在广州海心沙全空间智能体验中心，前来参加APEC"中国年"首场正式活动的百余位政府官员，被现场 演示自主售卖爆米花的人形机器人所吸引，他们一边驻足参观，一边交流问询，深度了解中国科技创新 的最新成果。 上述机器人来自深圳越疆科技，正是年初火爆全网的越疆全自主人形机器人Atom。彼时，Atom进驻深 圳电影院，在无人辅助情况下，每日连续工作14个小时，实现日销爆米花1000杯、单日营收突破2万元 的业绩。 这是全球首例在复杂商业环境中，全自主运营的技术突破与应用落地，展现了该款机器人自身成熟的技 术实力与商业化落地方面的初步成果。 接下来则是量产。在参与APEC"中国年"活动展演前夕，越疆正式启动第三批全尺寸工业人形机器人 Atom的量产交付，开始奔赴更广阔、更真实的产业前线。 "对我们而言，量产绝非简单的数量叠加。行业的共识日益清晰，机器人的终极价值在于成为务实的生 产力工具。量产能力是区分'实验室概念'与'工业化产品'的最关键标尺。"越疆科技市场总监谢凯旋告诉 南方财经记者。 在我国"十五五"规划建议中，具身智能被列为未来产业的核心。站在从技术突破到产业爆发的关键窗 口，以越疆为代表的广东机器人企业，正在致 ...

"杭州六小龙"之一群核科技赴港上市迎关键进展。 2月14日，证监会发布《关于Manycore Tech Inc.（群核科技）境外发行上市备案通知书》。其中提到， 群核科技拟发行不超过312,432,000股境外上市普通股并在香港联合交易所上市。群核科技有望成为"杭 州六小龙"中首家上市公司。 | 名 家 | 关于Manycore Tech Inc. (群核科技) 境外发行上市备彩通知书 | | | | --- | --- | --- | --- | | 发布机构 文 号 | 图合图 [2026] 394 号 | 发文日期 主题词 | 2026年02月14日 | 2025年8月，群核科技更新招股书，继续推动在港交所的上市进程。招股书显示，公司已实现扭亏为 盈，截至2025年6月30日的上半年，公司实现经调整净利润1783万元。 "杭州六小龙"自2025年火出圈以来，IPO工作也持续推进。除群核科技外，目前，宇树科技A股IPO也已 完成辅导备案，云深处A股IPO也已处于辅导备案阶段，而有消息称，强脑科技也已秘密向港交所递交 了IPO申请。 SFC 出品丨21财经客户端 21世纪经济报道 编辑｜江佩霞 见习编辑林芊 ...

Group 1 - The core viewpoint of the article is that Manycore Tech Inc. (群核科技) is making significant progress towards its IPO in Hong Kong, potentially becoming the first listed company among the "Hangzhou Six Little Dragons" [1] - The China Securities Regulatory Commission (CSRC) issued a notice on February 14, 2026, regarding Manycore Tech's overseas issuance and listing, allowing the company to issue up to 312,432,000 shares [2] - Manycore Tech owns the world's largest spatial design platform, "CoolJia" and its overseas version "Coohom," as well as the next-generation spatial intelligence solution platform "SpatialVerse," which caters to both real and virtual environments [5] Group 2 - As of June 30, 2025, Manycore Tech achieved a turnaround to profitability, reporting an adjusted net profit of 17.83 million yuan for the first half of 2025 [5] - The IPO efforts of the "Hangzhou Six Little Dragons" have been ongoing since their rise to prominence in 2025, with other companies like Yushu Technology and Yundongchu also progressing in their IPO processes [5] - Manycore Tech plans to launch the Aholo spatial intelligence open platform in 2025, integrating over a decade of core capabilities in spatial reconstruction, generation, editing, and understanding [5]

