Core Viewpoint - Pony.ai (PONY.US) shares rose by 5.2% to $14.05 following a business collaboration with Aitboda to establish a fully autonomous ride-hailing fleet, enhancing the application of autonomous driving technology in urban and travel scenarios [1] Group 1 - The partnership signifies an expansion of the "AI + Mobility" service sector into the high-end market [1] - This collaboration introduces a new demonstration of "smart technology + luxury service" [1] - The initiative injects new momentum into the commercialization path of Level 4 (L4) autonomous driving [1]

Group 1 - SF Express (09699) expects a profit of no less than RMB 238 million for the year ending December 31, 2025, representing an increase of at least 80% compared to 2024. Adjusted net profit is projected to be no less than RMB 376 million, a growth of at least 158%, with revenue expected to reach no less than RMB 22 billion, a 40% increase from 2024 [1] - Fuhong Hanlin (02696) shares rose nearly 5% following a successful offline researcher meeting in San Francisco regarding its international multi-center Phase III clinical study for HLX22, a new anti-HER2 monoclonal antibody [1] - Xpeng Motors (09868) saw a decline of over 2.2% as it reported January vehicle deliveries of 20,011 units, a year-on-year decrease of 34.07% and a month-on-month decrease of 46.65% [1] Group 2 - Engineering machinery stocks continued to rise, with Zoomlion (01157) up 7.47% and Sany International (00631) up 3.57%. The total import and export trade of engineering machinery in China for 2025 is projected to be USD 62.743 billion, a year-on-year increase of 13.2% [2] - Ruipu Lanjun (00666) shares increased over 5% after announcing its first profit forecast since listing, expecting a net profit of RMB 630 million to RMB 730 million for the year ending December 31, 2025 [2] - Pony.ai (02026) shares rose over 2.5% following a partnership with Aitbot to build a fully autonomous driving service fleet [2] Group 3 - MINIMAX-WP (00100) shares surged over 12.7% after the release of the MiniMax Music 2.5 audio model, which achieved breakthroughs in "paragraph-level strong control" and "physical-level high fidelity" [3] - China International Marine Containers (02039) shares rose over 12% after discussing its data center business and container manufacturing performance in an investor relations activity [3] Group 4 - WanGuo Gold Group (03939) shares increased over 6.8% after announcing an expected profit of approximately RMB 1.4 billion to RMB 1.5 billion for 2025, a year-on-year increase of about 143% to 161% due to rising sales volume and prices of gold products [4] - Junda Co., Ltd. (02865) shares rose over 13% after completing a placement agreement [4] Group 5 - Carnival Cruise Line (CCL.US) shares rose 8.09% as U.S. House Speaker Mike Johnson expressed confidence in gaining Republican support to end the government shutdown [5] - Major tech stocks like AMD (AMD.US) and Intel (INTC.US) saw gains, with AMD up 4.03% and Intel up 5.04%, following unexpected expansion in U.S. manufacturing activity [5] - The storage sector strengthened, with SanDisk (SNDK.US) up 15.44% as demand for AI and data centers continues to drive price increases in DRAM and NAND Flash products [6] Group 6 - Disney (DIS.US) shares fell 7.4% despite reporting a 5% year-on-year revenue increase to USD 26 billion for Q1 2026, exceeding analyst expectations [7] - Coterra Energy (CTRA.US) shares dropped 3.6% following Devon Energy's announcement of a significant acquisition deal [6] - Oracle (ORCL.US) shares declined 2.75% as the company plans to raise USD 45 billion to USD 50 billion for expanding its cloud infrastructure [8]

Core Viewpoint - The collaboration between Xiaoma Zhixing and Aitebo marks a significant step in expanding the "AI + Mobility" service sector into the high-end market, enhancing the commercialization path for Level 4 autonomous driving [1] Group 1: Business Collaboration - Xiaoma Zhixing has partnered with Aitebo to establish a fully autonomous driving service fleet, promoting the application of autonomous driving technology in urban and travel scenarios [1] - This partnership is seen as a new demonstration of "smart technology + luxury service," injecting new momentum into the commercialization of Level 4 autonomous driving [1] Group 2: Strategic Vision - The founder and CEO of Xiaoma Zhixing, Peng Jun, stated that this collaboration is a key implementation of the company's "light asset + AI empowerment" strategy across diverse mobility scenarios [1] - The company aims not only to provide technology but also to explore efficient paths for the commercialization of Robotaxi in partnership with service-oriented partners [1] Group 3: Market Presence - Xiaoma Zhixing's fully autonomous vehicle fleet and service network have already established a presence in major cities such as Beijing, Shanghai, Guangzhou, and Shenzhen, continuously transforming cutting-edge technology into accessible mobility experiences [1] - The collaboration is expected to leverage Aitebo and Xinghui Travel's deep understanding of high-end business travel scenarios to create a clear value blueprint for the fully autonomous driving industry [1]

