Yushu Technology's robot dog explodes the market!

　　On December 23, Yushu Technology showed an upgraded version of B2-W on an industrial-grade quadruped robot (robot dog), demonstrating climbing, wading, crossing obstacles, overcoming rough terrain, and walking smoothly on bumpy roads. It caused a sensation at home and abroad, and Musk also retweeted and commented on X (Twitter).

　　Yushu Technology's robot dog explodes the market!

　　Image source: Pexels

Robot dog development

　　Yushu attaches great importance to independent research and development and technological innovation. Since its establishment, it has successively launched a series of quadruped robot products such as XDog, Laikago, AlienGo, A1, Go1, B1, Go2, and B2.

　　Yushu develops its motors, reducers, controllers, lidars, and other key robot components and high-performance perception and motion control algorithms, integrating the entire robot industry chain and taking the lead in the field of legged robots.

　　Yushu Technology has completed two rounds of financing this year. Lei Jun's Shunwei Capital also participated in the A and B+ financing rounds for the humanoid robot company Yushu Technology.

　　According to the “2024 China Quadruped Robot Industry Development Report” of Gaogong Robot Industry Research Institute (GGII), the global quadruped robot market sales in 2023 will be about 34,000 units, a year-on-year increase of 76.86%.

　　In 2023, the global quadruped robot market size will be 1.074 billion yuan, a year-on-year increase of 42.95%. Yushu Technology accounts for 69.75% of the global quadruped robot sales in 2023.

　　Wang Xingxing, founder and CEO of Yushu Technology, said in a recent interview, “If the interim goals can be achieved before the end of next year, at least I think there will be no problem with global attention and enthusiasm for this industry and the market size to increase tenfold.”

　　Robot dogs are also being tried in agriculture, industry, specific security inspections, surveying and exploration, public rescue, medical and epidemic prevention care, etc. Guotai Junan said that the underlying principles are similar, and the technological progress of robot dogs has accelerated the industrialization of humanoid robots.

Robot dogs affect the stock market

　　Domestic-related concept stocks also “danced at the news”. Jingxing Paper (002067) and Jihua Group (603980) rose for three consecutive days, and Changsheng Bearing (300718) continued to rise by more than 15% after two consecutive days, and its intraday stock price hit a historical high.

　　On December 26, from the perspective of the market, technology stocks rebounded across the board, with CPO, high-speed copper connections, computing hardware, data centers, WeChat stores, humanoid robots, semiconductors, and consumer electronics themes active; infrastructure, power, and coal sectors pulled back.

　　At the close, the Shanghai Composite Index rose 0.14% to 3398.08 points; the Science and Technology Innovation 50 Index rose 0.95% to 1027.02 points; the Shenzhen Component Index rose 0.67% to 10673.97 points; and the ChiNext Index rose 0.39% to 2209.85 points.

　　Related concept stocks: UBTECH Robotics (09880) focuses on key manufacturing sectors such as automobiles and 3C; Xiaomi Group-W (01810) focuses on developing large-model robot technology suitable for the industrial field; Lenovo Holdings (03396) values investment in the field of humanoid robots.