近年来，人工智能在语言理解、视觉识别等非物理交互领域取得了显著进展，但在涉及实际物理操作的灵巧控 制方面，机器人的能力仍然相对薄弱。即使是简单的抓取、操控等任务，现有机器人系统的表现仍远不及人 类，甚至难以达到婴幼儿的灵活程度。 在灵巧手技术领域，目前尚未形成统一的技术路线标准。 2指、3指、4指和5指构型等各类设计方案，以及绳 驱、直驱等驱动方式，仍处于并行发展阶段。从产业化进程来看，灵巧手技术仍处于关键技术攻关和方案验证 阶段。 ▍ 以人手为天然范本，锚定仿人绳驱式五指 在机器人灵巧操作领域，仿人灵巧手的设计需要满足多方面的技术要求。 从功能需求来看，理想的灵巧手应 当具备高自由度运动能力、精确的力位控制、环境自适应性和快速响应等特性。 这些需求与人手的操作特性 高度吻合，也决定了五指仿生结构的技术合理性。 人类双手是长期进化的优化成果，其结构为灵巧手仿生设计提供了天然范本。 五根手指中，拇指可对握，与 四指协同完成抓、握、捏等动作；指节比例接近黄金分割（如中指三节长度比约为 1:0.6:0.4），在灵活性与 力量间达到平衡；每指三关节的设计实现毫米级操作精度；皮肤、肌腱与骨骼的配合，既保证发力能力，又具 ...

Core Viewpoint - The article discusses the rapid advancements and competitive landscape of dexterous hand technology within the embodied intelligence sector, highlighting key players and their innovative products in the field [1][63]. Group 1: Company Summaries - **Beijing Yinshi Robot Technology Co., Ltd.**: Founded in 2016, focuses on micro precision motion components and servo control technology, with products like micro servo cylinders and humanoid dexterous hands, excelling in miniaturization and precision control [1]. - **Shanghai Aoyi Information Technology Co., Ltd.**: Established in 2015, specializes in smart bionic prosthetics and rehabilitation systems, recently launching the second-generation dexterous hand ROH-AP001, which features high-density tactile sensors and lightweight design [1][2]. - **Paxini Perception Technology (Shenzhen) Co., Ltd.**: Founded in 2021, focuses on advanced tactile technology and humanoid robots, offering dexterous hands with extensive tactile sensing capabilities [1][9]. - **Zhejiang Qiang Brain Technology Co., Ltd.**: Established in 2015, aims to lead in non-invasive brain-computer interface technology, developing smart bionic hands that integrate with brain-computer interfaces for intuitive control [1][12]. - **Daimeng (Shenzhen) Robot Technology Co., Ltd.**: Founded in 2021, develops high-resolution tactile sensing dexterous hands, integrating AI and robotics for innovative solutions in various fields [1][13]. - **Lingxin Qiaoshou (Beijing) Technology Co., Ltd.**: Established in 2019, focuses on dexterous hands with high degrees of freedom, surpassing human capabilities in certain movements [1][19]. - **Zhejiang Lingqiao Intelligent Technology Co., Ltd.**: Founded in 2024, emphasizes dexterous operation technology, with flagship products featuring multiple degrees of freedom and advanced sensor integration [1][20]. - **Shenzhen Yihai Yuanshi Technology Co., Ltd.**: Established in 2021, focuses on brain-like intelligence and dexterous hand technology, providing innovative solutions for robotic dexterity [1][28]. - **Shenzhen Zhaowei Electromechanical Co., Ltd.**: Founded in 2001, offers micro drive systems, recently launching a new generation of bionic dexterous hands with significant upgrades [1][32]. - **Beijing Siling Robot Technology Co., Ltd.**: Established in 2018, leverages technology from the German Aerospace Center to innovate in robotic applications, focusing on lightweight robotic arms [1][35]. - **Zhongke Guiji (Nanjing) Robot Co., Ltd.**: Founded in 2024, specializes in general dexterous operation capabilities for robots, developing a series of products for various applications [1][54]. Group 2: Industry Trends - The article highlights the competitive landscape of the dexterous hand technology sector, indicating a surge in innovation and product development among numerous companies [1][63]. - The rapid technological advancements and the expansion of application scenarios suggest that the Chinese market for embodied intelligence components is entering a critical phase of competition [1][63].

