Group 1 - The robot industry is experiencing a wave of capitalization, with companies like Hangzhou Yundongchu Technology Co., Ltd. preparing for IPOs, indicating a strong market interest and growth potential [1] - Yundongchu Technology, established in 2017, focuses on the research, production, and sales of quadruped and humanoid robots, and has recently completed a shareholding reform to facilitate its entry into the capital market [1] - Several leading robot companies have accelerated their A-share listing processes, with companies like Leju Intelligent and Yushu Technology making significant progress in their IPO preparations [1] Group 2 - Some companies are opting for mergers and acquisitions as an alternative entry strategy, exemplified by Zhejiang Fenglong Electric Co., Ltd. planning to sell approximately 43% of its shares to the Hong Kong humanoid robot leader UBTECH Robotics [2] - The A-share market offers higher valuation levels compared to the Hong Kong market, providing technology companies with better financing efficiency and access to a larger pool of investors [2] - The humanoid robot market in China is projected to see significant growth, with total orders exceeding 2 billion yuan by the second half of 2025, driven by demand from industrial, commercial services, and data center sectors [2] Group 3 - Policy support from the China Securities Regulatory Commission is facilitating the capitalization of robot companies, with various measures aimed at enhancing the development of technology enterprises [3] - The entry of capital is expected to accelerate the development and integration of the humanoid robot industry, allowing companies with sustainable financing capabilities to expand their ecological advantages through mergers [3] - Future strategies for robot companies should focus on developing vertical solutions, building open-source hardware and software standards, and engaging in ethical and regulatory discussions to create sustainable competitive advantages [3]

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 来源：中国基金报 【导读】锋龙股份披露股票交易异常波动公告，强调优必选三年内不会借壳上市 中国基金报记者 若文 在股价连续三日涨停后，12月28日，锋龙股份披露股票交易异常波动公告，再次强调优必选三年内不会 借壳上市。 在近三个交易日内，锋龙股份累计涨幅达33.15%。截至2025年12月26日，锋龙股份收盘价为23.82元/ 股，静态市盈率为1133.22，市净率为5.48。根据中上协行业分类，截至2025年12月26日，锋龙股份所属 专用设备制造业静态市盈率为39.53，市净率为3.68。 在公告中，锋龙股份强调，未来36个月内，优必选不存在通过上市公司重组上市的计划或安排；未来12 个月内，优必选不存在资产重组计划。 此外，锋龙股份称，优必选暂无在未来12个月内改变上市公司主营业务或者对上市公司主营业务做出重 大调整的明确计划，以及在未来12个月内对上市公司及其子公司的重大资产和业务进行出售、合并、与 针对主营业务，锋龙股份表示，该次交易完成之后，公司仍以原有业务为主，基本面不会发生重大变 化；优必选将努力优化上市公司管理及资源配 ...

Core Viewpoint - Fenglong Co., Ltd. disclosed an announcement regarding abnormal stock trading fluctuations, emphasizing that UBTECH will not pursue a backdoor listing within the next three years [2][6]. Group 1: Stock Performance - In the last three trading days, Fenglong Co., Ltd. experienced a cumulative increase of 33.15% [4]. - As of December 26, 2025, the closing price of Fenglong Co., Ltd. was 23.82 yuan per share, with a static price-to-earnings ratio of 1133.22 and a price-to-book ratio of 5.48 [4]. Group 2: Acquisition Details - On December 24, UBTECH announced plans to invest 1.665 billion yuan to acquire 9.395 million shares of Fenglong Co., Ltd., representing 43% of the total share capital, thereby gaining control [7]. - Following the completion of this transaction, the controlling shareholder of Fenglong Co., Ltd. will change from Chengfeng Investment to UBTECH, with the actual controller changing to UBTECH's founder and chairman, Zhou Jian [7]. Group 3: Business Strategy and Future Plans - UBTECH stated that this strategic acquisition is a significant move to enhance its industrial chain layout and strengthen its core competitiveness [7]. - After the acquisition, Fenglong Co., Ltd. will remain focused on its original business, with no major changes expected in its fundamentals [6]. - UBTECH aims to leverage its technological advantages in humanoid robots and Fenglong Co., Ltd.'s manufacturing and supply chain capabilities to deepen industrial collaboration and promote the commercialization of humanoid robot technology [7]. Group 4: Recent Developments - On December 28, UBTECH announced winning bids for two projects: the Huizhou Huizhong District Humanoid Robot Data Collection Center project and the Hohhot Embodied Intelligence Technology Center equipment procurement project, with total bid amounts exceeding 130 million yuan [7]. - As of now, UBTECH's total order amount for humanoid robots in 2025 has approached 1.4 billion yuan, with the 1000th Walker S2 robot rolling off the production line in Liuzhou, achieving an annual production capacity of 1,000 units [9].