Group 1 - Manycore Tech Inc. has received a notification for overseas listing, planning to issue up to approximately 312 million shares on the Hong Kong Stock Exchange, with JPMorgan and CCB International as joint sponsors [1][4] - Manycore Tech is part of the "Hangzhou Six Little Dragons" and aims to be the first among them to go public [1][3] - The company was founded in 2011 by Huang Xiaohuang, Chen Hang, and Zhu Hao, who have backgrounds in NVIDIA, Microsoft, Amazon, and the National Supercomputing Application Center [3] Group 2 - Manycore Tech is the largest space design software provider in China, with a market share of approximately 23.2% based on projected 2024 revenue [3] - Revenue is expected to grow from 601 million yuan in 2022 to 755 million yuan in 2024, with a 9.4% year-on-year increase in the first half of 2025, reaching 399 million yuan [3][4] - The gross profit margin is projected to increase from 72.7% to 82.1% during the same period [3] Group 3 - The co-founders hold significant shares: Huang Xiaohuang at 15.46%, Chen Hang at 11.04%, and Zhu Hao at 4.22% [4] - The company has received investments from several institutions, including IDG Capital, GGV Capital, and Hillhouse Capital [4] - Funds raised from the IPO will be primarily used for international expansion, product upgrades, domestic sales promotion, core technology investment, and general operational purposes [4]

Group 1 - Manycore Tech Inc. (群核科技) is expected to become the first listed company among the "Hangzhou Six Little Dragons" as it progresses towards its IPO in Hong Kong [1] - The company plans to issue up to approximately 312 million shares for its overseas listing on the Hong Kong Stock Exchange [1] - Manycore Tech owns the largest spatial design platform globally, "CoolJia" and its overseas version "Coohom," along with the next-generation spatial intelligence solution platform "SpatialVerse" [3] Group 2 - The company aims to upgrade its strategy to focus on "spatial intelligence" by 2025, emphasizing three core areas: spatial editing tools, spatial data, and spatial large models [3] - As of June 30, 2025, Manycore Tech reported an adjusted net profit of 17.83 million yuan, indicating a turnaround to profitability [3] - The net proceeds from the IPO will primarily be used for international expansion, enhancing existing products, launching new products, domestic sales and marketing, investing in core technologies, and general corporate purposes [4] Group 3 - Other companies in the "Hangzhou Six Little Dragons" are also advancing their IPO processes, with Yushu Technology completing its A-share IPO guidance and Yundongchu in the guidance phase [4]

道总有理 . 科技创新与商业动态观察家，探究产业趋势，深挖商业内幕，只讲有用的干货，只做有价值的输出。 以下文章来源于道总有理 ，作者道总 来源丨 道总有理 （ID： daotmt ） 作者丨 道总 图源丨AI制作 去年春晚，宇树科技的机器人一身花棉袄，在舞台上扭了一把秧歌，直接引爆了人形机器人的赛道。 今年，春节还没来，机器人企业已经围绕春晚的"入场券"展开了激烈的竞逐。 有消息称，智元机器人为争夺春晚权益曾率先开价6000万元，但宇树科技直接将报价拉升至1亿元。 截至目前，魔法原子、银河通用、宇树科技及松延动力四家厂商相继官宣，将登陆2026年央视春 晚，而有行业人士透露，今年将会有五家机器人公司登陆春晚，每家分别出资金额1亿元。 机器人企业在舞台上红红火火，机器人租赁的市场也热热闹闹。 节前 ，租赁商不仅订单"起飞"，各 地赶场，市场上还迎来了大型平台的接连入场。前段时间，由智元等发起的机器人租赁平台擎天租正 式上线，不到一个月的时间，另一家机器人租赁平台万机易租也高调亮相。 它们想做机器人界的"滴滴"。 平台一统"租赁江湖"？ 去年，宇树扭秧歌留下的余波影响了人形机器人租赁市场一整年，需求火热，订单猛 ...

