Important Matters - Chengjian Development has achieved a three-day stock increase and holds 18.91 million shares of Century Space, making it the fourth largest shareholder [1] - Lens Technology is a strategic investor in Strong Brain Technology and has exclusively undertaken the mass production of core hardware [1] - Shiyun Circuit is collaborating with brain-machine clients to advance the development of new material numbers [1] - Xinyada has indirectly held shares in Zhongke Aerospace through Xi'an Qingchuan [1] - Chipone Technology has completed the acquisition of Zhudian Semiconductor [1] - Suoling Co., Ltd. has seen a three-day stock increase, with its controlling shareholder's concerted action partner, Tanghe Holdings, successfully bidding for 37.5 million shares of the company [1] - iFlytek's robot super brain platform has achieved multiple technological breakthroughs in multi-modal noise reduction and has formed extensive collaborations with Yushu and Zhiyuan [1] Investment Operations - ZTE Corporation has conducted NTN technology trials and achieved breakthroughs, providing comprehensive satellite payload products [1] - Chaojie Co., Ltd. expects rapid growth in revenue from commercial aerospace-related businesses by 2026 [1] - Xinyi Chang plans to launch its second-generation wheeled robot before the 2026 Spring Festival, with three robot products expected to enter mass production in the second half of 2026 [1] - Zhejiang Xiantong is collaborating with Haohai Starry Sky and Qiteng Robotics, with robots expected to roll off the production line by the end of March [1] - Fengzhushou is placing significant emphasis on opportunities in commercial aerospace and aviation internet development, clearly positioning it as a fourth growth curve [1] - Chaoying Electronics has adjusted the investment amount for its AI computing high-end printed circuit board expansion project from 1.468 billion to 3.315 billion yuan [1] Contracts and Collaborations - Guoji Jinggong is focusing on new business areas, particularly in commercial aerospace bearings and humanoid robot bearings [1] - iFlytek's robot super brain platform has achieved multiple technological breakthroughs and has formed extensive collaborations with Yushu and Zhiyuan [1] - Desay SV Automotive has established strategic partnerships with several well-known robotics companies [1] - Tuobang Co., Ltd. has deepened cooperation with UBTECH in related business areas [1] - Fushite has signed a strategic cooperation agreement with Jiangxi Copper [1] - Robotech's subsidiary ficonTEC has signed a full automatic OCS packaging line order with a Swiss client [1] - Times New Materials has signed a sales contract for wind turbine blades worth approximately 3.32 billion yuan [1]

Group 1 - The 2026 International Consumer Electronics Show (CES 2026) in Las Vegas showcases advancements in humanoid robots from companies like Boston Dynamics and UTree Technology, with major tech firms launching next-generation humanoid robots [1] - Qualcomm introduced a next-generation robotics architecture that integrates hardware, software, and composite AI, along with a new high-performance robotics processor aimed at industrial AMRs and full-sized humanoid robots [1] - Hyundai Motor Group's Boston Dynamics presented a mass-production version of the Atlas humanoid robot, with plans to integrate it into a global network for real-world tasks starting in 2028 [1] Group 2 - Domestic companies are accelerating their entry into the humanoid robot sector through mergers, fundraising, and strategic collaborations, covering the entire industry chain from core components to applications [2] - By 2025, several humanoid robot manufacturers, including UTree Technology and UBTECH, are expected to achieve mass production, with more companies expanding capacity in 2026 [2] - Tesla is projected to produce between 50,000 to 100,000 humanoid robots in 2026, marking the industry’s transition into a phase of mass production and commercial exploration [2] Group 3 - The humanoid robot market is expected to reach $5 trillion by 2050, with a deployment of 1 billion units, indicating significant market potential that attracts automotive companies [3] - There are 31 humanoid robot concept stocks predicted to have a net profit growth rate exceeding 20% in 2026 and 2027, according to consensus from five or more institutions [3] - Stocks with over 30% upside potential include Zhiwei Intelligent, Softcom Power, Zhenyu Technology, Leisai Intelligent, and Xiangxin Technology, with Zhiwei Intelligent having the highest upside at 43.6% [3] Group 4 - As of January 6, five stocks have a rolling P/E ratio below 40, including Huqin Technology, Jihong Co., Tuobang Co., Dechang Co., and Jiechang Drive [4] - Huqin Technology has the lowest rolling P/E ratio at 24.25, with expectations of continued revenue growth in data business and optimization of product structure [4]

