金融界消息 截至2025年8月22日收盘，凌云光（688400）报收于36.59元，上涨7.3%，换手率5.92%，成 交量27.27万手，成交金额9.77亿元。 资金流向方面，今日主力资金净流入4382.60万元，占比成交额4.49%。其中，超大单净流入1376.59万 元、占成交额1.41%，大单净流入3006.02万元、占成交额3.08%，中单净流出流出2996.37万元、占成交 额3.07%，小单净流出1386.23万元、占成交额1.42%。 凌云光最新一期业绩显示，截至2025一季报，公司营业总收入6.14亿元、同比增长38.57%，归属净利润 1498.50万元，同比增长324.49%，扣非净利润703.38万元，同比增长159.24%，流动比率2.869、速动比 率2.485、资产负债率33.57%。 天眼查商业履历信息显示，凌云光技术股份有限公司，成立于2002年，位于北京市，是一家以从事批发 业为主的企业。企业注册资本46097.6733万人民币，实缴资本5109.86万人民币。公司法定代表人为姚 毅。 通过天眼查大数据分析，凌云光技术股份有限公司共对外投资了29家企业，参与招投标项目100 ...

Core Insights - Goldman Sachs observed significant advancements in the autonomy and generalization capabilities of humanoid robots during the World Humanoid Robot Games (WHRG) held in Beijing from August 14 to 17, 2023, indicating potential positive impacts on related stock performances [1][2][3] Group 1: Event Overview - The WHRG featured over 500 humanoid robots from 280 teams across 16 countries, including 192 university teams and 88 private enterprises, utilizing shared hardware platforms from 127 brands [3] - The event highlighted the importance of hardware robustness and durability through competitive sports, with top-performing robots excelling in motor control and battery management [2][4] Group 2: Performance Highlights - The Tian Gong Ultra robot improved its autonomous control capabilities in running events, reducing run times by 20% compared to remote-controlled performances [1][4] - In soccer, the need for multi-robot collaboration and team intelligence was emphasized, with robots demonstrating quick responses and environmental awareness, although challenges in multi-robot interactions were noted [5][6] Group 3: Application Insights - Scenario-based activities underscored the industry's interest in practical applications of humanoid technology, with autonomous robots scoring 50% higher than remote-controlled ones in task completion [6] - In hotel services, robots with wheeled bases and functional grippers outperformed bipedal robots, indicating a trend towards designs that prioritize stability and precision for commercial viability [6] Group 4: Company Perspectives - Goldman Sachs expressed a positive outlook on companies like Sanhua Intelligent Controls, anticipating a 19% CAGR in revenue and net profit from 2025 to 2030 due to growth potential in humanoid robot actuators [13] - Best (300580.SZ) is expected to become a competitive supplier of planetary roller screws for humanoid robots, with a projected 80% CAGR in global high-spec humanoid robot shipments from 2024 to 2035 [14] - Lianyi Electric (603728.SH) is forecasted to become a key player in the coreless motor supply chain for humanoid robots by 2027, despite facing competitive challenges [16]

Group 1 - The core viewpoint highlights the strong performance of the Huaxia Sci-Tech AI ETF (589010), which rose by 1.39% today, showcasing high elasticity and explosive potential in the AI sector [1] - Over the past 20 trading days, the ETF has seen a significant increase of 19.83%, indicating robust market interest and momentum [1] - Key holdings such as Chipone Technology (芯原股份) led the gains with a rise of 5.65%, while other companies like Hengxuan Technology (恒玄科技) and Cambricon Technologies (寒武纪) also experienced increases of over 3% [1] Group 2 - The CEO of OpenAI, Sam Altman, stated that the U.S. has severely underestimated China's comprehensive development potential in the AI field, particularly in reasoning technology and product commercialization [1] - Oriental Securities noted that AI applications are evolving from dialogue-based applications, represented by ChatGPT, to task-oriented applications centered around agents, indicating a shift in application paradigms [1] - The Huaxia Sci-Tech AI ETF closely tracks the Shanghai Stock Exchange Sci-Tech Innovation Board AI Index, covering high-quality enterprises across the entire industry chain, benefiting from high R&D investment and policy support [2]

