Core Viewpoint - The company, UBTECH, has announced the open-sourcing of its self-developed embodied intelligence model, Thinker, aimed at enhancing industrial humanoid robots' capabilities in dynamic environments [1] Group 1 - The Thinker model is characterized by "small parameters, high performance, and full open-source" features, which represent a breakthrough in the field of embodied intelligence [1] - The primary goal of the Thinker model is to provide rapid response and precise spatial perception for industrial humanoid robots [1] - This initiative is designed to address the challenges posed by dynamic industrial scenarios [1]

Group 1 - The performance of the robotics sector is mixed, with companies like Woan Robotics (06600) rising by 18.71%, Gangzi Robotics (00370) by 4.44%, and Ubtech (09880) by 2.34%, while others like Yunji (02670) fell by 3.17% and Micron Robotics (02252) by 1.62% [1][2] - Tencent's Senior Executive Vice President, Tang Daosheng, stated that Chinese robotics companies deserve higher valuations in the capital market, emphasizing that the competitive environment forces companies to accelerate technology iteration and application, which has not been fully priced by the market [1][2] - Guojin Securities highlighted that 2026 is a crucial year for humanoid robots, with Tesla's supply chain expected to launch its first mass-produced product in Q1 2026, and large-scale production lines to be completed in H1 2026, leading to a significant increase in domestic shipments from thousands to tens of thousands [1][2]

（原标题：优必选公布情绪波动检测相关专利） 企查查APP显示，近日，优必选（09880.HK）申请公布"一种情绪波动检测方法、装置、可读存储介质 及电子设备"专利。 专利摘要显示，本申请属于情绪波动检测技术领域，尤其涉及一种情绪波动检测方法、装置、计算机可 读存储介质及电子设备。所述方法包括：获取微压氧舱内的目标对象的多模态信号；对所述多模态信号 分别进行特征提取，得到与所述多模态信号分别对应的特征向量；对与所述多模态信号分别对应的特征 向量进行特征融合，得到多模态融合特征向量；根据所述多模态融合特征向量对所述目标对象进行情绪 波动检测，得到所述目标对象的情绪波动检测结果。通过本申请，可以综合目标对象的多模态信号来进 行情绪波动检测，有效提高了情绪波动检测结果的精准性。 ...

Core Insights - The top three companies by Hong Kong Stock Connect holding ratios are China Telecom (00728) at 70.92%, Green Power Environmental (01330) at 69.34%, and Kaisa Group Holdings (01108) at 67.61% [1][2] - The largest increases in holding amounts over the last five trading days were seen in the following companies: Yingfu Fund (02800) with an increase of 4.041 billion, Hang Seng China Enterprises (02828) with 1.783 billion, and Alibaba - W (09988) with 1.455 billion [1][2] - The largest decreases in holding amounts over the last five trading days were recorded for China Mobile (00941) with a decrease of 2.395 billion, Innovent Biologics (01801) with 589 million, and UBTECH Robotics (09880) with 556 million [1][3] Group 1: Hong Kong Stock Connect Holding Ratios - China Telecom (00728) has a holding of 9.843 billion shares, representing 70.92% [2] - Green Power Environmental (01330) has a holding of 280 million shares, representing 69.34% [2] - Kaisa Group Holdings (01108) has a holding of 169 million shares, representing 67.61% [2] Group 2: Recent Increases in Holdings - Yingfu Fund (02800) saw an increase of 4.041 billion in holding amount, with a change of 14.9907 million shares [2] - Hang Seng China Enterprises (02828) increased by 1.783 billion, with a change of 1.8975 million shares [2] - Alibaba - W (09988) increased by 1.455 billion, with a change of 0.8637 million shares [2] Group 3: Recent Decreases in Holdings - China Mobile (00941) experienced a decrease of 2.395 billion, with a change of -3.01224 million shares [3] - Innovent Biologics (01801) saw a decrease of 589 million, with a change of -0.70319 million shares [3] - UBTECH Robotics (09880) had a decrease of 556 million, with a change of -0.38639 million shares [3]

