A-shares are currently fluctuating around 4,000 points. Whether you are an experienced investor or a novice who has just entered the market, you can clearly feel that the current market is completely different from a few years ago.
In the early years, the market generally rose, and most stocks followed the index, and you could basically make money by holding on to them.
But now there is no general rise in the market, it is all structural opportunities. The index is neither up nor down, and the sector rotation is very fast. Some tracks are adjusted and rested, and some subdivided sectors are temporarily rising. This has also caused retail investors to be very passive. They are afraid of being trapped when chasing highs, and fear of continuing to fall when buying low. They hold shares without moving and trade sideways for a long time. Frequent stock exchanges are prone to repeated losses.
Currently, the Shanghai Composite Index has repeatedly fluctuated in the 4,000-point range, and the long and short forces are relatively balanced.
The overall valuation of the market is not high and is at a low level in the past ten years. The overall bubble is not big. The overall market risk is controllable and there is no room for a sharp decline.
However, there is a large backlog of hold-up orders above, and the market lacks sustained incremental funds, so it is difficult to get out of the bull market with a unilateral surge.
For a long time to come, sector differentiation and strength and weakness rotation will still be the main characteristics of the market.
In addition, the capital style of the market has completely changed.
In the early years, short-term hot money dominated the market and liked to speculate on news, concepts, and popularity.
Nowadays, the proportion of medium and long-term funds such as social security, insurance, and public offerings is increasing. Fund stock selection is more rational, and more emphasis is placed on real business, continued orders, and stable performance.
Markets based on pure speculation and no real business are becoming increasingly difficult to sustain.
To put it simply, A-shares have entered a stage that emphasizes track, logic, and performance. It is difficult to make long-term stable profits by blindly following the trend and investing in stocks based on feelings.
The robotics track has been a growth direction with clear industry implementation and continuous release of orders in the past two years. It is also one of the sectors that funds have long been paying attention to.
The market has fluctuated repeatedly recently, but the overall trend of the robot sector is relatively stable, and it often shows a trend of resisting decline and steadily repairing.
The reason why it continues to attract financial attention is not due to hype, but due to real changes in the industry.
On the one hand, the industry is slowly moving from the conceptual stage to actual implementation.
In the past many years, humanoid robots and industrial robots have mostly stayed in the sample display and experimental research and development stages, with no mass production, no stable orders, and no actual revenue.
Starting from this year, industry standards will be gradually unified, parts and components specifications will be more standardized, production costs will gradually decrease, corporate mass production capabilities will continue to improve, and the entire industry will officially enter the commercialization cycle.
On the other hand, upstream and downstream orders continued to be released, and corporate performance gradually improved.
Many head robot companies have relatively full order schedules, with many orders extending into next year.
Whether it is industrial robots used in factories or supporting parts for humanoid robots, market demand is steadily increasing.
Industrial chain companies have gradually shifted from continuous losses and money-burning R&D in the past to a new stage of revenue, profit, and increment. The overall transformation has shifted from subject matter hype to a performance-driven growth track.
The entire robot industry chain can be simply divided into three parts: upstream core components, including reducers, servo motors, sensors, and precision transmission accessories, which have the highest technical threshold and are the most profitable link in the entire industry chain; midstream robot assembly and equipment manufacturing, which have the largest number of companies, the most competitive competition, and the most obvious differentiation of individual stocks; downstream application scenarios, mainly factory automation transformation, logistics intelligent equipment, commercial service robots, etc.
Next, we will objectively sort out the ten companies with current order reserves and relatively high industry positions.
The first place is Eston, a long-established domestic industrial robot company. The shipment volume of domestic multi-jointed robots has long been at the forefront.
The company has a high proportion of self-developed core components and a good degree of autonomy and control. It has long-term service to large enterprises in the fields of new energy and intelligent manufacturing. It has stable domestic and foreign automation transformation orders and a solid business foundation. It is a core enterprise in the field of industrial robots.
The second place is Tuopu Group, which focuses on humanoid robot actuators and joint power components. It has long-term support for new energy and intelligent equipment companies and has entered the mainstream robot supply chain system. The robot business is a new growth segment of the company, and orders have been steadily landed, gradually contributing to the company’s new business growth.
The third place is Sanhua Intelligent Control, which specializes in robot joint components and heat dissipation supporting components. It is good at equipment temperature control and precision structural parts, adapting to the long-term stable operation requirements of robots. It cooperates with complete machine companies including domestic and foreign mainstream manufacturers, with stable customer resources and strong business continuity.
The fourth place is Double Ring Transmission, the core enterprise of domestic RV reducers. RV reducers are key components of humanoid robot joints and have high technical barriers. The company has long been engaged in precision transmission equipment. The products have been verified for a long time, and the batch supply is stable. It is suitable for many humanoid robot projects.
