Group 1 - The robotics sector experienced a pullback influenced by rumors, but there was a counter-trend inflow of funds, with the Penghua Robotics ETF (159278) seeing a net subscription of 47 million units today, marking six consecutive days of net subscriptions [1] - Institutions noted that the T-chain capacity is being set up in Southeast Asia, and the US-China tariffs are considered a misfire; even with a potential 100% tariff on China, the development of the robotics industry remains unaffected. The market saw a nearly 20% pullback in October due to the tariff news, presenting a golden investment opportunity [1] - There is no need to focus on rumors regarding a core enterprise's order numbers, as the trend for a significant increase in production next year has been confirmed. The T-chain is expected to ramp up production in the second half of 2026, with a capacity of 1,000 to 10,000 units per week, translating to an annual output of 50,000 units at the lower estimate [1] - In terms of domestic developments, there have been 1.7 billion yuan in domestic robot orders from June to October 2025, with expectations for commercialization next year to exceed forecasts, particularly for companies like Yushu Chain and Figure Chain [1] Group 2 - As of October 16, 2025, the National Robotics Industry Index (980022) showed mixed performance among its constituent stocks, with Keda Intelligent (300222) leading with a 1.03% increase, while Sanfeng Intelligent (300276) fell by 6.59% [2] - The Penghua Robotics ETF (159278) closely tracks the National Robotics Industry Index, which reflects the price changes of listed companies in the robotics sector on the Shanghai and Shenzhen stock exchanges [2] - As of September 30, 2025, the top ten weighted stocks in the National Robotics Industry Index included Shuanghuan Transmission (002472), Ecovacs (603486), and Stone Technology (688169), with these ten stocks accounting for 42.28% of the index [2]

截至2025年9月17日 09:43，国证机器人产业指数(980022)强势上涨2.80%，机器人ETF易方达(159530)上 涨2.58%，冲击3连涨，成交3.11亿元。 拉长时间看，截至9月16日，机器人ETF易方达(159530)近1周日均成交7.77亿元，居可比基金第一。 截至9月16日，机器人ETF易方达(159530)最新规模达102.36亿元，最新份额达61.46亿份，创成立以来新 高，位居可比基金第一。 数据显示，杠杆资金持续布局中。机器人ETF易方达(159530)连续4天获杠杆资金净买入，最新融资余额 达3.16亿元。机器人ETF易方达(159530)近1年净值上涨105.80%。 消息面上，当地时间9月16日，美国人形机器人初创Figure宣布，公司在一轮融资中获得了超过10亿美 元的承诺资本，公司估值由此达到390亿美元。据了解，Figure公司成立于2022年，凭借近年来人工智 能技术的突破，致力于研发外观和动作更接近人类的机器人，现已成为该领域最受关注的初创企业之 一。 招商证券指出，美联储降息将带来Q4流动性的边际宽松，利好机器人板块行情。美联储9月份降息概率 超过90%，美国 ...

拉长时间看，截至8月5日，机器人ETF易方达(159530)最新规模达36.80亿元，最新份额达26.20亿份，创 成立以来新高。 资金流入方面，机器人ETF易方达(159530)最新资金净流入1.94亿元，近5个交易日内有3日资金净流 入，合计"吸金"2.83亿元。 截至2025年8月6日 13:19，国证机器人产业指数(980022)强势上涨4.15%，机器人ETF易方达(159530)上 涨4.27%，冲击3连涨，盘中换手8.7%，成交3.27亿元。 机器人ETF易方达(159530)：追踪国证机器人产业指数，选取业务范畴属于机器人产业的上市公司为样 本，以反应机器人产业的市场表现。 联接A：020972 联接C：020973 以上内容与数据，与有连云立场无关，不构成投资建议。据此操作，风险自担。 消息面上，上海市人民政府办公厅印发《上海市具身智能产业发展实施方案》。其中提到，招引和培育 一批优质企业、产业生态主导型企业，对销售或租赁具身智能机器人的企业，根据合同额按规定给予最 高5%且不超过500万元的奖励。深化与央企国企战略合作，推动一批区域总部、功能总部落户，支持行 业优质企业、科技和互联网大型企 ...