Core Viewpoint - Longqi Technology (龙旗科技) is actively investing in the embodied intelligence industry by participating in a venture capital fund, aiming to enhance its competitive strength and secure quality investment targets [2]. Group 1: Investment Activities - Longqi Technology's wholly-owned subsidiary, Longqi Intelligent, plans to invest 30 million yuan in the Shanghai Lingzhi New Venture Capital Partnership, accounting for 23.08% of the total committed capital [2]. - The partnership will focus on direct or indirect equity investments in innovative companies related to the embodied intelligence industry, including key materials, components, software systems, and robotics applications [2]. Group 2: Business Development - As a leading ODM in smart products, Longqi Technology provides comprehensive services to major global consumer electronics brands, including Xiaomi, Samsung, and Lenovo, with a product portfolio that includes smartphones, tablets, smartwatches, and automotive electronics [3]. - The company is expanding into emerging categories such as automotive electronics and intelligent robotics, with a strategic partnership with Zhiyuan Robotics to deploy nearly 1,000 robots in industrial applications, marking one of the largest orders in the domestic market [3]. Group 3: AI Hardware Breakthroughs - Longqi Technology has achieved significant advancements in AI glasses and AI PCs, with the first smart glasses project entering mass production and two new AI PC products launched [4]. - The revenue from AIoT products reached 2.282 billion yuan in Q3 2025, representing a year-on-year growth of over 47%, and accounting for 20% of the company's total revenue [4].

Core Viewpoint - Longqi Technology (龙旗科技) is actively investing in the embodied intelligence sector through its subsidiary Longqi Intelligent, aiming to enhance its competitive strength and secure quality investment targets in the industry [1] Group 1: Investment Activities - Longqi Intelligent plans to invest 30 million yuan in the Shanghai Lingzhi New Venture Capital Partnership, representing 23.08% of the total subscription amount [1] - The partnership focuses on direct or indirect equity investments in innovative companies related to the embodied intelligence industry, including key upstream materials and components, critical software systems, and downstream application solutions [1] Group 2: Business Expansion and Partnerships - Longqi Technology is a leading ODM for smart products, serving major global consumer electronics brands and has diversified its product offerings to include smartphones, tablets, AI PCs, automotive electronics, and more [2] - The company has entered a strategic partnership with Zhiyuan Robotics, placing a significant order for the Zhiyuan Spirit G2 robots, marking one of the largest orders in the domestic industrial embodied intelligence robot sector [2] Group 3: AI Hardware Developments - Longqi Technology has made breakthroughs in AI glasses and AI PCs, with the first smart glasses project entering mass production and two new self-developed AI PC products launched [3] - In Q3 2025, revenue from AIoT products reached 2.282 billion yuan, a year-on-year increase of over 47%, accounting for 20% of the company's total revenue [3]

11月20日，智能汽车计算芯片企业黑芝麻（000716）智能，举行"多维进化智赋新生"为主题的机器人平 台产品发布会，正式推出面向全脑智能的SesameX 机器人多维计算平台，完成从"赋能智能汽车"向"赋 能大智能终端"的战略延伸，切入机器人这一"爆发前夜"的黄金赛道。 全球机器人产业已告别"单点场景试点"阶段，进入"多样化需求驱动、全场景渗透"的高速增长期。其 中，服务机器人与特种机器人两大细分领域，已成为拉动行业增长的核心引擎。 有数据显示，在安防巡检、应急救援、工业维护等场景需求驱动下，2024-2028年全球特种机器人市场 年复合增长率预计达18.5%，2028年市场规模将突破220亿美元。 从需求结构分析，商圈送餐、酒店迎宾、商超导览等商业服务场景，对机器人的需求占比已达服务机器 人总需求的45%，电力巡检、矿山救援等特种作业场景需求占比持续提升，形成"双轮驱动"的增长格 局。 中国凭借系统的政策支持、庞大的市场与完善的产业链，已成为全球机器人产业的核心增长极。在政策 层面，国家将机器人纳入战略性新兴产业，北京、上海、重庆、杭州等多地密集出台产业规划与资金支 持政策，形成了"国家战略+地方配套"的多 ...

