Core Insights - The focus of the WAIC and WRC this year is on practical applications of robotics, moving away from mere demonstrations of capabilities to real-world tasks such as sorting on production lines and retail operations [3][12][19] - The emergence of embodied intelligence is highlighted, with many companies showcasing robots that can interact and perform complex tasks, indicating a significant advancement in the field [6][8][21] Group 1: Event Highlights - The WAIC featured 80 companies focused on embodied intelligence, showcasing robots like boxing humanoids and agile quadrupeds [3][6] - At the WRC, robots demonstrated various skills, including delivering goods and engaging in interactive games, emphasizing their practical utility [3][8] - Companies like Yushutech and Zhiyuan Robotics attracted attention with their advanced humanoid robots capable of complex movements and interactions [6][9] Group 2: Technological Advancements - The integration of large models and high-precision dynamic performance has expanded the application scenarios for robots [5] - Companies are focusing on enhancing the realism and emotional engagement of robots through advanced expression simulation and sensory technologies [21][24] - The development of versatile robotic hands and components is crucial for the overall functionality of humanoid robots, with several companies showcasing innovative designs [30][31] Group 3: Industry Trends - The trend towards a diverse product ecosystem is evident, with companies developing a wide range of robots for various applications, from industrial to service sectors [28] - The industry is witnessing a deepening of the supply chain, with a focus on collaborative technologies and shared innovations among manufacturers [29] - The commercialization of robots in retail and service industries is progressing, with several companies demonstrating robots capable of performing specific tasks in real-world environments [18][19]

Core Insights - The article highlights the capabilities of Star Dynamics in the field of embodied intelligence, showcasing their self-developed products at the World Robot Conference [1][2] - Star Dynamics' L7 robot demonstrates advanced movement and operational skills, emphasizing its stability and flexibility through proprietary joint modules and the ERA-42 model [1] - The L7 robot's application in logistics is illustrated through its ability to collaborate with other robots for efficient package sorting and scanning, showcasing its practical value in real-world scenarios [1] Product Features - The Star Dynamics L7 robot supports both full-size and half-body configurations, allowing it to perform complex movements or focus on specific operational tasks, thereby reducing deployment costs [2] - The L7's advanced learning capabilities enable it to quickly master skills with minimal data input, enhancing its adaptability in various logistics environments [1][2]

Core Viewpoint - The 2025 World Robot Conference (WRC) showcased advancements in humanoid robots, emphasizing the integration of 5G-A technology and embodied intelligence to enhance operational capabilities and adaptability in complex environments [1][3]. Group 1: Humanoid Robots - The "Kua Fu" humanoid robot by Leju demonstrated significant breakthroughs in communication and decision-making through 5G-A technology, enabling real-time control over distances of 1200 kilometers [1][3]. - The "Kua Fu" robot features a dual-brain system, enhancing human-robot interaction and stability in flexible environments, showcasing its potential in high-risk scenarios like firefighting and chemical industries [3][6]. - The "T800" humanoid robot by Zhongqing is designed for heavy-duty tasks, featuring 41 degrees of freedom and advanced sensor integration for real-time environmental adaptation [7]. Group 2: Industrial Robots - Cyborg Robotics presented the Cyborg-H01 dexterous hand and Cyborg-R01 humanoid robot, focusing on high precision and energy efficiency in industrial applications [4][6]. - The CW series robots by Chuan Robotics combine autonomous mobile platforms with collaborative robotic arms, enhancing flexibility in production environments [30]. Group 3: Perception and Sensing Technologies - Aobi Zhongguang introduced the Pulsar ME450 3D LiDAR and Gemini 345Lg dual 3D camera, enhancing visual perception capabilities for outdoor robots [12][14]. - Pasini launched the third-generation multi-dimensional tactile sensor matrix PX-6AX-GEN3, providing advanced sensing solutions for embodied intelligent systems [10][25]. Group 4: General-Purpose Robots - Zhi Ping Fang showcased the "Ai Bao" robot, capable of performing various tasks in simulated environments, highlighting its adaptability and learning capabilities [17][19]. - The "Wanda" platform by Youliqi demonstrated its application in multiple real-life scenarios, emphasizing its interactive capabilities and service-oriented design [23][24]. Group 5: Collaborative and Ecosystem Development - Xinghai Tu introduced the G-0 VLA model, which enhances human-robot collaboration and opens up new possibilities for developers through a comprehensive toolkit [20][22]. - The collaboration among various companies at WRC indicates a growing ecosystem focused on advancing embodied intelligence and robotics technology across multiple sectors [41].

