Core Viewpoint - The Chinese market holds immense development potential, characterized by creativity, innovation, and vitality, positioning it as a global leader in various industries. Galaxy Corporation's CEO emphasizes the importance of the Chinese market in the company's global strategy and plans to collaborate with strategic partner Superstar Legend to explore opportunities in IP, AI, and robotics [1]. Group 1: Company Overview - Galaxy Corporation is a South Korean entertainment technology company that boasts a roster of top-tier artists, including G-DRAGON, Song Kang-ho, and Kim Jong-kook. The CEO describes the company's development stages using the keywords "today," "tomorrow," and "the day after tomorrow" [5]. - The "today" business focuses on IP, where the combination of entertainment and technology is emerging as a significant field with vast market potential. The CEO highlights the potential for collaboration between Galaxy's star IPs and those of Superstar Legend, which owns the Jay Chou IP [5]. Group 2: Strategic Collaboration - Galaxy Corporation plans to establish a joint venture, Galaxy China, with Superstar Legend to deepen cooperation in IP, AI, and robotics, aiming to expand market reach [1][5]. - In November 2025, Superstar Legend announced its investment in Galaxy, acquiring up to 7% of the issued share capital, thereby becoming a strategic shareholder and partner. This collaboration is expected to facilitate deeper cooperation in the Chinese market and globally [6]. Group 3: Market Insights - The CEO expresses a strong belief in the potential of the Chinese market, stating that the strategy prioritizes stability over speed, with local partnerships being crucial for successful market entry [6]. - Analysts note that Superstar Legend's investment in Galaxy systematically links it to a pool of international top-tier IP resources. As cultural cooperation between China and South Korea improves, the collaboration in IP operations and AI+robotics is expected to significantly expand business growth opportunities by 2026 [7].

硬氪 . 专注全球化、硬科技报道。36kr旗下官方账号。 以下文章来源于硬氪 ，作者欧雪 本轮融资资金主要用于算力采购、工程化团队扩建及机器人实验平台搭建。同时，公司正式入驻徐汇区人工智能产业核心载体 "模速空间"。 眸深智能成立于 2025年，专注于生成式跨本体通用具身大脑研发，致力于为人形机器人及多形态物理智能体提供可泛化、可落 地的"大脑级"能力。 硬氪了解到，眸深智能团队融合了学术机构的研究能力与全球科技企业的产业化经验，由复旦大学未来信息创新学院教授、深度 学习实验室主任陈涛与原英特尔中国首席科学家张益民以及连续创业者共同创办。其中，陈涛曾在新加坡华为海思从事大模型压 缩与芯片适配工作。 眸深智能创始人兼首席科学家陈涛表示，眸深智能的技术路线始于 2021年，早于行业内相关概念的普及。其第一代模型已实现 对空间动作的生成能力。 团队首创的 "动作基元"技术，将复杂的动作序列拆解为上千个基础元素。模型可根据自然语言指令，动态调用并组合这些基元， 生成全新的、未训练过的动作序列，实现强泛化能力。 提出业内首个 "世界动作模型( World Motion Model )"。 文 ｜ 欧雪 编辑 ｜ 袁斯来 ...

