人形机器人行业观点报告：看好乐聚机器人产业链-20250912

Investment Rating - The industry investment rating is "Overweight (Maintain)" [1] Core Viewpoints - The report highlights a positive outlook on the humanoid robot industry chain, emphasizing continuous attention to the sector due to frequent catalysts [6] - The report suggests focusing on companies such as Fujia Co., Haosen Intelligent, Dongfang Precision, Haichen Co., and Hengtong Optic-Electric as potential investment opportunities [8] Industry Overview - The report is focused on the mechanical equipment industry, specifically the humanoid robot segment, with significant developments and innovations noted in recent years [5] - The humanoid robot industry has shown a comparative performance against the CSI 300 index, with notable growth trends observed [2] Company Development - The report details the development history of Leju Robotics, including key milestones from its establishment in 2016 to recent collaborations and product launches in 2025 [7] - Leju Robotics has introduced various product lines, including general humanoid robots, mid-sized bipedal robots, hospital logistics robots, and heavy-duty transport robots, showcasing a diverse portfolio [10] Technological Innovations - The report outlines Leju Robotics' focus on technological innovations, particularly in robot joints, gait algorithms, and the development of a ubiquitous robot operating system [10] - The company has made strides in creating high-performance modular drive units and optimizing gait algorithms for improved motion stability and robustness [10] Strategic Collaborations - The report mentions several strategic partnerships formed by Leju Robotics with companies like Hengtong Optic-Electric and Haichen Co. to enhance the development and application of humanoid robots in various sectors [10]