Core Viewpoint - The article highlights the impressive capabilities and commercial achievements of ROBOTERA's products showcased at the 2025 World Robot Conference, emphasizing their "soft and hard integrated full-stack self-research" in the field of embodied intelligence [3][19]. Group 1: Product Overview - ROBOTERA's product family, referred to as "Hexagonal Warriors," includes the Star L7, Star XHAND1, and Star Q5, which demonstrate comprehensive capabilities in both physical and cognitive dimensions [4][19]. - The Star L7 is the first full-size bipedal humanoid robot in China, showcasing its ability to perform complex movements like a 360-degree jump, highlighting its strength and stability [6][9]. - The Star XHAND1 features a fully direct-drive design with 12 degrees of freedom, capable of performing over 1,000 complex operations, making it suitable for various tasks [13][14]. - The Star Q5, designed for remote full-body operation, exhibits high flexibility and stability, capable of mimicking human movements seamlessly [16][18]. Group 2: Technical Capabilities - The Star L7's performance is comparable to Tesla's Optimus, with a peak torque of 400 N·m and a peak speed of 25 rad/s, allowing it to perform high-intensity tasks with human-like agility [9][10]. - The Star XHAND1 can exert a maximum grip force of 80 N, easily lifting 25 kg, and demonstrates rapid response times, akin to an esports player's speed [12][14]. - The Star Q5 supports real-time language switching across 37 languages, showcasing its adaptability in various service scenarios [18]. Group 3: Commercialization and Market Position - ROBOTERA has delivered over 200 units of its products and has numerous orders pending, with nine of the top ten global tech companies as clients, indicating its leading position in the embodied intelligence sector [19]. - The integration of the self-developed end-to-end VLA embodied model ERA-42 with hardware products creates a positive feedback loop for data collection, model training, and scene implementation, enhancing product performance [19].

Core Viewpoint - The article highlights the technological advancements and commercial potential of ROBOTERA, a company specializing in embodied intelligence, showcased through its products at WAIC 2025, emphasizing its unique position as the only Tsinghua University-backed enterprise in this field [2][9]. Product Highlights - ROBOTERA's Star L7 humanoid robot demonstrates superior operational control and fine manipulation capabilities, being the first full-size bipedal robot in China to achieve "large movement + fine operation," significantly reducing deployment costs with its multi-form options [4]. - The Star XHAND1 features an industry-first fully direct-driven joint design, boasting 12 degrees of freedom and a maximum grip strength of 80N, capable of lifting 25kg, and can autonomously learn over 1000 complex operations through its collaboration with the ERA-42 model [6][7]. - The Star Q5, designed for service roles, showcases high flexibility and stability, having already been deployed in various retail environments for tasks such as guiding and explaining, thus redefining service robots [6][8]. Technological Integration - The integration of the end-to-end VLA embodied model ERA-42 is crucial, linking hardware performance with scene requirements, facilitating a positive cycle of data collection, model training, and scene implementation, positioning ROBOTERA's products at or above international standards [7]. Commercialization Strategy - The three showcased products have clear commercialization paths: Star L7 targets industrial logistics, Star XHAND1 serves as a core component supplier for research and industrial markets, while Star Q5 focuses on retail and cultural tourism sectors [8]. Market Presence - ROBOTERA has delivered over 200 units, with more than 50% of orders coming from overseas, and has secured clients among 9 of the top 10 global tech companies, validating its vision of empowering various industries with general intelligent agents [9].

Core Insights - The article provides an overview of notable companies in the field of embodied intelligence and their corresponding business focuses [2] Company Summaries - **Zhiyuan Robotics**: Focuses on humanoid robot development, with products like the Expedition A1/A2 capable of navigating complex terrains and performing fine motor tasks [2] - **Unitree Robotics**: A leader in quadruped robots, known for high dynamic motion control, with products like Go1/Go2 series for consumer use and B1/B2/H1 series for industrial applications [5] - **Fourier Intelligence**: A general robotics company that includes humanoid robots and smart rehabilitation solutions, featuring products like GR-1/GR-2 humanoid robots and upper limb rehabilitation robots [6] - **Deep Robotics**: Specializes in quadruped robots for power and security applications, with products like the J series joints providing high torque performance [7] - **Lingchu Intelligent**: Focuses on dexterous operations and end-to-end solutions based on reinforcement learning algorithms [13] - **OriginBot**: Develops educational robots, including the Aelos series for programming education and Fluvo for hospital logistics [14] - **Noematrix**: Concentrates on high-resolution multi-modal tactile perception and soft/hard tactile manipulation products, providing innovative solutions for various sectors [29] - **Galbot**: Engages in the development of general-purpose humanoid robots and quadruped robots for industrial, commercial, and household applications [28]

