10月30日，被誉为"高端器械技术转化核心阵地"的第七届IHMD中国国际高端医疗器械论坛在上海重磅启幕。这场首次迎 来宁波均普智能制造股份有限公司（以下简称"均普智能"）的身影——作为医疗智造领域的新晋领军者，携实战级方案亮相， 瞬间成为全场关注焦点。 本届论坛以"研发到制造的系统协同创新"为主题，与均普智能的战略布局高度同频：依托50余年全球智造经验，公司2025 年第三季度医疗类新接多个重要订单。公司获得了国内头部医药企业高精密胰岛素笔紫外激光打标项目，目前可根据客户需求 提供包括高速磁悬浮式高产能解决方案，以及经济型转台式解决方案，产能高达每分钟80件。此外，还斩获了美资头部医疗器 械企业的艾滋病检测医疗产品装配检测项目订单，为客户交付高节拍的微流控产品智能产线。 均普智能胰岛素笔自动化检测系统 均普智能推出的胰岛素笔自动化检测系统，是一套由旋转分度台与机器人组成的全自动化检测解决方案，严格执行 ISO14644-1Class8洁净室标准，保障医疗级生产环境的洁净度要求。 系统循环时间仅48秒，检测效率达1.25件/分钟，在检测流程上实现全自动化闭环：通过机器人完成托盘卸载，对胰岛素笔 进行径向定位后， ...

证券代码：688306 证券简称：均普智能 公告编号：2025-076 宁波均普智能制造股份有限公司 2025年第五次临时股东会决议公告 本公司董事会及全体董事保证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。 重要内容提示： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东会召开的时间：2025 年 10 月 31 日 （二） 股东会召开的地点：浙江省宁波市高新区清逸路 99 号 4 号楼 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 267 | | --- | --- | | 普通股股东人数 | 267 | | 2、出席会议的股东所持有的表决权数量 | 812,472,959 | | 普通股股东所持有表决权数量 | 812,472,959 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比 | 66.8138 | | 例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | | （四） 表决方式是否符 ...

国浩律师（上海）事务所 股东会法律意见书 致：宁波均普智能制造股份有限公司 宁波均普智能制造股份有限公司（以下简称"公司"）2025 年第五次临时股东 会（以下简称"本次股东会"）于 2025 年 10 月 31 日召开，国浩律师（上海）事务 所（以下简称"本所"）接受公司的委托，指派律师（以下简称"本所律师"）出席会 议，并依据《中华人民共和国证券法》《中华人民共和国公司法》《上市公司股东 会规则》和《宁波均普智能制造股份有限公司章程》（以下简称"《公司章程》"） 出具本法律意见书。 本所律师已经按照有关法律、法规及规范性文件的规定对公司本次股东会召 集、召开程序是否合法以及是否符合《公司章程》、出席或列席会议人员的资格、 召集人资格的合法有效性和股东会表决程序、表决结果的合法有效性发表法律意见。 法律意见书中不存在虚假、严重误导性陈述及重大遗漏，否则愿意承担相应的法律 责任。 本所律师是根据对事实的了解和对法律的理解发表法律意见。 本法律意见书依据国家有关法律、法规及规范性文件的规定而出具。 本所律师同意将本法律意见书作为公司 2025 年第五次临时股东会的必备文件 公告，并依法对本所出具的法律意见承担责 ...

商业化元年 此前，在智元机器人首届合作伙伴大会上，公司董事长兼CEO邓泰华给出了他的判断，"2025年具身智 能机器人将迎来商用发展的拐点，最终成为继手机和汽车之后的'下一代海量智能终端'。" 邓泰华透露，预计智元今年有几千台的出货，明年会有数万台，希望未来几年达到每年数十万台规模。 实际上，今年以来，人形机器人领域大单不断。 21世纪经济报道记者邓浩 10月28日，中共中央关于制定国民经济和社会发展第十五个五年规划的建议发布。 其中，具身智能作为未来产业之一被着重提出，要求探索多元技术路线、典型应用场景、可行商业模 式、市场监管规则，推动成为新的经济增长点。 据记者调研，目前具身智能正处于从"技术验证"到"规模商用"的过渡阶段。不少产业人士表示，随着技 术成本进一步下降、场景适配性增强，其有望在"十五五"中后期初步具备新兴支柱产业的雏形。 值得一提的是，资本市场的改革也为以具身智能为代表的前沿产业发展铺平道路。 此前，中国证监会制定《关于在科创板设置科创成长层增强制度包容性适应性的意见》宣布，重启未盈 利企业适用科创板第五套标准上市，并扩大适用范围，支持人工智能、商业航天、低空经济等更多前沿 科技领域企业适 ...

