证券日报网讯 1月7日，贝仕达克在互动平台回答投资者提问时表示，公司在智能宠养赛道上推出了自 主品牌Pickfun（皮克方）宠物AI摄影师、智能猫砂盆等相关产品，其智能控制器由公司自主研发并持 续迭代。公司目前暂不涉及工业机器人、人形机器人等机器人本体相关业务，公司始终密切关注下游应 用市场的技术发展与市场动向，并积极探索应用领域。 （文章来源：证券日报） ...

记者丨林典驰 编辑丨朱益民 作为国内最早押注人形机器人赛道的"长期主义者"，当行业在2025年突然被资本与政策点燃，周剑和他的优必选却选择踩下"理性油门"，从工业制造的实 训入手，连同客户解决真实需求，主动收缩初期泛化需求，聚焦搬运、分拣、质检三个工位。 "这三类工位是我们认为存在着人员流失高、管理难度大、工作重复性强、工位相对结构化等特点，不仅是客户迫切需要人形机器人提供能力协同的领 域，也是人形机器人现阶段更适合发挥能力的领域。"优必选科技创始人、董事会主席兼CEO周剑在接受21世纪经济报道专访时谈到。 简而言之，人形机器人不是用来表演的，是要进工厂、干实事、被客户真金白银买单的。 "尽管行业在加速，但机器人走进千家万户仍需5~10年。"周剑认为，企业须构建可持续商业模式，在资本热潮退去后仍能"储粮过冬"，真正以解决实际问 题而非炫技为导向，方能催生新质生产力。 12月26日，优必选第1000台工业人形机器人Walker S2下线，下线仪式现场，超200台Walker S2组成气势恢宏的方阵。 后续这些机器人将交付到各地，投入产业一线应用，覆盖汽车制造、智能制造、智慧物流、具身智能数据中心等重点领域。 2 ...

宠物科技用品发展研究 丨白皮书 核心摘要： 近年来，全球"它经济"持续升温，中国宠物市场正从"基础饲养"向"品质养护"加速升级，宠物科技用品作为核心增长引擎，已进入"智能化、健康化、个性化"的爆发 期。2024年中国宠物市场规模达3453亿元，其中宠物智能用品市场规模突破102亿元，占宠物用品市场的20%，一线城市渗透率超35%，智能喂养、健康监测、环 境清洁三大细分赛道增速领跑，伴宠机器人销售额同比增长210%，智能项圈等健康设备增速达180%。 从需求端看，养宠人群呈现"高线化、年轻化、情感化"特征，情感陪伴需求推动消费升级，用户年均养宠花费4440元，其中智能用品支出占比达50.8%，55.6%的 用户年投入501-2000元。但养宠痛点仍突出，42.5%的用户受毛发异味困扰，38.4%面临宠物无人照料问题，为科技产品提供明确需求场景。 市场格局方面，竞争呈现"多元参与、群雄逐鹿"态势，头部集中度仍有提升空间。产品趋势上，"AI+全场景"成为核心方向：一方面，设备从单一功能向多模态交互 进化，如支持卫星定位的智能追踪器、具备AI健康分析的喂食器；另一方面，人宠共居需求推动家电适配，吸尘器、扫地机器人、空 ...

证券日报网讯12月30日，融捷健康（300247）在互动平台回答投资者提问时表示，公司子公司乐金环境 当前重心集中于智能猫砂盆、床面清洁机器人等宠物电器产品的研发与迭代；对于宠物食品等领域暂未 涉及。 ...

