（文章来源：证券日报） 证券日报网讯机器人9月29日在互动平台回答投资者提问时表示，目前，公司已成立具身智能研究院， 并于近期发布了新松智能类人双臂平台、"松羿"轮式人形机器人、"松行"双足人形机器人产品，可用于 工业制造、社会服务、家庭陪伴等领域。公司密切关注重大前沿技术的最新发展动态、实际应用情况以 及行业整体发展趋势，并积极探索业务合作机会。 ...

机器人（300024.SZ）9月29日在投资者互动平台表示，公司在具身智能业务方面暂未与您所述公司有合 作。目前，公司已成立具身智能研究院，并于近期发布了新松智能类人双臂平台、"松羿"轮式人形机器 人、"松行"双足人形机器人产品，可用于工业制造、社会服务、家庭陪伴等领域。公司密切关注重大前 沿技术的最新发展动态、实际应用情况以及行业整体发展趋势，并积极探索业务合作机会。关于公司客 户等合作企业情况请查阅、关注公司的定期报告。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：请问贵司在人形机器人方面跟国内例如宇树/优必选或 者国外厂商特斯拉等公司有合作嘛？ ...

声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 责任编辑：栎树 针对上述提问，机器人回应称："您好，公司在具身智能业务方面暂未与您所述公司有合作。目前，公 司已成立具身智能研究院，并于近期发布了新松智能类人双臂平台、'松羿'轮式人形机器人、'松行'双 足人形机器人产品，可用于工业制造、社会服务、家庭陪伴等领域。公司密切关注重大前沿技术的最新 发展动态、实际应用情况以及行业整体发展趋势，并积极探索业务合作机会。关于公司客户等合作企业 情况请查阅、关注公司的定期报告。" 有投资者在互动平台向机器人提问："请问贵司在人形机器人方面跟国内例如宇树/优必选或者国外厂商 特斯拉等公司有合作嘛？" ...

第二十五届中国国际工业博览会（下称"工博会"）上， 机器人 （300024.SZ，下称"新松机器人"）展台人头攒动，其多可仿生 人形机器人 "睿 可"系列刚刚斩获机器人届的"奥斯卡大奖"——CIIF大奖。 然而，这场技术秀场的聚光灯背后，却是公司近年来在资本市场与经营业绩上的持续低迷。被誉为"国产机器人先行者"、"机器人第一股"，新 松"第一"的头衔却似乎越来越名不副实。 量滞利亏 2025年半年报显示，新松机器人实现营收16.60亿元，同比微降0.07%，增长近乎陷入停滞。更令人担忧的是其盈利能力，报告期内归母净利 润-9535.82万元，同比大幅下降54.32%；扣非后归母净利润为-1.22亿元，同比下降12.66%。毛利率14.62%，同比亦有所下滑。 这份成绩单在行业复苏的背景下显得格格不入。 高工机器人产业研究所（GGII）报告称，2025年上半年中国工业机器人市场累计销量同比增长13.36%。国家统计局数据也显示，同期工业机器人 产量达36.93万套，同比猛增35.6%。行业整体向好，"老牌"新松机器人的业绩疲软尤为刺眼。 | | | | | | | 甲:70 | | --- | --- | -- ...

Group 1: Achievements in Infrastructure and Technology - China has built the world's largest and most extensive network infrastructure, with 4.598 million 5G base stations and over 1 million device connections on key industrial internet platforms [5] - The country has established more than 35,000 basic-level and over 230 excellent-level smart factories, showcasing significant advancements in smart manufacturing [5] - The application of industrial robots is accelerating, with demonstrations of robots capable of material handling and intelligent inspections at the 2025 Global Industrial Internet Conference [6] Group 2: Agricultural Production and Food Security - During the "14th Five-Year Plan" period, China's grain production is projected to exceed 1.4 trillion jin (approximately 700 million tons) by 2024, an increase of 74 billion jin compared to 2020 [14] - The average per capita grain availability has reached 500 kg, ensuring basic self-sufficiency in grains and absolute safety in staple food supplies [14] - The production of cotton, oil, sugar, fruits, vegetables, meat, eggs, milk, and aquatic products has been continuously enhanced, enriching the food supply for the population [14] Group 3: Ecological and Environmental Initiatives - Significant progress has been made in ecological protection and restoration, with the "Three North" project completing construction tasks covering 164 million acres [9] - The "Mountain and Water Project" has been implemented across 27 initiatives, protecting and restoring over 8 million acres [9] - Inner Mongolia has made strides in combating desertification, achieving an 80% progress rate in the governance of the Maowusu Sandy Land and establishing a "photovoltaic wall" in the Kubuqi Desert [10] Group 4: Cultural and Educational Developments - By the end of 2024, the number of registered museums in China is expected to reach 7,046, with an average of one museum for every 200,000 people, and over 91% of them offering free admission [19] - Museums have become popular cultural and tourism destinations, with 28.6079 million visitors recorded in Jiangsu province alone during the summer [20] - The transformation of museums into comprehensive cultural experience centers has enhanced their role in promoting cultural tourism consumption [20]

