中国人形机器人 - AI 机器人与电力实地调研要点：2026-2027 年通过务实垂直整合推动出货量数倍增长-China Humanoid Robot_ AI Robotics & Power Field Trip takeaways_ Driving multi-fold shipment growth through pragmatic verticalization into 2026-2027E

22 January 2026 | 8:51AM HKT Equity Research CHINA HUMANOID ROBOT AI Robotics & Power Field Trip takeaways: Driving multi-fold shipment growth through pragmatic verticalization into 2026-2027E As part of our GS China AI Robotics & Power Trip, we visited 8 private/non-covered AI Robotics related companies and met 6 C-level management in Hangzhou/Shanghai/Shenzhen during Jan 15-20 from Unitree, Mechmind, Fourier, LimX Dynamics, UBTech, EngineAI, Paxini and Orbbec. Goldman Sachs China Humanoid Robot Encouragin ...