Core Insights - The humanoid robot industry is emerging as a new competitive frontier in technology, attracting significant interest from listed companies [1] - Companies are showcasing their latest advancements in humanoid robotics through their recent semi-annual reports [1] Company Developments - Top Group (拓普集团) is expanding its robotics product line by establishing an electric drive division, focusing on key components like linear and rotary actuators, and is actively developing products such as dexterous hand motors [2] - Sanhua Intelligent Control (三花智控) is enhancing its product capabilities in the bionic robotics sector, receiving high praise from clients for its innovative developments and overall product improvements [2] - Junpu Intelligent (均普智能) has successfully developed a humanoid robot arm prototype with a load capacity of 10 kg and is constructing a production line with an annual capacity of 1,000 units [3] - Efort (埃夫特) is investing over 90 million yuan in R&D for industrial robots and humanoid robotics, emphasizing its commitment to the long-term value of the robotics industry [3] - Longsheng Technology (隆盛科技) is advancing its dual-path strategy in core component and complete machine development, achieving breakthroughs in key components [4] Industry Growth - The demand for high-end screws and bearings is expected to rise rapidly alongside the development and commercialization of humanoid robots and smart vehicles [5] - Beite Technology (北特科技) is investing 1.85 billion yuan to establish a planetary roller screw R&D and production base, with ongoing construction of the main project [5] - Zhenyu Technology (震裕科技) has delivered various micro screw components and is engaged in integrating hardware solutions for dexterous hands, with successful small-batch orders from domestic and international clients [5] - Wuzhou Xinchun (五洲新春) is focusing on reverse planetary roller screws and automotive ball screws, securing small-batch orders from several clients due to its technological advantages [6] - Fuliwang (福立旺) has developed multiple specifications of micro planetary roller screws and is in the process of sample delivery to leading industry clients [6]

Meeting Overview - The third meeting of the Supervisory Board of Efort Intelligent Equipment Co., Ltd. was held on August 27, 2025, with all five supervisors present [1] - The meeting complied with relevant laws and regulations, including the Company Law and the Securities Law of the People's Republic of China [1] Agenda Items - The Supervisory Board approved the 2025 Half-Year Report and its summary, confirming that the report's preparation and review processes adhered to legal and regulatory requirements, and accurately reflected the company's financial status and operational results [1][2] - The voting results for this agenda item were unanimous, with 5 votes in favor and no votes against or abstentions [2] - The Supervisory Board also approved the report on the storage and use of raised funds for the first half of 2025, affirming compliance with relevant regulations and confirming that the funds were stored in dedicated accounts and used appropriately [2] - This agenda item also received unanimous approval, with 5 votes in favor and no votes against or abstentions [2]

Core Viewpoint - The company is focusing on enhancing its core business in industrial robotics, achieving a slight increase in market share while strategically reducing its system integration business [2][4]. Group 1: Business Performance - The company's robot market share increased from 5.4% in the first half of 2024 to 5.5% in the first half of 2025 [2]. - The revenue from the robot business accounted for 72.77% of total revenue, while system integration business contributed 22.86% [2]. - The company reported a total revenue of 5.08 billion RMB, with a 57% decline in non-strategic system integration business revenue and a 7.44% decrease in robot business revenue [3]. Group 2: Strategic Focus - The company is concentrating resources on the intelligent robot sector, participating in national key research projects, and leading the establishment of a "High-speed and High-precision Technology Innovation Consortium" [3]. - The company is actively reducing the scale of its domestic system integration business and selling equity in its Brazilian subsidiary to recover funds while expanding into aerospace system integration [4]. Group 3: Technological Development - The company is rapidly advancing its general technology base for intelligent robots, focusing on a hybrid expert MOE architecture that integrates various core modules [5]. - The technology base is designed to address the challenges of using robots for small-batch production in the manufacturing industry, consisting of three main modules: "墨斗IDE," "Openmind OS," and "大衍数据平台" [5]. Group 4: Product Expansion - The company is expanding its robot family with new models, including a heavy-duty SCARA series with a maximum load of 65 kg and various platform models for different applications [7][9]. - The company has launched new models in the heavy-duty category, enhancing usability and aiming for domestic substitution of foreign spray robots [9]. Group 5: Industry Applications - The company has secured bulk orders for welding and spraying robots from leading domestic new energy vehicle manufacturers, indicating its capability for import substitution in the automotive sector [10]. - In the electronics manufacturing sector, the company is experiencing rapid growth by collaborating with major players like Foxconn and BYD Electronics [11]. Group 6: Certifications and Recognition - The company has achieved multiple certifications for its robots, including CE and NRTL certifications, and has been recognized as an excellent innovative enterprise in Anhui Province [13]. - The company received awards for its contributions to the field of artificial intelligence and was recognized at the "Embodied Intelligence Application Benchmarking Award" [13]. Group 7: Future Strategy - The company plans to continue investing in the general technology base for intelligent robots and enhance its overseas business management to adapt to market changes [14]. - The company aims to build new factories to meet future market demands and expand its high-end manufacturing services [14].