2025年，火起来的是具身智能，"量产元年"同步到来。随意去往一个产业活动的现场，步入一家"机器人创新中心"，找出几只会翻跟头的机器狗，找到几个 能倒水的机器人似乎已经不是难事。 在2025年具身智能机器人场景应用生态论坛暨成都成华经开区具身智能产业发展大会上，评出了22家"技术先锋奖"，16家"场景拓展先锋奖"，获奖企业产品 涵盖电机、视觉传感器、相机、轴承、连接器、控制器等零部件，同时有各应用领域人形机器人、类人形机器人、双足机器人、灵巧手等。 2025年具身智能机器人场景应用生态论坛展示区 即使面前仍有众多技术难点等待突破，但是"造出具身智能机器人"对不少企业来讲是一个已经实现的目标。 销售方式的探索从未停下。例如，北京亦庄就宣布了具身智能机器人4S店即将亮相，集机器人销售、零配件供应、售后服务、信息反馈于一体。不久之 后，个人或者企业就能够像买车一样选购机器人。 贯穿整个创业、研发过程的问题是：需求在哪里？我要卖给谁？ 在蓉城举办的具身智能产业发展大会现场，36氪四川注意到，黑红配色，走路铿锵有力的小家伙是来自深圳企业"逐际动力"的TRON1多形态双足机器人。 行走、跳跃、上下楼梯、"踢不倒"等能力经 ...

Core Viewpoint - The development of dexterous robotic hands has evolved significantly, emphasizing that high degrees of freedom (DOF) do not necessarily equate to higher dexterity, as demonstrated by biological examples [1][2][4]. Group 1: Dexterity Evaluation Standards - A new quantifiable dexterity evaluation system has been proposed, which includes the Index of Dexterity (IOD), Index of Sensitivity (IOS), and Index of Intelligence (IOI) to redefine performance assessment standards for dexterous hands [4][21]. - Current visual-language-action models (VLA) focus primarily on grasping functions, with limited support for fine manipulation due to insufficient data representation in open-source datasets [2][4]. Group 2: Product Innovations - The company has launched several new products, including the DexHand021 Pro, DexHand021 S, and DexCap data acquisition system, each featuring differentiated technological paths [6][10][25]. - DexHand021 Pro features a bionic design with 22 degrees of freedom, allowing for complex actions such as "pouring" and dynamic posture adjustments in unstructured environments [10][16]. - DexHand021 S, with a dual-thumb design, supports 8 degrees of freedom and surpasses traditional low-DOF grippers in functionality [12][25]. Group 3: Sensory and Intelligence Advancements - The IOS index quantifies the dexterous hand's environmental interaction and information processing capabilities, emphasizing the need for multi-modal sensory integration for complex tasks [21][22]. - The IOI index measures the cognitive and decision-making capabilities of dexterous hands, enabling autonomous planning and task execution in dynamic environments [27][28]. - The DexCap data acquisition system enhances the dexterous hand's sensory capabilities through high-density sensor networks and real-time data processing, improving operational efficiency in collaborative settings [24][30]. Group 4: Industry Impact and Future Directions - The introduction of the dexterity evaluation system aims to bridge the gap between biological intelligence and machine intelligence, providing a standardized framework for industry innovation [33]. - The advancements in dexterous hand technology are expected to expand applications in various fields, including industrial manufacturing, medical rehabilitation, and home services, enhancing human-robot collaboration [33].

Group 1 - The Robot ETF (562500) has increased by 0.36%, with notable gains from stocks such as iFlytek, which rose by 4.3%, Ecovacs by 2.7%, and Keda Intelligent by 2.66% [1] - The trading volume for the Robot ETF has exceeded 1.3 billion yuan, making it the top performer among comparable funds, with a turnover rate of 1.04% [1] - The latest net inflow of funds into the Robot ETF is 94.74 million yuan, indicating active market participation [1] Group 2 - Lingqiao Intelligent has launched three new dexterous hand products, including the high dexterity DexHand021 Pro and two budget-friendly models [1] - CITIC Construction Investment believes that cost reduction is an inevitable trend in the industry, predicting that the future cost of humanoid robots could be around 80,000 yuan or even lower [1] - As mass production progresses, the supply chain costs are expected to decrease, with component prices potentially falling below 1,000 yuan, leading to significant market expansion [1] Group 3 - The Robot ETF (562500) is the only fund in the market with a scale exceeding 10 billion yuan, offering the best liquidity and comprehensive coverage of the Chinese robotics industry [2]

