霞光社 . 赋能企业全球化 将投中网设为"星标⭐"，第一时间收获最新推送 未来的机器人竞争开始了。 作者丨 唐飞 作者丨 李小天 来源丨 霞光社 以下文章来源于霞光社 ，作者唐飞 2016年8月，刚从大疆离职的王兴兴在杭州一间不起眼的办公室里，注册成立了一家公司——宇树科技。 彼时，他手中最值钱的资产，是他在读研期间设计的一台四足机器人样机——XDog。这款机器人首创性地采用了外转子无刷电机直驱方案，而非传统 的液压系统，这套方案让XDog成为当时主流机器人中的另类。但王兴兴坚信，这是让机器人真正走进大众生活的技术路径。 后来的技术演进路径证明王兴兴的判断是正确的，电机驱动极大地简化了机械结构，成本更低、可靠性更高、更易于商业化，为此后宇树科技与同类公 司竞争奠定了基础。 十年后的今天，这家从杭州走出的科技公司，已经站在了全球高性能通用机器人行业的舞台中央。 2025全年，宇树人形机器人出货量超5500台，位居全球第一（招股书数据）。同年，宇树科技的Unitree R1人形双足机器人入选美国《时代》杂志 2025年度最佳发明榜单。 而更为引人注目的是，境外收入始终占据公司营收的半壁江山——2022年至2024 ...

Core Viewpoint - Yushu Technology is actively preparing for its IPO on the Sci-Tech Innovation Board, with plans to submit application materials between October and December 2025, marking a significant milestone for the company and the broader robotics industry in China [3][4]. Company Overview - Yushu Technology, established in August 2016 and headquartered in Hangzhou, specializes in high-performance quadruped robots, humanoid robots, and dexterous robotic arms, positioning itself as a globally recognized civil robotics enterprise [5]. Product Line - The company offers a range of products including: - Consumer-grade quadruped robots (Go1, Go2, A1) designed for home companionship and education [6]. - Industrial-grade quadruped robots (B1, B2) suitable for inspections and emergency rescue [6]. - General-purpose humanoid robots (H1, G1) aimed at developers for further customization [6]. - Derivative consumer products like the PUMP fitness pump [6]. Supply Chain and Partnerships - Yushu Technology has established deep collaborations with various suppliers, including: - Zhongdali De, a key supplier of precision reducers and motors, holding a 10% stake in Yushu Technology [10]. - Changsheng Bearings, providing self-lubricating bearings for humanoid robots [11][13]. - Best, a supplier of high-precision components for both Yushu Technology and Tesla robots [14][16]. - Other notable suppliers include Jiangsu Leili, providing brushless motors and gearboxes [39], and Jinfa Technology, supplying high-performance materials [29][31]. Market Context - The robotics industry is witnessing significant growth, with 75 listed companies reporting a total revenue of 582.1 billion and a profit of 30.1 billion in the first half of 2025, indicating a competitive landscape between traditional giants and AI newcomers [60].