Core Viewpoint - The company has established a deep collaboration with UBTECH in the humanoid robot sector, focusing on the development of next-generation dexterous hand drive components [1] Group 1: Collaboration and Innovation - The company is working with leading firms in the robotics and dexterous hand industry to co-develop new drive components based on hollow cup motors [1] - A new integrated system called the "Lingdriven Micro Engine" has been successfully launched, which combines core components such as hollow cup motors, gearboxes, lead screws, and encoders [1] Group 2: Product Features and Benefits - The new system significantly enhances product energy density and greatly reduces installation space [1] - The dexterous hand can achieve both "small size" and "high output," allowing for the installation of 15 or more units within a single palm [1]

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The restaurant industry in China is experiencing a slowdown in revenue growth, with a significant decline in growth rate from 2023 to 2024, dropping from 20.4% to 5.3% and further to 3.3% in 2025 [2][3] - The number of restaurant outlets has decreased by 3.8% year-on-year as of Q3 2025, indicating a shift towards a saturated market with intensified competition [4] - The chain restaurant rate is projected to increase from 23% in 2024 to 25% in 2025, highlighting a trend towards consolidation and brand expansion [4][6] Summary by Sections Revenue Trends - In 2024, the total restaurant revenue in China reached 5.57 trillion yuan, with a year-on-year growth of 5.3%, a decline of 15.1 percentage points from 2023 [2] - By November 2025, the revenue exceeded 5.2 trillion yuan, with a further decline in growth rate to 3.3% [2] Market Dynamics - The restaurant industry is entering a phase of stock competition, with over 7.7 million outlets reported in Q3 2025, a decrease from the previous year [4] - The chain restaurant rate has been steadily increasing, with predictions indicating a rise to 25% in 2025 [4][6] Labor Challenges - Rising labor costs and a shortage of skilled workers are significant challenges for restaurant brands, with the average salary for chefs and service staff reaching 6,696 yuan and 4,851 yuan respectively in Q3 2025 [7][8] - Labor costs account for 28.6% of total expenses, with projections indicating this could exceed 35% due to rising minimum wage standards [9] Technological Adoption - To address labor challenges, restaurant brands are increasingly adopting smart equipment and semi-finished products to enhance efficiency and reduce costs [12] - The introduction of smart cooking robots, such as the Chef AI Cooking Robot-F3, is gaining traction as a solution to improve operational efficiency and standardize food quality [13][17] Product Features of Chef AI Cooking Robot-F3 - The Chef AI Cooking Robot-F3 features advanced cooking technology, including a three-layer composite pot and high-temperature cooking capabilities, which enhance food quality and reduce reliance on skilled labor [17][18] - The robot's user-friendly interface and automatic cleaning functions significantly lower training costs and operational complexity for staff [20] Application Scenarios - In various restaurant settings, such as fast-casual dining and traditional Chinese cuisine, the Chef AI Cooking Robot-F3 has demonstrated its ability to improve efficiency, reduce labor needs, and enhance revenue [21][24][25] - For instance, a fast-casual brand reported a 30% to 50% increase in revenue after implementing the robot, while a traditional Chinese restaurant saw a threefold increase in dish sales [24][25] Company Overview - Topband Co., Ltd., established in 1996, is a leading player in the smart control industry, focusing on the development and production of smart cooking robots under the Chef brand [30][31]

Group 1 - Humanoid robots are emerging as a highly promising frontier in technology, attracting attention from global tech giants and investors [1] - The 2026 CES will showcase a significant number of humanoid robots, with companies like Boston Dynamics and others presenting their latest advancements [2] - The CEO of Creative Strategies highlighted that the CES will feature a surge in humanoid robots, particularly from China, indicating a robust ecosystem [2] Group 2 - Hyundai Motor Group announced that Boston Dynamics will showcase a mass-produced version of the Atlas humanoid robot at CES 2026, aiming to integrate it into their global network for practical tasks [3] - The humanoid robot industry is entering a mass production phase, with several companies expected to achieve production milestones by 2025 and 2026 [4] - Tesla is projected to produce between 50,000 to 100,000 humanoid robots by 2026, marking the industry’s transition into a phase of mass production and commercial exploration [4] Group 3 - A significant number of A-share market stocks are positioned within the humanoid robot industry, with 31 stocks expected to see net profit growth exceeding 20% in 2026 and 2027 [5] - Stocks such as Zhimi Intelligent and Softcom Power are identified as having substantial upside potential, with predicted price increases exceeding 30% [5] - Zhimi Intelligent leads with a projected upside of 46.17%, focusing on embodied intelligence and various robotic applications [5][6] Group 4 - The rolling P/E ratio for Huqin Technology is noted to be the lowest at 24.3 times, with expectations of continued revenue growth in AI and server sectors [6] - The report indicates that the humanoid robot market is expected to reach a size of $5 trillion by 2050, with a deployment of 1 billion units, suggesting a significant market opportunity [4]

每经AI快讯，1月6日，拓邦股份（002139）公告，公司拟使用不超过人民币200000万元自有资金购买 安全性较高、流动性较好的理财产品，包括但不限于结构性存款、通知存款、大额存单、收益凭证等， 投资期限不超过36个月，上述额度范围内可滚动使用。本次事项已经公司第八届董事会第二十三次会议 审议通过，无需提交股东会审议。 ...