Core Insights - The company, Geek+, has achieved significant growth in orders, surpassing 1 billion yuan in total orders with a growth rate exceeding 30% [1][2] - The company has established a strong commercial model, with a revenue of 1.025 billion yuan in the first half of 2025 and a positive adjusted EBITDA of 11.621 million yuan, marking it as the first in the Hong Kong robotics sector to achieve this milestone [2] Group 1: Order Growth and Financial Health - The surge in orders is attributed to long-term technological accumulation and market reputation, with a customer repurchase rate exceeding 80% in the first half of 2025 [2] - The company has successfully connected order growth with financial health, establishing a scalable profit path [2] Group 2: Global Expansion and Market Penetration - Geek+ is expanding its global influence, with significant projects in Europe, Japan, South Korea, and New Zealand, enhancing its market presence [3][5] - As of June 30, 2025, the company operates in over 40 countries, deploying more than 66,000 robots and serving over 850 global clients, with overseas revenue accounting for 79.5% of total revenue [5] Group 3: Technological Advancements - The company has built a strong technological moat in the "AI + Robotics" sector, launching groundbreaking products such as the first fully automated picking robot solution [6][7] - Ongoing research in robotic packing technology aligns with industry trends, positioning the company for long-term growth [9] Group 4: Industry Outlook and Institutional Support - The company has received positive recognition from various institutions, with ratings indicating strong growth potential and a favorable market outlook [10] - The logistics automation sector is expected to experience accelerated growth, driven by major industry players and supportive policies [11]

Core Insights - Stardust Intelligence (Shenzhen) Co., Ltd. has completed an A++ round of financing, raising several hundred million RMB, with participation from notable investors including Guoke Investment, Ant Group, Bloom Advance Capital, Times Bo Le, Nanshan Zhanxin Investment, and Jinqiu Fund [1][3] Company Overview - Founded in December 2022 in Shenzhen, Stardust Intelligence aims to provide AI robotic assistants to billions of people, promoting a vision of human-machine coexistence, co-creation, and mutual benefit [3] - The company focuses on developing a "next-generation strongest AI robotic assistant" capable of learning, thinking, and performing tasks like a human, facilitating smooth intelligent interactions and utilizing human tools and devices [3] - Stardust Intelligence has established partnerships with leading enterprises and institutions across various sectors, including scientific research, logistics warehousing, intelligent manufacturing, laboratory automation, retail consumption, elderly care, and personalized education [3] Technology and Innovation - The company employs a soft-hard coupling design and an "effort-centered" innovative planning algorithm to ensure high flexibility, smoothness, and interactive safety in robotic movements [3] - Key components are self-developed, providing significant cost advantages and laying a foundation for practical applications [3]

近日，"AI+机器人"代表企业极智嘉(2590.HK)业务持续强劲增长，接连斩获大额订单，继中标3亿元项 目后，再获多个亿元级订单，覆盖中国跨境快时尚电商公司、欧洲知名时尚快消公司、全球知名食品和 饮料公司、英国领先零售公司，充分反映出全球客户对其机器人解决方案的认可，累计订单金额已突破 10亿元，展现出其卓越的全球市场渗透力与商业化能力。 政策层面，"十五五"规划建议明确提出推动数智化技术与物流场景深度融合，并强调智慧物流基础设施 与装备升级的必然趋势。产业与政策双轮驱动，"人工智能＋仓储"正成为重塑物流体系的确定性方向， 这一趋势与极智嘉的战略路径高度契合。 随着行业迈入新一轮智能化加速周期，极智嘉作为行业领军企业，凭借其深厚的AI机器人技术壁垒、 丰富的场景落地经验与持续的订单增长，有望充分受益于这一发展机遇，进一步巩固其在AI+机器人商 业化浪潮中的核心地位，未来有望打开新一轮的成长天花板，迎来价值的加速重估。 申万宏源最新报告亦充分认可极智嘉在 AI+机器人技术、全球化网络布局及深度仓储场景 know-how 等 方面的领先优势，认为智能仓储视为物理 AI 商业化的核心突破口，并将极智嘉认定为物理 ...

Core Insights - Astribot, a company specializing in AI robotics, has completed a multi-hundred million yuan A++ round of financing, led by Guoke Investment and Ant Group, with participation from various financial institutions and industry capital [2] - The funding will focus on building a talent pipeline, preparing for large-scale manufacturing of the rope-driven robots, and enhancing industrial capabilities for multi-scenario solutions [2] - Founded in 2022, Astribot aims to provide AI robotic assistants to billions of people, promoting a vision of human-robot coexistence and collaboration [2] Company Overview - Astribot is recognized as the pioneer in rope-driven AI robotics and is the first company globally to achieve mass production of such robots [3] - The company's products utilize a unique rope-driven transmission design that mimics human tendon movement, offering advantages in flexibility, dynamic response, and interactive safety, making them suitable for complex operations and human-robot collaboration [3] - Astribot has developed a comprehensive embodied intelligence platform, showcasing upgraded products at the IROS conference, including the commercial robot Astribot S1-U and a long-distance remote operation system [3] Market Position - Astribot has successfully overcome mass production challenges, achieving stable delivery over several months, positioning itself ahead of competitors like 1X, which is backed by OpenAI [3]

