近日，豪森智能与乐聚（深圳）机器人技术有限公司正式签署战略合作协议。双方将围绕工业场景 下"具身智能技术协同与产业落地"展开深度合作，共同推动工业场景的智能化升级。双方将在技术、市 场、客户资源等多维度实现深度协同。 ...

针对复杂崎岖地形条件，研究团队研发了两款探测机器人原型机：一款是"食蚁兽"柔性臂机器人，采用 了柔性机械臂与刚性移动平台结合的创新结构设计，侧重于在复杂环境中自主探索与多功能操作；另一 款是"蝾螈"可变形软体轮足机器人，善于在复杂地形中灵活移动与环境勘查。我们希望借助"类月球熔 岩管环境"实地测试两款原型机的性能，为深空探测中的具身智能技术发展提供关键支撑。 北京大学还联合西北大学、香港大学、中南大学等高校，在辽宁省鞍山市岫岩满族自治县的陨石坑，建 立了"陨石坑比较行星学"教学实习基地。陨石坑是太阳系天体表面的普遍特征，对我国境内陨石坑的深 入研究，能为理解其他天体的撞击坑特征提供重要的地球参照。 "类行星环境"系列教学实习基地的建设，不仅为行星科学教学与科研提供了平台，更以"地球版月宫"为 切入点，向"太空采矿"等月面资源原位利用技术迈出坚实步伐。接下来，相关团队还计划围绕熔岩管探 测与数字孪生建模、行星资源探测和开发、机器人集群自主协同仿真训练等课题展开攻关，为载人登月 任务、月球国际科研站建设提供验证场景和技术储备。 总体来看，"类行星环境"系列教学实习基地的建设令人期待，正如中国科学院院士、西北大学— ...

Core Insights - The Beijing Humanoid Robot Innovation Center's Tianyi 2.0 won the first gold medal at the 2025 World Humanoid Robot Games by completing tasks autonomously, showcasing its advanced capabilities in precision and stability [1][7] - The competition required robots to accurately insert 27 slender materials with a diameter of only 8 millimeters into designated holes, highlighting the high demands for fine object handling [1] - Tianyi 2.0's success is attributed to the effective collaboration between its "embodied brain" and "embodied small brain" enabled by the "Wisdom Opens Things" platform, demonstrating significant advancements in embodied intelligence technology [3][5] Company Achievements - The victory of Tianyi 2.0 in the material sorting project signifies a major breakthrough in embodied intelligence technology, marking a transition from laboratory concepts to practical applications in complex industrial scenarios [7] - The robot's ability to perform "perception-decision-execution" in open and dynamic environments indicates a shift from being mere programmed machines to autonomous entities capable of complex tasks [5] Competition Performance - In addition to winning the gold medal, Tianyi 2.0 also secured the silver and bronze medals in the material handling project at the same event, further demonstrating its competitive edge [9]

Core Insights - The 2025 World Humanoid Robot Games showcased the progress of humanoid robots, with 280 teams and over 500 robots competing, highlighting the industry's advancements and the importance of iterative testing in technology development [1][2] Group 1: Event Overview - The event featured three categories: competitive events, performance events, and scenario events, assessing the maturity of embodied intelligence technology from multiple dimensions [2] - Humanoid robots demonstrated various capabilities, including sorting materials, cleaning services, dancing, and heavy lifting, emphasizing the importance of real-world applications in driving research and development [2] Group 2: Technological Advancements - The "Walker No. 2" robot from Henan achieved first place in its group for the 1500-meter event, showcasing the effectiveness of interdisciplinary support in hardware, data, algorithms, new materials, and bionic technology [3] - The tendon-driven design of "Walker No. 2" reduced its weight by 40% compared to similar-sized robots, enhancing its agility and energy efficiency through optimized algorithms [3] Group 3: Industry Implications - The event brought together various innovative teams from universities, research institutions, and leading humanoid robot companies, fostering collaboration between academia and industry [3] - Henan's complete industrial chain and strategic emerging industries provide a solid foundation for robot manufacturing, with significant market potential and diverse application scenarios driving industry growth [3]

