SERES(SH:601127) Tai Mei Ti A P P·2025-10-10 03:05Core Insights - Huawei-affiliated company Seres and ByteDance's Volcano Engine are collaborating to develop embodied intelligence and robotics, focusing on intelligent robot decision-making and human-machine enhancement technologies [2][10]. Group 1: Collaboration Details - Seres' subsidiary, Chongqing Phoenix Technology, signed a framework agreement with Volcano Engine to create a closed-loop mechanism for technology research and scene validation [2]. - The partnership aims to empower the automotive industry's digital transformation by integrating technology and real-world applications [12]. Group 2: Market Impact - Following the announcement of the collaboration, Seres' stock rose over 3% on October 10, reflecting positive market sentiment towards robotics and AI developments [4]. - The average stock price increase for robotics-related companies this year is 27.34%, while humanoid robotics stocks have surged by 83.6%, significantly outperforming the Shanghai Composite Index [4]. Group 3: Technological Advancements - Volcano Engine, a subsidiary of ByteDance, is leveraging its strengths in AI and cloud services to advance embodied intelligence, with a focus on integrating large models with robotics [6][7]. - The current phase of robotics, termed Robot 3.0, is characterized by the integration of large models that enhance the overall capabilities of perception, decision-making, and control [6]. Group 4: Financial Performance - Seres reported a revenue of 62.402 billion yuan for the first half of 2025, a year-on-year decline of 4.06%, while net profit increased by 81.03% to 2.941 billion yuan [8][9]. - The company has delivered over 147,000 units of its AITO brand vehicles, with significant contributions from models like the M9 and M8 [9]. Group 5: Industry Trends - The global humanoid robot market is projected to grow significantly, with estimates suggesting an increase from 2,500 units last year to 18,000 units by 2025 [15]. - Chinese companies are expected to dominate the production of humanoid robots, with projections indicating that over half of the global output will come from China [15].