南方财经记者程浩 东莞报道 9月25日，东莞市统计局公布2025年1—8月东莞经济运行情况。数据显示，今年前8月工业生产稳定增 长、外贸进出口保持较快增长，东莞全市经济运行总体平稳。 其中，1—8月东莞规模以上工业增加值同比增长4.8%。主导产业增速较快，电子信息制造业增加值同 比增长9.0%，电气机械及设备制造业同比增长8.5%，化工制造业同比增长11.6%。 值得注意的是，东莞外贸进出口依旧保持较快增长，前8月东莞外贸进出口总额10256.1亿元，同比增长 14.6%。 工业方面，1—8月东莞规模以上工业增加值同比增长4.8%，主导产业增速较快，新动能产业发展良 好。先进制造业、高技术制造业增加值分别同比增长7.6%、9.0%。从产品产量看，高技术产品产量保 持较快增长，集成电路、服务器、智能手表、电子元件等产品产量分别同比增长82.7%、62.7%、 42.4%、11.3%。 外贸方面，今年1—8月东莞进口3959.2亿元，同比增长24.9%；出口6296.8亿元，同比增长9.0%。尤其 是8月份，东莞外贸进出口总额同比增长8.5%。其中，进口同比增长16.8%，出口同比增长4.3%。 投资方面，1—8 ...

21世纪经济报道柳宁馨 杭州报道 9月25日至29日，由浙江省人民政府和商务部联合主办的第四届全球数字贸易博览会（以下简称"数贸会"）在杭州大会展中心举 办。 宇树科技创始人、CEO、CTO王兴兴在本届数贸会开幕式发言中表示，经过过去九年的努力，宇树科技成为了最近几年四足机 器人、人形机器人出货量最多的公司。 王兴兴表示，"我们坚信智能机器人技术是先进生产力发展的关键，我们希望引领行业向更加亲民、实用安全的方向发展，为社 会做出更多贡献。" 对于宇树科技而言，自今年上半年开始，机器人学习人类的各种舞蹈、武术动作，其丝滑程度和效果已经远好于此前。 据王兴兴透露，宇树科技第二个近期待实现的阶段是，能够实现响应实时指令并完成能力范围内任意动作。这也是突破固定场 景依赖，迈向商业化的关键一步。王兴兴表示，宇树科技规划，这一阶段快则2025年底、慢则2026年上半年就可完成。 （第四届全球数字贸易博览会开幕式现场，拍摄：柳宁馨） 对于第三个阶段，也就是中长期突破阶段，王兴兴认为，具身智能机器人或可实现陌生环境下自主理解指令，并与物理世界任 意交互，比如自主找水杯递水。王兴兴透露，这一阶段"快的话可能在2026年，慢的话 ...

Core Viewpoint - Liard's chairman emphasizes the importance of technological innovation to combat price wars and explores new growth avenues through AI and cultural tourism [1] Group 1: Technological Innovation - Liard focuses on LED display technology research and has made significant breakthroughs, particularly in MIP and COB technologies, achieving mass production of MIP as early as 2020 [2] - The newly launched Hi-Micro series products feature full viewing angles and high brightness, with a uniformity of brightness greater than 97%, outperforming COB technology [2] - Liard aims to penetrate the home theater and high-end commercial display markets, with a core technology advantage in the Micro LED movie screen segment, being the only company certified by DCI for a 0.9mm pitch Micro LED movie screen [3] - The company plans to reduce customer replacement barriers in the movie market through financial models like leasing and installment payments [3] - Liard has established a Hi-Micro production capacity of 1,200KK, with plans to increase it to 2,400KK to lower costs as production scales up [3] Group 2: Overseas Expansion - Liard has factories in Slovakia and Saudi Arabia, with additional operations in Singapore, India, and Malaysia, which helped mitigate losses during the US-China trade war [4] - Approximately 46% of Liard's total revenue comes from overseas, with over 50% of the display segment's revenue generated internationally, particularly strong in the North American market [4] - The company acknowledges the need for improvement in overseas market performance and plans to enhance marketing and product development efforts in these regions [4] Group 3: AI and Cultural Tourism Integration - Liard is leveraging AI technology in conjunction with the cultural tourism industry to create a second growth curve [5] - The acquisition of Natural Point in 2016 positioned Liard early in the AI sector, with the AI business now generating approximately 100 million annually [6] - The company is developing AI applications for interactive experiences, such as AI tour guides and digital celebrity narrators, enhancing its cultural tourism projects [6] - Liard's LED display technology is being integrated into various cultural tourism scenarios, including museums and exhibitions, to enhance the engagement of artifacts [7] Group 4: Project Strategy and Market Potential - Liard adopts a "light asset, quick output, and a combination of fast and slow" strategy for cultural tourism projects to mitigate risks associated with heavy asset investments [8] - The company prioritizes projects in high foot traffic areas with secure funding, collaborating with governments and enterprises to leverage its technology and operational capabilities [8] - Liard expresses confidence in the vast potential of the cultural tourism market in China, estimating it to be worth trillions, with opportunities for long-term growth due to its creative design and technological integration advantages [8]

