Core Viewpoint - The company, 越疆 (02432), has announced the granting of a total of 612,800 stock options to 12 recent employees under its H-share stock option plan, pending acceptance and compliance with the plan's rules [1] Group 1 - The stock options were granted on October 20, 2025 [1] - The recipients of the stock options are referred to as "option grantees" [1] - The stock options will only become effective after acceptance by the option grantees [1]

深圳市越疆科技股份有限公司 根 據H股購股權計劃授出購股權 本公告乃根據香港聯合交易所有限公司（「聯交所」）證券上市規則（「上市規則」） 第17.06A條 而 作 出。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 公 告 全 部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 茲提述(i)本公司日期為2025年9月15日的公告及通函（「通 函」），及(ii)本公司日期 為2025年10月9日 的 投 票 表 決 結 果 公 告，內 容 有 關 採 納H股 購 股 權 計 劃。除 文 義 另 有 所 指 外，本 公 告 所 用 詞 彙 與 通 函 所 界 定 者 具 有 相 同 涵 義。 SHENZHEN DOBOT CORP LTD （於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） （股 份 代 號：2432） 授出日期 ： 2025年10月20日 – 1 – 購股權承授人詳情 ： 12名僱員參與者 已授出購股權涉及的 相 ...

Core Viewpoint - The Artificial Intelligence and Robotics (AIR) industry is becoming a core area of global technological competition and industrial transformation, requiring deep financial support to facilitate its development and commercialization [2][4]. Financial Support for AIR Industry - The AIR industry requires different financial needs at various stages, from basic research to commercialization and scaling [2]. - Guangdong is leading the exploration of innovative paths for the AIR industry through financial support, aiming to create a high-level cycle of "technology-industry-finance" [2]. Investment Trends in Humanoid Robotics - By mid-2025, global financing in the humanoid robotics sector exceeded 14 billion RMB, with Chinese companies accounting for 60% of this, amounting to 8.4 billion RMB [2]. - Guangdong companies, particularly in Shenzhen, are prominent in this capital frenzy, with companies like UBTECH Robotics raising over 5.5 billion HKD in the Hong Kong market [3][10]. Challenges Faced by Guangdong's Robotics Industry - Despite the initial commercialization success of leading companies, the humanoid robotics industry remains in its early stages, with mid-tier companies facing commercialization challenges [4][19]. - Guangdong still relies on imported core technologies in the upstream robotics supply chain, indicating a need for improved self-sufficiency [4][22]. Role of Major Internet Companies - Major internet companies like JD.com and Meituan are actively investing in Guangdong's humanoid robotics firms, enhancing their commercialization capabilities [15][16]. - These investments not only provide substantial funding but also help startups overcome commercial bottlenecks, facilitating rapid market validation [16][22]. Future Outlook for Guangdong's Robotics Industry - Guangdong's robotics industry is characterized by a balanced development compared to Beijing and Shanghai, with a significant number of mid-tier companies [21]. - The future of the humanoid robotics industry will depend on the synergy between capital influx and technological breakthroughs, necessitating continued policy support and capital guidance [22].

Core Insights - The article highlights the significant growth and international expansion of AI and robotics companies, particularly in the context of the recent Canton Fair, where many companies reported substantial orders and increased overseas interest [1][6][11]. Industry Trends - The AI and robotics sector is transitioning from simple product exports to providing "smart solutions," with companies like Shenzhen Zhihui Technology reporting a 300% year-on-year increase in robot business revenue due to rising orders from European and American clients [1][6]. - The overall export of China's equipment manufacturing industry reached 6.22 trillion yuan in the first five months of this year, with industrial robot exports increasing by 55.4% [8]. Company Developments - Companies such as Magic Atom Robotics and Shanghai Heitun Robotics are experiencing rapid growth in overseas sales, with Magic Atom reporting that its export business has risen from less than 15% to 30% of total revenue [6][8]. - Yujiang Technology has seen a 165.5% year-on-year increase in revenue from its commercial services sector, indicating a strong demand for diverse robotic solutions [7]. Financing and Market Expansion - By the third quarter of 2025, the total financing for China's robotics industry is expected to exceed 800 billion yuan, with nearly 30% allocated for overseas market expansion [1][11]. - Financial institutions are increasingly supporting AI and robotics companies in their global expansion efforts, with examples like the Bank of Communications providing services for companies seeking to list in Hong Kong [11][14]. IPO Activity - A notable trend is the surge in IPOs among AI and robotics companies, with 12 firms already having announced plans to list on the Hong Kong Stock Exchange as of August this year [14][15]. - Companies like Yujian Technology have successfully listed in Hong Kong and are focusing on expanding their overseas business [14]. Strategic Partnerships - Companies are exploring various strategies for international expansion, including acquisitions and forming partnerships to enhance their technological capabilities and market presence [8][16]. - The integration of financial services with industry needs is becoming crucial, as firms like GF Securities are tailoring their offerings to support tech companies in navigating both domestic and international markets [16].

