Group 1: Defu Technology - Defu Technology has acquired Luxembourg Copper Foil, positioning itself among the global leaders in high-end IT copper foil [1] - Luxembourg Copper Foil, established in 1960, is the only non-Japanese high-end IT copper foil manufacturer globally, with an annual capacity of 16,800 tons [1] - Defu Technology's electrolytic copper foil capacity has increased to 191,000 tons per year, making it the largest globally, and aims to enhance profitability through technology resource integration [1] - The company plans to invest 183 million yuan in R&D in 2024, resulting in 17 new invention patents [1] Group 2: New Coordinates - In 2024, overseas revenue accounts for 43.17% of New Coordinates' total revenue, with growth driven by domestic brand customer development [2] - The company serves over 90% of its clients in the automotive sector, covering both passenger and commercial vehicle markets [2] - New Coordinates is a high-tech enterprise with full-chain R&D capabilities, focusing on high precision and material utilization in cold forming technology [2] - The company is addressing annual decline issues through improved internal controls and enhanced on-site management [2] Group 3: Hengshuai Co., Ltd. - Hengshuai Co., Ltd. highlighted the advantages of its harmonic magnetic field motor technology, including lightweight design and cost optimization [3] - The company provides customized solutions in the humanoid robot sector, which is expected to be a significant growth area [3] - The traditional cleaning business lacks disruptive innovation but has seen successful applications in advanced autonomous driving scenarios [3] - The company has sufficient land and factory space, with intelligent production lines that can shorten capacity expansion cycles [3]

（编辑 袁冠琳） 证券日报网讯 领益智造7月31日在互动平台回答投资者提问时表示，公司已获得多家人形机器人的硬件 服务订单，并开放机器人应用场景，供机器人开展场景化训练与测试、通用数据集建立等用途。此外， 数据资产正成为机器人产业的核心竞争力，公司正在完成真实训练场景搭建、数种应用落地开发数据采 集，集成多本体、多任务、高价值数据。 ...

（文章来源：证券日报） 证券日报网讯领益智造7月31日在互动平台回答投资者提问时表示，公司已与国创中心签署战略合作协 议，公司为国创中心提供硬件服务，并为国创中心开放机器人应用场景，供机器人开展场景化训练与测 试、通用数据集建立等用途，双方将整合优势资源，共同推动机器人产业在技术创新、产品研发及产业 化应用等方面的发展。近期，双方已就意向订单达成一致，正在为国创中心的机器人提供关键零部件。 ...

Core Viewpoint - The company is transforming into a smart infrastructure asset service provider, leveraging its strong asset operation and financing capabilities while focusing on building a complete ecosystem in the robotics industry [1][2]. Group 1: Company Overview - The company, originally listed as "首长国际" in Hong Kong, began its strategic transformation in 2016 and has established a solid moat in asset operation and financing [1]. - The company is backed by top-tier strategic shareholders, including Shougang Group and Orix Group, enhancing its financial stability and growth potential [1]. - The company aims to create a full lifecycle service loop for infrastructure assets while deepening its investment in the robotics sector [1]. Group 2: Performance Highlights - The asset operation business recorded a revenue of 920 million HKD in 2024, representing a year-on-year increase of 39.8% [1]. - The company operates 12 airport parking resources, including six with an annual throughput of over 10 million [1]. - The asset financing business has experienced historical volatility but is expected to stabilize due to changes in accounting standards in 2024 [1]. Group 3: Robotics Business Development - In early 2024, the company partnered with Beijing Guoguan to establish a 10 billion RMB robotics industry investment fund, investing in various high-quality enterprises in the robotics field [2]. - The company leverages its extensive parking lot and industrial park operations to create unique scene advantages, shortening commercialization cycles and enhancing product iteration [2]. - The establishment of Beijing Shoucheng Robotics Technology Industry Co., Ltd. in February 2025 will further validate the conversion of scenes to orders in the robotics sector [2]. Group 4: Financial Projections and Investment Outlook - The company is a leader in parking lot operations, with a strong cash flow foundation supporting its robotics business expansion [3]. - Revenue projections for 2025-2027 are estimated at 1.52 billion, 1.71 billion, and 1.89 billion HKD, with corresponding net profits of 580 million, 710 million, and 820 million HKD [3]. - The company is rated as a "buy" with projected P/E ratios of 24.9x, 20.3x, and 17.5x for the respective years [3].