文 | CTR洞察 站在2025年的终点回看，一整年市场都在矛盾之力中重新平衡。全年广告市场回归"长线价值"，消费市场也将继续寻找"高质价比的情绪满足"。"低垂的 果实"好像已被摘光，剩下的机会需要付诸极致的体验、极致的计算、极致的洗牌…… 但如果跳出矛盾的非此即彼，你也会发现——新的秩序正在建立，行业正艰难却坚定地达成一系列珍贵的共识： 共识一：K型分化，情绪精算 今天的消费者，到底是更理性了，还是更感性了？ 《2025中国购物者报告》给出的答案，可能会让人觉得"精神分裂"：他们既极其理性，又极其感性。市场正在目睹一种"双重需求"的神奇叠加。 一边是消费品以价换量，"平替"席卷市场，白牌、自有品牌不断崛起；很多曾经被故事、身份支撑的溢价，率先碎掉了滤镜；营销的标的被还原为一个基 本的商品，一个朴素的需求。 另一边却是Labubu、盲盒、IP联名大肆收割溢价。一个独居爱猫青年，每月花2000块钱买进口猫粮、智能猫砂盆，这不是消费，是情感投资。一个打工人 花99块钱抽盲盒，买的不是塑料小人儿，是拆开包装的瞬间期待。 表面看是矛盾，本质却是分化。当市场进入K型增长时代，消费者不会再用同一套坐标来理解所有产品。 但 ...

（文章来源：每日经济新闻） 每经AI快讯，融捷健康（300247.SZ）12月30日在投资者互动平台表示，公司子公司乐金环境当前重心 集中于智能猫砂盆、床面清洁机器人等宠物电器产品的研发与迭代；对于宠物食品等领域暂未涉及。 ...

Core Viewpoint - UBTECH has successfully launched its 1000th industrial humanoid robot, Walker S2, marking a significant milestone in its production capabilities and commitment to practical applications in various industries [1][2]. Production and Delivery - The Walker S series has become the most widely adopted industrial humanoid robot in global automotive training, with an annual production capacity exceeding 1000 units and a delivery of over 500 units in 2025, aiming to scale to 10,000 units by 2026 [2][4]. - The company emphasizes real-world training and application, focusing on high-demand areas such as handling, sorting, and quality inspection, which are characterized by high employee turnover and repetitive tasks [3][8]. Market Strategy - UBTECH's strategy involves a phased approach: starting with industrial manufacturing, followed by commercial services, and eventually household applications, ensuring a sustainable business model that addresses real customer needs [5][11]. - The company has secured significant orders, including a record single bid of 264 million yuan, primarily from sectors like automotive manufacturing and smart logistics [4][6]. Technological Advancements - Continuous investment in humanoid robot technology, including hardware control, AI, and visual servo systems, has enabled the development of autonomous operational capabilities [5][12]. - The introduction of group intelligence technology allows for collaborative operation among humanoid robots, enhancing efficiency and adaptability in real-world scenarios [12][13]. Cost Management - UBTECH aims to reduce production costs by 20%-30% annually, targeting a unit cost of under $20,000 as production scales up, leveraging advancements in technology and supply chain integration [16][14]. - The company has achieved a 90% localization rate for core components, enhancing its competitive edge in the global market [15]. Industry Context - The humanoid robot industry is expected to face a talent shortage, with a projected demand gap of nearly 30 million workers in key manufacturing sectors by 2025, positioning humanoid robots as a viable solution [9][10]. - Despite the rapid advancements in the industry, UBTECH acknowledges that widespread adoption of humanoid robots in everyday life will take an estimated 5-10 years, necessitating ongoing investment and development [20].

Core Viewpoint - UBTECH has successfully launched its 1000th industrial humanoid robot, Walker S2, which will be deployed in key sectors such as automotive manufacturing, smart manufacturing, and logistics [2][3] Production and Delivery - The company has achieved an annual production capacity of over 1000 units and plans to increase this to 10,000 units by 2026, with over 500 units expected to be delivered in 2025 [2][3][5] - The Walker S series has become the most widely used humanoid robot in training across various automotive factories [2] Market Strategy - UBTECH focuses on practical applications in industrial settings, specifically targeting high turnover, high management difficulty, and repetitive tasks [3][8] - The company has adopted a three-step strategy: starting with industrial manufacturing, followed by commercial services, and finally home companionship [4] Order Acquisition - The company has secured several large orders, including a record single order of 264 million yuan, primarily from the automotive and smart manufacturing sectors [3][4] - The demand for humanoid robots is driven by labor shortages in repetitive and hazardous jobs, with a projected talent gap of nearly 30 million in China's manufacturing sector by 2025 [7] Technological Development - UBTECH has invested in a full-stack technology approach, including hardware control, AI, and visual servo systems, to enhance the capabilities of its robots [4][10] - The introduction of group intelligence technology allows for collaborative work among humanoid robots, significantly improving efficiency [10][11] Cost Management - The company anticipates a 20%-30% reduction in manufacturing costs annually, aiming to keep the cost per unit below $20,000 at scale [14] - UBTECH is focusing on optimizing design, manufacturing processes, and supply chain integration to achieve cost reductions [12][14] Industry Outlook - The humanoid robot industry is expected to see significant growth, with potential market sizes reaching hundreds of billions to trillions [17] - Despite rapid advancements, the widespread adoption of humanoid robots in everyday life is projected to take 5-10 years [17]

