11月14日，卡倍亿（300863）官方微信公众号消息显示，近日，卡倍亿与人形机器人企业上海矩阵超智 系统集成有限公司（下称：矩阵超智）正式签署战略合作协议，双方将围绕技术创新、供应链协同与产 业共建等方面展开深度合作，共同推进人形机器人业务的快速发展。 资料显示，矩阵超智自创立以来便以卓越的技术基因和全栈自研能力备受关注。其核心团队汇聚了来自 特斯拉、英伟达、OpenAI等全球顶尖科技公司的资深专家，具备从系统设计、硬件开发到算法优化的 完整技术闭环。在2025年世界人工智能大会上，矩阵超智发布的Matrix-1人形机器人，以其高度拟人的 运动控制与智能交互能力，充分展现了公司在人形机器人前沿技术上的深厚积累与创新实力。 卡倍亿作为国内领先的汽车线缆供应商，在新能源汽车线缆、数据线缆、机器人线缆等领域拥有深厚的 技术沉淀与成熟的制造体系。公司长期服务于高端制造与科技产业，具备完整的研发、测试与量产能 力。 根据战略合作协议，双方将建立长期、稳定的战略合作伙伴关系。卡倍亿的目标是成为矩阵超智在机器 人线缆、线束、电池Pack、关节模组及整机组装等领域的重要供应商。双方将通过技术协同、联合开 发、供应链优化等方 ...

卡倍亿作为国内领先的汽车线缆供应商，在新能源汽车线缆、数据线缆、机器人线缆等领域拥有深厚的 技术沉淀与成熟的制造体系。公司长期服务于高端制造与科技产业，具备完整的研发、测试与量产能 力，产品品质与供应链管理水平广受行业认可。 根据战略合作协议，双方将建立长期、稳定的战略合作伙伴关系。卡倍亿的目标是成为矩阵超智在机器 人线缆、线束、电池Pack、关节模组及整机组装等领域的重要供应商。双方将通过技术协同、联合开 发、供应链优化等方式，共同提升产品竞争力，构建安全、高效、可靠的产业生态。 人形机器人作为融合人工智能、精密制造、新材料等多学科技术的综合性产业，其发展离不开产业链各 环节的紧密协作与系统创新。此次合作不仅是两家企业技术路线与产业愿景的高度契合，更是产业链上 下游协同创新、构建自主可控产业体系的重要实践。未来，双方将充分发挥各自在专业领域的技术与资 源禀赋，围绕产品开发与场景落地等方向展开多层次合作，共同推动人形机器人产品从技术突破走向规 模化、商业化应用。 在全球人形机器人产业迈向规模化、商业化应用的关键阶段，产业链协同与技术融合正成为推动行业发 展的重要力量。近日，卡倍亿（300863）与国内领先的人 ...

人民财讯11月14日电，11月14日，卡倍亿(300863)宣布与上海矩阵超智系统集成有限公司（简称"矩阵 超智"）签署战略合作协议，双方将建立长期、稳定的战略合作伙伴关系。卡倍亿的目标是成为矩阵超 智在机器人线缆、线束、电池Pack、关节模组及整机组装等领域的重要供应商。双方将通过技术协同、 联合开发、供应链优化等方式，共同提升产品竞争力，构建安全、高效、可靠的产业生态。 转自：证券时报 ...

