以下文章来源于人形机器人场景应用联盟 ，作者编辑部 人形机器人场景应用联盟 . 聚焦人形机器人场景应用和落地需求开拓，搭建具身智能移动机器人产需、产业链企业对接平台，传播人 形机器人案例、产品、技术、企业最新资讯。 根据新战略移动机器人产业研究所、人形机器人场景应用联盟不完全统计， 2025年全年，全球人形机器 人整机新品发布数量已 超过166款 。 相比之下， 2024年全球人形机器人整机新品发布数量为106款， 增幅约56% 。 延伸阅读：百"人"大 战！2024人形机器人新品全景图鉴 以下为2025年人形机器人整机新品盘点。 鉴于新品数量庞大、图片信息较多，本文将按照季度进行梳理 与呈现。 第一季 度：超35款 | 企业 | 国别 | 新品 | 移动方式 | 相关参数/介绍 | 图片 | | --- | --- | --- | --- | --- | --- | | 星海图 | 中国 | R1系列 | 轮式 | 包含 R1 Pro、R1、R1 Lite 三 款,标配英伟达 Jetson AGX Orin 32GB 平台,拥有 8 核 CPU | | | | | | | 和 200 TOPS GPU 计算 ...

Group 1 - The core point of the article highlights the dramatic surge in the stock price of Fenglong Co., which increased from 19 to 99, marking a 405% rise, primarily driven by a takeover announcement from UBTECH Robotics [1] - The acquisition involves UBTECH planning to purchase 43% of Fenglong's shares for 1.665 billion, making it the controlling shareholder, which has significantly influenced market sentiment [1] - Despite multiple clarifications from Fenglong that there are no restructuring plans within 36 months and that both companies will operate independently, the stock price continues to soar, with a price-to-earnings ratio reaching an astonishing 4735 times [1] Group 2 - The trading activity shows a very low turnover rate of only 0.26% on January 20, indicating that shareholders are reluctant to sell, waiting for further price increases, which raises concerns about the sustainability of this price surge [2] - Historical performance data reveals that Fenglong's earnings are only in the millions, with a projected net profit of 4.59 million for 2024, which does not justify the inflated price-to-earnings ratio [2] - UBTECH, the acquiring company, has also faced financial difficulties, reporting losses for five consecutive years, including over 400 million in losses in the first half of the previous year, casting doubt on the viability of the acquisition [2]

在具身智能浪潮席卷全球之际，它不仅是一个技术概念，更是一场深刻的产业变革。在这场变革中，众多企业 扮演着不同角色：有像宇树科技的王兴兴这样，专注机器人本体研发与制造的开拓者；也有像利亚德集团副总 裁、虚拟动点董事长兼 CEO刘耀东这样，在产业底层默默耕耘，致力于解决核心数据瓶颈的"架桥者"。 本次，我们有幸对话刘耀东，探讨他的团队如何通过空间计算，构筑起连接数字与现实、加速具身智能落地的 关键引擎。 ▍ 从二维描绘到三维感知：数据是跨越鸿沟的关键 在刘耀东看来，过去三十年互联网的核心逻辑是将物理世界数字化、扁平化装入二维屏幕。而如今，以具身智 能为代表的下一波浪潮，则要求数字系统能够真正地感知、理解并三维化地与现实世界互动。这背后，是从 "描述世界"到"作用于世界"的根本性转变。 "当技术从二维向三维跃迁，真正的挑战往往不在算力或模型参数本身，而在于一个更基础、却易被忽略的层 面——数据。"刘耀东指出。工业仿真与真实场景的割裂，机器人从"实验室演示"到"稳定实际应用"的最后一百 米，其症结常常在于缺乏高质量、多模态、符合物理规律的真实世界数据。 "如果说具身智能是一场远征，高 质量的数据就是支撑远征的'粮草' ...

