当地时间1月6日，2026年国际消费电子展（CES 2026）在美国拉斯维加斯拉开大幕，波士顿动力和宇 树科技等知名企业将集中呈现最新成果，多家科技巨头也会推出人形机器人新一代产品。 据报道，高通推出了下一代机器人综合架构，集成了硬件、软件和复合人工智能。该公司还发布了其最 新的高性能机器人处理器，面向工业AMR和先进的全尺寸人形机器人——高通龙翼 IQ10系列。 现代汽车集团宣布，旗下波士顿动力在CES 2026上展示新型Atlas人形机器人的量产版本。该声明称， 现代汽车集团计划将Atlas整合到包括美国大型生产基地HMGMA在内的全球网络中，使其能够在现场 执行实际任务。从2028年开始，Atlas将首先应用于已证实具有安全性和质量优势的流程，如零件排 序。 海外巨头商业化提速的同时，国内产业链的布局也在全面加速铺开。 近期，多家上市公司密集发布公告，通过股权并购、定增募资、战略协同、订单落地等方式切入人形机 器人赛道，覆盖核心零部件、整机制造、场景应用全产业链，行业投资热度与产业化进程同步提速。 市场广阔或许是吸引车企入局的原因之一。 据摩根士丹利在2025年12月发布的报告，预计到2050年，人形机 ...

Group 1 - Humanoid robots are emerging as a highly promising frontier in technology, attracting attention from global tech giants and investors [1] - The 2026 CES will showcase a significant number of humanoid robots, with companies like Boston Dynamics and others presenting their latest advancements [2] - The CEO of Creative Strategies highlighted that the CES will feature a surge in humanoid robots, particularly from China, indicating a robust ecosystem [2] Group 2 - Hyundai Motor Group announced that Boston Dynamics will showcase a mass-produced version of the Atlas humanoid robot at CES 2026, aiming to integrate it into their global network for practical tasks [3] - The humanoid robot industry is entering a mass production phase, with several companies expected to achieve production milestones by 2025 and 2026 [4] - Tesla is projected to produce between 50,000 to 100,000 humanoid robots by 2026, marking the industry’s transition into a phase of mass production and commercial exploration [4] Group 3 - A significant number of A-share market stocks are positioned within the humanoid robot industry, with 31 stocks expected to see net profit growth exceeding 20% in 2026 and 2027 [5] - Stocks such as Zhimi Intelligent and Softcom Power are identified as having substantial upside potential, with predicted price increases exceeding 30% [5] - Zhimi Intelligent leads with a projected upside of 46.17%, focusing on embodied intelligence and various robotic applications [5][6] Group 4 - The rolling P/E ratio for Huqin Technology is noted to be the lowest at 24.3 times, with expectations of continued revenue growth in AI and server sectors [6] - The report indicates that the humanoid robot market is expected to reach a size of $5 trillion by 2050, with a deployment of 1 billion units, suggesting a significant market opportunity [4]

Core Viewpoint - HuaQin Technology's stock has experienced fluctuations, with a year-to-date increase of 29.46% but a recent decline in the last five trading days by 3.98% [1] Group 1: Stock Performance - As of December 31, HuaQin Technology's stock price was 90.69 CNY per share, with a market capitalization of 921.17 billion CNY [1] - The stock has seen a trading volume of 4.32 billion CNY and a turnover rate of 0.83% [1] - The company has appeared on the "龙虎榜" once this year, with a net buy of -1.22 billion CNY on April 16 [1] Group 2: Financial Performance - For the period from January to September 2025, HuaQin Technology achieved a revenue of 1288.82 billion CNY, representing a year-on-year growth of 69.56% [2] - The net profit attributable to shareholders for the same period was 30.99 billion CNY, reflecting a year-on-year increase of 51.17% [2] Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for HuaQin Technology was 46,700, an increase of 8.31% from the previous period [2] - The average number of circulating shares per shareholder decreased by 7.71% to 12,235 shares [2] - The company has distributed a total of 17.81 billion CNY in dividends since its A-share listing [3] Group 4: Institutional Holdings - As of September 30, 2025, Hong Kong Central Clearing Limited was the sixth-largest circulating shareholder, holding 34.05 million shares, an increase of 21.62 million shares from the previous period [3]

假设最高发售价为每股H股104.80港元及超额配售权未获行使，估计公司将从全球发售收到所得款项净 额约46.932亿港元。其中，所得款项净额的约70%将在未来五至十年用于投资关键技术的研发，保证公 司在先进传感技术、先进显示技术及模拟解决方案的持续领先地位。公司计划通过投资基础研究来进一 步加强公司的研发，以加强公司的知识产权及技术优势，同时扩展公司的产品组合，以提高市场渗透； 约10%将在未来五至十年用于强化全球市场渗透及业务扩张。公司计划深化目标市场布局、扩大客户群 并提升公司在所有参与领域的市场份额。公司计划在全球招聘和挽留销售人员、营销人员和FAE；约 10%将用于战略投资及╱或收购，重点聚焦能与公司现有产品组合产生协同效应及支持向新兴领域横向 拓展的投资和收购机遇；约10%将用于营运资金及一般公司用途。 公司已订立基石投资协议，据此，基石投资者已同意在若干条件的规限下按发售价认购或促使其指定实 体认购总金额约2.794亿美元(或约21.736亿港元)可购买的发售股份数目。按发售价每股发售股份104.80 港元计算，基石投资者将予认购的发售股份总数将为2074.02万股。基石投资者包括Wildlife ...

