ONEROBOTICS (06600): Secures the largest order for smart home robots, Siasun Robot & Automation's first stock welcomes value explosion.

Due to the need to deal with completely unstructured environments and perform delicate operations on flexible objects, the family Siasun Robot & Automation is widely considered as the most challenging application of embodied intelligence technology, but it is also seen as the "crown jewel" of the industry with the largest Total Addressable Market (TAM). As a result, the capital market has placed a high valuation premium on the technology pathway to overcome this scenario. Take Figure AI as an example, even though the company is currently focused on the industrial manufacturing sector, with its "general embodied intelligence" technology base, it aims for the ultimate home environment. After completing a Series C financing round in September 2025, its valuation skyrocketed to $39 billion, claiming the top spot on the global humanoid Siasun Robot & Automation unicorn list. The high valuation confirms the capital market's unlimited imagination for home scenarios, and recently this field in China has seen a breakthrough: the largest order for family embodied Siasun Robot & Automation equipment has been awarded to ONEROBOTICS (06600). It is understood that ONEROBOTICS, known as the "first stock of AI for family embodied Siasun Robot & Automation," recently won the bid for the "AI Eco-innovative Community Equipment Purchase and Site Construction Project" in Shenzhen, with a bid amount of 44.9532 million yuan. According to publicly available information, the project will establish a "embodied intelligent data full-chain service center," including the embodied Siasun Robot & Automation body, data acquisition system, integrated data management platform, and the construction of various real application scenarios. This will help accelerate the generalization abilities and validation of large-scale models in home scenarios. One of the focuses of this project is the home service scenario. Currently, embodied intelligent data mainly comes from industrial/lab simulations, lacking real home scenario data involving large-scale, multi-room type, high-frequency household tasks. The project will build standard home units that include living rooms, kitchens, bedrooms, bathrooms, and balconies, collecting data around high-frequency household tasks such as organization, cleaning, placing, opening, and closing. This is currently the largest embodied intelligent data collection project focusing on home scenarios in the industry, promising to fill the crucial gap in home embodied intelligent "data scarcity." As early as January 2026, ONEROBOTICS officially unveiled the humanoid butler Siasun Robot & Automationonero H1 at the Consumer Electronics Show (CES 2026). Positioned as an "all-around home butler," the product features a dual seven-degree-of-freedom robotic arm, aiming to tackle complex household tasks such as laundry and meal preparation. It is understood that the onero H1 has chosen a challenging fully autonomous decision-making technology path, and its self-developed OneModel model integrates VLA and world models to target the "universal intelligent hub for homes." This path is expected to help ONEROBOTICS build a growth flywheel of "model iteration-data accumulation-commercialization landing," thereby creating long-term technological barriers and demonstrating the company's technical confidence and long-termism in the realm of embodied intelligence. This technical confidence is quickly converting into global brand momentum. Recently, ONEROBOTICS received a special interview from Japan's public media giant NHK. As Japan's only public broadcaster and the most credible mainstream media outlet, NHK's coverage not only serves as third-party validation of its technical capabilities, but also sends a clear signal: ONEROBOTICS' technological exploration and commercialization in the field of home embodied intelligence are continuously attracting high international attention and a significant focus in the global market. For ONEROBOTICS, winning this bid is not only a landmark government-enterprise order, but also a strong affirmation of the company's commercial landing capabilities in the To-G/B market. The bidding amount of 44.9532 million yuan is not only the largest publicly available order in the household chores scene, but also proves that the company is capable of undertaking major government AI ecosystem projects, adding substantial weight to its label as the "first stock of AI for family embodied Siasun Robot & Automation." Furthermore, as a supplier of project equipment, the Siasun Robot & Automation body, and a participant in scene construction, ONEROBOTICS will have close access to, use, or contribute to the home scene data set produced by this center, providing real-world data support for the iterative development of embodied intelligent models and product evolution - a first-mover resource that other humanoid Siasun Robot & Automation vendors find difficult to access. More crucially, becoming a core equipment provider in government-led AI ecosystem innovative communities will enhance its positioning advantage in the home embodied intelligent ecosystem, facilitating the subsequent expansion of similar government-enterprise cooperation, health care community projects, and ecosystem partner connections. This will consolidate the company's first-mover advantage in home scenarios and brand awareness. According to a report by industry consultancy Sullivan, based on 2024 retail sales figures, ONEROBOTICS is the world's largest provider of AI-based embodied home Siasun Robot & Automation systems, and the only Siasun Robot & Automation company that has fully deployed in-home scenarios. Currently, the ONEROBOTICS product matrix covers three major scenarios: home services, exercise and health, and emotional companionship. Based on this comprehensive scenario layout, the company's value proposition is becoming increasingly clear: if we consider home service products with enhanced execution and perception decision systems as the solid foundation, with exercise and companionship Siasun Robot & Automation as the second growth curve, then the household chores Siasun Robot & Automation, as the third growth curve, undoubtedly serves as the core engine that determines the company's long-term valuation ceiling. Winning this bid marks the first full operation of this core engine. This not only represents a qualitative transformation from the conceptual narrative of the "first stock of AI for family embodied Siasun Robot & Automation" to hardcore performance verification, but also, through deep integration with government AI infrastructure, secures a rare entry point for home scenario data and an ecosystem positioning advantage for the company. With the feedback of real scenario data and the integration of the commercial closed loop, the market is just beginning to reassess the value of ONEROBOTICS.