2026年2月10日早盘，截至10:16，中证机器人指数上涨0.76%，成分股克来机电上涨8.29%，埃夫特上涨 7.04%，科瑞技术上涨6.63%，云天励飞上涨3.03%，禾川科技上涨2.51%。 数据显示，截至2026年1月30日，中证机器人指数前十大权重股分别为科大讯飞、汇川技术、拓普集 团、中控技术、大族激光、大华股份、石头科技、绿的谐波、双环传动、云天励飞，前十大权重股合计 占比54.66%。 机器人ETF嘉实(159526)紧密跟踪中证机器人指数，指数选取系统方案商、数字化车间与生产线系统集 成商、自动化设备制造商、自动化零部件商以及其它机器人相关标的，聚焦机器人全产业链。 消息方面，阿里云计算入股自变量机器人科技公司。企查查APP显示，近日，自变量机器人科技（济 南）有限公司发生工商变更，新增浙江阿里巴巴云计算有限公司等为股东，同时注册资本增至97.81万 元。企查查信息显示，该公司成立于2023年，法定代表人为王潜，经营范围包含：智能机器人的研发； 智能机器人销售；人工智能双创服务平台；人工智能公共数据平台等。 中信证券指出，当前，机器人产业正处于从"技术愿景"向"产业实景"跃迁的关键奇点。这 ...

Core Viewpoint - UBS has upgraded its earnings forecast for Sensetime Group (00425) for the years 2026 to 2030 by 1% to 3% due to better-than-expected progress in humanoid robots and AI server liquid cooling business, raising the mid-term profit growth rate forecast from 7% to 8% [1] Group 1 - UBS has increased the target price for Sensetime from HKD 40.2 to HKD 45.5 while maintaining a "Buy" rating [1] - Sensetime has signed a framework agreement with Harmonic Green to establish a joint venture in the United States for the design, manufacturing, and commercialization of humanoid robot joint modules in North America [1] - Sensetime's California subsidiary is expected to hold a 60% stake in the joint venture, which is crucial for the localization of core component supply and sustainable development of its humanoid robot business in the North American market [1]

Group 1 - The core focus of Qunche Intelligent is to develop a "power-centric" embodied intelligent model and related infrastructure, creating a complete technological closed loop from data collection to model training and scene deployment [3] - Since its establishment in November 2023, the company has made significant progress in embodied intelligence data definition and toolchain development, introducing the concept of "accompanying data collection" and developing hardware such as the exoskeleton CoMiner and portable collection device RoboPocket [3] - Qunche Intelligent has launched a soft and hard integrated solution powered by its self-developed "brain" and has partnered with several industry leaders to promote the mass deployment of robots in various scenarios, including hotel services and retail pharmacies [3] Group 2 - In the smart pharmacy scenario, robots can achieve full-process automation from order taking to picking and packaging, validating the reliability and practicality of the technology in real environments [3] - The company is continuously expanding into diverse scenarios such as logistics sorting, home organization, and hotel laundry, demonstrating the high generalization capability and rapid deployment potential of its technology [3] - The lead investor, C Capital, stated that Qunche Intelligent is a domestic leader in the end-to-end embodied general model field, with outstanding model generalization ability and complex task execution performance, showcasing strong commercial execution capabilities [3] Group 3 - The recent financing round will focus on core technology iteration, product development, large-scale implementation, and global expansion [4] - The company aims to leverage the industrial and regional advantages of both new and existing investors to strengthen its core capabilities in integrated hardware and software, while adhering to its commitment to technological innovation [4] - Qunche Intelligent is dedicated to creating a truly deployable intelligent robot "general brain" [4]

Core Viewpoint - UBS has upgraded its earnings forecast for Sensetime Group (00425) due to better-than-expected progress in humanoid robots and AI server liquid cooling business, increasing the profit growth rate forecast from 7% to 8% for the period of 2026 to 2030 [1] Group 1 - UBS raised the target price for Sensetime from HKD 40.2 to HKD 45.5 while maintaining a "Buy" rating [1] - The company has signed a framework agreement with Harmonic Drive to establish a joint venture in the United States for the design, manufacturing, and commercialization of humanoid robot joint modules in North America [1] - Sensetime's California subsidiary is expected to hold a 60% stake in the joint venture, which is crucial for the localization of core component supply and sustainable development of its humanoid robot business in the North American market [1]

Core Insights - The robotics sector is experiencing increased activity, driven by recent high-level inspections of technological innovations in Beijing's Yizhuang National Innovation Park, focusing on AI and robotics [1] - The V3 model is aimed at in-house use in North American factories (B-end robots), while the V4 model, which is highly prioritized by Musk, aims to become a blockbuster product targeting both B-end and C-end markets [1] - The robotics sector is expected to benefit from potential market stimulation around the upcoming Spring Festival [1] Industry Performance - As of February 10, 2026, the National Robotics Industry Index (980022) rose by 0.35%, with notable increases in component stocks such as Kelaimechatronics (+6.99%), Aifute (+6.60%), and Hechuan Technology (+3.35%) [1] - The Penghua Robotics ETF (159278) increased by 0.09%, marking its third consecutive rise, with the latest price reported at 1.12 yuan [1] - The National Robotics Industry Index reflects the price changes of listed companies related to the robotics industry on the Shanghai and Shenzhen stock exchanges [1] Top Holdings - As of January 30, 2026, the top ten weighted stocks in the National Robotics Industry Index (980022) include Lide Harmony, Shuanghuan Transmission, Robot, Stone Technology, iFlytek, Ecovacs, Sanhua Intelligent Control, Mingzhi Electric, CITIC Heavy Industries, and Top Group, collectively accounting for 39.43% of the index [1]

