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#Industry news
Oct 29Thu
  1. OFweek Robotics58

    Unitree Technology Q3 net profit 113 million yuan, down 49.55% quarter-on-quarter

    Unitree Technology's revenue in the third quarter of 2026 was 665 million yuan, up 69.93% year-on-year; net profit attributable to shareholders was 113 million yuan, down 17.37% year-on-year and down 49.55% quarter-on-quarter. The company's R&D investment in the third quarter was 127 million yuan, up 249.58% year-on-year, accounting for 19.10% of revenue. The board secretary's office said the decline in net profit was mainly due to increased R&D investment in computing power and large models, and that the impact is controllable over a longer period.

  2. OFweek Robotics58

    Unitree Technology's Q3 revenue rises but profit falls; JPMorgan still raises target price from 300 yuan to 995 yuan

    Unitree Technology's third-quarter operating revenue was 665 million yuan, up 69.93% year on year, while net profit attributable to shareholders was 113 million yuan, down 17.37% year on year, making its first financial report after listing show higher revenue but lower profit. On October 25, JPMorgan raised its target price for Unitree from 300 yuan to 995 yuan, upgraded the rating directly from underweight to overweight, and raised its humanoid robot sales forecasts for 2027 to 2030. The article also notes that cases such as YunShenChu's STAR Market review and Huandong Robot's termination of listing show that listing reviews for robotics companies are tightening, and several second- and third-tier manufacturers have experienced unpaid wages or bankruptcy.

  3. AgiBot75

    AGIBOT Unveils Worken Metrics Framework, AHA3 Hardware Platform, and G2 Max Industrial Robot at 2026 Innovation Day

    At its 2026 Innovation Day, AGIBOT proposed the Worken (effective intelligent working hours) framework, which measures robots' effective output in real environments using three metrics: number of active robots, autonomous working hours, and output efficiency ratio.

    Why it matters: AGIBOT announced its hardware platform, foundation model, operating system, and mass-production model all at once, giving readers a basis to judge its shift from manufacturing scale to measurable output.

  4. 钛媒体62

    Unitree Technology 2026 Q3 Report: Revenue 1.817 Billion Yuan, Up 55.71%; Non-Recurring Net Profit Down 18.78%

    Unitree Technology's 2026 Q3 report shows revenue of 1.817 billion yuan for the first three quarters, up 55.71% year on year, and non-recurring net profit attributable to shareholders of 349 million yuan, down 18.78% year on year; net profit attributable to shareholders and non-recurring profit both declined in the third quarter.

  5. OFweek Robotics72

    Tesla starts Optimus mass production in Fremont, California, as Q3 profit falls 43% year over year

    On October 21, Tesla announced the start of mass production of its Optimus humanoid robot at its former electric vehicle plant in Fremont, California, calling these its first mass-production-quality robots; Musk said the target is 20,000 units per week by the end of 2027. Tesla's Q3 revenue was $28.04 billion, roughly flat, while net profit was $787 million, down 43% year over year; the company said profits were mainly consumed by AI projects and Optimus investment. Musk acknowledged that the ramp-up will be slow and bumpy, and that the robot's safety, reliability, and battery life still need work, with a great deal of work remaining on AI capabilities in open scenarios.

  6. OFweek Robotics42

    Humanoid robots are about to deliver big results: Tesla's Optimus production line begins operation, Chinese manufacturers account for 97% of global shipments

    On October 21, Tesla announced that Optimus has begun production at a mass-production line at its Fremont, California factory. The line was converted from the old Model S and Model X lines in 46 days and is designed for an annual capacity of 1 million units. In the first half of this year, global humanoid robot shipments totaled about 19,100 units, with Chinese manufacturers taking more than 97%, including about 8,400 units from AgiBot and about 5,900 from Unitree. Wang Xingxing moved his forecast for embodied intelligence's "ChatGPT moment" up from two to three years to as soon as one to two years.

  7. OFweek Robotics58

    Stardust Intelligence AOS Robot Hackathon Concludes: 47 Teams Generate Robot Apps from a Single Sentence

    The Stardust OS (AOS) robot hackathon finals, hosted by Stardust Intelligence, concluded in Shenzhen on October 25. A total of 47 teams took part across three stops; in the finals, 17 teams developed 16 apps over 36 hours, with a 94% rate of running on real robots. AOS packages perception, mobility, manipulation, and interaction into callable Meta packages and Skills, and creators combine large models such as GPT and DeepSeek to complete development, simulation testing, and real-robot validation starting from a one-sentence requirement. The champion team, "Remote Avatar," achieved two-way real-time control between a phone and the T1 and completed tasks including scooping cat litter, watering plants, and picking up packages.

