新工艺"爆改"手搓流水线，主机厂商谋降本。 2025年行至末尾，围绕成本和效率的博弈，正在向产业上游推进。不同以往，这一次，整机厂商开始直接参与其中。 近日，上海机器人企业傅利叶对外公布了一款专为人形机器人打造的六维力传感器，一位接近傅利叶的业内人士告诉 第一财经记者，该核心零部件"定价将降至5000元以内，"目前被人形机器人使用的六维力传感器价格普遍在万元级。 六维力传感器之外，第一财经记者了解到，2025年年初至今，国产的视触觉传感器、减速器、灵巧手均有较大降幅， 部分零部件降价幅度超过50%。有机器人工程师向记者指出，上游核心零部件价格下探，部分来自于工艺与制造方式 的变化，另一方面则是多元的参与倒逼零部件率先"降价换规模"。"整机厂商主动下探零部件成本，或许也是为人形机 器人走向规模化应用提前清理障碍。" 在广东一家从事传感器标定业务的工厂里，女工刘楠（化名）每天面对的，是一只只已经完成装配、但"尚未学会如 何理解力"的六维力传感器。 她告诉第一财经记者，她的工作从早上开始，反复持续一整天：将传感器固定在标准力台上，按照既定顺序，分别从 不同方向施加推力、拉力与扭矩，再记录传感器输出的变化情况。 这一 ...

"三个月内连续完成两轮融资"、"中国移动、招商局集团、联想三大'链主'集体押注"，这无疑是一个非 常明确的行业信号：触觉感知将成为具身智能落地的关键，而戴盟将成为这条技术路线中最具商业价值 的企业之一，资本方从中看到了定义具身智能未来的机遇。 2025年，人形机器人的运动能力无疑在突飞猛进，然而能快速奔跑跳跃甚至后空翻的机器人，却可能 拿不稳一颗鸡蛋——这一尴尬反差，正是行业发展的核心痛点。在惊艳的运动性能背后，"精细操作"能 力的缺失，正成为机器人广泛商用落地的关键瓶颈。这一共识之下，攻克高精度、低成本的触觉传感技 术，已成为吸引资本密集入局的焦点赛道。 近日，具身智能触觉感知企业戴盟机器人，宣布完成亿元级战略轮融资，本轮融资由中国移动链长基金 独家投资。值得注意的是，本轮融资距离上一轮由招商局创投领投的融资仅过去两个多月。梳理企业历 次融资不难发现，戴盟的投资者分布几乎覆盖了当下最具决策权与资源协同能力的三大资本体系：国家 级产业资本、科技巨头基金与风投资本。如招商局创投依托央企体系掌握产业级场景资源；联想创投作 为长期深耕硬科技的头部机构，被外界称为"独角兽捕手"；昆仲资本的早期押注，则体现了风投对触觉 ...

以下文章来源于高工人形机器人 ，作者Levi. 高工人形机器人 . 高工机器人旗下聚焦具身智能、人形机器人赛道平台，覆盖计算、感知、控制、执行、本体核心供应 链，提供品牌传播策划、行业研究咨询服务，洞察行业变革，挖掘未来之星 想象一下：当你握住一只玻璃杯，会本能地调整力道，既不让它滑落也不至于捏得太紧；而捏起一片薯 片时，则会更加轻柔克制，避免薯片碎成残渣。这种对力度细致入微的掌控，对人类而言不假思索，但 对机器人来说，却是一道棘手的技术难题。 让这一切精准可控的关键，正是触觉 。 这是戴盟机器人两年以来完成的第四次融资，节奏并不算太快，前三次融资分别为： 今年8月，戴盟机器人宣布完成亿元级天使++轮融资，由招商局创投领投，东方嘉富、架桥资本跟投， 本轮融资将助力戴盟加速全球领先的视触觉感知与灵巧操作技术的落地应用，持续引领具身智能技术的 产业化进程； 2024年11月，戴盟机器人连续完成两轮亿元级天使+轮融资，由金鼎资本、国中资本、联想创投以及招 银国际联合投资。本轮融资资金主要用于 光学视触觉 传感器、触觉灵巧手以及含触觉的多模态感知操 作模型等产品与技术研发。 2023年9月，戴盟机器人完成数千万天使轮 ...