Core Viewpoint - The article highlights the significant growth and international expansion of AI and robotics companies, particularly in the context of the recent Canton Fair, where these companies are transitioning from simple product exports to providing comprehensive "smart solutions" for overseas markets [1][4]. Group 1: Industry Growth and Trends - The robot business of Shenzhen Zhihui Technology experienced a 300% year-on-year revenue increase in the first half of the year, driven by increased orders from European and American clients [1]. - The Chinese robotics industry is projected to exceed 800 billion yuan in total financing by the third quarter of 2025, with nearly 30% allocated for overseas market expansion [1][12]. - The export of industrial robots from China has seen a remarkable growth rate, with a 55.4% year-on-year increase in the first five months of this year [7]. Group 2: Company Innovations and Market Strategies - Companies like Magic Atom Robotics have increased their export business from less than 15% to 30% of total revenue, indicating a rapid growth trajectory [4]. - Shanghai Heitun Robotics secured over 300 million USD in orders before the Canton Fair, showcasing the demand for their products [4]. - The coffee robot from Shanghai Heitun offers highly personalized customization, catering to various market needs [5]. Group 3: Financial Institutions and Support - Financial institutions are accelerating their support for AI and robotics companies looking to expand internationally, with services like overseas listing and financing being highlighted at the Canton Fair [9][11]. - The integration of investment banking and commercial banking services is becoming crucial for supporting companies like Dipu Technology in their overseas expansion efforts [11][14]. - The trend of companies seeking to list on the Hong Kong stock exchange is increasing, with 12 companies already announcing IPOs as of August this year [12].

Core Insights - The article highlights the significant growth and international expansion of China's AI and robotics industry, particularly at the recent Canton Fair, where companies reported substantial order increases and a shift from simple product exports to comprehensive "smart solutions" [1][2][3]. Industry Growth - The robotics business of Shenzhen Zhihui Technology experienced a 300% year-on-year revenue increase in the first half of the year, driven by increased orders from European and American clients [1]. - The overall export of China's equipment manufacturing products reached 6.22 trillion yuan in the first five months of this year, with industrial robot exports growing by 55.4% [3]. - The compound annual growth rate of China's industrial robot exports is projected to be 22.2% from 2017 to 2024, increasing from 1.98 billion yuan to 8.06 billion yuan [3]. Market Trends - Companies are increasingly focusing on overseas markets, with the proportion of export business in some firms rising from less than 15% to 30% within a year [2]. - The demand for commercial robots in overseas markets is still low, indicating significant potential for growth and the need for tailored solutions [2][3]. Capital Market Activity - By the third quarter of 2025, the total financing in China's robotics industry is expected to exceed 80 billion yuan, with nearly 30% allocated for international market expansion [1][8]. - Twelve AI and robotics companies are currently awaiting IPOs in Hong Kong, indicating a trend towards leveraging international capital markets for growth [1][8]. Financial Institutions' Role - Financial institutions are accelerating their support for AI and robotics companies looking to expand internationally, with services including overseas listing and financing [5][8]. - The integration of investment banking and commercial banking services is becoming crucial for supporting these companies in their global expansion efforts [8][10]. Strategic Moves - Companies like Midea Group are acquiring foreign firms to enhance their technological capabilities and market access [4]. - The trend of forming partnerships and bundled solutions for "smart factories" is gaining traction among Chinese firms aiming to reduce costs and enhance brand recognition abroad [4].

