爱建智能制造周报：宇树科技启动IPO辅导，机器人资本化进程再进一步-20250721

Investment Rating - The report rates the humanoid robot sector as having high configuration cost-effectiveness, suggesting a focus on core enterprises with performance support [2]. Core Insights - The humanoid robot industry is advancing with significant commercial orders, including a notable contract worth 124 million yuan for humanoid robot manufacturing [23]. - The semiconductor equipment sector continues to thrive, driven by strong demand for advanced processes, particularly in AI and high-performance computing [26][27]. - The low-altitude economy is witnessing accelerated commercialization, highlighted by a major eVTOL export agreement worth 1 billion USD [31]. - The controllable nuclear fusion sector is progressing with the successful ignition of the HHMAX-901, marking a shift from laboratory to application [29]. Summary by Sections Industry Performance - The mechanical equipment sector outperformed the CSI 300 index, with a weekly increase of 2.91% compared to the CSI 300's 1.09% [8][10]. - The printing and packaging machinery sub-sector showed the best performance with a 6.16% increase [12]. Investment Recommendations - Focus on humanoid robot companies like Top Group and Zhenyu Technology, which have strong performance backing [2]. - High-end computing and storage chip demand is expected to benefit key equipment companies, with recommendations for companies like Tuojing Technology and Shengmei Shanghai [2]. - Solid-state battery technology is advancing, with system integration equipment companies like Xian Dao Intelligent and Liyuan Heng likely to benefit [2]. Key Developments - The humanoid robot sector is seeing increased capital activity, with Yushu Technology completing its IPO guidance registration [4]. - ASML and TSMC reported strong Q2 results, with ASML's net sales reaching 7.7 billion euros, a 23.2% year-on-year increase [26][27]. - The low-altitude economy is gaining traction with significant orders for eVTOLs, marking a milestone in China's export capabilities [31]. Market Trends - The semiconductor sales in May showed a year-on-year increase of 18.2% globally and 13.0% in China [38]. - The production of industrial robots in China increased by 35.5% year-on-year in May, indicating robust growth in automation [48].