人形机器人产业链事件点评：Grok 3大模型有望助力人形机器人实现具身智能，蚂蚁集团招募人形机器人岗位

Investment Rating - The industry investment rating is "Overweight (Maintain)" [1] Core Viewpoints - The mechanical equipment industry is experiencing significant advancements, particularly in humanoid robotics, driven by AI technologies and increased participation from various companies [5] - The commercialization of humanoid robots is expected to accelerate, with a notable increase in applications within industrial settings [5] - Key players in the industry include domestic companies such as Huawei, ByteDance, BYD, Xiaomi, and Ant Group, as well as international firms like Tesla and Figure AI [5] Summary by Sections Industry Overview - The mechanical equipment industry is currently witnessing a surge in interest and investment, particularly in humanoid robotics, which is seen as a promising area for growth [5] - The introduction of advanced AI models, such as Grok 3 by xAI, enhances the capabilities of humanoid robots, allowing for more complex problem-solving and broader application scenarios [4] Market Trends - The report highlights a trend of increasing commercialization of humanoid robots, with expectations for significant advancements by the end of the year [4][5] - The industry is entering a phase characterized by diverse entrants and competitive dynamics, indicating a robust growth environment [5] Investment Recommendations - Suggested companies to watch include: - Assemblies: Sanhua Intelligent Controls, Top Group - Sensors: Keli Technology - Reducers: Shuanghuan Transmission, Zhongdali De - Motors: Mingzhi Electric [6] - Specific recommendations for the Huawei robotics supply chain include companies like Tuosida, Zhaowei Electromechanical, and Hechuan Technology [6] - For the Yushu robotics supply chain, companies such as Changsheng Bearing, Obit Optical, and Lingyun Optics are highlighted [6]