你还在谈论出口"新三样"吗？中国经济的新"新三样"已经来了！最近大家有没有注意到，A股 流传起了"纪联海""易中天"这样的代码暗语，北交所机器人概念股年内翻倍，恒瑞医药市值逼 近5000亿……这些看似分散的市场热点，背后其实串联着一条清晰的主线。 在近期的一次重要发布会上，证监会主席吴清透露了一个关键信号：A股科技板块市值占比已 经突破1/4，超越了金融和地产的总和！ 这信号再明显不过了： 机器人、人工智能和创新药正接过经济增长的接力棒，成为中国经济 高质量发展的新"新三样" ！今天，我们就来聊聊，这场关乎国运的产业跃迁背后，究竟藏着 怎样的逻辑与机遇。 我们先回答一个核心问题：新"新三样"为什么是它们？为什么是现在？ 机器人领域，特别是人形机器人，被很多人看作是继电脑、手机、新能源车之后，下一个可能 改变世界的智能终端。A股龙头汇川技术市值超2000亿，三协电机首日涨幅惊人地超过 785%，宇树科技、智元机器人这些还没上市的"潜力股"也成为了资本追逐的"香饽饽"。 AI更不用说了，市值千亿以上的公司已有好几家，"纪联海"，寒武纪、工业富联、海光信息， 搞的是AI算力芯片和基础设施这块的硬骨头，今年上半年订单 ...

Core Viewpoint - On September 24, Huichuan Technology's stock rose by 4.52%, with a trading volume of 6.172 billion yuan, indicating strong market interest and activity in the company's shares [1]. Financing and Trading Activity - On the same day, Huichuan Technology had a financing purchase amount of 825 million yuan, with a repayment of 647 million yuan, resulting in a net financing purchase of 177 million yuan. The total financing and securities balance reached 4.107 billion yuan [1]. - The financing balance of Huichuan Technology was 4.091 billion yuan, accounting for 1.76% of its circulating market value, which is above the 90th percentile of the past year, indicating a high level of financing activity [1]. - In terms of securities lending, 9,800 shares were repaid, while 14,500 shares were sold, amounting to 1.2518 million yuan at the closing price. The remaining securities lending volume was 190,400 shares, with a balance of 16.4329 million yuan, also above the 70th percentile of the past year [1]. Company Overview - Huichuan Technology, established on April 10, 2003, and listed on September 28, 2010, is headquartered in Longhua District, Shenzhen, Guangdong Province. The company specializes in providing core components for industrial automation, including frequency converters, servo systems, PLC/HMI, high-performance motors, sensors, machine vision, and industrial robots. It also supplies electric drive and power systems for the new energy vehicle industry and traction and control systems for the rail transit sector [2]. - The revenue composition of Huichuan Technology includes 45.18% from new energy vehicles and rail transit, 42.94% from general automation, 11.25% from smart elevator electrical systems, and 0.64% from other sources [2]. Financial Performance - For the first half of 2025, Huichuan Technology reported a revenue of 20.509 billion yuan, representing a year-on-year growth of 26.73%. The net profit attributable to shareholders was 2.968 billion yuan, with a year-on-year increase of 40.15% [2]. Dividend Distribution - Since its A-share listing, Huichuan Technology has distributed a total of 7.945 billion yuan in dividends, with 3.267 billion yuan distributed over the past three years [3]. Shareholder Structure - As of June 30, 2025, Huichuan Technology had 151,800 shareholders, an increase of 6.41% from the previous period. The average number of circulating shares per shareholder was 15,588, a decrease of 6.01% [2][3]. - The largest circulating shareholder is Hong Kong Central Clearing Limited, holding 474 million shares, a decrease of 41.497 million shares from the previous period. E Fund's ChiNext ETF is the fifth-largest shareholder with 49.3616 million shares, an increase of 1.5543 million shares [3].

