以下文章来源于睿兽Pro ，作者Bestla 睿兽Pro . 创业邦旗下横跨一二级市场的科创数据平台。实时投资数据、追踪产业创新。找数据、做分析、链资 源，就上睿兽分析。 全球投融资周报 睿兽分析每周整理当周最值得关注的国内外热门投融资事件，帮助大家及时了解全球市场动向。 一级市场投融资概览 根据睿兽分析监测数据，本周国内一级市场披露的融资事件80个，与上周相比减少32个，其中已披 露融资金额的事件34个，总融资规模为72.90亿元人民币，平均融资金额为2.14亿元人民币。 行业分布 从融资事件数量来看，本周人工智能、医疗健康、智能制造领域融资最活跃。 分别为人工智能16 个、医疗健康15个、智能制造10个。 从已披露金额事件的融资规模来看，人工智能最高，融资总规模约为16.29亿元人民币。 其中机器人 研发商 「自变量机器人」完成10亿人民币A轮融资。 自变量机器人是一家专注于通用具身大模型研发的高科技企业。公司致力于通过真实世界数据构建具 备精细操作能力的通用机器人，推动机器人技术在智慧物流、家庭服务等多个领域的落地应用。 其次是金融行业，已披露融资总额为15.77亿元人民币。 其中互联网金融服务商 「W ...

1.【特斯拉在美国全自动驾驶交通违规调查中获准延期5周】美国汽车安全监管机构已批准特斯拉延长五 周时间，以便其对特斯拉公司的全自动驾驶系统启动时其车辆是否违反交通法规的调查做出回应。美国 国家公路交通安全管理局周五表示，在特斯拉要求更多时间手动审查数千份记录以确定可能相关的事件 后，该局已将关键回复的截止日期延长至2月23日。此次调查是联邦对特斯拉驾驶辅助技术审查的一部 分，因为监管机构正在审查有关使用FSD的车辆违反交通规则的说法。（界面新闻） 3.【崔东树：2025年汽车企业整车出口超强】乘联分会崔东树表示，2025年我国汽车出口企业结构呈现显 著优化态势，头部集聚度提升、自主乘用车车企崛起、乘用车车企成为核心增长极，产业链一体化优势 进一步凸显。未来，随着海外产能布局的持续完善、技术研发的不断深入以及市场多元化战略的推进， 我国汽车出口有望继续保持增长态势，但同时也需关注海外贸易壁垒、供应链风险及全球市场竞争加剧 等挑战。建议企业加大核心技术研发投入，优化出口产品，强化本地化生产与服务，进一步提升全球产 业链话语权；同时，加强行业协同，共同应对外部风险，推动我国汽车出口高质量发展。（财联社） 欢迎加入 ...

Group 1 - The 18th Entrepreneurial Conference and the "2025 Future Unicorns" list were successfully held, focusing on high-potential tech companies valued between 1-10 billion USD [2][4] - The "2025 Global Unicorn Enterprises Observation Report" indicates a projected increase of 120 new unicorns globally by 2025, with the US and China leading in numbers [4] - The AI sector continues to dominate the emergence of new unicorns, with 53 AI unicorns expected, accounting for 44.2% of the total [4] Group 2 - The "2025 Entrepreneurial 100 Future Unicorns" list was compiled based on five dimensions, including founding team, technological barriers, commercialization ability, capital attraction, and growth momentum [18] - The average valuation of the listed companies reached 2.57 billion CNY, with 61% having completed five or more funding rounds [18] - 70% of the listed companies have achieved global expansion, covering key markets in Europe and North America [18] Group 3 - The investment environment is shifting from dollar dominance to state-owned capital, but innovation opportunities will continue to attract capital [6] - The Hong Kong stock market is expected to become a primary financing avenue for startups, with a focus on companies with a potential market value of 10 billion CNY [13] - The AI investment trend is characterized by a concentration of capital in leading firms and infrastructure, with a focus on "computing power" as a competitive edge [15] Group 4 - The medical industry emphasizes a long-term mindset, focusing on core technologies and clinical value to navigate through challenges [24] - Companies are encouraged to manage cash flow effectively, balancing long-term strategies with immediate operational needs [26] - The report on CVC development indicates a significant drop in active CVC numbers, with AI and smart manufacturing leading in investment events [29]