Core Viewpoint - Evert (688165.SH) reported a significant decline in revenue and an increased net loss for the first half of 2025 compared to the previous year [1] Financial Performance - The company achieved total operating revenue of 508 million yuan, representing a year-on-year decrease of 25.2% [1] - The net profit attributable to shareholders was -152 million yuan, which is a loss increase of 68.86 million yuan compared to the same period last year [1] - The basic earnings per share were -0.29 yuan [1]

证券代码：688165 证券简称：埃夫特 公告编号：2025-060 埃夫特智能机器人股份有限公司 第三届监事会第二十八次会议决议公告 本公司监事会及全体监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、准确性和完整性依法承担法律责任。 一、监事会会议召开情况 埃夫特智能机器人股份有限公司（以下简称"公司"）第三届监事会第二十八 次会议于 2025 年 8 月 27 日（星期三）在公司会议室以现场结合通讯的方式召开。 会议通知已于 2025 年 8 月 18 日通过邮件的方式送达各位监事。本次会议应出席 监事 5 人，实际出席监事 5 人，本次会议由监事会主席赵文娟主持。 本次会议的召集、召开符合《中华人民共和国公司法》《中华人民共和国证 券法》《上海证券交易所科创板股票上市规则》（以下简称"《科创板股票上市 规则》"）等法律法规、规范性文件以及《埃夫特智能机器人股份有限公司章程》 （以下简称"《公司章程》"）、《埃夫特智能机器人股份有限公司监事会议事 规则》的相关规定。 二、监事会会议审议情况 监事会审议了下列议案： （一） 审议通过《关于公司 2025 年半年度报告及摘要 ...

