机械设备：上海电气并购发那科，众擎机器人SE01首秀

Industry Investment Rating - Stronger than the market (maintained rating) [2] Core Views - Shanghai Electric plans to acquire 50% of Fanuc Robotics for 3.082 billion yuan, aiming to become a leader in humanoid robotics [1] - The acquisition is part of Shanghai Electric's strategy to enhance core competitiveness and focus on main business responsibilities, aligning with the new "National Nine Articles" policy [1] - Zhongqing Robotics launched its first full-size humanoid robot, SE01, featuring advanced hardware and visual neural network systems, which is expected to have broad applications in both research and industrial fields [1] - The humanoid robotics industry is expected to expand significantly, with Jiangsu province targeting a robot industry chain scale of 200 billion yuan by 2025 and reaching international advanced levels by 2027 [1] - The humanoid robotics industry in China is projected to exceed 20 billion yuan by 2026, driven by government guidance and investment [1] Key Areas of Focus - Sensors: Companies like Anpeilong, Kelisensing, Hanwei Technology, Huayi Technology, and Donghua Testing are recommended for attention [1] - Suppliers: Key suppliers include Sanhua Intelligent Control, Tuopu Group, and Mingzhi Electric [1] - Motors: Companies such as Buken, Weichuang Electric, and Jiangsu Leili are highlighted [1] - Lead screws: Recommended companies include Beisite, Beite Technology, Dingzhi Technology, and Xinjian Transmission [1] - Reducers: Companies like Shuanghuan Transmission, Lide Harmonic, and Zhongda Lide are suggested for focus [1] - Machine vision: Key players include Sunny Optical, Orbbec, Opt, and Lingyun Guang [1] Industry Trends - The humanoid robotics industry is expected to see rapid growth in 2024 and 2025, with significant potential in industrial manufacturing, healthcare, and service sectors [1] - The industry is supported by government policies and investment, with a focus on accelerating industrial transformation and upgrading [1]