Yin He Zheng Quan·2025-06-16 14:12Investment Rating - The report maintains a "Recommended" rating for the mechanical equipment industry, specifically focusing on humanoid robots in the nuclear power sector [4]. Core Insights - The humanoid robot industry in China's nuclear power sector is accelerating, with significant advancements in technology and applications, supported by national and local policies [8][11]. - Humanoid robots are designed to operate in extreme environments typical of nuclear power plants, enhancing operational efficiency and safety [25][26]. - The investment suggestion emphasizes focusing on companies actively engaged in the nuclear power humanoid robot sector, such as Jingye Intelligent, Shanghai Electric, Shenhao Technology, Yijiahe, and others [8]. Summary by Sections 1. Development Acceleration of Humanoid Robots in Nuclear Power - The establishment of innovation centers and successful deployment of humanoid robots in nuclear settings mark significant milestones in the industry [11][12]. - The first humanoid robot for daily operations in nuclear power was successfully deployed, indicating a shift from theoretical exploration to practical application [11]. 2. Basic Information and Classification of Humanoid Robots - Humanoid robots are characterized by their ability to withstand high radiation and operate autonomously in hazardous environments, significantly improving safety and efficiency in nuclear operations [25][26]. - The classification of nuclear robots includes humanoid and non-humanoid types, with humanoid robots offering greater flexibility and capability in complex tasks [29][30]. 3. Industry Chain of Nuclear Robots - The industry chain consists of upstream raw material suppliers, midstream production and assembly, and downstream application in various nuclear power operations [53][54]. - The demand for humanoid robots spans multiple applications, including safety inspections, maintenance, and emergency response, enhancing overall operational efficiency [53]. 4. Key Companies in the Sector - Jingye Intelligent is recognized as a leader in nuclear industrial robotics, focusing on spent fuel processing and developing advanced robotic solutions [8]. - Shanghai Electric has initiated a humanoid robot training center, enhancing the development of industrial-grade humanoid robots [8]. - Shenhao Technology and Yijiahe are also making strides in the nuclear robotics field, collaborating to develop intelligent inspection robots [8]. 5. Future Development Potential - The report highlights the potential for humanoid robots to become integral to the nuclear power industry, driven by technological advancements and supportive policies from various regions [16][48]. - The collaboration among industry players and research institutions is expected to foster innovation and accelerate the commercialization of humanoid robots in nuclear applications [48].