Group 1 - The humanoid robot industry in China is transitioning from technology validation to large-scale commercialization, with significant investments being made to support this shift [2][3] - UBTECH has entered into a partnership agreement to establish a fund with a total investment of RMB 660 million, aimed at developing the intelligent robot industry chain in Liuzhou [2] - The partnership will focus on investing in upstream and downstream industries, core components, and intelligent infrastructure, with the goal of creating a new hub for artificial intelligence and robotics [2] Group 2 - Industry experts predict that 2026 will mark the year of mass production for humanoid robots, with UBTECH already securing substantial orders totaling nearly RMB 1.4 billion for 2025 [3] - UBTECH has announced a collaboration with Airbus for humanoid robots in the aerospace manufacturing sector, indicating a rapid acceleration in commercialization [3] - UBTECH's planned acquisition of 43.01% of Fenglong Co., valued at RMB 1.665 billion, has led to a significant surge in Fenglong's stock price, which has increased by 456.34% since December 17, 2025 [3][4] Group 3 - Fenglong Co. has acknowledged that its stock price has deviated significantly from its fundamental value, warning of potential irrational market behavior [4] - The company has stated that its main business remains focused on the development, production, and sales of garden machinery parts, automotive parts, and hydraulic components, with no major changes reported [4] - UBTECH has no plans for asset restructuring or injection through the listed company in the next 36 months, nor any asset restructuring plans in the next 12 months [4]

财信证券指出，人工智能大时代背景下，具身智能作为AI大模型的最终载体，有广阔的应用场景，有 望率先应用于工业场景。近年AI大模型发展迅速，在工业制造领域，人形机器人凭借高精度感知与灵 巧操作能力，已深度融入汽车制造、3C电子、电力生产等场景。在人口老龄化和劳动力缺失的大背景 下，人形机器人在劳动力替代方面具备充足潜力。 银河证券表示，具身机器人行业未来市场空间广大，产业链进展不断，海内外共振向上。海外看特斯拉 量产节奏，国产链关注核心龙头上市进展及应用场景落地标的。标的方面，T链推荐恒立液压 （601100），建议关注五洲新春（603667）、三花智控（002050）、拓普集团（601689）；国产主机厂 推荐优必选，建议关注越疆、博实股份（002698）及拟上市龙头宇树、乐聚、云深处等；应用场景落地 标的推荐叉车龙头拓展具身机器人应用于工厂物流方面的杭叉集团（603298），建议关注杰克科技 （603337）。 根据IDC数据，2025年全球人形机器人出货量约1.8万台，同比增长约508%，中国厂商占主导，其中， 智元以5200台的出货量稳居全球榜首，市场份额显著领先。 IDC预测，从全球市场来看，人形机器 ...

Core Viewpoint - The stock price of Fenglong Co., Ltd. has surged dramatically, reaching over 90 yuan per share, driven by the announcement of a potential acquisition by UBTECH, the first humanoid robot company listed in Hong Kong, despite warnings from the company about the stock being detached from its fundamentals [1][2][4]. Group 1: Stock Performance - As of January 22, 2026, Fenglong's stock has achieved 17 consecutive daily limit-ups, rising from around 17 yuan to over 90 yuan, representing a cumulative increase of over 400% [2][3]. - The company's market capitalization has increased from less than 4 billion yuan to approximately 20 billion yuan, with an average daily increase of over 900 million yuan during this period [2][3]. Group 2: Acquisition Announcement - The surge in stock price was triggered by UBTECH's announcement to acquire control of Fenglong for no more than 1.665 billion yuan, which will make UBTECH the controlling shareholder [3][4]. - UBTECH has committed to not transferring or reducing its stake in Fenglong for 36 months post-acquisition, indicating a focus on optimizing management and resource allocation [3][4]. Group 3: Company Fundamentals - Fenglong has repeatedly warned that its stock price is significantly detached from its fundamentals, highlighting the risks of market speculation and irrational trading behavior [5]. - The company continues to focus on its core business of developing, producing, and selling components for landscaping machinery, automotive parts, and hydraulic components, with no significant changes expected in its operations or market environment [5].

Group 1 - Airbus has signed a humanoid robot service agreement with Chinese tech company UBTECH to deploy industrial humanoid robots in its global core manufacturing plants [3] - The Walker S2 robot, designed for complex industrial scenarios, stands 1.76 meters tall, weighs 70 kilograms, and has a walking speed of approximately 2 meters per second [3] - The robot features 11 degrees of freedom in its dexterous hands, can carry up to 7.5 kilograms with one hand, and 1 kilogram with one finger, enhancing its operational capabilities in narrow aircraft assembly lines [3] Group 2 - The introduction of humanoid robots aims to address the limitations of traditional automation equipment in flexible operations and spatial adaptability, focusing on core processes such as component assembly and material transfer [4] - This collaboration represents an important attempt by Airbus to expand intelligent manufacturing applications and provides a reference model for the intelligent upgrade of high-end manufacturing [4] - Airbus has previously utilized automated equipment and digital twin technologies to shorten aircraft assembly time, and the exploration of humanoid robots will further strengthen its industry advantages in flexible production and precision manufacturing [4]

