以下文章来源于浩海投研 ，作者浩海投研Pro 浩海投研 . 股海无边，浩海领航 导语：AI赋能+机器人破局，光伏老兵的三重增长密码。 在新能源行业从规模扩张转向质量竞争的关键期，成立于2009年的 能辉科技 （301046）， 早已跳出传统光伏企业的发展框架，如今凭借"光伏储能筑根基、 AI赋能 提效率、 机器人 拓 增量"的三维布局，在行业内卷中开辟出了独特的成长路径。 能 源 +AI： 牵手蚂蚁数科，重构能源管理范式 能辉科技是一家以光伏电站研发设计、系统集成和投资运营为主营业务，同时开展新型储能、 智能微电网（包括虚拟电厂）、商用车充换电等新兴业务的新能源产品和技术服务提供商。 作为新能源行业老兵，能辉科技在夯实主业根基的同时，积极寻求战略转型与商业模式创新。 2025年9月，能辉科技与 蚂蚁数科 在外滩大会达成战略合作，共同开发" 能源AI智能体 "应 用。这场能源场景+数字技术的联姻，正从投资、运营管理、资产退出变现三大环节重构能源 管理范式。 目前新能源电力市场化交易是趋势。能辉科技拟在广东省的工商业分布式光伏电站部署蚂蚁数 科的时序大模型和"电力交易辅助决策系统"，未来公司将通过蚂蚁数科提供AI ...

Core Viewpoint - The consensus is forming that bipedal humanoid robots are not suitable for factory environments due to high energy consumption and slower movement speed compared to wheeled robots [2][8]. Group 1: Industry Insights - Many robotics companies are pushing products into manufacturing, including both wheeled and bipedal robots, but the latter is facing challenges in factory settings [2][3]. - New Times has deployed a humanoid robot at Haier's Chongqing refrigerator factory, indicating a partnership aimed at upgrading robot control technology and data collection for training new robots [3]. - Puzhi Robotics has shipped 200 robots, with 60% being wheeled and 40% bipedal, primarily for exhibition purposes rather than industrial applications [4]. Group 2: Technical Challenges - Bipedal robots have significantly higher development costs and complexity compared to wheeled robots, which have more mature technology and lower costs [4][9]. - Current bipedal robots have a movement speed of approximately 1.3 meters per second, while wheeled robots can reach speeds of 2.5 meters per second, making them less suitable for high-paced industrial environments [8][9]. - Bipedal robots face battery life issues, with operational times of 2-3 hours compared to 4-5 hours for wheeled robots, further limiting their industrial applicability [9]. Group 3: Market Dynamics - The investment return rate is a key consideration for industrial enterprises, and the lower initial costs of wheeled robots make them more appealing [10]. - New Times is currently accumulating technology reserves for bipedal robots but does not plan to commercialize them in the short term, reinforcing the preference for wheeled robots in factories [11]. - Experts suggest that while wheeled robots are currently dominant, advancements in bipedal robot technology could eventually lead to their integration into industrial settings [12][13].

Core Viewpoint - The consensus is forming that bipedal humanoid robots are not suitable for factory environments due to high energy consumption and slower movement speed compared to wheeled robots [1][10]. Group 1: Robot Types and Applications - Wheeled robots are currently more adaptable to factory settings, while bipedal robots are primarily used for exhibition purposes [2][4]. - New Times Da has deployed a humanoid robot at Haier's Chongqing refrigerator factory, focusing on upgrading robot control technology and data collection for training new generation robots [4][5]. - Puzhi Robotics has shipped 200 robots, with 60% being wheeled and 40% bipedal, indicating a preference for wheeled robots in industrial applications [4][5]. Group 2: Cost and Efficiency - The development cost of bipedal robots is significantly higher due to increased complexity and the need for more sensors, with prices ranging from 500,000 to 600,000 yuan, while wheeled robots cost between 400,000 and 450,000 yuan [5][8]. - Bipedal robots consume 40% of their energy for movement, leading to inefficiencies in factory settings where speed and energy efficiency are critical [10]. Group 3: Performance and Limitations - Bipedal robots have a movement speed of approximately 1.3 meters per second, while wheeled robots can reach 2.5 meters per second, making them less suitable for high-paced industrial environments [8][9]. - The operational endurance of bipedal robots is limited to 2-3 hours under full load, compared to 4-5 hours for wheeled robots, further impacting their utility in factories [9][10]. Group 4: Future Outlook - Experts express a mixed outlook on the future of bipedal robots in factories, with some believing that technological advancements could eventually allow them to replace wheeled robots [12][13]. - The development of humanoid robots is seen as a long-term goal, with significant challenges remaining in terms of safety, technical feasibility, and economic value [13].

