天眼查App显示，近日，首形科技（上海）有限公司发生工商变更，新增蚂蚁集团旗下上海云玚企业管 理咨询有限公司、北京锦秋私募基金管理有限公司等为股东，同时注册资本由约350万人民币增至约401 万人民币。该公司成立于2024年6月，法定代表人为胡宇航，经营范围包括智能机器人的研发、智能机 器人销售、服务消费机器人销售等，现由深圳市创新资本投资有限公司、智元机器人关联公司智元创新 （上海）科技有限公司及上述新增股东等共同持股。公开资料显示，该公司是一家专注于超仿生仿人机 器人研发的企业。 ...

智通财经APP获悉，摩根士丹利发布研报称，首次覆盖英诺赛科(02577)，评级与大市同步"，目标价95 港元，相当于预测明年市销率34倍。该行指，英诺赛科是一家领先的氮化镓功率集成电路厂商，相信该 公司已做好充分准备，从人工智能数据中心、仿人机器人和电动车等世俗增长驱动因素中获益。该行认 为目前的估值在很大程度上反映了市场的高预期。 ...

摩根士丹利发布研报称，首次覆盖英诺赛科(02577)，评级与大市同步"，目标价95港元，相当于预测明 年市销率34倍。该行指，英诺赛科是一家领先的氮化镓功率集成电路厂商，相信该公司已做好充分准 备，从人工智能数据中心、仿人机器人和电动车等世俗增长驱动因素中获益。该行认为目前的估值在很 大程度上反映了市场的高预期。 ...

摩根士丹利发表报告，首次覆盖英诺赛科，评级"与大市同步"，目标价95港元，相当于预测明年市销率 34倍。该行指，英诺赛科是一家领先的氮化镓功率集成电路厂商，相信该公司已做好充分准备，从人工 智能数据中心、仿人机器人和电动车等增长驱动因素中获益。 ...

摩根士丹利发表报告，首次覆盖英诺赛科，评级"与大市同步"，目标价95港元，相当于预测明年市销率 34倍。该行指，英诺赛科是一家领先的氮化镓功率集成电路厂商，相信该公司已做好充分准备，从人工 智能数据中心、仿人机器人和电动车等增长驱动因素中获益。 ...

Core Viewpoint - Dechang Motor Holdings (00179) has seen its stock price rise over 4%, reaching a new high of HKD 44.58, with a year-to-date increase of 320% [1] Group 1: Stock Performance - As of the latest report, the stock is up 4.48%, trading at HKD 44.3, with a trading volume of HKD 554 million [1] - The stock price has increased by 320% since the beginning of the year [1] Group 2: Business Developments - Citigroup noted that Dechang Motor's first fiscal quarter sales declined by 2%, but strong backlog orders are expected to lead to sales recovery in the second and third quarters [1] - The company has established two equity joint ventures with Shanghai Mechanical and Electrical (600835) to enhance its component engineering capabilities in new business areas [1] Group 3: Market Opportunities - The company is experiencing positive momentum in the humanoid robot market, which is anticipated to create larger business opportunities [1] - In July, Dechang Motor announced that its wholly-owned subsidiary, Dechang Automotive Electric, formed two joint ventures with Shanghai Mechanical and Electrical to design and manufacture humanoid robot components in China [1] - The company is also involved in AI server thermal management, including cooling pumps and other thermal management system components, with a new DCP series liquid cooling pump set to launch in May 2025 [1]

Group 1 - The core focus of Dongjie Intelligent Control is on humanoid robots, developing high-performance robotic components and subsystems [2] - Dongjie Intelligent Control's joint module products are designed for advanced humanoid and service robots, featuring high torque density, low backlash, and compact structure [1] - The company aims to become a professional provider of key hardware modules and system integration solutions for humanoid robots and embodied intelligence [1][2] Group 2 - Dongjie Intelligent Control is a strategic joint venture established by Shanghai Electric and Delta Electronics, leveraging their extensive technical expertise and industry experience [1] - The company operates through two entities in Shanghai and Shenzhen, focusing on sales, business development, R&D, and advanced humanoid robot hardware design and manufacturing [2] - The core components of humanoid robots include reducers, motors, screws, sensors, and software systems, with a trend towards miniaturization, lightweight, and integration [2] Group 3 - Humanoid robots are expected to become a transformative product in human production and lifestyle, potentially reshaping the global industrial landscape [3] - Shanghai Electric will continue to innovate and leverage its industrial advantages to promote the steady development of advanced electromechanical technology [3] - The company is committed to responding to the new societal demands for productivity through collaboration with quality ecological partners in the industry [3]