人形机器人产业周报：小鹏今年将规模量产人形机器人，新剑传动冲刺IPO-20260113

Investment Rating - The report maintains a "Recommended" investment rating for the humanoid robot industry, indicating that the industry index is expected to outperform the benchmark index by more than 10% [6]. Core Insights - The humanoid robot concept index increased by 4.93% from January 4 to January 9, 2026, outperforming the CSI 300 index by 2.15 percentage points [11][15]. - Key developments include Xiaopeng's announcement of mass production of humanoid robots in 2026, which marks a significant transition from technology exploration to practical application [4][22]. - The report highlights various policy initiatives aimed at fostering the integration of artificial intelligence and manufacturing, which are expected to accelerate the development of humanoid robots [3][18]. Summary by Sections Weekly Market Review - The humanoid robot index rose by 4.93% during the week, outperforming the CSI 300 index [11]. - Among A-share humanoid robot stocks, Puni Testing saw the highest weekly increase of 51.77%, while Donggang Co. experienced the largest decline of 12.38% [15] Weekly Hotspots Policy Developments - The Ministry of Industry and Information Technology and seven other departments issued guidelines to accelerate the upgrade of smart terminals and promote humanoid robot production lines [18]. - Guangzhou's government plans to develop a robust manufacturing sector with a target industry scale of 300 billion by 2035 [19]. - Sichuan's government aims to break through key technologies in advanced computing and embodied intelligence [20]. Product and Technology Iteration - Leju Robotics partnered with Alibaba Cloud for full-stack AI collaboration [20]. - Xiaopeng announced the mass production of its humanoid robot, IRON, which features 82 degrees of freedom and advanced AI capabilities [4][22]. Investment and Financing - Zhiyou Wujie completed seed financing, focusing on industrial embodied intelligence [23]. - Zhi Ji Power secured equity financing from multiple investors [24]. - New Sword Transmission, a first-tier supplier in the humanoid robot supply chain, is preparing for an IPO [24]. Key Company Announcements - iFLYTEK's super brain platform achieved multiple technological breakthroughs and formed extensive collaborations with leading robotics companies [25]. - Liwang Co. is collaborating with Tsinghua Shenzhen International Graduate School to develop high-power batteries for humanoid robots [26]. - Guoji Precision is focusing on bearings for commercial aerospace and humanoid robots as part of its new business strategy [26].