Humanoid robots see another order worth hundreds of millions of yuan.

Another domestic robot manufacturer has secured a large - scale order.

Last night, Ubtech announced that it had obtained a procurement contract worth 250 million yuan for embodied intelligent humanoid robot products and solutions from a well - known domestic enterprise. The contract mainly involves the humanoid robot Walker S2 (equipped with an autonomous hot - swapping power system), and the delivery of this contract will commence within this year.

According to Ubtech's statistics, excluding the Tian Gong Xing Zhe, the company's Walker series of humanoid robots have already secured contracts worth nearly 400 million yuan. The Tian Gong Xing Zhe is a full - sized scientific research and educational humanoid robot jointly launched by Ubtech and the Beijing Humanoid Robot Innovation Center in March this year. As of July this year, Ubtech has had 100 pending orders for the Tian Gong Xing Zhe, and it is expected to deliver over 300 units this year.

At a recent earnings conference call, Ubtech expects to deliver over 500 industrial humanoid robots this year, with an annual production capacity reaching 1000 units.

As humanoid robots enter the era of large - scale commercialization, more and more manufacturers are disclosing their order situations:

On August 20th, Tiantai Robot announced that it had jointly signed the world's first order for 10,000 embodied intelligent humanoid robots with strategic partners such as Shandong Future Robot Technology Co., Ltd., Shandong Future Data Technology, and Gangzai Robot Group.

On August 11th, ZHIYUAN ROBOT stated that it had reached a project cooperation worth tens of millions of yuan with Fuling Precision Industry Co., Ltd., and nearly a hundred Expedition A2 - W robots will be deployed in Fuling Precision's factories. In July this year, it jointly won the bid for the procurement project of humanoid biped robot OEM services from 2025 to 2027 of China Mobile (Hangzhou) Information Technology Co., Ltd. with Unitree Robotics, with the total bid package worth 124 million yuan.

Data shows that as of August 4th, ZHIYUAN ROBOT has won 9 projects, Unitree Robotics has won 68 projects, and Ubtech has won 16 projects this year. The number of winning bids is approaching or exceeding the level of last year. A research report by Kaiyuan Securities in June pointed out that the commercialization era of humanoid robots has officially begun. The wave of orders is forcing the industry to expand production capacity, delivery ability has become the key for enterprises to compete for orders, and the supply chain has become the core bottleneck restricting production capacity.

Hua Tai Securities believes that in the initial stage of the industry, the number of delivered orders is not the key indicator. The core lies in whether a correct model paradigm and data flywheel can be initially formed. The large - scale layout of the humanoid robot track by Chinese manufacturing enterprises is expected to bring a non - linear decline in hardware costs. Hardware bottlenecks may not be the core problem. More importantly, it lies in the innovation of the robot large - scale model empowered by AI, that is, to further open up market demand through intelligent generalization and finally target the ToC market with large implementation space.

Based on this trend, the above - mentioned institutions point out that currently, leading humanoid robot enterprises are starting to implement VLA large - scale models on the one hand, and on the other hand, they are conducting explorations in some industrial manufacturers with relatively high requirements for precision and operation ability to collect real - world data and train models.

Fangzheng Securities stated that the current humanoid robot orders have extended from education and scientific research to industrial manufacturing, commercial operation, and government - enterprise services, indicating that more application scenarios are testing the possibility of robot deployment. From an investment perspective, Guojin Securities suggests paying attention to the iteration of new technologies and the market trends of components. It is expected that the supply chain will restart, and the fixed - point procurement for each link will be gradually finalized in the second half of the year, including tactile sensors, harmonic reducers, cycloidal pin - wheel reducers, high - power - density motors, PEEK, and powder metallurgy processes.

This article is from the WeChat official account "Cailian Press", author: Zhang Zhen. It is published by 36Kr with permission.