Core Viewpoint - Yuanji Food Group, known for its "Yuanji Cloud Dumplings," is preparing for an IPO in Hong Kong, marking a significant step towards capitalizing its business model and expanding its market presence [5][6]. Business Structure - Yuanji Food operates two main brands: "Yuanji Cloud Dumplings" and "Yuanji Weixiang," with the former contributing approximately 97% of total revenue [8][10]. - The revenue model primarily relies on selling ingredients to franchisees, with a significant portion of the business dependent on the performance of these franchisees [10][12]. Financial Performance - In 2023, Yuanji Cloud Dumplings generated revenue of 2.02 billion RMB, projected to increase to 2.56 billion RMB in 2024 [10][11]. - The total GMV (Gross Merchandise Value) for stores was 4.77 billion RMB in 2023, with an average order price decreasing from 26.5 RMB to 22.8 RMB from 2023 to 2025 [10][11]. - The adjusted net profit for the company was 1.79 billion RMB in 2023, with a gross profit margin of 25.9% [11][12]. Supply Chain and Operational Efficiency - The company has five factories and 24 warehouses, achieving a low inventory turnover of 12.1 days, which is significantly better than the industry average of 25 days [13]. - The supply chain's efficiency is crucial for maintaining low costs and ensuring product freshness, especially given the low profit margins [13]. Market Expansion and Challenges - Yuanji Food is expanding into lower-tier cities, with a notable increase in store numbers from 617 to 1,121 in these areas, indicating a strategic shift towards capturing new market segments [16][18]. - The brand faces challenges related to food safety and consumer perception, particularly regarding its "handmade" claims versus the reality of its supply chain model [15][16]. Competitive Landscape - Yuanji Cloud Dumplings leads the market with 4,266 stores, but faces competition from brands like Xijia De and Jixiang Dumplings, which are also expanding their footprints [20][22]. - The company is exploring new revenue streams through retail and international expansion, with a 46% revenue growth in its retail segment, although it currently represents a small portion of total income [22]. Conclusion - Yuanji Cloud Dumplings has established itself as a leader in the Chinese fast-food sector, but must navigate challenges related to brand perception, supply chain management, and competition to sustain its growth trajectory [22].

来源丨量子位 （ID： QbitAI ） 作者丨h enry 这都什么样的硅谷剧情！ 创业不到一年，联创被开！然后马上跑回了老东家… 最新消息称，2024年年底才从OpenAI出走、联合众OpenAI老将创立Thinking Machines Lab的 Barret Zoph ，在不到一年的时间里，已选择重返老东家。 虽然在没有竞业协议的硅谷，这样的"折返跑"并不罕见。 但这一次，Barret Zoph离场方式并不大……体面。 一头是前《连线》杂志资深记者Kylie Robison发文表示，Zoph的离职系因发生"不当行 为"（unethic problem） 被开除 。 另一头是，前OpenAI CTO，代班CEO（内乱版），现Thinking Machines Lab CEO Mira 在爆料 后，火速现身说法： 我们已经与Barret Zoph结束了合作关系，新一任CTO由Soumith Chintala担任。 更离谱的是，一位接近Thinking Machines的消息人士向连线杂志表示，Zoph曾向竞争对手泄露公司 机密信息。 这一顿刷屏给网友整的是一愣一愣。 最骚的是爆料一小时后，Zoph转推表示 ...

Group 1 - Roma's current strategy involves clearing inventory of power banks through distributors at significantly reduced prices, indicating a slight loss on clearance sales [2] - Ford is negotiating with BYD for battery supply for its overseas hybrid vehicle production, aiming to expand its hybrid model lineup [2] - The delivery of the domestically produced light sport aircraft "Aruola" in Hunan marks a significant breakthrough in the domestic aviation industry, achieving full localization of its power and avionics systems [2] Group 2 - TuoStar has launched a quadruped robot dog named "Xingzai," designed for firefighting and security applications, featuring advanced capabilities such as a night vision system and the ability to carry loads up to 80 kg [3]

Core Insights - The article emphasizes the urgency of the next 3 to 7 years in the context of technological advancements and their implications for various sectors, particularly in China and the U.S. [5] Group 1: Key Predictions from Musk's Dialogue - Musk asserts that we are currently in a "singularity," with AI intelligence expected to surpass the smartest human individuals by 2026, and the total intelligence of AI surpassing that of all humanity by 2029 [9] - He warns that the upcoming crisis will revolve around transformers and electricity, highlighting China's significant advancements in energy infrastructure, which he claims are far ahead of the U.S. [11] - The job market will undergo a major transformation, with white-collar jobs being the first to be affected by AI, while blue-collar jobs will face a delay in impact until the widespread deployment of advanced robots [13] Group 2: Economic and Educational Implications - Musk predicts the end of traditional economic models, suggesting that saving for retirement will become irrelevant due to extreme deflation driven by AI and robotics, leading to a future of Universal High Income (UHI) [13] - He critiques the current education system, stating that schools will primarily serve social functions, as AI tutors will render traditional knowledge acquisition obsolete [16] - The future of education will focus on human-AI collaboration, with students needing to develop skills in directing AI rather than rote memorization [36] Group 3: Competitive Landscape and Manufacturing - Musk identifies three main players in the future of AGI: xAI, Google, and "China Inc.," emphasizing that only those with significant infrastructure and talent will compete effectively [40] - He highlights the impending obsolescence of the "population dividend" in China due to advancements in robotics, which will drastically reduce labor costs and challenge the current manufacturing paradigm [32] - Musk argues that the U.S. will struggle to compete in the energy sector, as China has significantly increased its power generation capacity, with projections indicating that by 2026, China's electricity output will be three times that of the U.S. [29][31]

