Group 1: CES 2026 Overview - The CES 2026 in Las Vegas showcased over 4,000 exhibitors, with 942 Chinese companies participating, accounting for approximately 22% of the total, making China the second-largest exhibiting country globally [4] - This year's focus was on AI and hardware, with a notable increase in the presence of Chinese brands [3] Group 2: Embodied Intelligence Sector - Among the 38 humanoid robot exhibitors, 21 were from China, representing 55% of the total, indicating a shift towards showcasing engineering delivery capabilities and real-world operational abilities [6] - Chinese company UniX AI gained significant media attention at CES, being featured in major global news outlets shortly after its presentation [6] - Unitree showcased its H1 humanoid robot, which has a 360-degree perception capability and a 15 kg load capacity suitable for industrial inspections [7] - Galaxy General demonstrated a collaborative operation between humanoid and quadruped robots, introducing a new outdoor inspection model with enhanced environmental adaptability and an 8-hour battery life [9] Group 3: Autonomous Driving Sector - Companies like Geely, Great Wall, Leap Motor, and New Stone presented their products at CES, indicating that autonomous driving is becoming a consumer product [11] Group 4: AI Glasses and Consumer Products - Among the 23 AI glasses brands, nearly 70% were Chinese, including Alibaba, XREAL, and Thunderbird [15] - Domestic brands like TCL and Hisense showcased their strengths, while emerging brands like MOVA and Yingshi also made their presence felt [17]

2026.01. 07 本文字数：2019，阅读时长大约4分钟 作者 | 第一财经 刘佳、乔心怡 可能是觉得机器人互博还不够刺激，很快有观众互动参与人机格斗，展位人气十足。 搏击台一侧，多台机器人正"静坐"待命，其中R1机器人的座椅上标着4900美元的极具竞争力的售 价。 紧邻宇树的众擎机器人展台则呈现了另一种画风：一台机器人正动作整齐地做着"第八套广播体 操"，展示其关节协调性。 而在宇树与众擎对面的新加坡机器人公司Sharpa，则是第一次参展。工作人员正指挥机器人精准地 捏起一张轻薄的宣传单，放到记者手边，以此展示其拥有22个关节的灵巧手。谈及与中国企业的竞 争，对方表示："大家各有所长。" 第一次参展的星海图展台上，一位工作人员告诉第一财经记者，此次他们带来了从关节模组到机械臂 和机器人的全线产品。她表示参展主要希望拓展海外业务。目前星海图的海外客户主要来自海外开发 者做模型和应用。 人气最旺的是首次海外亮相的智元机器人。CES开展约18分钟，第一财经记者看到一台戴着草帽热 舞的人形机器人吸引了大量外籍观众驻足拍照。而此前由"天才少年"稚晖君发布的全身力控人形机 拉斯维加斯当地，CES 2026（美国拉 ...

"即便是海外机器人企业，到了硬件制造环节，多少也离不开中国供应链。" 拉斯维加斯当地，CES 2026（美国拉斯维加斯消费电子展）刚刚开馆十几分钟，中国人形机器人已经"先声夺人"。机器人格斗、人机同台互动、赛博遛四足 狗，跳操、热舞、递名片。中国具身智能企业用一场高密度技术秀迅速点燃现场人气，也让越来越多海外观众直观感受到：中国机器人，正在从实验室走向 真实的市场和生活。 智元宇树人气旺，老外点赞中国机器人 第一财经记者看到，CES开幕仅13分钟，宇树科技（Unitree）并不算大的展台便被围了不少观众。展台中央，一场"机器人格斗赛"正在上演：两台头戴红蓝 头盔的G1人形机器人拳脚相加，其中一台险些被击出场外，激烈的对抗引发观众阵阵惊呼。 可能是觉得机器人互博还不够刺激，很快有观众互动参与人机格斗，展位人气十足。 搏击台一侧，多台机器人正"静坐"待命，其中R1机器人的座椅上标着4900美元的极具竞争力的售价。 紧邻宇树的众擎机器人展台则呈现了另一种画风：一台机器人正动作整齐地做着"第八套广播体操"，展示其关节协调性。 而在宇树与众擎对面的新加坡机器人公司Sharpa，则是第一次参展。工作人员正指挥机器人精准地 ...

● 本报记者 葛瑶 刘英杰 全球人形机器人产业或迎来"拐点"时刻。在刚刚开幕的2026年国际消费电子展（CES 2026）上，海内外 厂商旗下的最新产品纷纷亮相，人形机器人已成为全球科技竞争与产业变革的核心焦点。数据显示，人 形机器人概念指数自2025年12月17日以来累计上涨12.92%。 国内方面，近十家国内领先的人形机器人制造商在CES 2026集中亮相，包括宇树科技、智元机器人、 傅利叶、银河通用、云深处等。其中，宇树科技或将展示G1及H1人形机器人；智元机器人计划带来包 括灵犀X2、远征A2在内的全系列产品；傅利叶将展示其新一代GR-3人形机器人。在家用清洁机器人领 域，石头科技、追觅科技、科沃斯（603486）等企业也展出了具备机械臂等功能的智能产品。 产业链协同布局 在人形机器人产业化的浪潮中，A股上市公司正凭借各自的技术积累，在产业链不同环节积极布局，形 成多元化发展路径。 在机器人"关节"关键部件——精密减速器方面，昊志机电（300503）日前在互动平台表示，公司生产的 谐波减速器、关节模组等机器人核心部件产品正向部分人形机器人厂商送样测试，公司积极跟进并持续 关注送至客户端的机器人相关产品 ...