责任编辑：卢昱君 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 地平线机器人-W（09660）盘中涨近4%，截至发稿，股价上涨3.27%，报8.53港元，成交额3.21亿港 元。 2月9日，地平线机器人-W与宁德时代旗下子公司——宁德时代（上海）智能科技有限公司（简称"时代 智能"）签署战略合作协议。根据协议，时代智能将提供其磐石底盘系列化产品与技术，地平线机器人- W则将贡献其全场景辅助驾驶产品以及解决方案等汽车智能化核心能力。双方通过软硬协同、跨域融 合，共同探索从底层架构到顶层应用的完整智能化体系，为海内外OEM客户提供更具竞争力与多样化 的产品选择与服务支持。 2月9日，地平线机器人-W与宁德时代旗下子公司——宁德时代（上海）智能科技有限公司（简称"时代 智能"）签署战略合作协议。根据协议，时代智能将提供其磐石底盘系列化产品与技术，地平线机器人- W则将贡献其全场景辅助驾驶产品以及解决方案等汽车智能化核心能力。双方通过软硬协同、跨域融 合，共同探索从底层架构到顶层应用的完整智能化体系，为海内外OEM客户提供更具竞争力与多样化 的产品选择与服务支持。 责任编辑：卢昱君 热点栏目 自选股 数据 ...

公开资料显示，地平线机器人是一家主要提供乘用车高级辅助驾驶(ADAS)和高阶自动驾驶(AD)解决方 案的投资控股公司。财务数据显示，2025年上半年地平线机器人收入15.67亿元，同比大涨67.6%；毛利 润达10.24亿元，综合毛利率65.4%，现金储备161亿元。 2月9日，地平线宣布与宁德时代子公司——宁德时代（上海）智能科技有限公司（简称"时代智能"）签 署战略合作协议。双方将聚焦新能源汽车智能化升级需求，以"高智能、高安全的智能出行体验"为目 标，为全球整车企业与终端用户提供卓越的智能化出行体验。根据协议，时代智能将提供其磐石底盘系 列化产品与技术，地平线则将贡献其全场景辅助驾驶产品以及解决方案等汽车智能化核心能力。双方通 过软硬协同、跨域融合，共同探索从底层架构到顶层应用的完整智能化体系，为海内外OEM客户提供 更具竞争力与多样化的产品选择与服务支持。 地平线机器人早盘涨超4%，截至发稿，股价上涨3.75%，现报8.57港元，成交额2.06亿港元，市值1253 亿港元。 ...

目前，地平线机器人-W已成为国内首个突破千万级出货量的智驾科技品牌，产品解决方案已获得全球 27家车企(42个车企品牌)的广泛采用。其最新推出的行业首个量产的一段式端到端全场景辅助驾驶系统 ——地平线HSD (Horizon SuperDrive ) 正在助力行业进入智驾普惠新纪元。 地平线机器人-W(09660)涨近4%，截至发稿，涨3.63%，报8.56港元，成交额2.35亿港元。 消息面上，2月9日，地平线机器人-W与宁德时代（300750）旗下子公司——宁德时代(上海)智能科技有 限公司(简称"时代智能")签署战略合作协议。根据协议，时代智能将提供其磐石底盘系列化产品与技 术，地平线机器人-W则将贡献其全场景辅助驾驶产品以及解决方案等汽车智能化核心能力。双方通过 软硬协同、跨域融合，共同探索从底层架构到顶层应用的完整智能化体系，为海内外OEM客户提供更 具竞争力与多样化的产品选择与服务支持。 ...

目前，地平线机器人-W已成为国内首个突破千万级出货量的智驾科技品牌，产品解决方案已获得全球 27家车企(42个车企品牌)的广泛采用。其最新推出的行业首个量产的一段式端到端全场景辅助驾驶系统 ——地平线HSD (Horizon SuperDrive™) 正在助力行业进入智驾普惠新纪元。 消息面上，2月9日，地平线机器人-W与宁德时代旗下子公司——宁德时代(上海)智能科技有限公司(简 称"时代智能")签署战略合作协议。根据协议，时代智能将提供其磐石底盘系列化产品与技术，地平线 机器人-W则将贡献其全场景辅助驾驶产品以及解决方案等汽车智能化核心能力。双方通过软硬协同、 跨域融合，共同探索从底层架构到顶层应用的完整智能化体系，为海内外OEM客户提供更具竞争力与 多样化的产品选择与服务支持。 智通财经APP获悉，地平线机器人-W(09660)涨近4%，截至发稿，涨3.63%，报8.56港元，成交额2.35亿 港元。 ...

敏实集团(00425)涨近3%，截至发稿，涨2.61%，报40.88港元，成交额3185.78万港元。 小摩发布研报称，中国汽车零件制造商在未来一年可能面临艰巨的市场环境，主要受到国内汽车及电动 车产量增长放缓、人民币升值以及大宗商品价格上涨的多重压力影响。但敏实集团仍是该行的首选标 的，这主要基于其在欧盟电动车市场的强劲布局与业务占比，以及目前具吸引力的估值水平(2026年预 测市盈率11倍)——当前估值尚未充分反映其在AI伺服器液冷或人形机器人业务机会上的潜在上升空 间。 瑞银表示，由于敏实集团在人形机器人及AI伺服器液冷业务的进展优于该行先前预期，瑞银将2026至 2030年盈利预测上调1%至3%，并将中期盈利增长率预测从7%上调至8%。 ...