[CITIC Construction Investment: Humanoid robots pay attention to T-chain product release and mass production progress, and seize core supplier layout opportunities] On September 22, CITIC Construction Investment’s research report pointed out that humanoid robots pay attention to T-chain product release and mass production progress, and seize core supplier layout opportunities. T-Chain is actively promoting factory review, mass production and other work. Feedback from multiple supply chains has been positive. It is recommended to focus on the product release and mass production promotion of major customers, which is expected to bring important catalysts to the sector. Ontology manufacturers can directly access terminals and occupy a higher value position in the value chain. At present, robot companies are actively promoting the construction of multi-dimensional capabilities such as "brain", "cerebellum" and "ontology", and actively exploring applications in multiple scenarios such as industry and commerce. The scale of shipments continues to expand; as the generalization level of robots increases, it is expected that its implementation scenarios will further expand. Physical AI is the next wave of artificial intelligence. Robots are one of the best physical carriers of AI. The industry development trend is clear. The robotics sector is expected to continue to be catalyzed at home and abroad, and it is recommended to focus on high-quality links.