CITIC Securities Research Reports indicate that in terms of humanoid robots, the trend towards intelligence is unstoppable, and factory scenarios are expected to be implemented first. On December 10, the official account of Tesla robots released a video showcasing the latest progress of its humanoid robot Optimus walking on complex terrain. The Tesla robot team selected three locations covered with weeds and fallen leaves, with the ground slope reaching about 30 degrees at its highest. From the video, Optimus is capable of going uphill as well as downhill; although it appears somewhat clumsy compared to an ordinary person, its walking speed is similar to that of a regular person, and it did not fall at any point during the demonstration. It is believed that under the global robot wave, the industrialization of humanoid robots is expected to accelerate. Recommended are Shenzhen Inovance Technology, Ningbo Xusheng Group (covered by CITIC Securities' electric and automotive team), and attention is suggested for Shanghai Moons'Electric, Zhejiang Sanhua Intelligent Controls, Leader Harmonious Drive Systems, Keli Sensing Technology, DongHua Testing Technology, Dingzhi Technology, Jiangsu Hengli Hydraulic, Zhejiang XCC Group, and Zhejiang Changsheng Sliding Bearings.