凌云光公告称，公司拟向特定对象发行股票募资不超6.95亿元，用于收购JAI100%股权，总投资7.87亿 元，不足部分自筹。 ...

11月17-18日，在北京中关村国家自主创新示范区展示中心，以"具身引智、应用未来"为主题的2025年第二届中关村具身智能机器人应用大赛圆满收官。本届大 赛由中关村科学城管理委员会主办，北京智源人工智能研究院、立德机器人平台（机器人大讲堂）共同承办，汇聚了国内外顶尖的科研团队、创新企业及行业专 家，通过为期数月的激烈角逐与深度交流，成功展示了具身智能机器人技术的前沿成果与应用潜力，为培育新质生产力、构建未来产业生态注入了强劲动能。 ▍各赛道竞技精彩纷呈，技术突破备受关注 本届大赛三大核心赛道各具特色，充分展现了具身智能领域的技术突破与应用潜力。 第一赛道具身智 能模型能力 挑战赛 聚焦"具身大脑"与"具身小脑"的核心能力突破。"具身大脑大模型能力挑战赛" 是基于 RoboBrain2.0 模型进行微调优化与性 能提升，围绕空间理解、感知理解、预测推理、任务规划等关键维度，考察参赛团队如何基于 RoboBrain 2.0 模型开展数据设计、模型微调与综合性能优化，旨 在推动具身大脑模型的迭代升级，打造更高效、更精准、更聪明的具身"思考中枢"。 大赛开幕式上，中关村科 学城管委会产业促进四处处长姜大宽出席了会议并 ...

Core Viewpoint - Lingyun Guang has announced the completion of the "Industrial Artificial Intelligence Algorithm and Software Platform R&D Project" and will allocate approximately 59.65 million yuan of surplus fundraising to the construction of the "Industrial Artificial Intelligence Taihu Industrial Base" project [2][3]. Fundraising and Allocation - The total net fundraising from the initial public offering and overallotment was 2.0805456 billion yuan, with 900 million shares issued initially and an additional 275.2623 million yuan raised through overallotment [2]. - The fundraising was primarily directed towards five major projects, including the Taihu Industrial Base (planned investment of 800.8208 million yuan) and the algorithm and software platform project (planned investment of 290 million yuan) [2]. Project Completion and Surplus Funds - The "Industrial Artificial Intelligence Algorithm and Software Platform R&D Project" has completed all R&D work and met its expected goals, with a total investment of 238.7489 million yuan against a commitment of 290 million yuan, resulting in a surplus of approximately 59.65 million yuan [3]. - The surplus was achieved through prudent spending management and effective cash management of temporarily idle funds, which generated investment income [3]. Future Plans for Surplus Funds - The surplus funds will be fully utilized for the construction and capital expenditures of the "Industrial Artificial Intelligence Taihu Industrial Base," which has a total investment of 1.2 billion yuan and aims to produce 23,000 sets of intelligent vision systems annually, generating over 3 billion yuan in annual output value [3]. - The base is located in Suzhou and is designed to integrate research, production, and sales, focusing on visual and image processing and AI deep learning [3]. Fund Management and Compliance - Once the pending payments for the completed project are settled and the surplus funds are allocated, the company will close the relevant fundraising accounts and terminate the corresponding supervision agreements to ensure a closed-loop fund flow [4]. - The decision to reallocate surplus funds is based on actual project implementation and aims to optimize resource allocation and improve fund utilization efficiency, aligning with the company's long-term development strategy [4].

Core Viewpoint - Yushu Technology has completed its IPO guidance work and plans to apply for an IPO in China, marking a significant step towards becoming the first humanoid robot company listed in A-shares, which is expected to drive new development opportunities in the entire robotics industry chain [1] Group 1: IPO and Market Potential - The completion of Yushu Technology's IPO guidance reflects the accelerated capitalization of the robotics industry, showcasing a precise match between capital efficiency and technology cycles [1] - Yushu Technology's post-C round financing valuation reached 12 billion yuan, with major investments from China Mobile, Tencent, Alibaba, and others [1] - The market size for embodied intelligence in China is projected to reach 5.295 billion yuan by 2025, accounting for approximately 27% of the global market, while the humanoid robot market is expected to reach 8.239 billion yuan, representing about 50% of the global market [1] Group 2: Industry Collaboration and Supply Chain - The IPO of Yushu Technology is anticipated to lead to increased orders for related supply chain companies, fostering a positive ecosystem through upstream and downstream collaboration [2] - The humanoid robot industry encompasses various segments, with core components and sensors, AI algorithms, and application scenarios being critical areas of focus [3] - Yushu Technology's capitalized progress is expected to positively impact its supply chain partners through collaboration in supply chain cooperation, technology research, and market expansion [3] Group 3: Strategic Partnerships - Yushu Technology has established stable partnerships with several listed companies, including Giant Star Legend and Zhongdali De, enhancing its commercial application capabilities [3] - A joint venture, Yuxing Entertainment Technology Co., Ltd., has been formed between Yushu Technology and Giant Star Legend to develop globally influential interactive smart robot products [4] - The first product from this collaboration, "Giant Star Dog," has secured over 120 million yuan in orders, demonstrating the commercial potential of the "IP + robot + AI" integration model [5] Group 4: Supply Chain Contributions - Key suppliers for Yushu Technology include Zhongdali De, which provides core components, and Lingyun Light, which collaborates on developing embodied intelligence solutions [5][6] - Other suppliers include Aobo Zhongguang for 3D visual sensors, Zhaoyi Innovation for NOR Flash chips, and Weilan Lithium for lithium batteries [7] - Companies like iFlytek and Baotong Technology are also collaborating with Yushu Technology to enhance AI voice interaction and develop industrial robots for various applications [9]

