此次联手，敏实集团将推进机器人在欧洲的本地化生产，为客户提供持续可靠的全周期服务支持，同时 敏实集团布局全球的现代化工厂将成为机器人学习与数据采集的专属实训基地，这一协同模式既推动敏 实自身智能制造升级，也为机器人行业注入珍贵的真实场景数据，加速算法迭代与技术进化。 智元欧美地区部总经理William SHI表示，目前智元全系列机器人产品已具备成熟的落地部署能力，且 能与真实产业场景深度融合。智元将持续以领先的具身智能技术，赋能德国及欧洲企业提升生产效率， 为全球产业智能化转型创造可持续价值。（文猛） 责任编辑：郭栩彤 新浪科技讯 2月25日午间消息，智元（AGIBOT）在德国慕尼黑举办发布会，宣布进入德国市场。会 上，智元发布了面向德国市场的全系列通用具身机器人产品矩阵及系统级行业解决方案，并与全球领先 的汽车外饰与结构件制造商敏实集团签署专项战略合作协议，双方将依托技术与产业资源的深度融合， 加速机器人技术在欧洲的本地化落地与规模化部署。 新浪科技讯 2月25日午间消息，智元（AGIBOT）在德国慕尼黑举办发布会，宣布进入德国市场。会 上，智元发布了面向德国市场的全系列通用具身机器人产品矩阵及系统级行业解 ...

2月25日，香港特区政府财政司司长陈茂波在立法会发表2026至2027财政年度政府财政预算案。陈茂波 表示，香港特区政府将积极推动具身智能生态圈建设及产品应用。 2月25日，香港特区政府财政司司长陈茂波在立法会发表2026至2027财政年度政府财政预算案。陈茂波 表示，香港特区政府将积极推动具身智能生态圈建设及产品应用。 ...

Summary of Conference Call Notes Industry Overview - The humanoid robot market in China is projected to reach a scale of 75 billion yuan by 2029, with a market share exceeding 30%, making China the leading country in the global humanoid robot market [3][4][5] - The robot industry is expected to transition from the concept phase (0-1) to large-scale production (1-10) starting in 2026, with major companies like Tesla and domestic leaders beginning mass production [3][11] Key Company Insights - Wanxiang Qianchao is focusing on the development of planetary roller screws and precision bearings for robots, targeting key robot users for product development [4] - Wuzhou Xinchun is prioritizing the development of embodied intelligent robots and has already launched several new products, including micro screws and linear actuators [4] - ByteDance's Seedance 2.0 is integrated into the Spring Festival Gala, enhancing the event with AI-driven content creation and interaction capabilities [4][5] Technological Advancements - The integration of AI tools in various sectors, including marketing, film, and gaming, is expected to reshape industry dynamics. ByteDance's Seedance 2.0 aims to address video generation consistency issues through multi-modal technology [5] - Companies like Fantou Digital are leveraging AI and big data to provide integrated solutions across various industries, including smart cities and intelligent manufacturing [5] Market Trends - The robot sector gained significant attention during the Spring Festival Gala, leading to increased consumer interest and sales on e-commerce platforms [3][11] - The trading volume in the market decreased by 159.1 billion yuan, with a notable reduction in the number of stocks exceeding 1 billion yuan in transaction value [11] - The robot sector is highlighted as a key area of focus, with several companies experiencing stock price increases due to heightened visibility during the festival [11][21] Notable Company Developments - Dazhu Laser is expected to see growth in its 3D printing business, while other companies are engaging in strategic acquisitions and partnerships to enhance their technological capabilities [18] - Windy Building has formed strategic partnerships to enhance its AI and 3D capabilities, focusing on cultural and technological integration [20] Investment Opportunities - The semiconductor industry is experiencing a price surge across the supply chain, presenting investment opportunities in areas such as wafer foundry and power devices [16] - The AI and robot sectors are poised for growth, with several companies showing potential for significant returns as they transition to mass production and commercialization [11][16] Conclusion - The humanoid robot market is on the verge of significant growth, driven by technological advancements and increased consumer interest. Companies in this space are strategically positioning themselves to capitalize on emerging opportunities, making it a key area for potential investment.

Core Insights - The emergence of robots at the Spring Festival Gala signifies a shift from concept to practicality, indicating a rise in product maturity and potential for the humanoid robot industry by 2026 [1] - The investment focus is shifting towards companies with mass production capabilities and cost advantages, particularly those with core technologies and mature commercial applications [1][4] Industry Dynamics - The collective practical showcase of robots at the Spring Festival is a natural outcome of the industry's development, addressing the previous pain points of having technology without market application [3] - As the industry transitions to a "scene-oriented" era, high-quality scene resources are becoming more valuable than technology itself, which is a unique competitive advantage for the company [4] Company Strategy - The strategic acquisition of Jiangsu Huibo Robot Technology Co., Ltd. by the company aligns with the core logic of industry upgrading and value reassessment, leveraging its dual-scene resources in agriculture and urban life [1][8] - The company’s robust financial fundamentals, including a cash flow of 525 million yuan and a net profit of 298 million yuan in the first three quarters of 2025, provide a solid foundation for long-term investments in technology [7] Market Positioning - The company is positioned to capitalize on high-value vertical scenes in B-end applications, such as security and data collection, which are essential for validating the economic viability of robotic technologies [6] - The dual structure of "industry testing ground + commercial transformation" creates an unreplicable competitive moat for the company, enhancing its market position [7] Future Outlook - The company’s collaboration with Huibo Robot aims to create a dual-loop system where scenes empower technology and technology benefits the industry, fostering a new growth curve [8] - Huibo Robot plans to launch two humanoid robot products by 2026, with an expected annual growth rate of over 30% in the next three years, complementing the company's scene advantages [8]

