Core Insights - Guangdong Province is prioritizing the innovation and development of artificial intelligence (AI) and robotics, with significant financial investments and collaborative efforts since 2018 [1][2][3] Investment and Funding - Since 2018, Guangdong has invested nearly 1.4 billion yuan in AI and robotics, attracting an additional 3 billion yuan in social funding [1] - The province's funding strategy includes major special projects in "new generation artificial intelligence" and "intelligent robotics and equipment manufacturing" [1] Achievements in AI - Key breakthroughs in AI include advancements in high-performance computing chips, foundational architecture, model algorithms, and innovative applications [2] - The Ascend 910B chip has become a mainstream product in China, and the Atlas 900 computing cluster has shown exceptional performance [2] - Notable AI models such as "Pengcheng Brain" and "Hunyuan" have emerged, with "WPS AI" being the first generative AI application in collaborative office scenarios [2] Robotics Development - In the robotics sector, Guangdong has achieved significant milestones in areas such as large models, chips, motion control, and high-end machinery [3] - The first humanoid robot equipped with the HarmonyOS has been developed, along with various intelligent robot products like multi-modal quadrupedal robots [3] - Core components such as harmonic reducers and six-dimensional force sensors have been independently developed, reducing costs by over 50% [3] Innovation Platforms - Guangdong has established a multi-tiered innovation platform system, including 13 national-level platforms and 137 provincial-level platforms [4] - The "Pengcheng Cloud Brain III" is set to provide over 16 exaflops of domestically controlled intelligent computing power [4] - Major laboratories and research institutes are being leveraged to enhance the core competitiveness of the robotics sector [3][4] Future Plans - The province aims to continue building high-level innovation platforms, focusing on major technological breakthroughs and industry incubation [5] - There is a strategic emphasis on integrating resources from the Guangdong-Hong Kong-Macao Greater Bay Area to enhance the industrial robot sector [5]

Core Viewpoint - Company achieved record-breaking revenue and profit in 2024, with revenue increasing over threefold year-on-year and net profit turning from loss to profit [1][3][5]. Financial Performance - In 2024, the company reported total revenue of 145.18 billion yuan, a year-on-year increase of 305.04% [3][4]. - The net profit attributable to shareholders reached 5.95 billion yuan, marking a significant turnaround from a loss of 3.83 billion yuan in the previous year [4][5]. - The company’s cash flow from operating activities improved significantly, totaling 22.52 billion yuan, up 251.93% year-on-year [5][6]. - The asset-liability ratio stood at 87.38%, which is relatively high compared to peers like BYD at 74.64% and Li Auto at 56.07% [5][6]. Sales and Market Position - The company sold 426,900 new energy vehicles in 2024, representing a year-on-year growth of 182.84% [3][4]. - The new energy vehicle segment accounted for over 93% of total revenue, with a gross margin of 26.21%, significantly higher than traditional fuel vehicles [4][5]. Research and Development - The company increased its R&D personnel to 6,201, a year-on-year growth of 25.15%, and R&D investment reached 7.05 billion yuan, up 58.9% [7][8]. - The company is focusing on technological innovation in smart extended-range electric vehicles, smart assisted driving, and green manufacturing [8]. Strategic Partnerships - The company completed the transfer of shares to Huawei, enhancing collaboration in smart cockpit, smart driving, and smart vehicle control [9].

