招商证券指出，清晰的行业标准将是人形机器规模化量产及应用的前提，在此标准下有望筛选出一批行 业内更有竞争力的平台化公司。2026年机器人板块策略核心是"缩圈与分化"，产业竞争优势会出现分 化，实力强的平台化公司竞争力会愈发凸显。建议关注核心产业链、核心技术环节，以及核心应用场 景。 信达证券也认为，AI相关基建需求景气度持续。英伟达计划于明年2月中旬向中国客户交付H200芯片， 计划动用库存履行首批订单，预计发货总量为5000至10000套芯片模组，相当于约4万至8万颗H200芯 片。同时，OpenAI近期推进融资计划，融资规模可能达到数百亿美元，甚至最高可达1000亿美元。AI 领域投资景气，建议关注密集催化的人形机器人产业链。（王宇露） 中证网讯 Wind数据显示，12月30日，A股机器人板块延续强势表现，截至收盘，万得人形机器人概念 指数上涨3.06%，成分股步科股份、昊志机电、伟创电气的单日涨幅均超过10%。资金面上，中证机器 人指数近1个月成交额5214.74亿元，近1年涨幅达到27.05%。 板块行情同步助推了产品表现。截至12月29日，机器人ETF嘉实（159526）交投表现持续活跃， 2025 ...

12月29日消息，截至13:50，深证成指小幅回调0.20%，机器人指数上涨1.10%，个股方面，云天励飞-U 涨超5%，绿的谐波涨超3%，拓普集团涨超1%，汇川技术、科大讯飞等跟涨。 热门ETF方面，机器人ETF嘉实（159526）涨1.18%，盘中成交额达3075万元，换手率达3.45%。数据显 示，该基金近6月涨15.34%，今年来涨22.01%。 消息面上，据"工信微报"，12月26日，工业和信息化部人形机器人与具身智能标准化技术委员会成立会 议在京召开。成立人形机器人与具身智能标准化技术委员会是贯彻落实党中央、国务院决策部署，发挥 标准引领作用，加强高质量标准供给，推动人形机器人与具身智能技术熟化和应用落地的重要举措。 华金证券研报称，随着人形机器人新品发布数量大幅增加，订单量不断增长，人形机器人商业化将加速 发展。由于人形机器人许多零部件与汽车行业技术同源，建议关注同时拥有大脑以及硬件迭代能力的主 机厂；具备人形机器人零部件产业化能力的公司；动力及能源部分建议关注零部件供应商。 机器人ETF嘉实（159526）跟踪中证机器人指数，前十大权重股分别为汇川技术、科大讯飞、石头科 技、大华股份、中控技术 ...

导语：随着"十五五"规划建议出炉，"新兴产业和未来产业"再度成为焦点热词。持续被纳入国家重磅规划中，这些产业方向为何重要？又蕴含哪些机遇？本 期《新质产业·超级机遇》系列专栏走进新兴产业。 与国家战略同频，才更能看清核心趋势所向。 自十五年前《关于加快培育和发展战略性新兴产业的决定》出台，战略性新兴产业连续被纳入国家"十二五"、"十三五"和"十四五"规划。在十五五规划建议 中，继续明确要"培育壮大新兴产业和未来产业"。 此次规划重点提及四大新兴产业——新能源、新材料、航空航天、低空经济，以及六大未来产业——量子科技、生物制造、氢能与核聚变、脑机接口、具身 智能、第六代移动通信。 嘉实基金洞察，先进制造业的核心命题聚焦于"发展、安全与低碳"三大关键。投资新兴产业的核心，在于深刻理解其从技术萌芽、产业培育到商业绽放的全 周期，并前瞻性地布局那些能够定义未来、构建竞争壁垒的先锋企业；更需要汇聚耐心资本陪伴其成长升级为"新兴支柱产业"。 新能源与新材料 基石动能全链出击 战略性新兴产业，是以重大技术突破和重大发展需求为基础，对经济社会全局和长远发展具有重大引领带动作用，知识技术密集、物质资源消耗少、成长潜 力大、综合 ...

Core Insights - The Chinese government has approved the "Artificial Intelligence +" action plan, marking a significant acceleration in the national strategy for AI development [1] - The upcoming World Robot Conference in Beijing will showcase the latest advancements in AI-enabled robotics, highlighting the growing importance of digital AI in various industries [1][2] - Digital AI is seen as a core driver of the Fourth Industrial Revolution and a strategic choice for China to respond to global technological competition [1][2] Industry Trends - By mid-2025, domestic AI products are expected to achieve breakthroughs in billion-level parameter scales and multi-modal capabilities, integrating deeply with various sectors such as education, industrial design, and content creation [2] - The trend of "comprehensive AI integration" has been added to the previous trends of internetization, electronicization, informatization, cloud computing, and 5G [3] Company Strategy - The company has been focusing on AI's potential since 2016, establishing a dedicated research framework and high-frequency database to track industry developments and identify key opportunities and risks [3] - The investment philosophy emphasizes three fundamental demands (information, energy, life) and five major directions (digitalization, semiconductors, new energy, internet platforms, innovative pharmaceuticals) [3] Product Development - The company has developed a comprehensive product matrix covering the AI industry chain, including ETFs focused on semiconductor, software, and robotics sectors [6][7][8] - Recent launches include ETFs targeting AI applications in software, information security, and robotics, reflecting a strategic approach to capitalize on emerging trends [8][9] Market Positioning - The company aims to provide diversified investment tools for investors, including broad-based and high-elasticity products to cater to varying investment needs [10][11] - A forthcoming guide titled "Artificial Intelligence + ETF Investment Strategy" will offer insights into the AI industry and investment logic, enhancing investor experience and efficiency [11][12]

Core Insights - The ETF market in China has surpassed 4 trillion yuan in total scale for the first time, achieving a 15% quarter-on-quarter growth, indicating a thriving industry [2] - Leading companies in the ETF space, particularly Jiashi Fund, have demonstrated strong management capabilities and significant market share, with Jiashi Fund holding 260 billion yuan in ETF scale [2][3] - The competitive advantage of top companies lies in their proactive product development and industry foresight, as evidenced by Jiashi Fund's early launches of innovative ETFs [3][4] Market Dynamics - The top 12 fund companies account for over 80% of the market share, with the top five companies holding nearly 60% [2] - Jiashi Fund has launched 25 innovative products in the past five years, with five new ETFs introduced in the first half of this year alone [3] - Jiashi Fund's ETFs, such as the Sci-Tech Chip ETF and Rare Earth ETF, have capitalized on emerging industry trends, showcasing their ability to predict market movements [3][4] Performance Metrics - As of July 10, Jiashi's Sci-Tech Chip ETF has seen a growth of over 58%, while the Software ETF and Rare Earth ETF have increased by over 55% and nearly 40%, respectively [4] - These ETFs have experienced net subscriptions in the past six months, reflecting strong investor interest and confidence in their performance [4] Service Evolution - The service capabilities of fund companies are becoming a new competitive dimension, with Jiashi Fund launching the "Super Jiabei" index investment service mini-program to enhance investor experience [6] - Jiashi Fund has developed an ETF ecosystem that emphasizes not only investment but also strategic guidance and market response, improving overall investor experience [7] - The introduction of tools and manuals, such as the "Artificial Intelligence + ETF Investment Guide," aims to assist investors in understanding industry trends and making informed decisions [7]