1、 智元机器人获富临精工数千万元订单 今天，智元机器人宣布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。7月，智元机器人和宇树科技还中标中移（杭州）信息技术 有限公司的人形双足机器人代工服务采购项目，总预算高达1.2405亿元（含税），这一订单是国内人形机 器人领域的最大单笔采购。其中，智元机器人中标的为全尺寸人形双足机器人，预算为7800万元（含 税）。富临精工位于四川绵阳，是一家汽车零部件细分领域龙头企业，近年来，其新能源汽车电驱动系 统、热管理系统、新能源汽车锂电正极材料、线控悬架系统关键零部件等新业务快速增长，智能机器人电 关节及零部件业务也初具规模。 2、 90后中科大博士造机器人，再获数亿元融资 今天，安徽聆动通用机器人科技有限公司（以下简称"聆动通用"）宣布完成数亿元人民币天使轮融资，由 元禾璞华战略领投，讯飞创投持续战略加码，投资方涵盖优势资本、盈科投资、天智投资、合肥高投等头 部市场化及地方国资机构。本轮融资主要用于加速公司行业 ...

Domestic Market Overview - The domestic market experienced a slight decline with the Shanghai Composite Index closing at 3635.13 points, down 0.12%, and the Shenzhen Component Index at 11128.67 points, down 0.26% [1][4] - The total trading volume for the A-share market was 17363 billion, showing a decrease compared to the previous day [1][4] - Among the 30 sectors tracked, 17 sectors saw gains, with construction, steel, and non-ferrous metals leading the increases, while computer, electronics, and media sectors faced significant declines [1][4] Overseas Market Overview - The three major U.S. stock indices all closed higher, with the Dow Jones up 0.47%, the S&P 500 up 0.78%, and the Nasdaq up 0.98% [2][4] - Apple shares rose over 4%, and Cisco increased by more than 2%, leading the gains in the Dow [2][4] - The performance of Chinese concept stocks was mixed, with Newegg rising over 34% and Lingxi Portal falling by more than 9% [2][4] Economic Data Highlights - In July, the Consumer Price Index (CPI) increased by 0.4% month-on-month, while the Producer Price Index (PPI) decreased by 0.2% month-on-month, indicating a narrowing of the decline [10][15] - The core CPI, excluding food and energy, rose by 0.8% year-on-year, marking a continuous expansion over three months [10][15] - The GDP growth rates for Wenzhou, Dalian, and Xuzhou exceeded 6% in the first half of the year, with total GDP amounts of 4831.9 billion, 4647 billion, and 4509.3 billion respectively [11][12] Industry Developments - Beijing E-Town announced a series of measures to support the development of embodied intelligent robots, aiming to enhance innovation and high-quality growth in the sector [16] - The Hong Kong government reported a record high of over 1.5 million registered local companies, reflecting a robust business environment [12][13]

Group 1: Investment and Financing - The bubble tea brand "Bieyang Bubble" has completed angel round financing of 10 million yuan, with funds primarily allocated for team building and product refinement [2] - The metaverse game developer MiAO has received a new investment of 140 million yuan, bringing its valuation to nearly 2 billion yuan [3] - The AR company "Liangliang Vision" confirmed over 100 million yuan in strategic financing, aimed at advancing AR glasses development and expanding international market reach [4] - "Xinglian Future" has completed a Pre-A round financing of several tens of millions of yuan, focusing on developing smart collars for pets [5] - "Zero Six Two Nine Cultural Technology" secured seed round financing of several million yuan to enhance its capabilities in children's content IP incubation [6] Group 2: Company Developments - The ice cream brand "Yeren Xiansheng" has no plans for an IPO, focusing instead on sustainable growth and rapid store expansion, with over 900 stores opened [8][9] - "Pang Dong Lai" reported a cumulative sales of 13.585 billion yuan this year, nearing 80% of last year's total sales, with supermarkets being the largest revenue contributor [10] - "Heytea" has opened a new store in Cupertino, California, marking significant international expansion with over 100 overseas locations [11][12] - TikTok is testing local lifestyle services in the U.S. by partnering with Booking.com for hotel reservations, aiming to attract new advertisers [13] Group 3: Market Trends - The summer movie market is expected to see a blockbuster, with total box office surpassing 1.5 billion yuan, led by the film "Nanjing Photo Studio" [17] - Dongguan has introduced new policies to promote the trendy toy industry, allocating 120 million yuan for high-quality development [18] - U.S. imports fell sharply by 8.4% in June due to tariff increases, with predictions of a 5.6% decline in total imports for the year [19]

