10月10日晚间，伴随着山东金岭矿业（000655）股份有限公司(以下简称"金岭矿业")、广东道氏技术 （300409）股份有限公司(以下简称"道氏技术")2025年第三季度报告发布，A股今年首批三季报正式出 炉。 根据公告，金岭矿业今年前三季度实现营业收入12.47亿元，同比增长12.98%；实现归属于上市公司股 东的净利润2.2亿元，同比增长47.09%。 道氏技术今年前三季度实现营业收入60.01亿元，同比下降1.79%；实现归属于上市公司股东的净利润 4.15亿元，同比增长182.45%。其中，道氏技术第三季度营业收入为23.47亿元，同比增长18.84%；归属 于上市公司股东的净利润为1.85亿元，同比增长408.27%。 金岭矿业所属行业为黑色金属矿采选业，产品为钢铁行业的原料，该公司有关负责人对《证券日报》记 者表示，报告期内，公司主产品铁精粉销量增加、铁精粉单位生产成本同比下降及副产品铜精粉量价齐 升，助力公司营业利润和利润总额实现了大幅增长。 今年以来，面对行业挑战，金岭矿业新一届董事会和管理层确立了"三个转变"新发展定位。一是从单纯 的铁矿石生产加工商向综合的矿产资源生产加工和服务商转型； ...

目前，他山科技已经与人形机器人、灵巧手和机械臂等在内的90多个机器人产业链上下游合作伙伴以及 全球范围的汽车、家电、消费电子等领域内数十家头部厂商落地合作，整体具有高技术壁垒、技术先 进、客户覆盖广且认可度高等竞争优势。 在AI芯片领域，道氏技术此前已与芯培森达成了战略合作。其原子级科学计算的APU芯片，可在微观 层面为他山科技的尖端研发提供算力支撑，助力研发。他山科技亦有自研的AI触感专用芯片，可与芯 培森在专用芯片的研产方面形成协同。 为深化"AI+材料"平台建设与生态布局，近日，道氏技术（300409）正式完成对北京他山科技有限公司 的增资(增资完成后，公司持有标的公司2.2727%的股权)，为公司"AI+材料"平台再添新力量，旨在拓展 碳材料产品的应用场景，并深化在机器人产业链的纵深布局。 据悉，他山科技在AI触感芯片研产方面的成果积累，也将推动道氏技术在AI芯片领域的布局走向多元 化。道氏"AI+材料"平台伙伴优势互补、高效协同，共同以技术创新向更高质量发展挺进。(文穗) 据了解，他山科技是人工智能触觉传感芯片及应用解决方案研发商，拥有全球领先的AI触感知专用芯 片及触觉感知算法技术，完成了机器人、 ...

Core Viewpoint - The company, Daoshitechnology, emphasizes its competitive advantage in multi-sector layout and customer integration, particularly in its carbon materials and lithium battery materials segments, which cater primarily to battery cell manufacturers [1] Group 1: Customer Integration and Product Demand - The company highlights that existing customers in its carbon materials and lithium battery materials sectors often have potential needs for other products offered by the company, such as single-walled carbon nanotubes and electrolyte materials [1] - The trust and cooperation established with existing clients significantly reduce the time and cost associated with introducing and developing new products for these customers [1] Group 2: AI and Material Development - The company is integrating "AI + materials" by leveraging its stake in Chip Peisen's APU chips to provide computational support for material research and development for downstream clients [1] - This dual value proposition of "material supply + R&D empowerment" is expected to deepen collaboration and binding with clients, enhancing overall business relationships [1]

Group 1: Company Overview and Strategic Direction - The company focuses on new materials, emphasizing innovation in materials, processes, and products, transitioning from a single ceramic material business to a diversified structure of "carbon materials + lithium battery materials + ceramic materials + strategic resources" [2][3] - 2025 marks a significant turning point in the company's development, initiating a new growth phase [2] Group 2: Business Performance and Financials - In the first half of 2025, the company achieved a net profit of 230 million CNY, a substantial increase of 108.16% year-on-year, reflecting the effectiveness of integration and business collaboration [3] - The lithium battery segment has successfully alleviated high inventory pressure and returned to a positive growth trajectory [3] Group 3: Resource Expansion and Production Capacity - The company's copper-cobalt strategic resource segment is becoming a key pillar of its competitiveness, with cathode copper production capacity in the Democratic Republic of Congo reaching 65,000 tons/year, expected to increase to 70,000-75,000 tons/year by the end of 2025 [3] - New projects for producing 30,000 tons of cathode copper and 2,710 tons of cobalt are underway, with plans for completion by the end of 2026 [3] Group 4: Technological Advancements - The company is advancing the industrialization of solid-state battery materials, focusing on a comprehensive range of key materials including single-walled carbon nanotubes and high-nickel ternary precursors [4][5] - The company aims to become a leading provider of solid-state battery materials solutions [5] Group 5: AI and R&D Integration - The core strategy is "AI + Materials," leveraging AI-driven research and development to enhance business operations [5][20] - The company has invested in AI chip development and established a computing power support system through partnerships, enhancing its capabilities in material innovation [5][20] Group 6: Market Applications and Customer Engagement - The company has successfully supplied single-walled carbon nanotubes to multiple battery cell customers, achieving performance parity with imported products [6][7] - The silicon-carbon anode product line is expanding, with plans to complete an annual production capacity of 300 tons by the end of the year and a potential increase to 5,000 tons based on market demand [8][9] Group 7: Future Prospects and Market Potential - The AI4S market is projected to grow significantly, with a potential market size of 59.5 billion USD if the penetration rate reaches 10% in related industries [22] - The company anticipates that the demand for computing power infrastructure will surge as AI technology continues to penetrate various sectors [22]

