每经AI快讯，有投资者在投资者互动平台提问：请问公司现在有人形机器人订单了吗？ 双林股份（300100.SZ）1月12日在投资者互动平台表示，尊敬的投资者，您好。公司积极对接国内外人 形机器人领域相关客户，与客户以灵活多样的模式开展战略合作，目前已取得显著进展。其中，机器人 用滚珠及滚柱丝杠已开发63款产品，3个客户，关节模组已开发29款产品，13 个客户，装机验证获得客 户充分认可。上述部分产品已获得营收，但还未取得批量定点，对公司的业绩影响不大，请投资者注意 风险。上述产品技术验证的持续推进为后续订单的获取提供了支撑。具体订单情况请以公司公告为准， 感谢您的关注。 （文章来源：每日经济新闻） ...

（编辑 楚丽君） 证券日报网讯 1月12日，双林股份在互动平台回答投资者提问时表示，公司积极对接国内外人形机器人 领域相关客户，与客户以灵活多样的模式开展战略合作，目前已取得显著进展。其中，机器人用滚珠及 滚柱丝杠已开发63款产品，13个客户，关节模组已开发29款产品，13个客户，装机验证获得客户充分认 可。上述部分产品已获得营收，但还未取得批量定点，对公司的业绩影响不大。上述产品技术验证的持 续推进为后续订单的获取提供了支撑。具体订单情况请以公司公告为准。 ...

证券日报网讯 1月12日，万里扬在互动平台回答投资者提问时表示，公司在人形机器人方面的产品，包 括谐波减速器、行星减速器、无刷电机及控制器等品类的单品和关节模组等，目前正在积极开展与多家 国内主流人形机器人厂家的技术交流以及其他相关工作。 （文章来源：证券日报） ...

证券日报网讯1月12日，万里扬（002434）在互动平台回答投资者提问时表示，公司在人形机器人方面 的产品，包括谐波减速器、行星减速器、无刷电机及控制器等品类的单品和关节模组等，目前正在积极 开展与多家国内主流人形机器人厂家的技术交流以及其他相关工作，推动尽快送样测试以及批量化配套 供应。 ...

证券日报网讯1月9日，微光股份（002801）在互动平台回答投资者提问时表示，机器人(人形机器人)核 心零部件是公司打造的战略板块，已取得初步成效，公司已和较多的机器人(人形机器人)公司建立了合 作关系，伺服电机销售收入已超亿元，无框力矩电机、关节模组等已对外销售，具体客户名单不便披 露。 ...

每经AI快讯，微光股份（002801.SZ）1月9日在投资者互动平台表示，机器人（人形机器人）核心零部 件是公司打造的战略板块，已取得初步成效，公司已和较多的机器人（人形机器人）公司建立了合作关 系，伺服电机销售收入已超亿元，无框力矩电机、关节模组等已对外销售，具体客户名单不便披露。 （文章来源：每日经济新闻） ...

Group 1 - The article highlights the company's strategic positioning in the AI server market through its multi-business lines, including AI server cooling, high-speed connectors, and optical modules, which are expected to drive significant growth [1] - The company is also expanding its presence in the precision transmission market through robotics, leveraging its comprehensive layout in motors, reducers, joint modules, and control algorithms, showcasing a high degree of self-manufacturing capability for core components [1]

Investment Rating - The report provides a "Buy" rating for several key stocks in the financial and manufacturing sectors, including China Resources Land and Nanjing Bank, among others [12][19][53]. Core Insights - The report highlights the financial and manufacturing industries' investment outlook for January 2026, emphasizing the need to focus on companies with strong fundamentals and growth potential amid economic pressures [6][8][10]. - It identifies specific sectors such as real estate, non-bank financials, banking, new energy, machinery, military industry, light industry, and environmental protection as areas of interest for investment [8][10][21][32][36][43]. Summary by Sector Real Estate - The real estate sector faces increasing downward pressure, necessitating policy easing. Key companies like China Resources Land are highlighted for their strong operational capabilities and cash flow stability [11][12][53]. Non-Bank Financials - The non-bank financial sector is expected to benefit from policy support and high market trading volumes, with companies like New China Life Insurance showing strong growth potential [16][17][53]. Banking - The banking sector is viewed positively, with a focus on large banks and city commercial banks, particularly Jiangsu Bank, which is noted for its attractive valuation and growth prospects [18][19][53]. New Energy - The new energy sector is at a turning point, with companies like Sungrow Power Supply and Slin Smart Drive recommended for their growth potential in solar and energy storage technologies [21][23][53]. Machinery - The machinery sector is encouraged to focus on AI and robotics, with companies like Hengli Hydraulic and Ding Tai High-Tech identified for their growth opportunities in traditional and emerging markets [25][30][31][53]. Military Industry - The military sector is expected to see growth from military-to-civilian transitions and military trade, with AVIC Xi'an Aircraft Industry Company highlighted for its potential in the domestic and international markets [32][34][53]. Light Industry - The light industry is advised to focus on overseas manufacturing and new consumer opportunities, with companies like Yingke Medical and Meiyin Sen noted for their growth in international markets [36][40][53]. Environmental Protection - The environmental sector is poised for growth through overseas expansion and rising metal prices, with companies like Weiming Environmental and Ice Wheel Environment recommended for their strong market positions [43][48][51][53].

