Investment Rating - The report maintains an "Outperform" rating for the industry [4][9]. Core Views - The humanoid robot industry is experiencing rapid development, highlighted by the first global humanoid robot competition, showcasing advancements in technology and efficiency [3][16]. - AI infrastructure is projected to see significant investment, with OpenAI planning to invest trillions in AI infrastructure development [4][18]. - The report emphasizes the importance of domestic production and localization in various sectors, particularly in electronic measurement instruments and low-altitude economy [4][7]. Industry Dynamics - Humanoid Robots: Key developments include the launch of the VLA model G0 by Xinghai Tu, a significant order received by Zhiyuan Robotics, and advancements in robot capabilities such as the Neo Gamma's 45-pound load capacity [1][2][21]. - Brain-Computer Interface: A breakthrough in decoding "inner speech" with a 74% accuracy rate has been achieved [26]. - Low-altitude Economy: Shanghai plans to establish a low-altitude industry fund to support development [27][29]. Company Dynamics - Zhiyuan Robotics has made strategic investments and secured significant orders, indicating strong market positioning [2][20]. - Companies like Songlin Technology and Rongtai Health are forming strategic partnerships to enhance their service offerings in the robotics sector [31][32]. Important Events Preview - Zhiyuan Robotics will launch its full product line on August 18, 2025, and hold a supplier conference on August 21, 2025 [2][33]. Key Company Profit Forecasts and Valuations - Several companies in the humanoid robot and AI infrastructure sectors are rated as "Outperform," with projected earnings per share (EPS) growth and favorable price-to-earnings (PE) ratios [9][35].

风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 8月20日，截止午间收盘，创业50ETF（159682）跌1.73%，报1.134元，成交额1.25亿元。创业50ETF （159682）重仓股方面，宁德时代截止午盘跌1.47%，东方财富跌1.56%，汇川技术跌1.15%，中际旭创 跌4.54%，迈瑞医疗跌0.12%，新易盛跌3.15%，阳光电源跌3.69%，胜宏科技跌6.09%，亿纬锂能跌 0.76%，同花顺跌2.72%。 创业50ETF（159682）业绩比较基准为创业板50指数收益率，管理人为景顺长城基金管理有限公司，基 金经理为汪洋、张晓南，成立（2022-12-23）以来回报为15.66%，近一个月回报为15.73%。 来源：新浪基金∞工作室 ...

Group 1 - The Shanghai Municipal Economic and Information Commission, along with two other departments, released an implementation plan to accelerate the development of "AI + manufacturing," which includes the establishment of "AI + manufacturing" factories and the practical deployment of various types of embodied intelligence, such as humanoid robots, in typical scenarios [1] - The automotive parts ETF closely tracks the CSI Automotive Parts Theme Index, which includes many companies involved in the robotics industry chain, indicating potential benefits from accelerated industry development. The automotive parts ETF saw an increase in early trading [1] - The CSI Automotive Parts Theme Index selects 100 listed companies from the Shanghai and Shenzhen markets that are involved in automotive system components, interior and exterior parts, automotive electronics, tires, etc., reflecting the overall performance of listed companies in the automotive parts theme [1] Group 2 - As of July 31, 2025, the top ten weighted stocks in the CSI Automotive Parts Theme Index (931230) include Huichuan Technology (300124), Fuyao Glass (600660), Sanhua Intelligent Control (002050), Top Group (601689), Sailun Tire (601058), Desay SV (002920), Huayu Automotive (600741), Wanfeng Aowei (002085), Yinlun Co. (002126), and Shuanghuan Transmission (002472), with the top ten stocks accounting for a total of 40.36% of the index [1]

