宇树科技在声明中同时呼吁，由于当前机器人形态多样，应用场景各异，建议业界与公众避免将不同类型（如人形与四足）机器人的销售数量简单合并对 比，应区分品类进行评估。 根据公开信息，宇树科技的产品矩阵涵盖四足机器人和人形机器人等多品类。尽管近年来其人形机器人因前沿技术备受瞩目，但四足机器人业务仍是公司 稳健发展的"基本盘"。 去年9月披露的信息显示，宇树科技2024年的收入结构中，四足机器人、人形机器人及相关零部件产品的销售额占比分别为65%、30%和5%。其中，约 80%的四足机器人应用于科研、教育和消费领域，其余20%用于巡检、消防等工业场景；而人形机器人则全部聚焦于科研、教育和消费领域。 在这份备受关注的声明中，宇树科技首次明确了其核心产品之一——纯人形机器人——在2025年的关键经营数据：实际出货量超过5500台（指已实际出售 并发货给终端客户的数量），同时，本体量产下线数量超过6500台。公司特别说明，上述数据均为纯人形机器人业务板块的统计，不包含其双臂轮式机器 人等其他产品线的销量。 此次公布的实际出货数据，显著高于市场研究机构Omdia此前的预测。Omdia在近期发布的《通用具身机器人市场雷达》报告中 ...

智通财经APP获悉，1月22日晚，宇树科技官方微信公众号发布了一份关于2025年销量数据的澄清。宇 树表示，过去一个月，网上流传着很多关于宇树2025年出货数量的不实信息，宇树此前从未对外告知过 2025年的销售数据。声明明确，公司2025年人形机器人实际出货量超5500台(指实际出售发货给终端客 户的数量，并非订单数量，订单数量更高)，2025年本体量产下线超6500台。上述均为宇树纯人形机器 人的数量，不含双臂轮式等其他机器人产品。 2025年9月，宇树科技曾披露，宇树科技2024年收入结构四足机器人、人形机器人及相关零部件产品的 销售额分别占65%、30%和5%。其中，约有80%的四足机器人被用于科研、教育和消费领域，其余20% 则应用于巡检、消防等工业领域。人形机器人则全部应用于科研、教育和消费领域。 2025年5月，宇树科技创始人王兴兴也曾在公开论坛透露，公司2025年工业机器人订单量同比激增 220%，合同金额突破12亿元，其中明星产品G1四足机器人贡献了60%营收。 王兴兴此前还透露，公司2024年度营收已突破10亿元人民币，或是机器人行业少数实现连续盈利的企 业。 中国证监会官网信息显示，宇树 ...

Group 1: Company Developments - Yushu Technology plans to submit its IPO application between October and December, with operational data to be disclosed at that time [1] - The company projects that in 2024, sales from quadruped robots, humanoid robots, and component products will account for approximately 65%, 30%, and 5% of total sales, respectively [1] - Yushu Technology's CEO stated that the order volume for industrial robots is expected to grow by 220% year-on-year by 2025, with contract amounts exceeding 1.2 billion yuan [1] Group 2: Market Trends - A surge in IPO applications from various robotics companies is anticipated in 2025, with several emerging firms and established A-share companies pursuing dual listings [2] - The robotics sector is experiencing a "crowded" IPO wave, indicating strong investor interest and potential growth in the industry [2] Group 3: Key Events and Catalysts - Tesla is expected to have multiple catalysts in Q4, including the Q3 earnings call and the launch of the Optimus V3 robot [3] - The upcoming release of the Optimus V3 is seen as a significant advancement in Tesla's humanoid robot development [3] Group 4: Historical Performance - The announcement of Tesla's AI Day in 2022 led to a significant increase in stock prices for leading companies in the humanoid robot sector, with some stocks rising over 235% in 33 trading days [4] Group 5: Related Stocks - A list of concept stocks related to the robotics industry has been compiled, highlighting various companies and their projected earnings and valuations [6]

