SIASUN(SZ:300024) Zhong Zheng Wang·2025-09-25 14:07Core Viewpoint - The humanoid robot industry is entering a rapid development phase driven by policies, industrial capital, and technological advancements, presenting significant investment opportunities [1] Policy Perspective - The national government places high importance on the development of the robot industry, with the Ministry of Industry and Information Technology explicitly stating the intention to explore new tracks such as humanoid robots during the "14th Five-Year Plan" period [1] Industry Perspective - Tesla's Optimus Gen3 mass production plan is approaching, and companies like Figure AI have secured substantial financing while demonstrating strong capabilities, indicating technological feasibility and commercial potential [1] - Domestic companies such as Yushu Technology are experiencing rapid order growth and are actively preparing for IPOs, reflecting the vibrancy of the domestic industrial ecosystem and accelerating commercialization [1] Technological Perspective - Progress in robot technology relies on innovations in core components, with advancements in dexterous hands (for fine operations), rotary encoders (for precise measurement of joint angles), and new sensors (such as electronic skin) rapidly evolving [1] - These breakthroughs, whether "from 0 to 1" or "from 1 to N," will create significant value reassessment opportunities for related companies [1]