Public offering research is nonstop before the Year of the Horse Spring Festival; robotics, semiconductors, and non-ferrous metals become hot spots for deployment

The Spring Festival holiday has not yet ended, and the A-share market remains closed, but public fund institutions have already begun to plan for the post-holiday market, conducting intensive research activities before the holiday. Among them, robotics concept stocks have become a focus of attention for several leading public funds, and related industry chain companies are experiencing a surge in research visits.

This year’s Spring Festival Gala robot performances have attracted widespread attention, with related topics continuing to trend upward. In fact, before the holiday, several top institutions such as E Fund, GF Fund, Huitianfu Fund, and Fortis Fund have conducted intensive research on targets related to the robotics field. Multiple concept stocks have revealed business progress during research, becoming key points of market attention.

On February 9, Doli Technology became a popular target for public fund research, with more than ten institutions including Harvest Fund, E Fund, and Baoying Fund participating in the investigation. The company plans to acquire a 70% stake in Hanmang Transmission through equity purchase and capital increase, continuing to develop its core robotics component business. However, Doli Technology pointed out during exchanges that, due to Hanmang Transmission’s current small business scale, it is not expected to have a significant impact on the company’s short-term financial situation.

Obi Zhongguang, which focuses on 3D visual perception technology research and development, also received research visits from 15 public funds from February 2 to 4. The company stated that demand from downstream industries and its own operational situation continue to improve, and the penetration rate of 3D visual perception technology in fields such as robotics and 3D scanning is rapidly increasing. Within a month before the Spring Festival, robotics industry chain companies such as Lvdian Harmonic, Boke Co., Ltd., Inovance Technology, Sanhua Intelligent Controls, and Shuanghuan Transmission were also researched by several leading public funds.

An analyst from a public fund research team commented that the impact of the Spring Festival Gala on the robotics sector is not limited to short-term sentiment catalysts. After the Gala aired, robot sales priced at tens of thousands of yuan saw significant growth, indicating that the concept is transforming into actual orders, supporting sector valuations, and the performance realization speed of the industry chain is expected to accelerate.

Beyond the robotics sector, artificial intelligence and semiconductors remain key focus areas for public fund research. On February 10, Blue Arrow Electronics stated during a research visit with E Fund and other institutions that the global and domestic semiconductor packaging and testing industry is at the bottom of its cycle, with downstream destocking nearing completion, and orders and prices marginally improving. However, industry differentiation is evident, with traditional consumer electronics packaging demand remaining weak, while demand for advanced packaging and power device packaging is strong.

During research from February 4 to 6, Biyiwei revealed that the company is responding to growing demand in emerging markets such as energy and electricity, smart home, AI, and robotics, actively expanding its new product market share. This has driven revenue growth both year-over-year and quarter-over-quarter in the fourth quarter of 2025. Some investment analysts believe that although market hotspots shift rapidly, artificial intelligence remains a long-term mainline, requiring ongoing tracking. The research before the Spring Festival also prepares for the annual report market trend.

The non-ferrous metals sector has also attracted the attention of public fund institutions. Companies such as Shenda Resources and Baowu Magnesium Industry received visits from multiple public funds before the Spring Festival, with discussions mainly focusing on their layout in non-ferrous metals and mineral resource reserves. Industry insiders point out that as market valuations adjust dynamically and industry logic evolves, structural opportunities in the A-share market are increasing, and public fund research directions are becoming more diversified. Benefiting from global demand and value revaluation, the risk-return profile of the non-ferrous metals sector remains attractive.