发展机器人产业的目的是"服务于人"。相比单纯的"炫技"，公众更期待机器人能亮出真正的"硬核功 夫"，切实解决生产制造、生活服务中的实际问题。如何实现？这既有赖于技术突破与产业链支持，也 需政策与标准协同推进，更呼唤社会各界给予更多耐心与理性期待。这条路不容易走，却足够务实，需 要各方携手并进。 业界普遍预测，2026年至2028年具身智能有望实现快速落地。目前，国内已构建完整的人形机器人产业 链，工业巡检与物流、商业服务与导览、家庭陪伴与护理三大场景。相信随着技术日益成熟、场景持续 丰富，人形机器人终将走进千家万户、服务千行百业，成为我们生活中的重要一员。或许有一天，我们 可以在家里和人形机器人一起看春晚、迎新年。（中国经济网评论员 梁瑜） 经济日报-中国经济网评论理论频道开放投稿，原创评论、理论文章可发至cepl#ce.cn（#改为@）。详见 经济日报-中国经济网评论理论频道征稿启事。 （责任编辑：年巍) 从"能跳舞"到"会干活"，产业超预期迭代演进，靠的是硬实力。攻克大模型、一体化关节、算力芯片等 核心技术，"青龙""天工"等开源公版机与"开物"操作系统相继问世，为产业发展筑牢技术根基。政策赋 能则为产业 ...

Group 1 - Yushu Technology has announced its partnership with CCTV for the 2026 Spring Festival Gala, marking its third collaboration following the 2021 and 2025 events [1][2] - The company aims to showcase cutting-edge robotic technology on a global stage during the gala [1] - Previous collaborations included the debut of the robotic cow "Benben" in 2021 and the humanoid robot "YangBOT" in 2025, which utilized AI training and laser SLAM positioning systems [2] Group 2 - Yushu Technology's humanoid robot shipments have become globally leading, with over 5,500 units shipped in 2025 and a total production exceeding 6,500 units [2] - Humanoid robots account for 32% of the global market share, indicating a significant presence in the industry [2] - The company's robots are also widely applied in industrial scenarios, such as logistics and inspection [2]

Core Viewpoint - The "Xizi" train service is enhancing its offerings for the upcoming 2026 Spring Festival travel season by introducing new services and amenities, including the integration of a robot assistant to improve passenger experience [1][2]. Group 1: Service Enhancements - The "Xizi" train has upgraded its service with a new robot assistant from Yushu Technology, which will assist in welcoming passengers and conducting inspections in the train carriages [1]. - The service upgrade includes the introduction of an "Emergency Treasure Box" containing over 40 items such as warm packs, motion sickness medication, and children's masks [1]. - A temporary nursing station has been set up with inflatable mats, providing convenience for over 200 mother-infant families [1]. Group 2: Passenger Comfort - A "Quiet" carriage has been established to cater to the demand for a comfortable travel experience, where staff will guide passengers to maintain silence and provide free "quiet packs" with activities for children [1]. - Amenities such as embroidered pillows and blankets featuring a new logo are provided to enhance the feeling of a "mobile home" during travel [1]. Group 3: Cultural Engagement - The "Xizi" train will host a "New Year Cultural Carriage" event during the Spring Festival, featuring performances by a robot assistant and traditional art activities for passenger interaction [1][2]. - Passengers will receive customized "Fu" characters and couplets, enriching the cultural experience during their journey [1].

