新华财经北京7月8日电（记者樊曦、姜赛）"'Whoosh'是一列高铁列车，也是一种生活方式。" 今年，是世界铁路诞生200周年。7月8日在北京开幕的第十二届世界高速铁路大会上，印尼-中国高速铁 路公司董事长德维亚纳·斯拉梅·里亚迪点赞"Whoosh"（雅万高铁动车组的昵称）。 这列采用中国标准设计、建造，融合了印尼文化特色的高速列车，飞驰在雅加达与万隆之间，全程只需 40多分钟。雅万高铁是东南亚首条时速350公里的高铁，也是中国高铁"走出去"的标志性成果。 在北京，这场由中国国家铁路集团有限公司与国际铁路联盟（UIC）联合主办的全球高铁盛会，吸引了 包括中国、法国、土耳其、意大利、日本、印尼等60多个国家和地区的2000余位嘉宾参会，共话"高速 铁路：创新发展让生活更美好"。 中国高铁，再一次站上世界舞台中央。 国铁集团负责人用一组数字，展现中国高铁发展成就—— 建成了全球规模最大、现代化水平最高、运营场景最丰富的高铁网，高铁营业总里程达4.8万公里，占 世界高铁总里程70%以上，覆盖全国97%的50万人口以上城市； 形成了完备成套的高铁技术体系，覆盖高铁工程建设、装备制造、运营管理等各个领域，研发了以复兴 ...

Core Viewpoint - The construction of a strong transportation system in China has made significant progress in recent years, with a focus on high-quality development and the establishment of a comprehensive transportation network [2][3]. Infrastructure Development - China's comprehensive transportation network has exceeded 6 million kilometers, connecting over 80% of counties and serving approximately 90% of the economy and population [2]. - As of the end of last year, the railway operating mileage reached 159,000 kilometers, with over 45,000 kilometers of high-speed rail; the total length of highways reached 5.4368 million kilometers, including 183,600 kilometers of expressways [2]. - Inland waterway navigation mileage is 128,200 kilometers, with 15,400 kilometers of class three and above waterways; there are 22,023 productive port berths, including 2,878 berths for vessels of 10,000 tons and above [2]. Transportation Efficiency - Daily transportation volumes have increased, with approximately 150 million tons of goods and 445 million express parcels delivered each day in 2023 [4]. - The railway sector has improved service levels, enhancing both passenger and freight transport capabilities [4]. - The civil aviation sector has seen a 13.4% year-on-year increase in flight volume, with an on-time performance rate exceeding 80% for six consecutive years [5]. Logistics and Cost Reduction - The logistics cost as a percentage of GDP decreased by 0.3 percentage points compared to the previous year, indicating improved efficiency in logistics operations [5]. - The proportion of freight volume from rail and water transport has increased by 1.4 and 3 percentage points, respectively, since 2017 [5]. Technological Innovation - Significant advancements in transportation technology have been made, including the development of high-speed rail technology and the introduction of smart logistics solutions [7]. - The low-altitude economy is thriving, with over 14,000 drone companies and more than 225,000 licensed drone operators in China [7]. - The number of newly registered drones reached nearly 608,000 in the first half of this year, a 48% increase from the end of last year [7]. Future Initiatives - The Ministry of Transport plans to accelerate the construction of the "6 axes, 7 corridors, and 8 channels" framework and enhance the national comprehensive freight hub [3][6]. - Efforts will be made to lower logistics costs and improve efficiency through structural, systematic, and technological enhancements [6]. - The government aims to develop a robust low-altitude service guarantee system and improve infrastructure standards to support the growth of the low-altitude economy [8].

