截至2025年9月26日 10:20，上证科创板100指数下跌1.86%。成分股方面涨跌互现，复旦微电领涨2.97%，奥特维上涨2.61%，莱斯信息上涨2.52%；博瑞医药 （维权）领跌10.44%，荣昌生物下跌7.71%，源杰科技下跌5.61%。科创100指数ETF(588030)下跌1.87%，最新报价1.36元。拉长时间看，截至2025年9月25 日，科创100指数ETF近1周累计上涨1.91%。 流动性方面，科创100指数ETF盘中换手1.95%，成交1.26亿元。拉长时间看，截至9月25日，科创100指数ETF近1年日均成交4.41亿元，居可比基金第一。 消息面上，9月25日，宇树科技创始人王兴兴在第四届数贸会上表示，在可预见的未来几年，智能机器人将会遵循类似过去计算机的发展规律，将会在文娱 和适用两个领域，齐头并进地发展。人形机器人、体育赛事、商业服务、工厂落地等领域，将会越来越多地渗透到大家的生活中，为大家分担劳动的辛苦， 增添生活的欢乐。我们坚信，智能机器人技术是新质生产力发展的关键。 据报道，在2025云栖大会上，阿里巴巴旗下企业服务品牌瓴羊发布企业级AI智能体服务平台瓴羊AgentOne。 ...

2025.09. 12 9月12日晚间，沪深两市多家上市公司发布公告，以下是第一财经对一些重要公告的汇总，供投资者 参考。 【品大事】 天普股份：将于9月16日召开控制权转让说明会 *ST东通：公司股票可能被实施重大违法强制退市 *ST东通公告，公司收到中国证监会下发的《行政处罚事先告知书》。根据《告知书》认定的事实， 公司2019年至2022年度报告存在虚假记载。公司可能触及《深圳证券交易所创业板股票上市规则》 第10.5.1条第（一）项、第10.5.2条第一款第（六）项"根据中国证监会行政处罚决定载明的事实， 公司披露的年度报告财务指标连续三年存在虚假记载，前述财务指标包括营业收入、利润总额、净利 润、资产负债表中的资产或者负债科目（本项情形适用于2020年度及以后年度的虚假记载行 为）"规定的重大违法强制退市的情形，可能被实施重大违法强制退市。 中超控股：与合肥市智能机器人研究院签订了《战略合作协议》 中超控股公告，公司近日与合肥市智能机器人研究院签订了《战略合作协议》，双方就智能机器人技 术合作与产业化应用，航空航天领域高水平精密耐高温合金铸造轻量化技术，产业化智能机器人用电 线电缆的技术开发与应用达 ...

Group 1 - The core point of the article is that Zhongchao Holdings has signed a strategic cooperation agreement with Hefei Intelligent Robot Research Institute to collaborate on various technological developments and applications in the field of intelligent robotics and aerospace [1] Group 2 - The strategic cooperation will focus on intelligent robot technology collaboration and industrial application [1] - The partnership will also involve high-level precision and high-temperature resistant alloy casting lightweight technology in the aerospace sector [1] - Additionally, the agreement includes the development and application of industrial intelligent robot cables and wires [1]

每经AI快讯，中超控股（SZ 002471，收盘价：4.69元）9月12日晚间发布公告称，江苏中超控股股份有 限公司近日与合肥市智能机器人研究院签订了《战略合作协议》，双方就智能机器人技术合作与产业化 应用，航空航天领域高水平精密耐高温合金铸造轻量化技术，产业化智能机器人用电线电缆的技术开发 与应用达成战略合作协议。 2025年1至6月份，中超控股的营业收入构成为：电缆行业占比98.77%，其他占比0.91%，电缆配件行业 占比0.32%。 每经头条（nbdtoutiao）——一次自救，"奥特曼"竟埋下百亿元损失的"时间炸弹"，现在被引爆！有人 却在疯狂赚钱⋯⋯ （记者 曾健辉） 截至发稿，中超控股市值为64亿元。 ...

Core Viewpoint - The company has signed a strategic cooperation agreement with Hefei Intelligent Robot Research Institute to collaborate on smart robot technology and its industrial application, as well as high-level precision and high-temperature resistant alloy casting technology in the aerospace field [1] Group 1 - The strategic cooperation focuses on the development and application of smart robot technology [1] - The agreement includes collaboration on lightweight technology for high-temperature resistant alloys in the aerospace sector [1] - The partnership also covers the technical development and application of electric wires and cables for industrial smart robots [1]

Core Viewpoint - The company has signed a strategic cooperation agreement with Hefei Intelligent Robot Research Institute to enhance its R&D capabilities and core competitiveness through collaboration in various technological fields [1] Group 1 - The cooperation will focus on smart robot technology collaboration and industrial application [1] - The partnership will also involve high-level precision and high-temperature resistant alloy casting lightweight technology in the aerospace sector [1] - The agreement includes the development and application of industrial smart robot cables and wires [1] Group 2 - The duration of the cooperation is three years, from September 11, 2025, to September 10, 2028 [1] - The collaboration aims to improve the company's independent innovation capabilities [1] - The strategic partnership is expected to enhance the company's overall competitiveness in the market [1]

