激光雷达：AEBS 新规催化标配预期，割草机+无人城配 快速放量 20250612 Q&A 激光雷达在科技行业大规模落地和商业变现中的核心作用是什么？ 科技行业的大规模落地和商业变现的背后，本质上是要解决替代人的问题。替 代人需要模拟人与世界的交互方式，简单来说可以抽象为三个环节：五官感受 客观世界的变化、大脑进行认知和分析、手脚及其他器官反馈和执行。因此， 感知客观世界的变化是所有一切的起点。激光雷达作为多维感知领域的重要技 术之一，在包括智能驾驶、安监等多个方向上发挥了关键作用。 近期车规市场最大的变化是什么？其对激光雷达配置有何影响？ 近期车规市场最大的变化是 ABS 新规征求意见稿的发布。这一新规对于 L2 及 以下级别车辆配置激光雷达，以实现基本安全性防护和感知功能，有非常强的 催化作用。这将推动更多车辆采用激光雷达，提高整体安全性。 激光雷达技术在自动驾驶中的应用呈现下沉化、扩散化、高端化趋势， 价格快速下沉，应用范围从乘用车扩展到轻型商用载货车，同时 L3/L4 级别车辆对高性能激光雷达的需求增加。 无人货运车市场快速发展，多家厂商积极布局，预计 2025 年将实现大 规模交付，激光雷达是主流配 ...

摘要 万马科技通过收购有方科技切入车联网领域，车联网业务收入从 2021 年的 5,000 万元增长到 2024 年的 2.6 亿元，利润也显著提升，并已建 立完整的数据闭环工具链和智驾算力中心。 国内车联网行业渗透率约为 80%，海外市场渗透率不足 30%，随着智 能驾驶对数据需求的增加，国内外市场均有较大的发展空间，尤其 Robotaxi 对实时数据监控和技术要求更高，单车价值提升显著。 优卡科技提供蓝海全球车联和云自动驾驶数据闭环两大解决方案，支持 1,400 万辆车辆，客户包括吉利、上汽、东风和理想等，并在全球范围 内支持 Robotaxi 企业的业务布局。 Robotaxi 被视为车联网行业发展的"皇冠上的明珠"，高盛预测中国 Robotaxi 市场年化增长率将达到 96%。目前已在北京、武汉、广州以 及香港、迪拜等地进行常态化运营，特斯拉也即将推出相关业务。 Robotaxi 运营对网络质量有极高要求，包括运行安全、用户交互、合 规性、自动驾驶数据采集和运维等方面，需要高清地图、车路协同、远 程脱困以及海量数据支持。 万马科技 20250612 据监控需求高，对技术和数据量要求也更高，从单车价值上 ...

Core Viewpoint - The report serves as an independent financial advisory opinion on the 2025 restricted stock incentive plan of Zhongfutong Group Co., Ltd, ensuring compliance with relevant laws and regulations while assessing the plan's feasibility and potential impact on the company's sustainable development and shareholder interests [1][19]. Summary by Sections Independent Financial Advisor's Role - The independent financial advisor, Shanghai Xinguang Yihe Enterprise Management Consulting Co., Ltd, was commissioned to provide an opinion on the incentive plan based on information provided by Zhongfutong, ensuring the accuracy and completeness of the data [1][2]. Basic Assumptions - The report is based on assumptions that current laws and regulations will not change significantly, and that all provided information is accurate and complete [5]. Main Content of the Incentive Plan - The incentive plan involves granting 2 million restricted stocks, representing 0.87% of the company's total share capital of 2,297.43622 million shares. The initial grant will be 1.7 million shares (0.74% of total shares), with 300,000 shares reserved [4][6][20]. Timeframe and Conditions - The plan's effective period is up to 48 months from the grant date, with specific conditions for stock vesting and a prohibition on stock transfer during certain periods [6][9]. Grant Price - The initial grant price for the restricted stocks is set at 7.64 RMB per share, which is above the par value and in line with regulatory requirements [10][11]. Performance Assessment - The performance targets for the incentive plan include net profit benchmarks for the subsidiary Shenzhen Yingboda, with specific targets set for 2025 and 2026 [14][16]. Financial Impact - The implementation of the incentive plan is expected to positively influence the company's sustainable operations and shareholder equity by motivating key personnel and aligning their interests with those of the shareholders [21][22]. Compliance and Feasibility - The plan complies with relevant regulations and has a clear operational framework for approval, granting, and vesting processes, ensuring its feasibility [19][20]. Performance Evaluation System - The performance evaluation system is designed to assess both company-wide and individual performance, ensuring a comprehensive approach to measuring effectiveness [24].