Group 1 - The core viewpoint of the articles highlights the significant interest from brokerages in A-share listed companies, with over 2800 companies receiving brokerage research in 2025, indicating that more than half of the market's listed companies have been under brokerage attention [1][2] - The mechanical equipment, electronics, and pharmaceutical biotechnology sectors are identified as the most favored by brokerages, with over 290 companies in each sector receiving research attention [1][2] - The mechanical equipment sector is particularly noted for investment opportunities in the humanoid robot industry chain, while the electronics sector is advised to focus on new technologies and demands driven by the AI innovation cycle [3][4] Group 2 - Crystal Optoelectronics, a company in the electronics sector, has been the most favored by brokerages, receiving 175 research visits, and is part of a sector that has seen a significant price increase of nearly 42% in 2025 [1][2] - The electronics sector has over 320 companies receiving brokerage research, with notable companies like Huaqin Technology and Luxshare Precision receiving more than 140 research visits each [2] - The pharmaceutical biotechnology sector has 296 companies under brokerage research, with a cumulative increase of only 12.44% in 2025, indicating a relative underperformance compared to other sectors [3][4] Group 3 - Investment opportunities in the humanoid robot sector are expected to grow, with a focus on companies entering the Tesla supply chain and those involved in core supply chain and standardization [3] - The electronics sector is anticipated to benefit from the AI-driven demand for high-performance storage and semiconductor testing equipment, suggesting a favorable outlook for related companies [4] - The pharmaceutical sector is expected to continue focusing on innovative drug companies, supported by favorable policies and increasing international market presence, which will attract more investor attention [4]

Core Viewpoint - Huqin Technology's stock has shown significant growth this year, with a year-to-date increase of 33.93%, despite recent fluctuations in trading volume and market activity [1][2]. Group 1: Stock Performance - As of December 29, Huqin Technology's stock price reached 93.82 yuan per share, with a trading volume of 3.75 billion yuan and a market capitalization of 95.296 billion yuan [1]. - The stock has experienced a 1.91% increase over the last five trading days and a 3.67% increase over the last 20 days, while it has decreased by 10.26% over the last 60 days [1]. - The company has appeared on the "龙虎榜" (a trading board for stocks with significant trading activity) once this year, with the last appearance on April 16, where it recorded a net buy of -1.22 billion yuan [1]. Group 2: Financial Performance - For the period from January to September 2025, Huqin Technology reported a revenue of 128.882 billion yuan, reflecting a year-on-year growth of 69.56%, and a net profit attributable to shareholders of 3.099 billion yuan, which is a 51.17% increase compared to the previous year [2]. - The company's main business revenue composition includes high-performance computing (60.32%), smart terminals (31.93%), AIOT and others (3.95%), and automotive and industrial products (1.24%) [1]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Huqin Technology increased to 46,700, marking an 8.31% rise from the previous period, while the average circulating shares per person decreased by 7.71% to 12,235 shares [2]. - The company has distributed a total of 1.781 billion yuan in dividends since its A-share listing [3]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 34.0507 million shares, an increase of 21.6216 million shares from the previous period [3].

（原标题：华勤技术成立智能科技公司，含智能机器人的研发业务） 企查查APP显示，近日，上海翌人智能科技有限公司成立，法定代表人为廖浩然，经营范围包含：智能机器人的研发；智能机器人销售；人工智 能硬件销售；服务消费机器人销售；人工智能基础软件开发等。企查查股权穿透显示，该公司由华勤技术（603296）间接全资持股。 ...

Group 1 - The overall high-end AI chip market in China is expected to grow by over 60% by 2026, with local AI chip manufacturers aiming for a market share of around 50% [1] - Nvidia's H200 chip, which has significantly improved performance compared to the H20, is anticipated to attract terminal customers, potentially maintaining a market share of about 30% if successfully sold in China [1] - Nvidia plans to deliver between 5,000 to 10,000 H200 chip modules to Chinese customers by mid-February next year, translating to approximately 40,000 to 80,000 H200 chips [1] Group 2 - Guosen Securities believes that the development of domestic AI chips and the easing of overseas restrictions will benefit the construction of domestic computing infrastructure, with related companies expected to gain significantly [2] - Companies to watch include Industrial Fulian (601138.SH), Huqin Technology (603296.SH), Hushan Electronics (002463.SZ), Loongson Technology (688047.SH), Lenovo Group (00992), Luxshare Precision (002475.SZ), and Amlogic (688099.SH) [2]

Group 1 - The overall high-end AI chip market in China is expected to grow by over 60% by 2026, with local AI chip manufacturers aiming for a market share of around 50% [1] - Nvidia's H200 chip, which significantly outperforms the H20, is expected to attract terminal customers, potentially maintaining a market share of about 30% if successfully sold in China [1] Group 2 - Nvidia plans to deliver its second-ranking AI chip, the H200, to Chinese customers by mid-February next year, with an estimated shipment of 5,000 to 10,000 chip modules, equivalent to approximately 40,000 to 80,000 H200 chips [2] - The U.S. government has initiated a review process for export licenses related to the H200 chip to China, fulfilling its commitment to allow sales of this type of chip [2] - Guosen Securities believes that the development of domestic AI chips and the easing of overseas restrictions will benefit the domestic computing infrastructure, with companies such as Industrial Fulian, Huqin Technology, and Lenovo Group expected to gain from this trend [2]

证券日报网讯 12月24日，华勤技术（603296）在互动平台回答投资者提问时表示，华勤技术始终将财 务稳健与风险管理置于公司发展的核心位置，持续优化风险管理流程，建立了系统的风险管控体系。 ...