爬楼"神器"开卖，上架仅1 5秒就宣告售罄！不少网友惊呼："未来已来！" 售价2 5 0 0元，几百台现货"秒空" "市场的火爆程度远超我们的预期，连样机都卖完了。" 据潮新闻报道，程天科技创始人张继宇表示，本来抱着试一试的心态，准备了几百台现货，没 想到"秒空"， "现在还有几百人正在排队预定下一批。" 在这波认购大军中，既有帮家中老人购买的中青年，也有因为运动损伤导致膝关节或髋关节疼 痛的年轻人，还有不少感觉自己体能下降但又热爱旅游的退休中老年人群。 张 继 宇 还 表 示 ， 工 作 日 常 有 人 在 公 司 门 口 询 问 能 不 能 试 用 外 骨 骼 ， 一 天 下 来 问 的 人 有 十 几 个。 据介绍，假如走一万步，这款外骨骼助行器可以帮助穿戴者 节省约百分之十几的体力 ，助力 可以达到十几扭力，相当于抵消两大瓶可乐的重量。有穿戴者表示，"穿上之后感觉有点像踩 了弹簧， 走路爬楼都会感觉省力一些 。不过，距离变身'钢铁侠'， 在台阶上瞬间健步如飞， 还有一定的进步空间。 " 这次"秒空"的外骨骼助行器。图：潮新闻 网友评论："急需"！ "登山神器"已出圈 近日，某旅行网联合科技企业推出智能 ...

Market Overview - The main board led the gains with notable stocks such as Gongda Electronics (+10.03%), Xinyada (+10.01%), and Dazhihui (+9.99%) [1] - The ChiNext board saw significant increases with Hongjing Technology (+20.00%) and Saiyi Information (+19.99%) [1] - The Sci-Tech Innovation board was led by Changyang Technology (+15.11%) and Lexin Technology (+9.37%) [1] - Active sub-industries included SW Communication Application Value-Added Services (+1.37%) and SW Communication Engineering and Services (+1.05%) [1] Domestic News - TSMC announced the completion of structural engineering for its 2nm expansion project, with mass production expected in the second half of 2025 [1] - Hefei plans to establish a 10 billion yuan future industry fund to support the development of the smart robotics industry [1] - Longxin's 3C6000/D 2U dual-server features a 100% localization rate for core components, catering to general computing and large data centers [1] - BGI intends to acquire 100% of Chip and Semiconductor, enhancing its EDA solution capabilities [1] Company Announcements - Zhongkong Technology reported a total revenue of 9.139 billion yuan for 2024, a year-on-year increase of 6.02%, with a net profit of 1.117 billion yuan, up 1.38% [2] - Minexplosion Optoelectronics achieved a total revenue of 1.641 billion yuan in 2024, reflecting a 7.35% increase, with a net profit of 231 million yuan, up 0.17% [2] - Shanghai Beiling reported a total revenue of 2.819 billion yuan for 2024, a significant increase of 31.89%, with a net profit of 396 million yuan, up 756.82% [2] - Pufan Software's total revenue for 2024 reached 836 million yuan, a year-on-year growth of 11.6%, with a net profit of 121 million yuan, up 95.06% [2] International News - Toray Engineering launched large glass substrate packaging equipment capable of high-precision chip packaging [3] - Hanwha Semiconductor signed a supply agreement worth 21 billion KRW for thermal compression bonding machines with SK Hynix [3] - The Japanese government announced an additional subsidy of up to 802.5 billion yen for Rapidus, totaling 1.7 trillion yen in support for next-generation 2nm chip production [3] - Audi China is integrating Huawei's ADS intelligent driving system into its advanced vehicle platforms [3]

前不久，一些驾驶员在智能驾驶模式下呼呼大睡的视频，引起广泛讨论。智驾技术快速发展，把交通方 式带入全新阶段，也带来一些前所未遇的问题。现行道路交通安全法以驾驶员为责任主体，未明确智驾 模式下的事故责任归属。发生事故后，驾驶员、车企、智能系统供应商，谁应负责？ 同样的问题也存在于其他新业态。比如，人工智能如果被"投喂"不当语料，导致虚假内容和错误言论， 对开发者、使用者和平台应当如何定责？智能机器人进入医疗、生产场景，一旦作出错误决策并对人造 成伤害，责任如何认定？低空经济发展迎来热潮，但大型无人机和电动垂直起降飞行器（eVTOL）等 新型飞行器的安全标准与技术规范尚未建立，飞手的培训和资质认证体系也不完善，如何规避可能带来 的安全风险？ 科学技术日新月异，新业态蓬勃发展。面对新业态发展迅猛、跨界融合等特点，不少领域的政策法规和 监管措施，有的已经落后，有的还是空白，这都亟待更新完善。这就像网络购物、网络直播、网络剧、 微电影兴起后一样，只有与时俱进完善监管，行业才能走上健康发展的轨道。 完善监管，是促进有为政府和有效市场更好结合的重要一环。有关部门应跟踪关注新业态、新模式，按 照"鼓励创新、包容审慎"原则，研 ...

