Core Viewpoint - The recent ceasefire agreement between Israel and Iran has boosted market confidence, leading to a significant rebound in the automotive sector, which ended a five-week decline [2][8]. Automotive Sector Performance - Last week was an excellent time to buy automotive stocks, as nearly 90% of the 100 tracked Chinese automotive stocks saw price increases, with an average gain of 5.32%, outperforming major stock indices [3][8]. - The total market capitalization of Chinese automotive stocks rose by approximately 400 billion to 10.75 trillion [3]. - All six major segments of the automotive sector shifted from a downward trend to an upward one, particularly in the intelligent driving, new energy, and commercial vehicle segments [3][8]. Notable Stock Performances - The top-performing stocks included Guoxuan High-Tech, which surged by 24.94%, and Hesai Technology, which rose by 21.48% [4][12]. - Other significant gainers included Baideli Holdings (20.45%), Ankai Bus (18.55%), and Haima Automobile (17.15%) [4]. - Stocks related to solid-state batteries and autonomous driving concepts were key drivers of this rally, with several companies experiencing gains exceeding 10% [5][6]. Declining Stocks - Despite the overall positive trend, some stocks in the passenger vehicle segment, such as BYD and XPeng Motors, experienced slight declines, with BYD's stock dropping by 1.77% [7][8]. - Jianghuai Automobile led the declines with a drop of 3.39%, although this was attributed to a correction following previous gains [7]. Market Outlook - The automotive industry is undergoing significant changes, with a focus on solid-state batteries and autonomous driving technologies, which are expected to continue influencing stock performance [8].

低空经济专题：盘点江浙沪皖低空经济建设，重点关注低 空物流领域 20250702 摘要 低空经济一级市场活跃，地方产业基金积极参与，但一级和二级市场存 在脱节，股价偏低，未来有望随政策落地和应用场景拓展而提升。 江浙沪皖地区低空经济设施网、公联网、航路网和服务网建设总招投标 金额到 2025 年 6 月达 47.67 亿元，关键在于适航飞行器和常态化应用 场景的发展。 中国在无人机应用领域领先，25 公斤以下轻小微型无人机可在人口密集 区飞行，无需适航证；25-150 公斤中型无人机需适航证。非载人和载 人无人机在人口稠密区飞行受限。 末端配送中，无人机效率高于人工，成本约为 3.8-4.9 元/千米/小时， 低于外卖员成本。支线物流中，无人机如 HY-100、FP-98 等型号油耗 成本约为 4.54 元/千米/小时，低于轻卡。 推荐关注极峰科技、绿能惠充、中恒股份、航天电子和顺丰控股等在低 空物流方向有布局的公司，它们的技术实力和市场布局值得关注。 低空经济服务平台建设总包商通常为中国电信、联通和移动，因低空飞 行器需通过其基站通信，数据报送至地方政府平台实现监视功能。 无人物流在支线物流中成本优势明显， ...

2025.07. 02 本文字数：2393，阅读时长大约4分钟 作者 | 第一财经 陆涵之 科技含量"满满"的无人仓，正在将商家的部分责任转移给骑手。 近期，短视频平台上，有骑手发布了自己在周黑鸭无人仓取餐的视频，受到了不少关注。视频显示， 骑手进入店内后，商家通过语音"遥控"骑手在冰柜取货，骑手在冰柜内翻找了一会才找齐商品。随 后商家要求骑手完成对商品扫码、输入顾客手机尾号、出小票、打包等操作，经过一系列流程最终完 成取货。骑手在视频中表示，"晚上12点店里没有人可以把关了，我只负责配送。" （图为骑手视频中的截图） 有骑手对第一财经表示对于这类需要骑手完成取货打包的无人仓订单，骑手十分抗拒却没有很好的解 决方法。 "骑手最讨厌的订单" 上海骑手张波（化名）对第一财经表示，"有遇到过这种无人仓商家，大多是卖猫粮、狗粮。"上述 骑手表示，这类订单并不是每天都有，偶尔会碰到一两单，频率大概是一周4到5单。虽然单量不 大，但张波表示这类订单是"骑手最讨厌的单"，因为骑手到店后商品没有完成打包，需要骑手自己 找货。他表示，这类商家地址往往较为隐蔽，路线较为复杂，到达后还需要骑手花费时间找货，很浪 费时间，并且又担心 ...

