相关上市企业：汇川技术（300124）、三花智控（002050）、宏发股份（600885）、欣锐科技 （300745）、华域汽车（600741）、盾安环境（002011）、拓普集团（601689）、比亚迪（002594）、 理想汽车-W（02015）等。 相关企业：佛山华鹭自动控制器有限公司、苏州不二工机有限公司、浙江恒森实业集团有限公司、上海 恒温控制器厂有限公司、浙江新劲空调设备有限公司、河南科隆制冷科技有限公司等。 关键词：汽车电子膨胀阀行业产业链、汽车电子膨胀阀行业市场规模、汽车电子膨胀阀行业竞争格局、 汽车电子膨胀阀行业发展趋势 一、汽车电子膨胀阀行业相关概述 汽车电子膨胀阀是现代汽车空调系统中的核心控制部件之一。它通过精准调节制冷剂的流量，实现对车 内温度的高效控制。相比传统热力膨胀阀，电子膨胀阀响应更快、精度更高，能根据环境温度、蒸发器 出口温度等信号实时调整开度，提升制冷效率的同时降低能耗。这一技术广泛应用于新能源车与高端燃 油车型中，是智能温控的重要组成部分。️ 汽车电子膨胀阀和传统热力膨胀阀的对比 汽车电子膨胀阀主要分为电磁式电子膨胀阀和电动式电子膨胀阀两种，其中电磁式电子膨胀阀利用电磁 ...

中新社曼谷2月23日电 (李映民 刘宇博)泰国投资委员会秘书长那里·特斯迪拉素迪23日表示，该委员会已 批准5家中国企业在泰投资设厂，生产人形机器人结构框架及关节、手臂和手指控制系统。 这5家公司首期投资总额超过100亿泰铢，计划聘用逾1000名泰国高技能人才。项目投产后，预计每年在 泰采购原材料及零部件金额将超过450亿泰铢。 那里·特斯迪拉素迪表示，当前正值泰国培育未来经济新增长引擎的关键阶段。在电动汽车、半导体与 高端电子、数字产业及生物产业等领域已有全球企业加快布局的基础上，人形机器人核心零部件制造正 成为新的投资热点。这不仅有助于扩大泰国既有工业零部件制造优势，也将为未来机器人及自动化产业 集群奠定基础。(完) 这5家企业分别为杭州新剑机电传动股份有限公司、东莞贝特科技股份有限公司、浙江三花智控股份有 限公司、宁波拓普集团股份有限公司和宁波旭升集团股份有限公司。 据介绍，上述企业将生产高精度金属部件、运动系统及高效传动组件，主要客户为特斯拉，同时还将为 苹果、三星、华为等企业供货。 ...

2月23日，港股市场迎来马年第二个交易日，机器人概念板块（887755.WI）表现亮眼，截至午盘大涨 1.76%。成分股中，ASMPT（05522.HK）大涨5.27%，华虹半导体（1347.HK）大涨4.83%，耐世特、金 力永磁、天工国际等个股跟涨。 | < W | [HK]人形机器人指数(887755) | | | | --- | --- | --- | --- | | | 1743.45 30.20 +1.76% | | | | 済設 | 成分 | 资讯 | 相关基金 | | 名称 | 现价 | | 涨跌幅÷ | | ASMPT | 110.900 | | 5.72% | | 0522.HK | | | | | 农虹未营体 | 98.700 | | 4.83% | | 1347.HK | | | | | 中芯国际 | 70.750 | | 4.51% | | 0981.HK | | | | | 耐世特 | 8.020 | | 3.75% | | 1316.HK | | | | | 比亚迪电子 | 33.500 | | 3.46% | | 0285.HK | | | | | 三一国际 | 15.410 ...

Group 1 - The Hong Kong stock market experienced a decline on the first trading day of the Year of the Horse, with the Hang Seng Technology Index falling by 2.28% and the Hang Seng Index down by 0.61% [1] - Internet technology stocks faced pressure, while the semiconductor sector also weakened [1] - In contrast, the robotics sector showed strong performance, with companies like Yujian rising over 19% and UBTECH increasing by over 6% [1] Group 2 - The surge in the robotics sector is closely linked to the "robot effect" from the 2026 CCTV Spring Festival Gala, which featured a high density of humanoid robots [2] - The Spring Festival Gala significantly boosted consumer interest, with JD.com reporting a 300% increase in robot search volume and a 150% increase in order volume within two hours of the gala [1][2] - The Beijing Economic and Information Technology Bureau noted that the city has over 30 humanoid robot manufacturers, positioning it among the top in the country [2] Group 3 - The East Wu Securities mechanical research team highlighted that advancements in core robotic capabilities are crucial for the industry's growth and transition from laboratory to factory settings [2] - The period from 2021 to 2025 is seen as foundational for the robotics industry, with 2026 expected to mark a significant shift towards large-scale production by leading companies [2] - Public funds have been actively researching the robotics supply chain, with major firms like Jiashi Fund and E Fund participating in investor activities [2]

