Investment Rating - The report maintains a "Recommended" investment rating for the humanoid robot industry, indicating that the industry index is expected to outperform the benchmark index by more than 10% [7][29]. Core Insights - The humanoid robot concept index experienced a decline of 0.68% from September 21 to September 26, 2025, underperforming the CSI 300 index by 1.74 percentage points. However, year-to-date, the humanoid robot index has increased by 77.17%, outperforming the CSI 300 index by 58.07 percentage points [2][12]. - The average growth rate of domestic robot-related companies in China reached between 50% and 100% in the first half of the year, highlighting a robust development in the industry [5][24]. Weekly Market Review - From September 21 to September 26, 2025, the humanoid robot concept index decreased by 0.68%, while the year-to-date performance shows a significant increase of 77.17% [12][18]. - Among A-share humanoid robot index stocks, Lixing Co. had the highest weekly gain of 26.96%, while Yunnan Tourism saw the largest decline of 18.37% [18][19]. Weekly Hotspots Review Policy Developments - Shanghai released the ITU standardization outlook for humanoid robots and a dataset standard during the "Pudong X" forum, indicating a push for standardization in the industry [21][22]. - The Ministry of Industry and Information Technology emphasized the development of new tracks such as humanoid robots and brain-computer interfaces during the 14th Five-Year Plan period [21][22]. Product and Technology Iteration - Zhiyuan Robotics received the first CR certification for humanoid robot datasets, marking a significant milestone in industry standards [23]. - Yushun Technology plans to launch a 1.8-meter tall humanoid robot in the second half of the year, showcasing advancements in stability and performance [24]. Investment and Financing - Noyiteng Robotics announced the completion of angel round financing, which will be used for technology development and market expansion [25]. Key Company Announcements - Haoneng Co. is collaborating with multiple companies in the humanoid robot sector and has begun mass production of certain products [26]. - Changying Precision reported supplying over 400 part numbers for humanoid robots, with significant revenue contributions from overseas brands [27]. - New Times has successfully deployed humanoid robots in the Haier Chongqing refrigerator factory, marking a step towards intelligent factory training [28].

Group 1: Forum Overview - The 2025 Summit will focus on "Embodied Intelligent Robots," featuring ten semiconductor companies presenting solutions in areas such as computation, perception, motion control, and communication [1] - Key challenges in the industrialization of embodied intelligent robots include precise motion control and generalized action capabilities [1][6] Group 2: Chip Developments - Chipsea Technology introduced the D9-Max, a high-performance edge AI SoC designed for embodied intelligence applications, emphasizing functional safety and meeting automotive standards [2] - Aixin Yuan Zhi's AX8850 processor integrates an eight-core A55 CPU and a high-performance NPU, supporting mainstream large model structures and real-time spatial interaction [2] - Wan You Jing Li launched the EB100 chip for low-power spatial rendering and display, already adopted by leading clients like Goer and Zhi Yuan Robotics [3] - Shanghai Xianji Semiconductor's HPM6E8Y chip features a RISC-V dual-core architecture for high-precision motion control in robotics [4] - Nasta's G32R501 chip is the world's first high-end real-time control MCU based on a dual-core Arm Cortex-M52 architecture, designed for harsh environments [5] Group 3: Industry Trends and Challenges - The integration of multi-sensor fusion is seen as crucial for enhancing perception and cognition in robots, with expectations that future robots will surpass human capabilities in perception [6] - The transition from copper to optical networks in robot communication is anticipated to address data transmission challenges and improve efficiency [7] - The most promising applications for humanoid robots in the next three years are expected to be in warehousing, logistics, hazardous environments, and security inspections [7]