國金證券:持續看好特斯拉、華爲等人形機器人供應鏈
國金證券研報表示,量是人形機器人賽道的核心矛盾,中國供應鏈+海外發達國家需求(高人力成本替代)/國內特種需求是兌現最快的方向。25年是人形機器人商業化元年,27年是人形機器人一般場景大規模商業化元年。持續看好特斯拉、華爲等人形機器人供應鏈,產業鏈看,我們以高asp+高壁壘爲核心選股要素,持續看好靈巧手、關節、絲槓、絲槓設備、減速器等環節。
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