SIASUN(SZ:300024) Xin Lang Cai Jing·2025-11-26 08:33Core Viewpoint - The A-share market experienced fluctuations with the robotics sector showing weak performance, as the Robotics ETF (159213) remained below its six-month moving average despite some individual stocks performing positively [1][3]. Market Performance - The Robotics ETF (159213) saw mixed performance among its constituent stocks, with companies like Shuanghuan Transmission and Green Harmony rising over 1%, while others like iFlytek and Stone Technology faced declines [3][4]. - As of 15:00, the performance of the top ten constituent stocks varied, with Huichuan Technology up by 0.70% and iFlytek down by 1.01% [4][5]. Industry Developments - Elon Musk announced that Tesla's Robotaxi fleet in Austin, Texas, is expected to double in size next month, indicating significant growth in the robotics sector [5]. - Google DeepMind is making strides to develop its Gemini AI into a universal robotics control platform, having hired former Boston Dynamics CTO Aaron Saunders [5]. - The human-robot market is projected to enter a golden development period over the next 5-10 years, with Bain forecasting annual sales to reach 6 million units and a market size exceeding $120 billion by 2035 [6]. Investment Insights - CITIC Securities suggests a cautious approach in the robotics sector, focusing on high-probability and undervalued investments, as the market is expected to transition into a phase of validating true value after significant adjustments [6]. - The report emphasizes the importance of technological advancements and cost reductions in driving the large-scale deployment of humanoid robots, with a critical point being when the return on investment surpasses that of human labor [6].