing on companies such as China CNR, Hangyang, and Sany Heavy Industry for potential investment opportunities [10].