SIASUN(SZ:300024) Sou Hu Cai Jing·2025-11-05 05:26Core Viewpoint - The Robot ETF (159770) is experiencing significant capital inflow and growth, reflecting strong investor interest in the robotics sector, driven by advancements in technology and increasing demand for automation solutions [3][4][5]. Fund Performance - As of November 5, 2025, the Robot ETF (159770) recorded a trading volume of 165 million yuan, with a net subscription of 69 million shares, indicating robust investor engagement [3]. - Over the past two weeks, the Robot ETF (159770) has seen an increase in scale by 743 million yuan, ranking first among comparable funds, with a total share count reaching 9.153 billion, a new high since its inception [4]. - In the last five days, the fund attracted a net inflow of 430 million yuan, leading its category, and has accumulated a total net inflow of 1.07 billion yuan over the past 14 days [4]. Industry Trends - The Chinese robotics industry is rapidly evolving towards a new "intelligent partner" model, with production levels in the first three quarters of 2025 surpassing the total output of 2024, indicating strong growth momentum [5]. - The demand for intelligent robots across manufacturing and service sectors is continuously increasing, contributing to high-quality development in the industry [5]. Notable Events - On November 4, 2025, Giant Legend announced a sales contract exceeding 100 million yuan for quadruped robots, marking a significant move into the intelligent equipment sector and supporting the industrialization of quadruped robot technology [6]. - The 2025 China Robotics Industry Development Conference is set to take place from November 10 to 12 in Shanghai, highlighting ongoing innovation and growth in the sector [4]. Institutional Insights - CITIC Securities emphasizes the potential of humanoid robots, noting key developments such as Tesla's Gen3 model and the Optimus project, which are expected to enhance market expectations and drive technological advancements [7]. - The report suggests focusing on core companies with clear advantages in the T-chain and domestic supply chains, as well as monitoring new developments in dexterous manipulation technologies [7].