持国产，工程机械持续向好

Investment Rating - The report maintains a positive investment rating for the machinery equipment industry [3]. Core Insights - Government procurement policies are increasingly supporting domestic products, with a proposed 20% price evaluation discount for domestic products compared to foreign ones [10]. - The manufacturing PMI for November 2024 is reported at 50.3%, indicating continued expansion, with production and new order indices showing positive month-on-month growth [10]. - Fixed asset investment in the manufacturing sector for the first ten months of 2024 has increased by 9.3% year-on-year, reflecting a recovery in growth rates [10]. Summary by Sections Section 1: Key Insights of the Week - The report highlights the impact of new government procurement policies favoring domestic products and the tightening of semiconductor export controls by the U.S. [10]. - The manufacturing PMI and fixed asset investment data suggest a positive trend in the machinery sector [10]. Section 2: Market Review - The machinery index saw a significant increase of 3.95% last week, outperforming other indices [18]. - The report notes that sub-sectors such as industrial robots and machine tools experienced substantial gains [20]. Section 3: Core Insights Update - The manufacturing PMI and fixed asset investment data indicate a robust outlook for the machinery sector, with specific attention to the engineering machinery segment [23]. Section 4: Important Announcements from Listed Companies - Several companies are highlighted for their strong performance and growth potential, including: - Bolong Technology, with a 60.2% year-on-year profit increase [11]. - Soft Control, benefiting from overseas investments by domestic tire companies [12]. - East Asia Machinery, showing strong growth in high-end products [13]. - Sande Technology, with significant growth in its unmanned intelligent equipment business [14]. - Shan Gu Power, with improved quarterly performance [15]. - Jerry Holdings, with a projected project value of approximately $9.2 billion [16].