CITIC Securities: Strong new product cycle + Golden September and Silver October, entering the layout stage of the automobile and robotics industry.

The research report of CITIC Securities Investment states that with the changing market conditions, the second half of the year will see the implementation of national subsidies, the industry's "anti-inner loop" movement, and expectations of the reduction of new energy vehicle purchase taxes. Under these circumstances, the automotive industry is expected to usher in a strong market in September and October. As passenger car sales data improve, high-quality whole vehicles with new product cycles and outstanding performance in the automotive components sector may experience valuation adjustments. In addition, under the new catalyst, despite a strong industry trend and high liquidity attention, there is still potential for beta movements, with individual stocks showing better performance than the market average. The performance of industry chain targets further enters the stage of "separating the real from the fake." The robot industry chain remains in a state of sustained catalyst, with focus on supply chains such as NVIDIA, lightweight materials like PEEK, and new types of reducers.