Humanoid Robot Concept Stocks Watch | EXCELLAND ROBOT (03231.HK) down 0.34%, humanoid robots included in "AI+" application scenarios

NewTimeSpace News, on 12 October 2026, humanoid robot shares traded with a correction while EXCELLAND ROBOT (03231.HK) weakened. As of 13:20, the company quoted HKD 34.960, down 0.34%.

On the news front, on 9 October 2026, the relevant national authorities issued the "Opinions on Developing New Quality Productive Forces". The document sets out 19 key measures across five areas — scientific and technological innovation, industrial innovation, development model innovation, institutional and mechanism innovation, and talent work mechanism innovation — and calls for fully implementing the "AI+" initiative, accelerating the application of new-generation smart terminal scenarios such as intelligent connected new energy vehicles, AI phones and computers and humanoid robots, and lists embodied intelligence among the future industries to be laid out in advance.

In addition, on 12 October 2026, the "Shanghai Action for Accelerating the Development of New-Generation Smart Manufacturing" was officially launched at the opening ceremony of the 26th China International Industry Fair. Shanghai will implement four major projects and 19 key tasks, targeting 500 advanced-level smart factories and more than 2,000 AI application scenarios in manufacturing by 2028, and will lift industrial robot density to 600 units per 10,000 workers and put 8,000 humanoid robots to work in factories.

SINOLINK SECURITIES believes that, with embodied intelligence written into the top-level document on new quality productive forces, policy support at the national level is expected to be further strengthened, and that, as overseas giants accelerate their entry, industry iteration remains in an accelerating phase and sentiment in the robot sector is picking up.

ZHESHANG SECURITIES believes that commercialisation is accelerating and that humanoid robots have entered a phase of mass-production validation; on the overseas side, Tesla has released signals of orders and capacity expansion, making the fourth quarter a key validation period for the capacity ramp-up of its humanoid robots, while domestically the consumer-grade robots PrimeBot Q1 and PrimeBot T1 have officially started sales, with the Chinese robot supply chain expected to resonate with overseas supply chains.

EXCELLAND ROBOT (03231.HK) focuses on the development, manufacturing and commercial deployment of commercial service robots, with products covering indoor delivery, high-capacity indoor transfer, delivery within enclosed parks, indoor and outdoor cleaning and unattended retail. The company also provides industry-applied AI vision model solutions and serves customers including hotels, office buildings, shopping malls, hospitals and industrial parks under Robot-as-a-Service (RaaS) and leasing arrangements. Based on 2025 revenue, the company is China's third largest supplier of commercial service robot products with a market share of 8.9%, and had cumulatively delivered more than 114,600 robots to over 5,100 customers worldwide as of 31 March 2026.