Group 1 - The core viewpoint of the article is that Daoshi Technology's subsidiary, Hong Kong Jiana, has signed a Pre-B round preferred stock subscription agreement with Brain Family Inc., a leading brain-computer interface technology company, investing $30 million to acquire minority shareholder rights [1] - Brain Family Inc. has over 460 authorized patents and its core products have received multiple international certifications, including FDA and CE, indicating strong R&D capabilities and commercial applications in high-value fields such as medical rehabilitation, educational technology, consumer health, and human-computer interaction [1] - The investment aims to leverage opportunities in the AI era, enhancing the company's "AI + materials" strategy and improving its core competitiveness through collaboration with Brain Family Inc. in the application of carbon materials in areas like electronic skin [1] Group 2 - The preferred shares acquired by Hong Kong Jiana will have superior rights in liquidation, voting, and repurchase compared to common shares, and can be converted to common shares at a 1:1 ratio [1] - The pricing of the subscription was determined based on the industry characteristics, R&D strength, future potential of Brain Family Inc., and valuations from other investors in the Pre-B round [1]

Core Viewpoint - Deep Material, an AI-driven metal new materials R&D company, has completed a multi-million A-round financing to enhance material R&D, upgrade high-throughput automated laboratories, develop AI models, and scale applications in vertical industries [1][2]. Company Overview - Founded in 2021, Deep Material integrates AI throughout the metal new materials R&D process, building its own algorithms, high-throughput laboratories, and material data systems [2]. - The founder, Wang Xuanzhe, has a background in AI and materials science, recognizing the potential of AI in material R&D since 2015 [2]. Technology and Innovation - Deep Material addresses data bottlenecks in metal material R&D by using self-developed high-throughput equipment to generate consistent experimental data efficiently, reducing R&D cycles from years to as little as two months and cutting costs significantly [2][5]. - The company has developed a materials intelligence system that combines high-throughput experiments with AI models for formula and process optimization [2]. Business Model - The company has shifted from contract R&D services to proactively selecting high-demand materials for independent R&D projects, focusing on high-strength aluminum alloys for 3D printing [5]. - The first product exceeds 550 MPa in strength, meeting aerospace standards while being significantly cheaper than similar overseas products [5]. Market Opportunity - The global metal additive manufacturing market is projected to grow from approximately $5.87 billion in 2024 to $6.68 billion in 2025, with a compound annual growth rate of about 13.7% over the next decade [6]. - There is a limited variety of metal materials suitable for stable printing, creating opportunities for Deep Material to meet the customized needs of industries like aerospace and consumer electronics [6]. Future Goals - In the next two years, the company aims to achieve mass production and profitability for one or two materials, with plans to expand into more industries and eventually go public within five to ten years [7].

Core Insights - Strong Brain Technology's bionic hand is one of the few mass-produced prosthetics that allows users to control each finger through neural electrical signals without invasive surgery [1] - The non-invasive brain-computer interface (BCI) technology is gaining attention due to its higher safety and accessibility potential, marking a critical phase of transitioning from laboratory to commercialization [1][3] - Dao's Technology announced a $30 million investment in Strong Brain Technology's Pre-B round preferred shares, aiming to leverage its experience in materials to create an "AI + materials" platform [1] Company Developments - Strong Brain Technology aims to empower individuals with disabilities by providing bionic prosthetics that enable them to perform daily tasks such as grasping objects and walking [1][2] - The company has successfully mass-produced bionic prosthetics that enhance user experience, including a bionic leg that provides a natural walking experience and reduces the risk of falling [1][2] - Strong Brain Technology has become a leading supplier of dexterous hands for humanoid robots, capitalizing on its technological advancements in bionic hands [2] Technological Innovations - The company has made significant advancements in reading and interpreting weak human electrical signals, which are crucial for controlling bionic limbs [2] - Innovations in materials science and AI algorithms have enabled the company to capture and process these signals more effectively, simplifying the user experience [2][3] - The integration of AI in non-invasive BCI technology has accelerated industry growth, allowing for better extraction of relevant information from complex signals [3] Consumer Focus - Strong Brain Technology emphasizes the importance of understanding consumer needs to fulfill its vision of "unlocking more possibilities in life" [3] - The company aims to develop the next generation of bionic limbs that allow for bidirectional interaction, enabling users to sense external conditions [3] - Despite reducing the price of bionic limbs to one-fifth to one-tenth of European brands, the cost remains a burden for many disabled individuals [3][4] Social Responsibility - The company collaborates with local disability associations and charitable organizations to provide free bionic hands and legs to eligible individuals [4] - A project initiated by the Zhejiang Provincial Disabled Persons Welfare Foundation has already benefited 400 individuals, with plans to assist 2,000 more this year [4]

