Group 1 - The core viewpoint of the article highlights the recent performance and financial metrics of Huapei Power (603121), indicating a decline in both revenue and net profit for the first quarter of 2025 [1] - As of July 29, 2025, Huapei Power's stock closed at 22.33 yuan, down 0.45%, with a trading volume of 81,400 hands and a transaction amount of 181 million yuan [1] - The company's latest quarterly report shows total revenue of 276 million yuan, a year-on-year decrease of 19.16%, and a net profit attributable to shareholders of 14.42 million yuan, down 61.97% year-on-year [1] Group 2 - Huapei Power has a current liquidity ratio of 1.964, a quick ratio of 1.360, and a debt-to-asset ratio of 40.61% [1] - The company has made investments in 18 enterprises and holds 5 trademarks and 131 patents, along with 69 administrative licenses [2] - Huapei Power was established in 2006 and is primarily engaged in the automotive manufacturing industry, with a registered capital of approximately 3.39 billion yuan [1][2]

Summary of Key Points Core Viewpoint - The actual controller of Shanghai Huapei Energy Technology (Group) Co., Ltd., Mr. Wu Huailai, has pledged part of his shares in the company, amounting to 9,000,000 shares, which represents 36.45% of his total holdings and 2.66% of the company's total share capital [1][2][4]. Group 1: Share Pledge Details - Mr. Wu Huailai directly holds 24,692,616 shares, accounting for 7.29% of the company's total share capital [2]. - After the pledge, the total pledged shares by the controlling shareholder, Shanghai Huajian Investment Management Co., Ltd., and its concerted actors, including Mr. Wu Huailai and Mr. Wu Jia, amount to 74,040,000 shares, which is 42.17% of their total holdings and 21.87% of the company's total share capital [2][3]. Group 2: Financial Health and Control - The financial status of Huajian Investment and its concerted actors is good, and the pledged shares do not pose a risk of forced liquidation, ensuring that the actual control of the company will not change [4]. - The company will comply with relevant regulations and fulfill its information disclosure obligations in a timely manner [4].

重要内容提示： 一、本次部分股份质押的具体情况 公司于近日接到公司实际控制人吴怀磊先生的通知，获悉其将所持有本公司 的部分股份办理了质押业务。相关质押登记手续已在中国证券登记结算有限责任 公司上海分公司办理完毕。具体事项如下： 上海华培数能科技（集团）股份有限公司 关于实际控制人部分股份质押的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 证券代码：603121 证券简称：华培动力 公告编号：2025-032 股东名 称 是否为 控股股 本次质押股 数（股） 是否为 限售股 是否 补充 质押起始 日 质押到期 日 质权人 占其所 持股份 占公司 总股本 质押融资 资金用途 1. 本次部分股份质押基本情况： 截至本公告日，上海华培数能科技（集团）股份有限公司（以下简称"公 司"）实际控制人吴怀磊先生直接持有公司股份 24,692,616 股，占公司 总股本的 7.29%。吴怀磊累计质押公司股份（含本次）9,000,000 股，占 其所持公司股份数量的 36.45%，占公司总股本的 2.66%。 本次实际控制人部分股份质押后 ...

Group 1 - Yuanzhi Investment recently conducted research on Huapei Power, which has established a wholly-owned subsidiary, Huapei Jushen, to develop cutting-edge technologies such as six-dimensional force sensors [1] - Huapei Power has completed testing of its first-generation products and is leveraging its automotive-grade chip manufacturing advantages to reduce costs [1] - The company aims for international expansion, planning to establish production capacity in Europe and America, and is focusing on mergers and acquisitions within the automotive and robotics supply chains [1] Group 2 - Yuanzhi Investment Management (Shanghai) Co., Ltd. is a registered entity with the Asset Management Association of China, specializing in equity investment, real estate investment, fund management, and investment consulting [2] - The company manages various investment funds and has invested in multiple projects across high-end manufacturing, TMT, environmental protection and energy, modern agriculture, healthcare, and real estate acquisition, achieving good returns [2]

Core Viewpoint - Company is establishing a wholly-owned subsidiary to enhance its sensor business in the fields of embodied intelligence and industrial applications, aiming to improve overall competitiveness and diversify its operations [1][2]. Group 1: Company Strategy - The newly established subsidiary, Shanghai Huapei Shuneng Embodied Intelligence Technology Co., Ltd., has a registered capital of 10 million yuan and will focus on the research and sales of intelligent robots, industrial robots, and service consumer robots [1]. - The investment aligns with the company's strategic needs in the sensor field, promoting a multi-dimensional and diversified business development while ensuring the normal operation of existing main businesses [1]. Group 2: Technological Focus - The company is entering the robot sensor market, specifically targeting the six-dimensional force torque sensor field, which is crucial for precise control in robotic operations [2]. - The company possesses essential technologies such as MEMS and glass micro-fusion processes, which are vital for the development of six-dimensional force torque sensors, offering advantages in cost, production efficiency, and performance [2]. Group 3: Investment Initiatives - The company has also co-founded the Shanghai Embodied Intelligence Fund, which focuses on investments in the upstream and downstream of the embodied intelligence industry chain, indicating a strong belief in the robotics sector [2].