Core Viewpoint - The article discusses the launch of the VPP (Video Prediction Policy) model, an open-source AIGC generative robot model developed by Tsinghua University's ISRLab and Xingdong Jiyuan, which is seen as a significant advancement in robotics, enabling the transition from the digital to the physical world [1][2]. Group 1: VPP Model and Its Capabilities - The VPP model is recognized for its core advantages, including video prediction strategies, high-frequency execution, cross-ontology learning, and reliability, which drive innovation in the robotics field [1]. - The model is designed to perform over 1,000 tasks, showcasing its versatility and potential for real-world applications [2]. Group 2: Xingdong XHAND1's Role - Xingdong XHAND1, a joint all-direct drive humanoid robotic hand platform, serves as the core hardware for testing and implementing the VPP model [2]. - The all-direct drive technology of Xingdong XHAND1 allows for higher flexibility, faster speeds, and greater strength, enabling it to execute commands from the VPP model with precision [4][5]. - The hand can achieve a maximum load of 25 kg and a grip strength of 80N, significantly surpassing similar devices, making it suitable for heavy-duty tasks [5]. Group 3: Key Features of Xingdong XHAND1 - The hand's "back-drivability" enhances the robustness of the VPP model by allowing it to adjust its posture in response to external forces, improving fault tolerance and adaptability in complex environments [7]. - High power density and durability are ensured through the use of advanced motors and integrated joint modules, providing reliable performance during prolonged operations [8]. - The hand supports full-chain remote operation with various devices, allowing for precise capture of human actions, which enriches the training data for the VPP model [11]. Group 4: Performance Validation - Xingdong XHAND1 achieved a 67% success rate in real-world dexterous hand tasks, validating its reliability and effectiveness in practical applications [26]. - Compared to similar dexterous hands, Xingdong XHAND1 stands out due to its direct drive design and robustness, making it a superior choice for training and validating the VPP model [29]. Group 5: Future Prospects - The integration of Xingdong XHAND1 with more robotic models will facilitate hardware-algorithm iterative upgrades, expanding application boundaries [29]. - The company aims to foster an open-source ecosystem to attract developers for building diverse application libraries, promoting rapid advancements in humanoid robotics [29].

Investment Rating - The industry investment rating is "Overweight (Maintain)" [1] Core Viewpoints - The humanoid robot industry is experiencing a surge in entrants and is expected to enter a mass production phase, driven by advancements in embodied intelligence and significant investments from both domestic and international players [8] - The report highlights the emergence of various projects and innovations in the humanoid robot sector, indicating a robust growth trajectory and commercial viability [8] Summary by Sections Industry Overview - The mechanical equipment industry is currently under review, with a focus on the humanoid robot segment, which is gaining traction due to technological advancements and increased investment [1][8] Recent Developments - The Chongqing Economic and Information Commission announced the first batch of "open competition" projects in the field of embodied intelligent robots, listing 12 projects from companies like Seres and Changan Automobile [3] - Zhiyuan Robotics launched a self-developed large-scale simulation framework, AgiBot Digital World, to enhance robot operation capabilities [4] - Zhongqing Robotics secured 200 million yuan in funding to accelerate the development of general-purpose intelligent robots [4] - The Beijing Yizhuang area is set to unveil a plan for the application of 10,000 robots, with an estimated market opportunity of nearly 5 billion yuan [5] Investment Recommendations - Suggested companies to focus on include: - Assemblies: Sanhua Intelligent Control, Top Group - Sensors: Donghua Testing, Anpeilong, Hanwei Technology - Reducers: Lide Harmony, Shuanghuan Transmission, Zhongdali De - Screws: Beite Technology, Best, Hengli Hydraulic - Motors: Mingzhi Electric - Equipment: Qin Chuan Machine Tool, Huachen Equipment, Rifa Precision Machinery [9]

值得一提的是， 这是业界首次仅通过同一个具身大模型就实现了五指灵巧手像人手一样使用多种工 具完成上百种灵巧复杂操作任务 。模型不需要任何预编程技能，完全基于其强大的泛化和自适应 力，能在不到2小时内通过收集少量数据就学会执行新的任务。同时，ERA-42还在快速不断学习更 多新技能中。 此外， ERA-42也是世界范围内首个真正的五指灵巧手具身大模型，开启了具身大模型的通用灵巧 操作时代 。星动纪元打造的端到端原生机器人大模型ERA-42凭借其预测能力，模型具备强大的泛 化、自适应和规模化能力。结合星动纪元为AI打造的全新硬件平台，可快速实现具身智能体软硬件协 同进化和商业化落地。 1、相比夹爪，星动XHAND1已经可以完成100多种精细化、智能化的复杂灵巧操作任务；2、星动 纪元原生机器人大模型ERA-42能理解物理世界和预测未来；3、星动纪元原生机器人大模型ERA- 42具备更强泛化能力；4、星动纪元原生机器人大模型ERA-42具备更强自适应性；5、星动纪元原 生机器人大模型ERA-42初步体现"Scaling效应"。 当然， 构建通用具身智能体需要软硬件协同迭代，就像人类的脑和身体是从小到大同步协同成长的 ...