On the eve of the explosion of humanoid robots, why can these 32 concept stocks reap the first wave of dividends?

Positive news about humanoid robots keeps emerging.

On November 5th, the 2025 XPeng Technology Day was held in Guangzhou, where a new generation of humanoid robot IRON was grandly launched. During the on - site demonstration, the robot walked the catwalk as gently as a human and had a "brain" that could think like a human. Currently, XPeng Motors has established its first embodied intelligence data factory in Guangzhou. By the end of 2026, XPeng aims to achieve large - scale mass production of high - level humanoid robots.

From November 5th to 10th, the Tesla Cybercab made its debut at the China International Import Expo, which was also its first appearance in the Asia - Pacific region.

Two Tesla humanoid robots were also exhibited alongside the Cybercab. As previously disclosed, the Optimus V3 will be launched and start mass - manufacturing in Q1 2026. The goal is to produce one million units annually by the end of 2026, and the long - term plan is to reach over 100 million units.

On the same day, at the sub - forum "Cooperation on the Innovative Development of Humanoid Robots" of the 8th Hongqiao International Economic Forum, Yao Jia, the deputy director of the Science and Technology Department of the Ministry of Industry and Information Technology, stated that humanoid robots are expected to become the next - generation super terminals after smartphones and new - energy vehicles, reshaping the global industrial development pattern. Next, efforts will be accelerated to layout major national science and technology projects, support domestic and foreign enterprises to carry out joint research, and promote the technological iteration and product upgrading of humanoid robots.

Industry insiders predict that in 2026, a single enterprise in the industrial field will purchase and receive over 10,000 humanoid robots. This quantity level will mark the first development inflection point for the humanoid robot industry, similar to the large - scale start - up stage of new - energy vehicles around 2018, indicating that the technology will enter a new cycle of large - scale mass application.

Technology "Shared with Vehicles" Draws Attention

Kaiyuan Securities believes that the time for mass production of humanoid robots has arrived. In 2026, with the production lines of Tesla, Unitree, and Zhipu coming into operation, the industry will enter the stage of large - scale manufacturing at the 10,000 - unit level for the first time. In the next 5 - 10 years, humanoid robots are expected to reshape the manufacturing, service industries, and even family life, becoming the next - generation general platform after smartphones and new - energy vehicles. The relevant sectors will replicate the initial volume - increasing market trend of batteries and new - energy vehicles from 2015 - 2017 and enter a "fruitful" harvest period.

In terms of the supply chain, the hardware of humanoid robots has a high degree of correlation and reusability with the industrial control and automotive industrial chains. Through the high - standard and large - scale advantages of the automotive industry, the cost rules of the robot industry will be rewritten.

On the one hand, it has the large - scale manufacturing and supply - chain management capabilities of the automotive industry; on the other hand, it has strict requirements for the quality standards of components (factory inspections). Cost reduction is achieved through the reuse of molds, components, and manufacturing processes. Compared with the supply - chain model of industrial robots, the professional division of labor in the automotive model increases the product iteration speed, and R & D costs can be shared by multiple parties.

It is understood that the Tesla Bot shares the same origin as vehicles, sharing cameras, three - electric technologies, and end - to - end neural network technologies. At the same time, the ultra - large - scale visual data accumulated by vehicles also provides a continuous source of materials for robot training.

Currently, Tesla is installing a production line for humanoid robots, which is expected to start production by the end of 2026 and achieve an annual production capacity of one million units by 2030. The third - generation humanoid robot will be launched in the first quarter of 2026.

In the view of industry insiders, Tesla's vehicle and robot businesses essentially use the same set of AI underlying capabilities for horizontal expansion. When the end - to - end neural network drives both wheels and joints simultaneously, the decline curve of mass - production costs will be steeper than that of pure - electric vehicles. In addition, vehicle - grade components have been verified by millions of vehicles, and their reliability is an order of magnitude higher than that of industrial - grade components, which is a decisive advantage for mass production.

List of 32 High - Performance Stocks Exposed

In fact, many automotive supply - chain enterprises have already reaped the benefits of the robot boom.

According to Flush data, currently, there are a total of 366 listed companies in the A - share humanoid robot concept sector. From the perspective of industry distribution, according to the Shenwan primary industry classification, there are 62 in the automotive industry, accounting for 16.9%.

According to statistics from Lanfu Finance, in the first three quarters of this year, 32 listed companies achieved year - on - year growth in both operating income and net profit attributable to the parent company, and their stock prices rose as of the close on October 31st.

Among them, Zhejiang Rongtai (603119.SH), Taotao Vehicle (301345.SZ), Meili Technology (300611.SZ), Zhaofeng Co., Ltd. (300695.SZ), Longsheng Technology (300680.SZ), Fuda Co., Ltd. (603166.SH), Wanxiang Qianchao (000559.SZ), Yinlun Co., Ltd. (002126.SZ), Joyson Electronics (600699.SH), Xinzhi Group (002664.SZ), and Leidike (300652.SZ) all had increases of over 100%.

The humanoid robot sector of Yinlun Co., Ltd.'s fourth - growth curve is currently in the stage of technology and product incubation and development. According to the plan, the company's fourth - growth curve is laid out around a 1 + 4+N product system. Here, 1 refers to one major system, aiming to establish an overall understanding of the embodied intelligence system; 4 refers to four major modules, including the thermal management module, rotary joint module, actuator module, and dexterous hand module; N refers to the key components around the four major modules. Institutions predict that the company is expected to replicate the development path of new - energy thermal management in the robot field, and will further develop products such as joint modules in the future to increase the supporting value in the robot field.

Joyson Electronics has comprehensively deployed in the humanoid robot track and officially established a wholly - owned subsidiary, Ningbo Joyson Embodied Intelligence Robot Co., Ltd., in April this year. The company not only continuously invests in the R & D of key component assemblies but also actively cooperates with upstream and downstream enterprises in the industrial chain, aiming to build a complete industrial ecosystem. In the R & D of robot head components, Joyson Electronics relies on its advanced technology and rich experience to create a highly intelligent and flexible robot head to achieve accurate environmental perception and rapid response capabilities.

This article is from the WeChat public account "Lanfu Finance Network", author: Lanfu Finance Network, published by 36Kr with authorization.