Core Insights - Chinese robotic vacuum cleaners are becoming a popular choice among global consumers, both at technology exhibitions and in retail markets across Europe and Southeast Asia [1] Market Presence - In Germany, Chinese brands like Roborock and Dreame occupy prominent positions in the robotic vacuum cleaner section, with prices ranging from €200 to €2000, and many consumers prioritize these products when shopping for smart home devices [3] - Germany is one of the most important overseas markets for Chinese robotic vacuum cleaners, with GfK data indicating that over 60% of robotic vacuums sold in Western Europe are from China [5] Market Growth - In Southeast Asia, the market share of Chinese robotic vacuum cleaners has significantly increased from 38.8% in 2024 to 64.1% in 2025, marking it as a rapidly growing emerging market [5] - In Ho Chi Minh City, Vietnam, numerous small appliance stores showcase cutting-edge Chinese brand robotic vacuums, with the Ecovacs brand having dozens of dedicated stores and hundreds of sales points [5] Global Shipment Data - According to IDC, the total global shipment of smart robotic vacuums reached 17.424 million units in the first three quarters of 2025, representing a year-on-year growth of 18.7% [7] - Chinese brands such as Roborock, Ecovacs, Dreame, Xiaomi, and Yunji dominate the global market, collectively accounting for nearly 70% of the total shipment volume [7] Competitive Advantage - The strong performance of Chinese brands is attributed to their robust supply chain advantages and superior innovation capabilities in robotic vacuum technology, allowing them to lead overseas markets by one to two generations in terms of technological advancements [7]

Core Viewpoint - The 2026 Consumer Electronics Show in Las Vegas showcased the latest technologies in smart home cleaning devices, particularly highlighting the advancements in AI-integrated robotic vacuum cleaners from Chinese companies [1] Industry Summary - The event featured multiple new robotic vacuum models that incorporate artificial intelligence, demonstrating significant capabilities in perception, decision-making, and execution [1] - Chinese products dominated the exhibition, indicating a strong presence in the global smart home market [1] Market Performance - By the third quarter of 2025, the global shipment of smart robotic vacuums reached 17.424 million units, marking an 18.7% year-on-year increase [1] - Leading Chinese brands such as Roborock, Ecovacs, Dreame, Xiaomi, and Yunji captured nearly 70% of the global market share, ranking as the top five in worldwide shipments [1]

Group 1: Core Themes of CES 2026 - The main theme of CES 2026 is "human-centered" AI applications, marking a shift from traditional consumer electronics to AI-centric technological transformations [1] - Chinese companies are increasingly taking center stage at CES, with 942 exhibitors, accounting for approximately 22% of the total, maintaining their position as the second-largest exhibiting nation [1] - In specific sectors, Chinese firms dominate, with 55% of humanoid robot exhibitors and nearly 70% of AI glasses brands coming from China [1] Group 2: Robotics and AI Innovations - Chinese manufacturers are expected to continue leading in cost reduction and efficiency improvements in humanoid robots, showcasing their capabilities in unstructured environments [2] - Notable products include the Unitree H1 humanoid robot with advanced sensing capabilities and the latest generation of the "绝影" series robotic dogs, which excel in indoor navigation [4][11] - The "Care-bot" humanoid robot by Fourier demonstrates embodied intelligence in real-life interaction scenarios [7] Group 3: Consumer Electronics and Smart Devices - Over 80% of global smart glasses supply chain manufacturers are from China, with 16 Chinese companies showcasing their products at CES [15] - Innovations in smart home devices include the AI-driven "安安" companion robot designed for elderly and cognitively impaired individuals [16] - Companies like Alibaba and XREAL are launching advanced AI glasses, with features such as ultra-lightweight designs and integration with various AI services [19][20] Group 4: Automotive and AI Integration - The automotive industry is transitioning from "software-defined" to "AI-defined" vehicles, with companies like Geely and Great Wall showcasing new technologies [28] - Geely's G-ASD smart driving solution and Great Wall's focus on new energy technologies highlight the industry's shift towards AI integration [30][32] - New products like the AI-driven logistics solutions from New Stone and advanced lidar technology from Hesai demonstrate the growing importance of AI in transportation [34][35] Group 5: Home Appliances and AI - Hisense introduced new RGB-Mini LED display technology and AI-controlled smart refrigerators, showcasing the integration of AI in home appliances [41] - TCL's innovations in display technology, including the world's first printed OLED car screen, reflect advancements in consumer electronics [43][44] - Companies are increasingly focusing on AI capabilities in home security and smart home management systems [51][49] Group 6: Overall Impact of AI - CES 2026 emphasizes the profound impact of AI on the consumer electronics industry, with expectations for AI user numbers to grow significantly [59] - The event serves as a platform for global tech companies to set the foundation for future technological development and transformation [59] - The integration of AI into various sectors, including robotics, automotive, and consumer electronics, indicates a trend towards deeper AI adoption in everyday life [59]