本公司高级管理人员、基金投资和研究部门负责人持有本基金份 额总量的数量区间为0，本基金的基金 经理持有本基金份额总量的数量区间为0。 7月31日，鹏华基金发布公告称，鹏华国证机器人产业交易型开放式指数证券投资基金合同已于2025年 07月30日生效。 基金募集期间自2025年07月21日至07月25日，有效认购总户数4,087户，净认购金额3.89亿元，利息结转 份额20,853份，总募集份额3.89亿份。 ...

领益智造（002600.SZ）7月31日在投资者互动平台表示，公司已获得多家人形机器人的硬件服务订单， 并开放机器人应用场景，供机器人开展场景化训练与测试、通用数据集建立等用途。此外，数据资产正 成为机器人产业的核心竞争力，公司正在完成真实训练场景搭建、数种应用落地开发数据采集，集成多 本体、多任务、高价值数据。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：请问公司机器人业务最近有什么进展吗？ ...

Group 1 - The core viewpoint of the news is the launch of the first batch of opportunity lists for the robot industry in Sichuan, aimed at fostering collaboration and mutual benefits among local robot enterprises [1][2] - The opportunity list includes four sub-lists: application scenarios, key products, technical requirements, and innovation platforms, focusing on the development needs of local robot companies [1][2] - A total of 194 application scenarios were collected, categorized into six demand types, including manufacturing and logistics, life and services, medical and rehabilitation, guidance and interaction, emergency and inspection, and special operations [1][2] Group 2 - The key products list consists of 120 products selected through voluntary declaration and competitive selection, reflecting the industrial distribution centered around Chengdu and Mianyang [1][2] - The technical requirements list includes 35 items covering various aspects such as intelligent algorithms, key components, design, system integration, and product optimization, involving over 20 robot enterprises [2] - The innovation platforms list comprises 10 entities, including the Sichuan Robot and Intelligent Equipment Innovation Center and the Mianyang Science and Technology City Robot Industry Technology Research Institute, primarily located in Chengdu, Deyang, and Mianyang [2]

Core Insights - The world's first robot 6S store has opened in Shenzhen, showcasing a new model of "sales + rental + customization" that brings robotics from science fiction to reality [1] - The 6S store innovatively integrates leasing and personalized customization into a comprehensive service system, enhancing the robot industry's supply-demand matching [1][12] Group 1: Paradigm Innovation of Robot 6S Store - The 6S store builds on the traditional 4S model by adding leasing and customization, creating a "six-in-one" lifecycle service system [1] - This model aims to resolve the industry deadlock between standardized machines and non-standard scenarios through data interconnectivity and service integration [1] Group 2: Practical Value of Robot 6S Store - The store features a variety of robots, including coffee robots and wall-climbing robots, and will establish a verification center for practical applications [5][6] - Regular performances and events will be held to increase public engagement with robotics, moving them beyond niche events into everyday life [2] Group 3: Technological Validation - The 6S store aims to generate substantial data through real-world applications, which will enhance robot training and operational feedback [6] - This initiative addresses the current data scarcity in the embodied intelligence industry, facilitating better technology and product updates [6] Group 4: Supply Chain Integration - The store has attracted over 200 supply chain companies, providing a one-stop solution for all robot production needs [9] - This integration allows for quick responses to maintenance needs and promotes smooth interactions within the robot industry [9] Group 5: Ecological Construction from 6S Store to Robot District - The 6S store creates a closed-loop ecosystem that accelerates technological iteration and reduces trial-and-error costs for companies [12] - Plans are underway to develop a robot-themed district, featuring diverse applications such as 24-hour robot pharmacies and coffee-making robots [12] Group 6: Investment Opportunities through ETF - The robot ETF (562500) includes 37 stocks related to humanoid robots, covering significant segments of the industry [13] - The ETF has seen substantial growth, with a current scale of 16.196 billion yuan, reflecting a 120.59% increase this year [15]

