Core Insights - Midea Group and Inovance Technology have signed a strategic cooperation agreement focusing on smart elevators, industrial robots, low-carbon parks, and digitalization [1][2] - The collaboration aims to leverage technology as a core driver for breakthroughs in core technologies and upgrades in high-end manufacturing [1] - The partnership will create a model for industrial cooperation based on "technology complementarity - scene implementation - ecological synergy" [1] Technology Complementarity - The focus will be on integrated control systems for elevators, promoting technological advancements and the intelligent transformation of the elevator industry [1] - Both companies will engage in deep cooperation in research and development and ecological collaboration in relevant business areas [1] Robotics Development - The partnership will advance the integration of AI in industrial robots and promote the development of humanoid robots [1] - Joint efforts will focus on core technologies such as joint drive and motion control to transition humanoid robots from laboratory settings to industrial applications [1] Green and Low-Carbon Initiatives - Midea Group will utilize its comprehensive service capabilities in green energy to provide customized green solutions for Inovance Technology's office and industrial facilities [1] - The collaboration aims to create benchmark cases for low-carbon transformation in the industry, covering key products like HVAC systems, industrial heat pumps, and magnetic levitation chillers [1]

在汽车工业这一国家战略性产业中 ，喷涂环节长期被 ABB 、发那科 、 Durr 、安川 等国外机器人垄断，国 产机器人在汽车整车喷涂领域的市场占有率曾长期为 " 0 " 。 这一 垄断 局面，直到埃夫特与天津铭捷的联手合作 宣告 彻底打破 ！ 双方凭借自主创新的技术突破，不仅 打造出全国产化汽车喷涂解决方案， 更成功将这套 解决方案 应用于海外汽车 客户 工厂， 实现了国产汽车 喷涂装备从 " 能用 " 到 " 好用 " 再到 " 出海 " 的跨越式发展。 汽车喷涂，是机器人应用领域 " 皇冠 顶端的 明珠 " 。相较于通用工业喷涂，汽车整车喷涂对 机器人可靠性 和稳定性 、工艺 稳定 性 和易用性 、防爆 和安全 性能的要求达到 机器人 行业顶尖水平 。 长期以来，国 外 喷涂机器人 品牌凭借成熟的技术体系和完整的产业链配套，牢牢占据着全球市场。 尤其是在喷涂机器人 整机 、 雾化器等工艺设备 、离线编程软件 、喷涂工艺包 等核心环节，国内 机器人 企业始终面临 " 卡脖子 " 困境。 近期 ，埃夫特与铭捷 联合举行产品开放日，联合发布喷涂机器人和喷涂工艺设备产品，正式宣布这家 海外 汽车客户喷涂机器人生 ...

证券日报网讯12月4日，埃斯顿（002747）在互动平台回答投资者提问时表示，轻量化是工业机器人行 业未来发展的趋势，工业机器人的轻量化设计可以降低机器人本体自重，提高机器人的精度和灵活性。 公司机器人本体关节外壳的工艺和技术参数因客户需求不同而有所差异，公司将在材料研发、生产工艺 改进、产品设计等方面加大投入，进而提升产品的附加值和竞争力。 ...

行 行业月报 业 研 究 继续关注工程机械、机器人板块投资机会 ——机械设备行业 12 月投资策略展望 分析师： 宁前羽 SAC NO： S1150522070001 2025 年 12 月 4 日 机械设备 投资要点： 行情回顾 宁前羽 ningqy@bhzq.com 022-23839174 重点品种推荐 | 中联重科 | 增持 | | --- | --- | | 恒立液压 | 增持 | | 捷昌驱动 | 增持 | | 豪迈科技 | 增持 | 近半年行业指数走势图 2025 年 11 月 2 日-2025 年 12 月 2 日，沪深 300 指数下跌 1.86%，申万机 械设备行业下跌 3.67%，跑输沪深 300 指数 1.81 个百分点，在申万所有一级 行业中位于第 24 位。 截至 2025 年 12 月 2 日，申万机械设备行业市盈率（PE，TTM）为 43.59 倍，相对于沪深 300 的估值溢价率为 210.68%。 个股方面，涨幅居前的有大鹏工业（517.22%）、精创电气（330.74%）、航 天动力（57.78%）、华丰股份（42.90%）、工大高科（36.76%），其中大鹏 工业 11 ...

