机械行业周报：12月叉车内销同比转正，出口增幅继续维持较高水平

Investment Rating - The industry investment rating is "Positive" with expectations of overall returns exceeding the CSI 300 index by more than 5% in the next six months [53]. Core Viewpoints - In December, domestic sales of forklifts turned positive year-on-year, with a significant export growth rate maintained. Forklift sales reached 111,329 units, a year-on-year increase of 11.7%, with domestic sales at 67,283 units (up 9.71%) and exports at 44,046 units (up 14.9%) [4][13]. - The domestic forklift market shows signs of stabilization, with a month-on-month increase of 10.76% in December, indicating recovery potential driven by national equipment renewal policies and economic stimulus measures [4][13]. - Leading domestic forklift manufacturers are focusing on overseas markets, enhancing their marketing and after-sales service networks, which positions them favorably to capture more international market share, especially with the increasing lithium battery adoption [4][13]. Summary by Sections Industry Trends - The mechanical sector saw a 5.7% increase, ranking fifth among all primary industries during the period from January 13 to January 17, with the CSI 300 index rising by 2.1% [3][44]. - The textile and apparel machinery sector experienced the highest growth at 13.4%, while the railway transportation equipment sector had the lowest growth at 1.9% [3][44]. Key Company Recommendations - The report suggests focusing on companies such as Anhui Heli and Hangcha Group due to the positive outlook for domestic forklift demand and sustained export growth [5][14]. Sub-industry Performance - The report highlights various sub-industry performances, with notable sales increases in different machinery categories, such as a 30.9% year-on-year increase in grader sales and a 67.1% increase in automotive crane exports [15][16].