"深圳市智能机器人产业有专利的企业数量、专利公开量均位居全国首位！"在3月26日深圳上市公司协 会主办的"星耀鹏城"20+8产业沙龙之AI+机器人主题专场活动中，六棱镜创始人兼董事长耿德强表示。 目前，机器人产业成为全球科技竞争的重要战场，深圳则成为中国机器人产业发展的"主力军团"之一。 证券时报记者了解到，在上述专场活动中，六棱镜基于深圳市场监督管理局（知识产权）指导的产业知 识产权大数据监测与创新公共服务项目成果，梳理了深圳机器人产业发展图谱，而优必选、越疆科技、 汇川技术等深圳机器人产业链核心企业共同探讨了机器人产业发展趋势。 在资本方面，深圳农商行和交通银行、江苏银行及北京银行的深圳分行等银行均长期通过知识产权质押 融资等方式支持深圳机器人企业创新发展，深圳市吉影科技、泰达机器人、追一科技等企业均从中获 益。从融资情况来看，处于A轮融资的企业数量高达184家，天使轮融资企业数量为84家，投资活跃度 较高。 据六棱镜梳理，深圳智能机器人集群的优势主要集中在上游核心零部件及下游机器人运用领域，而技术 创新热点集中在中游机器人本体的极坐标型机器人，下游机器人应用的服务机器人、工业机器人以及上 游核心零部件的 ...

Core Viewpoint - The company has demonstrated significant growth in revenue and profit margins, alongside a strategic shift towards robotics and smart city operations, positioning itself to capitalize on emerging market trends [1][2][11]. Financial Performance - For the fiscal year 2024, the company reported a revenue of HKD 1.215 billion, a 37.5% increase year-over-year, and a gross profit of HKD 507 million, reflecting a 41.0% growth [2]. - The company maintains a low debt-to-asset ratio of 31.2%, indicating strong financial health within the industry [2]. - The board proposed a total dividend of HKD 888 million for the fiscal year, including a final dividend of HKD 120 million and a special dividend of HKD 768 million, showcasing a commitment to shareholder returns [2][10]. Business Segments - In the asset operation sector, the company focused on "parking + industrial parks," achieving a revenue of HKD 921 million, a 40.0% increase, by expanding its national footprint and leveraging technology [4]. - The company has successfully integrated AI technology into its parking operations, enhancing efficiency and revenue generation capabilities [4]. - The park operation segment has seen growth through projects like the Ideal Auto headquarters and partnerships that enhance service offerings [5]. Strategic Initiatives - The company has made significant strides in the robotics sector, establishing a Beijing Robotics Fund and a dedicated robotics company, which positions it to benefit from the growing demand for intelligent robotics [7][8]. - The company has invested in various innovative robotics firms, covering humanoid robots and medical automation, indicating a proactive approach to capitalizing on high-growth sectors [8][9]. Investment Stability - The company has a strong tradition of high dividend payouts, having distributed dividends 16 times since 2018, reflecting its commitment to returning value to shareholders [10]. - With substantial cash reserves of HKD 2.622 billion, the company is well-positioned to expand its investment activities and enhance its competitive edge in the robotics industry [9][10]. Conclusion - The company exemplifies a successful transformation from a traditional asset operator to a leader in smart infrastructure and robotics, demonstrating both value retention and growth potential [11].

