中泰证券:宇树科技有望引领全球AGI产业发展

格隆汇
21 Feb
中泰证券研报称,作为具身智能引领者,宇数科技有望引领全球AGI(通用人工智能)产业的发展。2016年至今,宇树科技产品战略经历了从小狗到大狗,从四足到双足,从“大”人到“小”人,产品应用场景已涵盖消费级/工业级等各垂类领域。宇树科技产品运控性能卓越,快速迭代引领潮流。继宇树发布“小”人形后,头部主机厂纷纷跟进。基于“具身智能是通往AGI的核心路径”这一AI观,宇树科技凭借在机器狗上积累的硬件先发优势,并复用其底层技术(电机、减速器、深度学习算法等)至人形机器人,有望使其占据全球AGI行业制高点。宇树科技率先进入人形机器人的量产阶段,对于降本增效的极致追求将带来供应链的持续创新,建议关注:1)关节轴承以滑替滚;2)谐波减速器球墨铸铁化;3)固态电池为机器人量身定制降本增效;。

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