专题：2026年度国际消费电子展(CES) 在2026年CES展上，科沃斯发布首款智能陪伴宠物机器人LilMilo毛团儿，将多模态感知与拟宠物化行为 技术相结合，以情感理解与互动体验为核心，为用户带来温暖而有生命感的陪伴体验，标志着品牌 从"功能满足"向"情感共鸣"的进阶。 如今，科沃斯已形成"DEEBOT地宝（地面清洁）、WINBOT窗宝（擦窗清洁）、GOAT割草机器人、 ULTRAMARINE泳池清洁机器人"等全品类布局，通过ECOVACS HOME App及多平台互联，构建起便 捷智能的交互生态，让机器人深度融入家庭生活的各个场景。 全球布局：彰显中国品牌硬实力 2026年1月7日，"Global Top Brands全球领先品牌"（以下简称"GTB"）评选迎来二十周年盛典，2025- 2026年度榜单正式揭晓。科沃斯机器人凭借硬核技术实力与全球化布局，一举斩获"2025-2026全球智能 家居品牌TOP10"及"全球创新家用服务机器人品牌奖"两项重磅荣誉，成为中国消费电子品牌走向世界 的亮眼名片。从单一扫地机器人到全场景机器人生态，从代工贴牌到自主品牌领航，科沃斯用二十余年 坚守与创新，重新定义了服务 ...

Group 1 - The CES 2026 exhibition showcased significant advancements in Chinese robot brands, particularly in the lawn mower robot segment, which is crucial for entering the North American market due to its large lawn areas and complex terrains [1][3] - Key brands like Roborock, Ecovacs, and others have integrated technologies such as LiDAR for navigation, all-terrain drive systems, and robotic arms for various tasks, covering a wide range of lawn sizes from small to large [1][3] - The exhibition highlighted the evolution of floor cleaning robots, with innovations addressing stair climbing and enhanced cleaning capabilities, showcasing products like Roborock's G-Rover and the upgraded Cyber X from Dreame [1][2] Group 2 - Companies with a background in home appliances are better positioned to enter the home service robot market compared to pure robotics firms, making floor cleaning robots a practical application of embodied intelligence in domestic settings [2] - The CES event also featured advancements in pool cleaning robots and emotional companion robots, indicating a broader trend of Chinese brands moving towards comprehensive service robots [4] - The application of embodied intelligence is becoming pervasive across various service robots, suggesting a potential revaluation of industry leaders due to these technological advancements [4]

二、减持计划执行情况 减持数量：30万股（已完成） 减持方式：集中竞价交易 减持期间：2025年11月12日至2026年1月7日 减持价格区间：80.00-84.11元/股 减持金额：2,438.13万元 减持比例：0.05183% 三、减持后持股情况 当前持股：99.2万股，占总股本0.17135% 减持原因：个人资金需求 本次减持符合相关法规要求，与披露计划一致，不存在违规情况。 减持人：董事冷泠先生 减持前持股：129.2万股，占总股本0.22322% 股份来源：股权激励127.08万股，集中竞价交易2.12万股 科沃斯董事减持股份结果公告要点一、减持主体基本情况 风险提示及免责条款 市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况 或需要。用户应考虑本文中的任何意见、观点或结论是否符合其特定状况。据此投资，责任自负。 ...