江海证券指出，机床行业需求随新能源汽车、低空经济等新兴产业快速发展而释放，2025年10月金属切 削机床累计产量同比+14.80%，出口金额同比+17.60%，均价提升26.81%，显示高附加值产品占比提 高。未来中高端机床出口规模有望稳步扩张，推动企业盈利改善。工业机器人产销保持较快增长，1-10 月产量同比+28.80%，销量同比+42.51%，但出口均价同比-11.81%，或与调价策略有关。随着全球经济 复苏及新兴产业需求释放，国内企业将受益于行业增长。11月制造业PMI为49.2%，较上月升0.2个百分 点，生产指数持平临界点，需求与用工景气度小幅改善。 （文章来源：每日经济新闻） 工业母机ETF（159667）跟踪的是中证机床指数（931866），该指数从沪深市场中选取涉及整机制造、 数控系统及关键零部件等业务的上市公司证券作为指数样本，涵盖机械设备、电子、新能源与机器人等 行业，以反映中国机床产业链相关上市公司证券的整体表现和发展趋势。 ...

东京股市日本工业机器人股大幅上涨。 ...

Core Viewpoint - The article emphasizes the launch of the upgraded humanoid robot "ATOM01" by the company, which aims to address the challenges in the manufacturing industry by providing a flexible, reliable, and efficient automation solution that enhances productivity and reduces labor costs [1][12]. Group 1: Addressing Pain Points - The manufacturing industry faces significant challenges, including labor shortages and the need for quick, diverse production, which traditional automation struggles to meet [2]. - ATOM01 is designed as an "industrial-grade application" to serve as a "super employee" on production lines, addressing the bottlenecks in industrial operations with a transformative and calculable solution [2]. Group 2: Technological Evolution - The humanoid design of ATOM01 allows for seamless integration into existing factory setups, eliminating the need for extensive modifications to production lines [4]. - The robot features a 7-degree-of-freedom bionic arm and 27 degrees of freedom for intelligent coordination, enabling it to perform complex tasks with precision and adaptability [5]. - An upgraded high-rigidity Stewart parallel waist structure enhances stability and flexibility, allowing the robot to perform high-torque precision assembly and large-range movements effectively [6]. Group 3: Advanced Perception and Control - ATOM01 boasts industry-leading environmental understanding through a perception system that combines laser radar and stereo vision, enabling it to navigate complex environments autonomously [8]. - The robot achieves microsecond-level response precision through a multi-level closed-loop control architecture, enhancing the quality and consistency of its operations [9]. Group 4: Economic Value and Future Outlook - The economic benefits of ATOM01 are evident, as its annual comprehensive cost is projected to be lower than the total annual labor costs of the positions it replaces, transforming labor costs into predictable fixed asset investments [12]. - The robot's versatility as a highly adaptable automation platform allows it to be repurposed across different production lines, mitigating the depreciation associated with traditional specialized equipment [13]. Group 5: Practical Evolution and Value Co-creation - The release of ATOM01 marks a significant milestone in the company's transition from technological exploration to scalable value delivery, focusing on addressing industry pain points and creating a solid commercial value loop [15]. - The company envisions ATOM01 as a production partner that combines human intelligence, machine endurance, and adaptability, aiming to enhance production efficiency and liberate workers from monotonous tasks [15].