  8. OFweek Robotics67

    AgiBot reports nearly 2 billion yuan in revenue for the first half of 2026, with cumulative humanoid robot output exceeding 20,000 units

    At its Innovation Day, AgiBot disclosed that its revenue for the first half of 2026 was close to 2 billion yuan, a scale exceeding that of Unitree Robotics and UBTech for the same period; its 2025 revenue had already surpassed 1.05 billion yuan. Counterpoint statistics show that AgiBot shipped 9,700 units in the first half of this year, accounting for a 43.1% market share, and that cumulative humanoid robot output exceeded 20,000 units as of September. The company has not yet disclosed profit data; research institutions and data collection projects account for a relatively high share of its orders, while orders for regular deployment on industrial production lines remain limited.

  9. 36Kr Embodied Intelligence30

    Beijing Pony.ai Huixing Technology raises capital to $220 million

    The registered capital of Beijing Pony.ai Huixing Technology Co., Ltd. increased from $170 million to $220 million, a rise of about 29%. The company was founded in April 2017, its legal representative is He Xing, and it is wholly owned by Hong Kong Pony.ai Co., Ltd. Its business scope includes foundational AI software development, AI application software development, and network and information security software development.

  11. 钛媒体62

    Humanoid Robots Poised for a Major Breakthrough: Tesla Optimus Begins Mass Production, Chinese Manufacturers Capture 90% of Global Shipments

    In its Q3 2026 earnings report, Tesla announced that Optimus has started production on a mass-production line at its Fremont, California factory. The line was converted from the former Model S and Model X lines in 46 days and is designed for an annual capacity of 1 million units.

  12. 锐曼REEMAN42

    How REEMAN Rhino autonomous stacker forklifts automate pallet transport at a Shanxi packaging plant

    REEMAN Rhino autonomous stacker forklifts are deployed at a food-service packaging plant in Shanxi, automatically completing pallet transport from the pickup area to the warehouse over a one-way distance of about 280 meters and a round trip of 560 meters, with a payload of about 800 kilograms per trip and roughly 64 tons of cargo moved per day based on an estimated 80 trips per day. The vehicle has a rated load of 1.5 tons and a lift height of 2.5 meters, uses laser SLAM navigation, is priced at about 11,000 USD for reference, supports automatic docking and charging at low battery, and its charging station can be relocated. On-site deployment took about 1 day, and the LiDAR mounting position was raised by 1 meter for future rack-storage planning.

  13. 36Kr Embodied Intelligence28

    Alibaba and Others Invest in Xianyin Future

    Anhui Xianyin Future Technology Co., Ltd. has undergone a business registration change, adding Hangzhou Haoyue Enterprise Management Co., Ltd., under Alibaba, and Anhui Yuansheng Jiahao Equity Investment Partnership (Limited Partnership), among others, as shareholders. Its registered capital increased from approximately 7.057 million RMB to approximately 7.833 million RMB. The company was founded in September 2025, and its business scope includes intelligent robot R&D, artificial intelligence foundation software development, and application software development. Its legal representative changed from Tian Yingmei to Tao Yanbo.

  14. 量子位58

    Xiaoyu Zhizao and National Steel Structure Quality Inspection Center jointly establish industrial embodied intelligence welding and inspection laboratory

    On October 27, 2026, the "Industrial Embodied Intelligence Welding and Inspection Technology Joint Laboratory" jointly established by Xiaoyu Zhizao and the National Steel Structure Quality Inspection and Testing Center of MCC Building Research Institute was officially unveiled. The two parties will carry out welding process development, specimen testing, and performance verification in accordance with national-level steel structure inspection standards.

  15. 量子位58

    WeRide subsidiary JingShuo Technology completes tens of millions of US dollars pre-A funding round

    JingShuo Technology, a subsidiary of WeRide, has completed a pre-A funding round of tens of millions of US dollars. Investors include Joy Capital, HKSTP (Hong Kong Science and Technology Parks), and Sirius Capital. JingShuo Technology's core offerings are its data-model integrated platform WorldEngine and its self-developed world model GENESIS-Robotics, and it provides EGOK data collection devices, large-scale data collection, and high-quality dataset services. It currently has more than 100 customers and ecosystem partners, and its order backlog amounts to several billion yuan.