12月2日，戴盟机器人宣布完成新一轮的亿元级战略融资，由中国移动链长基金投资。这是这家由香港 科技大学孵化的机器人视触觉传感器厂商，在三个月内完成的第二笔融资。 视触觉传感器主要加装于机器人的执行器末端，如夹爪、灵巧手指腹的位置。 现阶段，视触觉传感器商业化刚刚开始，当厂商们站在产能爬坡的节点，面前摆着的不仅是技术可行性 的问题，更是能不能规模化、能不能降本、能不能真正进入应用场景的现实考题。 机器人能跑、能说，但还摸不懂世界 亿元级别的资金，涌入了机器人上游赛道。 戴盟机器人研发负责人杜博向第一财经记者透露，从4月份发布首代产品以来，每个月的订单量维持在 几千片视触觉传感器左右，"我们目前正处于量产爬坡阶段"。 一目科技的创始人李智强也告诉第一财经记者，目前公司正在从小批量验证进入量产爬坡阶段，"这个 阶段大部分厂商面临的是如何提升规模化生产和产品一致性的能力"。 谈及视触觉方案的原理，一目科技的创始人李智强告诉第一财经记者，视触觉传感器的基本原理是在软 材料，比如软凝胶里面放摄像头，靠摄像头拍到物体的形变或内部灯光的变化，进而推算触觉信息。 记者亲身体验戴盟机器人和一目科技的视触觉传感器后发现，和传统的触 ...

亿元级别的资金，涌入了机器人上游赛道。 12月2日，戴盟机器人宣布完成新一轮的亿元级战略融资，由中国移动链长基金投资。这是这家由香港 科技大学孵化的机器人视触觉传感器厂商，在三个月内完成的第二笔融资。 视触觉传感器主要加装于机器人的执行器末端，如夹爪、灵巧手指腹的位置。 现阶段，视触觉传感器商业化刚刚开始，当厂商们站在产能爬坡的节点，面前摆着的不仅是技术可行性 的问题，更是能不能规模化、能不能降本、能不能真正进入应用场景的现实考题。 机器人能跑、能说，但还摸不懂世界 谈及视触觉方案的原理，一目科技的创始人李智强告诉第一财经记者，视触觉传感器的基本原理是在软 材料，比如软凝胶里面放摄像头，靠摄像头拍到物体的形变或内部灯光的变化，进而推算触觉信息。 记者亲身体验戴盟机器人和一目科技的视触觉传感器后发现，和传统的触觉传感器不同，视触觉传感器 有一定的硬度。加装触觉传感器的机器人手指在用力的时候能够摸清材质表面的纹理，甚至能够摸出麻 将表面的花纹和一元硬币上的纹路。 在这样的情况下，多出一个视触觉的传感信号，能够帮助机器人更好地理解布料的材质、纹理，也能够 进一步提升操作效率。"更多元的信号，也是训练更聪明模型，让机 ...

近日， 孵化于香港科技大学的 具身机器人公司 戴盟机器人宣布完成亿元级战略轮融资，本轮融资由中国 移动链长基 金独家投资 。值得关注的是，这是戴盟机器人在三个月内完成的第二轮融资，此前其在2025 年8月刚完成亿元级天使++轮融资，由招商局创投领投，东方嘉富、架桥资本跟投；叠加此前的天使轮与 天使+轮融资，戴盟机器人累计融资金额已达数亿元，在触觉传感领域创下亮眼融资纪录。 据悉， 本轮战略融资资金将重点用于五大方向 ：加速前沿技术突破、推进新品研发及量产、深化 VTLA （含视觉、触觉和语言的操作模型）建设、扩建核心团队，以及拓展全球市场，为其在具身智能赛道的持 续领跑注入动力。 作为中国移动发起设立的产业链发展基金，中国移动链长基金始终紧扣国家战略导向与企业发展规划，在 机器人领域已构建起 "具身智能—本体制造—核心零部件" 的全产业链投资布局。早在2025年7月，中国 移动便联合戴盟机器人、宇树、智元、众擎等行业头部企业共同发起 "具身智能产业合作计划"。此次投资 后，双方将进一步深化战略协同，尤其聚焦 "以人为本" 的数据采集，结合戴盟先进的VTLA模型，最大化 挖掘触觉数据价值，赋予机器人更高级的智能 ...