其中，人形机器人DOBOT ATOM实现全国首例工业跨场景多任务协同作业泛化应用，在人机动作 映射与多模态感知等关键技术上取得突破，在高危环境中表现出色，成为"超级工厂"处理复杂工序的核 心操作手。 在"超级大脑"调度下，这些机器人实现了从分拣、检测到搬运的全流程无缝闭环，协同从概念变为 常态。 记者看到，越疆机器人展区，仿佛一座来自未来的"智能工厂缩影"：双足人形机器人兼具移动和精 细化操作能力，轮式机器人灵活穿梭于设备之间执行搬运任务，多足机器狗在复杂环境中稳定巡检，协 作机械臂则在高精度工位上完成柔性装配任务……这些形态各异的机器人并非孤立作业，而是在统一调 度下协同完成从抓取、检测到搬运、组装的全流程任务。 这个被称作"超级工厂"的多形态具身智能机器人平台，实现全球首次多形态通用具身机器人协同常 态化作业， 让四种形态的具身机器人，像一支高度默契的特种部队一样各展所长。 现场工作人员向记者介绍，双足人形是直膝行走和一机多能的AI全能操作选手，除在超级工厂中 完成毫米级分拣、检测、装配、高效搬运等任务，还现场演示贴手机膜、制作爆米花、叠衣服、榨果汁 等商业和家庭复杂任务作业；轮式人形是敏捷的物流先锋，高 ...

Core Insights - The 2025 China International Industrial Fair (CIIF) showcased Shenzhen Yujiang Technology Co., Ltd. as a leading player in the robotics industry, demonstrating a "super factory" concept with various types of robots working in unison [1] - Yujiang's approach focuses on "embodied intelligence" to create a collaborative intelligent system that integrates different types of robots, moving from traditional single-function robots to more advanced, integrated intelligent partners [1][2] Group 1: Technological Advancements - Yujiang has leveraged nearly a decade of technological accumulation, starting with collaborative robotic arms and emphasizing a dual approach of "self-research + scene implementation" [2] - The core innovation of the "super factory" is a centralized discussion and distributed execution architecture, allowing for efficient task planning and scheduling through a "super brain" [2] - The introduction of the DOBOTATOM bipedal robot marks a significant advancement, capable of multi-task collaboration across industrial scenarios and demonstrating high precision and low-latency control [3] Group 2: Market Position and Strategy - Yujiang has established a strong global presence, serving over 100 countries and collaborating with more than 80 Fortune 500 companies, which enhances its industry knowledge and technology development [3] - The platform's compatibility allows enterprises to integrate multiple types of robots without extensive modifications to existing production lines, promoting rapid deployment and scalability [4] - With advancements in humanoid robots and embodied intelligence technology, Yujiang is positioned to become a key player in the global smart manufacturing upgrade [4]