Core Viewpoint - The company Kabeyi (300863.SZ), known as "China's leading automotive cable stock," is actively expanding its business and enhancing competitiveness through strategic investments and technological innovation [1][2]. Business Expansion - Kabeyi announced a 100 million yuan investment to establish a wholly-owned subsidiary, Shanghai Kabeyi Robot Co., Ltd., to accelerate the development of humanoid robot components [1][2]. - The subsidiary aims to integrate resources and optimize the existing business structure, enhancing the company's overall strength and competitiveness in the humanoid robot sector [2]. Financial Performance - As of September 2025, Kabeyi's total assets reached 4.146 billion yuan, with construction projects amounting to 310 million yuan, reflecting a 499.35% increase from the beginning of the period [6]. - For the first three quarters of 2025, the company reported a revenue of 2.854 billion yuan, a year-on-year increase of 11.11%, and a net profit attributable to shareholders of 138 million yuan, up 5.01% [6]. - The operating cash flow showed significant improvement, with a net inflow of 166 million yuan for the first three quarters of 2025, compared to a negative 28.73 million yuan in the same period last year, marking a 679.32% increase [6]. Research and Development - Kabeyi has established a strong foundation in the automotive cable industry, with capabilities to produce cables meeting various international standards [2][3]. - The company has invested in R&D, with expenses amounting to 70.29 million yuan in 2022 and 113 million yuan in the first three quarters of 2025, reflecting a steady increase in R&D investment [3]. Market Position - Kabeyi has entered the supply chains of major automotive manufacturers, including Volkswagen, BMW, and Tesla, and has received recognition as an excellent supplier from notable automotive harness companies [6].

Group 1: Overseas News - US economic data exceeded expectations, contributing to a rebound in the stock market, with the S&P 500 up 0.37%, Dow Jones up 0.48%, and Nasdaq up 0.65% [1] - Tesla shares rose by 4% ahead of the shareholder meeting, while Google increased by over 2%, reaching a new high; semiconductor index rebounded by 3% with AMD up 2.5%, but Nvidia fell nearly 2% [1] - Storage companies saw significant gains, with Seagate up 10% and Micron up 9%; SK Hynix indicated that the supply price of HBM4 will be over 50% higher than HBM3E [1] - Spot gold rebounded by over 1%, and copper prices halted a four-day decline, temporarily recovering from a two-week low [1] Group 2: Domestic Major Events - China and the US have recently adjusted multiple tariff and non-tariff measures, beginning to implement the consensus reached during the Kuala Lumpur economic and trade consultations [4] - The Ministry of Commerce announced the cessation of anti-circumvention measures on imports of single-mode optical fibers originating from the US [6] - The Deputy Minister of Commerce met with a US agricultural trade delegation to discuss trade matters [7] - The Central Financial Office emphasized accelerating the construction of a financial powerhouse to support China's modernization [8] Group 3: Market Strategies and Trends - Financial analysts suggest focusing on three short-term directions: energy export sectors (electricity, power generation, solar energy, storage), low-position sectors with price increase logic or performance support (coal, lithium battery, paper), and technology sectors that have fully adjusted and present rebound opportunities (storage chips, robotics) [11] - The Beijing-Tianjin-Hebei region aims to promote the application of over 800,000 new types of Beidou independent positioning terminal products by 2027, targeting a total scale of 5 million applications [12] - Nissan plans to cut production of its best-selling SUV model Rogue in Japan due to a shortage of chips from Nexperia [13] - The market price of thionyl chloride has increased significantly by 8.61% to 1552 yuan/ton, with a cumulative increase of 19.38% since August [14] Group 4: Company Announcements - Kweichow Moutai plans to repurchase shares worth between 1.5 billion to 3 billion yuan, with a maximum repurchase price of 1,887.63 yuan per share [15] - Jia Yuan Technology signed a cooperation framework agreement with CATL to collaborate on new battery anode materials [17] - Kaibei plans to invest 100 million yuan to establish a wholly-owned subsidiary focused on humanoid robot components [17]

