其他专用机械出口链月度跟踪：10月主要消费出口链同比增长；重视制造出海公司

Investment Rating - The report maintains an "Outperform" rating for the industry, indicating expected returns above the benchmark index by more than 10% [1][7]. Core Insights - The report highlights a 10% year-on-year growth in the export chain, emphasizing the importance of companies engaged in manufacturing overseas [1][4]. - The report notes a slight appreciation of the US dollar against the Chinese yuan and a slight depreciation of the euro against the yuan, with shipping costs for various routes showing an upward trend [1][4]. - The textile and apparel export from China has seen a cumulative increase of 3% year-on-year from January to October 2024, with specific figures indicating textile exports at 829.52 billion yuan and apparel exports at 932.75 billion yuan [4][6]. Summary by Relevant Sections Macro Data - In October, the US inflation rate increased by 0.2% month-on-month, while the Eurozone's CPI year-on-year growth was 2% [1][4]. - The report provides insights into various regions, including Turkey's CPI at 48.58% year-on-year and Indonesia's CPI at 0.83% year-on-year [1][4]. Key Industry Tracking - The motorcycle industry in China reported a 9.01% month-on-month decline in export value for September 2024, but a 25.32% year-on-year increase, with export volume showing a similar trend [5][6]. - The golf cart industry experienced an 18.78% month-on-month decline in export volume but a significant year-on-year increase of 106.25% [5][6]. Digital Printing Industry - The digital printing sector is rapidly developing, with an equipment inventory of approximately 50,000 units as of 2023, and a significant annual growth rate of 37.4% in production from 2015 to 2023 [6][7]. - The report indicates that digital transfer printing costs are lower than traditional printing, leading to a high substitution rate [6][7]. Investment Recommendations - The report recommends continued investment in Honghua Digital Technology and suggests attention to companies like Juxing Technology, Yindu Co., and Taotao Vehicle [7].