Market Overview - On May 30, 2025, the Sci-Tech AI ETF Huaxia (589010) fell by 2.08%, with Zhonghuai Technology leading the decline at 7.44%, followed by Zhongke Xingtou at 7.31% and Youkede at 3.99% [1] - The Robot ETF (562500) also decreased by 2.01%, with Tianhuai Technology again leading the drop at 7.44%, followed by Kelaimechat at 6% and Dongjie Intelligent at 5.99% [1] - The trading volume for the day was 537 million yuan, making it the top ETF in its category, with a turnover rate of 4.21% [1] Key Developments - The YZ Robot's Expedition A2 humanoid robot has received certifications from China CR, EU CE-MD, EU CE-RED, and US FCC, making it the first humanoid robot globally to hold certifications from these three regions, and the first in China to obtain CR and CE-MD certifications [1] - Lingqiao Intelligent launched three new dexterous hand products, including the high dexterity DexHand021 Pro and two budget-friendly models, DexHand021 S and DexCap data acquisition system [1] - Lingqiao Intelligent was established in January 2024, incubated by the Shanghai AI Research Institute, and is headquartered in Xinchang, Zhejiang [1] Institutional Insights - CITIC Securities noted that the humanoid robot sector is experiencing differentiation, with previously high-performing stocks undergoing corrections. The market is focusing on low-valuation, safer investment opportunities in embodied intelligence applications [3] - The recommendation is to explore investment opportunities in "AI + Robotics" beyond just humanoid robots, including sensors, dexterous hands, robotic dogs, and exoskeleton robots [3] Popular ETFs - The Robot ETF (562500) is the only ETF in the market with a scale exceeding 10 billion, offering the best liquidity and comprehensive coverage of the Chinese robotics industry [4] - The Sci-Tech AI ETF Huaxia (589010) is described as the "brain" of robotics, with a 20% fluctuation range and the ability to capture "singularity moments" in the AI industry [4]

Core Viewpoint - The article emphasizes the significance of dexterous hands in humanoid robots, highlighting their role as the "last centimeter" that enables robots to adapt to various environments and perform tasks similar to humans. The dexterous hand industry is still in its infancy, facing numerous technical challenges and high costs, which hinder rapid market development [1]. Company Overview - Zhejiang Dexterous Intelligent Technology Co., Ltd. (referred to as "Dexterous Intelligent") was established in 2024 and quickly gained attention in the industry. Within 10 months, the company launched the DexHand021 concept model and subsequently the mass production version, marking a significant transition from concept to commercialization [2]. - The founding team of Dexterous Intelligent consists of experienced entrepreneurs with 15-20 years of expertise in their respective fields, fostering a strong and efficient decision-making core [2][3]. Founders and Team - Dr. Xu Chunshan, the founder and chairman, is a seasoned expert in robotics, having previously co-founded a successful robotics company that went public within four years. He identified the bottleneck in the industry related to dexterous hands and operations, leading to the establishment of Dexterous Intelligent [3]. - Dr. Zhou Chen, the co-founder and CEO, has a strong research background and experience in corporate mergers and acquisitions. He returned to the robotics field to co-found Dexterous Intelligent [4]. - Dr. Zhu Haohua, the co-founder and CTO, has extensive experience in high-difficulty industrial product development and has integrated a core technology team into Dexterous Intelligent [6]. Technological Breakthroughs - Dexterous Intelligent has made significant advancements in two core technologies: transmission and perception. The company has innovatively adopted rope-driven technology, mimicking human muscle-tendon dynamics, which offers advantages such as reduced energy consumption and compact structure [8][9]. - The company utilizes capacitive sensors at the fingertips of its dexterous hands, enhancing the ability to perceive object positions and adjust grip strength accordingly, improving operational stability [11]. Product Offerings - The mass-produced DexHand021 is priced under 100,000 yuan, providing a competitive edge compared to international counterparts. The company aims to reduce prices further as production scales, with a target price of 10,000 yuan upon reaching sales of 10,000 units [13][17]. - Dexterous Intelligent's product lineup includes the DexHand021, a three-finger version for specific applications, and a high-end version for research institutions and large enterprises, showcasing the company's technological capabilities [14]. Industry Development Initiatives - Dexterous Intelligent has taken the initiative to establish a dexterous hand industry alliance to promote healthy industry development and facilitate technology exchange. This alliance aims to accelerate the commercialization of dexterous hand technology across various sectors [19].