Group 1 - The core point of the news is that UBTECH Robotics plans to acquire approximately 43% of the shares of Fenglong Co., Ltd. for a total consideration of about 1.665 billion yuan, which will make UBTECH the controlling shareholder of Fenglong [1] - Following the announcement, Fenglong's stock price experienced a continuous increase, hitting the daily limit on December 25 and 26, with a cumulative increase exceeding 20% [1] - As of December 26, Fenglong's closing price was 23.82 yuan per share, with a static price-to-earnings ratio of 1133.22 and a price-to-book ratio of 5.48, compared to the industry averages of 39.53 and 3.68 respectively [1] Group 2 - UBTECH, a leading company in the humanoid robotics sector, went public on the Hong Kong Stock Exchange on December 29, 2023, and has secured nearly 1.4 billion yuan in orders for humanoid robots this year [2] - After the acquisition, Fenglong will maintain its original business focus, and UBTECH aims to enhance the management and resource allocation of the listed company, although there are uncertainties regarding business transformation and future collaborations [2] - UBTECH has no plans to change the main business of Fenglong or to undertake significant asset restructuring within the next 12 months, nor does it plan to pursue a backdoor listing through Fenglong within the next 36 months [2] Group 3 - The year 2025 is anticipated to be the "commercialization year" for humanoid robots, with companies striving to secure industry orders and achieve practical applications and mass production [3] - UBTECH's financial report indicates projected revenues of 1.305 billion yuan and 621 million yuan for 2024 and the first half of 2025, respectively, with net losses of 1.124 billion yuan and 414 million yuan [3] - Research and development expenses for UBTECH are expected to be 478 million yuan and 218 million yuan for 2024 and the first half of 2025, accounting for 36.6% and 35.1% of revenue, respectively [3]

该次交易完成之后，公司仍以原有业务为主，基本面不会发生重大变化；优必选将努力优化上市公司管 理及资源配置，提升上市公司持续经营能力和盈利能力，但公司转型升级存在不确定性，未来业务合作 亦存在不确定性。 锋龙股份在公告中表示，优必选暂无在未来12个月内改变上市公司主营业务或者对上市公司主营业务做 出重大调整的明确计划，以及在未来12个月内对上市公司及其子公司的重大资产和业务进行出售、合 并、与他人合资或合作的明确计划，或上市公司拟购买或置换重大资产的明确重组计划。未来36个月 内，优必选不存在通过上市公司重组上市的计划或安排；未来12个月内，优必选不存在资产重组计划。 北京商报讯（记者 马换换 王蔓蕾）受优必选拟入主消息影响而股价大涨的锋龙股份（002931），于12 月28日晚间披露股票交易异常波动公告显示，未来36个月内，优必选不存在通过上市公司重组上市的计 划或安排。 交易行情显示，在停牌前的12月17日，以及复牌后的12月25日、26日，锋龙股份接连斩获三个涨停板， 区间累计涨幅33.15%。截至12月26日收盘，公司股价收于涨停价23.82元/股，总市值52.05亿元。 ...

