证券日报网讯星源卓镁8月8日在互动平台回答投资者提问时表示，公司在人形机器人轻量化镁合金零部 件领域的布局、产品及合作情况，相关经营信息请以公司对外披露的定期报告为准。公司始终密切关注 行业技术发展趋势及市场需求动态，会积极推进相关技术的探索研发与市场拓展工作。 （文章来源：证券日报） ...

格隆汇8月8日丨飞沃科技(301232.SZ)于投资者互动平台表示，公司业务目前暂未涉及人形机器人领 域，但会积极关注行业未来的发展动态。 ...

今日，为期5天的2025世界机器人大会火热开幕，大会设置创新馆、应用馆、技术馆三大展馆，大会博 览会汇聚埃斯顿、宇树科技、银河通用等200余家国内外优秀机器人企业的1500余件展品，其中100余款 为首发新品，50家人形机器人整机企业参展，数量创同类展会之最。 机器人产业催化不断，相关领域投资价值受关注。国证机器人产业指数覆盖机器人产业链上下游各核心 环节，人形机器人相关成份股占比近八成，"人形含量"在ETF跟踪的指数中位居第一。Wind数据显示， 自4月10日指数修订生效至昨日，该指数已累计涨超28%，涨幅领先其他同类指数。 Wind数据显示，截至昨日，跟踪上述指数的机器人ETF易方达（159530）近一个月合计净流入超20亿 元，产品规模创下42亿元的新高，位居同标的ETF之首，可助力投资者便捷布局机器人产业发展机遇。 （文章来源：每日经济新闻） ...

Group 1 - Apple suppliers are betting on large-scale production of new iPhones in India, expecting to avoid the 50% tariffs imposed by Trump on products from India [2] - Yunfan Hydrogen Energy has completed Series A financing to accelerate its development in hydrogen fuel cells and PEM electrolysis technology [2] - The world's first humanoid robot 4S store, Robot Mall, will open in Beijing, showcasing over 50 robots across seven categories, aiming to create an integrated model of experience, sales, and service delivery [2] - Synchron has demonstrated a brain-machine interface that allows ALS patients to control Apple devices using their thoughts, marking a significant advancement in native input methods for technology [2]

该行预计于2025至2030年，三花的收入和净利润的年均复合增长率为19%。该行认为人形机器人是重要 的长期技术趋势，三花作为高可见度的执行器组装商，有望在供应链中获得关键角色，预测到2030年， 该业务板块将贡献25%和18%的总收入和净利润。 高盛发布研报称，启动覆盖三花智控（002050）(02050)，首予"买入"评级，目标价为33.2港元。该行 指，三花是全球领先的暖通空调控制及热管理部件供应商，看好其在人形机器人执行器领域的增长潜 力，这建立在其在暖通空调部件和电动车热管理部件的稳固全球市场领导地位之上。 ...

作为解决人形机器人落地应用"最后一厘米"的关键末端执行器，灵巧手受到了资本市场的高度关注。8 月8日，2025世界机器人大会(WRC)在北京开幕，大寰机器人联合南方科技大学机器人研究院携多款创 新产品亮相展会现场，正式发布第二代灵巧手——DH-5-6触觉灵巧手。 在展会上，大寰机器人展示了"夹薯片""夹麻将""举哑铃""通用插拔""CPU装配工站""遥操作""磁悬浮环 形线"等创新应用。据了解，DH-5-6灵巧手可选配阵列高灵敏触觉传感器，分别布设于指腹、手掌等关 键接触区域，能够精准感知物体的材质、纹理、形状、软硬程度、滑动状态及压力变化。基于离子活性 层和微结构设计，其仿生感知能力可实时捕捉接触面压力分布、材质纹理特征及微观滑动趋势等三维力 场变化。 融合大寰机器人经过多年打磨的高精度力控技术与智能化算法，DH-5-6灵巧手不仅支持自适应抓取、 轻拿轻放、异常触碰识别等多种柔性控制策略，还能智能判断物体特性并动态调整操作方式，轻松应对 复杂多变的抓取与操作场景。 引人关注的是，通过对驱动方案与传动结构的系统性优化升级，DH-5-6灵巧手在抓取寿命上实现了重 大突破，可靠作业次数提升至100万次以上，相比行 ...

