此次是武当C1296舱驾一体量产级方案的海外"首秀"，该方案由东风汽车和均联智及共同打造，使用C1296单芯片实现数字仪表、智能座舱、智能辅助驾驶等功 能。斑马智行基于C1296的舱驾一体端侧AI解决方案、C1296 Kanzi渲染效果演示台架也同台亮相。武当系列芯片是驱动汽车电子电气架构向"跨域融合"演进的核心力 量，东风汽车、大陆集团、斑马智行、均联智行等都基于武当芯片推出了高集成度的跨域量产方案，共同引领行业趋势。 SesameX多维具身智能计算平台海外"首秀" 1月6日，全球科技界的年度盛会CES 2026在拉斯维加斯拉开帷幕，黑芝麻智能第五次登上这一世界级舞台，集中展示在辅助驾驶、具身智能与消费电子三大领域 的最新成果，全方面展示以AI芯动力赋能智能产业的实力。 此次参展，是黑芝麻智能又一次将技术成果进行全球化展示，更是宣告了从"驱动辅助驾驶"迈向"推动智能全维进化"的战略决心。 2026CES黑芝麻智能展台 A2000全场景通识辅助驾驶的深度功能演示台架首次亮相 专注于为智能汽车产业提供高性能、高可靠性的全栈式解决方案，是黑芝麻智能的起点。如今在该领域，黑芝麻智能已形成完整的产品矩阵，华山系列芯片 ...

Group 1: TI's Automotive Innovations - TI launched three powerful automotive products at CES: the TDA5 series SoC, AWR2188 radar transmitter, and DP83TD555J-Q1 Ethernet PHY [1][4][7] - The TDA5 SoC features a maximum performance of 1200 TOPS and an energy efficiency of over 24 TOPS/W, with a 12-fold increase in AI computing power compared to previous generations [1] - AWR2188 is the industry's first single-chip 8x8 radar solution, enhancing performance by 30% and achieving high-precision detection for targets over 350m [4] - The DP83TD555J-Q1 Ethernet PHY supports nanosecond-level time synchronization and can transmit power and data over the same line, reducing cable design complexity and costs [7] Group 2: ADI's Diverse Solutions - ADI showcased various solutions in automotive, consumer, and robotics sectors, highlighting the A²B 2.0 solution with four times the bandwidth of its predecessor [10] - The automotive solutions include advanced lighting control and ADAS systems utilizing machine vision inputs [10][11] Group 3: NXP's High-Integration Processor - NXP introduced the S32N7 processor series, which integrates multiple vehicle functions on a single chip, potentially reducing total cost of ownership (TCO) by up to 20% [12][15] Group 4: Microchip's Demonstrations - Microchip presented demos including the ASA Motion Link for Qualcomm's Ride platform and a software-free intelligent headlight system using 10BASE-T1S technology [17][18] Group 5: Silicon Labs' New SDK - Silicon Labs launched a new Simplicity SDK for Zephyr, enhancing support for embedded systems and showcasing advancements in Bluetooth wireless technology [19] Group 6: Infineon's Development Kit - Infineon and Flex unveiled a modular development kit for regional control units, aimed at accelerating the development of software-defined vehicle architectures [20] Group 7: ST's Automotive Gateway - ST displayed the Osdyne Automotive Gateway, which enhances vehicle communication and security while reducing wiring complexity [22] Group 8: Ambarella's AI Vision Chip - Ambarella released the CV7 AI vision SoC, built on a 4nm process, achieving over 20% power reduction and more than 2.5 times the AI performance of its predecessor [25] Group 9: NVIDIA's Revolutionary Products - NVIDIA introduced the Rubin platform with six new chips and launched the Alpamayo series for AI-assisted driving development [26][28] Group 10: AMD's AI Innovations - AMD announced several new products, including the MI455X GPU and Ryzen AI 400 series processors, emphasizing its comprehensive AI capabilities [29][30] Group 11: Arm's Technology Trends - Arm focused on five key technology trends at CES, including advancements in autonomous driving, robotics, and smart home devices [31][32] Group 12: Industry Trends - The CES highlighted three major trends: the penetration of AI across all technology layers, the shift towards centralized and software-defined automotive electronics, and the importance of ecosystem collaboration over isolated technology competition [33]

