Humanoid robots welcome their first "National Standard"; multiple concept stocks saw increased funding last week (list)

Human-shaped robots and embodied intelligence standardization annual conference held in Beijing on February 28, during which the “Human-shaped Robots and Embodied Intelligence Standard System (2026 Edition)” was released.

First “National Standard” Published

Industry Continues to Accelerate

This standard system was organized by the Ministry of Industry and Information Technology’s Standardization Technical Committee for Human-shaped Robots and Embodied Intelligence, involving over 120 research institutes, enterprises, and industry users in the field. It covers six parts: basic commonality, brain-like and intelligent computing, limbs and components, complete machines and systems, applications, safety, and ethics.

It is reported to be China’s first top-level standard design covering the entire industry chain and lifecycle of human-shaped robots and embodied intelligence, marking a new phase of standardized development in the related industry.

Notably, last week also saw many new developments in the human-shaped robot industry.

On February 25, Xpeng Motors announced at the Guangzhou High-Quality Development Conference that it will build a full-chain mass production base for human-shaped robots in Tianhe District. The company also aims to become the world’s first enterprise to mass produce high-end human-shaped robots by the end of 2026.

On February 26, German Chancellor Merkel led a delegation to visit Yushutec in Hangzhou and praised Chinese human-shaped robots.

On February 27, BMW Group announced the first introduction of physical AI into Europe and launched a pilot project for human-shaped robots at its Leipzig factory. The project aims to integrate robot technology into existing automotive mass production lines and explore more applications in battery and component manufacturing.

On March 1, at the 2026 Mobile World Congress (MWC), Honor’s first human-shaped robot, Robot, made its official debut, marking Honor’s entry into the field of human-shaped robots. From the on-site demonstration, Robot can respond to voice commands with simple actions such as congratulating, shaking hands, dancing, and even doing somersaults.

Institutions: Industry Chain Will Face Critical Investment Opportunities from 0 to 1

According to GGII forecasts, China’s human-shaped robot market size will reach nearly 38 billion yuan by 2030, with a compound annual growth rate of over 61% from 2024 to 2030. The sales volume of human-shaped robots in China is expected to grow from about 4,000 units to 271,200 units.

A research report from Guojin Securities pointed out that 2026 is a key milestone for the realization of 0-1 in human-shaped robots. Tesla is accelerating mass production, and leading domestic companies are expected to see their shipment volumes jump from thousands to tens of thousands of units, mainly in secondary development, guiding, and inspection scenarios. At this stage, supply chains and technologies of leading companies will converge. The global robot industry will enter a “arms race.”

Guohai Securities also believes that under the wave of electrification and intelligence, domestic and international human-shaped robot products are emerging and iterating continuously, potentially opening a broader market than automobiles. The industry chain will face important investment opportunities from 0 to 1.

“Robots are moving from performance and scientific research into mass production and practical scenarios, with commercialization accelerating,” said Huajin Securities. Since many components of human-shaped robots originate from automotive technologies, it is recommended to focus on main manufacturers with both brain and hardware iteration capabilities, companies capable of industrializing robot parts, and component suppliers for power and energy parts.

Multiple Concept Stocks Attract Leverage Funds

According to Eastmoney’s concept sector data, currently, 234 stocks are involved in the human-shaped robot concept, with a total market value of about 5.9 trillion yuan. Midea Group, Shenghong Technology, and AVIC Chengfei are the top three in size.

Since 2026, nearly 60% of these concept stocks have seen their stock prices rise. Besides the new stock DianKe Lantian, Kailong Gaoke’s stock price surged 1.1 times, Far East Shares and Wald increased by 86.83% and 76.84%, respectively. Dongyangguang, Zhongkong Technology, and Gaoce Shares all saw gains over 50% in the period.

In terms of performance, 118 human-shaped robot concept stocks have disclosed 2025 earnings forecasts. Among them, 63 companies are expected to have positive earnings (pre-increase or turnaround), accounting for over half. Based on the upper limit of net profit forecasts, companies like Huichuan Technology, Shenghong Technology, and AVIC Chengfei are expected to have net profits over 3 billion yuan. Companies such as Huisheng Electronics, Taotao Vehicle, Changying Precision, Ningbo Huaxiang, and Zhongkong Technology are projected to have net profits exceeding 500 million yuan in 2025.

Regarding funds, last week, 116 human-shaped robot concept stocks received net financing inflows, with 15 stocks receiving over 100 million yuan. Shenghong Technology attracted 951 million yuan in financing, while DianKe Lantian and iFlytek saw leverage fund increases of 430 million and 362 million yuan, respectively. Shiyun Circuit, Huichuan Technology, Lens Technology, Liyad, and Crystal Optoelectronics each had net financing exceeding 200 million yuan.

Eastmoney Illustration · Key Insights

(Source: Eastmoney Research Center)