On October 26, the robot concept stock Shangwei New Materials surged more than 17% in the intraday market. Huafu Securities published a research report and analysis. Shangwei New Materials's robotics business currently has 7 research projects, with an estimated total investment of about 405 million yuan, and the R&D team has expanded to 180 people. In the first quarter of 2026, the company's R&D expenses rate increased dramatically to 22.46%. The robotics business entered the centralized investment stage, and short-term profits were under pressure, but it is expected to lay the foundation for subsequent product iteration and large-scale delivery.

On October 26, the robot concept stock Shangwei New Materials surged more than 17% in the intraday market. Huafu Securities published a research report and analysis. Shangwei New Materials's robotics business currently has 7 research projects, with an estimated total investment of about 405 million yuan, and the R&D team has expanded to 180 people. In the first quarter of 2026, the company's R&D expenses rate increased dramatically to 22.46%. The robotics business entered the centralized investment stage, and short-term profits were under pressure, but it is expected to lay the foundation for subsequent product iteration and large-scale delivery.