Core Insights - The 27th High-Tech Fair (HITF) showcased over 5,000 new technologies and achievements, attracting global attention to Shenzhen and China [1][2] - The event served as a significant platform for technology innovation, resource integration, and international collaboration, highlighting Shenzhen's role as a global innovation hub [1][4] Group 1: Event Overview - The HITF attracted professional audiences from over 120 countries and regions, with attendance exceeding 450,000 over three days, a 13% increase year-on-year [1][2] - More than 1,023 supply-demand matches and investment projects were signed, with intended transaction and investment amounts surpassing 170 billion yuan [1][5][6] Group 2: Technological Highlights - The fair featured over 90% of exhibits showcasing "high, precision, and cutting-edge" technologies, with more than 20% being debut displays [2] - Notable exhibits included the "Shenzhen Star" Asia-Pacific 6D satellite, the Hualong One nuclear reactor, and EH216-S unmanned aerial vehicles, demonstrating China's hard tech capabilities [2][3] Group 3: Market and Capital Integration - The HITF implemented a "136" plan to enhance market demand matching, with 10% international and 60% domestic procurement participation [5] - Over 3,000 domestic and international investment institutions participated, facilitating connections between innovative companies and financial capital [5][6] Group 4: International Collaboration - The fair established itself as a key platform for global technology exchange, with significant participation from countries along the Belt and Road Initiative [7][8] - New cooperation models emerged, focusing on technology standard co-construction and market development, enhancing the fair's role as a global innovation arena [9]

Core Insights - The 27th China International High-Tech Achievements Fair (referred to as "High-Tech Fair") is recognized as a significant platform for technological innovation and industrial development, taking place in Shenzhen for three days starting November 14 [1][12] - The event showcases a shift from merely displaying products to actual commercial transactions, with over 20% of products being launched for the first time at the fair [12] Group 1: Robotics and AI Development - The evolution of robotics is highlighted by the integration of AI models, transforming robots from automated devices to intelligent workers capable of performing complex tasks [2][5] - The focus on "smart brains" in robots is evident, with companies like Zhihui Square showcasing robots that can perform tasks such as drumming and responding to voice commands, indicating advancements in AI capabilities [5][7] - The emergence of "AI digital employees" is noted, with applications in various sectors, including sales, where AI can analyze customer needs and streamline processes [7][12] Group 2: Hardware Innovations - The importance of hardware capabilities, particularly in precision tasks, is emphasized, with advancements in dexterous hands and tactile sensors enabling robots to perform delicate operations [9][10] - Companies are leveraging Shenzhen's robust manufacturing and supply chain capabilities to reduce costs significantly, making advanced robotics more accessible for industrial applications [10][11] Group 3: Market Dynamics and Transactions - The fair has attracted over 5,000 enterprises from more than 100 countries, with a significant number of professional buyers indicating a strong demand for innovative technologies [12] - Notable transactions in the AI robotics sector were reported on the first day, including strategic partnerships and orders, underscoring the fair's role as a marketplace for technology [13] - The event marks a transition for Shenzhen as a global technology trendsetter, facilitating the rapid conversion of technology into market-ready products [13]

