HUAXI Securities·2025-05-25 10:25Investment Rating - Industry Rating: Recommended [5] Core Insights - The automotive industry is accelerating its layout in humanoid robots, with a projected global market size of $15.1 billion (approximately 110.7 billion RMB) by 2030, growing at a compound annual growth rate (CAGR) of over 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 cars and robots as a unified industry [27][28] Summary by Sections 1. Automotive Companies Accelerating Humanoid Robot Development - The automotive sector is increasingly investing in humanoid robots, with 15 domestic companies already involved [10][14] - Xiaopeng has introduced two generations of humanoid robots, with plans for further advancements [22][25] 2. Intelligent Driving Technology Upgrades - The competition between pure vision and multi-sensor fusion for intelligent driving technology continues to evolve, with significant investments from companies like Tesla and Huawei [30][41] - The market for lidar technology is expected to grow significantly, with a projected increase of 68% year-on-year by 2024 [39] 3. Investment Recommendations - Beneficial stocks in the robotics sector include Xiangxin Technology, Qin'an Co., Xinzhi Group, and others [12][45] - In the intelligent driving sector, recommended companies include Desay SV, Zhongke Chuangda, and Jianghuai Automobile [12][45] 4. Market Performance Overview - The computer industry saw a weekly decline of 3.02%, ranking 31st among major sectors [46] - The overall market performance indicates a challenging environment for the computer sector, with a slight year-to-date decline of 0.11% [50]