以下文章来源于天南AI茶馆 ，作者天南 天南AI茶馆 . 全网最有趣的全栈人形机器人博主，擅长给技术圈讲产业，给产业圈讲技术。 作者 | 天南 来源 | 天南AI 点击下方 卡片 ，关注" 自动驾驶之心 "公众号 戳我-> 领取 自动驾驶近30个 方向 学习 路线 >>自动驾驶前沿信息获取 → 自动驾驶之心知识星球 在今天，他们发布了自己的首款轮式+灵巧手产品，G1-D。 本文只做学术分享，如有侵权，联系删文 这不仅仅是战略补位。 而且， 训练完全的一条龙服务，你就提供叠衣服数据就完事了。 非常的 easy ，你甚至都不需要懂代码，门槛几乎降低到了 0 ， 对于想要骗天使轮的团队而言，简直是晴天霹雳。 # 先补一点知识 跳舞和双手操作在市场上一直都是两个流派。 以特斯拉、Fig ureAI为代 表， 这些都是死磕AI自主操作，也就是 双手 能力。 而以宇树为代表 ，更多是死磕运动控制，也就体现在 双足 能力。 那 双手操作 + 双足后空翻 都玩得好的机器人产品有吗？ 一个都没有。 这两个行业现在可以说是在并行发展，双手自主沿着模仿学习VLA进行，后空翻是沿着强化学习进行。 不过从公司的发展角度，我们可以看到一 ...

（中国经济网供稿） 未来，人形机器人仍面临诸多挑战。高精度减速器、编码器等核心零部件仍部分依赖进口；消费级人形 机器人虽以服务为卖点，但复杂任务能力不足，家务方面技术功能有欠缺，情感交流显机械，难以精准 慰藉人心；制造成本居高不下，也影响了产品的普及推广。 推动人形机器人产业健康发展并真正走向消费级市场，必须依靠多方协同努力。首先，技术创新是根本 出路，比如需要集中力量攻克人形机器人的"大脑"（智能决策）和"小脑"（运动控制）技术。其次，于 企业而言，当技术超越公众想象，信任机制建设同样是企业核心竞争力的一部分，在产品设计之初不妨 融入可升级的理念，通过软硬件迭代让早期用户也能享受到技术发展的红利。最后，政策的持续赋能不 可或缺。"十五五"规划建议中明确提出"前瞻布局未来产业"，并将"具身智能"列为新的经济增长点之 一。可以预见，人形机器人在"十五五"时期有望进入产业爆发期，成为重大的新兴增长引擎。 任何产业发展，都是在攻坚克难中前行。从实验室到生产线，从概念到量产，人形机器人正迎来黄金时 代。只要各方携手并进，坚持创新链与产业链深度融合的发展路径，围绕用户需求持续迭代，人形机器 人终将从当下的"奢侈品"变为 ...

Core Viewpoint - The development and standardization of humanoid robots in China are gaining momentum, with companies like Wuhan Gelanruo playing a significant role in shaping the industry standards, particularly in motion control technology, which is crucial for the practical application of humanoid robots [2][3][5]. Group 1: Industry Participation and Standards - Wuhan Gelanruo is actively involved in the formulation of national standards for humanoid robots, specifically in the "motion control" section, which is part of the first batch of national standards [2][3]. - The establishment of these standards is critical as it addresses the current lack of uniformity among manufacturers, which has hindered the healthy development of the humanoid robot industry [3][5]. - Several companies from Wuhan, including Chengxin Zhilian and Wuhan Huawai Ke Intelligent Technology, are also participating in the development of these national standards, showcasing the region's strength in the robotics sector [3][5]. Group 2: Technical Challenges and Innovations - The motion control of heavy humanoid robots (weighing 80-100 kg) presents significant challenges, such as maintaining balance and managing uneven joint forces during movement [4]. - Wuhan Gelanruo has made breakthroughs in this area by converting extensive real-world testing data into optimized motion control algorithms, demonstrating its technical capabilities [4]. - The "Laborer" series of humanoid robots developed by Gelanruo is one of the strongest in terms of load capacity and weight, capable of stable movement across various terrains [4]. Group 3: Future Implications and Industry Recognition - The national standards being developed will enhance the interoperability and scalability of humanoid robots, allowing consumers to use different brands without needing to relearn operational logic [5]. - Participation in the standard-setting process is seen as a recognition of the company's strength and an opportunity to influence the future direction of product development in the industry [5]. - Experts believe that companies like Gelanruo are transitioning into "rule-makers" within the industry, positioning themselves to gain a competitive edge in the global market [5][6].