Core Viewpoint - The collaboration between Xiaoma Zhixing and Aitebo marks a significant step in expanding the "AI + Mobility" service sector into the high-end market, enhancing the commercialization path for Level 4 autonomous driving [1] Group 1: Business Collaboration - Xiaoma Zhixing has partnered with Aitebo to establish a fully autonomous driving service fleet, promoting the application of autonomous driving technology in urban and travel scenarios [1] - This partnership is seen as a demonstration of "smart technology + luxury service," injecting new momentum into the commercialization of Level 4 autonomous driving [1] Group 2: Strategic Vision - The founder and CEO of Xiaoma Zhixing, Peng Jun, stated that this collaboration is a key implementation of the company's "light asset + AI empowerment" strategy across diverse mobility scenarios [1] - The company aims to not only provide technology but also to explore efficient paths for the commercialization of Robotaxi in partnership with service-oriented partners [1] Group 3: Market Presence - Xiaoma Zhixing's fully autonomous vehicle fleet and service network have already established a presence in major cities such as Beijing, Shanghai, Guangzhou, and Shenzhen, continuously transforming cutting-edge technology into accessible mobility experiences [1]

Core Viewpoint - The collaboration between Pony.ai and Aitboda aims to establish a fully autonomous driving service fleet, expanding the application of autonomous driving technology in urban and travel scenarios, marking a significant step into the high-end market [1] Group 1: Business Collaboration - Pony.ai has partnered with Aitboda to co-build a fully autonomous driving service fleet [1] - This partnership signifies the expansion of the "AI + Mobility" service sector into the high-end market [1] - The collaboration introduces a new demonstration of "smart technology + luxury service" for the commercialization path of L4 autonomous driving [1] Group 2: Strategic Vision - The CEO of Pony.ai, Peng Jun, stated that this collaboration is a key implementation of the company's "light asset + AI empowerment" strategy in diverse mobility scenarios [1] - The company aims not only to provide technology but also to explore efficient paths for the commercialization of Robotaxi in partnership with service-oriented partners [1] - The collaboration leverages Aitboda and Xinghui Travel's deep understanding of high-end business travel scenarios to create a clear value blueprint for the fully autonomous driving industry [1]

Core Insights - The company, Pony.ai, announced that its Robotaxi fleet will exceed 1,159 vehicles by the end of 2025 and is expected to surpass 3,000 vehicles by 2026, marking a significant milestone in the autonomous driving industry [1] - Pony.ai successfully completed a dual primary listing on both the US and Hong Kong stock exchanges, achieving the largest IPO in the global autonomous driving sector for 2025 [1] - The latest seventh-generation Robotaxi features a new autonomous driving hardware and software system that has reduced the cost of the autonomous driving kit by 70% compared to the previous generation [1][4] Company Developments - The seventh-generation Robotaxi is equipped with 34 sensors across six categories, enabling 360° detection of objects and environments up to 650 meters away, enhancing safety and operational capabilities [4] - The system's adaptability has been expanded, allowing it to be deployed on multiple vehicle platforms, including models from Arcfox, Aion, and Toyota, thus accelerating the commercialization of autonomous driving technology [4] - The company reported a total revenue of 181 million yuan for Q3 2025, a 72% year-on-year increase, with Robotaxi business revenue reaching 47.7 million yuan, up 89.5% [5] Industry Context - The rapid development of Pony.ai reflects the growth of the automotive industry in Guangdong, which produced 3.618 million new energy vehicles during the 14th Five-Year Plan period, accounting for a quarter of the national total [1] - The Guangdong provincial government has emphasized the importance of expanding emerging industries, including smart connected vehicles, in its recent work reports [1][6] - The region has established a supportive policy environment for autonomous driving, with early initiatives in road testing and demonstration operations, positioning Guangdong as a key player in the autonomous vehicle sector [6][7] Strategic Collaborations - Pony.ai has formed strategic partnerships with major automotive manufacturers and supply chain companies, enhancing its integration within the Greater Bay Area's industrial ecosystem [7] - The company is expanding its operations across various domestic regions, including Beijing, Guangzhou, and Shenzhen, while also venturing into international markets such as the Middle East, Europe, and Singapore [7]

