Core Insights - Shanghai Yuejiang Embodied Intelligent Technology Co., Ltd. has been established with a registered capital of 50 million RMB, fully owned by Shenzhen Yuejiang Technology Co., Ltd. [1] Company Overview - The legal representative of the new company is Jiang Yu [1] - The company operates in the field of scientific research and technical services, specifically in engineering and technology research and experimental development [1] - The registered address is located at 2555 Xiupu Road, Building 18, 2nd Floor, Pudong New District, Shanghai [1] Business Scope - The business scope includes technology services, development, consulting, exchange, transfer, and promotion, as well as software development and sales of intelligent robots and artificial intelligence-related products [1] - Specific areas of focus include: - Research and development of intelligent robots - Sales of service consumer robots and intelligent robots - Development of artificial intelligence theories, algorithms, and software [1] - The company is also involved in providing technical consulting services for artificial intelligence public service platforms and information technology [1]

Group 1 - The company, 越疆 (02432), announced that Mr. Jiang Yu has been elected as the employee representative director at the employee representative meeting scheduled for December 9, 2025 [1]

SHENZHEN DOBOT CORP LTD 深圳市越疆科技股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2432） 2025年第三次臨時股東會代表委任表格 | 本代表委任表格相關 | 股內資股 | | --- | --- | | （附註1） 股份數目 | 股H股 | 本人╱吾等 （附註2） 地址為 為深圳市越疆科技股份有限公司（「本公司」）股本中每股面值人民幣1.00元的內資股╱H股 股 （附註3） 的登記持有人，茲委任大會主席或 （附註4） 地址為 為 本 人╱吾 等 的 受 委 代 表，代 表 本 人╱吾 等 出 席 本 公 司 謹 訂 於2025年12月29日（星期一）上 午10時正在中國 深圳市南山區桃源街道福光社區留仙大道3370號南山智園崇文園區2號 樓24層會議室舉行的2025年第三次 臨時股東會（「臨時股東會」）及其任何續會，以考慮及酌情通過載於臨時股東會通告的決議案，並依照下列 指示代表本人╱吾等並以本人╱吾等名義就決議案投票，如無作出指示，則由本人╱吾等的代表自行酌情投 票。除 非 另 有 說 明，否 則 本 代 表 委 任 表 格 所 用 詞 彙 與 本 公 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本通告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 通 告 全 部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 SHENZHEN DOBOT CORP LTD 深圳市越疆科技股份有限公司 （於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） （股 份 代 號：2432） 臨時股東會通告 茲通告 深圳市越疆科技股份有限公司（「本公司」）將 於2025年12月29日（星 期 一） 上 午10時正在中國深圳市南山區桃源街道福光社區留仙大道3370號南山智園 崇文園區2號 樓24層會議室舉行臨時股東會（「臨時股東會」）或 其 任 何 續 會，以 審 議 並 酌 情 通 過 以 下 決 議 案： 特別決議案 1. 審 議 及 批 准 取 消 監 事 會 及 建 議 修 訂 本 公 司 的 公 司 章 程。 4.0 審 議 及 批 准 通 過 累 積 投 票 制 選 舉 第 二 屆 董 事 會 獨 立 董 事。 4.1 審 議 及 批 准 選 ...

此乃要件 請即處理 閣下如 對本通函任何方面或應採取的行動 有任何疑問，應諮詢 閣下的股票經紀 或其他持牌證券交易商、銀行經理、律師、專業會計師或其他專業顧問。 閣下如已售出或轉讓 名下全部 深圳市越疆科技股份有限公司 股 份，應 立 即 將 本 通函連同代表委任表格送交買方或承讓人，或送交經手買賣或轉讓的銀行、股票 經紀或其他代理人，以便轉交給買主或承讓人。 香港交易及結算所有限公司及香港聯合交易所有限公司對本通函的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本通函全部或 任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 SHENZHEN DOBOT CORP LTD 深圳市越疆科技股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2432） (1)建議修訂公司章程及取消監事會； (2)建議修訂公司治理政策； (3)建議選舉及委任第二屆董事會董事； 及 (4)臨時股東會通告 本 通 函 所 用 詞 彙 均 具 有 本 通 函「釋 義」一 節 所 載 涵 義。董 事 會 函 件 載 於 本 通 函 第3 頁至第9頁。 「董事」 指 本公司的董事 「 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 就 因 本 公 告 全部或任何部分內容所產生或因依賴該等內容而引致的任何損失承擔任何責 任。 SHENZHEN DOBOT CORP LTD 深圳市越疆科技股份有限公司 建議修訂公司章程包括(i)刪除所有提及「監 事」及「監 事 會」的 內 容；並 規 定 監 事 會 的 若 干 職 能 及 權 力 將 由 本 公 司 審 計 委 員 會 行 使；及(ii)作 出 其 他 相 應 修 訂。 待本公司股東（「股 東」）於 臨 時 股 東 會 上 批 准 後，監 事 會 的 議 事 規 則 及 與 監 事 會 有 關 的 其 他 內 部 政 策 將 予 廢 止。 （於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） （股 份 代 號：2432） (1)建 議 修 訂 公 司 章 程 及 取 消 監 事 會； (2)建 議 修 訂 公 司 治 理 政 策； (3)建 議 選 舉 及 委 任 第 二 屆 董 事 會 董 事 ...

