国家能源局分布电力现货市场基本规则和监管办法2 个文件征求意见。11 月25 日，国家能源局综合司发布关于公开征求《电力现货市场基本规则（征求意见稿）》《电力现货市场监管办法（征求意见稿）》意见的通知。文件就市场成员、市场构成与价格、现货市场运营、市场衔接机制、计量、市场结算、信用管理、市场监管、干预等进行了规定。这将为全国电力现货市场的运行运营铺平道路。10 月20 日-11 月20 日，国内光伏组件招中标市场定标约19.39GW。 10 月20 日-11 月20 日的光伏组件招中标市场，约19.39GW 定标，均价为1.96 元/W。

Transformer oils are used as dielectric fluids and act as a coolant for transformers, switchgear, starters, regulators, and more. The performance of transformers mainly depends upon the quality and type of transformer oil. Transformers are important equipment that is used for the transmission & distribution of electricity. Additionally, various industries require different types of transformers to get the desired voltage and current that is essential for the optimum performance of machinery installed in plants. The agricultural sector also uses transformers for various tools and irrigation equipment, such as electrical pumps and motors.

The sterilization of medical equipment is a vital process within critical healthcare environments to ensure patient safety. Similarly, life science and pharmaceutical laboratories must sterilize their laboratory equipment and supplies to get rid of contaminants. Therefore, healthcare establishments and medical and research laboratories must invest in efficient and reliable sterilization devices to ensure the timely availability of sterile medical equipment and instruments. For instance, critical medical instruments such as urinary and cardiac catheters, surgical instruments, and implants require thorough sterilization before reuse. Also, endoscopes, anesthesia and respiratory equipment, laryngoscope blades, blood pressure cuffs, and bedpans are some semi-critical equipment in healthcare settings that require regular sterilization. Various methods of medical sterilization include high temperature/pressure and chemical processes, which require equipment such as dry heat sterilizers and ovens, UV chambers, steam sterilizers, autoclaves, irradiation products, and stand-alone water treatment systems.

There is substantial growth in the global ride-on lawn mowers market due to the increased demand for equipment from residential and commercial users. The growth in demand is due to the expansion of green acreage. The need for ride-on lawn mowers surges during summer and spring due to the increased time spent on lawncare activities. Moreover, government efforts to expand green acreage through the construction of parks, lawns, and playgrounds push the demand for ride-on lawn mowers in the market. Also, increased interest in gardening and lawn care activities significantly drives the demand for landscaping services, thereby driving the need for equipment from landscaping service providers.

There is substantial growth in the global ride-on lawn mowers market due to the increased demand for equipment from residential and commercial users. The growth in demand is due to the expansion of green acreage. The need for ride-on lawn mowers surges during summer and spring due to the increased time spent on lawncare activities. Moreover, government efforts to expand green acreage through the construction of parks, lawns, and playgrounds push the demand for ride-on lawn mowers in the market. Also, increased interest in gardening and lawn care activities significantly drives the demand for landscaping services, thereby driving the need for equipment from landscaping service providers.

The dynamic cleaning equipment industry has witnessed a paradigm shift over the years in terms of trends and challenges across the globe. The cleaning industry is constantly evolving with micro and macro environmental factors. It is also externally shaped based on the equipment and technology available in the market. With considerable upgrades in business models and operation techniques, the market can witness further traction supported by stringent protocols and corporate policies. Accordingly, pressure washers form an integral component of the cleaning equipment industry and are expected to grow 1.29 times during the forecast period. For battery-powered pressure washers, the contract cleaning market is expected to shape the growth during the next five years.

Liquid handling systems are critical equipment used in manufacturing and sanitation operations in biological research and drug development laboratories. Liquid handling equipment includes a comprehensive range of micropipettes and pipettes, stackers, handlers, washers, and robotic systems. Automated liquid handling systems include liquid handling robots, which are automated devices used to dispense and sample liquids in laboratory settings. Also, these systems are used in preparation for high throughput screening or sequencing, liquid weighing, sample preparation, and bioassays in industrial and academic settings. Several liquid handling systems are being used in epigenetics and genetics studies. The use of robotic liquid-handling systems in research and clinical genomics laboratories has made the sequencing workflow more efficient and cost-effective in high-throughput next-generation sequencing (NGS).

投资建议：个股方面，重点推荐高端化多品牌领先布局效率优化的海 尔智家（22 年14.6X）、显著受益Q3 空调需求改善的格力电器（6.8X）、 内销结构升级明显，出口逐步企稳的美的集团（10.3X）、家空业务逐 渐改善，央空稳健增长的海信家电（12.5X）

2022 年CS 机械板块跑赢沪深300 近10pct。截止11 月15 日收 盘，2022 年CS 机械行业下跌3.46%，跑赢沪深300 指数（-13.24%） 9.78pct，排名30 个中信一级行业第8 名。中信机械三级子行业中 金属制品、工业机器人、机床设备等子行业表现靠前。

11 月21 日，工信部等三部门联合印发《关于巩固回升向好趋势加力振 作工业经济的通知》（以下简称《通知》），从多措并举夯实工业经济回稳基 础、分业施策强化重点产业稳定发展、分区施策促进各地区工业经济协同发 展、分企施策持续提升企业活力、保障措施等五方面提出了17 项具体举措。 我们认为，《通知》从核心技术攻坚、金融投资、稳定出口、供应链保障、 数字化转型等多方面支持高端数控机床行业发展，并给予一定政策方向的指 引，对机床设备板块将构成重大利好。中长期来看，高端数控机床作为高端 装备的重要组成部分，有望得到更多财政货币政策方面的优惠待遇，建议关 注相关投资机会，重点推荐科德数控。