机器之心报道 编辑：泽南、陈陈 让我们祝贺获奖者。 本周三，全球图形学领域的顶级会议 SIGGRAPH 公开了今年的论文奖项。 SIGGRAPH 自 1974 年起由美国计算机协会计算机图形专业组（ACM SIGGRAPH）每年组织举办。该会议在图形图像技术，计算机软硬件等方面都有着相当高的 影响力。如今，大会涵盖的技术领域包含动画、模拟、成像、几何、建模、渲染、人机交互、触觉、制造、机器人、可视化、音频、光学、编程语言、沉浸式体 验、生成式人工智能和视觉计算机器学习等。 今年的 SIGGRAPH 大会将在 8 月 10-14 日在加拿大温哥华举行，根据此前信息，共有 306 篇技术论文被接收。 最佳论文奖 今年大会共评选出 5 篇最佳论文，国内机构收获颇丰，包括上海科技大学、华中科技大学、厦门大学、清华大学在内的机构获奖。以下是获奖及提名论文的简要 介绍。 论文 1：Shape Space Spectra 这篇获奖论文作者全部来自国内机构。此外，2024年该团队也曾获得两项SIGGRAPH最佳论文提名。 论文摘要：从单幅 RGB 图像恢复高质量的 3D 场景在计算机图形学中是一项极具挑战性的任务。当前的方法 ...

Group 1 - The core viewpoint of the articles highlights WiMi Hologram Cloud's significant growth in net profit despite a decrease in total revenue, indicating a strong operational efficiency and potential for future growth [1][2]. - As of December 31, 2024, WiMi's total revenue is projected to be 542 million RMB, a year-on-year decrease of 7.42%, while the net profit attributable to the parent company is expected to reach 71.64 million RMB, reflecting a year-on-year increase of 117.01% [1]. - WiMi Hologram Cloud is positioned as a leading provider of holographic cloud technology solutions in China, focusing on various aspects of holographic AR technology, including AI synthesis, visual presentation, and advertising [1][2]. Group 2 - The company has made significant breakthroughs in various holographic application fields such as advertising, entertainment, education, and 5G communications, aiming to enhance the depth of research and market application in holographic 3D computer vision [2]. - WiMi's vision is to become a creator of the holographic ecosystem in China, emphasizing the development of a strong and open service platform that bridges the application of holographic technology and computer vision presentation [2].

6月11日下午，在华为Pura 80系列正式亮相发布会前，余承东先在微博玩梗为Pura 80开场 造势。 6月11日，在华为新品发布会上， 华为常务董事、终端BG董事长 余承东宣布， Pura 80 Pro版本售价6499元起 ，Pura 80 Pro+版本售价7999元起，Pura 80 Ultra版本售价9999 元起。其中Pura 80 Ultra版本最高售价10999元。 余承东介绍，Pura 80系列在视频拍摄方面表现出色，华为Pura 80系列出厂搭载 HarmonyOS 5.1操作系统，全新小艺再升级，新增AI视觉识别能力。 余承东表示，Pura 80系列在视频拍摄方面表现出色，尤其在高难度的大光比场景中。全系采 用第八代ISP，配合一英寸RYYB超大底传感器。其中华为Pura 80 Ultra通过一镜双目的双焦 段切换式长焦结构，将3.7x中长焦镜头与9.4x超长焦镜头合二为一，配合1/1.28英寸业界最 大长焦传感器。 余承东在发布会上表示： "Pura 80系列的影像能力绝对对得起那四个字（遥遥领先） 。" 发布会上，余承东表示，科技长跑拼的是长期的研发投入耐力， 过去十年，华为累计研发投 ...

