Core Insights - RoboSense has secured exclusive contracts with a North American electric vehicle manufacturer to supply high-performance digital lidar for its next-generation models, with an order scale exceeding 500,000 units [1] - Additionally, RoboSense has received orders from multiple brands under the Volkswagen Group, also exceeding 500,000 units, bringing the total overseas core orders to over 1 million units [1] Company Developments - The new contracts signify RoboSense's capability to support large-scale production for various vehicle models [1] - The company is expanding its footprint in the international market, particularly in the electric vehicle sector [1] Industry Trends - The demand for high-performance lidar technology is increasing as electric vehicle manufacturers seek advanced safety and navigation systems [1] - RoboSense's success in securing large orders reflects the growing importance of lidar in the automotive industry [1]

Core Insights - RoboSense has secured exclusive contracts with a North American electric vehicle manufacturer to supply high-performance digital lidar for its next-generation models, with an order scale exceeding 500,000 units, expected to commence mass production in 2026 [1] - Additionally, RoboSense has received orders from multiple brands under the Volkswagen Group, with the total order scale also exceeding 500,000 units, bringing the combined total of core orders to over 1 million units, highlighting the strong competitiveness of its digital lidar products [1]

智通财经APP获悉，11月18日，RoboSense速腾聚创(02498)宣布获得某北美新能源车企的独家定点，将 为其新一代车型提供高性能数字化激光雷达，订单规模超50万台，预计将于2026年开启量产交付。同 日，据智通财经报道，RoboSense速腾聚创获大众汽车集团旗下多个品牌车型定点，订单规模超50万 台。仅两笔核心订单规模便合计超100万台，彰显其数字化激光雷达产品的强劲竞争力。 ...

DIGITAL LIDAR 11月18日，RoboSense速腾聚创(02498)宣布获得某北美新能源车企的独家定点，将为其新一代车型提供高性能数字化激光雷达，订单规模超50万台。此次 合作是双方关系的进一步深化。此前，RoboSense速腾聚创激光雷达已支持其多款车型实现大规模量产落地。 ...

Core Insights - RoboSense has secured exclusive contracts with a North American electric vehicle company and Europe's largest automotive company for over 500,000 units of high-performance digital lidar for new vehicle models, indicating a deepening partnership [2][2][2] Group 1: Business Developments - The partnership with the North American electric vehicle company marks a significant milestone, as RoboSense's lidar technology has already supported multiple models for mass production [2] - The collaboration with Europe's largest automotive company involves several joint ventures in China, with production set to begin in 2026 [2] Group 2: Financial Performance - In Q2 2025, RoboSense reported revenue of approximately 460 million yuan, reflecting a year-on-year growth of 24.4% and a quarter-on-quarter increase of 38.9% [2] - The robotics segment experienced explosive growth, with product revenue reaching about 150 million yuan, a quarter-on-quarter increase of 100.7%, and sales volume soaring to approximately 34,400 units, marking a year-on-year increase of 631.9% [2] Group 3: Product Innovation - RoboSense has developed a digital product matrix centered around the E platform and EM platform through self-researched chip technology, showcasing strong and leading digital product capabilities [2] - The company's gross profit margin improved from 12.3% in Q1 2024 to 27.7% in Q2 2025, demonstrating continuous improvement in profitability and operational efficiency over six consecutive quarters [2]