Group 1: Investment Opportunities - Shanghai Suiruan Technology Co., Ltd. has received acceptance for its IPO application on the Sci-Tech Innovation Board, aiming to raise 6 billion yuan for product development, business expansion, and supply chain security [3] - The company, established in March 2018, is one of the "Four Little Dragons" of domestic GPUs, with a valuation exceeding 20 billion yuan after its last financing round [3] - The funding will support the development of fifth and sixth-generation AI chip series and advanced AI hardware-software collaborative innovation projects to meet the high-quality AI computing power demand in China [3] Group 2: Recent Financing Activities - Inner Mongolia Xibei Catering Group has completed an A-round financing, increasing its registered capital by approximately 13.1% to about 1.0168 billion yuan [4] - Hangzhou Xiwang Chip Technology Co., Ltd. has successfully raised nearly 3 billion yuan in strategic financing within a year, with investments from various industry players and VC/PE institutions [4][5] - The funds will be used for the core technology development and mass production of the next-generation inference GPUs, enhancing the company's competitive edge in the inference computing sector [4] Group 3: Aerospace Industry Developments - China Aerospace Technology Co., Ltd. has changed its IPO guidance status to acceptance, becoming one of the fastest commercial aerospace companies to progress towards an IPO [6] - The company, founded in December 2018, focuses on the development of medium and large rockets and has successfully launched 84 satellites to date [6][9] - The company has completed eight rounds of financing, with an estimated valuation of approximately 11.1 billion yuan [9] Group 4: New Fund Establishments - The Hubei Port Development Private Equity Fund has completed an expansion, raising about 2.8 billion yuan to support transportation and waterway projects in Hubei Province [9] - The fund aims to guide social capital towards high-quality development in the port and shipping industry [9] - The Changzhou City Innovation Investment Fund has been established to focus on the transformation of research results in intelligent manufacturing and new energy sectors [10][13] Group 5: Robotics and AI Investments - UBTECH Robotics has announced a partnership with local funds to invest in the intelligent robotics industry, with a total fund size of 660 million yuan [11][12] - The fund will focus on high-potential enterprises in the intelligent terminal, robotics, and AI sectors [11] - UBTECH, established in March 2012, is a leader in humanoid and intelligent service robots, recently listed on the Hong Kong Stock Exchange [12]

Group 1 - The Shenzhen Stock Exchange has taken self-regulatory measures against 326 cases of abnormal trading behavior, including price manipulation and false declarations [1] - The stocks "*ST Lifan (300344)" and "*ST Changyao (300391)" are under close monitoring due to suspected false financial reporting, as reported by the China Securities Regulatory Commission [1] - The stock "Fenglong Co., Ltd. (002931)" has experienced severe price fluctuations, leading to a suspension for investigation and multiple risk warning announcements [1] Group 2 - Fenglong Co., Ltd. has achieved an 18-day consecutive limit-up, with its stock price increasing over 400% in the last 20 trading days, reaching a total market capitalization of 21.7 billion [2] - The trading volume for Fenglong Co., Ltd. on January 23 reached a record high of 3.846 billion, significantly surpassing its previous maximum of 1.2 billion [2] - The stock's performance has outstripped the previous record of 10 consecutive limit-ups held by "Shangwei New Materials" in 2025, making it a standout in the robotics sector [2] Group 3 - The surge in Fenglong Co., Ltd.'s stock price is linked to its acquisition by "UBTECH Robotics (09880.HK)," which plans to acquire 43% of Fenglong's shares for 1.665 billion through a combination of agreement transfer and tender offer [4] - Following the acquisition, Fenglong Co., Ltd. will become UBTECH's first A-share listed subsidiary, with the actual control shifting to UBTECH's founder, Zhou Jian [4]

记者丨刘雪莹 编辑丨曾静娇 1月23日晚，深交所发布监管动态表示，深交所本周共对 326起证券异常交易 行为 采取了自律 监管措施，涉及盘中拉抬打压、虚假申报等异常交易情形；对因涉嫌财务数据存在虚假记载被 中国证监会立案的 "*ST立方""*ST长药" 进行重点监控；共对6起上市公司重大事项进行核 查，并上报证监会1起涉嫌违法违规案件线索。 深交所提到，近期 "锋龙股份" 股价出现严重异常波动，公司停牌核查并多次发布风险提示公 告，复牌后股价连续涨停，部分投资者在交易该股过程中存在影响股票交易正常秩序的异常交 易行为，本所依规 对相关投资者采取了暂停交易等自律监管措施。 | | | | 时间 | 开盘价 | 最高价 | 最低价 | 收盘价 | 收盘价(前复权) | 收盘价(后复权) | 系统 | 涨跌幅 | 成交量(股) | し 成交換 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 2026-01-23 | 99.53 | 99.53 | 98.90 | 99.53 | 99.53 | 232.58 | 9.05 ...

这场上涨行情中，公司股价多以"一字板"强势封盘，意味着仍有投资者只能望洋兴叹，难有上车机会。 公司股价从行情启动前的17元区间，一路飙升至90元以上，累计涨幅超过400%。伴随股价狂飙的是市 值的急剧膨胀，其总市值从不足40亿元跃升至最新的198亿元，17个交易日内市值增加约158亿元，日均 增长规模在9亿元以上。 自2025年12月启动行情以来，锋龙股份（002931）（002931.SZ）在短短20余天内上演了一场资本狂 欢。截至2026年1月22日，公司股价已连续收获17个涨停板，股价从17元区间一路狂飙至90元以上，市 值逼近200亿元。 这轮行情的导火索，是港股"人形机器人第一股"优必选（09880.HK）拟作价不超过16.65亿元入主的消 息。尽管锋龙股份多次发布风险提示公告，称股价已"严重脱离基本面"，并明确优必选承诺未来36个月 内无重组上市计划，但市场资金似乎并未理会，依旧大量涌入。 显示，这场由产业资本并购引发的主升浪，将锋龙股份的市盈率（TTM）推高至惊人的793倍，远高于 行业平均值。在公司主营业务尚未变更的背景下，支撑这场群体盛宴的，究竟是坚实的产业逻辑，还 是"借壳"预期推动的资本 ...