Core Insights - Ningbo Junpu Intelligent Manufacturing Co., Ltd. has established a joint research laboratory with Zhiyuan Robotics, focusing on advancing industrial AI tools and algorithms [1][2] - The laboratory aims to transition AI from "perceptual intelligence" to "executive intelligence," creating a closed-loop ecosystem for the development and validation of tools [1] - The initiative addresses challenges in acquiring high-quality industrial private data by building a complete closed loop from scene setup to data collection, model training, and tool development [1] Group 1 - The joint laboratory will leverage the new generation wheeled robot G2 for continuous training and optimization in highly realistic simulated environments [1] - A physical data collection center is being established to gather critical data from real and simulated scenarios, ensuring that the tools and models developed are practical and continuously iterated [1] - The laboratory has already formed partnerships with industry players to promote the industrial application of AI vision models [1] Group 2 - The joint laboratory will strategically collaborate with the Ningbo Embodied Intelligent Robot Innovation Center, which serves as an open platform for industrial demands and data [2] - Tools and data platforms developed by the joint laboratory will be made accessible to customers and partners through the innovation center, enabling them to autonomously extract data and utilize models [2] - This collaboration aims to create a "technology-business dual closed loop" from technology development to commercial implementation, ensuring sustainable growth [2]

Core Viewpoint - The establishment of the "Junpu Intelligent - Zhiyuan Joint R&D Laboratory" aims to advance industrial AI from "perceptual intelligence" to "executive intelligence," focusing on developing a closed-loop ecosystem for toolchain development and scenario validation [1][5]. Group 1: Laboratory Objectives - The laboratory will focus on creating a universal underlying toolchain and algorithm platform for core industrial processes, addressing the complexities of basic actions like "grasping," "assembly," and "movement" [3]. - It aims to build a standardized toolchain that integrates software and hardware, facilitating rapid development and deployment of upper-layer applications [3]. Group 2: Data Acquisition and Model Training - The laboratory has established a complete closed-loop system for "scene building - data collection - model training - tool development" to tackle the challenge of acquiring high-quality industrial private data [3]. - Junpu Intelligent is actively building a physical data collection center to gather essential data for model training from real and simulated industrial environments [3]. Group 3: Strategic Collaboration - The collaboration between Zhiyuan Robotics and Junpu Intelligent combines Zhiyuan's expertise in AI large models with Junpu's 50 years of experience in intelligent manufacturing, creating a strategic synergy [5]. - The laboratory will focus on developing a universal toolchain for AI models, enabling quick training, adaptation, and deployment in new scenarios [5]. Group 4: Innovation and Flexibility - The laboratory's approach aims to overcome the limitations of traditional industrial automation, which has been constrained by insufficient flexible manufacturing capabilities and low hardware reuse rates [5]. - Future intelligent devices equipped with the laboratory's technological achievements will be able to adapt quickly to new tasks, significantly improving equipment utilization and reducing debugging cycles [5]. Group 5: Sustainable Development - The innovation center will serve as an open platform, continuously providing real industrial demands and data to the laboratory [5]. - The tools and data platforms developed by the laboratory will be made available to customers and partners, promoting self-extraction of data and model utilization, ultimately creating a sustainable closed-loop from technology development to commercial application [5].