Core Viewpoint - The CES 2026 highlighted the contrasting narratives of the US and Chinese robotics industries, with US companies focusing on future possibilities while Chinese companies emphasize practical applications and market readiness [2][7]. Group 1: Narrative Differences - US companies, exemplified by Boston Dynamics, dominate the "future narrative," showcasing robots as potential future industrial and societal solutions, emphasizing capabilities and transformative potential [3]. - In contrast, Chinese companies like Yuliqi Robotics focus on practicality, asking whether their robots can be used, sold, and effectively deployed in real-world scenarios [5][7]. Group 2: Performance and Practicality - Chinese companies are pursuing two distinct paths: one led by Yushun Technology, which aims for high dynamic performance in humanoid robots, and another by Yuliqi Robotics, which prioritizes practical applications in specific commercial settings [8][12]. - Yuliqi's robots demonstrate real-world capabilities, such as bartending and cleaning, emphasizing reliability and continuous operation rather than flashy demonstrations [10][12]. Group 3: Market Validation and Delivery - Yuliqi has achieved significant milestones, including delivering 100 robots in a month, marking a transition from prototypes to scalable production [13]. - The company has secured substantial interest from international clients, with potential orders reaching hundreds of millions, reflecting market validation of its technology and business model [12][13]. Group 4: Strategic Focus - Yuliqi's approach is characterized by a focus on specific high-value commercial scenarios, such as hospitality and property management, rather than pursuing broad general-purpose platforms [17][18]. - The design philosophy of Yuliqi's Wanda robot emphasizes efficiency and reliability in indoor environments, avoiding direct competition with high-performance humanoid robots [20]. Group 5: Conclusion and Industry Evolution - The CES 2026 serves as a turning point, indicating that Chinese robotics companies are transitioning from being mere technology demonstrators to serious commercial partners [21]. - The coexistence of performance-driven and practical-focused companies reflects the maturation of the robotics industry, with Yuliqi's success highlighting the importance of delivery capabilities in gaining market trust [21].

Core Insights - The robot rental market is experiencing a surge in demand, leading to a situation where orders are fully booked until the Spring Festival [1][2] - The demand for rental robots is primarily driven by holiday promotions and corporate events, with specific types of robots becoming increasingly popular [5][6] Group 1: Market Demand - The launch of the open robot rental platform "Qingtian Rental" has resulted in over 1,000 rental orders within a week, with delivery times extending to before the Spring Festival [1] - The demand for rental robots during the 2025 year-end period has significantly increased compared to the previous year, with many companies reporting high order volumes [1][2] - Rental companies are facing shortages, with some already receiving orders for the 2026 New Year holiday [2] Group 2: Popular Robot Types - Robots capable of performing singing, dancing, and calligraphy are particularly favored in the current rental market [6][7] - The primary applications for rental robots include corporate events, promotional activities, and school ceremonies, with notable clients from various sectors [5][6] Group 3: Pricing Trends - The average rental price for robots has decreased from approximately 10,000 yuan per day in March 2025 to between 5,000 and 6,000 yuan by the end of the year, reflecting a drop of over 50% [8][12] - The decline in prices is attributed to increased production capacity and the entry of numerous rental companies into the market [12] Group 4: Industry Growth - The number of robot rental companies has expanded from a few to hundreds, with platforms like Qingtian Rental facilitating connections between rental companies and clients [12][13] - The platform has established a presence in 50 major cities and integrated nearly 2,000 robots, offering various service models [12]

Group 1: Non-Banking Financial Sector - The non-banking financial index rose by 2.6%, with brokerage and insurance indices increasing by 1.9% and 3.6% respectively, indicating a synchronized upward trend [6][7] - Daily average A-share trading volume reached 2.85 trillion yuan, a significant increase of 137% year-on-year and 51.6% month-on-month, reflecting heightened market trading enthusiasm [7] - The two financing balance stood at 2.63 trillion yuan, maintaining above the 2 trillion yuan mark for 106 consecutive trading days, suggesting sustained market vitality [7] Group 2: Insurance Sector - The "deposit migration effect" is driving sales in the insurance sector, as banks lower deposit rates and long-term deposits become scarce, leading to increased demand for insurance products [8] - The A-share market is performing well, benefiting from policy support and economic recovery, which has improved the investment returns for insurance funds [8] - Major insurance companies have proactively increased their allocations in high-dividend blue-chip stocks and cyclical sectors, enhancing their profit potential in the current market [8] Group 3: Currency and Exchange Rate - The People's Bank of China has implemented counter-cyclical measures to stabilize the RMB exchange rate, aiming to prevent excessive appreciation [11][12] - The estimated waiting settlement amount for foreign trade is approximately 480 billion USD, indicating potential for RMB appreciation if it surpasses the critical threshold of 6.80 [12] - The swap market reflects a shift in RMB appreciation expectations, with state-owned banks becoming net buyers in the swap market, indicating a bullish sentiment towards the RMB [13] Group 4: Food and Beverage Sector - The Consumer Price Index (CPI) for December showed a year-on-year increase of 0.8%, with food prices improving, particularly fresh vegetables and fruits, which rose by 18.2% and 4.4% respectively [16][17] - The food and beverage sector saw a 2.12% increase, with pre-processed food leading the gains at 6.72% [18] - Major retail players like Sam's Club and Alibaba are expanding aggressively, with Sam's Club sales expected to exceed 200 billion yuan in 2026 [19] Group 5: Machinery and Equipment Sector - The "Artificial Intelligence + Manufacturing" initiative aims to enhance the application of AI in manufacturing, with goals set for 2027 to establish a leading global position in AI technology [23] - Numerous Chinese companies showcased their innovations at the CES exhibition, highlighting advancements in robotics and AI applications in manufacturing [24][25]

