两说 Business Insights 当传统车企全面拥抱人工智能，当自动驾驶汽车开始在城市街道穿梭，当机器人开始理解并 执行复杂任务，一场万亿级的产业革命正在中国加速展开。在2025世界人工智能大会上，我们邀 请到三位产业领军人物，为您深度解读——AI如何重塑中国制造的未来价值。 更多精彩内容，敬请关注8月13日周三晚22:30 东方卫视 《两说》节目， 第一财经 8月16日周六晚 22:00播出。 楼天城 小马智行创始人 首席技术官 Business Insights 东方卫视首播 第一财经播出 中坚科技副总经理兼首席战略官 08\13 22:30 08\16 22:00 ...

2025世界机器人大会开幕式上，机器人登台主持。新华社记者 谢 晗摄 8月8日至12日，220家国内外企业汇聚北京亦庄，集中展示1569件产品 在世界机器人大会上感受"未来已来" 这场盛会，反映出我国机器人科技的创新之变、产业之变、应用之变。 与真人组队跳一支舞，在厨房收拾清洗碗筷，在药房值守售药……今年的机器人，拥有更聪慧的"大 脑"、更敏捷的"小脑"、更灵活的"肢体"。通过算法优化，国产机器人可实现毫秒级动作响应，稳定 性、灵活性、连贯性持续提升。 机器人打拳击、陪下棋、做家务，还当起了主持人。8月8日至12日，以"让机器人更智慧，让具身体更 智能"为主题的2025世界机器人大会在北京亦庄举办，各种"名场面"不断涌现。 本届大会汇聚220家国内外机器人企业，发布123款新产品，集中展示1569件产品，搭建超500个应用场 景，推出机器人大世界、机器人4S店等，售出机器人及相关产品1.9万台，销售额超2亿元。现场参会人 数达27.1万人次，观看直播人数达5200万人次。 展会上，"应用""量产""订单"成为讲解中的高频词。借助人工智能，机器人在生产制造、仓储物流、安 全防护、家政服务、教育医疗等场景中日益发 ...

sal ↑ 8月8日在2025世界机器人大会展馆内拍摄的人形机器人。 2025世界机器人大会8月8日至12日在北京亦庄举行，大会设置的创新馆、应用馆、技术馆，汇聚了国内外200余家机器人企业的1500余件展品，其中有50家 人形机器人整机企业带来最新展品及行业解决方案。在展馆现场，观众可看到从医疗服务到工业生产再到生活服务，涉及生活方方面面的各类机器人产品， 感受机器人"点亮"你我未来生活的无限可能。 1 1977 1997 11 a t with the state n a the start ↑ 8月8日，观众在2025世界机器人大会展馆内参观。 ↑ 2025世界机器人大会上展示的智能机器人乐队（8月8日摄）。 ar 201 the state the state e the the state The Ne the state 1 1 1 1 and of the state om we on to the read of Caroland 1 22 6 r ↑ 2025世界机器人大会上展示的仿生机器鸟（8月8日摄）。 排喷药机器人 底盘，大功率容轮包驱独马线投属 机动性和敏量性, 配盘系统采用园 的电 ...

一块透明玻璃，能有多少创新？ 蓝思科技的答案是：十年投入180亿元，取得各类授权专利2200多项。 一块透明玻璃，如何撬动起一个千亿级商业帝国？ 蓝思科技的答案是：极致专注与主动求变。 从高端翻盖手机TCL3188、摩托罗拉V3等一批颇具年代感的电子产品，到具身智能机器人、AI眼镜/XR 头显等智能硬件，蓝思科技的展厅内，摆满了其把创新刻入基因的印证。 从2万元起家，到打造出一家全球员工人数超十万、市值超千亿元的精密制造上市企业，蓝思科技创始 人及董事长周群飞的商业思路清晰而坚定：以最擅长的事情为核心，垂直打通业务各模块，持续发力新 增长点。 2025年7月9日，在香港联交所交易大厅内，周群飞手持木槌敲响上市铜锣，蓝思科技正式于港交所主板 挂牌上市。 "到港上市是蓝思科技'全球化战略'的重要里程碑，公司将以香港为支点，让国际资本与蓝思的智造优 势、与中国市场深度融合，共享'中国智造'的增长红利。"周群飞掷地有声地描绘着蓝思科技的新未 来。 在全球经济变革和科技革命浪潮中，从"蓝思制造"到"蓝思智造"，周群飞的突围路径与升维密码，可为 更多民营企业提供样本价值。 从一批"全球首款"看自主创新 蓝思科技参与并见证 ...

