Di Yi Cai Jing·2025-10-21 23:53Core Viewpoint - The humanoid robot sector is experiencing a significant correction due to liquidity fluctuations, indicating a strategic window for positioning before the industry trend reaches a pivotal point [1] Group 1: Industry Trends - The upcoming Tesla Q3 report and shareholder meeting are critical observation points for the market [1] - The passenger vehicle market shows positive data for the "Golden September and Silver October" period, but market expectations are becoming muted [1] - There is a continued focus on the high-end and intelligent vehicle segments within the structural outlook [1] Group 2: Commercial Vehicle Insights - The commercial vehicle sector is benefiting from the implementation of subsidies and increased export volumes [1] - The sector exhibits significant characteristics of low valuation and high growth potential, with some leading companies likely to experience a "Davis Double" effect [1]