Group 1 - The core viewpoint of the news is that Mingzhi Electric experienced a decline in stock price, dropping by 5.01% to 78.16 CNY per share, with a trading volume of 1.502 billion CNY and a turnover rate of 4.41%, resulting in a total market capitalization of 32.740 billion CNY [1] - Mingzhi Electric, established on July 7, 1998, and listed on May 9, 2017, focuses on research and development in the fields of motion control and intelligent power, with its core business centered around automation and intelligence [1] - The revenue composition of Mingzhi Electric includes 83.60% from control motors and their drive systems, 8.39% from trade products, 6.90% from power and lighting system control, 1.07% from equipment status management systems, and 0.03% from other sources [1] Group 2 - According to data from the top ten holdings of funds, Qianhai Kaiyuan Fund has one fund heavily invested in Mingzhi Electric, specifically the Qianhai Kaiyuan China Growth Mixed Fund (000788), which held 12,000 shares in the second quarter, accounting for 1.37% of the fund's net value [2] - The Qianhai Kaiyuan China Growth Mixed Fund (000788) has a total scale of 50.3053 million CNY and has achieved a year-to-date return of 23.6%, ranking 4426 out of 8166 in its category [2] - The fund manager of Qianhai Kaiyuan China Growth Mixed Fund is Yuan Yichun, who has been in the position for 3 years and 55 days, with the fund's total asset scale at 67.572 million CNY [3]

Core Insights - Mingzhi Electric experienced a decline of 5.27% on October 9, with a stock price of 80.18 CNY per share and a total market capitalization of 33.586 billion CNY [1] Company Overview - Mingzhi Electric, established on July 7, 1998, and listed on May 9, 2017, is located in Minhang District, Shanghai. The company focuses on research and development in motion control and intelligent power sectors, with a core business expanding in automation and intelligence [1] - The revenue composition of Mingzhi Electric is as follows: 83.60% from control motors and their drive systems, 8.39% from trade products, 6.90% from power and lighting system controls, 1.07% from equipment status management systems, and 0.03% from other sources [1] Shareholder Insights - Among the top circulating shareholders of Mingzhi Electric, Huaxia Fund's Huaxia CSI Robotics ETF (562500) increased its holdings by 678,100 shares in Q2, totaling 3.7475 million shares, which represents 0.89% of the circulating shares. The estimated floating loss today is approximately 16.7136 million CNY [2] - The Huaxia CSI Robotics ETF was established on December 17, 2021, with a current size of 14.471 billion CNY. Year-to-date returns are 40.61%, ranking 1266 out of 4221 in its category, while the one-year return is 51.95%, ranking 805 out of 3848 [2]

Industry Overview - The humanoid robot industry is expected to experience explosive growth by 2025, with a global market size projected to exceed 1.2 trillion yuan and a compound annual growth rate (CAGR) of 35% [1] - The commercialization of products like Tesla's Optimus and Boston Dynamics' Atlas signifies the transition of humanoid robots from laboratory settings to large-scale production [1] - China is emerging as a core battlefield for humanoid robot manufacturing due to its complete supply chain and AI technology accumulation [1] - Policy initiatives, such as the "14th Five-Year Plan" for intelligent manufacturing, highlight humanoid robots as a key development direction, with local governments offering subsidies up to 500,000 yuan per unit [1] Core Competitiveness - The technological barriers in humanoid robots focus on "motion control + AI interaction," with motion control relying on high-precision servo motors and bionic joint designs, while AI interaction requires advancements in multi-modal perception and decision-making algorithms [1] - Chinese companies have achieved domestic substitution in servo motors and lightweight materials, but they still depend on overseas open-source frameworks for core algorithms [1] Key Players - **Jiangsu Leili**: A leader in intelligent joints, known for producing high-precision servo motors, supplying Tesla's Optimus prototype. The company plans to increase its production capacity to 500,000 units per year by 2025 [4] - **Huazhong CNC**: Recognized as a leader in motion control algorithms, it has developed the world's first low-cost bionic joint module with 30% lower energy consumption than the industry average. A strategic partnership with Xiaomi Robotics is expected to generate over 200 million yuan in orders [4] - **Efort**: A pioneer in collaborative robots, it features a lightweight humanoid robot body weighing only 35 kg. The company secured an order for 2,000 logistics robots from a Southeast Asian e-commerce giant, with prices reduced to below 80,000 yuan [5] - **Tuosda**: A dark horse in flexible manufacturing, it acquired a German robotics company to master humanoid robot flexible assembly technology. Its smart factory in Dongguan is set to provide "hardware + system" turnkey solutions [5] - **Last Company**: An expert in extreme environment adaptation, focusing on nuclear power and deep-sea applications. It signed a 150 million yuan order for inspection robots in nuclear power plants, with a notable 4.3% stake held by social security funds [5]