Group 1 - The core point of the news is that Qunhe Technology, one of the "Six Little Dragons of Hangzhou," has made significant progress towards its IPO in Hong Kong, having received the overseas issuance listing notice from the China Securities Regulatory Commission [1] - Qunhe Technology is expected to officially list in 2026, becoming the first company among the "Six Little Dragons of Hangzhou" to go public, following a year since its IPO application was submitted to the Hong Kong Stock Exchange in February 2025 [1] - The company owns the spatial design platform "CoolJia" and the next-generation spatial intelligence solution "SpatialVerse," which focuses on AI development for indoor environments and virtual product displays [1] Group 2 - In addition to Qunhe Technology, other companies among the "Six Little Dragons of Hangzhou" are also actively preparing for their IPOs, indicating a broader trend of capital market engagement within this group [1][4] - Yunshe Technology has submitted IPO counseling materials to the Zhejiang Securities Regulatory Bureau, with the counseling period expected to conclude between April and June 2026, potentially leading to an A-share application [2] - Strong Brain Technology, a brain-computer interface company, is rumored to have secretly submitted an IPO application to the Hong Kong Stock Exchange [3]

在谈及具身智能的技术突破方向时，宇树科技创始人、CEO王兴兴表示："目前最大的问题是具身智能 AI模型本身的能力还不够。最典型的代表就是它的泛化能力和通用性不够，比如说它可以用端到端的 AI技术，在某个固定场景做训练，基本上可以做到100%的成功率。但是有个致命的问题，如果这个场 景的内容稍微改变一下，它的成功率会暴跌。我觉得每个人在具身智能或者具身智能AI时代都有机 会，我一直感觉这个时代的牛顿都还没有诞生，还处在一个比较粗犷的技术时代。 ...

编者按：2025年，科技互联网的齿轮转动得比以往任何时候都要快。在技术洗牌的前夜，没有人敢停 下。 经济观察报记者任晓宁 我们看到，大厂在算力和大模型应用里厮杀，电商在监管与合规的夹缝中重塑底线。做无人机的去卷扫 地机器人，一批公司蜂拥去做智能眼镜，整个硬件圈陷入了一种"无所不能"的集体幻觉与入口焦虑。 我们也看到，人形机器人刚踉踉跄跄地走出实验室，在车间干些零活，就迎来残酷的价格战；短剧告别 了一夜暴富的粗放模式，漫剧直接降维打击，头部内容公司既兴奋又不安。 这不再是写份PPT就能拿到千万融资的时代，技术、商业化场景和生态优势，丢了哪头都不行。活下 去，并且要硬核地活下去，成了2025年TMT行业的共识。 2月初，银河通用创始人王鹤出现在北京中关村智源学者年会上，他是全场最受关注的人，主持人多次 提到银河通用是国内融资最多的具身智能公司。2026年央视春晚，银河通用的人形机器人将与宇树科 技、松延动力、魔法原子同台竞技。 2024年具身智能概念爆发，2025年则是这个行业从科幻走入现实、从实验室冲向工厂、从蓝图变为报表 的关键拐点。这一年，具身智能首次被写入政府工作报告，曾经高不可攀的人形机器人开始以万为单 ...

这不再是写份 PPT 就能拿到千万融资的时代，技术、商业化场景和生态优势，丢了哪头都不行。活下去，并且要硬核地活下去，成了 2025 年 TMT 行业的共 识。 2月初，银河通用创始人王鹤出现在北京中关村智源学者年会上，他是全场最受关注的人，主持人多次提到银河通用是国内融资最多的具身智能公司。2026 年央视春晚，银河通用的人形机器人将与宇树科技、松延动力、魔法原子同台竞技。 2024年具身智能概念爆发，2025年则是这个行业从科幻走入现实、从实验室冲向工厂、从蓝图变为报表的关键拐点。这一年，具身智能首次被写入政府工作 报告，曾经高不可攀的人形机器人开始以万为单位定价，出现在药店、电影院和汽车总装线上。 经济观察报 记者 任晓宁 编者按：2025 年，科技互联网的齿轮转动得比以往任何时候都要快。在技术洗牌的前夜，没有人敢停下。 我们看到，大厂在算力和大模型应用里厮杀，电商在监管与合规的夹缝中重塑底线。做无人机的去卷扫地机器人，一批公司蜂拥去做智能眼镜，整个硬件圈 陷入了一种 " 无所不能 " 的集体幻觉与入口焦虑。 我们也看到，人形机器人刚踉踉跄跄地走出实验室，在车间干些零活，就迎来残酷的价格战；短剧告别了一 ...