证券代码：688400 证券简称：凌云光 公告编号：2025-084 公司于2022年8月5日、2022年8月23日分别召开了第一届董事会第十六次会议、第一届监事会第十三次 会议和2022年第一次临时股东大会，审议通过了《关于使用部分超募资金永久补充流动资金及剩余超募 资金用途的议案》《关于使用超额配售募集资金对部分募投项目增加投资的议案》《关于科技与发展储 备资金的未来具体项目规划的议案》，同意公司将首次公开发行股票超额配售募集资金全部用于向《凌 云光技术股份有限公司首次公开发行股票并在科创板上市招股说明书》中披露的募投项目"科技与发展 储备资金"增加投资，并对"科技与发展储备资金"的使用做了进一步细化，同时公司将使用补充流动资 金后剩余的超募资金（不含超额配售募集资金）用于"基于视觉+AI的虚拟现实融合内容制作中心"项 目。 2023年4月24日，公司召开第一届董事会第二十三次会议和第一届监事会第十九次会议，2023年5月18日 召开2022年年度股东大会，审议通过了《关于调整部分募投项目拟投入募集资金金额及使用暂时闲置募 集资金进行现金管理的议案》，同意调整募投项目"基于视觉+AI的虚拟现实融合内容制作 ...

中国国际金融股份有限公司 关于凌云光技术股份有限公司 部分募投项目结项并将节余募集资金用于其他募投项目事项的 核查意见 中国国际金融股份有限公司（以下简称"中金公司"或"保荐机构"）作为凌 云光技术股份有限公司（以下简称"凌云光"或"公司"）首次公开发行股票并在 科创板上市的保荐机构，根据《证券发行上市保荐业务管理办法》《上市公司募集 资金监管规则》《上海证券交易所科创板股票上市规则》《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》等相关法律、法规和规范性文件的规定， 对凌云光部分募集资金投资项目（以下简称"募投项目"）结项并将节余募集资金 用于其他募投项目事项进行了核查，具体核查情况如下： 一、募集资金的基本情况 根据中国证券监督管理委员会《关于同意凌云光技术股份有限公司首次公开发 行股票注册的批复》（证监许可〔2022〕719号）核准同意，公司首次公开发行人民 币普通股（A股）9,000万股（超额配售选择权行使前），每股发行价格为21.93元。 募集资金总额为人民币197,370.00万元，扣除发行费用（不含增值税）人民币 16,841.67万元，募集资金净额为人民币180,528.33万 ...

证券代码：688400 证券简称：凌云光 公告编号：2025-084 凌云光技术股份有限公司 关于部分募投项目结项 并将节余募集资金用于其他募投项目的公告 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。 凌云光技术股份有限公司（以下简称"公司"）于 2025 年 11 月 17 日召开 了第二届董事会第二十二次会议，全票通过了《关于部分募投项目结项并将节余 募集资金用于其他募投项目的议案》，同意公司募集资金投资项目（以下简称"募 投项目"）"工业人工智能算法与软件平台研发项目"结项，并将节余募集资金 用于其他募投项目。保荐机构中国国际金融股份有限公司（以下简称"保荐机构"） 对上述事项出具了明确同意的核查意见，本议案无需提交股东会审议。 一、募集资金基本情况 根据中国证券监督管理委员会《关于同意凌云光技术股份有限公司首次公开 发行股票注册的批复》（证监许可〔2022〕719号）核准同意，公司首次公开发 行人民币普通股（A股）9,000万股（超额配售选择权行使前），每股发行价格为 21.93元。募集资金总额为人民币197,3 ...