Group 1 - The core viewpoint of the news is that Mingzhi Electric has seen a significant stock price increase of 5.82%, reaching 77.26 CNY per share, with a trading volume of 9.02 billion CNY and a market capitalization of 32.363 billion CNY [1] - Mingzhi Electric, established on July 7, 1998, and listed on May 9, 2017, focuses on the research and development of core technologies and system-level solutions in the fields of motion control and intelligent power [1] - The company's main business revenue composition includes: 83.60% from control motors and their drive systems, 8.39% from trade products, 6.90% from power and lighting system control, 1.07% from equipment status management systems, and 0.03% from other sources [1] Group 2 - In terms of fund holdings, the Invesco Great Wall Fund has a significant position in Mingzhi Electric, with the Invesco Great Wall National Robot Industry ETF (159559) holding 296,900 shares, accounting for 3.19% of the fund's net value, making it the eighth largest holding [2] - The Invesco Great Wall National Robot Industry ETF (159559) was established on November 30, 2023, with a latest scale of 535 million CNY, and has achieved a year-to-date return of 40.59% [2] - The fund has a one-year return of 100.03%, ranking 581 out of 3,814 in its category, and a since inception return of 47.9% [2]

Group 1 - The company conducted a specific investor survey on September 12, 2025, with 16 institutions participating, focusing on robotics, semiconductor equipment, and CNC machine tools [1] - The company is leveraging opportunities in the booming robotics market, aiming to develop high-value scenarios and achieve a commercial closed loop [1] - Current revenue from robotics is approximately 10 to 20 million yuan, primarily from industrial and logistics robots [1] Group 2 - The company has a long-standing presence in the semiconductor equipment sector, with current revenue contribution around 14%, facing challenges in front-end equipment due to long customer certification cycles [1] - In the high-end CNC machine tool market, the company has achieved over 30% revenue share, with recent breakthroughs in micron-level precision and five-axis linkage processing [1] - The company maintains a research and development investment of about 20% of revenue, focusing on core technologies in motion control and servo systems [1]

Core Insights - The company, Estun, has established a comprehensive autonomous layout across the entire industry chain, from core components to complete industrial robots, system integration, and smart factory solutions [1] Group 1 - The company focuses on motion control, robotics, and digitalization to provide leading global automation and intelligent solutions [1] - Estun emphasizes the importance of strengthening core technologies and ensuring supply chain autonomy and controllability in its business development model [1] - The company has built a competitive advantage across technology, quality, cost, service, and brand [1]

Summary of Conference Call on Humanoid Robotics and Motion Control Industry Industry Overview - The focus of the humanoid robotics industry is shifting towards software, particularly in the general humanoid robot sector, where software rather than hardware is becoming the core pain point, presenting investment opportunities [1][2] - The control system of humanoid robots is divided into "brain" (computing platform) and "cerebellum" (motion control), with rapid iterations in brain technology increasing demands for response speed and control precision in the cerebellum, thereby enhancing its value [1][3] Key Points and Arguments - Modern humanoid robot motion control employs a decentralized multi-level structure, connecting multiple MCUs under a central motion controller to balance computational load and reduce latency, integrating SoC or PCB for efficient motion control [1][6] - Future humanoid robots will emphasize extreme performance, leading to the emergence of independent cerebellums (motion control platforms) that work in conjunction with the brain for comprehensive driving, with significant growth potential and increasing value [1][8] - The control method for humanoid robots is evolving from pre-programmed instructions in industrial robots to a combination of large language models and visual modules, mapping task instructions to action requirements, which reduces computational demands and energy consumption while improving response speed and efficiency [1][11] Additional Important Insights - The transition from industrial robots to humanoid robots involves a significant change in overall control methods, with modern humanoid robots utilizing large language models (VLA) and visual modules for object recognition and task understanding, thus enhancing efficiency [1][11] - The cerebellum's role is becoming increasingly important as the performance of the brain improves, with future trends indicating a shift towards smaller models that can operate at higher frequencies (100 Hz to 1,000 Hz), matching the high demands of industrial motion control systems [1][16] - Companies with competitive advantages in the motion control field include Gu Gao, Lei Sai, and Hua Zhong, showcasing strong capabilities in multi-axis linkage control, high-precision error compensation, and low-latency performance [1][22][23] - Notable listed companies to watch include Gu Gao, Hua Zhong Ke De, Lei Sai, Tuo Si Da, Ai Si Dun, and Ai Fu Te, which have the potential to develop intelligent workstation architectures and become significant suppliers for third-party cerebellum solutions [1][25]