消息面上，近日，在CES2026展会期间，希迪智驾与速腾聚创(02498)携手宣布达成战略合作。据介绍， 双方将强强联合，基于希迪智驾在商用车智能驾驶领域的专业沉淀与速腾聚创在数字化激光雷达领域的 技术优势，共同推动更安全、更高效、更智能的自动驾驶解决方案的规模化落地，提升无人矿卡、无人 物流车等商用车辆的运输效率与作业稳定性，赋能矿山、封闭园区、通关口岸以及轨道交通、智慧城市 等场景的智能化升级，让智能驾驶持续惠及产业转型及民生改善。 希迪智驾(03881)涨超5%，截至发稿，涨5.1%，报264港元，成交额746.87万港元。 ...

割草机器人业务的冠军表现，也强劲带动速腾聚创在2025年实现机器人整体销量的破纪录增长，取得年 度总销量303,000台，同比增长1141.8%的亮眼成绩。根据高工机器人产业研究所(GGII)《2025年中国机 器人领域3D激光雷达出货量排行榜》，速腾聚创机器人领域激光雷达年出货量行业第一，实现从细分 领域到机器人整体市场的全面领先。 割草机器人是2025年增长最迅猛的机器人细分品类，IDC数据显示，仅2025年上半年，全球割草机器人 便已实现出货量234.3万台，同比增长327.2%的亮眼成绩。这一过程中，速腾聚创的数字化激光雷达凭 借自研SPAD-SoC及VCSEL数字化芯片架构带来的高性能与高可靠性，成为帮助割草机器人实现感知升 级、推动市场增长的关键动力。 全球首款机器人全固态数字化激光雷达E1R，拥有90°超大垂直视场角及144线高线数，能轻松感知地面 细小障碍物、地形变化和护栏边缘，有利于割草机器人的精准定位、建图与导航；全固态设计，无惧震 动、颠簸和冲击，能帮助割草机器人在崎岖地面运行时稳定性提升三倍。同时，E1R采用车规级设计， 已通过紫外老化、盐雾测试、电磁兼容等超60项可靠性测试，可从容应 ...

记者从速腾聚创(02498.HK)获悉，1月13日，RoboSense速腾聚创宣布，2025年机器人领域激光雷达产品 销量达303000台，问鼎行业第一。相较2024年，速腾聚创机器人领域产品销量同比强劲增长1141.8%。 值得注意的是，日前举行的美国拉斯维加斯国际消费电子展(CES)上，RoboSense速腾聚创与九号公司旗 下品牌SegwayNavimow在美国拉斯维加斯联合发布了全新消费级智能割草机器人Navimowi2LiDAR型 号。 据了解，该产品的核心亮点在于搭载了速腾聚创专为其开发的E1R定制版，通过精准环境感知与强环境 适应性，解决复杂庭院场景的作业挑战通过更精准的环境感知与更强的环境适应性，解决复杂庭院场景 下的作业挑战。 市场人士指出，2026年随着各细分领域市场进一步规模放量，速腾聚创将点燃业绩增长新引擎，打开更 积极局面。 据高工机器人产业研究所(GGII)《2025年中国机器人领域3D激光雷达出货量排行榜》显示，速腾聚创 2025年机器人业务增速迅猛，激光雷达年出货量位居行业第一。GGII预测，在割草机器人、人形机器 人、四足机器人等市场的带动下，3D激光雷达市场规模将实现高速增 ...