（原标题：汇川技术（300124）重磅发布工业零碳战略 "1+4+X=0 (zero carbon)"，破解工业深度脱碳密 码） 在第四届中国国际储能展览会（EESA）上，工业自动化与能源管理领军企业汇川技术震撼发布其工业 零碳战略——"汇川工业零碳方程式：1+4+X=0 (zero carbon)"，明确将自身定位为"高能耗工业深度脱碳 综合解决方案架构提供者"，成为全场焦点。 汇聚生态核心力量 共启零碳战略 展会首日，汇川技术能源重工业总裁郭立鹏重磅发布"1+4+X=0"工业零碳战略，以创新架构开启产业链 系统发展新篇章。该战略通过装备流、工艺流、能源流、信息流四维协同，构建"双漏斗"生态体系，推 动工业自动化与能源管理深度融合。 战略发布仪式汇聚产业链核心力量，天津钢铁集团能源环保部专员殷宏、沃太能源董事长袁宏亮、储能 领跑者联盟理事长杜笑天、汇川技术能源产品和解决方案总裁冷严冬共同启动战略蓝图。产业巨头与创 新先锋同频共振，以生态合力激活零碳转型，加快推动工业绿色智慧转型步伐。 能源定义制造的时代洞察 郭立鹏强调，高耗能企业在实现低碳转型的过程中，应着重利用自动化和工艺技术来优化能源使用，这 也是汇川 ...

8月13日，第四届中国国际储能展览会（EESA）在上海国家会展中心盛大启幕。作为工业自动化与能源 管理领域的领先企业，汇川技术（300124）以"汇川工业零碳方程式：1+4+X=0 (zero carbon)"为主题重 磅亮相，并正式发布工业零碳战略，定位为"高能耗工业深度脱碳综合解决方案架构提供者"，成为展会 首日焦点。 战略发布：解码高能耗工业脱碳路径 展会首日，汇川技术能源重工业总裁郭立鹏重磅发布"1+4+X=0"工业零碳战略，以创新架构开启产业链 系统发展新篇章。该战略通过装备流、工艺流、能源流、信息流四维协同，构建"双漏斗"生态体系，推 动工业自动化与能源管理深度融合。 战略发布仪式汇聚产业链核心力量，天津钢铁集团能源环保部专员殷宏、沃太能源董事长袁宏亮、储能 领跑者联盟理事长杜笑天、汇川技术能源产品和解决方案总裁冷严冬共同启动战略蓝图。产业巨头与创 新先锋同频共振，以生态合力激活零碳转型，加快推动工业绿色智慧转型步伐。 能源定义制造的大时代 郭立鹏强调，高耗能企业在实现低碳转型的过程中，应着重利用自动化和工艺技术来优化能源使用，这 也是汇川技术在数字化和低碳化转型中的核心策略。他指出，数字化和绿色 ...

Group 1: ETF Performance and Liquidity - The liquidity of the Robot ETF managed by Jiashi has a turnover rate of 8.09%, with a transaction volume of 44.39 million yuan [3] - Over the past week, the average daily transaction volume of the Robot ETF reached 44.26 million yuan [3] - The ETF's scale has increased by 200 million yuan in the past six months, with a share growth of 23.7 million shares this year [3] Group 2: Financial Performance - As of August 18, 2025, the net value of the Robot ETF has risen by 8.92% over the past six months, ranking in the top two among comparable funds [3] - The highest monthly return since inception was 25.78%, with the longest consecutive monthly gains being three months and a maximum increase of 37.12% [3] - The average return during the rising months is 8.93% [3] Group 3: Key Holdings - As of July 31, 2025, the top ten weighted stocks in the CSI Robot Index include Keda Xunfei, Huichuan Technology, Stone Technology, Dahua Technology, Zhongkong Technology, Dazhu Laser, Shuanghuan Transmission, Robot, Ecovacs, and Julun Intelligent, collectively accounting for 48.86% of the index [3] Group 4: Industry Developments - Zhiyuan Innovation (Shanghai) Technology Co., Ltd. has partnered with Fulian Precision Engineering Co., Ltd. for a project worth several million yuan, marking the first large-scale commercial contract for embodied robots in the industrial sector in China [5] - The current phase of humanoid robots is likened to the "iPhone era," indicating significant industry potential, with dexterous hands expected to account for over 30% of the robot's value [5] Group 5: Technological Advancements - The robot industry is entering a rapid development phase, with the commercialization process accelerating [6] - Sensors are identified as the core hardware for the intelligence level of humanoid robots, with technological iterations driving significant advancements [6] - The value and technical requirements of sensors may undergo substantial changes due to the accelerated product iterations by main manufacturers [6]

