CITIC Securities: The humanoid robot industry is expected to experience explosive growth next year.

CICC Securities pointed out that in the second half of this year, general humanoid robots in the logistics scenario will gradually transition from demo scenes to customer trial use. After customer verification, explosive growth is expected next year. Overseas, due to higher labor costs, it will be the preferred choice for the landing of logistics scenarios. It is recommended to pay attention to the overall solution providers who are expected to obtain premium through secondary development capabilities, and the core suppliers corresponding to the ontology manufacturers with leading progress in commercialization landing.