Guotai Junan: The GO-1 large model will accelerate the popularization of embodied intelligence and focus on opportunities in the intelligent industry chain.

Guotai Junan released a research report stating that Zhiyuan has launched the first universal body-based model, Zhiyuan Qiyuan Big Model, GO-1 Big Model can be applied to various environments and objects, quickly adapt to new tasks, and learn new skills. At the same time, it also supports deployment to different Siasun Robot & Automation bodies, efficiently completes implementation, and continuously evolves rapidly in actual use, including: 1) from single task to multiple tasks; 2) from closed environment to open world; 3) from preset program to generalized instruction. The GO-1 Big Model will accelerate the popularization of physical intelligence, play a greater role in various fields such as commerce, industry, and home, and lead to a more universal and versatile intelligent future. focus on related opportunities in the Zhiyuan industry chain. Guotai Junan's main points are as follows: Zhiyuan has launched the first universal body-based model, Genie Operator-1 On March 10th, Zhiyuan launched the first universal body-based model GO-1, pioneering the Vision-Language-Latent-Action (ViLLA) architecture, which consists of VLM (multi-modal large-scale model) + MoE (mixture of experts). Among them, VLM leverages massive internet image-text data to obtain general scene perception and language understanding capabilities, the Latent Planner in MoE leverages a large amount of cross-body and human operation video data to obtain universal action understanding capabilities, and the Action Expert in MoE leverages millions of real machine data to obtain fine action execution capabilities. , the three are intertwined, realizing the ability to learn from human videos, complete rapid generalization of small samples, reduce the threshold of physical intelligence, and successfully deploy to various Siasun Robot & Automation bodies, continuously evolving, and pushing physical intelligence to a new level. GO-1: VLA evolves to ViLLA In order to effectively use the high-quality AgiBot World dataset and the massive heterogeneous video data on the internet, and enhance the generalization ability of strategies, Zhiyuan proposed the ViLLA architecture. During reasoning, VLM, Latent Planner, and ActionExpert work together. The LAM (Latent Action Model) is mainly used to obtain the Groundtruth of Latent Actions between the current frame and historical frames, and it consists of an encoder and a decoder. Latent Planner is responsible for predicting these discrete Latent Action Tokens, it shares the same Transformer structure with the VLM backbone network while introducing the Action Expert. The results show that GO-1 has a significantly higher success rate compared to existing optimal models, with an average success rate increase of 32% (46%-> 78%). Investment advice: Focus on domestic Siasun Robot & Automation complete machine factories and component companies Including: 1) complete machine factories: the beneficiaries are Chongqing Sokon Industry Group Stock (601127.SH), Guangdong Dongfang Precision Science & Technology (002611.SZ); 2) actuators and motors: recommended targets are Shenzhen Zhaowei Machinery & Electronics (003021.SZ), and beneficiaries are Zhejiang Sanhua Intelligent Controls (002050.SZ), Ningbo Tuopu Group (601689.SH), Suzhou Veichi Electric (688698.SH), Shanghai Moons'Electric (603728.SH), Kinco Automation (Shanghai) Co., Ltd (688160.SH). 3) reducers: beneficiaries are Ningbo Zhongda Leader Intelligent Transmission (002896.SZ), Zhejiang Shuanghuan Driveline (002472.SZ), Chengdu Haoneng Technology (603809.SH), etc.; 4) drive control: beneficiaries are Fortior Technology (Shenzhen) Co., (688279.SH), Guangdong Topstar Technology (300607.SZ). 5) sensors: recommended target is DongHua Testing Technology (300354.SZ), and beneficiaries are Keli Sensing Technology (603662.SH), Orbbec (688322.SH), Suzhou TZTEK Technology (688003.SH). 6) lead screw: recommended targets are Jiangsu Hengli Hydraulic (601100.SH), Wuxi Best Precision Machinery (300580.SZ), and Zhejiang Changsheng Sliding Bearings (300718.SZ), beneficiaries are Shanghai Beite Technology (603009.SH), Zhejiang XCC.Group (603667.SH) and Zhejiang Fore Intelligent Technology (301368.SZ) and so on.Risk Warning: The risks of the slow progress of domestic equipment substitution, the industrialization of humanoid Siasun Robot & Automation not meeting expectations, and unexpected industry policies.