CITIC SEC stated that on March 16, Peking time, Figure introduced its latest headquarters production base BotQ, with the initial production line capable of an annual output of 12,000 units, establishing its commercial first year. The Figure 03 design is ready, and the manufacturing process employs injection molding, die-casting, and stamping techniques, significantly shortening the manufacturing cycle. This model is designed for low-cost and large-scale production, possibly paving the way for future mass production models. By 2025, Figure AI is expected to enter a rapid application growth phase, which is anticipated to greatly drive procurement for injection molding, die-casting, and stamping equipment. We recommend focusing on leading domestic manufacturers of molding equipment and precision stamping equipment.