机械行业：深圳将发布专项政策，人形机器人有望充分受益

Investment Rating - The industry investment rating is "Positive" [4] Core Insights - Shenzhen government plans to release special policies for humanoid robots, which are expected to benefit significantly from the initiative [1] - A 10 billion yuan fund will be established to support the artificial intelligence and robotics industry, focusing on software, hardware, and embodied intelligence [2] - The government aims to open 100 application scenarios for humanoid robots by 2025, enhancing their commercialization prospects [1][2] Summary by Sections Government Initiatives - Shenzhen will implement policies to support humanoid robots, including opening application scenarios across the city [1] - The government will encourage collaboration among industry, academia, and research to tackle key technological challenges [2] Market Potential - The humanoid robot market is currently small, but the establishment of a government fund is expected to stimulate investment and innovation [2] - The focus on critical hardware components such as precision reducers and sensors is anticipated to accelerate domestic production and benefit related companies [2] Beneficiary Companies - Companies likely to benefit from these developments include: - Keli Sensor (603662) - Donghua Testing (300354) - Mingzhi Electric (603728) - Zhaowei Electromechanical (003021) - Tuobang Co. (002139) - Weiguang Co. (002801) - Hengli Hydraulic (601100) - Best (300580) - Shuanghuan Transmission (002472) - Greenland Harmonic (688017) - Zhongdali De (002896) - Huichuan Technology (300124, strongly recommended) - Estun (002747) [2]