Core Insights - A technological revolution in human-robot collaboration is taking place in China's manufacturing sector, with humanoid and collaborative robots becoming integral to production lines, enhancing flexibility and operational efficiency [1][2] - The year 2025 is anticipated to be a pivotal year for humanoid robot mass production and industry acceleration, with robots increasingly visible in various public and industrial settings [1][2] Group 1: Market Dynamics - Leading robotics companies are transitioning from laboratory demos to commercial applications, with significant order volumes indicating market maturity; for instance, UBTECH secured over 1.3 billion yuan in humanoid robot orders in 2025 [2][3] - The global humanoid robot market is projected to reach 6.339 billion yuan in 2025, with sales expected to exceed 12,400 units, while the overall robotics market may surpass $400 billion by 2029 [2][3] Group 2: Order Trends - The surge in orders is a critical driver for the robotics industry, with major players like UBTECH and Yuetian Robotics achieving record-breaking contracts, including a 2.64 billion yuan deal for humanoid robots [3][4] - The competitive landscape is intensifying, with companies like Original Force and UBTECH consistently securing large contracts, indicating a robust demand for humanoid robots across various sectors [3][4] Group 3: Investment Landscape - The investment interest in the humanoid robotics sector is growing, with significant funding rounds reported; for example, Starry Era completed nearly 1 billion yuan in financing, reflecting the sector's commercial potential [8][10] - In 2025, the investment activity in the humanoid robotics space has been prolific, with over 100 financing events totaling more than 15 billion yuan in the first half of the year [10][11] Group 4: Technological Advancements - The evolution of robotics technology is marked by a shift from isolated breakthroughs to systematic maturity, enabling robots to perform effectively in real-world applications [12][13] - The focus on reducing uncertainties in robot deployment is crucial, with advancements in algorithms and hardware integration enhancing operational stability [13][14] Group 5: Market Expansion - The industry consensus indicates that the B2B sector is currently more viable for robotics commercialization due to standardized demands, while B2C applications are still developing [15][16] - The introduction of affordable consumer-grade robots is expanding market possibilities, with products priced around 10,000 yuan becoming available, thus broadening the consumer base [15][16]

Group 1 - The core viewpoint of the articles highlights Guangdong's leading position in the artificial intelligence (AI) and robotics industry, with industrial robot production accounting for over 40% of the national total and service robots over 80% [1] - From January to October, the core AI industry in Guangdong reached a scale of over 230 billion yuan, with industrial and service robot production at 260,200 units and 12,838,800 units respectively, maintaining the top position in the country [1] - The Guangdong Provincial Office for AI and Robotics Innovation Development emphasizes the province's advantages in electromechanical and digital intelligence technologies, leading in R&D capabilities, enterprise development, key products, industry applications, and market potential [1] Group 2 - The "2025 Guangdong-Hong Kong-Macao Greater Bay Area AI and Robotics Industry Conference and Skills Competition" (XAIR Conference) will be held from December 12 to 14 in Guangzhou, showcasing Guangdong's AI and robotics industry [2] - The conference will feature a high-profile gathering of industry leaders and will include the participation of notable companies from Shenzhen, presenting their latest innovations in robotics [2] - The event will also host the 2025 Guangdong AI and Robotics Skills Competition, allowing for live demonstrations of robots in various applications, alongside a consumer technology carnival [3] Group 3 - Since the establishment of the leadership office in March, Guangdong has initiated a wave of innovation in the AI and robotics industry, with local governments forming specialized teams to support development [5] - A comprehensive policy matrix has been established to support the AI and robotics industry across key cities in Guangdong, including Guangzhou, Shenzhen, and Dongguan [5] - Guangdong aims to build an AI industry ecosystem to support various AI enterprises, with a focus on creating a core industrial layout centered around Guangzhou and Shenzhen [5]