Core Viewpoint - The Guangdong High-Quality Development Conference emphasizes the coordinated development of manufacturing and service industries as a key direction for industrial upgrading and economic growth in the province [1] Group 1: Opportunities and Challenges of "Two-Industry Coordination" - Guangdong has three main advantages: a solid manufacturing base with complete industrial chains in electronics, home appliances, and equipment manufacturing; a vibrant private economy with strong digitalization willingness; and a high degree of openness as a frontier of reform and opening up [2][3] - Current challenges include insufficient penetration of productive services into manufacturing, a mismatch between high-end service supply and manufacturing upgrade needs, and a lack of tight coordination among different regions in Guangdong [2] Group 2: Key Technologies and Policy Adaptation - The main bottlenecks for technologies like low-altitude economy, autonomous driving, and embodied intelligence transitioning from labs to daily life are not technical maturity but rather institutional adaptability and scenario openness [4] - Key policy adaptations include establishing a "negative list + sandbox regulation" mechanism, creating large-scale demonstration corridors in key cities, clarifying accident responsibilities, and establishing a compliant data circulation framework [4] Group 3: Talent Introduction and Support - Guangdong's annual absorption of over one million college graduates provides essential talent support for AI ecosystem construction, technology transfer, and service innovation [5][6] - Continuous inflow of talent, especially in basic research and technical application, is crucial for long-term support of AI ecology and service innovation in Guangdong [6][7] Group 4: AI Empowerment and Economic Restructuring - AI is reshaping production and service models across various industries, with core application scenarios including digital twin factories, smart quality inspection, predictive maintenance, and flexible production in advanced manufacturing [8] - To help small and medium-sized enterprises perceive the value of AI, lightweight and low-cost AI SaaS tools should be promoted, along with subsidies for technological upgrades and policies to lower digital transformation barriers [8] Group 5: Transition from "Scientific Content" to "Economic Value" - Guangdong's "scientific content" is evident in high policy precision, strong innovation practices among leading enterprises, and an active talent ecosystem [9] - The key path to converting "scientific content" into "economic value" involves building an AI industry innovation alliance, improving the "listing and hanging" mechanism for technology transfer, and creating a talent hub for AI [9][10]

（图片来源：摄图网） 马年新春，当宇树科技的人形机器人在春晚舞台上完成后空翻、精准挥舞棍术时，全球观众见证的不仅是一 场科技表演，更是一个时代的序章。短短一年，从2025年扭秧歌的笨拙可爱，到2026年展现武术功底的灵活 矫健，国产人形机器人的运动能力与智能水平实现了跨越式提升。这个曾经只存在于科幻电影中的钢铁伙 伴，正以惊人的速度从实验室走向工厂，从科技前沿走向日常生活。 近日，清华大学智能产业研究院院长张亚勤预测，未来10年机器人数量会超过人类数量，替代人类的一些工 作。人类未来一周只需工作2天，工资不会减少甚至还会变高。 张亚勤表示："在2035年，就是10年，我们的机器人数目会超过人类的数目，超过70亿80亿，它代替了工 作，然后也会创造很多新的一些工作，我乐观认为，再过10年可能我们工作两天一周，拿的薪水不能减少， 薪水还是更高，这是一个前提。" 张亚勤预测背后折射出的是人形机器人产业正以指数级速度重构人类生产生活方式的深层现实。这种速度首 先体现在技术迭代的颠覆性节奏上——曾经需要数十年才能成熟的工业技术，如今在人工智能与高端制造的 交叉领域被压缩至以月为单位进化，机器人的运动控制能力从蹒跚学步到 ...

