Core Insights - In 2025, private equity firms are increasingly enthusiastic about participating in A-share private placements, with a total investment of 5.98 billion yuan, marking a 23.48% increase from 4.84 billion yuan in 2024 [1] - The overall floating profit from these placements has reached 2.72 billion yuan, with a floating profit ratio of 45.55% [1] Group 1: Private Placement Market Overview - A total of 52 private equity firms have actively engaged in the private placement market, covering 58 A-share targets [1] - The price advantage of private placements provides a natural safety cushion for private equity firms, enhancing the attractiveness of this investment strategy [1] - Continuous optimization of refinancing policies and improved project quality have bolstered confidence in holding shares during the lock-up period [1] Group 2: Individual Stock Performance - There is a high concentration of private placements, with 34 stocks receiving over 50 million yuan in allocations, led by Lexin Technology with 788 million yuan [2] - Notably, the electronics sector has shown remarkable profitability, with some stocks like Demingli achieving a floating profit ratio of 274.19% [2] - Among the 58 stocks, 54 are currently in a floating profit state, with over 90% showing profitability, and 9 stocks exceeding a floating profit ratio of 100% [2] Group 3: Industry Distribution - Private placement funds have covered 17 sectors, with the electronics industry being the primary focus, attracting 2.03 billion yuan, accounting for 33.98% of total allocations [3] - The power equipment and light manufacturing sectors follow closely, each receiving 670 million yuan [3] - The electronics sector benefits from ongoing domestic substitution and has competitive advantages in the global market, with significant growth potential expected in 2025 [3]

资料显示，苏州绿的谐波传动科技股份有限公司位于江苏省苏州市吴中区木渎镇尧峰西路68号，成立日 期2011年1月13日，上市日期2020年8月28日，公司主营业务涉及精密传动装置研发、设计、生产和销售 的高新技术企业。主营业务收入构成为：谐波减速器及金属部件78.33%，机电一体化产品16.56%，智 能自动化装备3.24%，其他1.87%。 绿的谐波所属申万行业为：机械设备-自动化设备-机器人。所属概念板块包括：机械、工业母机、专精 特新、人形机器人、减速器等。 截至9月30日，绿的谐波股东户数3.18万，较上期增加52.87%；人均流通股5767股，较上期减少 28.94%。2025年1月-9月，绿的谐波实现营业收入4.07亿元，同比增长47.36%；归母净利润9366.73万 元，同比增长59.21%。 分红方面，绿的谐波A股上市后累计派现1.94亿元。近三年，累计派现8579.41万元。 责任编辑：小浪快报 12月23日，绿的谐波盘中下跌2.00%，截至14:24，报156.16元/股，成交4.50亿元，换手率1.56%，总市 值286.29亿元。 资金流向方面，主力资金净流出4385.20万元，特大单 ...

进一步统计，近3个月内该股累计发生4笔大宗交易，合计成交金额为6246.12万元。 fund 证券时报•数据宝统计显示，绿的谐波今日收盘价为159.35元，上涨3.38%，日换手率为2.88%，成交额 为8.36亿元，全天主力资金净流入5522.73万元，近5日该股累计上涨3.70%，近5日资金合计净流入 8510.46万元。 （原标题：绿的谐波12月22日大宗交易成交1045.48万元） | 成交 | 成交金 | | 相对当 | | | | --- | --- | --- | --- | --- | --- | | | | 成交价 | 日 | | | | 量 | 额 | 格 | 收盘折 | 买方营业部 | 卖方营业部 | | （万 | （万 | | | | | | 股） | 元） | （元） | 溢价 | | | | | | | （%） | | | | 7.71 | 1045.48 | 135.60 | -14.90 | 光大证券股份有限公司上海徐汇区东 | 首创证券股份有限公司合肥潜山 | | | | | | 安路证券营业部 | 路证券营业部 | 绿的谐波12月22日大宗交易平台出现一笔成交，成交量7.7 ...

| 交易日期 | 证券简称 | 证券代码 | 成交价(元) 成交金额(万元) 成交量( *) 买入营业部 | | | | 奥出营业部 | 是否为专场 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 025-12-22 | 绿的谐波 | 688017 | 135.6 7.71 | 1045.48 | 發重新聞題 | ​​​ | | Ki | 12月22日，绿的谐波大宗交易成交7.71万股，成交额1045.48万元，占当日总成交额的1.24%，成交价 135.6元，较市场收盘价159.35元折价14.9%。 ...