Group 1 - The core viewpoint of the article highlights that SUTENG JUCHUANG (HK.02498) has achieved significant growth in its robot lidar sales, with projections indicating over 303,000 units sold in 2025, representing an increase of more than 11 times year-on-year [1] - The company has established partnerships with industry clients such as Weilan Continent, Kuka Technology, New Stone Age, and Zhiyuan, covering various sectors including lawn mowing robots, logistics delivery, and humanoid robots [1] - As of December 2025, SUTENG JUCHUANG's lidar deliveries surpassed 180,000 units, reflecting a month-on-month increase of 20%, with total deliveries exceeding 450,000 units in the first three quarters of 2025 [1] Group 2 - In Q3 2025, the company reported total revenue of approximately 407 million RMB, with revenue from robot and other lidar products reaching about 142 million RMB, marking a significant year-on-year increase of 157.8% [1] - The CEO of SUTENG JUCHUANG, Qiu Chunchao, stated that lidar technology is entering a new era of digitalization, with expectations for a mature and stable architecture that will enhance penetration in automotive, robotics, and drone markets [3] - The company anticipates that the fourth quarter of 2025 will see a surge in digital lidar sales, leading to the expectation of achieving profitability for the first time in a single quarter [3]

根据公告披露的核心运营数据，2025年第四季度，速腾聚创激光雷达产品总销量约为459,600台。其中，面向ADAS（高级驾驶辅助系统）应用的激光 雷达产品销量达238,400台，用于机器人及其他场景的激光雷达产品销量为221,200台，季度销量呈现强劲增长态势。 1月13日，速腾聚创发布自愿公告，披露了截至2025年12月31日止年度的业务更新及未经审核运营数据。公告显示，集团在2025年度新品推出与激光雷 雷达产品销售领域取得重大突破，整体业务表现亮眼。 从全年维度来看，2025年度速腾聚创激光雷达产品总销量约为912,000台，实现规模性突破。细分场景中，ADAS应用激光雷达产品全年销量约609,000 台，成为集团核心增长引擎；机器人及其他应用领域激光雷达产品全年销量约303,000台，展现出多元应用场景的广阔市场潜力。 ...

截至2025年12月31日止年度，本集团的激光雷达产品、用于ADAS应用的激光雷达产品及用于机器人及 其他的激光雷达产品的销量分别约为91.2万台、60.9万台及30.3万台。 消息面上，速腾聚创发布公告，本集团于截至2025年12月31日止年度内在新产品推出及激光雷达产品销 售方面取得重大突破。于2025年第四季度，本集团的激光雷达产品、用于ADAS应用的激光雷达产品及 用于机器人及其他的激光雷达产品的销量分别约为45.96万台、23.84万台及22.12万台。 智通财经APP获悉，速腾聚创(02498)早盘涨超5%，截至发稿，涨4.01%，报38.92港元，成交额1.27亿港 元。 ...