Group 1 - The current A-share market trend is upward, supported by various sources of incremental capital including insurance, pension funds, public and private equity funds, as well as individual investors [1] - Since the market rally began on September 24 of last year, the M1-M2 year-on-year growth rate gap has been narrowing, indicating increased liquidity and a marginal recovery in consumer and investment willingness [1] - The recent margin trading balance has reached a ten-year high, reflecting a continuous rise in individual investors' risk appetite, which is expected to drive the "slow bull" market [1] Group 2 - The U.S. inflation data from July shows that the impact of tariffs on inflation is moderate, leading to a reduced constraint on the Federal Reserve's interest rate cuts [2] - The expectation is maintained for the Federal Reserve to initiate its first rate cut in September and to implement two rate cuts within the year [2] - Weak demand from businesses and a declining job market are expected to limit the upward pressure on inflation, despite a slight increase in tariffs in August [2] Group 3 - Recent policies supporting the robotics industry across various regions, including subsidies, have led to a flourishing domestic robotics sector [3] - The World Robot Conference continues to attract significant attention, indicating a vibrant development in the domestic robotics market [3] - The industry is expected to see advancements in components such as dexterous hands, joint modules, and sensors, with several upcoming events likely to act as catalysts for growth [3]

Core Viewpoint - The article highlights the rising trend of embodied intelligence as a hot entrepreneurial sector, particularly focusing on the establishment of Shenzhen Noin Intelligent Technology, founded by a former Huawei researcher, Li Yinchuan, who has a strong academic and patent background in AI and robotics [2][7][24]. Group 1: Company Overview - Shenzhen Noin Intelligent Technology was founded on June 19, 2025, and is focused on developing humanoid robots designed for home use, capable of interacting with their environment through a perception-decision-execution loop [7]. - The company has already secured its first round of financing shortly after its establishment, with notable investors including Source Code Capital, which has previously invested in other successful AI ventures [4][15]. - Noin is reportedly in the process of its second round of financing, with its valuation doubling since the first round [14]. Group 2: Market Dynamics - The demand for home humanoid robots is driven by the need for comfort and convenience in family experiences, as well as trends such as global aging and increasing numbers of single-person households [11]. - The market for home humanoid robots is described as exceptionally vibrant, with several companies, including those founded by prominent figures in the tech industry, making headlines for their financing and product developments [11][13]. Group 3: Industry Background - The article notes a significant influx of talent from Huawei into the embodied intelligence sector, with many former employees establishing their own companies [36][38]. - Two notable companies in this space are Zhiyuan Robotics and Tashizhi Navigation, both of which have strong teams composed of former Huawei executives and technical experts [40][48]. - The emergence of the "Huawei system" in the entrepreneurial landscape is attributed to the company's previous talent development programs and its focus on autonomous driving technology, which has naturally transitioned into the robotics field [58][60].

2025年世界人形机器人运动会 将于 8月14-17日 在北京国家速滑馆盛大举行。作为本次赛事的 官方赞助商 ， 北京市机器人产业园（昌平） 的亮相，不仅彰显了北京市全力发展机器人产业的坚定决心与宏伟目标， 更是昌平区及未来科学城积极响应 、全力承接市级战略，以该产业园为 核心平台和坚实基础 ，推动区域机 器人产业腾飞的关键行动！ ▍ 昌平：北京 "一南一北"机器人战略的重要支点 作为全国科技创新中心，北京将机器人产业视为引领智能制造革命与未来竞争的核心，构建了 "技术研发-场 景验证-产业落地-生态完善"的全链条支持体系。在《北京市促进机器人产业创新发展的若干措施》中，昌平 区被明确列为北京市"一南一北"机器人产业重点布局区域之一 ， 打造 北部机器人产研结合示范区 。 ▍ 北京市机器人产业园（昌平）：昌平产业腾飞的核心引擎 正是基于这一战略定位， 北京市机器人产业园（昌平） 应运而生，成为昌平区发展机器人产业无可替代的 核心载体和发展基石 。 作为未来科学城集团自建自营的产业标杆项目 ， 园区 坐落于未来科学城这一北京创 新发展主平台的核心地带，园区紧邻生命科学园、沙河高 教园等创新高地，交通便捷（京新、 ...