● 本报记者 葛瑶 刘英杰 全球人形机器人产业或迎来"拐点"时刻。在刚刚开幕的2026年国际消费电子展（CES 2026）上，海内外 厂商旗下的最新产品纷纷亮相，人形机器人已成为全球科技竞争与产业变革的核心焦点。Wind数据显 示，万得人形机器人概念指数自2025年12月17日以来累计上涨12.92%。 分析人士认为，具身机器人行业未来市场空间广阔，产业链技术不断取得突破，商业化落地进展顺利， 全球市场已呈现供需共振、景气度同步提升的良好态势。 人形机器人"进阶之年" 北京时间1月6日-1月9日，CES 2026在美国拉斯维加斯举办。受展会预期及产业进展推动，A股人形机 器人概念板块持续活跃。Wind数据显示，1月6日，万得人形机器人概念指数上涨0.54%，指数成分股 中，翔楼新材、航天智装涨超5%，冠盛股份、绿的谐波等涨超4%。 作为全球科技的风向标，CES 2026汇聚了国内外顶尖企业的最新技术成果，而人形机器人无疑成为了 此次展会的焦点之一。开幕首日，英伟达CEO黄仁勋在主题演讲中宣布："机器人领域已正式迎来属于 自己的'ChatGPT时刻'。" 黄仁勋表示，当前大多数机器人属于专才，精于单一任务却缺乏 ...

2026年伊始，全球人形机器人产业迎来历史性转折点。从2025年技术加速突破到2026年量产商业化落 地，这一产业正式迈入黄金发展期。在AI大模型、精密制造与政策红利的共同驱动下，多家头部科技 企业引领全球人形机器人产业变革，投资主线逐渐清晰。 特斯拉Optimus Gen3机器人展示了高难度动作执行能力和AI情感识别技术，特斯拉CEO埃隆·马斯克在 多个场合重申了2026年启动大规模量产的目标，并指出了Gen3正在攻克的三大难关：达到人类水平的 灵巧手、能理解现实世界的AI"大脑"，以及面向百万台规模的可制造性设计。 同时，中国企业的技术迭代同样迅猛。宇树科技发布的第三款人形机器人"Unitree R1智能伙伴"支持开 发、改制，集成语音和图像多模态大模型。目前，宇树科技已在京东线上商城上架G1、R1人形机器 人，以及Go2机器狗等产品。近日，宇树科技全球首店落地京东MALL北京双井店，此举进一步加速了 宇树人形机器人的商业落地进程，拓宽了其与消费者的接触渠道。 在企业领域，机器人的商业化进程正迈向新高度。智元机器人创始人、董事长兼CEO邓泰华透露，智元 在2024年实现了数千万元级别的销售收入。而到了20 ...

2026年是"十五五"开局之年。 海南自贸港全岛封关运作以来，出境、进境，通关动线图越发清晰。综合运用多种查验方式，让对外口 岸放得开，也能管得住。 1月4日，新年首个工作日，记者深入一线探访，广大干部群众咬定目标、苦干实干，为梦想奋斗、为幸 福打拼，一个个热气腾腾的场景，映照出蒸蒸日上的中国。 产品图里的创新活力 浙江杭州，宇树科技股份有限公司。会议室内，工程师和技术团队研讨着细节；展厅里，人形机器人等 各种产品排开。约11时，市场经理陈嘉欣接待完参观团队，便赶回测试区。只见G1人形机器人从武术 到现代舞，再到穿越障碍，动作行云流水。不过，陈嘉欣的任务正是"挑刺"并反馈给技术团队："后空 翻落地可以再稳一点……" 新年伊始，陈嘉欣的手机已塞满待办事项：筹划的机器人跨界合作陆续推进，最近上线的机器人应用商 店需要收集用户反馈……"紧盯技术迭代、拥抱全球伙伴、提升用户体验——让这帮'铁憨憨'融入大家 的生活，是我最期待的事。"陈嘉欣说。 动线图里的开放引力 鸣笛声悠长，满载集装箱的货轮缓缓驶入海南洋浦港。靠泊前，船只及货物的信息已"先行一步"，提前 完成审核。 上午，海口海关所属洋浦海关监管处处长黎文和同事忙碌 ...