Market Overview - The major indices showed mixed performance with the ChiNext Index up by 1.27%, the STAR Market 50 Index up by 0.12%, while the North Exchange 50 Index down by 0.29%, the Shenzhen Component Index down by 0.66%, and the Shanghai Composite Index down by 0.96% [1] - The TMT sector led the gains with SW Communication Cables and Accessories up by 6.11%, SW Communication Network Equipment and Devices up by 4.91%, and SW Film and Animation Production up by 2.16% [1] - Conversely, the TMT sector also saw declines with SW Horizontal General Software down by 2.68%, SW Vertical Application Software down by 2.37%, and SW Brand Consumer Electronics down by 2.15% [1] Domestic News - In the semiconductor materials and processes sector, Powerchip Semiconductor Manufacturing Corporation (PSMC) announced it will stop accepting orders by Q2 2026, focusing on core technologies like memory and power management [2] - Tianjin New Unisplendour's new computing architecture project has begun chip production, with expected annual shipments reaching thousands of chips and a projected sales scale of 500 million to 1 billion yuan by 2027 [2] - Yintai Technology plans to acquire 100% of Guanglong Integrated and Aojian Microelectronics to enhance its semiconductor industry chain and accelerate its IDM transformation [2] - Meixin Sheng's acquisition of Xinyan Microelectronics aims to enter the magnetic sensor field, enhancing its technology system for environmental perception and multi-modal sensing [2] Overseas News - STMicroelectronics reported a sales increase in Q4 due to rising demand for chips in personal electronics, communication devices, and industrial machinery, although automotive sector performance was below expectations [3] - Counterpoint Research forecasts Apple's Q4 2025 revenue to grow by 16% to $144 billion, driven by a strong iPhone upgrade cycle, with iPhone revenue up by 23% [3] - Texas Instruments expects significant growth in the data center market, with annual revenue projected at $1.5 billion, a 64% year-on-year increase, driven by cloud computing and AI server demand [3] - Kioxia and SanDisk extended their joint venture agreement for the Yokkaichi plant for five more years, committing to the development of 3D flash memory technology [3] AI Insights - Kunlun Wanwei launched the open-source SkyReels-V3, achieving advanced visual quality and instruction adherence in a unified multi-modal context learning framework [4] - Apple completed the acquisition of Israeli AI audio startup Q.ai, which specializes in detecting facial micro-movements for emotion and health monitoring [4] - Samsung confirmed the launch of next-generation AR glasses in 2026, integrating multi-dimensional interaction methods [4] - MiniMax released the Music2.5 music generation model, supporting various music styles and providing AI-assisted tools for music creation [4] Industry Tracking - The China Aerospace Science and Technology Corporation successfully tested a 240-ton reusable rocket engine, achieving international leading performance [5] - Yushut Technology released the open-source UnifoLM-VLA-0 model aimed at humanoid robot operations, enhancing physical interaction capabilities [5] - Gestalt Technology signed a strategic cooperation agreement with Fourier to advance brain-computer interface technologies [5] - Beidi New Materials' polymer film manufacturing project has achieved mass production, aligning with national new materials strategy [5] Earnings Forecast - Zhongke Feimeasure expects 2025 revenue between 1.95 billion to 2.15 billion yuan, a year-on-year growth of 41.27% to 55.75% [6] - Obi Optical anticipates 2025 revenue of 940 million yuan, a 66.53% increase, with a net profit of 123 million yuan [7] - Jiangfeng Electronics forecasts a net profit of 431 million to 511 million yuan for 2025, a year-on-year increase of 7.5% to 27.5% [7] - Xinyi Sheng expects a net profit between 9.4 billion to 9.9 billion yuan for 2025, a significant increase of 231.24% to 248.86% [7]

【万元机器人、机器狗能用来干什么？销售：目前以表演为主】随着机器人技术的发展，多款消费级机 器人、机器狗面市，除了线上外，线下门店也开始销售，价格普遍过万。比如宇树科技的一款机器狗售 价19669元，一款表演型人形机器人售价近3万元。#人形机器人##机器狗# 那么，市场上的机器人、机 器狗都有哪些功能？宇树科技线下门店销售人员告诉记者，目前门店销售的机器狗和机器人均无做家务 功能，主要用来玩儿。比如，机器狗可以进行人机交互对话、陪伴跑步等，人形机器人可以用来表演。 #宇树科技##宇树成为2026春晚机器人合作伙伴# 这种万元的科技潮玩，你会买吗？（中国商报记者 蒋 永霞）#机器人再登春晚# 转自：中国商报 （来源：中国商报） ...

据宇树科技消息，其人形机器人G1在新疆阿勒泰完成了全球首次-47.4℃极寒环境下的自主行走挑战，累计自主行走13万步，成功打破人形机器人极端低温 作业的技术壁垒。此前，宇树科技还成为2026年央视春晚机器人合作伙伴。据宇树科技透露，2025年人形机器人出货量超5500台，全国首店落地北京。 财经频道更多独家策划、专家专栏，免费查阅>> 责任编辑：山上 ...

Investment Rating - The industry is rated as "Buy" with expectations of a price increase exceeding 15% over the next 3-6 months [45] Core Insights - The robotics industry is experiencing accelerated growth, with Tesla's third-generation robot set to be released soon, and multiple robotics companies showcasing their products at the Spring Festival Gala [2] - The establishment of the "Embodied Intelligence Laboratory" by AsiaInfo and ABB Robotics marks a significant step in the collaboration between manufacturing and computing giants [3] - The year 2026 is identified as a critical milestone for humanoid robots, with mass production expected to begin, leading to a significant increase in output and application scenarios [4] Summary by Sections Industry Dynamics - The robotics sector is transitioning from policy guidance to commercial implementation, which is expected to drive long-term development in the embodied intelligence industry [10] - The successful connection of humanoid robots to satellites and the establishment of a testing platform in Beijing signify substantial advancements in the industry [11] Main Body - Four robotics companies, including Galaxy General and Yuzhu Technology, will collaborate for the 2026 Spring Festival Gala, showcasing various robotic technologies to the public [29] - Yuzhu Technology has open-sourced its general humanoid robot operation model, enhancing spatial perception capabilities and enabling robots to perform multiple tasks [25] Core Components - The "Embodied Intelligence Laboratory" established by AsiaInfo and ABB Robotics aims to integrate communication, automation, and AI technologies to foster innovation in the robotics field [37] - Fourier has launched a comprehensive solution for rehabilitation scenarios, demonstrating the industry's focus on specialized applications [40]