Group 1 - Company plans to submit an IPO application to the stock exchange between October and December 2025, with operational data to be disclosed at that time [1] - In 2024, the sales revenue distribution for the company's products is approximately 65% for quadruped robots, 30% for humanoid robots, and 5% for components [1] - About 80% of quadruped robots are used in research, education, and consumer sectors, while the remaining 20% are utilized in industrial applications such as inspection and firefighting [1] Group 2 - The company has initiated its IPO process with the China Securities Regulatory Commission, with CITIC Securities as the advisory institution [1] - The annual revenue of the company has surpassed 1 billion RMB, and it has achieved profitability for five consecutive years since 2020, standing out in the robotics industry [1] - The founder and CEO, Wang Xingxing, holds a total of 34.763% of the company's shares, making him the controlling shareholder [1] Group 3 - The company has accelerated its new product launches and commercialization efforts in 2023, including the introduction of a humanoid robot with 31 joints, enhancing its motion control capabilities [2] - The third humanoid robot, "Unitree R1 Smart Partner," was launched with a starting price of 39,900 RMB, featuring 26 joints and multi-modal capabilities [2] - The company reported a 220% year-on-year increase in industrial robot orders for 2025, with contract amounts exceeding 1.2 billion RMB, primarily driven by the G1 quadruped robot [2]

Core Viewpoint - The article highlights the rapid development and commercialization of humanoid robots by Yushu Technology, particularly focusing on the launch of their new model, Unitree R1, and the company's plans for an IPO. Group 1: Product Launch - Yushu Technology launched its third humanoid robot, Unitree R1, priced starting at 39,900 yuan, featuring a lightweight design of approximately 25 kg and integrated multimodal voice and image models [2][3]. - The Unitree R1 boasts 26 joints and is designed for various movements, including kicking, punching, and running downhill, emphasizing its athletic capabilities [3]. Group 2: Market Impact - The introduction of Unitree R1 at a starting price of 39,900 yuan is expected to disrupt the humanoid robot market, where competitors typically price their products between 150,000 to 1 million yuan [3]. - Yushu's previous models, H1 and G1, were priced at 650,000 yuan and 99,000 yuan respectively, indicating a significant price reduction with the R1 model [3]. Group 3: Commercialization Progress - Yushu Technology is accelerating its commercialization efforts, having recently won a contract worth 124 million yuan for humanoid robot services from China Mobile [4]. - The company has also secured contracts for educational and scientific projects, including a 8.26 million yuan project with Tongji University and a 6.27 million yuan project with the China Science and Technology Museum [5]. Group 4: Future Projections - Yushu Technology's founder projected a 220% year-on-year increase in industrial robot orders by 2025, with a contract value exceeding 1.2 billion yuan, primarily driven by the G1 quadruped robot [5]. - The company anticipates selling 23,700 units of its robotic dog in 2024, capturing a 69.75% share of the global market, along with delivering 1,500 humanoid robots, setting a new global record [5]. Group 5: IPO Plans - Yushu Technology has initiated the IPO process, with CITIC Securities as the advisory firm, aiming to submit its IPO application by October 2025 [6]. - The company is classified under the manufacturing sectors of computers, communications, and other electronic devices, as well as general equipment manufacturing [6].

Core Viewpoint - The article emphasizes the potential investment opportunity in Yushu Technology's upcoming IPO, highlighting its low stock price and significant backing from major investors, suggesting a possible market valuation increase. Group 1: Company Overview - Yushu Technology has recently completed a C-round financing led by major investors including China Mobile's fund, Tencent, Alibaba, and others, with a valuation of 12 billion yuan [3]. - The company is actively pursuing an IPO, primarily aiming for the A-share market, with expectations that its market valuation could exceed 100 billion yuan, indicating a potential tenfold increase in value [4]. Group 2: Investment Insights - The largest A-share shareholder of Yushu Technology holds an 18.29% stake, with the stock priced around 3 yuan, suggesting significant growth potential as market interest increases [5]. - Central Huijin has heavily invested in Yushu Technology, acquiring 38.41 million shares, indicating strong institutional confidence in the company's future [5]. Group 3: Related Companies - Jinfa Technology holds a 4.62% stake in Yushu Technology through the Jinshi Growth Fund and has developed lightweight carbon fiber composite materials for the company, reducing costs by 40% [4]. - Zhongke Chuangda holds a 6.7797% stake in a fund that owns 1.8611% of Yushu Technology, providing edge computing modules for real-time environmental sensing and motion control [4].