Core Points - Huawei upgraded its AI capabilities with the launch of the Pura80 series smartphones, introducing enhanced AI visual recognition features [1] - The new AI assistant, Xiaoyi, now includes functionalities such as "Xiaoyi Sees the World" and continuous translation [1] Company Summary - Huawei held a product launch event on June 11, where it unveiled the Pura80 series smartphones [1] - The upgraded AI capabilities are a significant enhancement for the company's product offerings in the smartphone market [1] Industry Summary - The introduction of advanced AI features reflects the growing trend in the smartphone industry towards integrating AI technologies to improve user experience [1] - The competition in the smartphone market is intensifying as companies like Huawei innovate with AI functionalities [1]

Core Viewpoint - Ledong Robotics, a company focused on intelligent robot vision perception technology, has submitted its prospectus for an IPO on the Hong Kong Stock Exchange, aiming to become a leader in the global market for vision-based intelligent robots [2][3]. Group 1: Business Overview - Founded in 2017 and headquartered in Shenzhen, Ledong Robotics specializes in developing intelligent robot infrastructure centered around vision perception technology [2]. - The company is recognized as the largest global player in the vision perception technology sector for intelligent robots, based on projected revenue for 2024 [2]. - Ledong Robotics offers a product portfolio that includes vision perception sensors, algorithm modules, and intelligent lawn mowers, with significant revenue contributions from each segment [3]. Group 2: Financial Performance - Revenue is projected to grow from 234 million yuan in 2022 to 467 million yuan in 2024, driven by rapid sales increases in vision perception products [3]. - The sales volume of vision perception products is expected to rise from 2.11 million units in 2022 to 7.96 million units in 2024, with the first-generation intelligent lawn mower selling over 10,000 units in its first year [3]. - Despite revenue growth, the company has faced continuous losses, with net losses of 73.1 million yuan, 68.5 million yuan, and 56.5 million yuan from 2022 to 2024, primarily due to heavy investments in R&D and market penetration strategies [4]. Group 3: R&D and Future Plans - Ledong Robotics holds over 600 patents, with more than 300 being core invention patents, establishing a technological moat in key areas such as robot navigation and machine vision [5]. - The company plans to use the funds raised from the IPO to enhance R&D in vision perception technology, upgrade AI algorithms, expand production capacity, and explore potential investment opportunities for global expansion [5].

售价方面，华为Pura 80 Pro售价6499元起，Pura 80 Pro+售价7999元起，Pura 80 Ultra售价9999元起； Pura 80标准版将于7月开售，暂未公布具体价格。 另外，余承东宣布，HarmonyOS 5.1将于7月开启升级，首批升级机型包含华为Mate 70系列、华为Pura X、华为MatePad Pro 13.2英寸等。 责任编辑：何俊熹 余承东介绍，华为Pura 80系列升级第八代ISP，配合一英寸RYYB超大底传感器，实时数据处理能力提 升200%，AI色彩引擎提升120%，AI降噪提升113%，AI实时HDR提升41%，实现视频能力跨越式升 级。 其中，华为Pura 80 Ultra采用1英寸超高动态主摄，具备业界最高动态范围及业界最大进光量；首创一镜 双目长焦，实现超大底与超长焦的结合。通过一镜双目的双焦段切换式长焦结构，将3.7x中长焦镜头与 9.4x超长焦镜头合二为一，配合1/1.28英寸业界最大长焦传感器，升级长焦画质。 华为Pura 80系列出厂搭载HarmonyOS 5.1操作系统，全新小艺再升级，新增AI视觉识别能力，并拥有 5000+知名景点知识，可 ...

科创板第一位90后创始人来了。 6月11日，影石创新（688775.SH）正式登陆上海证券交易所科创板。上市首日开盘价为182元/股，较发 行价上涨285%，总市值突破700亿元。截至今日收盘，影石创新涨274.44%，市值709.77亿元。 | UY.SU 11:50 | IS.UU | | | | --- | --- | --- | --- | | 分时量 ▼ (2 量: 1197 现手: 1 | 22352 *** 买4 176.96 190 | | | | | | 买5 176.95 22 | | | | 11176 | 大单 176.93 *20 | | | | | 明细 ▲ | | | | | 15:07 177 00 | - | 数据来源：同花顺 此次影石创新科创板上市募资19.38亿元，为2025年以来科创板募资规模排名第一的企业。 超七成收入来自海外 影石创新2015年成立，扎根于智能影像领域，是全景相机、运动相机领域"双料冠军"，凭借开创性的技 术，迅速成为全球最受欢迎的智能影像品牌之一。在全景相机领域已连续六年霸榜全球第一，市占率达 到67.2%，2024年上半年营收超越美国老牌厂商Go ...