Group 1 - The market showed a significant recovery on December 22, with the Robotics Index ETF (560770) rising by 1.84%, and key component stocks such as Siasun Robot & Automation Co., Ltd. increasing by 10.35% [1] - The introduction of the Yushutech G1 humanoid robot at Wang Leehom's concert in Chengdu on December 18 marked the world's first concert featuring a robot on stage, performing "Firepower Fully Open" [1] - Tesla released an annual report video on December 19 showcasing rapid technological advancements of its humanoid robot, Optimus, from basic movements to complex interactions over the past year [1] Group 2 - CITIC Securities highlighted the ongoing overseas capacity planning in the robotics supply chain, suggesting a focus on high-quality segments as mass production approaches [1] - The Trump administration's emphasis on the development of the robotics sector is expected to elevate the strategic importance of the U.S. robotics industry, with potential positive implications for domestic policies [1] - The robotics sector is anticipated to experience a resurgence following previous corrections, with upcoming events such as Gen3 launches, new product releases, and Yushutech's IPO progress being key catalysts to watch [1] Group 3 - The Robotics Index ETF (560770) tracks the CSI Robotics Index, which includes top ten component stocks such as iFlytek, Huichuan Technology, Top Group, Dahua Technology, Roborock, Dazhong Laser, and others, covering various segments of the robotics industry [2]

具身智能 Scaling Law时刻 ，人形机器人量产化提速， 国产化替代 ， 5G-A远距操控，机器人数据训练场， 机器人 产业集群生态 …… 机器人产业 中这些贯穿 2025全年的高光时刻 ， 在 12月18日、19日两天的杭州被悉数点亮。 本届年会由立德机器人平台 (机器人大讲堂)主办 ， 杭州高新区 (滨江)互联网产业园(滨江具身智能机器人小 镇)协办，本次活动由因时机器人总冠名， 同时得到了灵心巧手、云深处科技、绿的谐波、星汇传感、HIT华 威科、蓝点触控、埃斯顿自动化、晶品特装、五八智能等六十余家企业的大力支持。 在 以 "见证中国机器人领军企业力量，点亮具身智能时代变革新星"为主题的2025第六届中国机器人行业年 会上 ，这些刷屏全年机器人赛道的关键词，再次被产业界领军者、 行业专家 、投资圈大咖们深度剖析，热烈 交锋。 作为承载立德机器人平台十年积淀的行业盛典，这里早已成为解码产业未来的高端对话场。 2025年的中国机器人产业，在进化中打破技术壁垒，在突围中重构产业格局，在变革中倒逼每一位参与者锚 定清晰的发展航向。 当人形机器人从概念走向 量产 ，当国产灵巧手 的性能赶超 国际领先水平，当具 ...

机器人ETF鹏华紧密跟踪国证机器人产业指数，国证机器人产业指数反映沪深北交易所机器人产业相关 上市公司的证券价格变化情况。 数据显示，截至2025年11月28日，国证机器人产业指数(980022)前十大权重股分别为双环传动 (002472)、科沃斯(603486)、绿的谐波(688017)、机器人(300024)、石头科技(688169)、拓普集团 (601689)、埃斯顿(002747)、中信重工(601608)、鸣志电器(603728)、汇川技术(300124)，前十大权重股 合计占比40.47%。 机器人ETF鹏华(159278)，场外联接(A：025698；C：025699；I：025700)。 规模方面，截至2025年12月18日，机器人ETF鹏华近1周规模增长1617.88万元。份额方面，机器人ETF 鹏华最新份额达11.04亿份，创成立以来新高。从资金净流入方面来看，机器人ETF鹏华近3天获得连续 资金净流入，合计"吸金"5784.12万元。 消息面方面，12月18日，知名艺人演唱会在成都举行，上演全球首个机器人舞台秀。 华安证券指出，近日宇树科技正式宣布上线人形机器人应用商店（AppStore ...

