国泰君安：关注人形机器人和轮式机器人本体制造商

Group 1 - The core viewpoint of the article highlights the impressive dynamic demonstration of quadruped robots by Yushu Technology, exceeding expectations, and the introduction of the second-generation robot model GR-2 by ByteDance Research Institute [1] - The development of quadruped robots is paving the way for future commercial applications of humanoid robots, which require breakthroughs in AI large model technology and improvements in domestic core component supply capabilities [2] Group 2 - GGII forecasts that global sales of quadruped robots are expected to exceed 560,000 units by 2030, with a market size projected to surpass 8 billion yuan, and a compound annual growth rate of over 30% from 2024 to 2030 [3]