从“玩具”走向实用关键年，机器人假期持续霸屏

Group 1 - During the Spring Festival Gala in 2026, four robot companies showcased their technologies, with Yushu Technology gaining global attention through a martial arts performance [1] - Data indicates that within two hours of the gala, the search volume for JD robots increased by over 300%, customer inquiries rose by 460%, and order volume grew by 150%, with new orders covering over 100 cities across China [1] - Dongfang Securities believes that the robot performances at the gala demonstrated significant advancements in key capabilities such as operational control, bionics, interaction, precision operation, and cluster control, which will boost sales orders for humanoid robots and promote the development of business models like experience centers, leasing, and sharing [1] Group 2 - Western Securities predicts that 2026 will mark the transition of robots from proof of concept (POC) to small-scale promotion, particularly in 2B scenarios with high repetitive labor intensity [2] - There is also significant growth potential in the consumer sector, as companies like Songyan Power have entered educational institutions, serving as platforms for teaching and research [2] - Galaxy General Robots has already achieved large-scale applications in new retail and pharmaceutical sorting scenarios [2] Group 3 - Liard's subsidiary, Virtual Motion Point, possesses data, service, and algorithm capabilities, successfully assisting Yushu Robotics in performing the "Yungang Dance" [3] - Huayuan Holdings indirectly holds a small percentage of equity in Yushu Technology [3]