Major Events - UBTECH (09880) plans to invest 300 million yuan to establish a partnership for investments in the smart robotics industry chain [1] - Tian Ge Interactive (01980) received a 1.41% discount from Sina Hong Kong for a partial tender offer to acquire 32.5 million shares, with trading resuming on January 22 [1] - Fosun Pharma (02196) received approval for the drug registration application of heavy tartrate norepinephrine injection [1] - Valiant (09887) received orphan drug designation (ODD) from the European Commission for Valiant™ for the treatment of extra-pulmonary neuroendocrine carcinoma [1] - GCL-Poly Energy (01050) secured orders for AI giant server enclosures, accelerating ASIC business production, and commenced construction of a new base in Thailand [1] - China Rare Earth Holdings (03788) plans to raise approximately 783 million HKD to support the development of the Mt Bundy gold mine project [1] - Nanshan Aluminum International (02610) plans to place 31 million shares, aiming to raise approximately 1.9868 billion HKD [1] - Qiming Medical-B (02500) reported a patent infringement lawsuit against Edwards by Cardiovalve Ltd. and MTH IP, L.P. regarding US Patent No. 385 [1] - Minmetals Resources (01208) expects total copper production of 506,900 tons in 2025, a year-on-year increase of 27% [1] - Prudential (02378) invested approximately 375 million USD to increase its stake in PAMB to 70% [1] - Nocoda Technology (00519) successfully implemented innovative smart handling robots in Hong Kong public housing estates [1] - Idali Holdings (00720) B-ON Global S.àr.l. plans to acquire 1.3 billion shares of the company, becoming the major shareholder [1] Bonds and Notes - China Shipbuilding Leasing (03877) subsidiary plans to issue 2.338 billion HKD convertible bonds [2] Buybacks/Reductions - China Communications Construction (01800) repurchased 1.06837 million HKD worth of 1.2588 million A-shares on January 22 [2] - Kuaishou-W (01024) spent approximately 29.9714 million HKD to repurchase 380,000 shares on January 22 [2] - Xiaomi Group-W (01810) repurchased shares worth 201 million HKD, acquiring 5.7138 million shares on January 22 [2] - Xiaomi Group-W (01810) plans to repurchase up to 2.5 billion HKD of Class B ordinary shares [2] - Sanhua Intelligent Control (02050) controlling shareholders, directors, and executives plan to collectively reduce their holdings by up to approximately 10.2037 million A-shares [2] Operating Performance - AsiaInfo Technologies (01675) expects to turn cash flow positive by 2025, driven by rapid growth in AI business [2] - Zhaoyi Innovation (03986) issued a profit warning, expecting a net profit of approximately 1.61 billion yuan in 2025, a year-on-year increase of about 46% [2] - MicroPort Medical (00853) issued a profit warning, expecting a net profit of no less than 20 million USD in 2025, turning profitable year-on-year [2]

这轮行情的导火索，是港股"人形机器人第一股"优必选（09880.HK）拟作价不超过16.65亿元入主的消 息。尽管锋龙股份多次发布风险提示公告，称股价已"严重脱离基本面"，并明确优必选承诺未来36个月 内无重组上市计划，但市场资金似乎并未理会，依旧大量涌入。 Wind显示，这场由产业资本并购引发的主升浪，将锋龙股份的市盈率（TTM）推高至惊人的793倍，远 高于行业平均值。在公司主营业务尚未变更的背景下，支撑这场群体盛宴的，究竟是坚实的产业逻辑， 还是"借壳"预期推动的资本泡沫？ 公司市值逼近200亿元，日均"造富"约9亿元 2026年初的A股市场，锋龙股份无疑是最受瞩目的焦点。截至目前，A股尚未有正式上市的人形机器人 整机企业。因此，当优必选决定入主锋龙股份时，就让这家平日在投资者眼中低调的公司，成为竞争A 股"人形机器人第一股"的稀缺资产。 截至2026年1月22日收盘，锋龙股份再度涨停，报90.48元/股，这已是其自2025年12月下旬以来连续斩 获的第17个涨停板。 这场上涨行情中，公司股价多以"一字板"强势封盘，意味着仍有投资者只能望洋兴叹，难有上车机会。 公司股价从行情启动前的17元区间，一路飙升 ...