2月24日，华尔街见闻获悉，小鹏汽车董事长、CEO何小鹏在内部发了一封开工信，这封信的主题为"稳 进破局，2026共赴物理AI新十年" 的开工信，定调了小鹏2026年的战略方向与目标。 稳进与破局，这两个看似存在张力的词汇并列，恰恰精准勾勒出小鹏汽车当下的历史方位：既要在主流 汽车市场守住规模与质量的底线，又要在物理AI的无人区发起一场从能做到能量产的全面冲锋。 2025年，小鹏以42.94万辆交付量、同比增长126%、113%的目标完成率收官，并在纯电新势力中率先实 现百万台整车下线 。但正如他在信中所言，"过去打造了几个爆款，但这还不够" 。在这个竞争格外激 烈的行业，小鹏还需要更多筹码来驶向终局。 01 自动驾驶的"DeepSeek时刻" 何小鹏透露，整个春节他都在内测"第二代VLA（视觉-语言-动作）模型"，并用"惊艳"来形容其效果 。 这款被他视为"面向L4全自动驾驶时代交出的第一个版本"的模型，将于本季度正式推送 。 为此，小鹏还进行了组织调整。华尔街见闻从小鹏内部人士处确认，2月初，小鹏将自动驾驶中心与智 能座舱中心合并为通用智能中心。这意味着，行车决策与人机交互不再由两套逻辑分治，而是共享同一 ...

荣耀Robot Phone的此次亮相，是荣耀作为深圳市边端智能代表的企业深度参与深圳全球AI生态高地建设的具体实践。边端智能作为深圳人工智能战略的重 要支柱，正有力带动智能终端、智慧家居、可穿戴设备及具身智能机器人等产业协同发展。依托在终端智能领域的长期积累，荣耀成为深圳领先边端智能开 放研究院的关键参与方，双方携手突破传统"延长线思维"，在AI技术快速演进与生态重构中抢占先机。 近日，深圳领先边端智能开放研究院在深业上城"城市云客厅"正式揭牌，并集中呈现了该领域代表性企业的最新创新成果。 据悉，在2026年世界移动通信大会（MWC）上，荣耀将展示荣耀Robot Phone更多技术细节与应用场景，同时推出其首款人形机器人，聚焦消费市场，成为 入局人形机器人的手机公司。此次荣耀Robot Phone在深圳的拜年舞蹈秀，让业界更加期待荣耀即将在MWC上解锁的创新惊喜。展望未来，荣耀将与深圳领 先边端智能开放研究院一起，持续追踪全球科技与产业动向，把握AI技术演进与生态重塑的历史机遇。 作为边端智能领域企业，荣耀在仪式上亮相具身智能加持的AI新形态终端——荣耀Robot Phone真机。此次亮相正值春节期间，荣耀R ...

据悉，"机器人券"补贴政策专为破解龙岗制造业中小企业智能化改造痛点而设计。而其创新采用的"政 府发券、企业持券、机构服务、事后兑付"服务模式，大幅简化企业申领流程，让企业便捷享受政策红 利。 近日，南都N视频记者从深圳市龙岗区人工智能（机器人）署了解到，《深圳市龙岗区关于支持人工智 能产业引领高质量发展若干措施（修订稿）》及实施细则（修订稿）目前正在公开征询意见，时间截至 2026年3月13日。文件中有关"机器人券"的表述备受关注。 据悉，本次公开征询意见的《深圳市龙岗区关于支持人工智能产业引领高质量发展若干措施（修订 稿）》围绕人工智能产业发展关键环节进行全维度布局，核心涵盖人工智能算力要素供给、丰富数据要 素供给、支持大模型开发、推动人工智能产品首创首用等多个方面。 记者注意到，《若干措施》第十七条明确：支持企业购买、使用符合条件的机器人产品，同一企业每年 累计支持金额不超过100万元。这一举措与实施细则中的第十六条"机器人券补贴扶持"相对应。 根据实施细则，机器人券支持企业购买、使用符合条件的机器人产品。该产品须为具身智能机器人产 品，并符合相关来源要求，该机器人可由在龙岗区注册并经营的具身智能机器人生 ...

"今年春晚的人工智能含量比我的论文还高。" "春晚下机器人了？" "这哪里是机器人在练武术，分明是我的涨停板在跳舞。" …… 2026年马年央视春晚一经播出，率先冲上热搜榜的不再是对笑点、槽点、温情时刻的大盘点，而是 机器人过大年。 在春晚舞台上，宇树科技人形机器人实现了多项全球"首次"：全球第一次连续花式翻桌跑酷、第一 次弹射空翻、第一次单脚连续空翻、第一次集群快速跑位……"这一系列突破不仅刷新了人形机器人运 动表现的技术边界，也标志着其在爆发力、灵活性、协调性与可靠性方面全面迈入新高度，为机器人在 工业、服务等场景中实现全身动态操作与多机协同作业提供了可迁移的技术底座。"宇树科技有关人士 告诉《金融时报》记者。 来自魔法原子、宇树科技、松延动力、银河通用4家机器人公司的具身智能机器人同台竞技，这对 春晚而言是史无前例的，也令绝大多数观众耳目一新。 小品、武术、歌曲、贺岁微电影，4种表演形态，4家公司。机器人在春晚舞台上展现出的不只是精 准的运动控制，还有细腻的互动、情感的传递以及真正融入人类叙事语境的无限可能。 "今年的节目在动作复杂度、编排逻辑、人机交互方式等方面均有明显升级。"有专注机器人领域的 投资 ...