机械设备行业跟踪周报：推荐出口高增的工程机械、叉车全球份额提高，看好整机高端化、零部件国产化的工业母机

Investment Rating - The report suggests a positive outlook for the oil service equipment and engineering machinery sectors, particularly in the Middle East, indicating a historical opportunity for domestic companies to expand overseas [23][38]. Core Insights - The oil service equipment sector is expected to benefit from China's investment in the Middle East, particularly in energy, with companies like Jerry and Nuway recommended for their growth potential [23][38]. - The engineering machinery sector is poised for growth due to both domestic demand recovery and strong export opportunities, especially in the Middle East, with companies like Sany Heavy Industry and LiuGong highlighted for their export contributions [23][38]. - The photovoltaic equipment sector is also noted for its potential, with advancements in technology and production expected to drive growth, particularly for companies like Jing Sheng and Maiwei [23][38]. Summary by Sections Oil Service Equipment - The report emphasizes the historical opportunity for domestic oil service equipment companies to expand into the Middle East, driven by the Belt and Road Initiative and increasing EPC project participation [23][38]. - Recommended companies include Jerry and Nuway, which are seen as undervalued with high growth potential [23][38]. Engineering Machinery - The engineering machinery sector is experiencing a recovery in domestic demand, with infrastructure and real estate improvements expected to boost sales [23][38]. - Export demand is also strong, particularly in the Middle East, with significant contracts already secured by leading companies [23][38]. - Key players recommended include Sany Heavy Industry, a comprehensive leader, and others like LiuGong and Hengli Hydraulic, which are expected to benefit from increased overseas sales [23][38]. Photovoltaic Equipment - The report highlights advancements in photovoltaic technology, particularly in HJT cells, which are expected to enhance efficiency and drive market growth [23][38]. - Companies such as Jing Sheng and Maiwei are recommended for their leadership in this sector, with a focus on innovative production techniques [23][38].