On September 2, the Shanghai and Shenzhen stock markets saw a total of 1,063 stocks rise and 3,983 stocks fall, with an average market capitalization of stocks hitting the upper limit at 11.971 billion yuan. The market was characterized by a chaotic mix of hot sectors, with more stocks declining than rising, and over 4,000 stocks falling across the board.
However, in the afternoon, the robotics sector staged a significant comeback, with Zhejiang Rongtai hitting the upper limit and its stock price reaching a new historical high. Companies like Top Group, Wuzhou Xinchun, and Huachen Equipment also saw rapid gains, and the robotics ETF also surged in the afternoon, turning significantly positive.
What exactly happened?
Some analysts believe this is related to a rumor.
According to information circulated by some institutions, a leading robotics company held a meeting with Tesla, which provided very optimistic expectations for next year’s robot production capacity. However, this rumor has not been confirmed by the relevant parties.
The rumor suggests that Tesla has asked the company to prepare for a ramp-up in production capacity in the first quarter of next year, with the potential for weekly production to reach 10,000 units by the third quarter. Some institutions have indicated that this guidance is quite “terrifying.”
On September 2, it was reported that Tesla released the fourth version of its “Master Plan” during the Labor Day holiday in the United States, emphasizing the potential of its Optimus humanoid robot and showcasing the Cyber SUV model for the first time in a promotional video.
According to Tesla’s plan, the robot is expected to be commercialized by early 2026. However, market sentiment is divided: based on data from the prediction trading platform Kalshi, users believe that the probability of Tesla’s Optimus being launched before 2027 is only 40%.
Meanwhile, Tesla has abandoned further development of its Dojo supercomputer and is now relying on NVIDIA chips to train its FSD intelligent driving assistance system. It is expected that the Optimus robot will use the upcoming AI5 chip.
This year, Musk has repeatedly articulated his vision for the large-scale deployment of the Optimus robot. On March 21, he stated that Tesla aims to produce 5,000 units of Optimus by 2025, and to increase production to ten times this year’s output by 2026, reaching 50,000 units. On April 23, Musk reiterated that by 2029, the annual production of the Optimus robot is expected to reach 1 million units.
Notably, recently, Hangzhou Yushu Technology Co., Ltd. announced a patent for “an immersive robotic remote operation method and system.”
The patent summary from Qichacha indicates that this invention belongs to the field of robotic remote operation technology. Existing remote operation solutions lack effective and timely feedback mechanisms, have poor operational intuitiveness, and low control precision, making them inadequate for complex and delicate operational tasks.
According to reports from Red Star Capital Bureau, Yushu Technology stated on social media that it expects to submit listing application documents to the stock exchange between October and December 2025, at which point the company’s relevant operational data will be officially disclosed.
In July of this year, the China Securities Regulatory Commission’s official website showed that Yushu Technology has begun listing guidance, with CITIC Securities serving as the guiding institution. In June of this year, at the Summer Davos Forum, Wang Xingxing mentioned that Yushu Technology’s annual revenue has exceeded 1 billion yuan.
Yushu Technology stated that in 2024, sales of quadruped robots, humanoid robots, and component products will account for approximately 65%, 30%, and 5%, respectively. Among them, about 80% of quadruped robots are used in research, education, and consumer fields, while the remaining 20% are used in industrial fields such as inspection and firefighting. Humanoid robots are entirely used in research, education, and consumer fields.
“Since its establishment, Yushu Technology has been committed to applying high-performance general-purpose robots in various civil sectors and has clarified relevant statements and limitations in its official website, product manuals, partner agreements, and other documents,” Yushu emphasized in its statement.
Orient Securities stated that after the humanoid robot is finalized, the industry will enter a period of rising sales. To better open up the market, it is expected that the price of humanoid robots will gradually decrease, leading to a concentration of the supply chain within the industry and enhancing the certainty of the sector’s structure.
CITIC Construction Investment also mentioned in a recent research report that to achieve logistics sorting operations, general humanoid robots (not fully humanoid) need to possess multimodal perception and end-to-end large model capabilities. Currently, the hardware side of general humanoid robots has reached the threshold for commercialization in logistics scenarios, but domestic embodied model capabilities still have room for improvement before true implementation.
From an economic perspective, under the assumption of recovering costs in two years, the input-output ratio of general humanoid robots has already matched that of sorting workers. In the second half of this year, general humanoid robots will gradually transition from demo scenarios to customer trial deliveries, and after customer validation, a surge in growth is expected next year. Meanwhile, due to higher labor costs overseas, they will be the first choice for implementation in logistics scenarios.
Comprehensive reports from Dongfang Caifu, Securities Times, Sina Finance, and Red Star Capital Bureau
