Broker Morning Meeting Highlights | It is expected that the future market size of humanoid Siasun Robot & Automation will far exceed that of the automotive and 3C industries.

Last Friday, the market experienced a volatile adjustment, with the ChiNext Index leading the decline. The total turnover of the Shanghai and Shenzhen stock markets on that day was 1.82 trillion yuan, a decrease of 88.2 billion yuan from the previous trading day. In terms of sectors, non-ferrous metals, military equipment, steel, and liquor sectors were among the top gainers, while solid-state batteries, real estate, other power equipment, and film and television sectors were among the top losers. By the closing of last Friday, the Shanghai Composite Index fell by 0.25%, the Shenzhen Component Index fell by 0.5%, and the ChiNext Index fell by 1.31%. During today's morning meeting of securities firms, China Securities Co., Ltd. pointed out that the future market size of humanoid robots and automation by Siasun is expected to far exceed the automobile and 3C industries; Huatai believes that there is still room for improvement in the trading activity of the technology innovation board sector; CICC stated that the AI landscape on the edge is changing, and domestic SoCs are entering a golden period. China Securities Co., Ltd.: The future market size of humanoid robots and automation by Siasun is expected to far exceed the automobile and 3C industries China Securities Co., Ltd. pointed out that the commercialization of humanoid robots and automation by Siasun is accelerating with the iteration of AI models. From Tesla's announcement of the launch of the humanoid robot and automation "Optimus Prime" in 2021 to the upcoming launch of the third generation humanoid robot and automation by Tesla, Figure's new model carrying the Helix model, and 1X's release of NEO GAMMA optimized with artificial intelligence algorithms, the models are being iterated and training algorithms optimized, accelerating the commercialization of humanoid robots and automation by Siasun. Currently, many humanoid robot and automation products have been deployed to downstream industrial customers for training, and it is expected that the future market size of humanoid robots and automation by Siasun will far exceed the automobile and 3C industries. Huatai: There is still room for improvement in the trading activity of the technology innovation board sector Huatai stated that there is still room for improvement in the trading activity of the technology innovation board sector. Although the trading volume of the technology innovation 50 is relatively high, the market value share of the technology innovation 50 has also shown a significant increase in the past six months, so its trading volume share is not extreme relative to the market value share. The trading activity of some industries in the technology sector is high, but there are no obvious signs of overall overheating. In terms of industry momentum cross-section analysis, the industries with higher comprehensive momentum rankings at present are automobiles, computers, electronics, machinery, banks, and communications. The timing trend strength rankings are automobiles, electronics, banks, communications, computers, and machinery. CICC: The AI landscape on the edge is changing, and domestic SoCs are entering a golden period CICC believes that with the emergence of DeepSeek, a new cycle of edge AI is being activated, which is expected to rapidly promote the popularization of AI applications. Its large-scale open-source model and low-cost characteristics reduce the entrepreneurial threshold for AI hardware, and optimized distillation technology enables more models to be deployed on the edge, improving inference performance within the existing computational power, reducing enterprise costs, and enhancing user experience. In the rolling wave of AI, AI SoC chips are expected to benefit fully from the explosive growth of edge AI hardware brought about by algorithm equalization, the increase in edge computing power demand driving SoC ASP growth, and the growth path of leading domestic SoC companies achieving model breakthroughs, strengthening end-user decision-making power, and breaking through the chip landscape. This article is excerpted from "Cailianshe". GMTEight Editor: Liu Jiayin.