Company News - Dream Home is planning to acquire control of ChuanTu Microelectronics through a combination of share issuance and cash payment, which is expected to constitute a major asset restructuring. The company's stock will be suspended from trading starting November 6 for up to 10 trading days [3] - Kweichow Moutai announced plans to repurchase shares worth between RMB 15 billion and RMB 30 billion, with a maximum repurchase price of RMB 1887.63 per share. The total cash dividend proposed for the mid-term distribution is RMB 300.01 billion, with a per-share payout of RMB 23.957 [4] - China Fortune Land Development issued a risk warning, noting that its stock has risen 95.21% over seven consecutive trading days, significantly deviating from its fundamentals, indicating a potential for rapid decline [5] - Kabeiyi announced a capital investment of RMB 100 million to establish a wholly-owned subsidiary focused on the research, production, and sales of humanoid robot components [6] - Jiayuan Technology signed a framework agreement with CATL to expand their business relationship, focusing on the supply and development of battery anode materials, with projected capacities of 157,000 tons, 204,000 tons, and 265,000 tons for the years 2026, 2027, and 2028, respectively [6] - Xiling Power plans to acquire 100% of Weipai Automotive Electronics, which will become a wholly-owned subsidiary, focusing on the production and sales of turbochargers [6] - Haosai was fined RMB 7 million for bribery, with its former chairman receiving a suspended prison sentence and a fine of RMB 3 million. The total penalties amount to RMB 28.52 million, representing 15.90% of the company's latest audited net profit [7] - Weining Health's subsidiary was fined RMB 800,000 for bribery, with the actual controller receiving a prison sentence of 18 months and a fine of RMB 200,000. The case is under appeal and is not expected to significantly impact the company's operations [8] Industry News - The Central Financial Office emphasized the need for financial risk prevention, strong regulation, and promoting high-quality development in the financial system, with a focus on improving the central bank system and optimizing financial institutions [2] - The Ministry of Commerce announced adjustments to export control lists and unreliable entity lists, indicating a shift in trade policy [2] - The Shanghai Stock Exchange reported a decline in new A-share accounts, with October seeing 2.31 million new accounts, a 21.36% decrease from September and a 66.26% decrease year-on-year [2]

Group 1 - Company MengTian Home is planning to acquire control of ChuanTu Microelectronics through a combination of issuing shares and cash payment, which is expected to constitute a major asset restructuring [1] - The actual controller of MengTian Home, Yu Jingyuan, is also planning a transfer of control, which is independent of the aforementioned acquisition [1] - The stock of MengTian Home has been suspended since November 6, 2025, with an expected suspension period of no more than 10 trading days [1] Group 2 - Kweichow Moutai plans to repurchase shares with an investment of between 1.5 billion and 3 billion RMB, with a maximum repurchase price of 1,887.63 RMB per share [2] - The repurchase will be conducted through centralized bidding and will be used for cancellation to reduce the company's registered capital [2] - The company also plans to distribute a cash dividend of 23.957 RMB per share, totaling approximately 30 billion RMB based on the total share capital as of September 30, 2025 [2] Group 3 - JiaYuan Technology has signed a cooperation framework agreement with CATL to deepen their long-term procurement cooperation in the supply, research, and production of materials for new battery anodes [3] - The agreement aims to enhance collaboration in technology research and market expansion, benefiting both companies [3] - JiaYuan Technology will be the preferred supplier for new products developed in cooperation with CATL, which will strengthen its competitive position in the industry [3] Group 4 - KaBeiYi has invested 100 million RMB to establish a wholly-owned subsidiary, Shanghai KaBeiYi Robotics, to accelerate the development of humanoid robot components [4] - The new subsidiary will operate independently and is expected to enhance the company's investment in humanoid robotics [4] Group 5 - Bertley has established a joint venture, Wuhu Bertley Drive Technology Co., Ltd., with a registered capital of 100 million RMB, where Bertley holds a 60% stake [5] - The joint venture will focus on the research, production, and sales of various electric motors, aligning with the company's strategy for technological autonomy and product diversification [5] - This strategic move is aimed at strengthening the company's position in high-growth sectors such as new energy vehicles and humanoid robotics [5] Group 6 - Tongling Nonferrous Metals has successfully acquired exploration rights for the JiGuangShan-HuVillage copper-gold-molybdenum mine for 3.204 billion RMB [6] - Ningbo Port expects to achieve a container throughput of 4.56 million TEUs in October 2025, representing a year-on-year increase of 12.4% [6] - Hongquan Technology will change its stock name to Hongquan Technology starting November 11, 2025, while maintaining its full name and stock code [6] Group 7 - Dongfeng Group has undergone a change in its controlling shareholder and actual controller, leading to a name change to Quzhou Dongfeng New Materials Group Co., Ltd. [7] - Yihong Long has been recognized as a national manufacturing single champion enterprise for its self-immune disease diagnostic products [7] Group 8 - China Shipbuilding Technology's subsidiary plans to publicly transfer 100% equity of a clean energy development company as part of its strategy to enhance operational quality and fund future projects [8] - HeimuDan's subsidiary is selling its developed digital economy industrial park properties for approximately 41.97 million RMB [8] Group 9 - Shenkai Co. has completed the transfer of shares from its original controlling shareholder to Shenzhen Huili Hongsheng Industrial Holdings, changing its controlling shareholder [9] - Luzhou Laojiao is investing approximately 1.478 billion RMB to build a historical and cultural industry park to enhance brand influence [9] Group 10 - Xiling Power has signed a share purchase agreement to acquire 100% of Weipai Automotive Electronics, which specializes in turbocharger production [10] - Mind Electronics plans to divest its 51% stake in a subsidiary for 14.8 million RMB to focus on core business development [10] Group 11 - Triangle Defense has signed development and framework order agreements with Siemens Energy to supply specific items, enhancing its international market presence [11] Group 12 - Hualan Co.'s controlling shareholder plans to increase its stake in the company by investing between 30 million and 60 million RMB [12] - Key executives of Kaili Medical have also increased their stakes in the company through market transactions [12]

