人形机器人，迎来新入局者

Core Viewpoint - The company, Tuosida, has launched the first domestically developed humanoid robot series, the "Tuo Xing Ji," which utilizes AI technology for industrial applications, filling a gap in the current market [2][3][5]. Product Development - The Tuo Xing Ji series includes wheeled humanoid robots, dual-arm robots, and humanoid robotic arms, designed for autonomous reasoning and decision-making in complex tasks within warehouse and factory environments [2][3]. - The first wheeled humanoid robot, "Xiao Tuo," features a four-wheel design for 360-degree omnidirectional movement and has successfully completed multiple rounds of verification in injection molding workshops [2][15]. Strategic Shift - Facing a nearly 40% revenue decline in the first half of the year, Tuosida plans to gradually divest its smart energy and environmental management systems business and focus on the humanoid robotics sector [3][21]. - The company has established the "Tuosida Humanoid Robot Ecological Innovation Alliance" to integrate resources across various sectors and accelerate the large-scale application of humanoid robots [3]. Market Potential - The humanoid robot market in China is projected to reach 38 billion yuan by 2030, indicating significant growth potential [5]. - Tuosida aims to expand the application of its wheeled humanoid robots into assembly and inspection scenarios, targeting the trillion-yuan automation equipment market [3]. Technological Advancements - The company has developed a comprehensive industrial chain, with core components of the humanoid robot being self-researched and manufactured, utilizing advanced CNC machining technology [8][10]. - The "X" project has evolved into a "humanoid intelligent control platform," linking AI models with robotic hardware, enhancing the robots' capabilities in industrial applications [10][11]. Financial Performance - In the first half of 2025, Tuosida reported revenues of 1.086 billion yuan, a 36.98% decrease year-on-year, while net profit remained stable at 31.45 million yuan [19]. - The smart energy and environmental management systems business, which once contributed significantly to revenue, saw a 67.20% reduction in scale, prompting the company to focus on its core products: industrial robots, CNC machine tools, and injection molding machines [21][20]. Future Outlook - The company is committed to enhancing its core products and technologies, aiming to build a competitive industrial chain and improve operational quality [18][22]. - Tuosida's strategy includes focusing on industrial manufacturing scenarios for the initial deployment of humanoid robots, with plans to expand into service industries and other sectors in the future [23][24].