  17. New Strategy Robotics38

    Pangqi's RaaS model brings embodied AI robots into factories: zero equipment investment, 300% improvement in per-square-meter efficiency

    Pangqi Technology is using a RaaS (Robotics as a Service) leasing and operating model to bring embodied AI robots into factories. Customers pay based on actual work volume and avoid large one-time investments; projects already in operation can achieve a 30%–300% improvement in per-square-meter efficiency and rapid deployment in 1–3 months.

  18. New Strategy Robotics12

    Zhuoyi to showcase narrow-aisle series including stand-on under-rider three-way AGV forklift at CeMAT ASIA 2026

    Zhuoyi will exhibit at CeMAT ASIA 2026, held November 3–6 at the Shanghai New International Expo Centre, showing its stand-on under-rider three-way AGV forklift, over-rider three-way forklift, omni-directional forklift, multi-directional forklift, double-deep scissor forklift, and articulated forklift at Booth B2-1 in Hall W5. Visitors can watch unmanned forklifts perform under simulated working conditions and try manually driving a forklift themselves. During the exhibition, Zhuoyi's official livestream will run daily from 15:30 to 16:30.

  19. New Strategy Robotics22

    UAE Ministry of Investment Talent Delegation Visits Lanxin Robot to Explore New Opportunities for International Cooperation in Intelligent Robotics

    A leadership talent delegation led by the UAE Ministry of Investment recently visited Lanxin Robot, where they observed on-site demonstrations of 3D vision sensors, 3DGS technology, and the humanoid robot VB 2 performing supermarket picking tasks. VB 2 demonstrated exploration integrating spatial perception and manipulation, relying on 360° environmental perception and omnidirectional mobility capabilities. The M4-G 3D camera, designed specifically for close-range perception in embodied humanoid robots, has already been deployed at scale in scenarios at leading industrial humanoid robot companies. The visit provided a platform for exchange and created opportunities for Lanxin Robot to expand cooperation in the Middle East market.

  20. New Strategy Robotics12

    Youibot and South China University of Technology establish employment education award and teaching fund, jointly build student employment and entrepreneurship practice base

    Youibot signed an employment education award and teaching fund donation agreement with South China University of Technology. The university awarded it a "Student Employment and Entrepreneurship Practice Base" plaque, and the two parties will cooperate in student internships and practice, career experience, and employment guidance. A campus recruitment information session for the Class of 2027 was held at the same time. With mobile manipulator robots at its core, Youibot has built a "one brain, multiple forms" architecture and has completed more than 800 real industrial scenario projects in industries including semiconductors, energy and chemicals, and lithium batteries, serving more than 400 customers worldwide.

  21. OFweek Robotics58

    Senyue Chengxing Completes Ten-Million Pre-A Round Led by Yunqi Partners

    Senyue Chengxing, founded by Liu Derui, an alumnus of Tsinghua University's Institute for Interdisciplinary Information Sciences, completed a ten-million-yuan Pre-A funding round on October 27, 2026, with Yunqi Partners as sole investor. Its angel round was previously funded by Vertex Ventures and K2VC. The company's first product, the Synrise S5 bionic intelligent hydraulic knee joint, is already in mass production and has completed validation in Europe, with orders exceeding ten million yuan in China and abroad and more than 40 million steps of gait data returned cumulatively. The knee joint is designed for a service life of at least five years and is priced under 100,000 yuan. The company plans to move over the next three to five years from prosthetics to active assistance, exoskeletons, and consumer-grade sports enhancement devices.

  22. OFweek Robotics48

    Unitree's stock price returns to 700 yuan: Is the embodied intelligence industry improving?

    On October 28, Unitree rose more than 10% during intraday trading, with its stock price returning to 700 yuan. Its 2026 third-quarter report shows revenue of 1.817 billion yuan for the first three quarters, up 55.71% year on year, and net profit attributable to shareholders of 387 million yuan, up 270.54% year on year, but net profit after deducting non-recurring gains and losses was 349 million yuan, down 18.78% year on year.

  23. OFweek Robotics60

    Unitree Robotics releases first post-IPO Q3 report: revenue up 69.93% year on year, R&D spending up 249.58%

    Unitree Robotics released its first post-IPO quarterly report on October 28. Q3 single-quarter revenue was 665 million yuan, up 69.93% year on year, and net profit attributable to shareholders was 113 million yuan, down 17.37% year on year. The profit decline was mainly due to increased R&D spending: Q3 R&D investment was 127 million yuan, up 249.58% year on year, accounting for 19.10% of revenue. Cumulative revenue for the first three quarters was 1.817 billion yuan, up 55.71% year on year, and R&D investment was 263 million yuan, up 191.48% year on year; after IPO proceeds were received, monetary cash reached 7.354 billion yuan.

