Core Insights - The US manufacturing sector continued to contract in September, with the PMI at 49.1, indicating a seventh consecutive month of contraction despite a slight improvement from August's 48.7 [1][2] - The output index returned to expansion at 51, a significant increase of 3.2 percentage points from August, while the new orders index fell to 48.9, ending a brief expansion [1][2] - Employment in manufacturing remains weak, with the employment index at 45.3, indicating eight months of contraction, as companies resort to layoffs or hiring freezes [1][2] Manufacturing Sector Performance - The manufacturing PMI has been below the neutral mark of 50 for seven months, reflecting ongoing weakness in the sector [2] - Only five out of 18 manufacturing categories reported growth, including petroleum, primary metals, textiles, metal products, and other manufacturing, while 11 sectors, such as wood, plastics, chemicals, transportation equipment, and electronics, reported declines [2] - The overall economic expansion continues, with the PMI reading corresponding to an annualized GDP growth of approximately 1.9% [2] Price and Inventory Trends - The price index for September was 61.9, indicating continued upward pressure on raw material costs, despite a decrease of 1.8 percentage points from the previous month [1] - The inventory index fell to 47.7, suggesting increased pressure on companies to reduce inventory levels [1] - Customer inventories are generally low, which may benefit production in the future, but current business confidence is still affected by tariffs and global trade uncertainties [2]

Company Overview - Chaozhou Keling Technology Co., Ltd. has been established with a registered capital of 100,000 RMB [1] - The legal representative of the company is Chen Posheng [1] Business Scope - The company engages in various services including industrial design, information technology consulting, and research and development of intelligent robots [1] - It also involves sales of intelligent robots, artificial intelligence application software, and hardware [1] - The company is involved in the research and sales of mechanical equipment and components, as well as the manufacturing and retail of hardware products [1] - Additionally, it manufactures and sells non-road leisure vehicles and their parts, bicycles, and electric bicycles [1] - The company is engaged in the research and sales of automotive parts and accessories, along with import and export activities [1]