机器人行业周报：Optimus展示新一代灵巧手接球，人形机器人技术加速迭代

Investment Rating - The report maintains an "Outperform" rating for the robotics industry, indicating expected returns above the market average over the next six months [1]. Core Insights - The robotics index outperformed the market, with the CSI Robotics Index rising by 3.8%, surpassing the Shanghai Composite Index by 2.0 percentage points and the CSI 300 Index by 2.5 percentage points during the week of November 25 to December 1 [20]. - Tesla showcased its latest generation of the Optimus robot, demonstrating significant improvements in dexterity and fluidity, with the new dexterous hand featuring 22 degrees of freedom compared to 11 in the previous generation [29]. - Nanjing has issued an action plan for the high-quality development of the robotics industry from 2024 to 2026, aiming to position itself among the top cities in China for robotics development [30]. Summary by Sections Market Review - The robotics index outperformed major indices, with the CSI Robotics Index increasing by 3.8% and the National Robotics Index rising by 2.8% during the specified week [20]. Industry Dynamics - Tesla's Optimus robot demonstrated enhanced capabilities, including the ability to catch a tennis ball thrown from a distance, indicating advancements in both hardware and software for future applications [29]. - The Nanjing action plan aims to enhance the competitiveness of the robotics industry, focusing on creating a robust ecosystem for industrial robots and humanoid robots [30][32]. Financing Dynamics - UBTECH announced a plan to issue new H shares at a price of HKD 83.88 per share, raising approximately HKD 587 million, with the share price reflecting a discount of 19.96% compared to the previous closing price [39].