Specialty Chemicals

Fulai New Material

Deep Research

02498

605488

688322

688071

02050

002050

HSAI

02525

603662

600480

BOSCH

300007

688582

TSLA

XPEV

09868

Entering 2025, three years into the OpenAI-led AI cycle, the industry remains in a full-on AI investment phase. Based on our recent work, Dolphin Research sees 2026 hinging on compute cost-down and on AI capex translating into deployments across software and hardware.The rollout of new hardware is the true incremental driver. Meanwhile, mass production of Tesla's Optimus is drawing closer, and humanoid robots could become the primary AI form factor, reshaping human interaction and productivity.On this premise, Dolphin Research is launching coverage on the robotics supply chain. This is Part 1.

ROBOSENSE

Orbbec

Honeywell

W-Ibeda

SANHUA

Sanhua

Hesai

HESAI-W

Keli

Lingyun Ind

Hanwei Electronics

XDLK

Tesla

XPeng

XPENG-W

Humanoid Robots: AI's Best Hope?

Fulai New Material released FY2025 Q3 earnings on October 30 After-Market (BJT), actual revenue CNY 762.33 M, actual EPS CNY 0.0493

Fulai New Material released FY2025 9 Months Earnings on October 30 After-Market (BJT), actual revenue CNY 2.097 B, actual EPS CNY 0.2324

Fulai New Material FY2025 Q3 Earnings Release on October 31, 2025, After-Market (BJT)

Fulai New Material released FY2025 Semi-Annual Earnings on August 22 After-Market BJT, actual revenue CNY 1.334 B, actual EPS CNY 0.18

Fulai New Material released FY2025 Q2 earnings on August 22 After-Market (BJT), actual revenue CNY 731.34 M, actual EPS CNY 0.0544

Fulai New Material to Release FY2025 Semi-Annual Earnings on August 23, 2025 (BJT)

Fulei New Materials Launches Second-Generation Flexible Sensors and Signs Strategic Partnership with Zhaowei Mechatronics

Fulexin Shareholder Plans to Reduce Holdings Up to 3,762,500 Shares

Huaxin Securities Gives Buy Rating to Future Paste

Fulexiniao executives reduce holdings

Huaxin Securities Releases Buy Rating Report on Fortune New Materials

FuLai New Materials Launches Second Generation of Flexible Sensor

Huaxin Securities Gives Foli New Materials a Buy Rating

Fulei New Materials' Flexible Sensor Pilot Line Started Production and Gained Market Recognition

Huaxin Securities Gives Buy Rating to Flare New Materials

Fulexin Materials Announces 2024 Annual Rights Distribution Scheme

FuLai XinMing Executives Reduce Holdings by 754,900 Shares

FuLaiXinCai's Electronic Functional Materials Applied in Consumer Electronics

Fulexin 材 40,000 Restricted Shares Released

Fulexinian Directors Reduce Shares Held

Community Opinion

社区讨论

Entering 2025, three years into the OpenAI-led AI cycle, the industry remains in a full-on AI investment phase. Based on our recent work, Dolphin Research sees 2026 hinging on compute cost-down and on AI capex translating into deployments across software and hardware.The rollout of new hardware is the true incremental driver. Meanwhile, mass production of Tesla's Optimus is drawing closer, and humanoid robots could become the primary AI form factor, reshaping human interaction and productivity.On this premise, Dolphin Research is launching coverage on the robotics supply chain. This is Part 1.