Core Insights - Jinma Amusement (300756) and Stardust Intelligence have announced a strategic partnership to develop a new generation of cultural tourism and entertainment robots, including the launch of a retail service store called "Robot MART" powered by AI-driven rope robots [1] Company Overview - Jinma Amusement specializes in amusement facility manufacturing and cultural tourism service operations, with products deployed in numerous well-known theme parks, scenic spots, and urban commercial complexes both domestically and internationally [1] - The company has decades of experience in mechanical engineering, electrical control, virtual reality, scene creation, and safety standards, providing a strong foundation for entering the AI and robotics sector [1] Product Development - Stardust Intelligence focuses on developing a full-stack embodied intelligence platform, with its core product, the Astribot S1 robot, featuring a unique rope-driven design that mimics human tendon movement for precise control and interaction [1] Market Trends - The future of the cultural tourism industry lies in "experience upgrades," as emphasized by Jinma Amusement's leadership, highlighting that the "robot retail service store" will not only serve as a sales terminal but also offer a wide range of products, enhancing customer interaction and creating immersive experiences [1] - The integration of these robots into themed environments aims to attract visitors and increase foot traffic and conversion rates, representing the value of innovative technology empowering the cultural tourism sector [1]

Core Insights - The 27th China International High-Tech Achievements Fair (CIHTAF) showcased a significant increase in the robotics sector, with a nearly 30% growth in participating companies compared to the previous year, indicating a shift from novelty to product-focused inquiries from attendees [1] - The integration of AI and advanced motion control has transformed robots from merely operational to highly capable, enhancing their functionality in various industrial applications [2] - The event marked a transition from technology demonstration to commercial transactions, with over 3,000 investment institutions and more than 30,000 buyers participating, suggesting a robust market potential for robotics [4] Industry Developments - The robotics industry is experiencing a shift towards more sophisticated AI capabilities, allowing robots to perform complex tasks autonomously, as demonstrated by the collaborative efforts of humanoid robots in industrial settings [2] - Hardware advancements, such as the Cyborg-H02 dexterous hand, have significantly improved load capacities, addressing industry challenges related to balancing strength and precision [3] - The introduction of tactile sensors in robotic arms has enhanced their ability to perform delicate tasks, showcasing the industry's focus on improving dexterity and adaptability [3] Market Trends - The establishment of an international procurement zone at CIHTAF highlights the growing interest in commercial partnerships, with companies like Stardust Intelligence and Baidu signing strategic agreements [4] - Robotics applications are expanding beyond industrial and logistics sectors into areas like public safety and elder care, indicating a broader acceptance and integration of robotics in everyday life [5] - The increasing professionalism of inquiries at the fair reflects a maturation of the robotics market, with potential buyers seeking detailed specifications and operational capabilities [1]

央视网消息：记者日前从中国机械工业联合会获悉，"十四五"时期，我国机器人产业发展成效显著，实现"从小到大"的跨越。与"十四五"初期 相比，如今中国的机器人产业已经形成了完整的产业链体系。 这家位于安徽芜湖的工业机器人生产企业，今年以来在传统机器人产品产量稳定增长的同时，高端机器人的产量也在快速提升。 不仅是核心组件，如今，我国的机器人产业正在产业链的各个环节全面发力。在标准上，北京的这家研究所负责人告诉记者，他们作为全国机 器人标准化技术委员会秘书处，自2021年"十四五"初期成立以来已经发布了131项国家标准，同时在研的国家标准40余项。 中国机械工业联合会会长徐念沙称："总体来看，我国机器人产业已形成覆盖上游关键零部件、中游整机制造、下游集成应用的完整产业链体 系。" 机器人行业强化创新驱动 避免行业内卷 记者在采访中进一步了解到，在我国机器人产业蓬勃发展的同时，多位业内人士也呼吁，行业高质量发展应强化创新驱动，抵制低价竞争。 中国机械工业联合会相关负责人表示，我国的机器人企业不应过于集中在一两个行业赛道，也就是说有些细分行业还是有不少的商机，这样能 更好地避免行业产生内卷。 谐波减速器是机器人的核心组件 ...