本次机器人比赛的规则说明文件将近70页。裁判长董浩告诉《环球时报》记者，机器人足球的比赛和判 罚规则与人类足球接近，但在冲撞等动作的判罚上要比人类足球宽松。此外，还有一些针对性的特殊规 则，例如一方机器人在踢任意球时，另一方机器人10秒内不得上前拼抢，这是为了便于机器人执行任意 球的AI算法。 而在比赛前夕，各个参赛队伍都在加紧调试机器和代码。清华大学"火神队"的参赛选手告诉《环球时 报》记者，参赛的开源机器人由大会统一提供，他们负责为机器人编写软件，这些软件程序决定了机器 人的运动控制能力、视觉能力等。 来源：环球时报-环球网 【环球时报-环球网报道 记者 陈子帅】8月13日，全球首个人形机器人运动会举行5V5足球项目预选 赛。《环球时报》记者在现场看到，比赛过程中，机器人已经能够无需借助人工控制，自主踢完整场比 赛。专家认为，具身智能技术正处在飞速发展阶段，机器人能像人类一样踢球，说明其也将在生产生活 场景大展拳脚。 5V5比赛，每支队伍各有两名前锋，两名后卫和一名守门员机器人。进场时，机器人能够自主站到自己 的站位。 随着裁判发球，机器人开始抢球、传球……尽管过程中不时有机器人因为碰撞而倒下，但大多时候 ...

Summary of Conference Call for Company Company Overview - The company reported a revenue of 6.63 billion yuan for Q2 2025, representing a year-on-year growth of 61.54% [2][4] - The net profit attributable to shareholders was 788 million yuan, up 70.77% year-on-year [2][4] - Excluding share-based payment expenses, the net profit reached 888 million yuan, reflecting an 83.76% increase [2][5] Key Financial Metrics - For the first half of 2025, the company achieved a total revenue of 11.742 billion yuan, a 76.14% increase year-on-year [3] - The net profit attributable to shareholders was 1.242 billion yuan, up 108.45% year-on-year [3] - The gross profit margin was 30.39%, an increase of 1.48 percentage points year-on-year [3] Business Segments Performance Electric Two-Wheelers - The electric two-wheeler business showed significant scale effects with a gross margin exceeding 25% and an EBIT margin over 13% [2][7] - The company aims to sell 4 million electric two-wheelers in 2025, with a target of over 5 million units in 2026 [4][31] - The number of stores for electric two-wheelers is approaching 10,000, with sales targets of 800-1,000 units per store annually [4][17] Electric Scooters - The electric scooter business exceeded expectations, with a strong product competitiveness and an average selling price (ASP) increasing from 2,000 yuan to 2,400 yuan [2][19] - The ToB (business-to-business) to ToC (business-to-consumer) sales ratio is 2:1, with a projected annual growth rate of 30% for ToB and 20% for ToC [19] Robotic Lawn Mowers - The robotic lawn mower segment is focusing on online channels and expanding product lines for different sales platforms [2][9] - Despite some price reductions, the EBIT margin remains high due to scale effects [11] - The company expects to see over 100% growth in robotic lawn mowers for the year [4][31] Market Expansion and Strategy - The company plans to launch its Ebike products in the U.S. market first, with a focus on Europe in the following year [10] - The company is exploring the ToB market in the U.S. due to consumer preferences for service providers [15] - The company is also adapting to new tariff policies by relocating production to countries like Vietnam and Mexico [24] Competitive Landscape - The company maintains a leading position in the robotic lawn mower market, with a focus on innovation and technology integration [9][29] - The penetration of boundary-less robotic mowers is expected to increase significantly, with a forecasted growth from 2% to 17% over the next five years [30] Future Outlook - The company anticipates that its overall performance will exceed revenue growth, with specific guidance for 2026 to be provided later [31] - The company is committed to enhancing user experience and product value rather than engaging in price wars, reflecting a healthier industry trend [32] Additional Insights - The company has a mechanism for replacing underperforming stores and dealers to maintain operational efficiency [18] - The company is exploring new smart hardware products, including various robotic solutions for home and garden maintenance [23] This summary encapsulates the key points from the conference call, highlighting the company's financial performance, business segment insights, market strategies, competitive positioning, and future outlook.

股票代码：002747 股票简称：埃斯顿 南京埃斯顿自动化股份有限公司 2025 年 7 月 2 日-8 月 1 日投资者关系活动记录表 编号：2025004 | 投资者关系活动类别 | ■特定对象调研 □分析师会议 | | | | | --- | --- | --- | --- | --- | | | □媒体采访 □业绩说明会 | | | | | | □新闻发布会 □路演活动 | | | | | | □现场参观 | | | | | | ■其他（电话会议） | | | | | 参与单位名称及人员姓名 | 2025年7月2日10:00-11:30 现场 | | | | | | Wexford、华泰证券共2人。 | | | | | | 2025年7月17日14:00-15:00 电话会议 | | | | | | 美银证券 、 3w Fund Management Llc | | 、 | Ai | | | Squared Management Limited | | | 、 | | | BeaUnionInvestment 、 Bluecrest Capital | | | | | | Management (Uk ...