本报（chinatimes.net.cn）记者胡梦然 见习记者 黄海婷 深圳摄影报道 在"十五五"规划开局之年，低空经济首次被写入国家战略，成为培育新质生产力的关键赛道。《华夏时 报》记者近日在深圳宝安区调查发现，这个昔日的制造大区，正凭借其"海陆空港城"全场景资源 与"1+3+N"低空场景布局的先发优势，悄然开启一场从产业集聚到价值生态的深刻变革。 近日一场名为"宝景创享"的低空经济场景对接大会，在宝安低空经济产业公共服务中心举行。记者在现 场观察到，这并非一次普通的行业聚会，而是在宝安区发改局、国资局、企业服务中心等职能部门统筹 下，由宝安交通集团与低空经济产业协会联动150家企业共同打造的"空中交易所"。大会最终促成了签 约及意向投资金额达6.7亿元，成为观察深圳乃至全国低空经济产业化、场景化与生态化进程的一个重 要窗口。 随后，记者连续多天走访了宝安区无人机系统应用测试基地、丰翼宝安低空智慧物流运营中心、燕罗低 空经济产业园等场地，发现宝安的低空经济升维之路，已超越单纯追求产业规模的初级阶段，转而通 过"政府搭台、国企开放、协会链接、企业唱戏"的创新协同机制，聚焦eVTOL、无人机、低空运行系统 等关 ...

随着新能源汽车渗透率逐步加大，新能源汽车爆燃事故频频出现，且一旦着火，火灾强度远强于传统 燃油车。数据显示，国内电动汽车火灾大多与动力电池相关。长期以来，公众对动力电池安全的讨论 始终不绝于耳，新的电池强制性国标也即将于明年实施。 在此关键节点，鸿蒙智行进行了一场" Techday 电池安全技术交流会"，聚焦华为巨鲸电池平台的安 全技术体系，从电池包的设计等本征安全，到电池管理系统 BMS 云端管家，再到高成本隔热材料等 运用，对电池进行全维度升级防护，也促使华为巨鲸电池平台在研发设计阶段能够早 5 年满足新国 标要求。 超前实现动力电池严苛高标准的背后，是华为将手机领域的技术、经验迁移至动力电池，提升安全防 护。华为智选车业务部总裁汪严旻表示："智能的华为巨鲸电池平台实力也是脱胎于华为的消费电子 产品领域的大量实践经验，华为巨鲸电池平台是华为从消费电子领域到动力电池领域的延伸。" 在汽车行业跨域融合的浪潮中，华为作为 ICT 企业通过自己擅长的技术硬实力突破动力电池遇到的 瓶颈问题，将"安全是最大的豪华"嵌入鸿蒙智行的品牌理念，推动行业重视并提升动力电池技术安 全，用技术创新带领业内回归理性思考，持续引领行 ...

Core Insights - The skin health industry in China is transitioning from a phase of external variable exploitation to a focus on internal structural refinement, emphasizing the need for continuous solutions from medical treatment to home care [2] - The theme of the SIA2025 conference is "Beauty Across Borders, Professionalism Without Boundaries," highlighting the industry's consensus on cross-disciplinary collaboration [3][5] Group 1: SIA Alliance and Its Initiatives - The SIA Alliance aims to address the challenges of effective collaboration across systems and languages by establishing itself as an "industrial operating system" [5] - The SIA Think Tank has gathered 193 experts from various fields, providing a foundation for quality content and professional insights within the industry [5][6] - The SIA100 scientific evaluation system serves as a bridge between laboratories and the market, establishing unified standards for product evaluation [6] Group 2: Key Reports and Findings - The "2025 China Medical Skincare Clinical Insight Report" was released, translating complex clinical language into actionable guidelines for the industry, focusing on common skin issues [9][11] - The results of the "SIA100 Scientific Products and Technology Achievements Collection" were announced, showcasing significant improvements in the quality and scale of entries compared to 2024 [11][12] Group 3: Research and Innovation - The conference highlighted a shift from "ingredient claims" to "mechanism claims" in efficacy skincare, with research showcasing the neurobiological mechanisms of skin conditions [12][18] - The "Regenerative Medicine Frontier" report illustrated the path from basic research to industrial application, emphasizing advancements in stem cell and exosome research [18] Group 4: Industry Collaboration and Future Directions - The "Medical Research Co-Creation Forum" aims to bridge clinical needs with industry innovations, showcasing the importance of collaborative efforts in addressing unmet clinical demands [19] - The SIA2025 conference reflects a clear industry shift towards cross-disciplinary integration, with success depending on the depth and systematic nature of professional collaboration [20]