Financial Performance - In the first half of 2025, the company's industrial robot revenue decreased by approximately 7% due to intensified price competition and strategic bidding decisions [4]. - The European integration business revenue significantly declined by over 50% in the first half of 2025, impacted by the transformation challenges in the European automotive industry [5]. - The company reported a net loss of 151.70 million yuan attributable to shareholders in the first half of 2025, with cumulative unremitted losses exceeding 1.068 billion yuan as of June 30, 2025 [11][13]. - The company's revenue for the first half of 2025 was CNY 50,846.31 million, a decrease of 25.20% compared to CNY 67,975.50 million in the same period last year [32]. - The total profit for the reporting period was CNY -21,879.34 million, compared to CNY -10,176.57 million in the previous year, indicating a significant increase in losses [32]. - The net profit attributable to shareholders was CNY -15,170.23 million, worsening from CNY -8,284.31 million year-on-year [32]. - The company's cash flow from operating activities was negative at CNY -17,057.10 million, worsening from CNY -4,569.95 million in the previous year [32]. - The company's operating revenue decreased by 25.20% to ¥50,846.31 million compared to ¥67,975.50 million in the same period last year, primarily due to a 57.00% decline in non-strategic system integration business revenue [169]. - The company reported an operating income of 12,083.71 million RMB and a net loss of 7,471.86 million RMB for the period [179]. Research and Development - The company invested over 90 million yuan in R&D for industrial robots and embodied intelligence in the first half of 2025, adding over 40 new R&D personnel in the embodied intelligence field [6]. - The company aims to enhance its competitiveness through significant investments in R&D, production capacity, market promotion, and customer service systems to achieve high growth in the future [12]. - The company's R&D investment as a percentage of revenue increased to 17.96%, up by 10.65 percentage points from 7.31% in the previous year [33]. - R&D investment reached 91.328 million yuan in the first half of 2025, a substantial increase of 83.72% year-over-year, emphasizing the company's commitment to innovation [99]. - Research and development expenses surged by 85.03% to ¥9,088.96 million, reflecting significant investment in industrial and intelligent robot technologies [171]. - The company has developed five core technologies in robotics, including motion control and intelligent technology, and holds 433 patents, including 123 invention patents [109]. - The company has established R&D centers in China and Italy and collaborates with over 20 universities and research institutions to enhance its technological capabilities [113]. Market Strategy and Growth - The company plans to continue its strategic focus on core business areas and explore sustainable high-quality development paths in the second half of 2025 [8]. - The company is focusing on cost optimization and supply chain resilience to mitigate the impact of price declines and enhance operational efficiency [6]. - The company is expanding its market presence in Europe, targeting a 10% market share by the end of the fiscal year [25]. - The company is focusing on the integration of AI and advanced manufacturing technologies, transitioning industrial robots from "mechanical arms" to "embodied intelligent agents" [56]. - The company is actively involved in the development of 26 national and industry standards for the robotics sector, enhancing its influence in the industry [53]. - The company is focusing on expanding its core technology capabilities and has made rapid progress in developing autonomous control systems for robots, addressing the needs of key markets such as new energy and automotive [93]. - The company is committed to expanding its market reach and enhancing its technological capabilities through strategic acquisitions and innovation [117]. Product Development and Innovation - New product development includes the launch of a next-generation industrial robot, expected to enhance efficiency by 30% [25]. - The company launched several new robot models, including a heavy-duty SCARA series with a maximum load of 65kg, enhancing its product offerings for industries such as 3C electronics and automotive [74]. - The company introduced new spray robots, GR6150 and GR6100 series, aimed at achieving domestic substitution for imported spray robots in the automotive and general industrial sectors [80]. - The company is actively developing humanoid robots, having released the Yobot R1 and Yobot W1, with ongoing research for the next iteration, Yobot R2, to enhance performance and adaptability [81]. - The company has developed a standardized spraying robot workstation under a RaaS business model, aimed at automating spray painting in small-batch furniture production, currently being piloted in Nankang District, Jiangxi Province [100]. - The company achieved significant breakthroughs in the automotive sector, securing bulk orders for various types of robots from leading domestic new energy vehicle manufacturers, marking a successful application of domestic robots in key automotive production processes [66]. Financial Management and Risks - The company is enhancing cash management and risk control measures to ensure operational safety and maintain a healthy cash flow [7]. - The company recognizes the need for a robust talent retention mechanism to attract and retain high-end R&D personnel in the face of increasing competition [6]. - The company is committed to risk management and optimizing operations to enhance overall profitability amid external market fluctuations [103]. - The company faces significant risks from raw material supply chain disruptions, particularly for critical components like industrial chips, which could severely impact operational performance [157]. - The company is exposed to foreign exchange risks, particularly with subsidiaries operating in various currencies, which could impact financial performance if significant currency fluctuations occur [155]. - The company is increasing its reliance on litigation to manage accounts receivable, reflecting a strategy to mitigate financial losses amid longer payment cycles in the industry [158]. Corporate Governance and Social Responsibility - No profit distribution or capital reserve increase plan was proposed during the reporting period [16]. - There are no special arrangements for corporate governance or significant matters applicable [17]. - The company donated 2 robots valued at 240,000 RMB to Anhui University of Technology as part of its social responsibility initiatives [192]. - The company hosted nearly 100 visits from universities and over 1,300 participants for on-site exchanges in the first half of 2025, supporting local educational initiatives [193]. - The company commits to a cash dividend policy, prioritizing cash distributions when conditions are met, with a minimum of 15% of distributable profits to be allocated annually in the first three years post-IPO [198].

