FigureAI正式发布第三代人形机器人Figure03，赛力斯凤凰与火山引擎共创人工智能应用新生态：——人形机器人行业周报-20251012

Core Insights - The report maintains a "Recommended" rating for the humanoid robot industry, highlighting significant investment opportunities as the sector evolves and matures [1][16]. Industry Dynamics - ZhiYuan Robotics has partnered with Longqi Technology to create a new benchmark in AI manufacturing, securing a multi-billion yuan order for nearly 1,000 robots, marking one of the largest orders in the domestic industrial humanoid robot sector [5]. - In September 2025, the Chinese robotics industry saw a 40% increase in financing activities, with 56 financing events and a total estimated financing amount between 5.4 billion to 7.8 billion yuan, indicating strong market confidence [9]. - Yuanli Unlimited set a global record with a single order worth 260 million yuan for embodied intelligence technology, showcasing the transition of AI from laboratory to real-world applications [10]. Technological Advancements - FigureAI launched its third-generation humanoid robot, Figure03, featuring a complete redesign aimed at reducing manufacturing costs and enhancing suitability for home use [10]. - Qianxun Intelligent proposed a State-free Policy for visual-motor strategies, eliminating reliance on proprioceptive states, which enhances the robot's adaptability in dynamic environments [8]. Market Performance - The humanoid robot industry is expected to experience significant growth, potentially surpassing the automotive market, as companies continue to innovate and explore scalable production and commercial applications [16]. - The report emphasizes the importance of companies with core component expertise and active involvement in humanoid robotics, recommending specific firms for investment consideration [16].