HUAXI Securities·2025-05-25 09:59Investment Rating - Industry Rating: Recommended [5] Core Viewpoints - The automotive industry is accelerating its layout in humanoid robots, with the global humanoid robot market expected to reach USD 15.1 billion (approximately RMB 110.7 billion) by 2030, with a compound annual growth rate (CAGR) exceeding 56% [10][14] - Major automotive companies such as GAC, SAIC, BYD, Xiaopeng, and Chery, along with supply chain firms like Huawei and Horizon Robotics, are entering the humanoid robot sector [10][14] - Xiaopeng plans to launch its fifth-generation humanoid robot by 2026, emphasizing the convergence of smart vehicles and robots, which could create synergistic effects [10][27] Summary by Sections 1. Automotive Companies Accelerating Robot Layout - Automotive companies are increasingly investing in humanoid robots, with 15 domestic firms already involved [10][14] - The establishment of Beijing Saihang Embodied Intelligence Technology Co., Ltd. by Seres and Beijing University of Aeronautics and Astronautics marks a significant step in humanoid robot development [10][17] - Xiaopeng's strategy includes the integration of smart vehicles and humanoid robots, aiming for a new industrial breakthrough [10][27] 2. Intelligent Driving Technology Upgrade - The shift towards humanoid robots is also seen in the autonomous driving sector, with companies like Huawei, Xiaomi, and NIO exploring low-speed autonomous robots for various applications [11][43] - The competition between pure vision and multi-sensor fusion approaches in intelligent driving technology is intensifying [30][41] 3. Investment Recommendations - Beneficial stocks in the robot sector include Xiangxin Technology, Qin'an Co., Xinzhi Group, Junsheng Electronics, and Seres [12][45] - For intelligent driving, recommended stocks include Desay SV, Zhongke Chuangda, and Jianghuai Automobile [12][45] 4. Market Performance Overview - The computer industry experienced a weekly decline of 3.02%, ranking 31st among major industries [46][50] - The overall market performance indicates a challenging environment for the computer sector, with a cumulative decline of 0.11% since the beginning of the year [50]