Core Insights - The rapid expansion of the express delivery market is driving the adoption of Level 4 (L4) autonomous driving technology, particularly in logistics, which is seen as a breakthrough application scenario for the technology [1][2][10] - Major players in the industry are targeting significant sales growth, with many companies aiming to double their sales figures this year [2][10] - The shift towards autonomous delivery vehicles is primarily due to the stable and predictable nature of express logistics routes, which allows for significant cost savings and efficiency improvements [4][5] Industry Dynamics - The commercial viability of L4 autonomous driving has been slow to materialize, but the logistics sector is emerging as a key area for exploration and implementation [3][10] - Companies like Baidu and others have pivoted towards express logistics after initial challenges in other applications, indicating a trend towards focusing on low-speed, stable environments for autonomous vehicles [3][4] - The cost savings associated with using autonomous delivery vehicles can be substantial, with estimates suggesting a reduction of 30%-50% in delivery costs [4][5] Market Opportunities - The potential market for autonomous delivery vehicles in the express logistics sector is estimated to be around 36.6 billion yuan [10] - The industry is witnessing a surge in demand for autonomous vehicles, with companies like Jiushi and others planning to significantly increase production capacity in response to market needs [8][10] - The collaboration between logistics companies and technology providers is crucial for developing reliable and safe autonomous vehicles, with partnerships being formed to enhance product development and market reach [12] Competitive Landscape - Leading express delivery companies such as SF Express and Zhongtong Express are actively investing in autonomous delivery vehicles, with plans to scale their fleets significantly in the coming years [6][10] - The entry of new players from adjacent markets, such as WeRide, indicates increasing competition in the autonomous logistics space, although the transition from other applications may pose challenges [13] - The industry is currently characterized by a lack of unified regulatory standards, with local regulations dictating the deployment of autonomous vehicles, which could impact market dynamics [11][12]

（文远知行获批在黄埔区全域开展无人驾驶物流车道路测试） 在城市路段作业，安全是重中之重，W5无人物流车具备行业领先的L4级无人驾驶实力，搭载了文远知 行自研的冗余传感器套件，可精准识别车辆、信号灯、行人及其他交通参与者，实现整车360度无盲 区、全天时、全天候精准感知。此外，W5无人物流车还标配冗余线控底盘、紧急制动系统、防碰撞预 警系统、行驶状态监控以及云控平台等多重安全防护机制，为每一次运输提供稳健可靠的安全保障。 当前，全球智慧物流正迎来高速发展期。预计未来三年全球无人物流车市场容量将突破千亿美元，到 2030年，将增长至7840亿美元。新的万亿蓝海正在快速孕育，文远知行将在这片商业蓝海中迎风领航， 让我们拭目以待！ （W5无人物流车能实现整车360度无盲区、全天时、全天候精准感知） 2025年7月2日，全球领先的自动驾驶科技公司文远知行WeRide（Nasdaq：WRD）正式宣布公司于6月 27日获得广州市黄埔区首批无人驾驶装备道路测试牌照，旗下无人驾驶物流车Robovan W5（下称"W5 无人物流车"）已在黄埔区全域开启路测。同时，文远知行W5无人物流车摘得"穗S·F0001试"车牌，是 广州黄埔 ...

Company Overview - Kunpeng Zhanchi (Shenzhen) Aviation Technology Co., Ltd. has been established with a registered capital of 10 million RMB, fully owned by Mali (Xiamen) Investment Co., Ltd. [1] - The legal representative of the company is Chen Yan [1]. Shareholder Information - Mali (Xiamen) Investment Co., Ltd. holds 100% of the shares in Kunpeng Zhanchi [2]. Business Scope - The company’s business scope includes a wide range of services such as technology services, technical development, technical consulting, and technical transfer [2]. - It also engages in the manufacturing and sales of intelligent unmanned aerial vehicles, agricultural management, and various consulting services [2]. - Additional activities include aviation support services, digital advertising, and software development, among others [2].

美国洛杉矶投资公司，TradesMax.com为美股投资者提供美股行情和投资策略的专业网站。一支有着多 年华尔街投资银行工作经验的美籍分析师团队，提供公司研究报告、美股交易技巧、美股软件、美股开 户指南、微信客服niugu88，微博美股投资网 来源 | 美股投资网 尽管Robotaxi的商业模式充满想象力，特斯拉眼下的基本面其实并不乐观。 华尔街多数分析师警告，这波涨势很可能只是短期的情绪推动，真正的考验还在后面。 从最新的交付数据预测来看，特斯拉正面临着实实在在的销量下滑。根据Visible Alpha对23位分 析师的调查，特斯拉2025年第二季度预计交付39.4万辆汽车，同比下降超过11%。这已经是连续 第二个季度出现两位数的降幅，而在第一季度，交付量的降幅也高达13%。Morningstar的高级分 析师Seth Goldstein直言，即使下半年销量有所回升，也无法完全弥补上半年疲软的表现。市场 的关注点，正在从"电动车交付增长"悄然转向"无人驾驶出租车的商业化进展"。 以下文章来源于美股投资网 ，作者StockWe.com 美股投资网 . 特斯拉的市场份额已经从2020年的15%骤降至如今的7.6 ...

