Establishments described in this report are primarily participating in the synchronous condenser market. In electrical engineering, a synchronous condenser is a DC-excited synchronous motor, whose shaft is not connected to anything but spins freely. Its purpose is not to convert electric power to mechanical power or vice versa, but to adjust conditions on the electric power transmission grid.

线上均价：同比由负转正。5 月当月冰箱线上均价2185 元，同比+8%；本年年初至今均价2177 元，同比-0.42%。美的进入22 年以来调整白电价格体系，5 月线上价格+12%；容声均价今年保持提升，5 月+11%，年初至今+4%；海尔5 月均价+2%；美菱、西门子、新飞等品牌均价同比下降。

Establishments described in this report are primarily participating in the ultrasound market. An ultrasound is an imaging test that uses sound waves to create a picture (also known as a sonogram) of organs, tissues, and other structures inside the body. Unlike x-rays, ultrasounds don't use any radiation.

2022 年5 月挖机行业销量20,624 台，同比-24.2%，基本符合此前CME 预期-23%，较4 月-47.3%降幅趋势明显。其中国内销量12,179 台，同比-44.8%；出口8,445 台，同比+64.0%，出口持续向好，销量在总销量占比提升至40.9%。2022 年1-5 月挖机行业累计销量122,333 台，同比下降39.1%。其中，国内市场销量80,097 台，同比下降54.7%；出口销量42,236 台，同比增长75.7%，在总销量中占比34.5%。5 月挖机行业降幅较4 月明显缩窄，主要原因是同期高基数压力缓解、出口增长强劲，展望未来，随着疫情逐步可控，基数进一步稀释，行业降幅进一步有望缩窄，三季度有望迎来转正。

军工“内生”需求将中期高增长。世界进入新一轮装备扩张期；为“备战”打战、实现百年强军目标，建立与经济相称的国防，军工装备进入5-8年高增长期。行业“外延”增长锦上添花。2022年是国企“三年行动计划”最后一年，国资委再提“加大优质资产注入及股权激励力度“，军工集团不断推出重组案例。

Chillers are devices that eliminate heat from a fluid through a vapor-compression or absorption refrigerant cycle, and discard that heat elsewhere. Cool fluid generated by the chiller is dispersed within a heat exchanger to cool and dehumidify fluid in various commercial, industrial, and medical facilities. In addition, ice cold water is utilized for different industrial applications, which include food processing, patient cooling, equipment cooling, and others.

PMI（国家统计局4 月30 日数据）：4 月制造业PMI 指数为47.40%，环比下降2.10 个pct，低于荣枯线，制造业总体景气水平继续回落。高技术制造业PMI 为50.10%，环比下降0.30 个pct，高于制造业总体2.70 个pct，具有较强发展韧性。装备制造业PMI 为45.80%，环比下降3.70 个pct;