国泰海通:重视人形机器人行业边际变化 商业化进程有望加速
Zhi Tong Cai Jing·2025-12-08 02:32

Core Insights - The humanoid robot industry is experiencing significant advancements in policy, products, and orders, indicating a critical phase of commercialization [1] - Domestic and international humanoid robot industries are expected to resonate, accelerating the global commercialization process of humanoid robots [1] Group 1: Strategic Collaborations - UBTECH Robotics and ZhiSheng Technology have signed a strategic cooperation framework agreement to deploy 10,000 robots over the next five years, marking a shift from concept validation to commercial implementation [2] - The collaboration focuses on "industry models + embodied intelligence," aiming to deliver solutions across multiple sectors and secure billions in commercial orders [2] Group 2: Product Launches - Zhongqing Robotics has launched the T800 humanoid robot, which represents a breakthrough in the industry, transitioning from "technological feasibility" to "scalable usability" [3] - The T800 is priced starting at 180,000 yuan and comes in four versions to meet diverse application needs, indicating a new phase of large-scale deployment in the humanoid robot sector [3] Group 3: Government Initiatives - Following the acceleration of artificial intelligence development, the U.S. government is now focusing on robotics, with plans to issue an executive order on the subject [4] - The U.S. Secretary of Commerce has been engaging with CEOs in the robotics industry to expedite its development, and a robotics task force may be established by the Department of Transportation by the end of the year [4]

Guotai Haitong Securities-国泰海通:重视人形机器人行业边际变化 商业化进程有望加速 - Reportify