Core Insights - The article highlights the significant achievements of the company, Xinsong Robotics, during the "14th Five-Year Plan" period, emphasizing its transition from a leading Chinese robotics company to a world-class robotics enterprise [1][6] Group 1: Business Performance - Xinsong Robotics has experienced steady growth in both revenue and gross margin, with compound annual growth rates of 7.86% and 24.53%, respectively [2] - The company has developed a unique "3+3+N" strategic framework, focusing on three core product lines: industrial robots, mobile robots, and special robots, while also nurturing multiple emerging strategic businesses [2][9] Group 2: Technological Innovation - The company has made significant breakthroughs in critical technologies, achieving self-sufficiency in high-end industrial equipment and breaking foreign monopolies [4] - Xinsong Robotics has invested 137 million yuan in R&D in the first half of 2025, marking a 16.10% year-on-year increase [4] Group 3: Market Expansion - The company has successfully exported its robotics products to over 40 countries, assisting more than 4,000 enterprises in upgrading their industries [2] - Xinsong Robotics aims to enhance China's global influence in the robotics industry by aligning with international standards and expanding its international market presence [8][9] Group 4: Future Development - The company plans to shift its business focus from "scale-oriented" to "value-oriented," aspiring to become a leader in high-end equipment solutions with a strong emphasis on technological self-sufficiency [7] - Future initiatives include deepening the integration of artificial intelligence and robotics, with the establishment of a dedicated research institute for AI and robotics [8]

Core Insights - The article highlights the significant achievements of the company, Xinsong Robotics, in advancing from a leading Chinese robotics firm to a world-class enterprise during the "14th Five-Year Plan" period [2][9] Group 1: Strategic Development - Xinsong Robotics has established a unique "3+3+N" development strategy, focusing on three core product lines: industrial robots, mobile robots, and special robots, while also nurturing multiple emerging strategic businesses [3] - The company has played a crucial role in promoting import substitution and enhancing China's global influence in the robotics industry, achieving a compound annual growth rate of 7.86% in revenue and 24.53% in gross margin [3] Group 2: Technological Innovation - The company has made significant breakthroughs in critical technologies, overcoming long-standing foreign monopolies and achieving self-sufficiency in high-end industrial equipment [5] - Xinsong Robotics has invested steadily in R&D, with an investment of 137 million yuan in the first half of 2025, marking a 16.10% year-on-year increase [5] Group 3: Market Expansion - The company has successfully exported its robotics products to over 40 countries, assisting more than 4,000 enterprises in upgrading their industries [3] - Xinsong Robotics has developed high-reliability spot welding robot systems, breaking the monopoly of foreign manufacturers in the high-end automotive welding sector [6] Group 4: Future Vision - The company aims to transition from a "scale-oriented" to a "value-oriented" business model, aspiring to become a leader in high-end equipment solutions with a focus on technological self-sufficiency and global efficiency [7] - Future development will emphasize the integration of artificial intelligence and robotics, with plans to enhance core component autonomy and establish a comprehensive technology control chain [8]