Core Viewpoint - Yushu Technology has completed its IPO guidance work and plans to apply for an IPO in China, marking a significant step towards becoming the first humanoid robot company listed in A-shares, which is expected to drive new development opportunities in the entire robotics industry chain [1] Group 1: IPO and Market Potential - The completion of Yushu Technology's IPO guidance reflects the accelerated capitalization of the robotics industry, showcasing a precise match between capital efficiency and technology cycles [1] - Yushu Technology's post-C round financing valuation reached 12 billion yuan, with major investments from China Mobile, Tencent, Alibaba, and others [1] - The market size for embodied intelligence in China is projected to reach 5.295 billion yuan by 2025, accounting for approximately 27% of the global market, while the humanoid robot market is expected to reach 8.239 billion yuan, representing about 50% of the global market [1] Group 2: Industry Collaboration and Supply Chain - The IPO of Yushu Technology is anticipated to lead to increased orders for related supply chain companies, fostering a positive ecosystem through upstream and downstream collaboration [2] - The humanoid robot industry encompasses various segments, with core components and sensors, AI algorithms, and application scenarios being critical areas of focus [3] - Yushu Technology's capitalized progress is expected to positively impact its supply chain partners through collaboration in supply chain cooperation, technology research, and market expansion [3] Group 3: Strategic Partnerships - Yushu Technology has established stable partnerships with several listed companies, including Giant Star Legend and Zhongdali De, enhancing its commercial application capabilities [3] - A joint venture, Yuxing Entertainment Technology Co., Ltd., has been formed between Yushu Technology and Giant Star Legend to develop globally influential interactive smart robot products [4] - The first product from this collaboration, "Giant Star Dog," has secured over 120 million yuan in orders, demonstrating the commercial potential of the "IP + robot + AI" integration model [5] Group 4: Supply Chain Contributions - Key suppliers for Yushu Technology include Zhongdali De, which provides core components, and Lingyun Light, which collaborates on developing embodied intelligence solutions [5][6] - Other suppliers include Aobo Zhongguang for 3D visual sensors, Zhaoyi Innovation for NOR Flash chips, and Weilan Lithium for lithium batteries [7] - Companies like iFlytek and Baotong Technology are also collaborating with Yushu Technology to enhance AI voice interaction and develop industrial robots for various applications [9]

Core Insights - RoboSense has secured contracts with multiple brands under the Volkswagen Group, with an order scale exceeding 500,000 units [1] - The company has also received orders from some American and Japanese automakers, with total expected orders surpassing 2 million units [1] - RoboSense will provide the next-generation 192-line and 520-line digital lidar, with the partnered models expected to debut as early as early next year [1] - Industry supply chain sources indicate that foreign automakers with joint ventures in China are enhancing hardware performance to accelerate the development of L3 autonomous vehicle models [1]

格隆汇11月13日丨速腾聚创(02498.HK)公告，董事会会议将于2025年11月25日(星期二)举行，藉以(其中 包括)省览及批准集团截至2025年9月30日止9个月的第三季度业绩及其发布。 ...

（於開曼群島註冊成立的有限公司） 速騰聚創科技有限公司 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，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承 擔任何責任。 ROBOSENSE TECHNOLOGY CO., LTD 此外，若要收聽電話會議的網絡直播，請訪問本公司網站https://ir.robosense.ai/。 承董事會命 （股份代號：2498） 董事會會議日期 速騰聚創科技有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事（「董事」）會（「董事會」） 謹此宣佈，董事會會議將於2025年11月25日（星期二）舉行，藉以（其中包括）省覽及批准本集團 截至2025年9月30日止九個月的第三季度業績及其發佈。 本公司的管理層將於2025年11月25日（星期二）下午8:00時正（香港時間）（上午7:00時正（美國東 部時間）舉行業績電話會議。擬接入電話會議的與會者須通過以下鏈接進行註冊方能參與是次 會議： 註冊鏈接：https://s.comein.cn/29iy4cxn 於登記後，與會者將就是次會 ...

Core Insights - The core viewpoint of the articles highlights the innovative advancements of the Lingxi X2 humanoid robot developed by Zhiyuan Robotics, particularly its enhanced environmental perception capabilities through the integration of advanced digital solid-state LiDAR technology [1][2]. Group 1: Product Innovation - The Lingxi X2 is equipped with the E1R digital solid-state LiDAR from Suoteng Juchuang, which utilizes proprietary SPAD-SoC and VCSEL chips to improve reliability and provide essential support for 3D SLAM positioning and autonomous obstacle avoidance [1][2]. - The robot features a friendly ENFP "personality" and is designed with 25 to 31 high-degree-of-freedom joints, enabling it to perform complex movements such as cycling and skateboarding, showcasing human-like agility [1]. Group 2: Market Growth - The humanoid robot market is projected to experience rapid growth, with an expected market size of $51 billion by 2035 and a compound annual growth rate (CAGR) of 55% [1]. - The application of digital solid-state LiDAR is a significant driver of this growth, as it allows for high-performance capabilities in a compact form factor, facilitating the deployment of advanced robotics in various commercial scenarios [2]. Group 3: Commercial Applications - The Lingxi X2 has already been deployed in practical settings, serving as a guide in China Mobile's exhibition hall and participating in theme park tours, demonstrating its commercial viability [2]. - The transition of the humanoid robot industry from technology validation to large-scale application is underscored by the Lingxi X2's use of digital solid-state LiDAR, which may set a new standard for perception capabilities in the industry [2].