南财智讯1月6日电，拓邦股份公告，公司拟使用不超过人民币200000万元自有资金购买安全性较高、流 动性较好的理财产品，包括但不限于结构性存款、通知存款、大额存单、收益凭证等，投资期限不超过 36个月，上述额度范围内可滚动使用。本次事项已经公司第八届董事会第二十三次会议审议通过，无需 提交股东会审议。 ...

证券代码：002139 证券简称：拓邦股份 公告编号：2026003 深圳拓邦股份有限公司 关于使用自有资金进行委托理财的公告 重要内容提示： 1、投资种类 在使用期限及额度范围内，拟购买安全性较高、流动性较好且期限不超过 36 个月的银行、证券公司等金融机构发行的理财产品，包括但不限于结构性存 款、通知存款、大额存单、收益凭证等。 2、投资金额 不超过人民币 200,000 万元，上述额度范围内可以滚动使用。 3、特别风险提示 公司进行委托理财时，将选择安全性较高、流动性较好的投资产品，明确投 资产品的金额、期限、投资品种、双方的权利义务及法律责任等；产品必须选择 具有合法经营资格的金融机构进行交易，但金融市场受宏观经济的影响较大，投 资收益具有不确定性，敬请广大投资者注意投资风险。 根据《深圳证券交易所股票上市规则》《深圳证券交易所上市公司自律监管 指引第 1 号—主板上市公司规范运作》《公司章程》等相关规定，该事项在公司 董事会决策范围内，无需提交公司股东会审议，亦不构成关联交易。现将相关事 项公告如下： 一、本次决定使用自有资金进行委托理财的基本情况 1、投资理财产品的目的 本公司及董事会全体成员保证 ...

证券代码：002139 证券简称：拓邦股份 公告编号：2026004 深圳拓邦股份有限公司 关于开展远期外汇交易业务的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 深圳拓邦股份有限公司（简称"公司"）于2026年1月5日召开第八届董事会 第二十三次会议，审议通过了《关于开展远期外汇交易业务的议案》，为有效规 避和防范外汇市场风险，公司拟开展远期外汇交易业务，预计在未来12个月内动 用交易保证金和权利金上限（包括为交易而提供的担保物价值、预计占用的金融 机构授信额度、为应急措施所预留的保证金等，下同）不超过3,000万美元（或其 他等值外币）；任一时点的交易金额（含前述投资的收益进行再投资的相关金额） 不超过30,000万美元（或其他等值外币），且期限内交易金额在上述额度范围内 可滚动实施，有效期为自董事会审议通过之日起不超过12个月。现将相关事项公 告如下： 一、公司开展远期外汇交易业务的目的 2022年度至2025年1-6月，公司境外销售收入占主营业务收入总额的50%以上， 主要采用美元、欧元、港币、越南盾、印度卢比、日元等进行结算。在人民币对 外币 ...

证券代码：002139 证券简称：拓邦股份 公告编号：2026002 深圳拓邦股份有限公司 关于 2026 年度日常关联交易预计的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 一、日常关联交易基本情况 1、日常关联交易概述 深圳拓邦股份有限公司（以下简称"公司"）于 2026 年 1 月 5 日召开第八 届董事会第二十三次会议，审议通过了《关于与深圳市吉之光电子有限公司签订 <采购框架协议>的议案》，根据日常经营需要，公司、公司子公司惠州拓邦电气 技术有限公司、深圳市拓邦锂电池有限公司、深圳拓邦供应链服务有限公司（简 称"公司及子公司"）与深圳市吉之光电子有限公司（简称"吉之光"）签订了 2026 年度采购总额不超过人民币 3,400.00 万元的《采购框架协议》。2025 年度 公司及子公司向吉之光实际采购金额合计为 1,864.02 万元（含税，未经审计）。 公司第八届董事会第二十三次会议就《关于与深圳市吉之光电子有限公司签 订<采购框架协议>的议案》表决时，关联董事武永强回避表决，非关联董事以同 意 6 票、反对 0 票、弃权 0 票通过了该议案 ...