公司将收入结构变化归因于春晚效应。此前国内具身智能领域尚属潜在市场，表演价值未被开发，注意力经济未成形，需求尚未觉醒；而海外科研机构与高校实验室对硬件本体的需求超过本土供给，为宇树创造机遇。
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Iran demonstrates minimal negotiation motivation. Daily maritime transit through the strait has collapsed 90-95% since hostilities commenced. Iranian parliamentary approval established formal vessel passage tariffs, institutionalizing control over this critical passage while generating substantially enhanced per-barrel revenues compared to prewar levels. These financial incentives for continued closure diminish Tehran's diplomatic enthusiasm.
Michel Beaudouin-Lafon, Paris-Saclay University
