On the morning of November 26, the three major A-share indices collectively rose, with the Shanghai Composite Index up 0.05% intraday. Sectors such as communications, pharmaceuticals and biotechnology, and comprehensive led the gains, while national defense and military industry, and banking led the declines. The machine tool sector was active. As of 10:25, the Machine Tool ETF (159663.SZ) rose 0.58%. Among its constituent stocks, Huarui Precision rose 4.16%, Weichuang Electric rose 3.09%, Huagong Tech rose 2.91%, Huachen Equipment rose 1.68%, and Han's Laser rose 1.24%.

Harmonic Drive is actively advancing its robot layout. According to the company's latest financial report, its robot layout primarily focuses on achieving flexible movement, dexterous fingers, and lower limbs through multi-degree-of-freedom skeletal design. Industrially, it has responded to inquiries from about 15 clients regarding robots, collaborated with multiple companies on robot hand development, and established a local procurement and assembly system in China.

Huaxi Securities stated that with accelerated deployments by domestic and overseas companies and breakthroughs in AI technology, humanoid robots are expected to reach a mass production and implementation point. Driven by cost reduction needs, there is strong demand for domestic substitution of core components for humanoid robots, with broad market space. Domestic companies that achieve breakthroughs first are expected to benefit deeply. Dexterous hands, brains, and lightweight design are key links for the commercial implementation of humanoid robots. They particularly favor domestic manufacturers leading in technological iteration and industrial evolution.

The Machine Tool ETF (159663) closely tracks the CSI Machine Tool Index, which covers a critical link in China's manufacturing industry chain—the high-end equipment manufacturing field. It involves industries such as laser equipment, machine tools, robots, and industrial control equipment, serving as a core front for implementing the concept of new quality productive forces emphasizing innovation-driven development and industrial upgrading. Its off-site feeder funds are: Class A: 017573; Class C: 017574.