Yao Maoqing, partner of Zhiyuan Robotics and president of the physical business department, said that according to rough statistics, by the end of 2025, there were more than 100 domestic manufacturers of complete shaped robots. Counting surrounding parts, data collection and labeling companies, the market competition was extremely intense. We also switched from being relatively calm to a sense of urgency where we didn't dare to slow down half a shot at all. Standing at the end of the year, our judgment is that the humanoid robot industry has reached the tipping point of triple “transformation”. Specifically, it is reflected in: first, the supply chain continues to improve, and mass production capacity levels are increasing day by day; second, shipments continue to expand, and commercial applications are flourishing; third, real-world verification feeds back technology upgrades and iterations.

Yao Maoqing, partner of Zhiyuan Robotics and president of the physical business department, said that according to rough statistics, by the end of 2025, there were more than 100 domestic manufacturers of complete shaped robots. Counting surrounding parts, data collection and labeling companies, the market competition was extremely intense. We also switched from being relatively calm to a sense of urgency where we didn't dare to slow down half a shot at all. Standing at the end of the year, our judgment is that the humanoid robot industry has reached the tipping point of triple “transformation”. Specifically, it is reflected in: first, the supply chain continues to improve, and mass production capacity levels are increasing day by day; second, shipments continue to expand, and commercial applications are flourishing; third, real-world verification feeds back technology upgrades and iterations.