Core Viewpoint - The stock price of Changsheng Bearing (300718.SZ) surged due to the human-shaped robot concept, leading to a significant share transfer plan by shareholders to meet personal funding needs [2][3]. Group 1: Share Transfer Details - Changsheng Bearing announced a plan to transfer 7,885,500 shares, representing 2.65% of its total share capital, at a price of 61.82 CNY per share, which is nearly 40% lower than the closing price of 102 CNY per share [2][3]. - The transferring shareholders include Jiaxing Baisheng Investment Management Partnership and Lu Xiaolin, with Baisheng Investment holding 6,014,250 shares (2.02% of total shares) and Lu Xiaolin holding 1,871,250 shares (0.63% of total shares) [3][4]. - The share transfer was fully subscribed within a day, with 16 institutional investors identified as the initial recipients [4]. Group 2: Market Reaction and Stock Performance - Following the announcement of the share transfer, Changsheng Bearing's stock price increased by 0.78% to 102.80 CNY per share [2]. - The decision not to proceed with a previously announced share reduction plan in July 2023 proved beneficial, as the stock price surged by 481.4% from December 24, 2024, to February 20, 2025, and by 757.8% from September 24, 2024, to February 28, 2025 [6]. Group 3: Company Overview and Financial Performance - Changsheng Bearing specializes in the research, production, and sales of self-lubricating bearings, with its main products including metal-plastic polymer self-lubricating bearings and bimetal boundary lubricating bearings [6][8]. - In 2024, the company reported total revenue of 1.137 billion CNY, a year-on-year increase of 2.89%, while net profit decreased by 5.43% to 229 million CNY [8]. - The company is actively developing products for the robotics sector, focusing on self-lubricating bearings for robotic joints, which are currently in the sample delivery stage [7].

鑫新闻 研究所日报 2025 年 8 月 8 日 星期五 1.海关总署发布国内7月外贸数据，以美元计价出口+7.2%，进口+4.1%。点评：7月进出口均好于市场预期，其中7.2% 的出口增速较上月的5.9%加快1.3个百分点，市场预期为5.8%；4.1%的进口较上月的1.1%同样明显较快，亦好于预期 的0.3%。就背后的原因看，7月出口保持较强韧性继续受到"抢出口"以及多元化支撑，美国对等关税"暂缓期"从7 月9日延长至8月1日带来时间窗口，同时从出口地区看，对非洲出口+42.4%，增速进一步加快，对东盟出口+16.6%， 继续维持较高增速，出口目的地多元化效果进一步显现。与此同时7月对美出口-21.7%，降幅较上月再度扩大，1-7月 对美出口累计-12.6%，高关税带来的负面影响明显。7月进口环比+6.2%，强于季节性均值，其中铜矿、芯片进口强劲， 背后可能受美国关税政策影响。往后看，伴随美国关税政策取得进展，后期"抢出口"效应预计将有所减弱，下半年 国内出口面临的压力依然存在，但在出口多元化的背景下，出口回落幅度料将相对可控。从国内宏观层面看，出口韧 性将继续对国内经济形成支撑，将在一定程度上降低增量政策 ...

