SIASUN(SZ:300024) Qian Zhan Wang·2025-09-26 08:28Core Insights - Yushu Technology's CEO Wang Xingxing announced the upcoming release of a 1.8-meter humanoid robot in the second half of the year, following several iterations of their robotic algorithms since the Spring Festival performance [2][3] - The humanoid robot industry is experiencing rapid growth, with domestic companies seeing an average growth rate of 50% to 100% in the first half of the year [3] - The global humanoid robot financing reached 14 billion yuan in the first half of 2025, with the domestic market contributing 8.4 billion yuan [3] Company Developments - Yushu Technology's robots demonstrated advanced capabilities during the Spring Festival, including automatic formation changes and dancing, although initial performances showed some limitations in movement fluidity [2] - The company has made significant improvements in full-body motion control technology, allowing for more flexible and resilient robot movements [2] - The new technology enables robots to perform various dance and martial arts movements, showcasing a qualitative leap in their capabilities [2] Industry Trends - The humanoid robot market in China is projected to reach approximately 2.76 billion yuan by 2024, indicating substantial growth potential [5] - The Ministry of Industry and Information Technology's guidelines suggest that by 2027, the humanoid robot industry will achieve large-scale development and deeper integration into the economy [5] - The Pearl River Delta region is a key hub for the humanoid robot supply chain, hosting leading companies and core component manufacturers, which enhances collaboration and reduces production costs [7] Market Outlook - The humanoid robot industry is in a golden period of rapid development, driven by technological innovation, increasing market demand, and strong policy support [9] - The industry is expected to follow a development trajectory similar to that of computers, impacting various sectors such as entertainment, sports, and commercial services [9] - Nvidia's CEO highlighted that AI is not just a tool but a core driver of new productivity, with humanoid robots poised to become a major industry [9]