2026机器人赛道爆发！高盛8家重仓股揭秘，4家翻倍2家暗藏机会 这8家公司的持仓数据来自美国证券交易委员会披露文件，业绩数据源自上市公司2025年三季报，真实可查，咱们分两类说清楚： 最近科技圈和A股彻底被机器人赛道点燃了，身边炒股的朋友张口闭口都是"人形机器人""外资重仓"，打开交易软件一看，相关个股涨得红红火火，尤其是 被高盛盯上的几家公司，有的都翻倍了！作为国际投行里的"选股风向标"，高盛的持仓动向从来都不随便——2025年三季报显示，它悄悄押注了8家A股机 器人公司，而且清一色扎在上游核心环节，不是整机组装这些赚辛苦钱的领域。截至2026年初，这8家公司里已有4家股价涨幅超90%，最高的力星股份更是 涨了224.75%，但还有几家仍处于低估值区间。很多股民都好奇：翻倍股还能追吗？没大涨的里面真有隐藏机会？ 一、先搞懂：高盛为啥只押注上游，不碰热门整机厂？ 很多人纳闷，明明整机厂的热度更高，高盛为啥偏要"剑走偏锋"选上游？答案藏在产业链的利润分配里，数据和逻辑都实打实： - 利润差距太大：Wind数据显示，一台人形机器人的成本中，核心零部件和特种材料占比高达60%-70%，上游企业的毛利率能达到30% ...

Core Viewpoint - The A-share market has seen a strong performance in the reducer sector, with several companies leading the gains, indicating a growing interest and potential in automation-related technologies. Group 1: Company Highlights - Xinshi Da (002527.SZ) reported a stock price of 17.15 yuan with a daily increase of +10.01%. The company specializes in planetary reducers primarily used in the automation industry, having achieved mass production [1]. - Haozhi Electromechanical (300503.SZ) has a stock price of 63.80 yuan and a daily increase of +18.59%. The company possesses complete and fully independent design, manufacturing, and testing technology for harmonic reducers, overcoming key technical challenges [2]. - Henggong Precision (301261.SZ) has a stock price of 98.09 yuan with a daily increase of +13.11%. The technical team has made breakthroughs in core components of RV reducers and has begun small batch supply [3]. - Lide Harmonic (688017.SH) has a stock price of 191.10 yuan and a daily increase of +9.19%. It is a leading domestic company in harmonic reducers, having completed technology development for industrial robot harmonic reducers and achieved large-scale production [4]. - Siling Smart Drive (301550.SZ) has a stock price of 135.39 yuan with a daily increase of +8.92%. The company plans to cover various fields including industrial robots and humanoid robots, with harmonic reducers in the early stages of mass production preparation [5]. - Zhongdali De (002896.SZ) has a stock price of 92.15 yuan and a daily increase of +7.73%. The company leads in the domestic market for micro-reduction motors, with significant sales in precision planetary reducers and RV reducers, and has achieved small batch production of harmonic reducers for industrial robots [6]. - Shuanghuan Transmission (002472.SZ) has a stock price of 47.25 yuan with a daily increase of +6.59%. The company is a leader in domestic robot reducers, having developed a full series of RV reducers for industrial robots and successfully applied new high-load and high-power-to-weight ratio reducers [7]. - Yokogawa Precision (300539.SZ) has a stock price of 43.50 yuan with a daily increase of +6.44%. The company has successfully developed various harmonic reducers and is actively expanding its market and customer base in the reducer field [8].

证券日报网讯 12月30日，金道科技（301279）在互动平台回答投资者提问时表示，行星减速器具有高 承载能力与高刚性、高效率与宽功率范围、结构紧凑且维护成本低等优势，其劣势主要为传动比受限、 噪声相对较高、对安装精度要求较高等；谐波减速器具有超大传动比，结构极简、低噪声与平稳运行、 体积小、重量轻等优势，劣势主要为承载能力与刚性较弱、传动效率较低、使用寿命较短，维护成本 高、对工作环境敏感等。 ...

Investment Rating - The report maintains an "Overweight" rating for the automotive industry, indicating a positive outlook compared to the overall market performance [12]. Core Insights - The automotive dealership sector, particularly represented by Zhongsheng Holdings, is undergoing a significant transformation, moving away from being perceived as a "negative amplifier" for automakers. The company is expected to benefit from new business initiatives, particularly with the introduction of the AITO brand, which is anticipated to drive performance and valuation recovery [2][3]. - The competitive landscape in the mid-to-high-end automotive market is expected to intensify, with traditional luxury brands facing ongoing operational pressures. However, automakers are likely to adopt strategies to stabilize dealership operations, which may lead to improved profitability for dealerships [3][4]. - Fuda Co., Ltd. is highlighted for its industrialization capabilities in robotics, with recent strategic partnerships aimed at enhancing production capacity and expanding into new markets, such as exoskeleton robots [5]. - Hengbo Co., Ltd. is noted for its vertical integration in the PEEK materials sector, which positions the company favorably to meet increasing demand from overseas clients, particularly in the humanoid robotics field [6]. Summary by Company Zhongsheng Holdings - The company is expected to see a 20% or higher profit growth in the coming year, with a valuation around 7 times earnings, indicating potential for further earnings per share (EPS) and dividend benefits as it returns to a normal operating cycle [4]. Fuda Co., Ltd. - The company has established a low-cost control mechanism through domestic equipment production and partnerships, which is expected to enhance its capacity and market reach in the robotics sector [5]. Hengbo Co., Ltd. - The company has a comprehensive R&D capability and a fully integrated supply chain in the PEEK materials sector, which is expected to drive growth as demand from international clients increases [6].

