首届世界人形机器人运动会：技术突破与全球协作里程碑

Investment Rating - The report maintains an "Overweight" rating for the robotics industry [1][8]. Core Insights - The first World Humanoid Robot Games held in Beijing marked a significant milestone in technology breakthroughs and global collaboration, with the establishment of the "World Humanoid Robot Sports Federation" [3][5][6]. - The event showcased the highest level of humanoid robot technology through various competitive events, highlighting advancements in motion control, environmental perception, real-time decision-making, and action execution [4][6]. - The establishment of the federation is expected to unify technical standards and promote international cooperation, laying a foundation for the healthy and orderly development of the humanoid robotics industry [5][6]. Summary by Sections Industry Performance - Over the past twelve months, the robotics sector has shown a relative return of 75.8% compared to the CSI 300 index, with an absolute return of 101.4% [2]. Investment Recommendations - Investment in the humanoid robotics sector should focus on three main areas: 1. Technological breakthroughs, particularly in core component localization and AI integration [7][19]. 2. Application scenarios expanding from industrial manufacturing to diverse fields [7][19]. 3. Global layout leveraging local supply chain advantages and international cooperation [7][19]. - Companies such as Greentec Harmonics and Guomao Co. are highlighted for their contributions to the sector [7][19].