硬氪获悉，近日，全球首个生成式通用具身大脑公司——上海眸深智能科技有限公司（下称"眸深智能"）完成超千万人民币天使轮追加投资，投资方为徐 汇资本。 本轮融资资金主要用于算力采购、工程化团队扩建及机器人实验平台搭建。同时，公司正式入驻徐汇区人工智能产业核心载体"模速空间"。 眸深智能成立于2025年，专注于生成式跨本体通用具身大脑研发，致力于为人形机器人及多形态物理智能体提供可泛化、可落地的"大脑级"能力。 硬氪了解到，眸深智能团队融合了学术机构的研究能力与全球科技企业的产业化经验，由复旦大学未来信息创新学院教授、深度学习实验室主任陈涛与原 英特尔中国首席科学家张益民以及连续创业者共同创办。其中，陈涛曾在新加坡华为海思从事大模型压缩与芯片适配工作。 眸深智能创始人兼首席科学家陈涛表示，眸深智能的技术路线始于2021年，早于行业内相关概念的普及。其第一代模型已实现对空间动作的生成能力。 作者丨欧雪 编辑丨袁斯来 在数据使用与训练效率上，团队采用了独特的三段式训练架构：使用约90%的互联网开源人体运动视频进行预训练，让模型理解通用运动规律；再通过约 10%的仿真器数据进行微调适配；最后仅需约5%的真机数据进行强化学 ...

Core Viewpoint - Nasda has announced its competitive advantages in the robotics sector, highlighting its product combination of MCU, drivers, sensors, and DSP, with successful deliveries to leading companies in the robotics and industrial automation fields [1] Group 1: Product Offerings - The company has launched motor control, battery management, and distance detection technology solutions that possess industry competitive advantages [1] - Some products have already been delivered in bulk to leading enterprises such as Yushu Technology and Huichuan Technology [1] Group 2: Market Strategy - Nasda plans to strengthen its presence in the humanoid robot market while also exploring niche markets such as photovoltaic cleaning robots and lawn mowing robots [1]

Core Viewpoint - The humanoid robot industry is entering its early commercialization phase, necessitating attention to marginal changes affecting both domestic and overseas quality companies [1] Group 1: Industry Progress - Recent advancements in humanoid robot enterprises in both domestic and international markets indicate a potential resonance between the two, accelerating the global commercialization of humanoid robots [2] - At CES 2026, over 28 Chinese humanoid robot companies showcased their technologies, representing more than half of the exhibitors in the humanoid robot sector, highlighting China's technological capabilities [2] - Notable products included Zhiyuan Robot's full product line and interactive demonstrations from companies like Zhongqing Robot, showcasing the industry's innovation and engagement [2] Group 2: International Developments - Several overseas companies also made significant strides in humanoid robotics at CES 2026, including LG's CLOiD for home tasks and Boston Dynamics' new Atlas robot with advanced capabilities [3] - Boston Dynamics' Atlas features 56 degrees of freedom and can autonomously change its battery, indicating a leap in robotic functionality and potential applications in various industries [3] Group 3: Market Dynamics - New Jian Transmission has initiated its listing guidance, with plans to assist in its IPO application, emphasizing its role as a core component supplier for Tesla's humanoid robot [4] - The company specializes in manufacturing various components, indicating a growing supply chain for humanoid robotics in the automotive sector [4]