Core Viewpoint - On August 18, Lingyun Guang experienced a significant block trade with a volume of 140,000 shares and a transaction value of 4.9196 million yuan, indicating active trading interest in the stock [2] Group 1: Trading Activity - The block trade price was 35.14 yuan, which matched the closing price for the day, showing no premium or discount [2] - The buyer was the headquarters of CITIC Securities Co., Ltd. (non-business location), while the seller was CITIC Securities Co., Ltd. Beijing Anwai Street Securities Business Department [2] Group 2: Stock Performance - Lingyun Guang's closing price on the same day was 35.14 yuan, reflecting a 10.68% increase [2] - The stock had a turnover rate of 6.84% and a total trading volume of 1.089 billion yuan for the day [2] - There was a net inflow of main funds amounting to 27.8274 million yuan, while over the past five days, the stock accumulated a rise of 7.46% [2] Group 3: Margin Trading Data - The latest margin financing balance for Lingyun Guang was 455 million yuan, with a decrease of 15.199 million yuan over the past five days, representing a decline of 3.22% [2]

11只科创板股大宗交易平台今日发生交易，合计成交1.48亿元。 科创板股8月18日大宗交易概况 证券时报·数据宝统计显示，8月18日共有11只科创板股发生大宗交易，合计成交13笔，累计成交量 254.23万股，成交额合计1.48亿元。 | 代码 | 简称 | 成交笔 | 大宗交易数量 | 平均成交价格 | 相对收盘价折溢价 | 大宗交易金额 | | --- | --- | --- | --- | --- | --- | --- | | | | 数 | （万股） | （元） | （%） | （万元） | | 688692 | 达梦数 | 2 | 15.91 | 234.47 | -6.40 | 3730.47 | | | 据 | | | | | | | 688080 | 映翰通 | 1 | 68.00 | 41.01 | -20.00 | 2788.68 | | 688166 | 博瑞医 药 | 1 | 25.00 | 100.62 | -10.00 | 2515.50 | | 688662 | 富信科 | 2 | 50.00 | 42.32 | | | | | 技 | | | | -13.40 | 2116. ...

| 2025-08-18 | 凌云光 | 688400 | 35.14 491.96 | 14 | 中信证券股份有限 公司总部(非营业 Canad concess and | 中信证券股份有限 公司北京安外大街 bear 3.4 d. observe 11 . 1. an | | --- | --- | --- | --- | --- | --- | --- | | 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 | | | 卖出营业部 | 8月18日，凌云光大宗交易成交14万股，成交额491.96万元，占当日总成交额的0.45%，成交价35.14元，较市场收盘价35.14元持平。 ...

Summary of the World Humanoid Robot Games (WHRG) Insights Industry Overview - The WHRG is the first global multi-event competition dedicated to humanoid robots, held in Beijing from August 14-17, 2025, with participation from over 500 robots across 280 teams from 16 countries [2][15]. Key Insights on Autonomous Capabilities - Positive advancements in autonomous capabilities were observed, particularly with Tiangong Ultra, which demonstrated autonomous control in all running events, contrasting its previous remote-controlled performance [1][6]. - The Games encouraged autonomous operation by allowing a 20% reduction in running time for robots that operated autonomously, highlighting the industry's shift towards full autonomy as a measure of advanced robotic capability [1][6][13]. Performance Highlights - Soccer matches showcased the need for multi-robot collaboration and team intelligence, with Booster Robotics' T1 being a preferred hardware platform due to its advanced AI capabilities [7][8]. - Scenario-based events emphasized practical applications of humanoid technology, rewarding autonomous robots with 50% more points than remotely controlled ones [8][9]. Technical Challenges and Limitations - Despite progress, limitations in robustness and speed were noted, with the test samples during the Games being limited, indicating a gap compared to real commercial applications [1][11]. - Challenges in multi-robot interactions were observed, particularly during soccer matches where collisions occurred, necessitating human intervention [7]. Investment Insights - Sanhua Intelligent Controls is rated as a long-term beneficiary in the actuator assembly business, with expected revenue and net profit CAGR of 19% from 2025 to 2030 [16][23]. - Best Precision is viewed as a competitive supplier of planetary roller screws for humanoid robots, with an anticipated 80% global shipment CAGR from 2024 to 2035 [17]. - LeaderDrive and Moons' Electric are rated Neutral, with potential growth in the humanoid robot supply chain but facing competitive pressures [20][21]. Conclusion - The WHRG demonstrated significant advancements in humanoid robot technology, particularly in autonomous capabilities, which are expected to drive future adoption and investment opportunities in the sector [15][16].

