On September 2nd, robotics sectors in both Hong Kong and A-share markets staged a strong comeback, with speculation heating up once again. Among Hong Kong listings, MicroPort Robotics-B (HK2252) surged 12.01%, Johnson Electric Holdings (HK0179) gained 8.75%, LK Technology Holdings (HK0558) jumped 10.7%, SHOUCHENG (00697.HK) rose 8.5%, UBTECH ROBOTICS (09880.HK) climbed 5.18%, MIDEA GROUP (00300.HK) advanced 3.46%, and DOBOT (02432.HK) increased 2.9%.

On the A-share front, related concept stocks also delivered impressive performances. Hengong Precision Equipment Co.,Ltd. (301261.SZ), Fujian Longxi Bearing(Group)Co.,Ltd. (600592.SH), Qinchuan Machine Tool&Tool Group Share Co.,Ltd. (000837.SZ), Zhejiang Rongtai Electric Material Co.,Ltd. (603119.SH), and Jiangsu Rongtai Industry Co.,Ltd. (605133.SH) all hit their daily trading limits. Ningbo Zhenyu Technology Co.,Ltd. (300953.SZ) surged 14.53%, while Shenzhen Ampron Technology Co.,Ltd. (301413.SZ) and Hanwei Electronics Group Corporation (300007.SZ) also rallied strongly, gaining 13.42% and 11.5% respectively.

Since the beginning of 2025, humanoid robot concepts have emerged as one of the most dazzling star sectors. As of now, the Hong Kong robotics concept index has accumulated gains exceeding 76.5% year-to-date, while the A-share humanoid robot concept index has also climbed nearly 50% over the same period.

From a news perspective, today's surge in robot concept stocks appears to be linked to a series of intensive industry catalysts recently. Internationally, on September 1st, Tesla released its fourth "Master Plan," emphasizing the potential of its Optimus humanoid robot and showcasing the Cyber SUV model for the first time in a promotional video. Elon Musk stated that approximately 80% of Tesla's enterprise value will depend on the development of this robot project in the future. According to Tesla's roadmap, the robot is expected to enter commercial application in early 2026.

Domestically, on September 2nd, Unitree Robotics posted on social media that it expects to submit listing application documents to securities exchanges between October and December 2025, at which time the company's relevant operational data will be officially disclosed. Unitree Robotics indicated that, using 2024 as an example, quadruped robots, humanoid robots, and component products accounted for approximately 65%, 30%, and 5% of sales respectively. Among these, about 80% of quadruped robots were applied in research, education, and consumer fields, while the remaining 20% were used in industrial sectors such as inspection and firefighting. Humanoid robots were entirely used in research, education, and consumer fields.

On August 31st, UBTECH ROBOTICS announced the formal signing of a $1 billion strategic partnership agreement with internationally renowned investment institution Infini Capital, simultaneously promoting deep collaboration in Middle East factory construction and industrial chain investments.

Furthermore, on the operational front, as interim report disclosures have progressed recently, positive signals of industry improvement continue to emerge. Financial reports show that multiple listed companies in the humanoid robot industrial chain have achieved rapid business growth through technological advantages and order fulfillment.

According to iFinD data, there are 309 humanoid robot concept stocks on A-shares, with 202 companies achieving year-over-year growth in net profit attributable to shareholders in the first half of this year, representing over 65% of the total. Among these, 38 companies recorded net profit growth exceeding 100%, accounting for approximately 12%, while 69 companies achieved growth rates above 50%, representing about 22%.

In the Hong Kong market, five robotics manufacturers - Horizon Robotics, UBTECH ROBOTICS, DOBOT, Geek+, and MicroPort Robotics - all achieved double-digit revenue growth in the first half of this year, with losses generally narrowing. Taking UBTECH ROBOTICS as an example, in the first half of 2025, the company achieved revenue of 621 million yuan, a year-over-year increase of 27.5%, with losses of 440 million yuan during the period, narrowing by 18.5% year-over-year. According to disclosures, the company expects to deliver over 500 industrial humanoid robots in 2025, with annual production capacity exceeding 1,000 humanoid robots.

2025 has been dubbed the "mass production first year" for humanoid robots. A research report from Daiwa states that this year's humanoid robot delivery volume in China will be stronger than previous expectations. The firm forecasts that by the end of this year, delivery volume will approach 7,000 units, mainly dominated by Unitree, Agibot, X-Humanoid, and UB Tech. The firm added that positive surprises mainly stem from potential applications of humanoid robots in artificial intelligence training as well as medical, accommodation, and food service industries.

Daiwa expects China to become the primary market for humanoid robots over the next five years, with projected deliveries of approximately 400,000 units by 2030, with China accounting for about 70%.

Additionally, as humanoid robots accelerate mass production, demand across their industrial chain segments is rapidly expanding, worthy of attention. GF Securities notes that in the first half of the year, robot commercialization progress accelerated with significant expansion in order scale; the robotics sector's main business performance improved, with nearly 90% of companies achieving profitability; as robot technology iteration speeds up, components such as motors and reducers are experiencing significant marginal changes.