Group 1 - The humanoid robot industry is accelerating its development, with multiple companies and innovation centers announcing new products and services [1] - The Chinese government has included "embodied intelligence" and "intelligent robots" in its national strategic deployment, aiming to foster future industries and promote industrial integration [1] - Guangdong province is projected to produce over 240,000 industrial robots in 2024, representing a year-on-year growth of 31.2% and accounting for over 40% of the national total [1] Group 2 - Jilun Intelligent is a core enterprise in the production of robot reducers in Guangdong, with its RV reducers meeting international advanced technical standards [2] - The newly developed XT reducer for humanoid robots aims to significantly reduce weight while providing long lifespan and overload capacity, addressing issues with existing reducers [2] - Jilun Intelligent plans to focus on the research and industrialization of core components like reducers, leveraging its integrated development advantages in key components and automation [2]

发力人形机器人，宁企站上赛道前沿 □ 本报记者 李 凯 英伟达CEO黄仁勋携迪士尼机器人亮相GTC大会，发布人形机器人通用开源模型；国家地方共建人 形机器人创新中心成立具身智能仿真平台，并发布开放基金；北京将于下个月举办全球首个人形机器 人"半马"比赛…… 过去一周，人形机器人话题持续火热。在南京，人形机器人科技创新及产业发展的热度也丝毫不 减。 "灵巧手"可以拧螺丝、捏镊子，灵活度比肩特斯拉旗下人形机器人；脑机接口技术解码人脑神秘信 号，据此研发出无创导航手术机器人——这是南京麒麟科创园"中科系"初创科技企业背靠"国家队"的最 新成果。 集萃智能攻坚电动伺服、电液伺服系统，神源生智能科技量产六维力传感器，天创电子发布全球首 款防爆人形机器人，国产工业机器人"一哥"埃斯顿（002747）即将推出第二代人形机器人——南京民营 企业带头啃下一个个"最难啃的骨头"。 "具身智能"和"智能机器人"今年首次被写入政府工作报告。人形机器人是智能机器人的高阶形态， 也是具身智能的最佳载体，备受全球科技和资本关注。2025年更是被视为人形机器人"量产元年"。 面向这个万亿级全新赛道，国内多地争相入局竞逐正酣。本报记者在南京走 ...

Market Overview - The A-share market shows a mixed performance with the Shanghai Composite Index closing at 3371.92, down 0.23% [2] - The total market capitalization of the Shanghai Composite Index is 6409.38 billion, with a PE ratio of 12.01 and a PB ratio of 1.27 [3] - The ChiNext Index has a significantly higher PE ratio of 33.35, indicating a higher valuation compared to the Shanghai Composite [3] Financial Insights - The report highlights a notable increase in the total revenue of Daon Co., which reached 5.301 billion, a year-on-year increase of 16.65% [36] - Baofeng Energy reported a total revenue of 32.983 billion, reflecting a 13.21% increase year-on-year, with a net profit of 6.338 billion, up 12.16% [38] - Wanchen Group has signed contracts with over 15,000 stores, indicating strong growth in the retail sector [40] Industry Dynamics - The LogiMAT 2025 event showcased advancements in internal logistics and automation, with significant participation from Chinese companies [29] - The National Medical Insurance Administration released guidelines for pricing in the neurology sector, indicating a focus on innovative medical technologies [32] - Moyang Bio received MDSAP certification, enhancing its international market access and competitiveness [34] Company Tracking - Daon Co. continues to see growth in modified plastic products, with a focus on sustainable materials [36] - Baofeng Energy is expanding its market presence with a significant increase in direct sales and customer acquisition [38] - Aishuxin Co. has successfully secured a 1GW procurement project for its N-type ABC solar modules, indicating strong demand for innovative solar technologies [42]