Core Insights - Alibaba's CEO, Wu Yongming, asserts that AI will become the next generation operating system, with a focus on advancing towards Artificial Superintelligence (ASI) [1] - The market reacted positively to these statements, with Alibaba's stock rising over 6%, reaching its highest point since October 2021 [1] Group 1: AI Integration in Automotive Industry - Several automotive companies, including Li Auto, BYD, and NIO, have introduced AI agents into their smart cockpits, enabling features like voice-activated food ordering while driving [2] - The initial applications of these AI agents are relatively simple, focusing on navigation, food ordering, and ride-hailing, but the ultimate goal is to create a seamless "human-vehicle-life" interaction [2][3] - Li Auto's AI agent, "Li Xiang," aims to enhance its capabilities with environmental awareness and comprehensive memory, allowing for more complex interactions [2] Group 2: Technical Frameworks for AI Agents - Li Auto employs two frameworks for its AI agent: CUA (Cockpit Using Agent) and MCP/A2A (Multi-Channel Processing/Agent-to-Agent) [2][3] - CUA involves multi-modal large model understanding tasks and executing them through apps, while MCP/A2A allows the AI agent to delegate tasks to third-party agents for efficiency [3][4] - The accuracy of current AI agents in completing complex tasks is around 30%, indicating a need for improved predictive capabilities [3] Group 3: Future Developments in AI Capabilities - Li Auto's vision for its AI agent includes "full information memory," which encompasses user actions, environmental interactions, and semantic memory regarding relationships [5] - The AI agent is expected to not only remember user behaviors but also proactively assist by mimicking past actions, enhancing user experience [5] - Environmental perception is crucial for the AI agent, enabling it to recognize real-world cues and complete tasks autonomously [5][6] Group 4: Industry Perspectives on AI - Wu Yongming emphasizes that for AI to surpass human capabilities, it must continuously interact with the physical world to gather comprehensive data [6] - The advancement of autonomous driving technology is cited as an example of how AI learns from raw data to improve performance [6]

Core Insights - JD.com unveiled its AI strategy at the JD Discovery 2025 Global Technology Explorer Conference, emphasizing a commitment to invest in AI over the next three years to create a trillion-dollar AI ecosystem across various industries [2] - The company has refined its understanding of AI value, now defined as model × experience × industry depth squared, moving away from a purely performance-driven approach to a focus on sustainable development and real value creation for industries [2] - AI is currently reshaping supply chains across industries, with JD.com leveraging its technological innovations and accumulated expertise to build comprehensive capabilities in intelligent computing infrastructure, models, platforms, scenarios, and products [2] Product and Application Highlights - JD.com introduced several new AI products, including the JD Xi APP, which is positioned as the next-generation super entrance for shopping and life services; the "He, She, It" digital assistant; and the JoyInside intelligent platform, which has integrated over 30 leading brand hardware products [3] - The company also launched the Logistics Super Brain Model 2.0, the e-commerce innovation AI architecture Oxygen, the Health JD Medical Inquiry 2.0 model, and the first industrial supply chain model JoyIndustrial for the industrial sector [3]