Core Viewpoint - The article discusses the performance of the Chuangye 50 ETF (159682) as of August 19, highlighting its current price, trading volume, and the performance of its major holdings [1]. Group 1: ETF Performance - As of the midday close on August 19, the Chuangye 50 ETF (159682) increased by 0.43%, reaching a price of 1.162 yuan, with a trading volume of 1.42 billion yuan [1]. - Since its inception on December 23, 2022, the fund has achieved a return of 15.60%, while its return over the past month stands at 15.67% [1]. Group 2: Major Holdings Performance - Key stocks within the Chuangye 50 ETF include: - Ningde Times: down 1.44% - Dongfang Fortune: down 1.47% - Huichuan Technology: up 0.96% - Zhongji Xuchuang: up 3.95% - Mindray Medical: down 0.28% - Xinyi Sheng: up 5.04% - Sunshine Power: up 2.29% - Shenghong Technology: up 0.92% - Yiwei Lithium Energy: up 0.70% - Tonghuashun: down 2.15% [1].

中信证券研报认为，当前时点，旗帜鲜明看好中国电池核心资产的配置价值。短期来看，25Q2受供需 持续改善影响，电池价格企稳，上游原材料成本下降、稼动率提升带来额外盈利弹性，电池板块业绩有 望超预期；中长期来看，供需改善趋势依然较为明确，同时商用车电动化、AI数据中心、海外市场仍 有望为头部企业带来超额增长。估值层面，中国电池核心资产较日韩企业仍具备显著优势，随着后续更 多电池企业H股上市，全球资金定价体系下，中国电池资产估值中枢有望得到进一步抬升。 据TrendForce集邦咨询最新调查，2025年第二季全球纯电动车（BEV）、插电混合式电动车（PHEV） 和氢燃料电池车等新能源车（NEV）新车销量达486.8万辆，同比增长30%。若计入油电混合车 （HEV），第二季电动车（EV）销量更达到645.6 万辆，占全球汽车总销量29%。 数据显示，截至2025年7月31日，中证新能源汽车产业指数(930997)前十大权重股分别为宁德时代 (300750)、汇川技术(300124)、比亚迪(002594)、长安汽车(000625)、华友钴业(603799)、三花智控 (002050)、亿纬锂能(300014)、赣锋锂 ...

Group 1 - The major indices mostly declined on August 19, with the Robot ETF (159770) dropping by 1.28% and achieving a trading volume exceeding 206 million yuan [1] - The Robot ETF has seen a net inflow of over 22 million yuan yesterday and a cumulative inflow of nearly 390 million yuan over the past five trading days [1] - As of August 18, the Robot ETF ranks first in terms of fund size and shares among similar products in the Shenzhen market [1] Group 2 - The humanoid robot Galbot has been operating in a pharmacy in Beijing's Haidian District for over 150 days, completing tens of thousands of delivery orders [2] - The robot's operation in selling medical devices requires the enterprise to obtain a Medical Device Business License, ensuring product quality through regular inspections [2] - The robotics industry is entering a rapid development phase, with sensor technology driving advancements in humanoid robots, indicating potential investment opportunities in the sensor sector [2]

证券代码：300124 证券简称：汇川技术 公告编号：2025-037 （四）召开方式：线上会议，本次会议主要以中文方式进行，配有英文同声传译， 投资者可通过语音和文字方式在线参与本次业绩说明会。 深圳市汇川技术股份有限公司 关于召开 2025 年半年度业绩说明会的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 深圳市汇川技术股份有限公司（以下简称"公司"）拟于2025年8月26日披露《2025 年半年度报告》。为使投资者能够进一步了解公司经营成果、财务状况，公司拟召开业 绩说明会，现将具体情况公告如下： 一、业绩说明会安排 （一）召开时间：2025年8月26日（星期二）15:00-17:00。 （二）出席人员：职工董事、副总裁、董事会秘书宋君恩先生。 （三）交流内容：公司将针对2025年半年度经营成果、财务指标等与投资者进行交 流，并对投资者普遍关注的问题进行回答。 （五）报名及参会方式： 1.中文会议 （1）网络端报名参会： https://s.comein.cn/f65ump1s （2）手机端报名参会：登录进门财经APP/进门财经小程序，搜索"30 ...