Guojin Securities: Bullish on the mechanical industry for nuclear fusion, marine economy, and forklifts.

Guojin Securities pointed out that nuclear fusion has entered a period of intensive capital expenditure, and the bidding for auxiliary power sources continues to make progress. In the marine economy, policies related to "marine economy" and "deep-sea technology" are frequently issued, with a focus on high-end marine equipment manufacturing. Forklift demand is slightly better than expected, and smart logistics + robots are expected to drive valuation growth.