Group 1 - The 2025 China Internet Conference was held in Beijing from July 23 to 25, focusing on the theme "Digital Drives New Quality, Intelligent Creation of the Future" [1] - The conference featured over 30 thematic activities, including special forums, industry forums, closed-door seminars, exhibitions, high-level dialogues, and enterprise deep-dive sessions [1] Group 2 - Discussions at the conference highlighted the dual nature of AI security, emphasizing the need for both protecting AI models and enhancing system security through AI technology [2] - The internet's audio and video traffic accounted for 85% of total traffic last year, with projections suggesting it could reach 90% this year [2] Group 3 - The human-shaped robot industry is gaining attention due to advancements in internet technology, particularly language models, which enhance human-robot interaction [3] - The continuous upgrade of communication technologies like 5G is accelerating the market expansion for human-shaped robots [3] - The naked-eye 3D technology is maturing, with a shift in consumer entertainment demands towards 3D experiences [3] Group 4 - The integration of internet technology with vertical industries is crucial for creating economic value, requiring detailed analysis of industry-specific processes and characteristics [4] - The rapid development of AI presents a favorable opportunity for internet technology to serve vertical industries, which should lead the integration process for better economic outcomes [4]

Core Insights - The Huawei Cloud City Summit 2025 was successfully held in Wuxi, focusing on AI applications, large models, and embodied intelligence technology [1] - The establishment of the Artificial Intelligence Innovation Center in Wuxi aims to integrate technology research and development, industry empowerment, and ecosystem cultivation [1] - Huawei Cloud emphasizes the importance of AI as a transformative technology across various industries, aiming to reshape sectors through secure and innovative cloud services [1] Group 1 - Huawei Cloud introduced the CloudMatrix 384 super-node architecture to meet the massive computing power demands of the AI era, transforming resource supply models from server-level to matrix-level [3] - The CloudMatrix 384 super-node features high density, high speed, and high efficiency, achieving comprehensive leadership in computing power, interconnect bandwidth, and memory bandwidth through architectural innovation [3] Group 2 - Huawei Cloud aims to empower partners and clients by leveraging the Pangu large model, focusing on creating value through key enterprise scenarios [4] - China holds a leading position in the industrial sector, with the manufacturing industry being the largest globally for 14 consecutive years, providing a strong foundation for innovation and intelligent upgrades [4] - Huawei Cloud's strategy includes a three-pronged approach of foundational models, toolchains, and industry scenarios to provide ready-to-use large model capabilities across over 30 industries [4] Group 3 - The Artificial Intelligence Innovation Center in Wuxi aims to support industries such as integrated circuits, high-end equipment, new energy, biomedicine, new materials, automotive parts, information technology, and aerospace in accelerating intelligent upgrades [5] - The center seeks to gather internal best practices and external ecosystem experiences on a cloud platform to empower partners and clients [5]

Core Viewpoint - Hangcha Group is accelerating its layout in the smart logistics and robotics sector through the acquisition of a 99.23% stake in Guozi Robotics, enhancing its capabilities in intelligent logistics solutions [1][2][3]. Group 1: Acquisition Details - Hangcha Group's subsidiary, Hangcha Intelligent, plans to acquire the majority stake in Guozi Robotics from related parties, marking a significant step in the company's strategic expansion [1]. - The acquisition involves an increase in registered capital from 50 million to approximately 91.47 million yuan, with Hangcha Group holding 44.28% of Hangcha Intelligent post-transaction [4]. - The transaction does not involve cash expenditure, ensuring no direct impact on operating cash flow and alleviating financial pressure on the company [4]. Group 2: Industry Context - The forklift industry is rapidly transitioning towards smart logistics and robotics, with Hangcha Group leveraging its strong manufacturing capabilities and supply chain to establish a solid foundation in intelligent logistics [2]. - Hangcha Group has developed three major business segments in intelligent logistics, with a projected contract amount exceeding 1 billion yuan in 2024 [2]. Group 3: Future Prospects - The acquisition is expected to enhance the company's product development capabilities and facilitate the transition from traditional forklifts to intelligent solutions, positioning Hangcha Group for future growth [3]. - Guozi Robotics, recognized as a leading mobile robotics company, has a robust product line and a strong commitment to future profitability, with projected net profits showing a compound annual growth rate of 85.2% from 2025 to 2027 [5].