SIASUN(SZ:300024) 2 1 Shi Ji Jing Ji Bao Dao·2025-12-30 00:38Core Viewpoint - UBTECH has successfully launched its 1000th industrial humanoid robot, Walker S2, marking a significant milestone in its production capabilities and commitment to practical applications in various industries [1][2]. Production and Delivery - The Walker S series has become the most widely adopted industrial humanoid robot in global automotive training, with an annual production capacity exceeding 1000 units and a delivery of over 500 units in 2025, aiming to scale to 10,000 units by 2026 [2][4]. - The company emphasizes real-world training and application, focusing on high-demand areas such as handling, sorting, and quality inspection, which are characterized by high employee turnover and repetitive tasks [3][8]. Market Strategy - UBTECH's strategy involves a phased approach: starting with industrial manufacturing, followed by commercial services, and eventually household applications, ensuring a sustainable business model that addresses real customer needs [5][11]. - The company has secured significant orders, including a record single bid of 264 million yuan, primarily from sectors like automotive manufacturing and smart logistics [4][6]. Technological Advancements - Continuous investment in humanoid robot technology, including hardware control, AI, and visual servo systems, has enabled the development of autonomous operational capabilities [5][12]. - The introduction of group intelligence technology allows for collaborative operation among humanoid robots, enhancing efficiency and adaptability in real-world scenarios [12][13]. Cost Management - UBTECH aims to reduce production costs by 20%-30% annually, targeting a unit cost of under $20,000 as production scales up, leveraging advancements in technology and supply chain integration [16][14]. - The company has achieved a 90% localization rate for core components, enhancing its competitive edge in the global market [15]. Industry Context - The humanoid robot industry is expected to face a talent shortage, with a projected demand gap of nearly 30 million workers in key manufacturing sectors by 2025, positioning humanoid robots as a viable solution [9][10]. - Despite the rapid advancements in the industry, UBTECH acknowledges that widespread adoption of humanoid robots in everyday life will take an estimated 5-10 years, necessitating ongoing investment and development [20].