人形机器人产业周报：帕西尼感知完成融资，五洲新春发布定增预案加码-20250625

Investment Rating - The report maintains a "Recommended" investment rating for the humanoid robotics industry, indicating that the industry index is expected to outperform the benchmark index by more than 10% [26]. Core Insights - The humanoid robotics concept index experienced a decline of 2.35% from June 15 to June 20, 2025, underperforming the CSI 300 index by 1.90 percentage points. However, year-to-date, the humanoid robotics index has increased by 28.44%, outperforming the CSI 300 index by 27.75 percentage points [2][11]. - Notable stock performance includes Zhongjing Electronics with a weekly increase of 32.60%, while Siling Co. saw the largest decline at 21.06% [17]. Weekly Market Review - From June 15 to June 20, 2025, the humanoid robotics index fell by 2.35%, while the year-to-date performance shows a rise of 28.44% [11]. - The report highlights the significant sales growth of humanoid robots during the "618" shopping festival, with sales increasing by 17 times year-on-year [20]. Weekly Hotspots Policy Developments - The Shanghai Financial Regulatory Bureau and the Science and Technology Commission issued guidelines to promote high-quality development in technology insurance, focusing on future industries such as humanoid robotics [3][18]. Product and Technology Innovations - Foxconn is in talks with NVIDIA to deploy humanoid robots at its AI server factory in Houston [19]. - The world's first 5G-A humanoid robot was launched, showcasing advanced capabilities in joint coordination and complex operations [20]. Investment and Financing - Yuzhu Technology completed a C round of financing with a pre-investment valuation exceeding 10 billion yuan, led by major investors including China Mobile and Tencent [22]. - Parsini Technology secured several hundred million yuan in financing, focusing on tactile core technology and general-purpose humanoid robot development [22]. Key Company Announcements - Wuzhou Xinchun plans to raise up to 1 billion yuan for the development of humanoid robots and automotive intelligent driving components [5][24]. - Step Co. is providing core power system solutions for the humanoid robotics industry and has established partnerships with multiple manufacturers [23].