Industry News - The Beijing Municipal Housing and Urban-Rural Development Commission and the Beijing Housing Provident Fund Management Center jointly issued a notice to further optimize and adjust real estate policies, allowing eligible families to purchase an unlimited number of commercial housing units outside the Fifth Ring Road starting from August 9, 2025 [4] - The China Securities Regulatory Commission (CSRC) will continue to strictly control the entry of IPOs and will not allow large-scale expansion, focusing on nurturing long-term capital and improving the policy system to support long-term investments [6] - At the 2025 World Robot Conference, Wang Xingxing, founder of Yushu Technology, stated that the main focus of intelligent robot technology in the next 2-5 years will be on large models, low-cost hardware, and computing power, with the humanoid robot shipment volume expected to double annually [6] - The Beijing Economic and Technological Development Zone announced a plan to support the development of embodied intelligent robots with ten key measures [6] - The National Immigration Administration reported that the number of foreign entries and exits exceeded 38 million in the first half of the year, a year-on-year increase of 30.2%, with visa-free entries increasing by 53.9% [6] Company News - Haosai announced that the company and its former chairman Dai Baolin have been prosecuted for suspected unit bribery [9] - Shiyun Circuit announced that its shareholder New豪 International plans to reduce its holdings by no more than 3% of the company's shares [9] - *ST Gaohong received a notice from the China Securities Regulatory Commission regarding potential major illegal forced delisting [11] - Industrial Fulian reported a net profit of 12.1 billion yuan in the first half of the year, a year-on-year increase of 39% [11] - Liou Co. announced plans to use no more than 3 billion yuan of its own funds for securities investments [11] - Wan Tong Development plans to invest 854 million yuan to acquire a 62.98% stake in Shudu Technology, injecting quality chip design business assets [11]

王兴兴预计，如果快的话，可能未来一两年或2—3年有可能实现，最慢的话，估计3—5年很大概率能实 现。 王兴兴认为，未来2—5年智能机器人技术的重心是在端到端智能机器人大模型，以及更低成本、更高寿 命的硬件及超大批量的制造，分布式的低成本、大规模算力。 （文章来源：中国基金报） 在王兴兴看来，智能体机器人当前虽然不是非常完美成熟，但当下已经够用了，未来主要是持续完善硬 件细节、降低成本、增加寿命和可靠性等；智能体机器人当下和未来最关键的挑战，不是在数据方面， 而是在机器人大模型（具身智能），该领域目前的发展进度，可能类似于ChatGPT发布前1—3年左右的 水平。 "目前全球范围内对数据问题的关注度有点太高了，现在最大的问题反而是模型的问题。"王兴兴 称，"目前业界已经发现了类似的方向和技术路线，但是还没人把它做出来。" 在8月9日上午举行的2025世界机器人大会主论坛上，宇树科技创始人、首席执行官兼首席技术官王兴兴 发表了题为"机器人产业规模化的机遇与挑战"的主题演讲。 据王兴兴介绍，今年上半年机器人行业最大的特点是，包括零部件厂商、整机厂商在内，行业平均增长 幅度在50%—100%，"增长非常吓人，非常少见 ...

Core Insights - The investment return on entertainment applications of quadruped robots is being questioned as the market seeks practical commercial value from these expensive intelligent devices [1] - Kandi Technology and Yundongchu Technology have launched a quadruped robot that can serve as a security guard in industrial parks and as a smart caddy on golf courses, marking a significant shift from toy-like applications to practical job functions [1][2] - Kandi Technology is transitioning from a traditional manufacturing company to a technology holding company, expanding into smart robotics and energy exchange equipment [1][5] Company Strategy - Kandi Technology's entry into the smart robotics sector aligns with industry trends towards software and hardware integration, leveraging its existing manufacturing capabilities and sales networks [4][6] - The company has established partnerships with Yundongchu Technology to develop smart golf equipment and security inspection quadruped robots for the North American market, focusing on localizing products and expanding commercialization [1][8] Market Potential - The global quadruped robot market is projected to grow from approximately $2.61 billion in 2025 to $11.96 billion by 2034, indicating significant growth potential in the sector [13] - Kandi Technology is currently focused on customer engagement and feedback to optimize its products, emphasizing the importance of real-world testing [13] Technical Challenges - Kandi faces systemic challenges in data collection, algorithm adaptability, hardware costs, and the lack of industry standards, which are critical for the successful development and deployment of its robotic solutions [9][10] - The price of terminal robots ranges from 300,000 to 500,000 yuan, making them expensive due to the lack of scale in production [9] Future Outlook - Kandi Technology's primary market is currently in North America, where it has established a stable framework for operations, while the domestic market is not a short-term focus [11][12] - The company believes that as technology advances, the challenges in the robotics industry will gradually be resolved, leading to a more mature market [15]

（文/刘媛媛 编辑/周远方） 不久前，康迪科技宣布与云深处科技达成两项合作，双方将深度协同，整合制造、技术与渠道优势，共 同开发面向北美市场的智能高尔夫装备及安防巡检四足机器狗，推进产品本地化落地与商业化扩张，加 速智能机器人技术的多元化应用与全球化布局。 为更深入了解康迪科技在四足机器人领域的技术突破与商业化布局，观察者网独家对话了康迪机器人技 术总监崔广章。在对话过程中，这位拥有多年人工智能研发经验的专家，向我们揭示了更多技术细节与 战略思考。 以下为对话实录： 观察者网：康迪科技此前是一家新能源汽车制造商，后来拓展了"智能机器人"业务，这种业务转型背 后，是基于怎样的行业洞察和公司战略考量？ 崔广章：康迪科技跨界进入智能机器人领域是跟行业发展趋势密切相关的。现在，大模型能力越来越 强，软件企业和硬件企业都在往软硬协同的方向发展。过去，互联网企业通常通过智能体集成硬件，而 传统硬件厂商也开始集成软件，尤其是AI能力。 在四足机器人赛道，娱乐化应用的投资回报率正遭受质疑。当基础行走和简单互动功能已趋成熟，市场 更期待看到的是：这些造价不菲的智能体，究竟能在哪些商用场景创造实际价值？ 在2025世界人工智能大 ...