Investment Rating - The industry investment rating is maintained as "Positive" [5] Core Viewpoints - Tesla's announcement regarding the progress of the third-generation robot enhances the certainty of industry development expectations and the anticipation of new technology implementation [2][8] - The market's concerns about delays in Tesla's robot development are expected to dissipate, leading to stronger confidence in the industry's growth prospects [3][8] - The third-generation humanoid robot prototype is expected to be completed within three months, with production planned to start in early 2026, targeting a monthly output of 100,000 units within five years [8] Summary by Relevant Sections Investment Suggestions and Targets - Focus on leading companies within Tesla's robot supply chain, including Top Group (601689, Buy), Sanhua Intelligent Control (002050, Buy), Zhenyu Technology (300953, Buy), Tonglian Precision (688210, Not Rated), and Hengli Hydraulic (601100, Not Rated) [3] Industry Developments - The positive signals for mass production of domestic humanoid robots are expected to strengthen the outlook for the industry [7] - The anticipated advancements in Tesla's third-generation robot are expected to lead to improvements in motion coordination and the ability to perform complex tasks, which will positively impact companies aligned with these new technological changes [8]