Investment Rating - The industry investment rating is maintained as "Positive" [6] Core Viewpoints - The overseas humanoid robots are expected to land soon, increasing the certainty of the sector's landscape. The introduction of Tesla's V3 robot is anticipated to solidify the technology route and supply chain by Q4, injecting certainty into the sector [9] - Tesla's V3 robot is projected to be launched in Q4, with a production target of 100,000 units per month within five years. This timeline suggests a significant advancement in humanoid robot production [9] - The focus on practical applications and high flexibility in Tesla's robot design is expected to set a benchmark for the industry, leading to a convergence in design and structure among humanoid robots [9] - As humanoid robots become standardized, the industry is likely to enter a sales growth phase, with prices expected to decrease, enhancing market accessibility. The management of the supply chain will become a critical competitive advantage for manufacturers [9] Summary by Sections Investment Suggestions and Targets - The report suggests focusing on component manufacturers with strong manufacturing and management capabilities, recommending the following companies: - Top Group (601689, Buy) - Sanhua Intelligent Control (002050, Buy) - Wuzhou New Spring (603667, Buy) - Hengli Hydraulic (601100, Not Rated) - Zhenyu Technology (300953, Buy) [4]