Investment Rating - The report maintains a "Recommended" investment rating for the humanoid robot industry, indicating that the industry index is expected to outperform the benchmark index by more than 10% [30]. Core Insights - The humanoid robot concept index increased by 4.51% from October 19 to October 24, 2025, outperforming the CSI 300 index by 1.27 percentage points. Year-to-date, the humanoid robot index has risen by 72.91%, surpassing the CSI 300 index by 50.91 percentage points [2][12]. - Significant developments include the unveiling of a humanoid robot pilot base in Hangzhou and the announcement of continued efforts to strengthen AI top-level design by the Ministry of Science and Technology [3][21]. - Tesla's production plans for the Optimus humanoid robot have been postponed to the end of 2026, with a new roadmap indicating the release of the third-generation model in early 2026 [5][23]. Weekly Market Review - The humanoid robot index saw a weekly increase of 4.51%, with notable stock performances including a 29.09% rise for Dayang Electric and a 13.39% decline for Henghui Security [2][18]. - The report highlights the strong performance of the humanoid robot sector compared to the broader market, with specific stocks showing significant volatility [12][18]. Weekly Hotspots Policy Developments - The Hangzhou humanoid robot pilot base was inaugurated, marking a significant step in the collaboration between government and enterprises in the humanoid robot industry [21]. - The Ministry of Science and Technology emphasized the importance of AI development and integration into various sectors [21][22]. Product and Technology Iteration - The Ningbo Embodied Intelligent Robot Innovation Center has been launched, focusing on data collection and application in industrial manufacturing [22]. - JD Logistics plans to purchase 3 million robots, 1 million unmanned vehicles, and 100,000 drones over the next five years to enhance its logistics capabilities [23]. Investment and Financing - Leju Robotics announced the completion of nearly 1.5 billion yuan in Pre-IPO financing, aimed at advancing core technology and expanding application scenarios [4][25]. - Key companies such as Yingluohua and Shenghong Technology are actively developing products for the humanoid robot sector, with some products already in production [4][26][27]. Key Company Announcements - Yingluohua has begun small-scale trials of its magnetic materials for humanoid robot motors [26]. - Shenghong Technology's PCB products for humanoid robots have entered the production phase, indicating strong market interest [26]. - Macro Technology has established partnerships with several humanoid robot companies, enhancing its market position [27].

Group 1 - Junpu Intelligent (688306.SH) reported its Q3 2025 results, with 9 institutional investors holding a total of 836 million shares, representing 68.07% of the total share capital [1] - The institutional holding percentage decreased by 1.51 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, 2 funds increased their holdings, including Huaxia CSI Robot ETF and Tianhong CSI Robot ETF, with an increase ratio of 0.28% [2] - One public fund, Southern CSI 1000 ETF, reported a slight decrease in holdings compared to the previous quarter [2] - 100 public funds did not disclose their holdings this quarter, including Huaxia CSI 1000 ETF and others [2] Group 3 - One new foreign institution disclosed its holdings this quarter, namely Hong Kong Central Clearing Limited [2]

Group 1 - The core viewpoint of the article highlights that Ningbo Junpu Intelligent Manufacturing Co., Ltd. reported a revenue of 1.508 billion yuan for the first three quarters of 2025, with 476 million yuan generated in the third quarter [1] - The company's revenue fluctuations are primarily influenced by project execution cycles, with significant projects impacting quarterly revenue due to their large individual amounts [1] - The company has achieved a comprehensive gross profit margin of 20.29%, an increase of 1.06 percentage points compared to the previous year, indicating improved operational quality [1] Group 2 - Junpu Intelligent has signed new orders amounting to 1.881 billion yuan in the first three quarters, covering various sectors such as healthcare, high-end consumer goods, and new energy vehicles, leading to a more diversified revenue structure [1] - As of the end of the reporting period, the company has an order backlog of 3.738 billion yuan, providing strong support for future performance growth [1] - The company has made significant progress in the humanoid robot field, establishing a comprehensive technical capability from research and development to independent production, facilitating the large-scale application of embodied intelligence in industrial scenarios [2]

Core Insights - Junpu Intelligent (688306.SH) reported a revenue of 1.508 billion yuan for the first three quarters of 2025, representing a year-on-year decline of 4.09% [1] - The company recorded a net loss attributable to shareholders of 54.34 million yuan [1] - The non-recurring net profit loss amounted to 59.12 million yuan, with a basic earnings per share of -0.0447 yuan [1]