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 ...

12 月 31 日，宇树科技全球首店在京东 MALL 北京双井店开业。 京东智能机器人业务负责人表示，与宇树科技合作打造全球首店，是京东在机器人品类全渠 道布局上的重要一步。 " 京东在超级供应链、用户流量和服务等领域的能力将与宇树科技的 技术和量产优势形成深度互补，共同推动机器人产业规模化落地，让智能科技真正惠及千行 百业、千家万户。 " 【导读】宇树科技全球首店落地京东 MALL ，京东加速机器人全渠道布局 中国基金报记者 忆山 宇树科技产品系列集中亮相 据介绍，该门店位于北京 CBD 核心商圈的京东 MALL 双井店，店内以宇树科技 Go2 系列 四足机器狗和 G1 人形机器人为核心产品，覆盖家庭陪伴、教育互动、商业展示等多重场 景，满足消费者的多样化需求。 当日，在门店特别设置的开放式互动体验区，大批消费者在专业人员指导下， 近距离操作并 感受机器人的实时响应与人机交互能力，亲身体验前沿科技如何无缝融入日常生活。 开业现场，搭载激光雷达与多传感器融合系统的宇树 Go2 系列机器狗，采用先进的动态平衡 控制算法，精准流畅地完成了倒立行走、自适应翻身、越障攀爬等高阶表演动作，响应敏 捷，引起现场阵阵掌声。 ...

在11月完成IPO辅导后，宇树科技12月动作不断。 12月29日，宇树官方微信公众号发布消息称，其全国首店将于12月31日在北京京东MALL开 业。该门店是京东与宇树科技全国首店。 据悉，用户可在店内体验机器人产品后，于门店直接完成购买。门店也支持扫描商品二维 码，跳转官方小程序进行自助下单，并选择门店自提或由京东配送到家。 此前，宇树已在京东线上商城开设官方旗舰店，并上架G1、R1人形机器人，以及Go2机器狗 等产品。 12月13日，宇树科技发布人形机器人"App Store"（应用商店），用户可以将训练好的舞 蹈、武术、干活等模型一键上传分享，也可以下载其他开发者开发的动作部署到机器人。这 意味着人形机器人通过应用商店也能解锁各种技能，便于用户体验。 宇树科技彼时发布的演示资料显示，宇树应用商店在架构上集成了"用户广场""动作库""数据 集"及"开发者中心"四大核心模块。其核心逻辑在于"即下即用"：用户无需具备底层代码编写 能力，仅需通过手机App连接机器人，即可像安装手机软件一样，将云端的复杂运动控制算 法一键部署至机器人终端。 11月15日，中国证监会官网显示，宇树科技IPO上市辅导工作完成。公告显示 ...

《星岛》见习记者 曹安浔 广州报道 12月25日，马斯克点赞宇树科技机器人伴舞等事件发酵，引爆A股机器人板块，机器人概念股掀起涨停潮。 虽然宇树科技尚未正式踏入资本市场的江湖，但江湖早已传遍它的名字。 虽然资本市场没有新的公开动作，但宇树已经勇闯娱乐圈积极造势，带动公众情绪日益高涨。 12月20日，特斯拉CEO埃隆・马斯克转发了宇树机器人为王力宏演唱会伴舞的视频，并评价称"令人印象深刻"，引爆海外公众关注。 截至12月26日上午12时，宇树科技仍未提交招股书，离其今年10月—12月提交招股书的目标只剩五天半，其中还有两天是周末。 当聚光灯再度打向这位"未上市的主角"时，外界也对宇树科技招股书何时递交、IPO计划是否生变等保持了关注。 对此，宇树科技方面向《星岛》表示，暂时没有变动和新回应。 一位常做国内企业IPO的资深会计师表示，目前宇树IPO进度在正常范畴。"进入辅导验收后，每家具体情况不一样，没有统一进度方面的参考标准。如果验 收通过了，12月31日以前是可能的，有一些以6月30日数据申报的都在等验收批文。最后几天都会有申报的企业。" 但翘首以待的投资者愈发躁动，在宇树概念股被盘了又盘后，不少投资者已经提 ...

Core Viewpoint - The 8th China International Import Expo (CIIE) is being held in Shanghai from November 5 to 10, showcasing various innovations in the robotics sector, particularly by Yushu Technology with its new robot models [1] Group 1: Company Highlights - Yushu Technology debuted multiple robotic products, including the newly launched R1 and H2 humanoid robots, as well as the A2 quadruped robot, demonstrating advancements in intelligent robotics technology and application potential [1] - The G1 combat humanoid robots showcased at the expo are equipped with a self-developed high-response dynamic balance algorithm and joint drive technology, allowing them to maintain exceptional stability during high-speed confrontations [3] - The G1 robots performed various professional combat moves and exhibited remarkable self-balance recovery capabilities, impressing the audience with their agility and stability [3] Group 2: Future Directions - Yushu Technology plans to deepen global collaboration and expand the application of robots in diverse scenarios, aiming to leverage technological innovation to better serve human life [5]

Core Insights - The key element for embodied robots currently and in the future is the robot model, which is at a developmental stage similar to the early years before the release of ChatGPT [1] - The growth rate of the intelligent machinery industry in China is estimated to be around 50% to 100% for each company this year, with industrial robot exports increasing by over 51% [1] - The progress of robot models is slower than expected, and the industry has not yet reached a critical point for embodied intelligence [2] Company Developments - Yushu Technology announced the release of the H2 bionic humanoid robot, which stands 180 cm tall and weighs 70 kg, capable of performing dance and martial arts [4] - The company has previously launched three humanoid robots: G1, H1, and R1, with the latest R1 model priced starting at 39,900 yuan, attracting market attention due to its cost-effectiveness [4] - Yushu Technology underwent a name change to Yushu Technology Co., Ltd. on October 23, with Wang Xingxing becoming the chairman [5] Industry Trends - Embodied intelligence has become one of the hottest technology sectors in recent years, with significant advancements expected in the near future [1] - The industry is currently facing challenges with the mainstream models, particularly those based on video generation, which require substantial computational power [3] - The company is focusing on deep reinforcement learning for full-body motion control, laying the groundwork for large-scale data collection [2]