南财智讯11月17日电，凌云光公告，公司于2025年11月17日召开第二届董事会第二十二次会议，审议通 过《关于部分募投项目结项并将节余募集资金用于其他募投项目的议案》，同意将募投项目"工业人工 智能算法与软件平台研发项目"结项，该项目已达到预期目标。截至2025年11月17日，该项目募集资金 承诺投资总额为29,000.00万元，累计投入金额为23,874.89万元，待支付款项为505.32万元，利息收入和 理财产品投资收益扣除手续费后净额为1,345.18万元，预计节余募集资金金额为5,964.97万元。公司拟将 节余资金用于募投项目"工业人工智能太湖产业基地"的工程建设费用和软硬件设备购置费用等资本性支 出。待支付款项完成支付且节余募集资金转出后，公司将注销相关募集资金专户。 ...

2025 年，一场以"具身智能"为核心的全球竞赛，已经全面打响。从全球实验室竞相突破的通用机器人原型， 到各国产业政策密集落地的智能体战略；从跨国巨头重金布局的全栈技术生态，到初创新锐颠覆传统的场景创 新； 从硅谷的实验室到杭州的"六小龙"，在这场定义未来的全球竞赛中，领军企业与变革新星共同勾勒出产 业发展的双主线。 2025 年，中国"十四五"的收官之年，也是"十五五"的酝酿之年，市场呈现出"产融齐升、结构优化"的强劲增长 态势。我们看见，一批深耕多年的中国机器人领军企业，正以硬核的技术积淀与大规模市场场景适配能力，在 全球产业链中奠定"中国分量"；我们亦看见， 一群聚焦于 AI 与机器人融合赛道的创新者，正以颠覆性的构想 与闪电般的成长，在无人区点亮"中国火花"。 2025 年，机器人与 具身智能 不再是业界陌生的 新概念，它正以前所未有的速度从实验室走向产业界 ， 其 也已经不再局限于业内的狂欢，更是全人类关注的共同话题。 如果说过去十年 ， 是人工智能在 " 云端 " 狂 飙突进的十年，那么下一个十年， 更多人开始相信， 将是智能体 " 落地生根 " 的十年。 这个 " 根 " ，便是 各类 机器人的 ...

Core Viewpoint - Yushu Technology Co., Ltd. plans to submit its IPO application in Q4 2025, marking a significant milestone as the first profitable humanoid robot company globally, which is expected to attract attention to the entire humanoid robot industry chain [1] Shareholding/Investment - Juxing Technology holds shares in Yushu Technology through its subsidiary, ensuring clear equity investment and direct asset appreciation [3] - Jing Shan Light Machine participated in Yushu's early investment through an industrial investment fund, though specific shareholding ratios are not disclosed [3] - Shoukai Co., Ltd. indirectly holds approximately 0.85% of shares through the Jinshi Growth Fund, indicating a relatively high indirect shareholding among A-share listed companies [3] - Jinfat Technology holds 4.77% indirectly through the Jinshi Growth Fund and is a leading chemical materials company with over 60% market share in robot shell materials, reporting a 35.5% revenue growth in H1 2025 [3] - Wolong Electric Drive holds 0.1525% indirectly and has seen a 36.76% net profit increase in H1 2025, with a gross margin of 28% [3] - Other companies like Jingxing Paper and Rongsheng Environmental Protection hold minor indirect stakes, primarily for financial investment [3][4] Core Suppliers - Zhongdali De is the core supplier of planetary reducers, with orders locked at 3.2 billion yuan for 2025, accounting for 36% of Yushu's costs [6] - Changsheng Bearings exclusively supplies self-lubricating bearings with over 80% penetration, expecting 8% of its revenue from robot business in 2025 [6] - Aobi Zhongguang is the sole supplier of 3D vision modules, with a supply ratio of 72% and a doubling of revenue in H1 2025 [6] - Lide Technology provides flexible tactile sensors, breaking the monopoly of Korean companies [6] - Weilan Lithium Core is the core supplier of lithium batteries for Yushu, with an expected 60% supply ratio in 2024 [6] Technical Cooperation Partners - iFLYTEK collaborates on developing the "robot brain," with a leading position in voice recognition and a planned R&D investment of 2.392 billion yuan in 2025 [8] - Lingyun Optical is jointly developing the FZMotion motion capture system, achieving high precision and expected stock price growth of over 200% in 2025 [8] - Zhongke Chuangda provides motion control algorithms and holds 1.86% of shares, with strong adaptability in edge computing modules [8] - Other partners include Shuanglin Co., Ltd. and Shengtong Co., Ltd., focusing on various components and educational collaborations in robotics [8][9]