“智元系”分两步收购上纬新材，具身智能A股“破冰”首航

Core Viewpoint - The acquisition of control over Shanghai ZhiYuan New Creation Technology Co., Ltd. (ZhiYuan Robot) by Shangwei New Materials (688585.SH) marks a significant milestone in the embodied intelligence sector, potentially becoming a landmark case for new productivity enterprises in the A-share market and the first acquisition case for embodied intelligence companies on the Sci-Tech Innovation Board [1][9]. Company Summary - Shangwei New Materials announced on July 8 that ZhiYuan Robot and related parties will acquire at least 63.62% of its shares in a two-step process, changing the controlling shareholder to ZhiYuan Robot and its management team, with Deng Taihua as the actual controller [1][3]. - The first step involves ZhiYuan Robot acquiring 29.99% of Shangwei New Materials' shares, with the major shareholders SWANCOR IND.CO.,LTD., Strategic Capital Holding Limited, and Jinfeng Investment Holding Co., Ltd. signing share transfer agreements [3][4]. - Following the share transfer, the combined shareholding of SWANCOR, STRATEGIC, and Jinfeng will decrease from 84.61% to 54.62%, while ZhiYuan and its partners will hold 29.99% [4][6]. Industry Summary - The embodied intelligence sector is experiencing significant investment activity, with 114 investment events recorded in the first five months of 2025, surpassing the total of 77 events in the previous year, and total financing exceeding 230 billion yuan [12][13]. - ZhiYuan Robot, established in February 2023, is recognized as a leading company in the embodied intelligence field, developing a full-stack technology for robots and aiming for substantial production volumes by 2025 [8][12]. - The acquisition has generated considerable market interest, particularly regarding the potential for ZhiYuan Robot to become the first publicly listed company in the embodied intelligence sector [9][11].