Core Points - The "2025 Shanghai Cultural Week" aims to promote cultural exchange among different ethnic groups through various activities [1] - The event features six main thematic sections, including a Shanghai Food Festival and a cultural exhibition between Shanghai and Kashgar [1][5] - The initiative emphasizes the importance of cultural connection and aims to strengthen ties between the people of Shanghai and Kashgar [7] Group 1: Event Overview - The cultural week opened on October 12 at the South Xinjiang Global Port in Kashgar and will last for one week [1][7] - Activities include a food festival showcasing representative dishes from 16 districts of Shanghai, allowing Kashgar residents to experience local flavors [3][5] - The event also includes a series of performances, forums, and exhibitions to highlight the unique charm of Shanghai culture and the deep connections between the two regions [1][5] Group 2: Thematic Sections - The Shanghai Food Festival features traditional dishes such as Nanxiang Xiaolongbao and Shengjianbao, aiming to enhance emotional connections through culinary experiences [3] - The Shanghai-Kashgar Cultural Exhibition includes three major displays: a photography exhibition showcasing achievements in various fields, a fashion exhibition merging local and Shanghai styles, and a showcase of intangible cultural heritage [3][5] - The event will host a week-long artistic performance series, including modern dance and popular music, alongside a forum discussing topics related to the Silk Road spirit and vocational education [5] Group 3: Cultural Exchange and Community Engagement - The immersive red culture exhibition utilizes modern technology to present Shanghai's red cultural resources, fostering cultural exchange and heritage transmission [5] - Interactive activities, including a parade featuring popular characters and a large dance competition, aim to create a festive atmosphere and encourage local participation [5][7] - The event is supported by various governmental bodies and aims to strengthen the emotional bonds between the people of Shanghai and Kashgar [7]

深圳市越疆科技股份有限公司 （於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） （股 份 代 號：2432） 於2025年10月9日（星 期 四）舉行的 2025年第二次臨時股東會投票表決結果 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 公 告 全 部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 SHENZHEN DOBOT CORP LTD 茲提述深圳市越疆科技股份有限公司（「本公司」）日期均為2025年9月15日有關 本公司2025年第二次臨時股東會（「臨時股東會」）的通函（「通 函」）及 通 告。除 本 公 告 另 有 界 定 者 外，本 公 告 所 用 詞 彙 與 通 函 所 界 定 者 具 有 相 同 涵 義。 臨時股東會 董 事 會 欣 然 宣 布，本 公 司 已 於2025年10月9日（星 期 四）在中國深圳市南山區桃源 街道福光社區留仙大道3370號南山智園崇文園區2號 樓24層會議室召開及舉行 臨 時 股 ...

Group 1 - The National Development and Reform Commission has allocated 200 million yuan for disaster recovery efforts in Guangdong and Hainan following Typhoon "Maidum" [5] - The National Food and Strategic Reserves Administration has dispatched 30,000 emergency relief supplies to support disaster relief efforts in affected areas [6] - As of August 31, 2025, there are 5,435 listed companies in China's stock market, with the manufacturing sector accounting for 68% of the total number of companies [7] Group 2 - The investigation into the Weihai cold storage fire has resulted in 13 individuals being held criminally responsible, with direct economic losses amounting to 27.84 million yuan [8] - Five individuals were confirmed dead after entering an abandoned mine in Youxi County, Fujian Province [9] - The total box office for the 2025 National Day film season has exceeded 1.3 billion yuan, with top films including "The Volunteer Army: Blood and Peace" [10] Group 3 - A major oil-producing countries' meeting concluded with a decision to maintain an increase in oil production by 137,000 barrels per day in November [11] - Tencent's "Hunyuan Image 3.0" has been ranked first in the global blind test for AI models, enhancing its position in the AI technology sector [15] - Sunshine Power has submitted a listing application to the Hong Kong Stock Exchange, which may enhance its brand influence and financing capabilities [18] Group 4 - Novo Holdings has established the world's largest venture capital fund focused on quantum technology, raising approximately 300 million euros [19]

Core Viewpoint - The news reports the sudden passing of Zeng Yu, the Vice President of Yuzhang Technology (2432.HK), due to a medical emergency, which raises concerns about the company's leadership stability and potential impact on its operations [1] Company Summary - Zeng Yu passed away on October 3 at 23:33 in Shanghai due to a ruptured cerebral aneurysm leading to brain herniation, a complication of increased intracranial pressure [1] - His age at the time of death was 49 years [1]