SIASUN(SZ:300024) Zhi Tong Cai Jing·2025-08-14 14:51Core Insights - The 2025 World Robot Conference (WRC) held in Beijing highlighted the accelerating commercialization of humanoid robots, marking a significant shift in the robotics industry [1][2]. Industry Highlights - Humanoid robots emerged as the main focus of the conference, attracting attention from various stakeholders including enterprise clients and government officials [2]. - Domestic companies such as Estun, HCFA, Dobot, Siasun, and Keenon are increasing their strategic investments in humanoid robots, viewing the trend as irreversible [2]. - International brands like ABB and Kuka participated but focused more on traditional collaborative and industrial robots [2]. Key Companies - UBTech showcased its Walker S2 robot, capable of 24-hour operation with a sorting speed twice that of the demonstration [3][4]. - Unitree impressed attendees with a boxing demonstration, showcasing its robot's balance and movement control capabilities [5][6]. - Both UBTech and Unitree have demonstrated advanced capabilities, with UBTech planning to deliver 500 units of the Walker S series by 2025, including an order from BYD for 50 units [4]. Technology Maturity - There is a noticeable disparity in technological maturity among companies, with UBTech and Unitree able to perform real-time demonstrations of complex tasks, while many others remain in the prototype stage [7][8]. - Companies like Galbot and Spirit AI are also developing robots for specific applications, indicating a trend towards specialized solutions [9]. Core Components - The performance of robots heavily relies on core components, with Leader Drive showcasing advanced harmonic reducers suitable for humanoid robots [10][11]. - The flexibility of robotic hands is crucial for precise operations, with several manufacturers, including Unitree, presenting their own dexterous hand modules [11]. Global vs. Domestic Development - There is a clear difference in R&D focus between Chinese and global companies, with U.S. firms concentrating on general-purpose robot control technologies, while Chinese players prioritize application breakthroughs in specific scenarios [12]. Industry Outlook - The conference indicated that the technical bottlenecks in humanoid robots are gradually being overcome, with UBTech and Unitree leading in commercialization efforts [13].