First-half financing up 5-fold to RMB 93.5B, 20+ companies queue for listings: Embodied intelligence shifts from "cost-no-object" to "counting ROI"

In 2026, the embodied intelligence industry has crossed the industrialization watershed, moving from demo to real orders and POC deployment. Industry consensus has shifted from "R&D mode" to "deployment mode," with robots beginning to truly replace humans in the workplace. The market expects shipments to reach 70,000 units this year, with logistics, retail, and industrial scenarios accelerating replication. Model and data capabilities have improved significantly, and deployment cycles have shortened considerably. The core agenda has shifted to winning orders and calculating ROI, as the industry faces the ultimate test of "whether it can work, whether it can deliver, and whether it can close deals."