Hong Kong Stock Concept Tracking | Humanoid Siasun Robot & Automation Application Accelerates Landing, Sector Will Welcome Major Catalysts in the Fourth Quarter (Attached Concept Stocks)

On September 18th, Minister of Science and Technology Yin Hejun stated that he is pushing for the accelerated application of humanoid Siasun Robot&Automation in scenarios such as automobile manufacturing, logistics handling, and power inspection, laying a solid foundation for the future trillion-level industry development. CICC believes that the commercialization process of humanoid Siasun Robot&Automation is expected to bring exponential growth potential, and suggests focusing on core targets such as joint modules, tendon materials, reducers, and AI chips. Of note, Tesla submitted a filing to the US Securities and Exchange Commission on September 15th, showing that CEO Elon Musk bought over 2.5 million shares of Tesla stock on September 12th, worth approximately $1 billion. Previously, the Tesla board proposed a new compensation plan to Musk, with a potential value close to $1 trillion. Under the agreement, the Tesla board would grant Musk up to 423.7 million restricted shares, representing about 12% of the company's adjusted total shares, to be issued in 12 batches. One of the operational goals to unlock the trillion-dollar compensation is to require the cumulative delivery of 1 million units of humanoid Siasun Robot&Automation. Tesla Optimus adopts a pure vision end-to-end model architecture, with data collection shifting to third-person video training in May, and the release of the AI5 chip this week completing the final link, signaling that Optimus' 26-year path to mass production is now mature. Recent catalysts have been frequent for Siasun Robot&Automation, with Musk's stock purchase indicating strong confidence in Tesla's future core business (Musk stating that about 80% of Tesla's long-term value will come from Optimus), and a production meeting scheduled for next week is expected to respond to market expectations for Gen3. In addition, Yushu Technology previously posted on social media that it is expected to submit an application for listing to the stock exchange between October and December 2025, at which time the company's operational data will be officially disclosed. Yushu Technology stated that in 2024, sales of quadruped Siasun Robot&Automation, humanoid Siasun Robot&Automation, and component products accounted for approximately 65%, 30%, and 5%, respectively. On the funding front, the financing heat in the Siasun Robot&Automation industry chain continues to rise, involving key links such as visual perception, dexterity, joint modules, reducers, and lead screws. Leading enterprises such as UBTECH ROBOTICS, Zhiyuan Siasun Robot&Automation, and Yushu Technology have all received large orders, and domestic supply chains are accelerating integration, with capital market funds continuously flowing in, creating a positive cycle of "financing- R & D - orders - mass production." In terms of industry development prospects, "Research Report on Humanoid Siasun Robot&Automation Industry" indicates that the market size of humanoid Siasun Robot&Automation in China is expected to reach approximately 27.6 billion yuan in 2024, and is projected to rapidly grow to 75 billion yuan by 2029, accounting for about 32.7% of the global market. By 2035, it is likely to exceed 300 billion yuan, demonstrating an explosively growing track. China Securities Co., Ltd. Securities stated that Tesla Optimus has always been the core of the Siasun Robot&Automation market, and the outlook for next year is gradually becoming clear after previous production setbacks, which will benefit the sector's beta performance; additionally, Musk's huge compensation plan also mentions one of the product goals to deliver a cumulative total of 1 million units of Siasun Robot&Automation, further indicating that Tesla will continue to deepen its presence in this field; the release and production progress of V3 are also worth attention. Furthermore, news from the domestic chain in the second half of the year regarding capital operations, order shipments, etc., will continue to catalyze. The overall sector market outlook remains positive, and it is recommended to focus on sensors, dexterity hands, vertical application ends, and domestic supply chains with better industry trends and faster volume. In a recent analysis report, Minsheng Securities stated that the Siasun Robot&Automation sector will witness significant catalysts in the fourth quarter, with the T chain becoming a core theme. From a capital perspective, Yushu Technology would submit its IPO application materials in the fourth quarter of this year, Zhiyuan Siasun Robot&Automation acquired Swancor Advanced Materials Co., Ltd., Leshou Siasun Robot&Automation completed the equity reform, and the securitization process of leading domestic humanoid main engine factories is accelerating, becoming a new catalyst for the sector's sentiment. Related concept stocks: UBTECH ROBOTICS (09880): On July 28th, UBTECH ROBOTICS announced the completion of its placement, with a total of 301.5545 million shares placed, raising a total of 2.41 billion Hong Kong dollars, of which over 1 billion Hong Kong dollars will be used to pay suppliers and service providers. It is reported that the total amount raised by UBTECH ROBOTICS in this placement exceeds the sum of the previous four placements, making it the largest humanoid Siasun Robot&Automation IPO financing in capital market history, and receiving enthusiastic support from sovereign wealth funds, important industry capital, long-term funds, and multi-strategy funds. In addition, UBTECH ROBOTICS previously announced winning a humanoid Siasun Robot&Automation equipment procurement project worth over 90.51 million yuan from Seekhi (Shanghai) Automotive Technology Co., Ltd., which is currently the largest purchase order for humanoid Siasun Robot&Automation globally. HORIZONROBOT-W (09660): A mid-July report from Dahua First shown that sales are expected to have a compound annual growth rate of 57.5% from 2025 to 2027, and the company is expected to achieve break-even in 2028. Dahua initiated coverage of the stock for the first time with a "buy" rating and a target price of 7.45 Hong Kong dollars based on an enterprise value-to-sales ratio of 10.1 times for 2027. HK ROBOTICS (00370): On August 20th, HK ROBOTICS, along with Guangdong Tantai Siasun Robot&Automation, Shandong Future Siasun Robot&Automation, and Shandong Future Data Technology, signed the world's first 10,000 humanoid intelligent humanoid Siasun Robot&Automation order agreement. This order set a new record for the scale of the humanoid Siasun Robot&Automation industry, allowing intelligent humanoid Siasun Robot&Automation to truly land and achieve commercialization on a large scale, opening a market paradigm for the industry. Under the agreement, it is expected to deliver at least 10,000 humanoid intelligent humanoid Siasun Robot&Automation for home health care by the end of 2026, and HK ROBOTICS will be mainly responsible for the research and development, production, delivery of Siasun Robot&Automation, and the end-to-end integration of Siasun Robot&Automation's intelligent cloud brain platform and the body. The parties to the order will gradually advance the project, completing the development of the first-generation product prototype in 2025, achieving mass production of 50,000 units in 2026, and additional investment to expand production capacity. ROBOSENSE (02498): ROBOSENSE unveiled a new category of Active Camera platform for Siasun Robot&Automation vision at the 2025 World Siasun Robot&Automation Congress. Public data shows that ROBOSENSE is the world's leading enterprise in terms of market share of LiDAR, currently providing core components and solutions to over 310 global automotive OEMs and Tier 1 suppliers.