Core Viewpoint - Shenzhen has seen a surge in young companies going public, with 121 companies listed within ten years of establishment, driven by innovation resources, supportive policies, and active financial capital [1][2][3] Group 1: Young Companies and Market Dynamics - Shenzhen has produced a significant number of "young listed companies," with 121 companies achieving this milestone, including notable firms like BYD and Dazong Laser [1][3] - Many of these companies are leaders in niche markets, with examples including BYD as the "first stock" in Chinese automotive and Dazong Laser as the "first stock" in domestic laser equipment [3] - The "20+8" industrial cluster in Shenzhen has been a primary source for new listings, reflecting both market trends favoring tech companies and Shenzhen's commitment to building an innovation ecosystem [3][4] Group 2: Innovation and Supply Chain Advantages - Shenzhen's focus on innovation has led to a large number of high-tech enterprises, with over 25,000 national high-tech companies as of 2024, the highest density in China [4] - The region's supply chain capabilities allow for rapid product development, with 90% of components available within a one-hour drive, facilitating quick transitions from design to production [4][5] - Companies like YingShi Innovation and YueJiang Robotics have relocated to Shenzhen to leverage its superior supply chain resources, significantly enhancing their operational efficiency [5][6] Group 3: Government Support and Policies - The Shenzhen government has implemented various supportive policies to foster company listings, including a comprehensive nurturing system for market entities [7][8] - As of now, Shenzhen has approximately 590 listed companies, with over 540 on A-share and Hong Kong markets, ranking among the top cities in China [7] - The government has established a one-stop service platform for companies seeking to go public, which has been emulated by other regions [8] Group 4: Financial Ecosystem and Capital Support - Shenzhen has developed a multi-layered financial ecosystem, with private equity and venture capital funds exceeding 1.5 trillion yuan, supporting around 14,000 companies [10][11] - Initiatives like "Shenzhen Venture Day" have facilitated connections between innovative companies and global capital, resulting in significant funding agreements [10][12] - The city aims to create a robust capital market that aligns with high-quality economic development, with a focus on technology-driven enterprises [12]

Core Insights - Cao Cao Mobility (02643.HK) has announced a strategic upgrade for its Robotaxi services, aiming for a "Ten Years, One Hundred Cities, One Hundred Billion" goal, targeting a total transaction value (GTV) of 100 billion RMB over the next decade [2][3] - The company has established a strategic partnership with Qianli Zhijia to accelerate the commercialization of Robotaxi services, leveraging L4-level autonomous driving technology [2][4] Company Overview - Founded in 2015 and headquartered in Suzhou, Cao Cao Mobility is a ride-hailing platform incubated by Geely Holding Group, currently the second-largest shared mobility platform in China [2] - The company went public on the Hong Kong Stock Exchange on June 25, with a market capitalization of approximately 28 billion HKD [2] Robotaxi Strategy - The Robotaxi strategy consists of a three-phase approach: initial demonstration operations in Suzhou and Hangzhou, transitioning from human-driven to fully autonomous operations, and finally launching fully customized Robotaxi models for global commercial operations [3][4] - The second phase will introduce the Cao Cao Zhixing Ras remote safety service platform and a digital asset management system to enhance operational efficiency [3] Industry Context - The Robotaxi sector is entering a phase of large-scale expansion, with competitors like Zhaofu Intelligent Technology and Pony.ai planning significant deployments in the coming years [4] - Cao Cao Mobility's model combines smart custom vehicles, autonomous driving technology, and intelligent operations, providing a cost advantage in vehicle production and operational efficiency [5] Operational Innovations - The introduction of the Green Intelligent Passage Island aims to improve operational efficiency and profitability, featuring automated functions such as vehicle cleaning and energy replenishment [5] - A strategic partnership with Yujian Technology will see humanoid robots assist in vehicle maintenance and operations, addressing industry challenges related to efficiency [5][6] Future Directions - The company is exploring new operational models, including allowing drivers to purchase vehicles and establish operational partnerships to reduce capital investment burdens [6]