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机械设备行业周报（2024年第50周）
Mai Gao Zheng Quan·2024-12-10 10:45

Investment Rating - The industry rating is "Outperform the Market" (maintained) [4] Core Insights - The mechanical equipment industry experienced an overall increase of 5.31% from December 2 to December 6, 2024, with general equipment showing the highest growth at 8.27% [12][15] - The retail sales of passenger cars in China for November 2024 reached 2.446 million units, marking an 18% year-on-year increase and an 8% increase compared to the previous month [23][28] - In November 2024, excavator sales reached 17,590 units, a year-on-year increase of 17.9%, with domestic sales up by 20.5% [33] Summary by Sections Mechanical Equipment Industry Overview - From December 2 to December 6, 2024, the mechanical equipment industry saw an overall increase of 5.31%, ranking third among industries [12] - The highest increase was in general equipment at 8.27%, followed by automation equipment (5.49%), specialized equipment (5.36%), and rail transit equipment II (4.42%), with engineering machinery showing the smallest increase at 0.24% [15][16] Industry Data Tracking - In November 2024, the retail market for passenger cars recorded 2.446 million units sold, a year-on-year increase of 18% and an 8% increase from the previous month, with cumulative retail sales for the year reaching 20.281 million units, up 5% year-on-year [23] - The wholesale of passenger cars in November 2024 was 2.943 million units, a 15% year-on-year increase and an 8% increase from the previous month, with cumulative wholesale for the year at 24.119 million units, up 6% year-on-year [23][28] Industry News Announcements - In November 2024, excavator sales totaled 17,590 units, a 17.9% year-on-year increase, with domestic sales at 9,020 units (up 20.5%) and exports at 8,570 units (up 15.2%) [33] - For the period from January to November 2024, a total of 181,762 excavators were sold, reflecting a 1.93% year-on-year increase, with domestic sales at 91,231 units (up 10.8%) and exports at 90,531 units (down 5.66%) [33] - In November 2024, sales of various types of loaders reached 8,646 units, a 2.6% year-on-year decrease, with domestic sales down 15.7% and exports up 16.1% [34]