汽车行业周报：小米SU7正式发布，人形机器人行业催化不断

Investment Rating - The report maintains a "Buy" rating for the automotive industry, with specific recommendations for companies such as Wuxi Zhenhua and Mould Technology [7][36]. Core Insights - Xiaomi's SU7 has been officially launched, achieving over 88,898 pre-orders within 24 hours, indicating strong market demand and competitive pricing compared to rivals like Tesla's Model 3 [4][5]. - The humanoid robot industry is experiencing continuous catalysts, with the launch of the "Navigator 1" by the Zhejiang Humanoid Robot Innovation Center, aiming for small-scale industrialization by 2026 [6][7]. - The automotive sector is expected to benefit from Xiaomi's strong sales and the related supply chain, while the humanoid robot sector is projected to see growth as T Company's production progresses [7][36]. Summary by Sections Market Performance and Valuation Levels - The automotive index fell by 2.1%, ranking 22nd among 30 industries, while the overall market (CSI 300) dropped by 0.2% [15][22]. - The automotive industry's PE (TTM) is at 30.1, and the PB is at 2.3, indicating a valuation within the historical range [22]. Industry Data Tracking and Commentary - In March, the average daily wholesale of passenger vehicles reached 63,000 units, a 19% year-on-year increase, with total wholesale for the month at 1.207 million units, up 17% year-on-year [30][32]. - The retail market for passenger vehicles in March saw a daily average of 47,000 units, reflecting an 11% year-on-year increase [32][33]. Industry Ratings and Investment Strategies - The report suggests focusing on companies with strong production capabilities and high certainty in performance, particularly in the humanoid robot components sector [7][36]. - Recommendations include companies involved in lightweight components, interior and exterior parts, and smart automotive technologies [36][35]. Company Announcements, Industry News, and New Vehicle Launches - Geely is set to launch a new hybrid system with a range exceeding 2000 km, showcasing advancements in hybrid technology [40]. - BYD has reached a milestone of producing its 7 millionth new energy vehicle, highlighting its rapid growth in the electric vehicle market [42].