Focus Events - The 20th Central Committee's Fourth Plenary Session will be held in October in Beijing, focusing on the report of work and the formulation of the 15th Five-Year Plan for national economic and social development [1] Macro News - The average interest rate for newly issued commercial housing loans in Q2 2025 is 3.09% [18] - The Ministry of Agriculture and Rural Affairs is guiding the orderly elimination of low-yield dairy cows and enhancing support for large-scale breeding enterprises [18] Company Focus - Feilong Co., Ltd. is expanding into the robotics industry, collaborating with several vehicle manufacturers on product development [20] - Yonghui Supermarket plans to raise up to 3.992 billion yuan through a private placement for store upgrades and logistics improvements [21] - WuXi AppTec is issuing new H-shares at a price of 104.27 HKD per share, aiming to raise approximately 7.7 billion HKD [23] - China Shipbuilding Emergency Response received a warning and a fine of 4 million yuan for information disclosure violations, with its stock being marked as ST [25] - Hongxiang Co., Ltd.'s actual controller has been released on bail [27] - A stock of Upwind New Materials has been suspended for review after a 1083.42% increase in price over 16 trading days [29] - CATL reported a net profit of 30.5 billion yuan for the first half of 2025, a 33% year-on-year increase [31] - XGIMI expects a 2062.33% increase in net profit for the first half of 2025 [33] - Zhiwei Intelligent reported a net profit of 102 million yuan for the first half of 2025, an 80.08% increase [34] - Jinhai Biological reported a net profit of 138 million yuan for the first half of 2025, a 51.52% increase [34] - Lideman is planning to acquire control of Xiansheng Xiangrui [36] - San Chao New Materials is planning a change in control, with stock suspension starting July 31 [36] - Digital Certification will change its controlling shareholder to Beijing Data Group [37] - Jin Orange is planning to acquire 55% of Samit [37] - Taotao Vehicle announced a strategic cooperation agreement with Yushu Technology for market expansion in robotics [38] - China State Construction recently secured 9 major projects totaling 28.33 billion yuan [40] - Yangtze Power plans to invest approximately 26.6 billion yuan in the Gezhouba shipping capacity expansion project [42] - Changying Precision has established partnerships with several leading humanoid robot brands [44]

Core Viewpoint - Tianlong Co., Ltd. is focusing on precision plastic manufacturing, particularly in the automotive electronics and lightweight structural components sectors, and has been given a "Buy" rating in a recent research report [1][4]. Investment Highlights - The company specializes in precision plastic manufacturing with capabilities in precision molds, injection molding, stamping, and assembly, primarily serving the automotive and electrical appliance sectors [2]. - In the automotive parts sector, the focus is on precision electronic components and lightweight structural parts, with plans to develop large functional plastic components and integrated electronic products for new energy vehicles [2]. - The company has completed construction of its production base in Thailand, with most equipment expected to be operational by the end of July, and aims to secure more overseas orders [2]. Strategic Collaborations - The company has invested in Wuhan Feien Microelectronics, which specializes in MEMS sensor development and manufacturing, and is expanding into humanoid robotics, aligning with the trend of lightweight materials in robotics [3]. - The company’s core advantages in precision molds and automated assembly, combined with established customer resources in the automotive and electrical sectors, position it well to enter the robotics market [3]. Profit Forecast - Revenue projections for the company are estimated at 1.587 billion, 1.920 billion, and 2.158 billion yuan for 2025, 2026, and 2027 respectively, with corresponding EPS of 0.69, 0.82, and 0.97 yuan [4]. - The current stock price corresponds to PE ratios of 32.6, 27.2, and 23.0 for the years 2025, 2026, and 2027, indicating a favorable investment outlook [4].