Core Insights - The manufacturing cost of humanoid robots is expected to decrease by 20%-30% annually, with a target cost of under $20,000 per unit at a production scale of 10,000 units [15] - The company has achieved significant milestones, including the production of its 1,000th industrial humanoid robot, Walker S2, and plans to increase annual production capacity to 10,000 units by 2026 [1][3] - The company focuses on practical applications in industrial settings, particularly in sectors like automotive manufacturing, smart manufacturing, and logistics, rather than on flashy demonstrations [3][8] Production and Delivery - The company has delivered over 500 units of the Walker S series and aims to exceed 1,000 units in monthly production by 2025 [3][4] - The company has secured several large orders, including a record single order worth 264 million yuan, primarily from the industrial sector [3][4] Technology and Innovation - The company emphasizes the importance of a robust technology stack, including hardware control, AI, and visual servoing, to enhance the capabilities of humanoid robots [4][10] - Innovations such as the Co-Agent technology and group intelligence are being developed to improve collaborative efficiency among humanoid robots [10][11] Market Demand and Strategy - The company identifies high turnover, management challenges, and repetitive tasks in certain job roles as key areas where humanoid robots can provide value [2][8] - The company has adopted a phased strategy, focusing first on industrial applications before expanding into commercial services and home companionship [4][8] Industry Context - The humanoid robot industry is experiencing rapid growth, with a projected market potential reaching hundreds of billions to trillions of yuan [18] - The company acknowledges the need for a sustainable business model that can withstand market fluctuations and capital withdrawal [3][18] Supply Chain and Cost Management - The company has achieved a 90% localization rate for core components, enhancing its competitive edge in the global market [14] - Efforts to control costs include optimizing design, exploring different manufacturing methods, and improving supply chain integration [11][12]

年轻群体"倒逼"产业升级 除了硬核的制造业，深圳还在探索宠物经济的"软服务"闭环。 当年轻人忙着"吸猫撸狗"汲取情绪价值，深圳正在这股热潮中迎来"它经济"的飞速发展。 12月7日，南都记者从深圳宝安区宠物产业高质量发展大会上获悉，作为新的消费增长极，深圳宠物经 济正呈现爆发式增长。 据大会现场披露的一组数据，2024年深圳宠物产业规模已超过100亿元，仅今年新注册的相关企业就达 到2.2万家。与此同时，目前深圳宠物行业相关企业总量已超10万家。 与传统印象中以食品、繁育为主的模式不同，依托电子信息产业优势，深圳正在智能喂食器、宠物医疗 器械等高附加值环节形成"智造"壁垒，一条覆盖"生老病死"全生命周期的产业链已然成型。 深圳"它经济"智造力量 "宠物经济连接着民生福祉与经济增长，融合了情感消费与科技制造。"深圳市市场监督管理局动物防疫 和监管处处长、深圳市宠物经济办公室主任刘泉在致辞中指出，深圳宠物产业已形成科技创新与市场驱 动并重的发展体系，正成为现代服务业与先进制造业融合发展的生动注脚。 在这一版图中，以产业大区宝安为例，其已成为深圳宠物经济的"硬核引擎"。 记者了解到，不同于单纯的消费市场，宝安区瞄准的 ...