Sealand Securities Research Reports state that in 2024, the domestic humanoid robot industry will begin to show the transmission effect of compounded influencing factors due to technological accumulation and policy stimulation. In 2025, manufacturers will successively enter the field of robot Ontology manufacturing, and major domestic and foreign companies will continue to layout large AI models, accelerating the construction and commercialization of the humanoid industrial chain, with upstream demand waiting to be released. Recommendations to pay attention to: 1) Screws: Zhejiang XCC Group, Wuxi Best Precision Machinery, etc.; 2) Reducers: Leader Harmonious Drive Systems, Ningbo Zhongda Leader Intelligent Transmission, etc.; 3) Sensors: Keli Sensing Technology, Amperelong, etc.; 4) Electric Machines: Kinco Automation (Shanghai) Co., Ltd, Suzhou Veichi Electric, etc.
国海证券：人形机器人商业化在即 国内外大厂持续AI布局
Sealand Securities: The commercialization of humanoid robots is imminent, with major companies at home and abroad continuously laying out AI.
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