Core Insights - The key element for embodied robots currently and in the future is the robot large model, with the current development stage being similar to the 1-3 years prior to the release of ChatGPT [1][3] - The industry of embodied intelligence has become one of the hottest technology sectors in recent years, with an estimated average growth of 50%-100% for intelligent machine companies in China this year [1][3] - The export growth rate of industrial robots in China has exceeded 51% this year, with expectations for even faster growth in intelligent robots [1] Industry Development - The progress of robot large models is slower than expected, and has not yet reached a critical point [3] - The company is conducting deep reinforcement learning for full-body motion control, with overall technological advancements being faster than expected but still not reaching the critical point [3] - A key capability for humanoid robots in the coming years will be the ability to quickly recover from being knocked down under strong interference [3] Model Preferences - Two mainstream models of embodied intelligence are discussed, with a preference for video-based world models [4] - The VLA+RL model is noted for its clear architecture and ability to train in simulation or real environments, but it faces challenges in generalization [5] - Video-based world models require significant computational power, which poses challenges for small and medium-sized robotics companies [5] Product Announcements - The company announced a new product on October 29, described as a compact robot with performance comparable to 2xGo2, likely a quadruped robot [7] - On October 20, the company officially launched the H2 bionic humanoid robot, which stands 180 cm tall and weighs 70 kg, capable of performing dance and martial arts [8][9] - The company has previously released three humanoid robots, with the latest model R1 launched on July 25, priced starting at 39,900 yuan, attracting market attention due to its cost-effectiveness [10] Company Background - The company recently changed its name to Yushu Technology Co., Ltd., with Wang Xingxing becoming the chairman [11] - Established in August 2016, the company has a registered capital of approximately 364 million yuan, focusing on the research and sales of intelligent robots and industrial robot manufacturing [11]

Core Insights - Yushu Technology announced the release of the H2 humanoid robot, which stands 180 cm tall and weighs 70 kg, showcasing capabilities in dance and martial arts performance [1] - The H2 robot features 31 degrees of freedom, indicating enhanced flexibility and precision in movement [1] - Previous models include G1, H1, and R1, with R1 being the latest model launched at a competitive price of 39,900 yuan, attracting market attention [1] - The H1 robot gained recognition for its performance in the 2025 CCTV Spring Festival Gala and won awards at the 2025 World Humanoid Robot Sports Competition [1][2] Product Performance - The H1 robot has a maximum speed of 5 meters per second, making it the fastest robot globally, with expectations for further speed improvements [2] - G1, set to launch in May 2024, is noted as the best-selling robot globally from last year to this year, with specifications including a height of approximately 132 cm and a weight of 35 kg [2] - G1 features a 9,000 mAh battery with a runtime of about 2 hours, retailing from 99,000 yuan [2]

Core Viewpoint - Yushu Technology has officially launched the H2 bionic humanoid robot, which stands 180 cm tall and weighs 70 kg, showcasing advanced movement capabilities such as dancing and martial arts performances [1]. Group 1: Product Launch and Features - The H2 humanoid robot features a more human-like appearance and can perform various movements, including modeling [1]. - Prior to the H2, Yushu Technology teased a new humanoid robot on August 19, highlighting its agility and elegance with a ballet pose and indicating it would have 31 degrees of freedom for enhanced flexibility and precision [3]. - The company has previously released three humanoid robots: G1, H1, and R1, with R1 being the latest model launched on July 25, priced starting at 39,900 yuan, which has garnered market attention due to its cost-effectiveness [3]. - The H1 robot, which performed at the 2025 CCTV Spring Festival Gala, is noted as the first full-size humanoid robot capable of running, achieving a top speed of 5 meters per second, making it the fastest robot globally [3]. Group 2: Sales and Market Performance - The G1 robot, released on May 13, 2024, is recognized as the best-selling robot globally from last year to this year, standing 132 cm tall and weighing 35 kg, with a retail price starting at 99,000 yuan [4].

Core Insights - Yushu Technology announced the release of the H2 humanoid robot, which stands 180 cm tall and weighs 70 kg, showcasing capabilities in dance and martial arts performances, as well as modeling [1] Product Development - On August 19, Yushu Technology teased the new humanoid robot with a poster featuring ballet poses, highlighting its agility and elegance, and indicating it would have 31 degrees of freedom for enhanced flexibility and precision [3] - The company has previously launched three humanoid robots: G1, H1, and R1. The R1, released on July 25, is priced starting at 39,900 yuan and has garnered market attention despite not yet being mass-produced [3] - The H1 robot performed in the 2025 CCTV Spring Festival Gala and is noted as the first full-size humanoid robot capable of running, having won first and third place in the 1500-meter event at the 2025 World Humanoid Robot Sports Competition [3] - The H1's speed has improved from 3.3 meters per second in 2023 to over 5 meters per second, making it the fastest robot globally, with expectations for further record-breaking performance [3] Sales and Market Position - The G1, released on May 13, 2024, is recognized as the best-selling robot globally from last year to this year, standing 132 cm tall, weighing 35 kg, and retailing from 99,000 yuan with a battery life of approximately 2 hours [4]