Core Insights - The humanoid robot industry is approaching a pivotal moment, with significant advancements showcased at CES 2026, highlighting its central role in global technological competition and industrial transformation [1] - The humanoid robot concept index has risen by 12.92% since December 17, 2025, indicating a positive market trend [1] - Analysts predict a broad market potential for embodied robots, with continuous technological breakthroughs and successful commercialization efforts [1] Industry Developments - CES 2026, held in Las Vegas from January 6 to 9, 2026, featured humanoid robots as a key focus, with significant participation from leading global companies [1] - NVIDIA's CEO announced that the robotics field has entered its "ChatGPT moment," emphasizing the shift towards "general-specialized" robots that combine broad knowledge with specialized skills [1] - NVIDIA introduced new models aimed at enhancing robots' understanding of physical properties and spatial relationships [1] Application Scenarios - LG showcased the CLOiD household robot capable of performing various domestic tasks, while Boston Dynamics announced the mass production of its Atlas humanoid robot, set to be deployed in Hyundai's factories starting in 2026 [2] - Numerous domestic humanoid robot manufacturers, including Yushu Technology and Zhiyuan Robotics, presented their latest products at CES 2026, indicating a strong domestic presence in the market [2] Industry Chain Collaboration - A-share listed companies are actively positioning themselves across different segments of the humanoid robot industry, leveraging their technological expertise for diversified development [3] - Key components such as precision reducers and servo systems are being tested and developed by companies like Haozhi Electromechanical and Tongda Power, indicating a focus on enhancing core robotic technologies [3] Market Analysis - The Chinese embodied intelligent robot market is experiencing rapid growth, driven by policy, capital, and industry chain support, transitioning from "technological breakthroughs" to "value realization" [4] - Analysts suggest that the humanoid robot sector will see significant investment and development, with Chinese companies leading in hardware and operational control, while AI technology remains a competitive focal point [4] Future Projections - 2025 is anticipated to be the year of mass production for humanoid robots, with 2026 expected to mark a significant advancement in their practical application [5] - The commercial progress of humanoid robots is accelerating, with potential applications in inspection and navigation expected to expand significantly [5] - The manufacturing and logistics sectors are projected to be the first to adopt humanoid robots at scale, with substantial demand anticipated in automotive and 3C manufacturing by 2028 [6]

目 游戏 公司品 我研究报 2026 年 01 月 05 日 市场数据· 收盘价(元) -年内最高/最低（元） 市净率 股息率% (分红/股价) 流通 A 股市值 (百万元) 注："股息率"以最近一年已公布分红计算 | 基础数据: | 2025 年 09 月 30 日 | | --- | --- | | 每股净资产 (元) | 3.96 | | 资产负债率% | 45.07 | | 总股本/流通 A 股 (百万) | 646/639 | | 流通 B 股/H 股 (百万) | -/- | -年内股价与大盘对比走势： 相关研究 《福达股份 (603166) 点评: 25Q3 高增 符合预期，继续看好业绩确定性+机器人 进展》 2025/10/23 《福达股份 (603166) 点评：中报高增符 合预期,继续看好全年业绩+机器人进 展》 2025/08/13 证券分析师 戴文杰 A0230522100006 daiwj@swsresearch.com 联系人 朱傅哲 A0230524080008 zhufz@swsresearch.com 投资要点：公司控股股东福达集团将面向专业投资者非公开发行总额不超过 4.7 ...