Market Overview - The Hong Kong stock market opened higher on January 14, with the Hang Seng Index rising by 0.46% to 26,971.97 points, the Hang Seng Tech Index up by 0.42% to 5,894.63 points, the State-Owned Enterprises Index increasing by 0.46% to 9,328.05 points, and the Red Chip Index gaining 0.25% to 4,156.46 points [1] Company News - Q Technology (01478.HK) expects a net profit growth of approximately 400% to 450% for the year ending December 31, 2025 [2] - China Coal Energy (01898.HK) anticipates a 10.2% decrease in coal sales volume to approximately 256 million tons for 2025, with December sales down by 23% year-on-year to 21.88 million tons [2] - Zhixing Technology (01274.HK) has been selected as a supplier for a Korean automotive group's driver assistance solutions for four vehicle models [2] - Country Garden (00832.HK) projects a total property contract sales amount of 8.467 billion yuan for 2025, a decrease of 16.3% year-on-year [3] - Hopson Development (00754.HK) expects total contract sales of approximately 15.607 billion yuan for 2025, down 6.15% year-on-year [4] - Chuangjie Tong (01588.HK) anticipates a profit attributable to the parent company between 76 million and 85 million yuan for 2025, representing a year-on-year increase of 127% to 154% [4] - SUTENG (02498.HK) forecasts laser radar product sales of approximately 912,000 units for 2025 [5] - Xiaocaiyuan (00999.HK) plans to establish a joint venture to develop an online mall and "community ready-to-eat stores" [6] - GDS Holdings (09698.HK) has recovered approximately 95% of the investment principal from DayOne, with an investment return rate of nearly 6.5 times [7] - China Biologic Products (01177.HK) intends to acquire 100% of Hejiya for a maximum base price of 12 million yuan to accelerate the development of its siRNA liver delivery platform [7] - Innovent Biologics (02696.HK) has had its Biologics License Application for Hanbeitai® (Bevacizumab Injection) accepted by the FDA [7] - Xiaomi Group (01810.HK) repurchased 4 million shares for 152 million HKD at prices between 37.94 and 38.04 HKD [8] - Tencent Holdings (00700.HK) repurchased 1.012 million shares for 636 million HKD at prices between 623 and 638 HKD [9] - Sunny Optical Technology (02382.HK) repurchased 640,000 shares for 41.7878 million HKD at prices between 64.55 and 65.8 HKD [10] Institutional Insights - Dongwu Securities suggests that the window for the Federal Reserve to cut interest rates this year is limited, and the impact of fiscal policies on the economy is still forthcoming. If the Fed does not cut rates in the first quarter, the rebound pace of the Hong Kong stock market will depend more on fundamental factors. The overall allocation strategy for Hong Kong stocks remains a barbell strategy, recommending a controlled allocation while waiting for more news [11] - Wanlian Securities highlights that policy opinions indicate a push to accelerate the industrialization and commercialization of brain-computer interfaces. The global competitive landscape in this sector shows the U.S. leading in invasive methods while China leads in non-invasive methods, focusing on key elements such as electrodes, chips, and algorithms [11][12]

Core Viewpoint - SUTENG JUCHUANG (02498.HK) announced that its robot lidar sales will exceed 303,000 units in 2025, representing a year-on-year increase of over 1,100% and ranking first globally [1] Group 1 - The company has established partnerships with leading industry clients such as Weilan Continent, Kuka Technology, New Stone Age, and Zhiyuan [1]

格隆汇1月13日丨速腾聚创(02498.HK)公告，集团于截至2025年12月31日止年度内在新产品推出及激光 雷达产品销售方面取得重大突破。 全线认可的根基，在于独特的技术路径。 机器人对感知硬件的要求极为苛刻：必须在严苛的成本、功 耗与尺寸限制下，实现车规级的可靠与高性能。速腾聚创的 "自研芯片+全数字化架构" 提供了最优 解。该技术使其能快速适配从割草机到人形机器人的千百种应用，显著降低了客户的集成与开发门槛。 当市场爆发时，拥有最成熟、最适配解决方案的供应商，自然成为首选。 30万颗的领先，其战略价值远大于数字本身。 相较于2024年，其机器人业务出货量增长超11倍。这标 志着速腾聚创在一条增长更快、毛利率更高、且远期潜力可能达车载市场十倍的赛道上，建立了显著的 先发优势与客户壁垒。机器人业务的领先，不仅意味着当下的份额，更意味着掌控了下一个确定性的增 长曲线。 随着高增长、高毛利的机器人业务收入占比快速提升，公司将直接优化整体盈利模型，并赢得关键的战 略窗口期。在资本审视成长性的逻辑里，一条陡峭攀升的"未来曲线" 所创造的价值，完全可能迅速覆 盖并超越一条已进入平缓期的 "现状曲线"。 更大的未来在 ...

截至2025年12月31日止年度，本集团的激光雷达产品、用于ADAS应用的激光雷达产品及用于机器人及 其他的激光雷达产品的销量分别约为91.2万台、60.9万台及30.3万台。 智通财经APP讯，速腾聚创(02498)发布公告，本集团于截至2025年12月31日止年度内在新产品推出及激 光雷达产品销售方面取得重大突破。 于2025年第四季度，本集团的激光雷达产品、用于ADAS应用的激光雷达产品及用于机器人及其他的激 光雷达产品的销量分别约为45.96万台、23.84万台及22.12万台。 ...