Precious Metals - Geopolitical factors are supporting gold prices, with the situation in Venezuela and the Middle East playing a significant role. Strong U.S. unemployment data is also noted. Central bank gold purchases and rising gold ETF holdings are expected to continue supporting gold prices through 2026 [2] - Silver prices are following gold trends, with a decrease in London silver leasing rates and an increase in inventory [2] - Platinum prices are expected to strengthen due to anticipated U.S. tariffs [2] Copper - U.S. employment data shows mixed results but reflects economic resilience. Ongoing strikes at the Mantoverde copper mine in Chile are causing supply disruptions, leading to a bullish outlook for copper prices. The market is advised to monitor the impact of Trump's nomination for the next Federal Reserve chair on copper prices [3] - Supply constraints are expected to persist, while demand may be affected by high prices. However, low inventory levels in non-U.S. regions and a return to Monroe Doctrine strategies are likely to enhance price elasticity [3] Aluminum - Strong macroeconomic performance is driving aluminum prices to maintain high levels. Increased daily production due to new projects in China and Indonesia is noted, alongside a slight increase in operating rates for domestic aluminum processing companies [3] Tin - Supply bottlenecks remain, providing strong support for tin prices. Delays in the resumption of mining in Myanmar and uncertainties in Indonesia's RKAB approval process are limiting supply elasticity. Despite adjustments in the Federal Reserve's interest rate path, tin prices are supported by liquidity expectations and demand from the semiconductor industry [3] Energy Metals - Lithium inventory accumulation and rising production are noted, with marginally weakening demand. A reduction in export tax rebates for battery products may lead to front-loaded demand, making seasonal demand stronger than expected [4] - Cobalt prices remain high due to tight upstream raw material supplies, while cobalt companies are extending their reach into downstream electric new energy sectors to enhance competitive advantages [4] - Rare earth prices are rebounding due to policy support and pre-holiday stocking demand, with significant increases in medium and heavy rare earth prices [4] Robotics Industry - Chinese humanoid robot companies showcased significant advancements at CES 2026, with over 28 companies participating, highlighting China's technological capabilities in this field [9] - Notable products included the full range of offerings from Zhiyuan Robotics and interactive demonstrations from other companies, indicating a strong presence in the global market [9] - International competitors like LG and Boston Dynamics also made strides in humanoid robotics, showcasing innovative applications and capabilities [10] Company Developments - Xinjian Transmission has initiated its listing guidance with CITIC Securities as the advisory institution. The company specializes in manufacturing gear components and is a core supplier for Tesla's humanoid robot [11]

Core Insights - Nasda has launched the world's first DSP chip G32R501 based on Arm® Cortex®-M52 dual-core architecture, designed for embodied robot applications, offering high computational performance, sensitive signal acquisition, and precise real-time control [2] Group 1: Product Features - The G32R501 chip utilizes Arm Helium technology and proprietary Zidian mathematical instruction extension units to meet the high computing power, efficiency, and precision requirements for perception, decision-making, motion control, and efficient human-robot interaction in embodied robots [2] - The company provides high-voltage servo controller solutions and six-axis robot joint drive controller solutions based on the G32R501 and EtherCAT communication chips, employing a dual-core parallel processing design to enhance dynamic performance, load capacity, precision, and response speed of robots [2] Group 2: Product Portfolio - The product lineup for humanoid robots includes joint controllers, real-time control DSP chips for dexterous hands, smart encoder chips, cerebellum computing chips, battery management master control chips, visual radar sensor chips, and torque sensor chips [2] - Some products have already been shipped in bulk to companies in the robotics and industrial automation sectors, such as Yushu Technology and Huichuan Technology [2]