Core Insights - The application value of general-purpose robots largely depends on their upper limb operational capabilities, which are tied to their sensory abilities and the enhancement of sensory hardware and software [1] - The emerging consensus in the industry is that the embodied intelligent robot market is driving significant growth in China's sensor market, creating new downstream applications beyond traditional consumer and automotive electronics [1] - The rise of the Chinese robotics industry is accelerating the growth and technological breakthroughs of domestic sensor manufacturers [1] Sensor Market Dynamics - The humanoid robot industry is becoming a new engine for the growth of the sensor market, with sensors accounting for approximately 20% of the cost in robotic systems [4] - China's sensor market is projected to exceed 406.12 billion yuan in 2024, with a year-on-year growth of 11.4%, and is expected to reach 579.34 billion yuan by 2027 [4] - The high-end sensor market has been dominated by international giants, with the top five foreign manufacturers holding 88% of the market share in IMU sensors [4] Technological Advancements - The "Tiangong" humanoid robot, developed by the Beijing Humanoid Robot Innovation Center, won the 100-meter race at the World Humanoid Robot Games, showcasing its advanced sensory capabilities [2] - The robot's performance is attributed to its use of inertial sensors that provide real-time motion data, enabling it to maintain balance and navigate complex environments [2] - Domestic companies are demonstrating strong technological capabilities, with examples like Daimeng Robotics creating the world's first mass-producible millimeter-thick tactile sensors [4] Domestic Sensor Industry Growth - The demand from the humanoid robot industry is driving an increase in the market share of domestic sensor products, with a reported 1100% year-on-year increase in the shipment of six-dimensional force sensors in the humanoid robot sector [6] - The domestic localization rate of these sensors has risen from 19% four years ago to 57.8% [6] - However, challenges remain for domestic manufacturers, including insufficient chip manufacturing capabilities and the need to overcome established customer barriers set by foreign competitors [6]

Event Overview - The company released its Q3 2025 report, showing revenue of 1.81 billion yuan for the first three quarters, a year-on-year increase of 10.13%. The net profit attributable to shareholders was 210 million yuan, up 36.89% year-on-year, while the non-recurring profit was 130 million yuan, down 13.53% year-on-year. In Q3 2025, revenue was 586 million yuan, a year-on-year increase of 0.48% but a quarter-on-quarter decrease of 5.28%. The net profit attributable to shareholders was 106 million yuan, up 109.83% year-on-year and 129.13% quarter-on-quarter, while the non-recurring profit was 30 million yuan, down 45.11% year-on-year and 32.51% quarter-on-quarter [2]. Revenue and Profit Analysis - Revenue remained stable with Q3 2025 revenue at 586 million yuan, showing a year-on-year increase of 0.48% and a quarter-on-quarter decrease of 5.28% [3] - The net profit attributable to shareholders for Q3 2025 was 106 million yuan, reflecting a significant year-on-year increase of 109.83% and a quarter-on-quarter increase of 129.13%. The non-recurring profit was 30 million yuan, down 45.11% year-on-year and 32.51% quarter-on-quarter. The gross margin for Q3 2025 was 15.23%, a decrease of 2.68 percentage points year-on-year and 2.78 percentage points quarter-on-quarter [3] - The increase in net profit and net profit margin year-on-year was primarily driven by non-recurring gains, with fair value changes contributing 87 million yuan [3] Strategic Collaborations - The company is collaborating closely with Nidec to develop a new blueprint for the new energy and humanoid robot industries, focusing on "technology empowerment + capacity collaboration + market resonance." This partnership aims to analyze technological iteration trends and global market demand changes in key components of new energy vehicles [4] - In the field of humanoid robot harmonic reducers, the company and Nidec have engaged in in-depth discussions on technology development, capacity expansion, and processing business collaboration, aiming for further cooperation to meet growth demands in humanoid, collaborative, and industrial robots [4] Investment in Technology - In July 2025, the company made a strategic investment in Shenzhen Diedong Technology Co., Ltd., which has a core team from prestigious universities. Diedong Technology has developed the world's first high-performance visual tactile sensor using MEMS technology. This collaboration is expected to create a synergistic effect between hardware and perception, enhancing applications in robotic end-effectors and dexterous hands [5] Financial Projections - The company maintains a solid position as a leader in EGR, forming a three-dimensional driving pattern of "traditional business + new energy business + international layout." Revenue projections for 2025-2027 are 3.23 billion, 4.08 billion, and 5.07 billion yuan, with net profits of 303 million, 381 million, and 529 million yuan respectively. The expected EPS for these years is 1.33, 1.67, and 2.32 yuan, corresponding to PE ratios of 40, 32, and 23 times based on the closing price of 53.66 yuan per share on October 20, 2025 [6][8]