Core Viewpoint - The rise of unmanned warehouses is shifting some responsibilities from merchants to delivery riders, leading to operational challenges and dissatisfaction among riders [1][4][5]. Group 1: Unmanned Warehouse Operations - Unmanned warehouses are becoming more common, with brands like Zhou Hei Ya adopting this model to reduce labor costs and extend operational hours [4][6]. - Zhou Hei Ya has reported significant cost savings and efficiency improvements through the use of smart devices in their unmanned satellite stores [4][6]. - The operational process involves riders scanning to enter, retrieving items, and packaging them, which can be time-consuming and burdensome for riders [5][6]. Group 2: Rider Experiences and Challenges - Many riders express strong aversion to unmanned warehouse orders, citing inefficiencies and the need to search for items themselves [5][6]. - Riders often encounter these orders infrequently, but they are considered the least desirable due to the time wasted and the complexity of locating items [5][6]. - The system does not clearly indicate when an order is from an unmanned warehouse, leading to frustration when riders arrive and find they must perform additional tasks [5][6]. Group 3: Industry Trends and Future Outlook - The growth of unmanned warehouses is driven by technological advancements and changing consumer demands for convenience [6][7]. - There is a trend of merchants shifting responsibilities to riders, which blurs the lines of accountability and contradicts the intended efficiency of unmanned operations [7]. - Regulatory measures are being introduced to clarify responsibilities and protect riders' rights, indicating a potential shift in how unmanned warehouses operate in the future [7][8].

18.98 福立旺688678 时间: 2025年7月2日星期三 51.56分综合得分 较强 趋势方向 主力成本分析 当日主力成本 元 19.00 元 5日主力成本 18.59 元 20日主力成本 19.49 元 60日主力成本 周期内涨跌停 过去一年内该股 涨停 1次 跌停 1 次 技术面分析 19.58 短期压力位 18.68 短期支撑位 19.70 中期压力位 17.44 中期支撑位 目前短线趋势不慎明朗，静待主力资金选择方向； 目前中期趋势不慎明朗，静待主力资金选择方向 K线形态 暂无特殊形态 资金流数据 2025年07月02日的资金流向数据方面 | 主力资金净流出1855.69万元 | | --- | | 占总成交额-19% | | 超大单净流出467.44万元 | | 大单净流出1388.25万元 | | 散户资金净流出154.10万 | 关联行业/概念板块 消费电子 -1.76%、无人机 -1.58%、医疗器械概念 -0.80%、苹果概念 -1.52%等 财务数据 最近的财报数据显示，该股于2025年07月02日 | 每股收益0.06元 | 营业利润0.11亿元 | | --- | --- | ...

文 | 厚雪商业 等了10年，无人驾驶领域终于等来了"关键时刻"。 6 月 22 日，特斯拉 Robotaxi 在美国奥斯汀南部启动运营，10 辆 2025 款 Model Y 组成的无人驾驶车队 在限定区域载客运营。 几乎同时，中国市场传来新动态：哈啰联合蚂蚁集团、宁德时代成立上海造父智能，正式入局Robotaxi 赛道，聚焦 L4 级自动驾驶技术的商业化落地。 行业热闹起来了。如今的Robotaxi领域已集结特斯拉、谷歌 Waymo、百度萝卜快跑、滴滴、文远知行 等国内外玩家。高盛发布的报告显示，全球Robotaxi市场预计将迎来爆炸式增长，到2030年市场规模有 望达到400亿至457亿美元，复合年增长率（CAGR）超过60%。 当行业从技术验证期迈向规模化落地阶段，如何突破技术安全瓶颈、优化商业化路径、构建可持续的运 营生态，将成为所有参与者必须跨越的新关卡。毕竟，这场十年长跑的下半程，比拼的不仅是速度，更 是穿越周期的耐力与韧性。 Robotaxi进入黄金十年 Robotaxi在中美都已不是新鲜事物。英伟达CEO黄仁勋曾表示，未来十年将是无人驾驶汽车（AV）、机 器人和自主机器的时代。 这场技术竞赛 ...