Core Viewpoint - The competition for the title of "Automobile Capital" in China is intensifying, with Chongqing set to achieve a record automotive production of 2.788 million vehicles in 2025, marking a 9.7% increase, and a significant rise in new energy vehicle (NEV) production to 1.296 million units, up 36% [6][8]. Group 1: Historical Context and Challenges - Chongqing aimed to become "China's Detroit" in 2013, reaching a peak production of 3.156 million vehicles in 2016, but faced a decline starting in 2017, with production dropping to 1.383 million vehicles by 2019 [8][9]. - The decline was attributed to a mismatch between Chongqing's focus on mid-to-low-end vehicles and the market's shift towards mid-to-high-end preferences, alongside production capacity issues [8][9]. - The rise of NEVs began to disrupt the traditional automotive landscape, with national sales surpassing 100,000 units within three years after first exceeding 10,000 units in 2015 [9]. Group 2: Strategic Shifts and Collaborations - Changan Automobile, a leading player in Chongqing, announced a plan in 2017 to phase out traditional fuel vehicles by 2025, but initially struggled to keep pace with national NEV growth [9][10]. - A turning point occurred in 2021 when Changan partnered with Huawei and CATL to launch new high-end NEV brands, resulting in a significant increase in sales, with total vehicle sales reaching 2.913 million units and NEV sales up 51.1% to 1.11 million units [10][14]. - The collaboration with Huawei has been pivotal for both Changan and Seres, with Seres becoming the first company to benefit from Huawei's "Smart Selection" model, leading to increased competitiveness in the NEV market [13][14]. Group 3: Future Prospects and Competitive Landscape - The automotive industry is entering a new competitive phase, with Chongqing positioned to lead in NEVs and smart driving technologies, especially after receiving approval for L3-level autonomous driving vehicles [17][19]. - Chongqing's strategic focus on becoming a "Smart Connected New Energy Vehicle Capital" by 2024 aims to leverage its unique geographical features for testing smart vehicles [19][20]. - However, challenges remain, including a lack of competitiveness in AI technology and talent shortages, which could hinder Chongqing's ability to maintain its leading position in the next industrial competition [21][22].

Group 1 - The article discusses the resignation of Song Xuan, the Vice President of Public Relations at Xibei, and the response from founder Jia Guolong, who emphasized that all decisions are ultimately his responsibility and expressed support for Song's future endeavors [3] - Jia Guolong and Luo Yonghao's Weibo accounts have been silenced, with Jia planning to respond to allegations made by Luo regarding Xibei [6] - Smart car has suspended its charging partnerships with several operators, including Star Charging and Teld, due to potential financial pressures, leading to the removal of these charging stations from the Smart app [7] Group 2 - Romashi is clearing inventory of power banks at significantly reduced prices, indicating a slight loss on clearance sales due to previous production before a certification was revoked [9] - Huawei, Xiaomi, and other brands have been included in Apple's trade-in program, allowing users to receive discounts on new iPhones when trading in older devices [9] - GAC Group has established a new business unit for the Trumpchi brand, with a leadership team composed of experienced personnel from within the company [9] Group 3 - Beijing Hyundai plans to launch four new products by 2026, including two electric vehicles, and is collaborating with Momenta to enhance advanced driver assistance systems [10] - WeRide has announced that its global fleet of Robotaxis has surpassed 1,000 units, with operations in cities like Guangzhou and Abu Dhabi [10] - Anthropic has appointed a former Microsoft executive as the General Manager for India, indicating its expansion plans in the region [11] Group 4 - The Japanese government has requested social media platform X to take measures against the misuse of its AI tool Grok for creating inappropriate content [13] - Google's DeepMind CEO stated that Chinese AI models are only a few months behind those in the US, highlighting the rapid advancements in China's AI sector [13] - Ford is in talks with BYD for battery supply for its overseas hybrid vehicle production, indicating a strategic partnership in the electric vehicle supply chain [15] Group 5 - The market for animated short dramas (manga) is projected to exceed 20 billion yuan by 2025, attracting a significant influx of talent into the industry [22] - Porsche has announced a 10% decrease in global deliveries for 2025, primarily due to supply chain issues related to EU regulations affecting certain models [23]

Group 1 - Anthropic has appointed Irina Ghose, a former Microsoft executive, as the General Manager for India, with plans to open its first office in Bangalore by early 2026, supported by Google and Amazon [2] - OpenAI announced plans to strengthen the U.S. artificial intelligence supply chain through domestic manufacturing, including a new request for proposals focusing on key areas such as data center input devices and robotics [2] - The Japanese government has requested that the social media platform X take measures to combat the misuse of its AI tool Grok, which has been used to create and disseminate fake explicit content [2] Group 2 - Meituan has launched its first open-source "Re-Think" model, LongCat-Flash-Thinking-2601, which achieves state-of-the-art performance in core evaluation benchmarks and significantly reduces training costs for adapting new tools in real-world scenarios [2]