Core Viewpoint - The article highlights the significant achievements of the leading Chinese robotics company, Siasun Robot, during the "14th Five-Year Plan" period, emphasizing its transition from a national leader to a world-class enterprise in robotics [3]. Group 1: Strategic Development - Siasun Robot has established a unique "3+3+N" development strategy, focusing on three core product lines: industrial robots, mobile robots, and special robots, while also nurturing multiple emerging strategic businesses [6][14]. - The company has played a crucial role in promoting import substitution and enhancing China's global influence in the robotics industry, achieving a compound annual growth rate of 7.86% in revenue and 24.53% in gross margin [6]. Group 2: Technological Innovation - Continuous technological innovation is the core driving force behind Siasun Robot's development, with R&D investment steadily increasing, reaching 137 million yuan in the first half of 2025, a year-on-year growth of 16.10% [9]. - The company has made significant breakthroughs in key technologies, overcoming foreign monopolies and achieving self-sufficiency in high-end industrial equipment [9][10]. Group 3: Global Market Expansion - Siasun Robot has successfully exported its products overseas since 2007, covering over 40 countries and assisting more than 4,000 enterprises in upgrading their industries [6][14]. - The company aims to enhance its global presence by aligning with international standards and becoming a key player in the mid-to-high-end industrial robot, special robot, and semiconductor equipment markets [12][14]. Group 4: Future Outlook - Looking ahead, Siasun Robot plans to shift its business focus from "scale-oriented" to "value-oriented," aspiring to become a leader in high-end equipment solutions with a strong emphasis on technological self-sufficiency [12][14]. - The integration of artificial intelligence and robotics will be a key development direction, with the establishment of the Embodied Intelligence Research Institute and the launch of various intelligent robotic platforms [13][14].

Group 1 - The company has officially established a physical intelligence research institute and recently launched new products including the "New松" intelligent humanoid dual-arm platform, "松羿" wheeled humanoid robot, and "松行" bipedal humanoid robot, which can be used in industrial manufacturing, social services, and home companionship [1] - The company aims to continue research and development in cutting-edge fields, striving to break through the limitations of robot application scenarios and promote deeper intelligence in its robots [1] Group 2 - Investors have expressed concerns about the company's ability to produce products in the current booming robotics market, suggesting that the company should consider acquisitions or investments to capitalize on this opportunity [3]

Core Insights - The transition of humanoid robots from performance showcases to real industrial applications is accelerating, with robots increasingly integrated into production lines [1][3] - "Embodied intelligence" is a key concept in the development of robots, enabling them to interact with their environment in real-time, facilitating perception, cognition, decision-making, and action [2][3] Group 1: Technological Advancements - Robots equipped with embodied intelligence can autonomously perceive their environment and make dynamic decisions, functioning more like autonomous decision-makers rather than mere program executors [3] - The industrial embodied intelligence control system acts as the "brain" of robots, enabling millisecond-level intelligent computation and autonomous decision-making [3] - Current applications of robots in industrial settings include tasks such as material handling, sorting, and inspection, with potential for use in hazardous environments like power, mining, and offshore oil rigs [3][4] Group 2: Challenges in Implementation - The commercial deployment of embodied intelligence robots in the B2B market is limited, with many products still in prototype stages and undergoing feasibility validation with enterprises [5] - Significant challenges include the difficulty of training robots, data insufficiency, and bottlenecks in training methods, which hinder the transition from laboratory settings to actual industrial environments [5][6] - Hardware stability and operational precision are critical bottlenecks, with industrial applications requiring 99.99% stability and millimeter-level precision, while many current devices only achieve centimeter-level accuracy [6] Group 3: Market and Policy Developments - The "embodied intelligence" and "intelligent robots" sectors have been included in the government work report for 2025, indicating a strong policy push for industry development [7] - Various regions are enhancing their industrial layouts for embodied intelligence, with initiatives such as financial support policies and innovation centers aimed at advancing core technologies [7] - The market for embodied intelligence is projected to reach 5.295 billion yuan by 2025, accounting for approximately 27% of the global market, while the humanoid robot market is expected to reach 8.239 billion yuan, representing about 50% of the global market [7] Group 4: Future Outlook - Industry experts express optimism about the future applications of embodied intelligence robots, anticipating breakthroughs in generalization and operational precision as investments and technological advancements continue [8] - The potential for scenarios such as "robot training robots" and "robot maintenance robots" is predicted, where multiple robots could share a common "universal brain" for coordinated task management [8]