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 12月28日，锋龙股份披露股票交易异常波动公告，再次强调优必选三年内不会借壳上市。 值得注意的是，锋龙股份已经三连板，停牌前涨停，复牌后连续无量涨停，累计涨幅达33.15%。 回溯来看，12月24日晚，优必选公告称，拟斥资16.65亿元，收购锋龙股份9395万股股份（占总股本的 43%），取得其控制权。本次交易完成后，锋龙股份控股股东将由诚锋投资变更为优必选，实际控制人 由董剑刚变更为优必选创始人、董事会主席周剑。 锋龙股份称，优必选暂无在未来12个月内改变上市公司主营业务或者对上市公司主营业务做出重大调整 的明确计划，以及在未来12个月内对上市公司及其子公司的重大资产和业务进行出售、合并、与他人合 资或合作的明确计划，或上市公司拟购买或置换重大资产的明确重组计划。未来36个月内，优必选不存 在通过上市公司重组上市的计划或安排；未来12个月内，优必选不存在资产重组计划。 主营业务上，锋龙股份表示，该次交易完成之后，公司仍以原有业务为主，基本面不会发生重大变化； 优必选将努力优化上市公司管理及资源配置，提升上市公司持续经营能力和盈利能力， ...

每经AI快讯，12月28日，锋龙股份（002931）(002931.SZ)发布异动公告，控制权变更事项完成后，公 司仍以原有业务为主，基本面不会发生重大变化；优必选将努力优化上市公司管理及资源配置，提升上 市公司持续经营能力和盈利能力，但公司转型升级存在不确定性，未来业务合作亦存在不确定性。优必 选暂无在未来12个月内改变上市公司主营业务或者对上市公司主营业务做出重大调整的明确计划，以及 在未来12个月内对上市公司及其子公司的重大资产和业务进行出售、合并、与他人合资或合作的明确计 划，或上市公司拟购买或置换重大资产的明确重组计划。未来36个月内，优必选不存在通过上市公司重 组上市的计划或安排；未来12个月内，优必选不存在资产重组计划。 ...

智通财经APP讯，锋龙股份(002931.SZ)公告称，优必选暂无在未来12个月内改变上市公司主营业务或者 对上市公司主营业务做出重大调整的明确计划，以及在未来12个月内对上市公司及其子公司的重大资产 和业务进行出售、合并、与他人合资或合作的明确计划，或上市公司拟购买或置换重大资产的明确重组 计划。未来36个月内，优必选不存在通过上市公司重组上市的计划或安排;未来12个月内，优必选不存 在资产重组计划。该次交易完成之后，公司仍以原有业务为主，基本面不会发生重大变化;优必选将努 力优化上市公司管理及资源配置。 ...

锋龙股份（002931）(002931.SZ)公告称，优必选暂无在未来12个月内改变上市公司主营业务或者对上 市公司主营业务做出重大调整的明确计划，以及在未来12个月内对上市公司及其子公司的重大资产和业 务进行出售、合并、与他人合资或合作的明确计划，或上市公司拟购买或置换重大资产的明确重组计 划。未来36个月内，优必选不存在通过上市公司重组上市的计划或安排;未来12个月内，优必选不存在 资产重组计划。该次交易完成之后，公司仍以原有业务为主，基本面不会发生重大变化;优必选将努力 优化上市公司管理及资源配置。 ...

人民财讯12月28日电，锋龙股份（002931）12月28日发布股票交易异常波动公告，公司股票交易价格连 续2个交易日收盘价格涨幅偏离值累计超过20%。优必选暂无在未来12个月内改变上市公司主营业务或 者对上市公司主营业务做出重大调整的明确计划，以及在未来12个月内对上市公司及其子公司的重大资 产和业务进行出售、合并、与他人合资或合作的明确计划，或上市公司拟购买或置换重大资产的明确重 组计划。未来36个月内，优必选不存在通过上市公司重组上市的计划或安排；未来12个月内，优必选不 存在资产重组计划。 ...