Recently, Zhang Yinxian, a fund manager who manages Ping An's advanced manufacturing fund, shared his views on humanoid robots during a roadshow. He mentioned that the robot industry is still in the process of transitioning from 0 to 1, but the industry trends have already emerged, and this year may be the year of mass production for various companies. In the next few years or even the next decade, robots may be the biggest growth track, with a huge market space that could reach trillions. However, he believes that while the overall trend of humanoid robots is upward, there may be significant short-term fluctuations due to potential technological bottlenecks in both software and hardware. He advises investors to adopt a long-term investment strategy and to increase investment during short-term retracements. Zhang Yinxian stated that in the past three months, the robot sector has shown strong performance, mainly because the industry is gradually transitioning from the conceptual stage to the mass production stage, fulfilling the process from 0 to 1, driving the continuous rise of the robot sector. Industry giants such as Tesla and Huawei continue to lead the industry development, bringing strong technological resources and industrial experience to the field of humanoid robots. In addition, the importance of humanoid robots in domestic policies is continuously increasing. International robot centers have been established in Beijing, Shanghai, and other places, while provinces such as Guangdong, Zhejiang, and Shandong are actively promoting related industry development. With the upcoming two sessions (Chinese People's Political Consultative Conference and the National People's Congress), the field of humanoid robots may receive more policy support. He also mentioned that the robot industry is still in the process of transitioning from 0 to 1, and the recent months' uptrend is mainly transitioning from concept to mass production. In terms of investment, the industry is currently moving from investing in concepts to investing in competitiveness. The trend of the humanoid robot industry has already emerged, and this year may be the year of mass production for various companies. The industry will gradually transition from the conceptual phase to the competitive phase, but for now, everyone is working together to expand the market. In the second half of the year or next year, the competitive landscape may gradually become apparent. He pointed out that the stage of realizing robot company performance has not been seen yet; currently, the focus is on whether companies can enter the supply chain and start supporting it. Zhang Yinxian believes that robots will be the biggest growth track in the next few years, even the next 10 years. From cars to homes, and even to Mars, robots have a wide range of applications, with a huge market space that could reach trillions. From an investment perspective, he believes that both smart wearable devices and the robot industry are still in the process of transitioning from 0 to 1 in development. Once a breakthrough is made, the robot industry could become a track worth trillions. He is optimistic about the overall trend of the industry, but acknowledges that there may be significant short-term fluctuations due to potential technological bottlenecks in software and hardware. He advises investors to adopt a long-term investment strategy according to their trading habits and risk preferences. During significant short-term retracements, investors can increase their investments and find a suitable investment method for themselves.