Fifth place is Inovance Technology, a leader in the industrial control and servo system industries. It mainly provides robot control systems and servo motors, which are equivalent to the core control systems of robots. It has been deeply involved in industrial automation for many years, and its technology is mature. It has sufficient orders in the fields of industrial robots and intelligent production lines.
The sixth place is Green Harmonic, a representative enterprise of harmonic reducers in China. Harmonic reducers are mostly used in lightweight joints of robot arms and wrists. They are components that are used in large quantities in humanoid robots. The company has been deeply involved in the field for many years and has a high product penetration rate. It has been supporting various robot manufacturers for a long time.
The seventh place is Lesai Intelligence, which specializes in servo motors and integrated joint modules. It focuses on small and medium-sized precision transmission components and is suitable for multi-legged robots and light humanoid robot equipment. It has stable production capacity utilization and a smooth order landing rhythm.
The eighth place is Topstar, an industrial automation integration service provider. It has long been engaged in the construction of intelligent production lines in the 3C and new energy industries. It has a solid foundation in industrial robot integration business. It also deploys R&D and manufacturing of complete robot machines, and its overall business structure is stable.
The ninth place is Zhongli De, a comprehensive transmission accessories supplier. Its products cover various types of reducers, transmission components, and motor accessories. It can provide one-stop supporting services for complete machine manufacturers. Its supporting business for industrial robots and intelligent equipment is stable.
The tenth place is Wuzhou Xinchun, which specializes in precision screws and precision bearing accessories. It is a key parts supplier for humanoid robot telescopic and load-bearing structures. Its products have been verified by leading companies and it is a specialized company in subdivided fields. The subsequent incremental space will be steadily released in line with the pace of industry implementation.
What needs to be explained objectively again is that the prosperity of the track does not mean that all stocks will rise simultaneously, and the internal differentiation of the sector is very obvious.
Companies with real orders, stable production capacity, and sustained revenue will have a more stable trend; targets that are pure concepts, have no real business, and have no actual orders are mostly just short-term fluctuations.
At present, in addition to robots, the market also has multiple sectors such as computing power, optical communications, resources, and consumption. The rapid switching of hot spots and weak sustainability are also the main reasons why retail investors easily lose money.
Frequently chasing new hot spots and frequently exchanging shares can easily lead to shortfalls on both sides and repeated losses.
After many years of trading in the stock market, most of the losses suffered by retail investors are not because they cannot understand the market, but because they repeat the same wrong operations for a long time.
For example, they habitually chase the rise and kill the fall, impulsively enter the market when they see a short-term surge, panic and cut when they see a slight correction; trade too frequently, lack the patience to hold shares, and want to change stocks if they don’t rise for two or three days; they are used to operating with a full position, regardless of whether the market is good or bad, and like to fill a full position in a single sector or a single stock at one time; credulously believe in gossip
Information, recommended stocks in the group, online rumors, and so-called inside information are mostly not informative; blindly carry on the subject after being trapped, many people follow the trend at a high position, and continue to hold on to it for a long time after the subject has subsided; small profits and big losses, chaotic rhythm, anxious to stop profits when making small profits, but unwilling to stop losses when losses occur.
Friends who are new to the stock market are most likely to suffer losses due to lack of experience and unfamiliarity with the rules.
Here are 6 simple, practical principles for stock trading that can protect principal in the long term.
The first is to only use idle funds to speculate in stocks without using leverage; the second is to learn first, then practice, and try and make mistakes with small funds; the third is to strictly implement profit and loss stops; the fourth is to diversify positions and not focus on a single target; the fifth is to not blindly chase highs when good things happen; and the sixth is to stay away from pure speculation of demon stocks and small-cap stocks with no performance.
The stock market has always been about three-point technology and seven-point mentality.
Many people are not unable to understand the market, but their mentality is unstable, which leads to deformed operations.
If you want to survive in the market for a long time, you need to adjust four mentality.
The first is to give up the idea of getting rich overnight; the second is to accept the uncertainty of the market; the third is not to compare returns with others; the fourth is to learn to hold stocks patiently.
Many people misunderstand long-term investment, thinking that long-term investment means being stuck and lying flat.
Real long-term investment has complete logic.
To make money for corporate growth in the long term, positions need to be dynamically tracked, laid out in batches, not heavy on high positions, distinguish between growth tracks and cyclical tracks, and know how to hold positions and short positions.
Currently, the A-share market as a whole is in a stage of shock and differentiation. There is no risk of a systematic plunge, nor is there a bull market that will lead to an overall surge.
The robot track, relying on policy support, industry implementation, and order release, is currently one of the more stable growth directions.
However, the internal differentiation of the sector is obvious, and it is only suitable to focus on the best, not to blindly follow the trend and speculate.
If ordinary retail investors want to survive in the stock market for a long time and make stable profits, they do not rely on luck or news. They rely on understanding the market rhythm, avoiding common misunderstandings, stabilizing their trading mentality, and adhering to rational investment logic.
