CITIC Securities: Suggest focusing on investment targets related to AI empowering intelligent development.

The CITIC Securities research report states that humanoid robots are an important carrier for the practical application of AI. Robot manufacturers are continuously exploring multiple dimensions such as physical large models, software and hardware architecture, data collection, scene implementation, etc., actively promoting the commercialization of humanoid robots. This is reflected in the continuous improvement of humanoid robot learning ability, increased feasibility of B-end scene applications, etc. It is recommended to actively pay attention to the progress of the industry chain. This week, the market's attention to robot application scenarios has increased. The demand for robots in specific scenarios such as logistics and medical care is clear. It is recommended to pay attention to related application targets that empower intelligence with AI. In addition, we should not stick to the "humanoid" aspect and deeply explore investment opportunities in "AI + robotics," such as sensors, dexterous hands, robotic dogs, and exoskeleton robots. These directions do not necessarily require human form as a prerequisite for scaling, and they can provide continuous data verification.