素有科技界"春晚"之称的CES(国际消费电子展)于1月6日在美国拉斯维加斯正式启幕。这场为期四天的科技盛宴以"定义AI的物理边界"为核心主题，汇聚全 球顶尖企业与创新力量，共探人工智能与实体世界的深度融合。从具身智能机器人、空间计算设备，到智能座舱、飞行汽车，CES 2026既是技术展示的舞 台，更是全球科技产业的风向标。 据中国贸促会官方数据，7家组展单位组织207家中国企业赴美参展，覆盖人工智能、智能穿戴、智能家居等多个前沿领域。其中既有超120家中小科技企 业，也汇聚了众多代表中国科技实力的标杆企业。 这些标杆企业所展示的前沿技术，既是国内技术高地的集中体现，更勾勒出全球产业演进的关键方向。对投资者而言，标杆企业的技术路径、场景落地能力 与全球化进展，既是研判中国科技产业趋势的核心样本，也是挖掘高成长赛道、识别技术壁垒型标的的重要窗口。 中国机器人军团强势集结，产业链"成建制"亮相 处于产业变革临界点的AI与机器人技术，无疑成为本届CES展会的焦点之一，全球头部厂商集中展示了各类机器人及核心零部件的最新成果。 在展会开幕首日，英伟达CEO黄仁勋在主题演讲中表示，机器人领域已正式迎来属于自己的"ChatG ...

证券代码：603486 证券简称：科沃斯 公告编号：2026-004 转债代码：113633 转债简称：科沃转债 科沃斯机器人股份有限公司董事减持股份结果公告 本公司董事会、全体董事及相关股东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： ● 董事持股的基本情况 本次减持计划实施前，科沃斯机器人股份有限公司（以下简称"公司"）董事冷泠先生持有公司股份 1,292,000股，占公司当时总股本的0.22322%。 ● 减持计划的实施结果情况 公司于2025年10月9日在上海证券交易所网站（www.sse.com.cn）及指定媒体披露了《董事减持股份计 划公告》（公告编号：2025-072）。冷泠先生因自身资金需求，计划于2025年10月30日至2026年1月29 日期间，通过大宗交易方式或集中竞价交易方式减持股份数量不超过300,000股，占公司当时总股本比 例不超过0.05183%。 一、减持主体减持前基本情况 (二)本次减持是否遵守相关法律法规、本所业务规则的规定 √是 □否 (三)本次实际减持情况与此前披露的减持计划、承诺是否一致 ...

| 证券代码：603486 | 证券简称：科沃斯 | 公告编号：2026-004 | | --- | --- | --- | | 转债代码：113633 | 转债简称：科沃转债 | | 科沃斯机器人股份有限公司 董事减持股份结果公告 本公司董事会、全体董事及相关股东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： 董事持股的基本情况 本次减持计划实施前，科沃斯机器人股份有限公司（以下简称"公司"）董 事冷泠先生持有公司股份 1,292,000 股，占公司当时总股本的 0.22322%。 二、减持计划的实施结果 (一)董事因以下事项披露减持计划实施结果： 减持计划实施完毕 | 股东名称 | 冷泠 | | --- | --- | | 减持计划首次披露日期 | 2025 年 10 月 9 日 | | 减持数量 | 300,000股 | | 减持期间 | 2025 年 11 月 12 日～2026 年 1 月 7 日 | | 减持方式及对应减持数量 | 集中竞价减持，300,000 股 | | 减持价格区间 | 80.00～84.11元/股 ...

Group 1 - The small home appliance sector increased by 0.55% on January 8, with ST Dehao leading the gains [1] - The Shanghai Composite Index closed at 4082.98, down 0.07%, while the Shenzhen Component Index closed at 13959.48, down 0.51% [1] - ST Dehao's closing price was 2.63, reflecting a rise of 5.20% [1] Group 2 - The small home appliance sector experienced a net outflow of 12.32 million yuan from main funds, while retail investors saw a net inflow of 21.18 million yuan [2] - The trading volume for ST Dehao was 270,400 shares, with a transaction amount of 17.01 million yuan [1] - The stock performance of other companies in the small home appliance sector included Rainbow Group at 23.11 with a 2.62% increase and Beikong at 56.69 with a 1.80% increase [1] Group 3 - Major net inflows were observed in companies like Fuhua Co. with 11.69 million yuan and Rainbow Group with 10.89 million yuan [3] - Conversely, significant net outflows were noted for companies like Lek Electric with -3.74% and Biyi Co. with -3.47% [2] - The overall market sentiment showed a mixed response, with retail investors actively participating despite the main funds' outflows [2][3]