德国的制造业企业现在要么等着被中国企业收购，要么就在把生产线往中国搬的路上。这个说法虽然略 显夸张，但也让我们可以更加坚定的看好中国制造的未来。 现在能看到的最新数据是今年前四个月，德国对华投资增长了12.3%，而且有非常多非常亮眼的大项 目。比如，巴斯夫砸 100 亿欧元在湛江建一体化基地，宝马豪掷 150 亿在沈阳建首个数字化工厂，大众 在安徽投168亿建MEB工厂，年产能直奔35万辆。就连被吹成 "不可替代" 的蔡司光学，也乖乖跑到苏 州安家落户。今年前两个月，德国来华投资企业数量飙升 54.7%，远超外国来华投资整体 5.8% 的增 速。 为什么这么说呢？ 德国可是公认制造业强国，技术家底非常厚，但2025年上半年，德国制造业企业破产的数量同比飙升了 17.5%，特别是德国的经济支柱和国家名片的汽车制造业，在8月份的出口同比暴跌24%。今年德国车企 的业绩更是一落千丈，豪车保时捷的利润都跌没了，对一部分德国企业来说，能被中国企业收购已经成 了他们最大的盼头，否则可能就要破产了。 今年5月，那个曾经是德意志民族骄傲，生产克虏伯大炮的克虏伯钢铁厂在向绿色转型压力和不断飙升 的能源成本双重夹击下，终于撑不住 ...

AI当场分析传感器收集的数据并反映在现实动作中的"物理AI"正在普及，机器人有望理解周 围环境，自主行动或进行细致的工作，发那科与英伟达将在这一领域展开合作…… 世界最大的工业机器人企业发那科12月1日宣布，将与美国半导体巨头英伟达展开合作。将在 工厂用机器人上搭载人工智能（AI），使机器人可以在理解人类语言的基础上工作。在AI自主 控制机器人和机械的"物理AI"迅速改变竞争环境的情况下，发那科与AI半导体的王者联手， 争取从防御转为攻势。 发那科1日在东京都内召开的技术发布会上宣布了上述消息。借助英伟达的嵌入式计算系统， 机器人可以理解人类的指示，做出适当的动作。将在虚拟空间中的工厂推进AI学习，使"聪明 的机器人"能够更快地部署到现实工厂。 将支持开源，使全球的开发人员能够开发和使用驱动机器人的程序。发那科社长兼首席执行 官（CEO）山口贤治表示，"将（在机器人上）搭载全世界的智慧"。 在物理AI方面，软银集团（SBG）10月宣布，以53.75亿美元收购瑞士工业巨头ABB的机器 人业务。软银集团会长兼社长孙正义表示，"将（超越人类智能的）超级人工智能（ASI）与 机器人技术相结合，不断实现开创人类未来的划 ...

Core Viewpoint - Fanuc Corp. is collaborating with Nvidia to integrate its ROBOGUIDE robot simulation software with Nvidia's physical AI engine, marking a significant shift from traditional automation to a focus on intelligent industrial robotics and physical AI platforms [1][5]. Group 1: Collaboration Details - The partnership aims to enhance virtual simulation and real production line integration, strengthening Fanuc's position in high-end industrial manufacturing [1]. - Fanuc is integrating Nvidia's open-source robot simulation framework into its software system to facilitate virtual operation testing for its industrial robots [2]. Group 2: Market Context and Implications - The collaboration comes amid increasing competition in Japan's industrial robotics sector, particularly with SoftBank's planned acquisition of ABB's robotics division, which poses a direct challenge to Fanuc's core business [3]. - Analysts suggest that industries heavily reliant on manual labor, such as logistics, food, and automotive assembly, will be the first beneficiaries of the new wave of AI-driven industrial robotics [2][3]. Group 3: Future Outlook - The evolution towards a "physical AI" platform signifies a shift in the value chain from hardware sales to a model that includes hardware, computational power subscriptions, digital twin/simulation software, and AI model services [2]. - Nvidia's Isaac Sim is positioned as a core component of the physical AI technology stack, enabling robots to perceive, reason, and act in the real world [4].