2月20日，港股迎来马年首个开市日。截至记者发稿，港股恒生指数、恒生科技指数、恒生中国（香港 上市）100、恒生中国（香港上市）30指数集体走弱，其中恒生科技指数跌超2%。 | 名称 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | | 恒生指数 恒生科技 | 26544.62 | -161.32 - 107 - 1 | -0.60% | | | 5245.10 | -122.42 | -2.28% | 其中，百度集团、金蝶国际、哔哩哔哩一度跌超5%，京东健康、阿里巴巴、网易、泡泡玛特一度跌超 3%。 不过，2月20日上午，港股AI应用概念股集体大涨。其中，海致科技集团盘初一度涨超28%，最高价达 154.4港元/股，续创上市以来新高；智谱一度涨近20%、越疆一度涨超18%、MiniMax一度涨超10%，速 腾聚创盘中涨超10%、优必选一度涨超6%，云迹、三花智控、极智嘉-W一度涨超6%，微创机器人-B、 力劲科技一度涨超5%。 招商证券近期发布的研报指出，AI应用领域近期呈现出技术突破与商业化竞争同步深化的鲜明趋势。 AI应用相关技术迎来核心突破。叠加"人工智能+"行动 ...

港股市场机器人概念股集体走强，其中，越疆涨超18%，速腾聚创涨超11%，首程控股涨9%，优必选涨 近9%，云迹、 三花智控、极智嘉-W涨超6%，微创机器人-B、力劲科技涨超5%。 消息面上，马年春晚 再次将 人形机器人推向舞台中央。多家中国新兴人形机器人初创企业——宇树科技、银河通用、松延 动力和魔法原子在春晚上展示了各自的产品。 春晚期间，抖音电商同步推出"春晚同款"供给，带动相 关话题持续发酵、同款商品稳步热销。抖音电商数据显示，2月16日-18日，抖音电商机器人产品GMV 同比增长1680%，订单量同比增长655%。（格隆汇） ...

Market Overview - On February 20, the Hong Kong stock market opened lower on the first trading day of the Year of the Rabbit, with the Hang Seng Index down by 1.01%, the Hang Seng Tech Index down by 2.17%, and the Hang Seng China Enterprises Index down by 1.1% [1][2]. Sector Performance - AI and robotics sectors showed strong performance, with AI application stocks like Zhizhu rising over 21%, Haizhi Technology Group up 23%, and MINIMAX-WP increasing by 10% [3]. - The semiconductor sector also saw gains, with Lanke Technology rising by 3.22% to a new high of 217.80 HKD, and Tianshu Zhixin increasing by 4.68% to 281.60 HKD, marking a historical high [3]. - The robotics sector experienced significant growth, with companies like Yujian rising over 20% and Sutech increasing nearly 12% [3]. Oil Sector - The oil sector saw a notable surge, with China National Offshore Oil Corporation (CNOOC) rising by 2.23% to 25.70 HKD, achieving a historical high with a total market capitalization of 1,221.52 billion HKD [4]. Technology Sector - The technology sector faced declines, with companies such as Kingdee International down over 5%, Baidu Group down nearly 5%, and Bilibili down nearly 4% [4][5]. Precious Metals - Precious metals experienced adjustments, with spot gold down by 0.11% and spot silver down by 0.29%. Goldman Sachs projected that overall central bank gold purchases and increased exposure from private investors due to potential Fed rate cuts will gradually raise gold prices to 5,400 USD per ounce by the end of 2026 [5][6].

