机器人产业ETF（159551）涨超1.3%，机构称人形机器人产业化进程加速

Group 1 - The core viewpoint indicates a significant increase in domestic and international excavator sales in November 2025, despite a relatively weak real estate demand in China [1] - Domestic fixed asset investment in infrastructure continues to show a downward trend, while mining fixed asset investment has seen a slight recovery over the past two months [1] - The average working hours and operating rates of major engineering machinery products have shown a month-on-month improvement in November [1] Group 2 - The penetration rate of engineering machinery in the mining sector is expected to increase, driven by the commencement of major national projects, accelerated funding, and replacement policies [1] - High demand persists in Africa and regions along the Belt and Road, while demand in Europe and North America is gradually recovering [1] - The U.S. government is focusing on the development of humanoid robots, intending to accelerate policy issuance to boost industry growth [1] Group 3 - Domestic central and local governments continue to issue policies to promote the development of humanoid robots, alongside advancements in AI models and dexterous hands, which are expected to accelerate the industrialization process [1] - The Robot Industry ETF (159551) tracks the Robot Index (H30590), which focuses on the robotics and automation sectors [1] - The index selects listed companies involved in industrial and service robots and their supply chains, reflecting the overall performance of the robotics industry [1]