Core Viewpoint - The LeadeRobot annual list serves as a key indicator of the development of the Chinese robotics industry, highlighting both leading companies and innovative newcomers, and is based on rigorous selection by industry experts [1][2]. Group 1: Leading Companies List - The "LeadeRobot 2025 Annual List of Leading Chinese Robotics Companies TOP 50" features established companies that have demonstrated significant industry expertise across various sectors, including industrial robots, service robots, and humanoid robots [3]. - These leading companies are recognized for their technological advancements and their ability to provide complex solutions, integrating deeply into automated production lines and global supply chains [3]. - The publication of this list establishes a credible reference point for the industry, showcasing the solid foundation and deep accumulation of the Chinese robotics sector, which is expected to lead to higher quality advancements on the global stage [3]. Group 2: Emerging Stars List - The "LeadeRobot 2025 Annual List of Emerging Stars in the Era of Embodied Intelligence TOP 50" focuses on innovative companies that are early-stage explorers in the field of embodied intelligence, showcasing unique technological paths and strong growth potential [8]. - These emerging stars are characterized by their innovative algorithms, novel mechanical designs, and cutting-edge material applications, indicating a promising future for next-generation robotics technology [8]. - This list serves as a concentrated scan of industry innovation and provides direction for investment and collaboration, highlighting companies that target clear commercial scenarios with high growth and innovation capabilities [8]. Group 3: Influential Figures List - The "LeadeRobot 2025 Annual List of Influential Figures in the Chinese Robotics Industry" honors key leaders who drive the industry's evolution through strategic insights and entrepreneurial spirit [12]. - This list includes entrepreneurs who have successfully navigated development bottlenecks, scientists who have made breakthroughs in fundamental principles, and innovators who have transformed ideas into products [12]. - The recognition of these figures aims to establish role models within the industry, celebrating those who contribute significantly to the high-quality development of the Chinese robotics sector [12].

Group 1 - The mechanical sector has shown strong performance in 2025, with the Shenwan Mechanical Equipment Index rising by 36.11%, outperforming the Shanghai Composite Index by 19.74 percentage points and the Shenzhen Component Index by 8.78 percentage points [4][16][19] - In the first three quarters of 2025, the mechanical industry reported revenues of 15,135.34 billion yuan, a year-on-year increase of 7.35%, and a net profit attributable to shareholders of 1,080.76 billion yuan, up 16.80% year-on-year [4][22][27] - The public fund allocation ratio for the mechanical equipment sector increased by 0.25 percentage points in Q3 2025 compared to Q3 2024, indicating improved fundamentals and positive policy impacts [29] Group 2 - The equipment manufacturing industry has maintained export resilience, with significant growth in new overseas markets. From January to October 2025, the export delivery value of general equipment, specialized equipment, and transportation equipment reached 6,173.20 billion yuan, 5,319.30 billion yuan, and 4,124 billion yuan respectively, with year-on-year growth rates of 5.5%, 9.3%, and 24.20% [5][33][36] - The overseas sales of engineering machinery continued to grow, with a year-on-year increase of 11.84% in export value from January to October 2025, driven by technological innovation and diversified market strategies [37][41] - The motorcycle industry has established a strong competitive advantage in overseas markets, with exports reaching 1,101.85 million units and 7.278 billion USD in value from January to October 2025, reflecting a year-on-year increase of 22.28% and 28.2% respectively [42][43] Group 3 - The emergence of new manufacturing scenarios signifies a profound transformation from "single technology upgrades" to "systematic ecological restructuring," enhancing production efficiency, product quality, and innovation capabilities [5][46] - Human-shaped robots are expected to address customization challenges in traditional manufacturing, with a market space projected to expand significantly as they transition from industrial applications to household use [47][54] - The intelligent logistics equipment market in China is expected to grow rapidly, with a projected market size of 1,261 billion yuan in 2025, driven by advancements in IoT and AI technologies [64][72]

在上海张江科学会堂举行的 2025 全球开发者先锋大会（GDPS）机器人 MAX 工坊内，一台被解剖式展 示的 "爆炸机器人" 成为全场目光的焦点。几十上百个精密部件通过透明线束悬浮排布，从核心的一体 化关节到细微的传感器，每个零件表面都清晰镌刻着 "上海制造" 或长三角城市标识。这具 "裸露" 的机 械躯体，如同一张立体的产业地图，从芯片算法到金属骨骼，从视觉之眼到触觉皮肤，在上海以及其背 后的长三角经济区，都能找到对应的供应链企业。 本文图片 均为主办方供图 "打开一个机器人" 能展示些什么？从上游核心零部件的自主研发，到中游算法算力的协同创新，再到 下游场景应用的规模化落地，展示的正是上海及长三角地区早早布局构建的国内最完整、最具韧性的机 器人产业生态。 核心零部件：供应链的硬核根基 在长三角的供应链体系中，从机械臂、减速器到视觉传感器，一批企业正突破关键核心技术，为机器人 产业筑牢根基。 睿感机器人在 GDPS 展上带来的 TG62-B 具身智能机械臂，具有 1.5kg 负载能力和高精度操控性能。这 款机械臂集成了企业自研的视觉感知系统与运动控制算法，可精准完成物料抓取、装配协作等复杂任 务，其核心技 ...