Core Viewpoint - The 25th China International Industry Fair showcased thousands of new products and technologies, marking a historic scale and level of innovation in the robotics industry, highlighting the transition from competition based on price and parameters to high-quality development driven by innovation and ecological collaboration [1][3]. Group 1: Trends in Robotics Industry - Trend 1: The era of internal competition has passed, and high-end innovation is underway, characterized by AI-driven scene innovation and green low-carbon ecological construction [4][5]. - Trend 2: The integration of embodied intelligence with robotics technology is reshaping industrial automation, enabling robots to autonomously move, perceive, and make decisions [12][15]. - Trend 3: Foreign brands are increasingly localizing their strategies in China, moving from merely selling products to co-creating solutions tailored to the Chinese market [19][21]. Group 2: High-Quality Development - High-quality development is about finding true demand points and values in products, as seen with Estun's launch of the ER1200-3300 heavy-duty industrial robot, which showcases advanced dynamic performance suitable for high-end applications [5][10]. - The focus on high-quality development also includes breakthroughs in the entire industrial chain, as demonstrated by New Times' collaboration with Haier, emphasizing AI and robotics integration [10][11]. - The global dimension of high-quality development reflects China's transition from following to leading in the robotics sector, with a growing international presence at the fair [11][24]. Group 3: Embodied Intelligence - The emergence of embodied intelligence in robotics is marked by the ability of robots to perform complex tasks autonomously, as demonstrated by various companies showcasing multi-form robots working collaboratively in a "super factory" platform [13][18]. - The core breakthrough in embodied intelligence is the shift from command execution to autonomous decision-making, enabling robots to understand their environment and adjust tasks dynamically [15][16]. - The integration of embodied intelligence is becoming a key driver in the industrial sector, with companies like JAKA launching platforms that combine AI models with robotics for comprehensive industrial applications [15][18]. Group 4: Future Outlook - The future of the robotics industry in China is expected to focus on system reconstruction, ecological symbiosis, and moving from following to setting standards in global robotics [25][24]. - The 2025 fair is seen as a new starting point, indicating that the robotics sector will continue to evolve towards high-end, intelligent, and sustainable manufacturing solutions [24][25].

汇川董事长朱兴明在接受媒体采访中指出，未来五年内、工业现场无线化将成为现实。基于这一趋势，汇川围绕工业发展的四大方向进行了系统性布局。 作者｜黄楠 编辑｜袁斯来 当下全球制造业加速向"智能制造 4.0"转型，中国工厂也面临从"规模"向"效率"升级的关键期，却受困于设备孤岛难协同、技术碎片化难落地、能源成本高 难降碳的三重痛点。 在这一背景下，从单点自动化转向系统智能化升级，成为行业提升效率、应对市场变化的核心趋势。 首先，是高端化。随着消费端对高品质生活的追求不断提升，制造业必须向高端化升级，以提供更优质的产品与服务。 第二是绿色化。制造业必须积极响应可持续发展的全球共识，推动节能降耗、环境友好的生产方式，实现对资源的更高效利用。 汇川工博会展台现场 第三，是智能化。未来的制造并非减少工作量，而是通过AI、具备学习与决策能力的智能装备，将更多任务交由机器完成，从而提升整体效率与灵活性。 第四，是国际化。中国作为全球制造业中心，正从三个阶段逐步推进国际化进程：初期是将中国制造的商品输出全球；中期是将中国产能布局至海外；现阶 段则进入"local for local"的新模式，即整合全球的研发人才、工程师、产业工 ...

9月24日，汇川技术涨5.02%，截至发稿，报86.75元/股，成交52.33亿元，换手率2.59%，总市值2341.99 亿元。 截至发稿，翟云飞累计任职时间9年236天，现任基金资产总规模1.26亿元，任职期间最佳基金回报 55.55%， 任职期间最差基金回报-12.79%。 资料显示，深圳市汇川技术股份有限公司位于广东省深圳市龙华区观湖街道鹭湖社区澜清二路6号汇川 技术总部大厦1单元101，成立日期2003年4月10日，上市日期2010年9月28日，公司主营业务涉及为设备 自动化/产线自动化/工厂自动化提供变频器、伺服系统、PLC/HMI、高性能电机、传感器、机器视觉等 工业自动化核心部件及工业机器人产品,为新能源汽车行业提供电驱&电源系统,为轨道交通行业提供牵 引与控制系统。主营业务收入构成为：新能源汽车&轨道交通类45.18%，通用自动化类42.94%，智慧电 梯电气类11.25%，其他0.64%。 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。 从基金十大重仓 ...

