昨天， 智元机器人还刚刚 发布了一款哪吒机器人灵犀X2-N。 ▍ 两年上市神话 7月8日晚 ，资本与科技圈被一则重磅消息点燃：成立仅两年的机器人新锐智元机器人宣布收购上市公司上纬 新材控股权！ 总价款大概 20 来亿， 收购 63.62% 股份，智元已经打了 2.3 亿到保证金账户。 待交易完成 后，上纬新材控股股东将变更为智元机器人及其管理团队共同持股的主体，实际控制人将变更为邓泰华，核心 团队包括稚晖君等。 智元机器人 的 故事始于 2023 年 2 月 ， 联合创始人彭志辉（ B 站知名 UP 主 " 稚晖君 " ）凭借其华为 " 天才少年 " 的光环和坐拥 250 万 + 粉丝的影响力，成为公司面向公众的旗帜性人物。他卓越的技术 背景 为 这家初创企业注入了强大的技术标签。然而，一个关键信息在当时被隐藏： 据权威信源及市场分析，华为前 副总裁、计算产品线原总裁邓泰华实为公司的共同创始人之一。 这一身份在其创立后长达两年多的时间里从 未公开，市场推测或与其华为背景及竞业协议有关。内部消息更指出，智元的创立源于邓泰华的战略邀约与主 导运筹。 资本迅速嗅到机会 ， 2023 年 3 月，成立仅一个月，智元机 ...

Investment Rating - The report maintains a rating of "Outperform the Market" for the automation equipment industry [4]. Core Insights - The report highlights the launch of the Genie Operator-1 model (GO-1) by Zhiyuan Robotics, which introduces the innovative ViLLA architecture, enabling robots to learn from human video and achieve rapid generalization with small samples, thus lowering the barriers to embodied intelligence [1][2][19]. - The release of the Lingxi X2 robot showcases significant advancements in motion control and interaction capabilities, with a modular design that enhances its performance in complex tasks [3][33]. - The report emphasizes the rapid development of the humanoid robot industry, with manufacturers planning to initiate mass production of thousands to tens of thousands of units by 2026, suggesting a focus on companies with cost-effective component supply capabilities and technological advantages [3][36]. Summary by Sections 1. Rapid Development of Zhiyuan Robotics - Zhiyuan Robotics has achieved mass production of general-purpose embodied robots since its establishment in February 2023, with significant milestones including the launch of the first commercial humanoid robots and the establishment of a manufacturing facility [9][10]. 2. Launch of GO-1 Model - The GO-1 model, released on March 10, 2025, utilizes the ViLLA architecture to enhance robot learning capabilities by leveraging human video data for training, which significantly reduces training costs and accelerates the adoption of embodied intelligence [19][23][30]. 3. Introduction of Lingxi X2 Robot - The Lingxi X2 robot, launched on March 11, 2025, features a modular design and advanced motion control capabilities, allowing it to perform complex actions such as cycling and dancing, while also achieving rapid interaction responses [3][35][33]. 4. Humanoid Robot Industry Chain Analysis - The report outlines the expected mass production plans for humanoid robots, recommending a focus on companies with strong supply chain capabilities and technological advantages, highlighting key players in the industry [3][36].