Group 1: Company Insights - Longhua Fund recently conducted research on four listed companies, highlighting their strengths and market positions [1] - Luxshare Precision has developed core capabilities in the humanoid robot sector, with a comprehensive product matrix in the automotive business, achieving good global growth [1] - Chuaneng Power focuses on green energy, with a total installed capacity of approximately 1.45 million kilowatts in renewable energy, including wind and solar power [2] - Desay SV Automotive is recognized globally for its capabilities in the intelligent sector, aiming to enhance competitiveness through innovation and collaboration [3] - Century Huatong's gaming products launched in 2023 continue to perform well, with significant contributions from data-driven hit products [4] Group 2: Financial Performance - Longhua Fund's total asset management scale is 356.08 billion yuan, ranking 29th among 211 funds, with a non-monetary public fund scale of 132.17 billion yuan [5] - The best-performing fund in the past year is the Longhua Medical Industry Selected Mixed Fund A, with a net value increase of 88.75% [5] - The latest public fund product launched is the Longhua Fengze Bond A, with a subscription period from September 30, 2025, to November 28, 2025 [5]

Core Insights - Xiaopeng Motors reported Q3 2025 total revenue of 20.38 billion yuan, a year-on-year increase of 101.8% and a quarter-on-quarter increase of 11.5% [1] - The net loss for the quarter was 380 million yuan, down from 1.81 billion yuan in the same period last year and 480 million yuan in the previous quarter [1] - Adjusted net loss, excluding U.S. GAAP, was 150 million yuan, compared to 1.53 billion yuan a year ago and 390 million yuan in the last quarter [1] Financial Performance - Total revenue reached 20.38 billion yuan, marking a significant year-on-year growth of 101.8% and a quarter-on-quarter growth of 11.5% [1] - The net loss for the third quarter was 380 million yuan, a notable improvement from the previous year's loss of 1.81 billion yuan and a reduction from the last quarter's loss of 480 million yuan [1] - Adjusted net loss was reported at 150 million yuan, significantly lower than the 1.53 billion yuan loss in the same quarter last year and the 390 million yuan loss in the previous quarter [1] Strategic Developments - The company is focusing on "physical AI" research and development, aiming to redefine automotive technology through a combination of AI and physical integration [3][4] - Xiaopeng Motors is collaborating with Volkswagen, with revenue from this partnership expected to start reflecting in Q4 2025 [5][6] - The company anticipates that technology collaboration revenue will remain consistent with Q3 levels in Q4 and expects similar revenue for the entirety of 2026 [6] Robotics and Future Plans - Xiaopeng Motors aims to achieve a sales target of 1 million robots by 2030, with a focus on humanoid robots that integrate seamlessly into daily life [7][10] - The company is currently in the process of preparing for mass production of its IRON robot, with significant challenges still to be addressed [9][10] - Future applications for robots are expected to expand beyond current commercial uses, potentially entering household environments within five years [10] Vehicle Development - The company plans to launch four new models in 2026, including both pure electric and extended-range versions, targeting various market segments [14][16] - Xiaopeng Motors is also expanding its international market presence, with plans to introduce new models in overseas markets [14][19] - The company has initiated local production in Indonesia and Austria to support its international growth strategy [19]