Core Viewpoint - The Shanghai Composite Index has reached a new high since August 2015, driven by strong performance in the artificial intelligence sector, particularly through ETFs tracking AI indices [1][3]. Group 1: Market Performance - As of August 18, 2025, the Shanghai Composite Index surpassed the previous high of 3731.69 points set on February 18, 2021 [1]. - The CSI Artificial Intelligence Industry Index rose by 4.79%, with notable gains from stocks such as Lingyun Guang (up 11.50%) and Hengxuan Technology (up 11.20%) [1]. - The AI ETF (515980) increased by 4.40%, with a cumulative rise of 11.74% over the past week as of August 15, 2025 [1][3]. Group 2: ETF Details - The AI ETF had a turnover rate of 6.18% and a transaction volume of 205 million yuan during the trading session [3]. - The latest scale of the AI ETF reached 3.228 billion yuan, closely tracking the CSI Artificial Intelligence Industry Index [3]. - The index includes 50 stocks with high AI revenue and growth potential, balancing infrastructure and application sectors [3][4]. Group 3: Industry Insights - The AI industry is experiencing rapid iteration, with the release of GPT-5 significantly enhancing performance and reducing hallucination rates [4]. - There is a clear trend towards monetization of AI applications globally, with leading firms like OpenAI seeing substantial annual recurring revenue growth [4]. - The domestic AI industry is expected to benefit from technological spillover and innovative applications, particularly in infrastructure and vertical applications [4]. Group 4: Investment Opportunities - The AI ETF's index has been upgraded to allow for quarterly adjustments, enabling quicker incorporation of companies empowered by AI technology [6]. - The index allocates approximately 20%-25% to sectors with validated demand, such as AIGC applications and domestic computing power, while also investing in emerging AI applications like autonomous driving and robotics [7]. - Investors can consider the Huafu AI ETF linked funds to gain exposure to high-growth potential companies in the AI sector [7].

今日截至10点00，科创人工智能ETF华夏（589010）上涨0.34%。持仓股方面，30只成分股有25只 飘红，迎来普涨行情。澜起科技领涨2.97%，天准科技、凌云光双双上涨超2%，奥普特、石头科技等跟 涨。流动性方面，盘中换手6.04%，成交金额达450万元，量能释放节奏稳定。 消息方面，联想的三大主营业务集团都把握住了AI带来的结构性增长机遇：IDG智能设备业务集团 实现营收973亿元，同比增长17.8%，其中PC业务创下15个季度以来最快增速；ISG基础设施方案业务集 团营收实现35.8%的增长；SSG方案服务业务集团收入增长19.8%至163亿元，运营利润率达22.2%。 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 每日经济新闻 （责任编辑：董萍萍 ） 长城证券认为，AI大算力浪潮催生新动能，芯片国产替代坚定推进，重点关注AI产业链相关公司 及"龙头低估"&"困境反转"企业。1）国产AI服务 ...

Core Insights - The report highlights the significant role of company secretaries (董秘) in connecting investors and listed companies, with a total salary of 4.086 billion yuan for A-share listed company secretaries in 2024, averaging 754,300 yuan per year [1] Salary Overview - The average salary for company secretaries in the machinery and equipment-specialized equipment industry is approximately 635,000 yuan, with the highest salary being 1.8638 million yuan for Xie Yunjiao from Jack Co., and the lowest at 115,600 yuan for Shi Shouyi from Huaxi Technology [1] - In 2024, the average salary increased by 25,200 yuan compared to 2023, representing a growth rate of 9% [3] Salary Changes - Liu Di from Huilong Piston saw a salary increase from 118,400 yuan in 2023 to 359,200 yuan in 2024, marking a 203% increase, the highest in the report [3] - Xie Lizhi from Suda Co. experienced a salary decrease from 1.7673 million yuan in 2023 to 731,400 yuan in 2024, a reduction of 1.0359 million yuan, the largest decrease reported [3] Age Distribution - The average age of company secretaries is approximately 44.29 years, with the majority (38%) aged between 40-49 years [3] - The oldest company secretary is 67 years old, while the youngest is 28 years old, with respective salaries of 910,000 yuan and 760,000 yuan [3] Educational Background - The distribution of educational qualifications among company secretaries includes 5 PhDs, 60 Master's degrees, 77 Bachelor's degrees, and 10 with associate degrees, with average salaries of 748,800 yuan, 713,400 yuan, 579,900 yuan, and 565,200 yuan respectively [5] - The highest salary among PhD holders is 1.1779 million yuan for Fan Jian from Tiandi Technology [5] Compliance Issues - A total of 12 company secretaries received warnings, public notifications, or internal communications regarding compliance issues for the years 2024-2025 [7] - Specific cases include Wu Ruirui from Lanshi Heavy Industry, who received 3 warnings and has a salary of 454,600 yuan, and Wang Liming from *ST Xingnong, who also received 3 warnings with a salary of 300,400 yuan [8][9]