这是当下火热一幕：近日，星海图、众擎机器人相继完成股改。同一天，魔法原子也宣布正推进上市进 程。 一天时间，三个具身智能IPO浮现。 更早之前，宇树科技已经完成上市辅导，还有乐聚智能、云深处等明星企业均已向IPO发起冲刺。经历 一级市场火热融资阶段，上市开始成为大家抢占先机的关键筹码。目之所及，大家开始抢占上市先机。 另一边，半个月后的春晚舞台，将成为宇树们一个"超级路演舞台"。2026年，热闹就这样开始了。 2026，具身排队IPO 与星海图不同，众擎机器人聚焦双足机器人。年初，众擎机器人完成全球首例人形机器人前空翻，打破 了人们对机器人"僵硬"的刻板印象。此前自家"T800机器人踹翻创始人"的视频在网络走红，更是直接让 众擎机器人火出圈。 相比之下，同样传出IPO消息的魔法原子低调得多。官网显示，魔法原子成立于2024年1月，来自无 锡，创始人吴长征，正是前小米机器人负责人。1月23日，中央广播电视总台与魔法原子联合宣布，后 者成为总台《2026年春节联欢晚会》智能机器人战略合作伙伴，旗下机器人将登上春晚舞台。很快，魔 法原子联合创始人顾诗韬也明确对外表示，公司上市进程正加速推进。 不过，最受关注的IPO ...

Core Viewpoint - The article discusses the competitive landscape of companies in the embodied intelligence sector as they rush to complete IPO preparations, highlighting the significance of upcoming events like the Spring Festival Gala as a platform for visibility and potential investment opportunities [2][3][11]. Group 1: IPO Developments - Companies such as Xinghaitu and Zhongqing Robot have recently completed their share reform, signaling their readiness for IPOs [4][5]. - Yushuzhijia, a notable player in the sector, has been leading the IPO race, having initiated its guidance process in July 2025 and is now preparing for a domestic IPO [6][7]. - Other companies like Leju Intelligent and Yundongchu have also begun their IPO preparations, indicating a broader trend of companies in the embodied intelligence space seeking to go public [7]. Group 2: Company Highlights - Xinghaitu, founded in September 2023, focuses on full-size humanoid robots and has recently restructured as a joint-stock company, a common precursor to an IPO [4][5]. - Zhongqing Robot, established by a former leader of the Xiaopeng Robot team, has made headlines for its achievements in bipedal robotics, including a groundbreaking front flip [5]. - Magic Atom, founded in January 2024, is also accelerating its IPO process and has partnered with major media for the 2026 Spring Festival Gala, enhancing its visibility [6][12]. Group 3: Investment Trends - The past year has seen significant financing activity in the embodied intelligence sector, with Yushuzhijia raising over 10 billion RMB in its C round led by major investors [8][9]. - Galaxy General has set records with approximately 800 million USD in cumulative financing, reflecting strong investor interest in the sector [9][10]. - The article notes that over 150 humanoid robot companies are currently operating in China, indicating a rapidly growing market [10]. Group 4: Spring Festival Gala as a Platform - The Spring Festival Gala is becoming a critical stage for humanoid robot companies, with several firms vying for prominent appearances, which could lead to increased commercial opportunities [11][12]. - Companies like Magic Atom and Galaxy General are confirmed participants, with the event expected to showcase the practical applications of humanoid robots [12][13]. - The competition for visibility at the Gala is likened to a pre-IPO roadshow, as companies aim to attract investment and commercial partnerships [11][13].

春晚的商业价值早已被互联网巨头验证。2015年微信支付以5亿元红包首战春晚，一夜完成支付宝8年积 累的用户绑卡量；2016年支付宝以8亿元反击，此后百度、快手、京东等企业轮番登场，独家赞助费水 涨船高。2019年百度为春晚投入的营销费用超16亿元，2022年京东的赞助费达2亿元，叠加红包发放后 总投入超10亿元。 然而，2026年春晚的赞助逻辑发生根本性转变。当阿里、京东等互联网巨头开始审视投入产出比时，具 身智能企业却以"组团"形式接棒成为主角。据业内人士透露，此次春晚机器人赞助总金额达5亿元，由 宇树科技、银河通用等5家企业分摊，每家实际支出约1亿元。部分企业甚至以股权或资源置换形式参 与，央视融媒基金的身影也出现在多家机器人企业的融资列表中。 2026年央视春晚的舞台上，一场前所未有的科技盛宴正在上演。宇树科技、银河通用、魔法原子、松延 动力等具身智能企业携多款人形机器人集体亮相，武术、舞蹈、小品等节目轮番登场，金属机械与传统 文化碰撞出别样火花。这场被外界称为"机器人狂欢"的表演背后，是每家企业高达1亿元的"出场费"投 入，以及行业洗牌前夜的激烈博弈。 这场"蚂蚁接棒大象"的戏码，折射出科技产业的风向 ...