  24. 钛媒体27

    Apple supply chain firms in the AI era: Luxshare, Foxconn Industrial Internet, Goertek and Lens Technology's compute hardware and robotics bets

    Lens Technology plans to acquire a 59.78% stake in PMG for USD 25 million, indirectly gaining control of Yuanshi Technology and expanding into server racks and liquid cooling; Luxshare Precision, Goertek and Foxconn Industrial Internet are also expanding AI-related businesses. In 2025, Foxconn Industrial Internet's cloud computing segment revenue reached RMB 602.679 billion, up 88.70% year on year, with AI server revenue from cloud service providers growing more than 3x year on year; Lens Technology delivered more than 3,000 humanoid robots and over 10,000 quadruped robots in 2025, and in 2026 entered volume ramp-up with leading customers.

  26. 36Kr Embodied Intelligence56

    Unitree Technology responds to Q3 net profit decline: increased R&D investment in computing power and large models

    Unitree Technology reported Q3 2026 revenue of 665 million yuan, up 69.93% year-on-year, and net profit attributable to shareholders of 113 million yuan, down 17.37% year-on-year and nearly 50% quarter-on-quarter. A company board secretary's office representative said the profit decline was mainly due to increased R&D investment in computing power and large models, adding that the impact is controllable over a longer period and that current investment follows the planned use of raised funds and will not be increased blindly.

  27. 钛媒体42

    Unitree's stock price returns to 700 yuan: Is the embodied intelligence industry improving?

    On October 28, Unitree rose more than 10% during intraday trading, with its stock price returning to 700 yuan. Its third-quarter report shows that revenue for the first three quarters was 1.817 billion yuan, up 55.71% year on year, and net profit attributable to shareholders was 387 million yuan, up 270.54% year on year; however, net profit after deducting non-recurring gains and losses was 349 million yuan, down 18.78% year on year.

  28. OFweek Robotics62

    Unitree Technology Q3 2026 revenue 665 million yuan, up 69.93% year-on-year

    Unitree Technology released its first quarterly report since going public. Q3 2026 revenue was 665 million yuan, up 69.93% year-on-year, while net profit attributable to shareholders was 113 million yuan, down 17.37% year-on-year. R&D investment this quarter was 127 million yuan, up 249.58% year-on-year, accounting for 19.1% of revenue, mainly for embodied intelligence large models, computing power procurement, and development of new humanoid robot products. Total revenue for the first three quarters was 1.817 billion yuan, up 55.71% year-on-year, and net profit attributable to shareholders was 387 million yuan, up 270.54% year-on-year.

  29. OFweek Robotics62

    Schaeffler's humanoid robot orders reach €400 million, with the mass-production inflection point lying in component customers' structure

    Schaeffler disclosed in Q3 that its humanoid robot backlog has grown to about €400 million, with 5 customers already in mass-production cooperation and sample orders reaching 83. The author therefore judges that the mass-production inflection point lies not in complete-machine shipments but in component suppliers' customer structure and expansion of procurement categories. The article also mentions that joint modules at Schaeffler's Taicang embodied-intelligence factory have entered the mass-production validation stage, and suggests watching the delivery timeline and revenue recognition schedule to be disclosed on November 3.

  30. OFweek Robotics58

    Unitree's first Q3 report: net profit up 270% year on year, but why did Q3 alone fall 17%?

    Unitree's 2026 Q3 report shows net profit attributable to shareholders of 387 million yuan for the first three quarters, up 270.54% year on year, while Q3 alone was 113 million yuan, down 17.37% year on year. The author notes that the 270% growth mainly stems from a low base caused by about 349 million yuan in pre-IPO share-based payment expenses in the same period of 2025, and that non-GAAP net profit falling 18.78% year on year over the first three quarters is closer to the actual operating picture.

  31. 36Kr Embodied Intelligence71

    Multiple Institutions Tighten Embodied AI Investment as September Funding Falls 40% Month-on-Month

    Several leading institutions have tightened their investment in embodied AI, with one FA saying it no longer takes on embodied projects and that the number of embodied projects it receives has roughly halved. According to NE Times statistics, funding in the embodied AI sector fell 40% in September compared with August, and multiple industry figures say the turning point came in September this year. The article also mentions that Unitree's market value fell by half at one point after its listing, and that rumors of some embodied companies pausing IPOs are circulating privately.