Core Insights - The collaboration marks the first clear entry of the Robotaxi industry into the high-end travel market, opening a new path for the commercialization of autonomous driving through a "technology + service" dual-drive model [1] Group 1: Partnership Overview - The partnership involves the establishment of a fleet of fully autonomous vehicles that have obtained L4-level testing and demonstration application licenses, allowing them to provide services to the public in first-tier cities [1] - The vehicles will connect to both the self-operated ride-hailing platform of Pony.ai and third-party cooperation channels, as well as fully integrate with Aitebo's Xinghui Travel platform, creating a closed loop of "orders-capacity-service" [1] Group 2: Strategic Logic - The core logic of the collaboration is the precise complementarity of both parties' strengths, with Pony.ai having built a mature fully autonomous driving service network in major cities and a fleet of over 1,000 vehicles, accumulating over 60 million kilometers of global autonomous driving test mileage, including over 15 million kilometers of fully autonomous driving [2] - Aitebo brings deep resources in high-net-worth clientele and high-end service experience, filling a gap in the Robotaxi market for high-end segments [2] Group 3: Target Market - The collaboration targets high-end travelers, such as business travelers and first-class airline passengers, who have extreme demands for travel quality [2][4] - The features of fully autonomous Robotaxis, including punctuality, privacy, and customizable in-vehicle environment adjustments, cater to the core needs of high-end clientele, transforming vehicles into "mobile third spaces" [4] Group 4: Business Model - This partnership represents another implementation of Pony.ai's "light asset + AI empowerment" strategy, aiming to enhance single-vehicle revenue value by entering the high-end market, thereby reducing operational costs through higher customer pricing [4] - The CEO of Pony.ai emphasized that the core of the collaboration is to explore efficient paths for the commercialization of Robotaxi services, which will open new value landscapes for the industry [4] Group 5: Previous Initiatives - This is not Pony.ai's first foray into the aviation travel scene, as it has already initiated shuttle tests at Beijing Daxing Airport in 2023, with services extending to major hubs like Guangzhou South Station and Shenzhen Bao'an Airport [4] - The current collaboration represents a "high-end upgrade" from "convenient travel" to "quality travel," building on existing foundations [4]

专题：为中国经济点赞——企业家之夜2025盛典 "为中国经济点赞——企业家之夜"于1月29日在北京举行。小马智行创始人、首席执行官彭军出席接受 致敬。洪泰基金创始人、董事长盛希泰与红杉中国合伙人周逵为其见证荣誉。 致敬词： 他被称为"全球自动驾驶革命的引领者"。从硅谷顶尖工程师到归国创业先锋，率先在中国街头测试L4级 自动驾驶。他以 "以事聚人，因人成事" 的理念，带领团队攻坚克难，终将理想变为现实，让自动驾驶 汽车穿梭于城市街巷。他以工程师的严谨打磨每一行代码，以企业家的远见布局每一条路线，让中国自 动驾驶系统在全球竞争中赢得话语权。 周逵谈到，小马智行十年坚持robotaxi模式，风险非常大，这反映一个创业者在新经济里起得早，而且 极其专注。 盛希泰表示，未来五年，自动驾驶一定会使汽车工业上一个新的台阶。小马智行在国内是最领先的一家 企业，会越做越好。 彭军发表感言时表示，小马智行十年前成立，十年磨一剑。在两年多前，在中国的四大一线城市，用户 已经可以开始做全无人的商业化运营。在他看来，小马智行之所以能发展到今天，一方面是得益于整个 团队十年来一起的努力与坚持，当然很重要的也是得益于现在的这个极其支持创新 ...

Core Viewpoint - The event "Praise for China's Economy - Entrepreneur Night" was held on January 29 in Beijing, emphasizing the importance of entrepreneurial spirit in driving innovation and social responsibility [1][2]. Group 1: Entrepreneurial Spirit - The CEO of Pony.ai, Peng Jun, highlighted three key aspects of entrepreneurial spirit: social responsibility, innovation, and resilience [1][2]. - The current global and Chinese landscape is viewed as the best time for innovation, particularly in the technology startup phase, suggesting unprecedented opportunities for entrepreneurs in China's history [1][2]. Group 2: Call to Action - Entrepreneurs are encouraged to take bold actions and engage actively in their ventures, reflecting a proactive approach to business development [1][2].

本文源自：金融界AI电报 港股AI应概念股盘初走强，金山云(03896.HK)涨近4%，心动公司(02400.HK)涨2%，小马智行- W(02026.HK)、出门问问(02438.HK)涨幅居前。 ...