Group 1 - The core viewpoint of the articles highlights the strong performance and increasing investment interest in the robotics sector, particularly through the robotics index ETF (560770) which has seen significant capital inflows and stock price increases [1][2][3] - Since September 1, the robotics index ETF (560770) has experienced a net inflow of 240 million yuan, reaching a total scale of 1.277 billion yuan, marking a new high since its launch [1] - The overall performance of the CSI Robotics Index increased by 2.99% during the week of September 15-19, outperforming the Shanghai Composite Index which declined by 1.14% [1] Group 2 - The robotics sector has seen a surge in financing activities, with several humanoid robot companies announcing significant funding rounds, including a 1.1 billion yuan round led by CATL and Puxuan Capital [2] - The CSI Robotics Index is characterized by a small-cap style, with an average market capitalization of 16.9 billion yuan, indicating a notable presence of smaller companies within the index [2] - The cumulative increase of the robotics index ETF (560770) since the "924" market rally in 2024 has reached 94.69%, outperforming the cumulative increase of the CSI 1000 index at 67.58% [3]

Group 1 - The core viewpoint of the article highlights the performance of the Double Innovation Leader ETF (588330), which opened down by 1.44% at 0.892 yuan [1] - The major holdings of the ETF include companies like CATL, which rose by 0.77%, and SMIC, which fell by 1.27% [1] - The ETF's performance benchmark is the CSI Science and Technology Innovation 50 Index, managed by Huabao Fund Management Company, with a return of -9.74% since its inception on June 29, 2021, and a return of 20.82% over the past month [1] Group 2 - The article provides specific stock performance details, indicating that companies such as Mindray Medical and Huagong Technology experienced declines of 0.39% and 0.09% respectively, while companies like Haiguang Information and Yanguang Electric Power saw increases of 0.52% and 0.02% [1] - The overall market sentiment reflected in the ETF's opening performance suggests a cautious outlook among investors [1]

来源：新浪基金∞工作室 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。 9月24日，双创50ETF（588380）开盘跌1.10%，报0.902元。双创50ETF（588380）重仓股方面，宁德时 代开盘涨0.77%，中芯国际跌1.27%，迈瑞医疗跌0.39%，海光信息涨0.52%，中际旭创跌4.21%，新易盛 跌2.54%，寒武纪跌1.51%，汇川技术涨0.02%，阳光电源跌0.09%，澜起科技跌1.04%。 双创50ETF（588380）业绩比较基准为中证科创创业50指数收益率，管理人为富国基金管理有限公司， 基金经理为曹璐迪，成立（2021-06-29）以来回报为-9.01%，近一个月回报为21.02%。 ...

Group 1 - The company announced the results of the first vesting period for the second category of restricted stock under its seventh equity incentive plan, with 11 individuals receiving shares [2] - A total of 59,750 shares were vested, representing 0.0022% of the company's total share capital [2] - The shares are set to be listed for trading on September 23, 2025, and were sourced from the company's repurchase of its own A-share common stock from the secondary market [2]

（文章来源：证券日报） 证券日报网讯 9月23日晚间，汇川技术发布公告称，根据有关规定，公司向深圳证券交易所和中国证券 登记结算有限责任公司深圳分公司申请办理完成了第七期股权激励计划预留授予的第一类限制性股票相 关登记手续。第一类限制性股票登记数量：775，000股（占目前公司总股本的0.0287%）；第一类限制 性股票登记人数：5人；第一类限制性股票授予价格：42.46元/股；第一类限制性股票上市日期：2025 年9月23日；第一类限制性股票的来源：公司从二级市场回购的本公司人民币普通股股票。 ...