Investment Overview - The company plans to establish a wholly-owned subsidiary named Shanghai Huapei Embodied Intelligent Technology Co., Ltd. with a registered capital of RMB 10 million, fully funded by the company’s own resources [1][2] - The investment aims to accelerate the company's layout in the sensor business within the embodied intelligence and industrial sectors, enhancing overall competitiveness [1][2] Board Approval - The investment does not require approval from the board of directors or shareholders according to relevant regulations [1][2] Investment Target Details - The subsidiary has completed its business registration and will engage in various activities including manufacturing and sales of industrial robots, artificial intelligence software and hardware development, and technical services [2][3] Impact on the Company - The establishment of the subsidiary aligns with the company's strategic needs in the sensor field, promoting diversified business development and potentially enhancing profitability and market competitiveness [2][3] - The investment will not adversely affect the company's financial status or operational results for the current year [2] Risk Analysis - The products intended for development in the embodied intelligence and industrial sectors are still in the early stages, posing risks related to development success and market introduction [3] - The timeline for product launch and future market strategies remains uncertain, with potential risks from policy, technology, and market conditions [3]

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 投资标的名称：上海华培数能具身智能科技有限公司（以下简称"华培 具身"或"标的公司"）。 投资金额：标的公司注册资本人民币 1,000 万元，由上海华培数能科技 （集团）股份有限公司（以下简称"公司"）以自有资金 100%投入。 证券代码：603121 证券简称：华培动力 公告编号：2025-031 上海华培数能科技（集团）股份有限公司 关于设立全资子公司暨对外投资及其进展的公告 （一）对外投资的基本情况 为了加快传感器业务在具身智能领域、工业领域的布局，促进相关业务发展， 进一步提升公司综合竞争力，公司拟使用自有资金成立全资子公司，开展相关业 务。华培具身注册资本为人民币 1,000 万元，公司将以货币方式认缴出资人民币 1,000 万元，持有其 100%的股权。 （二）董事会审议情况 根据《上海证券交易所股票上市规则》《公司章程》等规定，本次对外投资 事项无需提交董事会、股东大会审议。 （三）其他情况说明 本次对外投资不构成关联交易，亦不构成《上市公司重大资产 ...

Group 1 - The company Huapei Power (603121.SH) announced plans to establish a wholly-owned subsidiary named Huapei Jushen with a registered capital of 10 million yuan [1] - The new subsidiary will focus on developing sensor business in the fields of embodied intelligence and industrial applications [1]

Investment Rating - The report indicates a positive investment outlook for the humanoid robot industry, highlighting significant growth potential driven by policy support and technological advancements [3][10]. Core Insights - The humanoid robot industry is experiencing rapid development, with government policies emphasizing embodied intelligence as a key focus for future industrial growth [10]. - Major companies are investing heavily in humanoid robotics, leading to accelerated technological progress and market expansion [3][8]. - The production of humanoid robots is set to increase significantly, with projections estimating a global market size of 150 billion yuan by 2029 [3][17]. Summary by Sections 1. Emergence of the Humanoid Robot Industry - The humanoid robot sector is entering a phase of industrialization, with advancements in AI enhancing interaction and learning capabilities [6][8]. 2. Harmonic Reducers: Acceleration of Domestic Production - Domestic manufacturers are ramping up production of harmonic reducers, which are critical components for humanoid robots [22][39]. 3. Planetary Roller Screws: Breakthrough in Domestic Production - The planetary roller screw market is expanding, with increasing applications in various industries, including automotive and robotics [56][68]. 4. Frameless Torque Motors: Domestic Performance Surpassing Expectations - Domestic frameless torque motors are showing competitive advantages in performance and cost, contributing to the overall growth of the humanoid robot market [28][29]. 5. Dexterous Hands: Technological Iteration and Upgrades - The development of dexterous hands is crucial for enhancing the functionality of humanoid robots, with ongoing technological improvements [22][28]. 6. Six-Dimensional Torque Sensors: Continuous Cost Reduction - The market for six-dimensional torque sensors is expected to grow as costs decrease, making them more accessible for humanoid robot applications [22][28]. 7. Market Potential and Production Plans - Companies like Tesla and Figure AI are planning significant production increases, with Tesla aiming for 5000 units in 2025 and up to 1 million units by 2029 [17][19].

Core Viewpoint - The announcement details the release of share pledges by the actual controller of Shanghai Huapei Digital Energy Technology (Group) Co., Ltd., indicating a positive liquidity situation for the controller and the company overall [1]. Summary by Sections Share Pledge Release Situation - The actual controller, Mr. Wu Huailai, holds 24,692,616 shares, representing 7.29% of the total share capital. After releasing 9,540,000 shares from pledge, the total pledged shares are now 0, which is 0.00% of his holdings and the company's total share capital [1]. - The release of the pledge occurred on July 16, 2025, and the released shares accounted for 38.64% of his holdings and 2.82% of the company's total share capital [1]. Pledged Shares Situation of Major Shareholders - As of the announcement date, the major shareholder, Huajian Investment Management Co., Ltd., and its concerted parties have a total of 65,040,000 pledged shares, which is 37.05% of their total holdings and 19.21% of the company's total share capital [1]. - The total pledged shares before the release were 74,580,000, which represented 51.86% of the total shares held by Huajian Investment and its concerted parties [2].