证券日报网讯12月30日，翔楼新材（301160）在互动平台回答投资者提问时表示，公司在机器人领域关 注谐波减速器、行星减速器、RV减速器对于材料的应用。部分产品已给客户试样，并收到积极的反 馈，但暂未量产。 ...

证券日报网讯 12月29日，中鼎股份（000887）在互动平台回答投资者提问时表示，公司通过子公司安 徽睿思博在机器人谐波减速器、行星减速器等产品上完成产业布局，目前安徽睿思博已获众擎机器人项 目定点，为其配套人形机器人谐波减速器。 ...

Core Viewpoint - Zhongding Co., Ltd. is expanding its investment in humanoid robots by establishing a joint venture with two other companies to focus on manufacturing and supplying core components for humanoid robots [2][4]. Group 1: Joint Venture Details - The joint venture will have a registered capital of 50 million yuan, with Zhongding's subsidiary, Anhui Ruisi Bo Robot Technology Co., Ltd. (Ruisi Bo), contributing 30 million yuan for a 60% stake [4]. - The other partners include Shenzhen Zhujidong Technology Co., Ltd., which will contribute 10 million yuan in technology valuation for a 20% stake, and Hefei Flexible KOTIAN Robot Materials Co., Ltd., which will also contribute 10 million yuan for a 20% stake [4]. Group 2: Business Focus and Collaboration - The joint venture aims to engage in humanoid robot manufacturing and enhance the supply capability of core components [4][5]. - Zhujidong will exclusively commission the new company to process its robot body products and will grant the new company priority in outsourcing production if needed [5]. - The new company will receive technical support from Zhujidong, including the training of specialized personnel [6]. Group 3: Technological Synergies and Market Position - Zhongding has a strong background in automotive sealing, thermal management, lightweight materials, and precision rubber parts, which will be leveraged in humanoid robot component development [6]. - The company has already established collaborations with several firms in the humanoid robot sector, including Efort and Shenzhen Zhongqing Robot Technology Co., Ltd. [6]. - Zhongding's subsidiary has successfully mass-produced various sensors for robotic applications, indicating a solid foundation for future developments in humanoid robotics [6].

投资者关系活动记录表 证券代码:301368 证券简称：丰立智能 浙江丰立智能科技股份有限公司 2 | | 1、德国子公司，设立在斯图加特地区，在博世新厂区附 | | --- | --- | | | 近区域设立子公司，依托博世在欧州的影响力便于获取更 | | | 多客户的订单，开拓家居智能、新能源汽车、机器人等相 | | | 关领域的产品的订单。开展博世汽车、E-Bike 以及物联网 | | | 互通相关领域的订单。 | | | 2、越南子公司，位于越南州德隆平工业区，随着越来越 | | | 多的中国企业支持和响应国家"一带一路"战略、中国-东 | | | 盟自由贸易试验区以及"走出去"战略等政策实施，丰立跟 | | | 随跨国公司，为核心客户提供产品全流程、全生命周期的 | | | 定制生产一站式服务，有效降低客户采购成本、缩短其供 | | | 应链条，为未来快速发展和全面国际化奠定了良好基础。 | | | 3、马来西亚子公司，主要为车企业服务，目前有序推进 | | | 中。 | | 关于本次活动是否涉 | 无 | | 及应披露重大信息的 | | | 说明 | | | 活动过程中所使用的 | 无 | | 演 ...

当时福达股份表示，长坂科技是一家从事精密传动部件研发制造公司，致力于工业机器人、服务机器人 及智能装备的研发、生产和销售，在精密丝杠产品、专用机床设备领域方面具有较强的能力与经验。福 达股份本次增资及收购标的公司股权，是为加速布局人形机器人、智能装备等领域。 （原标题：福达股份携手长坂科技与意优科技签署合作协议? 共同打造人形机器人关节解决方案） 在11月27日举行的2025年第三季度业绩说明会上，福达股份回应关于公司在机器人业务上布局的话题时 表示，公司全自主正向对标开发了行星减速器产品，并通过参股长坂科技拓展反向式行星滚柱丝杠等机 器人精密零部件业务。 人形机器人核心关节模组制造企业上海意优智控科技有限公司（以下简称"意优科技"）12月14日发布消 息称，福达股份(603166)携手参股的机器人核心硬件制造企业长坂（扬州）机器人科技有限公司（简 称"长坂科技"），与意优科技正式签署了战略合作协议。 fund 依据战略合作协议，三方将致力于推动机器人关节模组技术的深度融合，打造高效且低成本的解决方 案。福达股份凭借在精密制造、供应链管理和质量控制方面的优势，意优科技依托领先的机器人关节模 组设计与集成能力， ...

答:公司首次募集资金投入3.5万套的产能，25年根据订单需求下半年追加到5万套的产能，本次定增募 集资金7.3亿，其中包含谐波减速器18万套，小微型减速器20万套，行星减速器6万套的产能。 格隆汇12月11日丨丰立智能(301368.SZ)在投资者关系中表示，有被问到:谐波减速器的产能情况。 ...