Robot Industry Daily Report (05.07): Explosion of the Robot Industry

Company News – Inovance Technology plans to launch an IPO in Hong Kong after its A-share listing, aiming to raise around 13.7 billion yuan. Despite having ample cash flow, the move has sparked market skepticism about its intentions. Inovance stated that the H-share listing aims to enhance its brand value internationally and support overseas expansion and acquisitions. Projections for 2025 indicate that the company will achieve a revenue of 45.105 billion yuan, a 21.77% increase year-over-year, with a net profit of 5.05 billion yuan, up by 17.84%. The company is also actively expanding its footprint in the robotics sector and implementing global strategies, with rapid growth in its overseas business.

Breaking the Fragmentation Barrier! Zhejiang University and Harvard have introduced a new camera-controlled image editing framework called UniGeo. This framework utilizes a continuous perspective prior from video models and unified geometric guidance to achieve stable, high-quality controllable image generation, surpassing existing methodologies. The framework integrates unified geometric guidance across representation, architecture, and loss function layers, effectively overcoming structural degradation issues and significantly enhancing cross-perspective consistency and structural stability. UniGeo has achieved top performance on multiple datasets, providing a solid foundation for fields such as film post-production and embodied intelligent perception.

Wujie Power has successfully completed a new round of financing, raising over $200 million in total during its angel rounds. The company also secured over 500 million yuan in global market orders from Yuanjing Technology, marking the first billion-level overseas order for “embodied operational intelligence”. Wujie Power plans to invest the funds into developing a general-purpose embodied brain and has formed a global strategic partnership with Yuanjing to promote the integration of embodied intelligence and energy systems. Its K15 robot is now operational in Yuanjing’s work scenarios and has established strategic cooperation with leading companies in the global automotive supply chain.

Industry Dynamics – The humanoid robot industry is grappling with a lack of high-quality real machine data. Workers in a small industrial town in southern India are using GoPro cameras to capture towel-folding motions to provide data for an AI annotation company. Wang Song, Technical Director at Leju Robotics, emphasized the need for building “training grounds” for large-scale production data. Leju Robotics has already established several training grounds, producing over 25 million pieces of real machine data annually. The company is also working on an open-source ecosystem, participating in industry standard formulation, and promoting data standardization. Their ecosystem plan includes technology research and development, industrial chain layout, and scenario applications, aimed at empowering developers to overcome barriers to generalized applications.

Top Scholars Gather at the second Intelligent Robotics Key Technology Conference from May 15 to 17 in Hangzhou, which will explore new developments within the industry. The commercialization battle for the embodied intelligence sector officially begins in 2026, marked by the humanoid robot marathon in Beijing’s Yizhuang and Tesla’s Optimus mass production plan. The first industry standards for embodied intelligence from the Ministry of Industry and Information Technology will be implemented in June, promoting standardized development. The conference will focus on technical exchanges, academic publishing, and talent cultivation, gathering top industry talents to discuss technological research and development and industrial chain collaboration for embodied intelligence, large models, and humanoid robots.

Other Updates – The Ministry of Industry and Information Technology is working on formulating new product standards for service robots aimed at special populations, such as pet appliances. The Hong Kong stock market saw a decline in major tech stocks, while Gree Electric has demonstrated capabilities in manufacturing humanoid robots, and Meta acquired a robotics AI company. The Apple iPhone 17 series dominated the global smartphone sales chart for Q1 2026.

New Innovations in Embodied Intelligence – The second Shanghai International Embodied Intelligent Robotics Industry Innovation Summit opened on May 6, focusing on the deployment of advanced technologies, practical applications, and the construction of innovative ecosystems. The summit showcased innovative products such as humanoid robots and bionic dexterous hands, illustrating how embodied intelligent technologies can reshape industries like manufacturing and healthcare. Additionally, Ocean High-Tech has partnered with the Chinese Academy of Sciences Software Research Institute and 12 other alliance companies to establish the “Embodied Intelligence Industry Alliance”, promoting efficient resource circulation among diverse entities.

Competition Intensifies in the physical AI sector as global competition accelerates. Samsung Electronics plans to introduce industrial humanoid robots and dual-arm robots, with plans to extend into the home and logistics sectors. Meta has fully acquired a robotics AI startup as part of its strategic shift. The industry anticipates 2026 to be a significant year for commercialization, with expected global yearly sales of humanoid robots reaching 1 million units by 2030-2035. Labor shortages are a major driving force, and achieving real-world benefits and localization of key components will be critical for capturing market share.

Chongqing’s New Subsidy Policy – Starting May 8, Chongqing will implement a new subsidy policy for smart home products, aimed at promoting the replacement of old consumer goods and boosting consumption potential. From May 8 to December 31, eligible products will receive a subsidy of 15% of the sale price, with a maximum subsidy of 1,500 yuan per item. The subsidy applies to products such as walkers (including electric wheelchairs and exoskeleton robots), hearing aids, home oxygen machines (including respirators), cleaning robots, and smart toilets (including smart toilet seats that meet energy or water efficiency standards). Consumers can participate as long as the products comply with national standards and possess complete certification.

Domestic Robots Become a New Export Brand – According to customs statistics, China’s robot industry has accelerated its overseas market expansion in the first quarter. The total export value of various types of robots reached 11.32 billion yuan, with products shipped to 148 countries and regions worldwide. The cleaning robot sector has shown remarkable performance, with an export value of 7.75 billion yuan in the first quarter, accounting for 68.5% of total robot exports. Industrial robot exports also reached 3.16 billion yuan, reflecting a 42% year-on-year increase.