证券代码：688165 证券简称：埃夫特 公告编号：2025-059 埃夫特智能机器人股份有限公司 2025 年半年度募集资金存放与使用情况的专项报告 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、准确性和完整性依法承担法律责任。 根据《上市公司募集资金监管规则》《上海证券交易所科创板上市公司自律监管指 引第 1 号——规范运作》等的规定，埃夫特智能机器人股份有限公司（以下简称"本公 司"或"公司"）编制了截至 2025 年 6 月 30 日的公司《2025 年半年度募集资金存放与使 用情况的专项报告》，具体内容如下： 一、募集资金基本情况 经中国证券监督管理委员会（证监许可〔2020〕1088 号文）《关于同意埃夫特智 能装备股份有限公司首次公开发行股票注册的批复》同意，本公司于 2020 年 7 月向社 会公开发行人民币普通股（A 股）130,446,838.00 股，每股发行价为 6.35 元，应募集资 金总额为人民币 82,833.74 万元，根据有关规定扣除发行费用人民币 10,244.25 万元后， 实际募集资金净额为人民币 72,589.4 ...

埃夫特智能机器人股份有限公司 2025 年度"提质增效重回报"行动方案的 半年度评估报告 为贯彻落实关于开展科创板上市公司"提质增效重回报"专项行动的倡议， 践行以"投资者为本"的上市公司发展理念，维护埃夫特智能机器人股份有限公 司（以下简称"公司"、"埃夫特"）全体股东利益，推动上市公司持续优化经 营、大力提高上市公司质量，基于对公司未来发展前景的信心及公司长期价值的 认可并切实履行社会责任，公司于 2025 年 4 月 30 日发布《2024 年度"提质增 效重回报"专项行动方案的评估报告暨 2025 年度"提质增效重回报"行动方案》， 为公司 2025 年度提质增效重回报行动制定出明确的工作方向。公司根据行动方 案内容，积极开展和落实各项工作，现将 2025 年上半年的主要工作成果报告如 下： 一、 聚焦工业机器人业务，实现进口替代目标，促进企业高质量发展 （一）持续保持并提升公司工业机器人产品市场份额，实现国产替代 2025 年上半年，公司持续保持工业机器人整机产品销售数量的提升，实现 了工业机器人整机产品销售数量比 2024 年同期增长近 20%，据 MIR 睿工业中国 工业机器人本体出货数量统计， ...

Group 1 - The core viewpoint of the news is that Evert U (688165) has experienced a decline in revenue and net profit in its latest quarterly report, indicating potential challenges for the company [1] - As of August 25, 2025, Evert U's stock closed at 26.6 yuan, with a 1.33% increase and a turnover rate of 4.75% [1] - The company's total revenue for the first quarter of 2025 was 252 million yuan, a year-on-year decrease of 24.71%, while the net profit attributable to shareholders was 67.36 million yuan, down 247.63% year-on-year [1] Group 2 - Evert U has a current liquidity ratio of 2.101 and a quick ratio of 1.861, with a debt-to-asset ratio of 53.96% [1] - The company has made investments in 21 enterprises and participated in 323 bidding projects, showcasing its active engagement in the market [2] - Evert U holds 61 trademark registrations and 512 patents, along with 15 administrative licenses, indicating a strong intellectual property portfolio [2]

Group 1 - The company has started generating revenue from supplying rubber components to Chery and harmonic reducers to Efort Industrial Robots, although the revenue is currently small [1] - The current business activities are not expected to have a significant impact on the company's operating performance for the year [1] - The company is actively pursuing partnerships by sending samples to several leading robot companies [1]