Market Overview - The A-share market reached new highs, with the Shanghai Composite Index rising by 0.5% to 3665.92 points, the Shenzhen Component Index increasing by 0.53%, and the ChiNext Index up by 1.24% [1][7] - The total trading volume in the A-share market was approximately 1.88 trillion RMB, with over 2000 stocks experiencing gains [1][7] - The telecommunications and electronics sectors led the gains, while the defense and military industry saw declines [1][7] - In the Hong Kong market, the Hang Seng Index rose by 0.25%, while the Hang Seng Tech Index fell by 0.38% [1][7] - U.S. stock indices all closed higher, with the Dow Jones up by 1.1%, S&P 500 up by 1.13%, and Nasdaq up by 1.39% [1][7] Important News - The U.S. and China agreed to suspend the implementation of a 24% tariff on each other's goods for 90 days starting August 12, 2025, while retaining a 10% tariff [2][8] - A new personal consumption loan subsidy policy was announced, effective from September 1, 2025, to August 31, 2026, covering various consumer sectors [3][9] - The service industry loan subsidy policy was also introduced, providing a 1% annual subsidy on loans to eligible service sector businesses, with a maximum loan amount of 1 million RMB per entity [3][9] Banking Industry Insights - As of the end of the first half of 2025, the total scale of wealth management products reached 30.67 trillion RMB, reflecting a year-on-year growth of 7.53% [10][11] - The risk appetite among individual investors has increased, with a rise in the proportion of aggressive risk-tolerant investors by 1.25 percentage points compared to the previous year [11][14] - The recent adjustment in deposit rates, with the one-year deposit rate falling below 1%, is expected to drive a gradual increase in demand for asset reallocation [13][14] - Regulatory policies and their implementation will be crucial to monitor in 2025, especially following the significant impact of the bond market feedback in 2022 [13][14] Robotics Industry Developments - The World Robot Conference held in Beijing showcased significant advancements in humanoid robotics, with over 200 companies presenting more than 1500 exhibits [15][16] - The conference highlighted a shift from conceptual demonstrations to practical applications, with major companies securing substantial orders in industrial settings [16][17] - The humanoid robotics sector is expected to experience rapid growth, with China positioned to lead due to its supply chain advantages and innovative applications [17][18] - Key challenges remain, including the maturity of AI capabilities and the high costs associated with training in real-world environments [17][18]

"2025年被视为具身智能机器人量产元年，工业场景成为其规模化商用的首个突破口。远征A2-W的规模 化商业落地不仅是企业之间产业生态合作升级，也标志着我国工业具身智能产业链从技术验证迈向规模 应用新纪元。核心零部件供应商、系统集成商、制造业企业以及科研机构等产业链主体迎来了新机 遇。"北京科方得科技发展有限公司研究负责人张新原在接受《证券日报》记者采访时表示。 具身机器人 近日，智元创新（上海）科技有限公司与富临精工股份有限公司（以下简称"富临精工"）达成数千万元 标的项目合作，近百台远征A2-W将落地富临精工工厂。这是国内首个工业领域具身机器人规模化商业 签单案例，也是该品类在全球智能制造场景的首次规模化落地。 正从实验室走向工厂 科技部国家科技专家库专家周迪在接受《证券日报》记者采访时表示，与传统工业机器人相比，具身智 能机器人具备环境感知、自主决策和灵活执行能力，能够适应非结构化场景，代表了机器人技术的未来 发展方向。 "当下，具身智能机器人在汽车制造、电子装配、物流仓储等领域，毫米级精密装配、柔性产线自主适 配等场景的应用落地，标志着其有望在工业领域实现规模化商用。"周迪说。 高工机器人产业研究所数据 ...

Market Overview - The market experienced a rebound with the Shanghai Composite Index recording a seven-day rise, and all three major indices reached new highs for the year. The total trading volume in the Shanghai and Shenzhen markets was 1.88 trillion yuan, an increase of 54.5 billion yuan compared to the previous trading day [1] Economic Outlook - Huatai Securities maintains its prediction for the Federal Reserve to initiate its first interest rate cut in September, with a total of two cuts expected within the year. The recent inflation data indicates that tariffs have a mild impact on inflation, reducing constraints on the Fed's rate cut decisions [2] Robotics Industry - CITIC Jiantou highlights the flourishing domestic robotics sector, supported by various local government policies and subsidies. The industry is witnessing advancements in components such as dexterous hands and joint modules, which are expected to accelerate the iteration of embodied intelligent robots [3] Investment Opportunities - CITIC Securities emphasizes the importance of the upcoming mid-year report season for Hong Kong stocks, predicting a slowdown in profit growth for the first half of 2025. However, sectors like retail, education, diversified finance, and gaming are expected to see upward revisions in profit growth [4]