The robotics sector has continued to gain momentum since the start of the Year of the Horse, with robots featured in the Spring Festival Gala pushing industry attention to new heights. Recently, renowned private equity investor Ge Weidong has been active, entering the embodied intelligence company Qianxun Intelligent through his firm Chaos Investment, officially signaling a strategic bet on the robotics theme.
Mass production feasibility and earnings certainty are becoming key factors determining whether stock prices will continue their upward trajectory. During the 2026 Spring Festival Gala, robots once again stole the spotlight. Yushu Technology's robots performed drunken boxing and backflips in "Wu BOT" with cluster synchronization errors under 0.01 seconds, while Songyan Power's robots appeared in the sketch "Grandma's Favorite" alongside Cai Ming, displaying micro-expressions sophisticated enough to seem genuine. This technology showcase quickly ignited market interest—within two hours of the gala broadcast, search volumes for robots on e-commerce platforms surged 300%. Even the high-end industrial robot GALBOT G1, priced at nearly 630,000 yuan, sold out within minutes after being listed on JD.com to corporate clients.
Despite the gala's excitement, the A-share robotics sector experienced a high-open, low-close pattern on the first trading day of the Year of the Horse. Core component manufacturers like Wuzhou Xinchun, LHI Group, and Wanxiang Qianchao saw their stock prices adjust. However, on February 25, riding a broader market rally, robotics concept stocks performed strongly. Lingwei Technology hit the 20% daily limit-up, while Zhongjie Resources and Jiangte Motor achieved 10% limit-ups. Companies such as OKE and Gaoce Technology also rose over 10%.
Peng Zu, host of "The Era of Trends," suggests that the sector's initial dip reflects rational capital allocation. On one hand, the gala served as an emotional catalyst but cannot immediately alter corporate fundamentals; previous gains had already priced in some expectations, making profit-taking inevitable. On the other hand, while 2026 is considered the first year of mass production for robots and an industry inflection point is emerging, many firms have yet to achieve profitability. Capital is shifting from pure concept speculation to earnings validation, favoring upstream core component suppliers, while purely thematic stocks face valuation corrections.
Since 2025, the humanoid robot segment has undergone multiple rounds of valuation hype driven by technological breakthroughs and anticipation of potential orders from Tesla Motors. Most core concept stocks have reached historically high price levels. As the 2025 earnings season approaches, market scrutiny of actual profitability is intensifying.
In short, while the Spring Festival Gala can bring robots into the mainstream spotlight, the market ultimately focuses on mass production progress and earnings certainty.
Currently, 19 robotics concept stocks are projected to achieve doubled profit growth in 2025. Among over 100 A-share robotics companies, none have released official 2025 annual reports, and only Dahua Technology, Supcon Technology, and Yalian Intelligent have issued preliminary earnings reports. Among these, only Dahua Technology reported growth in both operating revenue and net profit.
Dahua Technology had experienced declines in both revenue and net profit in 2024. The company attributed its 2025 turnaround to ongoing business structure optimization, enhanced cost control, and implementation of high-value projects, leading to improved gross margins and profitability.
Based on annual earnings forecasts, 72 robotics concept stocks have issued 2025 performance guidance, with 32 expecting annual profit growth, including pre-increase, slight increase, or turnaround scenarios.
In terms of profitability, Inovance Technology currently leads, with projected annual net profit of 4.97–5.4 billion yuan, representing a 16%–26% year-on-year increase. The company cited strong revenue growth driven by increased customer orders in the new energy vehicle sector, structural growth in downstream industries, and steady progress in multi-product solutions and top-tier client strategies.
Additionally, Great Star, Ecovacs, and four other companies are expected to report profits exceeding 1 billion yuan while achieving net profit growth compared to 2024.
From a growth perspective, 19 robotics concept stocks are forecasted to double their profits in 2025. For example, Yongchuan Intelligent anticipates annual net profit of 128–155 million yuan, a surge of 721.57%–894.86% year-on-year. The company attributed this growth to improved product production and delivery management, accelerated delivery of smart production lines, and changes in product mix leading to higher gross margins.
Ge Weidong is actively positioning in the robotics industry. Since the beginning of the year, robotics ETFs managed by易方达,南方, and嘉实 have seen continuous net capital inflows. Simultaneously, sector financing remains vigorous. After previously investing heavily in GPU and AI industries, well-known private equity investor Ge Weidong has begun betting on robotics.
On February 24, Qianxun Intelligent disclosed it had completed two funding rounds totaling nearly 2 billion yuan, with participation from Chaos Investment, Yunfeng Capital, Sequoia China, and other prominent institutions. Post-financing, Qianxun Intelligent's valuation exceeded 10 billion yuan, entering the "billion-yuan club" in embodied intelligence. Chaos Investment's involvement represents a key strategic move by Ge Weidong in the robotics space.
As a renowned investor spanning futures and equity markets, Ge Weidong's investments consistently target high-growth, large-addressable-market sectors. His bet on robotics is no accident. Chaos Investment has long focused on technology areas like semiconductors and advanced manufacturing, prioritizing early- and growth-stage companies. Qianxun Intelligent's core strengths align with this strategy—the company specializes in developing a "universal brain" for robots, adopting a hardware-software co-design approach. Its humanoid robot "Xiao Mo" has been deployed at宁德时代's Zhongzhou base, achieving zero-defect mass production on new energy battery pack production lines, validating its technical capabilities.
Industry analysts note that Ge Weidong's significant investment not only provides capital but also signals professional investors' long-term confidence in robotics. With Tesla Motors set to launch its third-generation Optimus robot and domestic companies scaling up ten-thousand-unit production capacity, the industry has reached an inflection point. Ge Weidong's early positioning may capture超额收益 during the sector's expansion phase. His "contrarian investing, long-term holding" approach could also attract more patient capital, steering the industry from speculation toward industrial implementation.
If earnings certainty represents the market's short-term concern for the humanoid robotics supply chain, then anticipation around Tesla Motors' third-generation Optimus release serves as the strongest catalyst for medium- to long-term trends. A recent Morgan Stanley report indicates that Tesla Motors has signaled plans to launch the third-generation Optimus in Q1 2026, with key upgrades focusing on hand dexterity and body structure.
Under its base scenario (70% probability), Morgan Stanley predicts that if the third-generation Optimus demonstrates upgrades in critical components like dexterous hands and reaffirms production timelines and targets, the Chinese humanoid robotics supply chain could see 5%–10% gains, with stocks involving new dexterous hand technology performing particularly well. Conversely, if the third-generation shows no significant progress compared to the second generation, or if production schedules are delayed or targets reduced, the supply chain could face 10%–20% downward pressure.
(Mentioned stocks are for illustrative purposes only and not investment recommendations.)