Southwest Securities·2025-06-29 03:31Investment Rating - The report maintains an "Outperform" rating for the robotics industry as of June 29, 2025 [1]. Core Insights - The robotics index outperformed the market, increasing by 4.9%, surpassing the Shanghai Composite Index by 3.0 percentage points and the CSI 300 Index by 2.9 percentage points, while lagging behind the ChiNext Index by 0.8 percentage points [5][12]. - Linyi Intelligent Manufacturing held a strategic conference showcasing its "three-in-one" strategy in robotics, aiming to become a top three global manufacturer in embodied intelligent hardware, with 16 partners and over 100 intended orders [5][16]. - Galaxy General completed a financing round of 1.1 billion yuan, led by CATL, enhancing its strategic collaboration for the application of embodied intelligent models [5][18]. - Stand Robotics submitted its IPO application to the Hong Kong Stock Exchange, aiming to provide customized robotic solutions for smart factories [5][20]. - Lingbao CASBOT secured nearly 100 million yuan in angel financing, focusing on the integration of technology, products, and scenarios [5][21]. - Feixi Technology announced the completion of a Series C financing round, with funds allocated for expansion, research and development, and ecosystem development [5][23]. Summary by Sections Market Review - The robotics index rose by 4.9% during the week of June 23-29, 2025, outperforming major indices [12]. Industry Dynamics - Linyi Intelligent Manufacturing's strategic conference highlighted its commitment to becoming a leading player in the robotics sector, with a focus on core components and comprehensive hardware services [5][16]. - The upcoming release of Grok 4 by xAI is anticipated to enhance competitive positioning in the AI-driven robotics market [5][18]. - Stand Robotics is set to enhance its market presence through its IPO, focusing on R&D and expanding its service network [5][20].