地址：北京市朝阳区朝阳门外大街甲6号万通中心D座20层（100020） 总机：010-8535 6666 资讯早间报 制作日期： 2025/08/11 隔夜夜盘市场走势 1. 国际贵金属期货普遍收涨，COMEX 黄金期货涨 0.13%报 3458.2 美元/盎司， 本周累计上涨 1.72%，COMEX 白银期货涨 0.56%报 38.51 美元/盎司，本周累计上 涨 4.28%。特朗普提名激进派进入美联储理事会引发政策担忧，同时美国实施 新关税政策，加剧市场不确定性，推升避险需求。 2. 欧佩克增产打压油价，美油主力合约收跌 0.83%，报 63.35 美元/桶，周跌 5.91%；布伦特原油主力合约跌 0.17%，报 66.32 美元/桶，周跌 4.81%。国际油 价延续跌势，主要受到欧佩克+增产计划影响，市场担忧供应过剩。 3. 伦敦基本金属涨跌参半，LME 期铜涨 0.86%，本周累计上涨 1.43%；LME 期锌 涨 0.75%，本周累计上涨 3.92%；LME 期铝涨 0.19%，本周累计上涨 1.91%；LME 期镍跌 0.02%，本周累计上涨 0.85%；LME 期铅跌 0.3%，本周累计上涨 1 ...

Group 1: AI and Robotics Developments - Huawei is set to release breakthrough technology in AI inference on August 12, which may reduce China's reliance on HBM technology and enhance domestic AI model performance [1] - Beijing Economic and Technological Development Zone has introduced ten measures to support the development of embodied intelligent robots, focusing on technology collaboration, data trials, and sales subsidies [2] - Chinese Academy of Engineering Academician Ni Guangnan emphasized the need to build an "AI + Robotics" ecosystem to enhance the intelligence of robots [3] - The founder of Yushutech, Wang Xingxing, predicts that the shipment volume of humanoid robots will double annually in the coming years, driven by technological breakthroughs and cost-effective manufacturing [9] Group 2: Economic Indicators - In July, China's consumer price index remained flat year-on-year, with a month-on-month increase of 0.4%, indicating stable inflationary pressures [4] - The average consumer price index from January to July showed a decline of 0.1% compared to the same period last year [4] Group 3: Investment Insights - CITIC Securities suggests that the release of GPT-5 by OpenAI has garnered attention in the capital markets, highlighting significant improvements in reasoning capabilities and potential applications in various sectors [11] - CITIC JianTou reports that A-shares are still in a bull market continuation phase, with recent pullbacks presenting good investment opportunities [7] - The Federal Reserve's personnel changes may enhance market expectations for interest rate cuts, benefiting emerging market stocks, particularly in Hong Kong [8]

Market Overview - The Shanghai Composite Index increased by 2.11%, closing at 3635.13 [3] - The Shenzhen Component Index rose by 1.25%, ending at 11128.67 [3] - The ChiNext Index saw a smaller gain of 0.49%, finishing at 2333.96 [3] - The STAR 50 Index and the Northbound 50 Index increased by 0.65% and 1.23% respectively [3] - The CSI 300 Index rose by 1.56%, closing at 1441.72 [3] Sector Performance - The PEAK Materials Index surged by 18.68% [4] - The Precious Metals Index increased by 9.19% [4] - The Military Equipment Index rose by 14.45% [4] - The Energy Equipment Index saw a gain of 7.16% [4] - The Engineering Machinery Index increased by 6.55% [4] - The Aerospace and Military Industry Index rose by 11.40% [4] Upcoming Events - The Hang Seng Hong Kong Stock Connect Innovative Drug Index will revise its compilation rules, effective August 11 [7] - OPEC will release its monthly oil market report on August 12 [7] - The 2025 China Embodied Intelligent Robot Industry Conference and Exhibition will take place from August 13 to 15 [7] - The 2025 World Humanoid Robot Games will be held from August 14 to 17 [8] - A press conference regarding the national economic operation will be conducted by the State Council Information Office on August 15 [8]

