Tesla(US:TSLA) Guohai Securities·2025-03-16 08:20Investment Rating - The report maintains a "Recommended" rating for the humanoid robot industry [1] Core Insights - The humanoid robot industry is experiencing accelerated industrialization due to continuous technological iterations from robot manufacturers and supportive government policies [6][15] - Tesla's Optimus robot is expected to begin mass production in 2025, with anticipated shipment volumes and performance potentially exceeding market expectations [9][20] - The report highlights key players in the industry, recommending companies with strong certainty and significant value in the supply chain, such as Sanhua Intelligent Control, Top Group, Beite Technology, and Zhaomin Technology [9][24] Summary by Sections Section 1: Industry News - Notable developments include the attendance of Yushu Technology's CEO at a private enterprise symposium and the release of the Helix model by Figure AI, indicating a push towards humanoid robot industrialization [6][12] - The Chongqing government has launched a project to promote intelligent robots, while Shenzhen plans to introduce specific policies for humanoid robots [15][17] Section 2: Investment Recommendations - The report suggests focusing on companies that are likely to benefit from the development of the humanoid robot supply chain, particularly those connected to major manufacturers in the Sichuan-Chongqing region [24] - A list of recommended stocks includes Sanhua Intelligent Control, Top Group, Beite Technology, and Zhaomin Technology, with additional attention to companies like Shuanglin Co. and Sanlian Forging [24][9] Section 3: Market Performance - The humanoid robot sector saw a significant increase of 18.4% in stock performance over February, with notable gainers including Jingzhu Technology and Siling Co., both up by 34% [18][19]