点击下方 卡片 ，关注" 具身智能 之心 "公众号 >> 点击进入→ 具身智能之心 技术交流群 更多干货，欢迎加入国内首个具身智能全栈学习社区 ： 具身智能之心知识星球 (戳我) ， 这里包含所有你想要的。 Omdia近段时间发布的2025年全球人形机器人出货量报告，引起了一场不小的风波。多家媒体转发，其中排行榜单上显示智元机器人以5168台作为榜首，中 国企业出货全球占比超过80%。从数量上来看，出货量在500套及以上的公司一共有四家：智元机器人、宇树、优必选，乐聚机器人（都是中国企业）。 虽然国内企业遥遥领先海外，但作为人形机器人领域的巨头宇树科技对数量有疑议，昨日在官方微信公众号上正式发文澄清："并未对外透露任何销售数 据，我们的人形机器人交付早已超5500台，订单则更多！"。 关于宇树2025年销量数据的澄清 2026年1月22日 | Table 1: Robotics shipments by vendor, 2024 and 2025 | | | | --- | --- | --- | | Vendor | 2024 | 2025 | | AGIBOT | 600 | 5,168 | | Unit ...

正文： T链们陆续开启北美行，发包、定点等利好资讯不断，核心标的越发清晰 ！ 周三（1月21日），T链们如期迎来一波中规中矩反弹行情；整体走势不做过分解读，最关键的点是， 去年12月 底提到的TPU（ 热塑性聚氨酯 ）核心 标的 （M） 和 （K） ，前者涨停，后者涨幅居于前列；其实，从去年在星 球提到以来，两个标的皆一直稳步上行，1月以来甚至有不少卖方老师推，其中（M）已前往北美沟通，TPU工艺 正式发酵。 （ 注： 相关标的已放 "机器人头条"知识星球 " ，皆值的重点关注） 相较于T链走势外，小编最关注的事件是" 马斯克再为Optimus V3打call，重申产能爬坡将非常迅速！ " 1月21日（美东时间），马斯克在X平台回复" Cybercab将在不到100天内开始生产 "帖子时，表示：初期生产总 是非常缓慢，需遵循S型曲线，生产爬坡速度与新零件和制造步骤数量成反比；同时进一步说明" 对于Cybercab 和Optimus，几乎所有东西都是全新的，因此早期的生产速度会极其缓慢，但最终将变得异常迅速 " 。 温馨提示 ： 点击下方图片，查看运营团队最新原创报告（共260页） 说明： 欢迎约稿、刊例合作、 ...

Group 1 - The World Economic Forum 2026 annual meeting emphasizes the theme of "the spirit of dialogue" amidst complex geopolitical challenges and economic uncertainties [3][4] - The meeting gathered nearly 3,000 representatives from over 130 countries, including 400 high-level political leaders, marking a historical high in attendance [3][4] - The agenda focuses on five urgent global challenges: cooperation in a competitive world, releasing new growth drivers, investing in people, responsibly promoting innovation, and maintaining ecological limits while achieving prosperity [6] Group 2 - China's economy has achieved an average annual growth rate of approximately 5.4% over the past five years, contributing about 30% to global economic growth [9] - China is recognized as the world's largest renewable energy system and has the most complete new energy industry chain, showcasing its significant role in global economic stability [9] - The participation of China in the forum is expected to enhance the quality of discussions and contribute to constructive solutions for global challenges [9][10] Group 3 - The current geopolitical landscape is characterized by increasing fragmentation and rapid technological changes, necessitating a fair platform for diverse voices [3][4] - The World Economic Forum's 2026 Global Risk Report identifies geopolitical economic confrontation as the primary global risk, with economic risks rising sharply in the short term [3][4] - The need for collaboration is emphasized, as no single country can address the interconnected challenges of innovation, climate change, and economic growth alone [6][8] Group 4 - The dialogue between China and the U.S. is highlighted as crucial for global technological innovation and green transformation, with both countries being essential players in resolving international disputes [11] - The forum aims to foster a spirit of dialogue to counter unilateral actions and protectionist policies from certain countries, particularly the U.S. [4][10] - The call for a unified framework for sustainability and carbon footprint accounting in the solar energy sector is made to avoid green trade barriers [8]