西部证券（002673）发布研报称，今年以来医药行业细分板块表现分化，医疗器械、医院板块持续受到 宏观消费疲软、医保资金收紧、集采影响延续等因素的影响，业绩有所承压，目前医疗设备、医院、线 下药店、医药流通、中药目前估值分位点处于10年历史低值，处于超跌位置。在国家推出多项政策大力 支持创新器械，加强基层医疗服务建设的背景下，该行认为医药板块仍具备较大潜力，推荐关注医疗器 械、医疗消费及线下药店方向。 今年以来，多项政策颁布推动大规模设备更新和创新器械。该行认为以旧换新能够加速医疗设备下沉和 医疗需求的释放，院内业务有望回暖，2025年高端医疗设备行业有望保持高景气。且在2021-2024年板 块回调较多的情况下，估值具备较强性价比。考虑政策环境、集采概率、行业增速和国产化率等多重因 素，建议关注优质细分赛道：血透行业、超声行业、内窥镜行业、口腔产业链等。推荐标的：迈瑞医疗 （300760）、联影医疗、海泰新光、山外山、澳华内镜、时代天使、爱迪特（301580）等，建议关注： 威高血净（603014）、天益医疗（301097）、三鑫医疗（300453）等。 医疗消费，看好低估值下医院服务的恢复和基层医疗服务建 ...

1991年海湾战争结束后的30余年里，作为中东产油大国的伊拉克长期深陷"电力短缺"困境。伊拉克 多数电厂以天然气为主要发电燃料，但本国伴生气放空燃烧现象严重，天然气开发水平较低，发电长期 依赖进口天然气，电力供应不足已成为多年难解的民生痛点，也成为制约国家重建和经济发展的瓶颈。 纳杰夫燃机电厂联合循环扩建项目常务副经理高守江告诉记者，该项目利用电厂现有单循环燃机发 电机组产生的高温烟气作为热源，借助国产余热锅炉设备生成高温高压蒸汽，驱动新建的蒸汽汽轮机发 电机组工作产生电能，能够在不增加燃料消耗的情况下增加电力输出，提升发电效率。 新华社巴格达11月25日电 通讯｜构筑幼发拉底河畔的"电力方舟"——访中企承建燃机电厂联合循 环扩建项目 新华社记者段敏夫 李军 清晨的阳光倾泻在伊拉克纳杰夫燃机电厂高耸的发电机组上，金色的光影在钢结构外壁上流动，映 照着一个个忙碌的身影。在中企承建的燃机电厂联合循环扩建项目施工现场，中伊员工密切配合，紧锣 密鼓地开展各项建设工作，在幼发拉底河畔携手共筑"电力方舟"。 今年年初，由上海电气集团股份有限公司（以下简称"上海电气"）总承包建设的幼发拉底河流域联 合循环扩建项目在纳杰夫、 ...

Group 1: Excavator Sales and Market Outlook - In October, domestic excavator sales increased by 2.4% year-on-year, while exports rose by 12.9% [3] - Total excavator sales in October reached 18,096 units, marking a 7.77% year-on-year growth, with domestic sales at 8,468 units and exports at 9,628 units [3] - The domestic market is expected to remain stable, driven by demand from water conservancy projects and labor substitution, while overseas markets show strong capital expenditure in mining sectors [3] Group 2: Oil Service Equipment and Saudi Aramco - Saudi Aramco reported a Q3 adjusted net profit of $28 billion and operating cash flow of $36.1 billion, both showing slight year-on-year increases [4] - The company has adjusted its natural gas production capacity goals, increasing the target growth from over 60% to approximately 80% by 2030 [4] - The demand for oil service equipment is expected to rise due to ongoing energy transition and increased investment in downstream operations [4][5] Group 3: Robotics Sector and Upcoming Catalysts - The robotics sector is anticipated to experience a significant upward trend in November, driven by key events such as Tesla's third-generation robot release and the IPO application of Yushu [5] - Core stocks in the robotics supply chain are recommended for focus, including Top Group, Zhejiang Rongtai, and Hengli Hydraulic [5] - The sector is expected to benefit from concentrated catalysts in the upcoming months, suggesting a favorable investment environment [5]