Investment Rating - The report does not explicitly state an investment rating for the mechanical equipment industry, but it provides insights into the performance of the industry compared to the broader market indices [7]. Core Insights - The mechanical equipment index decreased by 0.43% last week, while the Shanghai and Shenzhen 300 index fell by 1.08%, indicating a relatively better performance of the mechanical equipment sector [7]. - The overall valuation level of the mechanical industry is reported at 31.0 times [7]. - The top-performing segments within the mechanical industry include oil and gas development equipment, testing services, and shipping equipment, with year-to-date gains led by wind power equipment, machine tools, and engineering machinery [12]. Summary by Sections Weekly Market Review - The mechanical equipment index's performance ranked 21st among 31 industries, with a slight decline compared to the previous week [7]. - The report highlights the valuation of the mechanical industry and its comparative performance against major indices [7][10]. Key News Tracking - The report covers significant developments in various segments, including: - **Engineering Machinery**: The rental index for lifting platforms increased by 8.2% month-on-month, indicating a positive trend in equipment utilization [16]. - **Rail Transit**: The first series of standard new energy locomotives were exported, marking a significant achievement for China's green rail transport equipment [17]. - **Oil and Gas Equipment**: The completion of the largest offshore oil and gas platform in the Bohai Sea showcases advancements in technology and capacity [18]. - **Shipping Equipment**: The delivery of a large LNG transport vessel reflects improvements in construction efficiency [18]. - **Lithium Battery Equipment**: Updates on solid-state battery projects indicate ongoing innovation in the sector [19]. - **Photovoltaic Equipment**: The establishment of a large photovoltaic demonstration base in a challenging climate area represents a significant milestone [20]. Industry Performance - The report provides detailed performance metrics for various sub-sectors within the mechanical equipment industry, highlighting both weekly and year-to-date performance [15]. - Specific companies and their performance within these segments are also noted, indicating a diverse landscape of growth opportunities [15].

Core Viewpoint - The successful launch of the CKD6H locomotive by CRRC in Kazakhstan marks a significant milestone in the export of China's standardized new energy locomotives, contributing to the development of green rail transport solutions along the Belt and Road Initiative [1][3]. Group 1: Project Overview - The CKD6H locomotive is the first series of new energy locomotives exported following China's policy to replace old diesel locomotives with new energy alternatives [3]. - This project fills the gap in the export of standardized new energy locomotives from China and serves as a demonstration project for high-quality development of new energy railway equipment [3]. Group 2: Technical Specifications - The CKD6H locomotive is designed for extreme cold environments in Central Asia, utilizing a hybrid power system of "diesel engine + power battery" [5]. - It features a low-emission diesel engine compliant with EU IIIA standards and a high-safety lithium iron phosphate battery, along with an intelligent diagnostic system and a quadruple safety protection system [5]. - The intelligent energy management system allows for over 45% fuel savings, 80% noise reduction, and a 45% to 83% decrease in pollutant emissions compared to traditional diesel locomotives [5]. Group 3: Environmental Impact - Each CKD6H locomotive can reduce carbon dioxide emissions by an average of 240 tons per year, showcasing significant environmental benefits [5]. Group 4: Future Developments - The CKD6H locomotive is scheduled to arrive in Kazakhstan in June, where it will undergo EAC certification based on China's new energy locomotive standards, marking the first time these standards are adopted internationally [5]. - CRRC Ziyang Company has developed a diverse product matrix that includes hybrid, pure electric, and hydrogen energy solutions, offering customized solutions with power ranges from 200 kW to 3000 kW to meet various customer needs [7].

本次财报公布的各项数据指标表现尚佳。其中，毛利率33.5%，同比增12.93%，净利率15.18%，同比增 5.85%，销售费用、管理费用、财务费用总计2.56亿元，三费占营收比5.63%，同比增1.65%，每股净资 产30.14元，同比增14.2%，每股经营性现金流0.04元，同比增111.07%，每股收益0.45元，同比增15.38% 证券之星价投圈财报分析工具显示：业务评价：公司去年的ROIC为8.67%，资本回报率一般。去年的净 利率为15.85%，算上全部成本后，公司产品或服务的附加值高。融资分红：公司上市4年以来，累计融 资总额75.55亿元，累计分红总额31.55亿元，分红融资比为0.42。 财报体检工具显示：建议关注公司现金流状况(货币资金/流动负债仅为98.94%)建议关注公司应收账款 状况(应收账款/利润已达311.4%) 分析师工具显示：证券研究员普遍预期2025年业绩在42.97亿元，每股收益均值在3.13元。 据证券之星公开数据整理，近期时代电气(688187)发布2025年一季报。截至本报告期末，公司营业总收 入45.37亿元，同比上升14.81%，归母净利润6.31亿元，同比上升 ...