人形机器人板块大涨点评：特斯拉2026-2027年连续扩产10倍量产指引大超预期，人形机器人商业化落地进程加速

Investment Rating - The industry investment rating is "Overweight (Maintain)" [1] Core Viewpoints - The mechanical equipment industry is experiencing a surge in interest from both domestic and international players, with significant advancements in humanoid robotics and related technologies. The commercialization of humanoid robots is expected to accelerate, presenting investment opportunities in the supply chain [5][6] Summary by Relevant Sections Industry Overview - The mechanical equipment sector is currently witnessing a robust growth trend, with a notable increase in the number of entrants into the humanoid robotics market. Key players include domestic companies like Huawei, ByteDance, BYD, Xiaomi, and GAC, as well as international firms such as Tesla and Figure AI [5] Market Trends - The report highlights a clear trend towards the industrial application of humanoid robots, which is becoming a highly certain application trend both domestically and internationally. The commercialization of humanoid robots is anticipated to be realized soon, suggesting a favorable outlook for related component manufacturers [5] Investment Recommendations - The report suggests focusing on various segments within the humanoid robotics supply chain, including: - Assemblies: Sanhua Intelligent Controls, Top Group - Sensors: Donghua Testing, Amperelong, Hanwei Technology - Reducers: Greelish Harmonic, Shuanghuan Transmission, Zhongdali De - Screws: Beite Technology, Best, Hengli Hydraulic - Motors: Mingzhi Electric - Equipment: Qin Chuan Machine Tool, Huachen Equipment, Rifa Precision Machinery - Additionally, companies in the Huawei supply chain such as Tuosida, Zhaowei Electromechanical, Zhongjian Technology, Hechuan Technology, and Aifute are recommended for attention [6]