毛利率水平提升显著，海外业务成本改善成果突出盈利端，公司2025Q2 毛利率18.39%，同环比 +2.65pct/+0.49pct；净利率3.21%，同环比-0.1pct/+0.44pct。分业行业收入方面，公司2025H1 汽车零部 件收入297.72亿元，同比+10.68%；分地区收入方面，2025H1 国内收入76.57 亿元，同比增长26.54%， 国外收入225.42 亿元，同比增长8.12%，毛利率17.81%，同比+3.03pct，受益于欧洲区域成本改善措施 落地。费用端，2025Q2 销售/管理/研发/财务费用率分别为1.34%/5.05%/5.69%/1.47%，环比变 动-0.03pct/0.16pct /0.23pct /-0.55pct，研发费用提升源于对智能电车行业研发和对人形机器人技术创新与 开发的投入。 汽车电子技术创新，继续深化人形机器人领域布局公司形成汽车和机器人双轮驱动格局，其中汽车板块 中，安全业务继续降本增效，持续推进引入国内供应商、采购价格优化等方式降本，推进零部件自供， 在湖州启动扩建气体发生器基地。汽车电子和智驾持续突破，与Momenta 携手为多款车型提供高阶 ...

证券日报网讯汉桑科技8月18日在互动平台回答投资者提问时表示，公司密切关注人形机器人行业的技 术变革、应用场景迭代、演进趋势，探索适配人形机器人应用场景的技术创新方案。 （文章来源：证券日报） ...

Group 1 - The first Global Technology Innovation Competition has been launched in Hangzhou, focusing on high-level and international technology innovation [1][4] - The competition will last approximately four months, with registration closing on September 30, initial evaluations in October, and finals in November [1][3] - The competition features four specialized tracks: humanoid robots, biomanufacturing, AI + eye health, and aerospace, targeting global universities, research institutions, and startups established within the last five years [3][4] Group 2 - The competition aims to attract top global innovation teams and quality technology projects, promoting the "Global Innovation, Zhejiang Transformation" brand [4] - The event is supported by a comprehensive incubation ecosystem, including project guidance, policy empowerment, financial support, and industrial integration [3][4] - Incentives for humanoid robot projects include a maximum of 200,000 yuan in prize money and up to 20 million yuan in policy support for selected projects [5][4] Group 3 - An expert advisory committee with 188 members, including 18 academicians, ensures the competition's professionalism and fairness [6] - The competition includes specific challenges for humanoid robots, focusing on autonomous exploration, operation, and interaction technologies [6][8] - The challenges aim to address the adaptability of humanoid robots in various industrial applications, emphasizing the need for solutions that enhance their intelligence and operational versatility [8][10]

Core Insights - The humanoid robot technology is accelerating innovation, showcasing a diverse development landscape in the industry [1] - The brain module is identified as a key breakthrough area, driving the development of intelligent closed-loop systems [1] - Chinese manufacturers are expected to achieve breakthroughs in core component localization for the body module, while advancements in motion control are noted for the small brain module [1] - Humanoid robots are transitioning from technology validation to initial application, which is anticipated to accelerate commercialization and market education [1] - Technologies such as visual-language-action models are rapidly evolving, supporting robots' progression towards general intelligence [1]