据上市公司公告的投资者关系活动记录表显示，春节前一个月内，除多利科技、奥比中光外，绿的谐 波、步科股份、汇川技术、三花智控、双环传动等机器人产业链企业也频繁出现在公募调研名单中，易 方达、广发、富国、汇添富等头部机构均积极参与。这一现象反映出机构对机器人产业长期发展潜力的 强烈关注。 机构人士表示，近期机器人板块的活跃并非单纯受春晚情绪面驱动。春晚播出后，售价数十万元的高端 机器人销量激增，表明市场需求正从概念走向落地。随着真实订单的涌现，板块估值将获得更强支撑， 产业链企业也有望加速业绩兑现。他进一步指出，机器人作为人工智能与制造业深度融合的载体，其技 术迭代与商业化进程将持续吸引资本关注。 分析人士认为，公募基金春节前密集调研机器人产业链，既是对短期市场热点的响应，更是对长期产业 趋势的押注。随着人口结构变化与制造业转型升级，机器人市场空间广阔，核心零部件、视觉感知、运 动控制等细分领域的技术突破将催生结构性机会。机构通过调研提前布局，旨在捕捉从主题炒作到价值 成长的投资窗口。（水手） 【环球网财经综合报道】春节前夕，公募基金备战节后行情的调研步伐并未停歇。值得注意的是，今年 多家公募机构将目光聚焦于机器 ...

Core Viewpoint - The collaboration between Yushu Technology and Tagou Martial Arts School for the Spring Festival Gala showcased significant advancements in humanoid robotics, leading to a surge in interest and investment in the robotics sector, particularly in related ETFs [1]. Investment Opportunities - The market has seen a more than 300% increase in robot-related searches on JD.com within two hours of the gala, indicating heightened investor interest in the robotics industry [1]. - Two main robotics indices are highlighted: the Guozhen Robotics Industry Index and the Zhongzheng Robotics Index, each with different focuses and compositions [1][2]. Index Characteristics - The Guozhen Robotics Industry Index focuses on humanoid robots and core components, with nearly 80% of its weight in humanoid robot-related companies, suggesting higher sensitivity to market movements in this segment [3]. - The Zhongzheng Robotics Index has a broader coverage, including software and hardware providers for robotics, with approximately 65% weight in humanoid robots [3]. - The Guozhen index has 50 constituent stocks with a more balanced weight distribution, while the Zhongzheng index has 66 stocks with a higher concentration in its top holdings [3][4]. Performance Metrics - The Guozhen Robotics Industry Index has shown a return of +23.52% over the past year, while the Zhongzheng Robotics Index has returned +21.09% [2]. - The top ten holdings in both indices include companies like Greentec, iFlytek, and Top Group, with the Guozhen index featuring unique companies like Sanhua Intelligent Control [3][4]. Investment Strategy - Investors are advised to choose between the two indices based on their investment goals and risk tolerance, with the Guozhen Robotics Industry Index being a preferable option for those targeting humanoid robotics specifically [5].

Core Viewpoint - The tax authorities in Guangdong, Zhejiang, and Jilin have released typical compliance cases for enterprises in various industries, aiming to promote tax compliance and risk management among businesses, thereby fostering a fair tax environment and supporting high-quality economic development [1][4][7]. Group 1: Guangdong Electronic Information Industry - Guangdong's electronic information industry has been the largest in China for several years, contributing about one-quarter to the province's industrial economy, and is part of a trillion-yuan industrial cluster [2]. - The Guangdong Provincial Taxation Bureau has published typical compliance cases to provide practical references for electronic information enterprises, guiding them to enhance overall compliance levels [2]. - An example includes Fangbang Electronics, which integrated tax compliance requirements into contract reviews, ensuring clarity on tax obligations in contracts with foreign partners [2]. Group 2: Zhejiang Advanced Manufacturing Industry - Zhejiang's advanced manufacturing sector is supported by innovation and is crucial for building a modern industrial system, with tax compliance being a key factor for many enterprises [4]. - The Zhejiang Provincial Taxation Bureau has released five typical compliance cases from advanced manufacturing companies, including Sanhua Intelligent Controls, which has improved invoice review efficiency through a digital integration system [4]. - Sanhua Intelligent Controls reported a tax payment of 370 million yuan in 2025, showcasing the financial impact of their compliance efforts [4]. Group 3: Jilin Ice and Snow Industry - Jilin Province, located in a prime ice and snow region, is leveraging ice and snow sports and tourism to drive winter consumption and industrial upgrades [7]. - The Jilin Provincial Taxation Bureau has published five compliance cases in the ice and snow industry, promoting tax compliance awareness among businesses [7]. - Changbai Mountain Tourism Company, recognized for its compliance, provides tax guidance to its subsidiaries and conducts tax health checks to mitigate risks [7].