Investment Rating - The report maintains a "Recommended" investment rating for the industry [6]. Core Insights - The mechanical industry is experiencing steady growth, with a focus on low-altitude economy and engineering machinery sectors [3][4]. - The report highlights the competitive advantages of domestic leading enterprises in the export sector, with excavator sales in October 2025 reaching 18,096 units, a year-on-year increase of 7.77% [3]. - The low-altitude economy is supported by national policies and infrastructure development, aiming for over 1,500 take-off and landing points by 2035 [3]. Weekly Market Review - From November 3 to November 7, 2025, the Shanghai Composite Index rose by 1.08%, while the Shenwan Mechanical Equipment Index fell by 0.15%, underperforming the CSI 300 Index by 0.97 percentage points [11]. - Among sub-sectors, general equipment, specialized equipment, and rail transit equipment saw increases of 0.71%, 0.21%, and 2.12% respectively, while automation equipment decreased by 2.65% [11][14]. Key Sector Tracking - The low-altitude economy sector is expected to benefit from government initiatives aimed at expanding application scenarios and infrastructure [3]. - The mechanical equipment sector is projected to maintain steady growth, with a focus on export and engineering machinery [4]. Investment Recommendations - For the low-altitude economy, recommended companies include Shen City Transportation, Sujiao Science and Technology, and Wan Feng Aowei [4]. - In the mechanical equipment sector, recommended companies include Sany Heavy Industry, XCMG, and Anhui Heli [4]. Important Industry Data Tracking - The report tracks key economic indicators, including manufacturing PMI and fixed asset investment, which are crucial for assessing industry health [35][39]. - The robot industry has shown significant growth, with a revenue increase of 29.5% year-on-year in the first three quarters of 2025 [22][23]. Weekly Company Announcements - Jiangsu Lixing General Steel Ball Co., Ltd. signed a strategic cooperation agreement with Zhejiang Rongtai Electric Equipment Co., Ltd. to enhance collaboration in industrial robot components [27][28]. - New Tian Technology announced abnormal stock trading fluctuations, confirming no undisclosed information affecting its stock price [29].

记者今天了解到，国际电工委员会（IEC）正式发布 全球首个工业5G国际标准《工业网络 5G 通信技 术 通用要求》 。该标准由中国与德国联合提出，由美国、法国、日本等多国专家协同攻关、共同研制 完成，填补了工业5G领域国际标准的空白。 当前，5G与工业的深度融合已成为推动全球工业数字化、网络化、智能化转型的核心引擎。该标准聚 焦5G网络在工业现场应用的基本架构、工作机制与维护管理，提供了多种5G与工业现场融合的应用场 景用例，适用于5G工业无线通信系统从规划、设计、建设到优化的全生命周期，为国内外用户、设计 单位及设备制造商在工业环境中部署和应用5G技术提供了统一的技术规范。 该标准的发布， 标志着我国在"5G+工业"融合应用领域取得里程碑意义的国际成果，为全球制造业的 数字化转型贡献了中国智慧与中国方案。 来源｜央视新闻 编辑｜瑜见 ...

Core Insights - The article highlights the advancements in smart manufacturing and the integration of 5G technology in the industrial sector in Huainan City, particularly through the case of Huaihe Energy Holding Group's coal washing company and Fuhua Clothing Co., which have adopted intelligent systems and automation to enhance operational efficiency [1][2]. Group 1: Smart Manufacturing and 5G Integration - Huaihe Energy Holding Group's coal washing company has implemented intelligent sampling robots, reducing the need for manual labor and enhancing operational efficiency through centralized automation control of over 3,000 devices [1]. - Fuhua Clothing Co. has reported a significant increase in equipment efficiency from 60% to 82% after adopting "5G+" technology, along with a 35% improvement in raw material inventory turnover and a reduction in urgent order delivery time from 7 days to 48 hours [2]. Group 2: Government Support and Infrastructure Development - The Huainan government has issued a special plan to support the construction of 5G factories, providing up to 500,000 yuan in subsidies to enterprises, with over 80 million yuan disbursed to date [2]. - The city has established 3,987 5G base stations and 46 5G industry virtual private networks in the past three years, integrating data center construction into the national computing network [2].