人民财讯12月16日电，中信建投（601066）研报称，人形机器人方面，机器人供应链海外产能规划推 进，建议聚焦优质环节。T审厂稳步推进，机器人供应链海外产能建设持续，量产脚步渐行渐近，Gen3 的定点与定型仍然是当前时点的核心关注，板块有望逐步去伪存真。此外，特朗普政府聚焦机器人领域 发展，进一步提高美国机器人产业发展的战略高度，后续国内相关政策也值得期待，机器人领域中美共 振局面有望持续。前期板块回调较为充分，后续Gen3定点、新品发布、宇树IPO进展等事件催化值得重 点关注，底部建议聚焦优质环节，把握确定性和灵巧手等核心变化。 ...

Core Viewpoint - Tesla's Q3 performance report has garnered significant attention, with a slight delay in the Gen3 launch being considered normal for new products with high variability [1] Group 1: Tesla's Q3 Performance - The Q3 earnings call was more positive compared to previous ones, showcasing new developments such as the ability to operate autonomously over a larger area [1] - For the first time, the earnings report presented progress on mass production lines, enhancing long-term production expectations [1] Group 2: Industry Outlook - Domestic policies are positively supporting the development of the entire intelligent robotics industry chain, with promising performance expected from domestic supply chains [1] - The humanoid robot industry trend remains favorable, focusing on companies with certainty in the T-chain and domestic supply chains, while also paying attention to new developments in areas like dexterous hands [1]

格隆汇10月27日｜中信建投指出，特斯拉Q3业绩会引起广泛关注，尽管Gen3发布时间较此前预期略有 推迟，但对于变动较大的新品来说2个月左右的延迟属正常现象，且本次业绩会相较此前更为积极，同 时有新的变化，比如可以在更大范围内自主运行，首次在财报里呈现量产产线进展，并打开长期量产预 期。此外，国内政策积极表态利好具身智能全产业链发展，国产链表现值得期待。中信建投依然看好人 形机器人产业趋势，聚集T链和国产链确定性的企业，同时关注灵巧手等环节新变化。 ...