8月8日至8月12日，2025世界机器人大会（2025WRC）在北京经济技术开发区北人亦创国际会展中心举 办。作为国内规模最大的机器人展会，吸引了国际国内超过200家机器人企业参与。 据盛通股份(002599)消息，公司旗下中鸣机器人是2025WRC超级轨迹赛的核心技术支持单位，深度参与 赛事技术支撑，将多年积累的机器人工程与编程教育经验融入赛事标准制定、设备调试优化及现场保障 全链条。同时，公司旗下VIPCODE学员夺得超级轨迹赛小学低年级组冠军。 盛通股份表示，公司愿与宇树科技携手，在人工智能教育领域的探索中从"屏幕中的代码"跃升至"可感 知、可交互的智能实体"，在未来教育科技竞争格局中抢占至关重要的技术制高点。 除了本次参与赛事技术支持外，盛通股份已从校内到校外、线上到线下深度布局人工智能教育生态。资 料显示，盛通股份前不久在北京发布人工智能教育平台，该平台深度融合K12学情与新课标要求，以打 通 "教、学、练、创"全链路为导向，融合前沿技术与教育规律，为中学人工智能教育提供从课程体系 到硬件支撑、从课堂教学到实践创新的一站式解决方案。 不仅是校内体系建设，近日，盛通股份与重庆新华出版集团达成战略合作并 ...

丨证券研究报告丨 行业研究丨点评报告丨机械 [Table_Title] 2025 世界机器人大会召开，行业发展趋势明确 应用百花齐放 报告要点 [Table_Summary] 2025 世界机器人大会在北京亦庄开幕，200 余家国内外优秀机器人企业展出 1500 余件展品， 其中首发新品 100 余款，50 家人形机器人整机企业带来最新展品及行业解决方案，机器人行 业关注度持续提升。 分析师及联系人 [Table_Author] 赵智勇 倪蕤 刘晓舟 SAC：S0490517110001 SAC：S0490520030003 SAC：S0490524030001 SFC：BRP550 请阅读最后评级说明和重要声明 %% %% %% %% research.95579.com 1 8 月 8 日，2025 世界机器人大会在北京亦庄开幕。 事件评论 风险提示 1、人形机器人核心技术突破不及预期； 2、人形机器人量产化落地不及预期 请阅读最后评级说明和重要声明 丨证券研究报告丨 [Table_Title 2025 世界机器人大会召开，行业发展趋势明确 2] 应用百花齐放 [Table_Summary2] 事件描述 ...

Economic Data Release - The National Bureau of Statistics will release July economic data including industrial added value, fixed asset investment, and retail sales on August 15 [1] - Financial data for July, such as M2, new loans, and social financing, is also expected to be released next week [2] Financial Data Expectations - Huatai Securities estimates that new RMB loans in July will be approximately 220 billion, with social financing expected to be around 1.3 trillion, continuing to show year-on-year growth [2] - The year-on-year growth rate of RMB loans is expected to slightly decrease from 7.1% in June to 7.0% in July, while the year-on-year growth rate of social financing stock is expected to increase from 8.9% in June to 9% [2] Stock Market Developments - The Hang Seng Innovative Drug Index and the Hang Seng Hong Kong Stock Connect Innovative Drug Index will implement a revision plan on August 11, which will explicitly exclude CXO companies [3] - A new round of domestic refined oil price adjustments will open on August 12, with an expected increase of 30 yuan per ton based on the average crude oil price of 68.82 USD per barrel [5] Stock Unlocking Events - From August 11 to August 15, 34 companies will have their restricted shares unlocked, totaling 3.057 billion shares with a total market value of 232.51 billion [6] - The top three companies by unlocking market value are Haiguang Information (195.71 billion), Zhiwei Intelligent (9.448 billion), and Guoxin Securities (6.45 billion) [6] New Stock Issuance - One new stock, Hongyuan Co., will be issued next week with a subscription code of 920018, priced at 9.17 yuan [9]

7月国民经济运行数据将公布；国内成品油将开启新一轮调价窗口；下周限售股解禁市值超2300亿元。 【重磅新闻】 7月国民经济运行数据将公布 8月15日，国家统计局将公布7月工业增加值、固定资产投资、社零等经济数据。 7月金融数据或将公布 除经济数据外，7月M2、新增贷款、社融等金融数据下周或将公布。 华泰证券预计7月新增人民币贷款约2200亿元；新增社融约1.3 万亿元，同比继续多增。预计7月人民币贷款同比增速较6月的7.1%小幅回落至7.0%，而社融 存量同比增速较6月的8.9%回升至9%，M2同比亦较6月的8.3%略走高至8.4%。 恒生创新药指数及恒生港股通创新药指数修订方案将实施 多个行业盛会密集登场 2025中国固态电池技术产业发展大会（8月11日至13日）；2025开放存储峰会（8月12日至28日）；2025中国具身智能机器人产业大会暨展览会（8月13日至 15日）；2025世界人形机器人运动会（8月14日至17日）。 国内成品油将开启新一轮调价窗口 根据"十个工作日"原则，新一轮成品油调价窗口将于8月12日24时开启，这也是8月以来的首次调价。据金联创测算，截至8月8日第八个工作日，参考原油品 种 ...