2026年是"十五五"开局之年。 1月4日，新年首个工作日，记者深入一线探访，广大干部群众咬定目标、苦干实干，为梦想奋斗、为幸 福打拼，一个个热气腾腾的场景，映照出蒸蒸日上的中国。 产品图里的创新活力 浙江杭州，宇树科技股份有限公司。会议室内，工程师和技术团队研讨着细节；展厅里，人形机器人等 各种产品排开。约11时，市场经理陈嘉欣接待完参观团队，便赶回测试区。只见G1人形机器人从武术 到现代舞，再到穿越障碍，动作行云流水。不过，陈嘉欣的任务正是"挑刺"并反馈给技术团队："后空 翻落地可以再稳一点……" 新年伊始，陈嘉欣的手机已塞满待办事项：筹划的机器人跨界合作陆续推进，最近上线的机器人应用商 店需要收集用户反馈……"紧盯技术迭代、拥抱全球伙伴、提升用户体验——让这帮'铁憨憨'融入大家 的生活，是我最期待的事。"陈嘉欣说。 动线图里的开放引力 鸣笛声悠长，满载集装箱的货轮缓缓驶入海南洋浦港。靠泊前，船只及货物的信息已"先行一步"，提前 完成审核。 "今年准备投用新面料，升级新技术、新设备，向高端市场'冲锋'。"宋四化说。 导览图里的服务合力 一楼，社区食堂家常菜香气四溢；三楼，"宝宝屋"里，专业保育员领着小朋友 ...

Core Conclusions - The global AI computing competition is intensifying, with xAI planning to enhance its training computing power to 2GW, recommending companies like Dongfang Electric and Sifang Co. for AI data center support [1] - Blue Arrow Aerospace's IPO application has been accepted, indicating a thriving commercial aerospace sector, with recommendations for companies like Goldwind Technology and Maiwei [1] - The opening of JD×Yushu's first national store in Beijing marks a significant step in the commercialization of robotics, with recommended companies including UBTECH and Wuzhou New Spring [1] Group 1: Silver Price and HJT Battery - Silver and polysilicon futures have reached new highs, potentially improving the cost-effectiveness of HJT and BC battery technologies [2] - Recommended stocks in the solar storage sector include Aiko and Foster, with a focus on companies like Dongfang Risen and Dike [2] Group 2: New Energy Installation and Pricing Mechanisms - New energy installations continue to rise, supported by improved electricity pricing mechanisms and transmission channels, with projects like the Shandong Dengzhou Station receiving approval [2] - Recommended companies in the power equipment sector include Pinggao Electric and Shunhua Power, with a focus on TBEA [2] Group 3: Electric Vehicle and Consumer Electronics Demand - The introduction of a new subsidy policy for replacing old vehicles is expected to boost demand for electric vehicles and consumer electronics, with subsidies of up to 15% for certain products [3] - Recommended companies in the electric vehicle sector include CATL and EVE Energy, with a focus on companies benefiting from overseas markets [3] Group 4: Offshore Wind Power Development - Two large offshore wind power projects in China have achieved full capacity grid connection, indicating rapid development in the offshore wind industry [3] - Recommended companies in the wind power sector include Goldwind Technology and Daikin Heavy Industries [3] Group 5: Energy Storage Capacity Compensation Mechanism - Gansu Province has officially released a compensation mechanism for energy storage capacity, set at 330 RMB/kW·year, which is expected to maintain high industry prosperity [4] - Recommended companies in the energy storage sector include Sungrow Power and EVE Energy [4] Group 6: Market Trends and Price Changes - The overall sales of major domestic new energy vehicle companies increased by 15.13% year-on-year in 2025, with a total delivery of 7.42 million vehicles [9] - Prices for lithium salts and nickel have risen, with battery-grade lithium carbonate reaching 118,500 RMB/ton, up 5.90% week-on-week [21][24]

Group 1 - The A-share market in 2025 showed impressive performance, with significant gains in hard technology stocks, including two stocks, Upwind New Materials and Tianpu Co., which saw over 1000% increase [1] - A total of 538 stocks achieved over 100% annual growth, representing 10.05% of the market, indicating a substantial number of doubling stocks [1] - In the last week of 2025, the robotics sector led the market, with over 36% of stocks rising, and Tianming Technology topped the weekly gainers with a 65.78% increase [4] Group 2 - Tianming Technology, part of the automotive parts supply chain and robotics sector, experienced a 152% increase in stock price throughout 2025, with significant gains in the last trading days of December [5] - The company achieved two consecutive 30% daily price increases following a low point, highlighting its strong market performance [5] - External factors influencing the robotics market include potential administrative actions from the U.S. government and increased supplier visits related to Tesla's Optimus project, indicating a growing interest in robotics [6] Group 3 - The worst-performing stock, Guangdao Tui, saw a decline of over 61% and is set to be delisted on January 5, 2026, following a significant drop in its stock price [8] - Guangdao Tui's stock fell to 0.86 CNY, with a market capitalization of 0.6 billion CNY, marking a notable downturn in its trading performance [8] Group 4 - Major foreign investment institutions, including Goldman Sachs and Morgan Stanley, have expressed positive expectations for the Chinese stock market, predicting a 38% increase by the end of 2027 [11] - The focus of foreign investment is on structured opportunities in technology innovation, particularly in artificial intelligence, semiconductors, and high-end manufacturing [11] - There is a notable trend of foreign capital flowing into high-quality Chinese assets, emphasizing value investment strategies [11]