Core Insights - Xiaopeng Motors reported Q3 2025 total revenue of 20.38 billion yuan, a year-on-year increase of 101.8% and a quarter-on-quarter increase of 11.5% [1] - The net loss for the quarter was 380 million yuan, down from a net loss of 1.81 billion yuan in the same period last year and 480 million yuan in the previous quarter [1] - Adjusted net loss, not in accordance with US GAAP, was 150 million yuan, compared to 1.53 billion yuan in the same period last year and 390 million yuan in the previous quarter [1] Financial Performance - Total revenue for Q3 2025 reached 20.38 billion yuan, marking a significant growth of 101.8% year-on-year and 11.5% quarter-on-quarter [1] - The company reported a net loss of 380 million yuan, a notable improvement from the previous year's loss of 1.81 billion yuan and a reduction from the last quarter's loss of 480 million yuan [1] - Adjusted net loss was 150 million yuan, significantly lower than the 1.53 billion yuan loss in the same quarter last year and the 390 million yuan loss in the previous quarter [1] Strategic Developments - Xiaopeng Motors is focusing on "physical AI" research and development, aiming to redefine technological advancements in the automotive industry [2][3] - The company plans to enhance its competitive advantage in "physical AI" through a combination of full-stack self-research and cross-domain integration [3] - The partnership with Volkswagen for the Turing chip is expected to generate revenue starting in Q4 2025, with significant growth anticipated as joint vehicle development progresses [4][5][6] Robotics and Future Outlook - Xiaopeng Motors aims to achieve a sales target of 1 million robots by 2030, with a focus on humanoid robots that integrate seamlessly into daily life [7][8] - The company is working on overcoming challenges related to the mass production of its IRON robot, with expectations for a new generation of robots to enter production soon [9][10] - The anticipated commercialization of robots is expected to expand into various applications, including industrial and household settings within five years [10][11] Product Launches and Market Expansion - Xiaopeng Motors plans to launch four new models in 2026, including both pure electric and extended-range versions, targeting different market segments [13][14] - The company is expanding its international presence with local production facilities in Indonesia and Austria, aiming to increase production capacity and support overseas growth [16][17] - The introduction of super extended-range models is expected to significantly drive sales growth in the upcoming year [15]

Core Viewpoint - Black Sesame Intelligence (000716) and its partners are exploring an innovative "technology + insurance" model to enhance the safety and operational efficiency of new energy commercial vehicles through advanced driver assistance technology [1] Group 1: Company Developments - Black Sesame Intelligence's stock rose nearly 9% in early trading, currently up 6.64% at HKD 20.88, with a trading volume of HKD 251 million [1] - The company has entered a strategic partnership with Chery Commercial Vehicles and China Pacific Insurance (601601) to integrate technology into the insurance underwriting process [1] - Black Sesame will provide a PA2.0 active safety system for Chery's entire range of new energy vehicles, covering both pre-installation and post-installation scenarios [1] Group 2: Industry Insights - The Chief Marketing Officer of Black Sesame, Yang Yuxin, anticipates a market explosion in cross-domain integration, predicting that L3 autonomous driving technology will reach maturity within the next three to five years [1] - The industry chain is expected to become more organized, with manufacturers that have mature mass production experience, sustainable technology iteration, and customer recognition standing out [1] - Black Sesame is set to launch a robotics product line, aiming to transfer its automotive industry technology and successful experiences to new markets [1]

Core Viewpoint - Black Sesame Intelligence (02533) has seen a significant stock price increase following a strategic partnership with Chery Commercial Vehicles and China Pacific Insurance, focusing on integrating advanced driving assistance technology with insurance mechanisms to enhance safety and operational efficiency in new energy commercial vehicles [1] Group 1: Strategic Partnership - Black Sesame Intelligence, Chery Commercial Vehicles, and China Pacific Insurance have formed a strategic collaboration to explore an innovative "technology + insurance" model [1] - The partnership aims to create a linkage mechanism between risk reduction and premium discounts, enhancing safety upgrades and operational efficiency for new energy commercial vehicles [1] Group 2: Technological Advancements - Black Sesame Intelligence will leverage its core technological advantages to provide Chery's entire range of new energy vehicles with the PA2.0 commercial vehicle active safety system, covering both pre-installation and post-installation scenarios [1] - The Chief Marketing Officer of Black Sesame Intelligence, Yang Yuxin, anticipates a market explosion in cross-domain integration, predicting that L3 autonomous driving technology will reach maturity within the next three to five years [1] Group 3: Market Outlook - The industry is expected to see a more organized division of labor along the entire supply chain, with manufacturers that have mature mass production experience, sustainable technology iteration, and customer recognition standing out [1] - Black Sesame Intelligence is set to launch a robotics product line, aiming to transfer its accumulated technology, successful experiences, and ecosystem from the automotive sector to new markets [1]