Core Viewpoint - The article highlights the advancements and strategic vision of the company 越疆 in the field of robotics, particularly through its "Super Factory" platform that integrates various types of robots for collaborative tasks, marking a significant evolution in industrial automation towards flexible manufacturing [2][3][5]. Group 1: Super Factory Concept - 越疆's "Super Factory" system employs a "centralized decision-making + distributed execution" architecture, achieving the world's first regular collaborative operation of multi-modal general-purpose embodied robots [3][5]. - The system integrates various robot types, including humanoid, wheeled, and multi-legged robots, transitioning from traditional execution tools to intelligent agents with "perception-decision-execution" capabilities [3][5]. Group 2: Technological Advancements - The company has built a robust foundation over the past decade, evolving from collaborative robotic arms to a multi-modal embodied intelligence platform, driven by self-research technology and practical applications [5][15]. - Key breakthroughs in core components such as servo drives and AI technologies like visual perception and force control have enhanced the robots' decision-making capabilities [5][15]. Group 3: Robot Types and Functions - The "Super Factory" employs four types of robots, each with specific roles: - Humanoid robots for fine operations and multi-tasking [7][10] - Wheeled robots for material transport and rapid response [7] - Multi-legged robots for inspections and transport in unstructured environments [7] - Collaborative robotic arms for high-precision flexible tasks [7][9]. Group 4: Industry Impact and Collaboration - 越疆 has established a strong presence in over 100 countries, collaborating with more than 80 Fortune 500 companies, which has enriched its industry knowledge and practical expertise [15][17]. - The company initiated a collaborative action with 300 global manufacturing enterprises to promote the integration of embodied intelligent robotics into manufacturing environments, emphasizing data-driven technological evolution [15][17]. Group 5: Future Prospects - The "Super Factory" platform's compatibility and ease of deployment allow companies to integrate multiple robots without significant modifications to existing production lines, fostering a continuous improvement cycle [17]. - As humanoid robots and embodied intelligence technologies mature, 越疆 is positioned to play a crucial role in the global smart manufacturing wave, showcasing its capability for system-level innovation [17].

Group 1 - The article highlights China's rapid development in the robotics industry, particularly in service and industrial robots, making it a global leader in this field [1] - By 2024, China's industrial robot market is expected to reach sales of 302,000 units, with Chinese patent applications accounting for two-thirds of global robot patents [1] - Companies like Yushutech and Yundongchu are leading the development of humanoid robots, with a projected market size of $5 trillion by 2050, and over 1 billion units expected to be in use [1] Group 2 - The article mentions the emergence of robots targeting the "silver economy," with companies like Yuliqi Robotics producing robots capable of performing simple tasks for elderly care [2] - Yuliqi Robotics plans to produce 500 units of its newly launched wheeled robot by the end of the year, indicating a growing demand in the service sector [2]

Group 1 - The article highlights China's rapid development in the robotics industry, particularly in service and industrial robots, making it a global leader in this field [1] - By 2024, China's industrial robot market is expected to reach sales of 302,000 units, with Chinese patent applications accounting for two-thirds of global robot patents [1] - Companies like Yushutech and Yundongchu are leading the development of humanoid robots, with a projected market size of $5 trillion by 2050, and over 1 billion units expected to be in use [1] Group 2 - The article mentions the emergence of robots targeting the "silver economy," with companies like Yuliqi Robotics producing robots capable of performing simple tasks for the elderly [2] - Yuliqi Robotics, founded by a Yale University PhD, plans to produce 500 units of its newly launched wheeled robot by the end of the year, indicating a growing market demand [2]

证券日报网讯富临精工（300432）9月15日在互动平台回答投资者提问时表示，公司机器人智能电关节 模组及零部件主要以行星电关节模组、谐波电关节模组为主的系列产品集成了精密减速器、电机、角度 传感器及电控等关键零部件，用于四足机器狗、双足人形机器人及轮式机器人。 ...

Core Insights - The company, Puzhi Future Robotics, will launch 200 embodied intelligent robots, including humanoid and wheeled robots, from its factory [1] - The production capacity is expected to expand to 2,000 units next year [1] - Puzhi Future Robotics is a joint venture established in April this year between Junpu Humanoid Robot Research Institute and Zhiyuan [1]