ActiveCamera首款产品及AI-Ready生态正式发布，杭氧股份成立气体销售合资公司开拓半导体市场

Investment Rating - The industry investment rating is "Outperform the Market" and is maintained [3] Core Viewpoints - The mechanical equipment industry has shown a negative cumulative excess return of -3.09 percentage points relative to the Shanghai Composite Index for the 13th week of 2025, ranking 21st among all industries. However, the year-to-date cumulative excess return for the mechanical equipment industry is +12.09 percentage points [10][12] Summary by Relevant Sections Mechanical Equipment - The Bohai Index for the week is 455, with a five-week average of 399, a six-month average of 406, and a one-year average of 422 [7] - Liugong disclosed its 2024 annual report, reporting total revenue of 30.063 billion yuan, a year-on-year increase of 9.24%, and a net profit attributable to shareholders of 1.327 billion yuan, a year-on-year increase of 52.92% [7] Industrial Gases - The prices of liquid gases have slightly increased, while rare gas prices have remained stable. Hangyang Co. has established a joint venture to expand into the semiconductor market [8] - The average price of liquid oxygen is 429 yuan/ton, with a week-on-week increase of 0.47% and a year-on-year decrease of 1.38% [8] Robotics - Dongfeng Liuzhou Automobile recently procured and plans to deploy 20 units of UBTECH industrial humanoid robots in its manufacturing plant by mid-2025 [8] - RoboSense has launched its first product, AC1, as part of its AI-Ready ecosystem, providing a one-stop solution for robotic perception development [8] Lithium Battery Equipment - Xinyuren has signed a cooperation agreement with Huazhong University of Science and Technology to establish a joint research center for new energy materials and equipment [9] Export Chain - The exchange rate of the RMB against the USD has slightly depreciated, with the USD/RMB spot exchange rate at 7.26, a week-on-week increase of 0.20% [9] - The China Containerized Freight Index (CCFI) shows a comprehensive index of 1111.71, a year-on-year decrease of 8.00% and a week-on-week decrease of 3.14% [9]