机械设备行业：24年挖机销量+3%，Optimus量产提速

Investment Rating - The report maintains a "Recommended" rating for the mechanical equipment industry [3]. Core Insights - The mechanical equipment industry index rose by 1.54%, outperforming the Shanghai and Shenzhen 300 index, which fell by 1.13% [3][8]. - Excavator sales in 2024 are projected to grow by 3.13%, with domestic sales increasing by 11.7% [3]. - The report highlights the acceleration of Optimus production, with plans to manufacture thousands of units by 2025 and significantly increase output by 2026 and 2027 [3]. Summary by Sections Market Review - The mechanical equipment index ranked 5th among 31 industries in terms of performance last week [3][8]. - The overall valuation level of the mechanical industry is at 29.4 times [8]. - The top-performing sectors last week included robotics, machine tools, and semiconductor equipment [3][13]. Key News - In the engineering machinery sector, excavator sales reached 19,369 units in December 2024, a year-on-year increase of 16% [3]. - The global engineering machinery market remains vast, with significant opportunities for export [3]. - Tesla's Optimus robot production is set to ramp up, with a target of 50,000 to 100,000 units by 2027 [3]. - The report suggests focusing on infrastructure and real estate chains driven by policy support, as well as cyclical general equipment [3][20].