Group 1 - The A-share market showed mixed performance on September 3, with the Shanghai Composite Index down by 0.61%, while sectors such as comprehensive, electric equipment, and media saw gains, and defense, military, and non-bank financial sectors experienced declines [1] - The machine tool sector exhibited a mixed performance, with the Machine Tool ETF (159663.SZ) down by 1.68%. Notable gainers included Hengjin Induction up by 4.68%, Haimeixing up by 4.55%, and Qinchuan Machine Tool up by 3.87%, while Huachen Equipment and Zhejiang Haideman saw declines of 5.75% and 4.93% respectively [1] - IDC recently released a forecast predicting that the global robot market will exceed $400 billion by 2029, with China expected to account for nearly half of this market [1] Group 2 - Dongwu Securities highlighted that Nvidia is increasing its focus on humanoid robots and large models, with Tesla's Gen3 expected to be finalized between October and November, aiming for mass production in early 2026 and a target of 1 million units by 2030 [1] - The humanoid sector is anticipated to see rapid advancements in products, orders, and capital, with 2025-2026 expected to be a year of mass production both domestically and internationally, leading to a positive outlook for the humanoid sector and its core supply chain [1] - The Machine Tool ETF (159663) closely tracks the China Machine Tool Index, which encompasses critical areas of high-end equipment manufacturing, including laser equipment, machine tools, robots, and industrial control equipment, representing a core area for innovation-driven industrial upgrades [2]

Group 1: ETF Performance - The liquidity of the Robot ETF managed by Jiashi has a turnover rate of 9.41%, with a transaction volume of 53.78 million yuan [3] - As of August 22, the Robot ETF has seen a net value increase of 83.61% over the past year, ranking 341 out of 2971 index equity funds, placing it in the top 11.48% [3] - Since its inception, the Robot ETF has recorded a highest single-month return of 25.78%, with the longest consecutive monthly gains being 3 months and a maximum increase of 37.12%, averaging a monthly return of 8.93% during rising months [3] Group 2: Top Holdings - As of July 31, 2025, the top ten weighted stocks in the CSI Robot Index include Keda Xunfei, Huichuan Technology, Stone Technology, Dahua Technology, Zhongkong Technology, Dazhu Laser, Shuanghuan Transmission, Robot, Ecovacs, and Julun Intelligent, collectively accounting for 48.86% of the index [3] Group 3: Industry Catalysts - Recent developments in humanoid robots include Nvidia's upcoming release of the "Robot New Brain" product on August 25, in collaboration with Foxconn to create humanoid robots, with a planned launch in November [5] - Zhiyuan Robotics has introduced the Lingchuang platform, significantly reducing the difficulty of motion choreography, while Boston Dynamics' humanoid robots have begun to operate autonomously [5] - TianTai Robotics has signed a global order for 10,000 embodied intelligent humanoid robots, scheduled for delivery by the end of 2026, targeting home care [5] - Tesla's Gen3 is expected to be finalized between October and November, with a shareholder meeting likely to showcase it, aiming for orders in Q4 2025 and mass production in early 2026, with a target of 1 million units by 2030 [5] Group 4: Market Outlook - The institution believes that 2025-2026 will be a year of mass production for both domestic and international markets, expressing a positive outlook on the humanoid sector, particularly on the supply chain of T-chain suppliers and leading humanoid core suppliers [6]