  32. OFweek Robotics42

    Refusing to Be a 'Little Inovance,' Leadshine Sets Its Sights on Tesla's Path

    Leadshine reported revenue of 1.909 billion yuan and net profit attributable to shareholders of 299 million yuan for the first three quarters of 2026, up 46.77% and 86.8% year on year, marking its seventh consecutive quarter of positive growth. It avoids Inovance's main PLC battleground and focuses on frameless torque motors, joint modules, and dexterous hands for humanoid robots. In 2025, it delivered more than 120,000 frameless torque motors, and by the end of the first half of 2026, its order backlog exceeded 1 million units. Its core robot components have entered the supply chains of 80% of mainstream domestic humanoid robot makers, but cooperation with Tesla and Huawei remains at the preliminary communication and prototype testing stage.

  33. 36Kr Embodied Intelligence58

    Neolix, White Rhino and others secure successive funding as unmanned delivery business model shifts to capacity services

    In October this year, Neolix and White Rhino secured large funding rounds in quick succession, and together with earlier funding for Jiushi Intelligent, capital interest in the unmanned delivery sector continues to rise. Multiple regions in China have opened road testing permissions and launched unmanned delivery pilots, and industry insiders say the sector's focus has shifted from selling hardware vehicles to operating capacity services, with commercialization validation, deep scenario development, and compliant deployment becoming the core criteria by which capital judges projects.

  34. 极客公园33

    Unitree's First Earnings Report After IPO: Net Profit of 387 Million Yuan in First Three Quarters, Up 270% Year-on-Year

    Unitree released its Q3 2026 report, its first earnings report since going public. Cumulative revenue for the first three quarters was 1.817 billion yuan, with net profit attributable to shareholders of 387 million yuan, up 270.54% year-on-year. Single-quarter revenue was 665 million yuan, up 69.93% year-on-year, but net profit attributable to shareholders was 113 million yuan, down 17.37% year-on-year. R&D investment in the first three quarters was 263 million yuan, up 191.48% year-on-year; the company said this was mainly due to increased R&D and computing power investment in embodied intelligence and embodied large models.

  35. 36Kr Embodied Intelligence40

    Unitree Technology's net profit for the first three quarters was 387 million yuan, up 270.54% year on year

    Unitree Technology's first earnings report since going public shows that in the first three quarters of 2026, operating revenue was 1.817 billion yuan, up 55.71% year on year, and net profit attributable to shareholders was 387 million yuan, up 270.54% year on year. Third-quarter operating revenue was 665 million yuan, up 69.93% year on year, but net profit attributable to shareholders was 113 million yuan, down 17.37% year on year. R&D expenses rose 191.48% year on year, mainly due to a sharp increase in model R&D and computing power investment.

  36. 钛媒体20

    Beijing's 15th Five-Year Plan for New Energy System Issued: Building a "1+3+6" System, External Power Receiving Capacity to Rise to 44 Million Kilowatts

    Beijing issued the "Beijing 15th Five-Year Plan Period New Energy System Plan" on October 28, establishing a "1+3+6" target and task system and specifying that external power receiving capacity will rise to 44 million kilowatts, power supply reliability will rise to 99.998%, and the share of non-fossil energy consumption will rise to 27.6%. The plan proposes adding 2 million kilowatts of photovoltaic and wind power installed capacity, reaching 2.4 million new energy vehicles and 650,000 charging piles built cumulatively, and advancing integrated application of "AI + energy."

  37. Khosla Ventures · X58

    Foundry Robotics completes $100 million Series A funding, new factory has delivered to customers

    Foundry Robotics announced the completion of a $100 million Series A funding round, led by MarlinspikeVC, with continued participation from Khosla Ventures. The company has built a 130,000-square-foot factory in Emeryville, California, and has already delivered products to paying customers in the energy, telecommunications, autonomous driving, and defense sectors.

  39. The Humanoid Hub27

    Tesla Cancels Thanksgiving Investor Tour; Optimus Data Collection and 'Academy' Plan Draw Attention

    Tesla did not invite major investors to tour the Fremont factory this Thanksgiving as it has in past years, a move interpreted as extending the confidentiality period for the Optimus facility. Sources cited by Scobleizer say human data collection is 'massive in scale,' covering both home and factory scenarios; data collection operator positions appeared at Tesla about three years ago, requiring workers to wear 30-pound equipment.