Group 1 - Mengtian Home intends to acquire control of ChuanTu Microelectronics through a combination of share issuance and cash payment, leading to a significant asset restructuring. The stock will be suspended from trading starting November 6, 2025, for up to 10 trading days [2] - Guizhou Moutai plans to repurchase shares worth between 1.5 billion and 3 billion RMB, with a maximum repurchase price of 1,887.63 RMB per share. The repurchase will be completed within six months following shareholder approval [3] - Jiayuan Technology has signed a cooperation framework agreement with CATL to deepen their long-term procurement relationship, focusing on the supply and development of materials for new battery anodes [4] Group 2 - Kabeiyi has invested 100 million RMB to establish a wholly-owned subsidiary, Shanghai Kabeiyi Robotics, to accelerate the development of humanoid robot components [5] - Bertley has formed a joint venture with Langfang Jinrun Electric to establish Wuhu Bertley Drive Technology Co., with a registered capital of 100 million RMB, focusing on electric motor systems [7] - Tongling Nonferrous Metals has successfully acquired exploration rights for the Jiguanshan-Hucun copper-gold-molybdenum mine for 3.204 billion RMB [8] Group 3 - Ningbo Port expects to achieve a container throughput of 4.56 million TEUs in October 2025, representing a year-on-year increase of 12.4% [8] - Huayuan Technology has changed its stock name from "Hongquan Technology" to "Hongquan Technology" effective November 11, 2025, while maintaining its full name and stock code [8] - The company plans to invest approximately 1.478 billion RMB in the construction of a historical and cultural industry park to enhance brand influence [12]

Group 1 - China will stop implementing additional tariffs on certain imported goods from the United States starting from November 10, 2025, at 13:01, as part of the consensus reached during the China-U.S. economic and trade consultations [2] - The additional tariff rate of 24% on U.S. imports will be suspended for one year, while a 10% tariff will remain in place [2] - The Ministry of Commerce will stop related measures for 15 U.S. entities listed in the export control list starting from November 10, 2025, while continuing to suspend measures for 16 other entities for one year [3] Group 2 - The Ministry of Commerce will continue to suspend measures related to the unreliable entity list for one year starting from November 10, 2025, allowing domestic companies to apply for transactions with these entities [4] - The Ministry of Commerce has proposed to stop the anti-dumping tax rate applicable to certain U.S. imports of optical fibers starting from November 10, 2025, due to changes in the trade environment [5] Group 3 - Guizhou Moutai plans to repurchase shares worth between 1.5 billion to 3 billion yuan and subsequently cancel them [8] - The stock price of Cheung Fat China has significantly deviated from its fundamentals, posing a risk of rapid decline [9] - Zhangzhou Development reports normal production and operational conditions without significant changes in the internal or external business environment [10]

Core Viewpoint - The company announced the establishment of a wholly-owned subsidiary, Shanghai Kabeiyi Robotics Co., Ltd., with an investment of 100 million yuan from its own funds [1]. Group 1 - The company has completed the registration process for the new subsidiary, receiving the business license from the Shanghai Minhang District Market Supervision Administration [1].