In September, OpenAI released the o1 model. The industry believes that it will help break through mathematical abilities through reinforcement learning and chain of thought, laying the foundation for complex multi-step reasoning abilities and improving the decision-making capabilities of robots.
According to the Securities Times APP, China International Capital Corporation released a research report stating that software (including AI large models, operating systems, simulation software, etc.) as an important component of robot underlying technology, is expected to fully benefit from the wave of humanoid robot development. Among them, AI large models are relatively mature in the perception field, which can help robots achieve intelligent 'brains'; operating systems serve as the hub for scheduling robot software and hardware resources; while simulation software is an important tool for accelerating robot development. Huawei's recent layout in the humanoid robot field once again attracted widespread attention to humanoid robots in the market, and companies in the software industry with layouts related to robotics have also attracted wide attention.
China International Capital Corporation's main views are as follows:
AI large models: helping robots achieve an intelligent 'brain.'
The industry believes that AI large models, as the 'brains' of robots, play an important role in robot perception (including object detection, image segmentation, etc.) and decision-making (strategy learning, task planning, etc.). The industry believes that AI large models are relatively mature in the perception field, but there is still room for improvement in the decision-making field. In September, OpenAI released the o1 model, and the industry believes that it will help break through mathematical abilities through reinforcement learning and chain of thought, laying the foundation for complex multi-step reasoning abilities and improving the decision-making capabilities of robots.
Operating system: the hub for scheduling robot software and hardware resources.
An operating system (OS), abbreviated as OS, is the core basic software that manages and controls computer software and hardware resources, playing the function of downward docking hardware resources (computing power, storage) and upward supporting software applications. The industry believes that the operating system that can support humanoid robots needs to have strong real-time, security, and stability. The currently popular operating system is the open-source ROS2. The industry has observed domestic manufacturers also venturing into this field, such as Nancal Technology's Humanoid OS (built on Zhejiang Supcon Technology Co., LTD. Industrial OS accumulation).
Simulation software: an important tool for accelerating robot development.
The design and manufacturing of robots also rely on the participation of simulation software. Siasun Robot&Automation's robot business unit is dedicated to developing professional software and solutions for the robot industry, covering the complete R&D process of parallel robots (including humanoid robots) from functional design, configuration synthesis, performance analysis to structural design optimization. In addition, the company explores the application of generative AI in the field of humanoid robots.
Vertical industry robots: a variety of industrial robots blossoming.
In various vertical industries, the industry has observed numerous software vendors launching industrial robot solutions for specific scenarios, such as Zhejiang Supcon Technology (process industry segment), Shanghai Baosight Software (Bao Luo robots used in steel production, holding Turing robots), North China Intelligence Control (underground inspection robots, auxiliary transportation robots), nancal technology (exploring scenario applications based on Huawei Panggu big model).
Valuation and Recommendations
It is recommended to focus on domestic CAE simulation leader Siasun Robot&Automation (688507.SH), Huawei's ecological partner nancal technology (603859.SH), process automation leader Zhejiang Supcon Technology (688777.SH), steel informationization leader Shanghai Baosight Software (600845.SH), and coal informationization leader North China Intelligence Control (301195.SZ).
Risk warning: humanoid robots land slower than expected; intensified industry competition risk; AI big model progress falls short of expectations.