Group 1: Core Conclusions - The report highlights that AI's demand for computing power accelerates the iteration of communication technology, with significant opportunities in marine energy and communication sectors. The company, as a global leader in the optical cable industry, is expected to benefit from the rising demand in both communication and energy fields. Projected net profits for 2025-2027 are 3.4 billion, 3.9 billion, and 4.5 billion CNY, with growth rates of 21.7%, 15.7%, and 15.7% respectively, corresponding to PE ratios of 12, 10, and 9 times [1][6][7] Group 2: Company Overview - The company is ranked among the top three in the global optical fiber communication industry and marine cable systems, focusing on both communication and energy sectors. It possesses a complete production and service capability across the entire industry chain, from optical fiber preform to optical fiber cable and optical network deployment [6][7] - In the communication sector, the company is a top player in the optical fiber cable market and the only domestic company with the capability to deliver cross-border marine cable systems. In the energy sector, it maintains a leading position in land power grids, offshore wind cables, and specialty cables, with a comprehensive product range across various voltage levels [6][7] Group 3: Market Trends and Opportunities - The demand for low-loss and hollow-core optical fibers is increasing due to the growth in computing power, which is driving the iteration of communication infrastructure. The company has strategically positioned itself in next-generation fiber technology, achieving significant market shares in recent tenders and projects [7] - The government has included deep-sea technology in its work report, indicating ongoing policy support for marine energy and communication sectors. The company is well-positioned to benefit from the accelerated installation of offshore wind power and the increasing demand for submarine cables as the industry enters a replacement phase [7] Group 4: Financial Performance - For Ningde Times, the company reported a revenue of 178.886 billion CNY and a net profit of 30.485 billion CNY for the first half of 2025, reflecting year-on-year increases of 7.27% and 33.33% respectively. The second quarter saw a revenue of 94.182 billion CNY, up 8.26% year-on-year, and a net profit of 16.523 billion CNY, up 33.73% year-on-year [9][10] - For Zhongchong Co., the company achieved a revenue of 2.432 billion CNY and a net profit of 203 million CNY in the first half of 2025, with year-on-year increases of 24.32% and 42.56% respectively. The second quarter revenue was 1.331 billion CNY, up 23.44% year-on-year [13][14]

Macro and Strategy - The report highlights that special new local government bonds have exceeded 800 billion, with net financing of government bonds and new local bonds reaching 9.2 trillion, surpassing the same period last year by 5 trillion [7][8] - The report indicates that the net financing of local bonds for the 31st week was 2,425 billion, and for the 32nd week, it was 828 billion, with a cumulative total of 5.2 trillion, exceeding last year's total by 3.1 trillion [7][8] Agriculture Industry - The report notes a new round of beef price increases, with strong support for pork prices, indicating a positive outlook for the livestock sector in 2025 [9][11] - The report provides specific price data, such as the pork price at 14.19 yuan/kg, which is a week-on-week increase of 0.78%, and the price of live chickens at 6.70 yuan/kg, with a week-on-week increase of 0.6% [9][10] - Investment recommendations include livestock, pet consumption, and undervalued leading companies in the breeding chain, with specific companies highlighted for investment [11] Machinery Industry - The report states that the machinery industry index rose by 5.67% in July, outperforming the Shanghai and Shenzhen 300 index by 2.12 percentage points [12] - Key investment focuses include AI infrastructure and humanoid robots, with a recommendation for companies like XCMG and SANY Heavy Industry [12][13] Semiconductor Industry - The semiconductor index increased by 3.08% in July, with the report suggesting a focus on domestic manufacturing supply chains and cyclical recovery in analog chips [16][17] - The report highlights that global semiconductor sales in June reached $59.91 billion, a year-on-year increase of 19.6%, with China’s semiconductor sales at $17.24 billion, a 13.1% increase [16][17] Electric Power and New Energy - The report discusses Apple's commitment to invest an additional $100 billion in the U.S., which may positively impact the supply chain and related companies [19] - Investment recommendations include battery and equipment companies that are expected to benefit from the increased use of steel shell batteries in iPhones [19] Company-Specific Insights - Haida Group is noted for its significant growth in feed sales, achieving a total of 14.7 million tons in the first half of 2025, a 25% year-on-year increase, with market share rising from 8.41% to 9.27% [19] - Far East Horizon reported a stable asset scale with a slight increase in net profit, achieving a net profit of 2.2 billion yuan in the first half of 2025, a year-on-year increase of 3.8% [21][22] - Ninebot's revenue for the first half of 2025 reached 11.74 billion yuan, a 76.1% year-on-year increase, driven by strong sales in electric two-wheelers and lawnmowers [23][24]