宇树机器人产业链大涨点评：宇树科技机器人商业化加速，持续关注人形机器人产业链

Investment Rating - The industry investment rating is "Overweight (Maintain)" [1] Core Viewpoints - The mechanical equipment industry is experiencing a positive trend, with significant developments in humanoid robotics and engineering machinery, indicating a favorable investment environment [4][10] - The report highlights the strong market position of Yushutech in the quadruped robot segment, holding a 69.75% global market share, which is expected to translate into similar advantages in humanoid robotics [10] Summary by Relevant Sections Industry Overview - The report focuses on the mechanical equipment industry, particularly the advancements in humanoid robotics and the recovery of domestic demand in engineering machinery [1][4] Recent Developments - Yushutech's humanoid robots, Unitree H1 and G1, were launched on JD.com, with prices set at 650,000 yuan and 99,000 yuan respectively, indicating strong market interest [5] - The company has upgraded its robot algorithms, enhancing performance capabilities, which is expected to attract consumer interest [5] - Yushutech is in discussions with Meta for potential collaboration on household robots, indicating strategic partnerships that could enhance product offerings [5] Market Position - Yushutech has a leading position in the quadruped robot market, which is expected to support its entry into the humanoid robot market, leveraging existing technological advantages [10] - The company has filed over 180 patents, with 150 granted, showcasing its commitment to innovation and technology leadership in the robotics sector [10]