Group 1 - The market experienced a volatile upward trend on September 25, with the ChiNext Index rising 2.22%, reaching a three-year high [1] - Leading lithium battery manufacturer CATL saw its A-shares rise nearly 5% and H-shares over 4%, with a total market capitalization exceeding 1.82 trillion yuan, surpassing Kweichow Moutai's 1.80 trillion yuan [1] - The Tianhong ChiNext ETF (159977) was actively traded, increasing by 2.06% with a transaction volume exceeding 233 million yuan [1] Group 2 - CITIC Securities forecasts that the AI innovation trend will continue into the second half of 2025, accelerating growth in the industry chain [2] - Industrial growth in the optical module sector is expected to maintain high year-on-year increases due to ongoing AI demand and advancements in silicon photonics technology [2] - Dongguan Securities notes that the A-share market is showing a steady upward trend, with technology growth sectors performing well, and anticipates new investment opportunities emerging post-holiday [2]

Group 1 - The core viewpoint of the news highlights the positive developments surrounding CATL, particularly its stock performance and market position [3][4][6] - CATL's stock price reached a historical high, surpassing 400 yuan, with a market capitalization exceeding 1.83 trillion yuan, making it the third-largest in A-shares [3] - The lithium supply chain is facing challenges due to the suspension of operations at CATL's lithium mine, leading to a significant decline in lithium salt production expected by August 2025 [2] Group 2 - CATL plans to launch a new generation of high-nickel batteries by 2026, targeting the core needs of extended-range electric vehicles [4] - The technology sector, particularly in lithium batteries, has shown strong performance, with CATL's stock increasing by 46.92% year-to-date, contrasting with declines in traditional sectors like liquor and banking [5][6] - Analysts predict stable growth in demand for new energy vehicles and energy storage, indicating a potential rebound in industry profitability [6]

值得一提的是，为补足"超级工厂"方案里的产品多样性，越疆还首发了轮式人形机器人ATOM-M。该轮 式新品融合"人形上身"的灵巧操作与"轮式底盘"的高效移动，契合了工业场景对移动操作的刚性需求。 【越疆推出多形态具身智能"超级工厂"平台化方案】#广东机器人江湖名场面#在2025年中国国际工业博 览会（CIIF）上，越疆携其全球首个多形态具身智能"超级工厂"平台化方案亮相，该方案实现了全国首 例工业跨场景多任务协同作业的泛化应用。 ...

Group 1 - The core idea of the articles is that Zhejiang Commercial Bank is innovating its anti-fraud education methods by utilizing immersive and mobile formats to effectively reach a wider audience and enhance public awareness of fraud schemes [2][4][6] - Zhejiang Commercial Bank launched the "Zhejiang Bank Consumer Protection Anti-Fraud Laboratory" which features three virtual high-fraud areas: campus, county, and community, using engaging experiments and situational performances to dissect common fraud tactics [2][6] - The live broadcast attracted significant attention, with 151,000 total views, a peak of 25,000 concurrent viewers, and 559,000 likes, demonstrating the effectiveness of the interactive approach in making anti-fraud knowledge more accessible [2] Group 2 - In addition to online initiatives, Zhejiang Commercial Bank is also conducting real-world financial knowledge events, such as a pop-up activity at Hangzhou Xiaoshan International Airport, to engage travelers and disseminate financial safety information [4][6] - The bank's activities span multiple cities including Beijing, Zhengzhou, Xi'an, and Chengdu, employing a variety of formats like online live streams, offline events, and short video competitions to create a comprehensive communication matrix [6] - The approach combines professional insights into fraud with practical experiences to strengthen public understanding and build a robust risk defense, showcasing the bank's commitment to proactive consumer protection [6]

Group 1 - The computer sector experienced a significant rise, with the Computer ETF (159998) increasing by over 2% and a trading volume exceeding 140 million yuan, while the Cloud Computing ETF (517390) rose nearly 4% with a turnover rate of over 11% [1] - Major stocks in the Computer ETF included Inspur Information, which hit the daily limit, along with other companies like Yonyou Network and Huqin Technology showing gains [1] - The Cloud Computing ETF closely tracks the CSI Hong Kong-Shanghai Cloud Computing Industry Index and includes major holdings such as Tencent Holdings and Zhongke Shuguang [1] Group 2 - The Ministry of Industry and Information Technology and the National Development and Reform Commission issued guidelines to enhance new information infrastructure, promoting the deployment of 5G, gigabit optical networks, and industrial internet in parks [2] - Alibaba launched Qwen3-Max, its largest and most capable model to date, which has achieved a high ranking in the LMArena text leaderboard, surpassing GPT-5-Chat [2] - Continuous growth in demand for AI and cloud services in China is supported by recent industry events, indicating an upward trend in model capabilities and infrastructure optimization [3]