Core Insights - Strong Brain Technology's bionic hand is one of the few mass-produced prosthetics that allows users to control each finger through neural electrical signals without invasive surgery [1][2] - The non-invasive brain-computer interface (BCI) technology is gaining attention due to its higher safety and accessibility potential, marking a critical phase of transitioning from laboratory to commercialization [1][5] Group 1: Product and Technology - The bionic prosthetics produced by Strong Brain Technology enable users to perform daily tasks such as grasping objects, writing, and playing instruments [2] - The company has made significant advancements in signal collection, allowing users to control the bionic hand with minimal delay after a brief signal collection process [2][3] - Strong Brain Technology has become a leading supplier of dexterous hands for humanoid robots, leveraging its experience in bionic hands to address engineering challenges in robotics [3] Group 2: Innovation and Development - The company has achieved breakthroughs in materials science and AI algorithms, enhancing the sensitivity and stability of signal capture without the need for conductive gel on the skin [3][4] - AI algorithms play a crucial role in the development of non-invasive BCI technology, enabling the extraction of relevant information from complex and noisy signals [4] Group 3: Market and Social Impact - Strong Brain Technology aims to make bionic prosthetics more affordable, reducing prices to one-fifth to one-tenth of European brands, yet still recognizes the financial burden on many disabled individuals [5] - The company collaborates with local disability organizations and foundations to provide free bionic hands and legs to eligible individuals, with a goal to assist 2,000 disabled people in Zhejiang this year [5][6]

Core Viewpoint - Daoshi Technology announced an investment of $30 million in Brain Family Inc. to acquire minority shareholder rights, aiming to enhance its capabilities in the "AI + materials" strategy [1][4]. Group 1: Investment and Strategic Partnership - Daoshi Technology's subsidiary, Hong Kong Jiana, signed a Pre-B round preferred stock subscription agreement with Brain Family Inc. [1] - The investment will be finalized after approval from Brain Family's board and specific shareholders [1]. - The collaboration focuses on leveraging Brain Family's expertise in non-invasive brain-machine interface technology for applications in medical rehabilitation, educational technology, and human-computer interaction [4]. Group 2: Market Potential and Product Development - The global market for single-walled carbon nanotube conductive slurry is projected to grow from approximately 1.6 billion yuan in 2024 to 17.8 billion yuan by 2030 [4]. - Daoshi Technology plans to redirect 300 million yuan of unallocated fundraising to a project aimed at producing 120 tons of single-walled carbon nanotubes annually [4]. Group 3: Financial Performance - In the first half of 2025, Daoshi Technology reported a revenue of 3.65 billion yuan, a decrease of 11.64% year-on-year, while net profit attributable to shareholders increased by 108.16% to 230 million yuan [6][8]. - Research and development expenses saw a significant decline of 41.39% compared to the previous year, primarily due to reduced direct material inputs and personnel costs [8]. Group 4: Technological Advancements - Daoshi Technology has achieved breakthroughs in the mass production of advanced carbon materials, including carbon nanotubes and graphene, which are essential for Brain Family's smart bionic limbs that require high-sensitivity and biocompatible electrode materials [5][9]. - The company is advancing its capabilities in the lithium battery and carbon material supply chains, focusing on integrating research and production platforms for new materials [8].

Core Insights - Strong Brain Technology's bionic hand is one of the few mass-produced prosthetics that allows users to control each finger through neural electrical signals without invasive surgery [1][2] - The non-invasive brain-computer interface (BCI) technology is gaining attention due to its higher safety and accessibility potential, marking a critical phase of transitioning from laboratory to commercialization [1][4] Company Developments - Dao's Technology announced a $30 million investment in Strong Brain Technology's Pre-B round preferred shares, aiming to leverage its experience in materials to create an "AI + materials" platform [1] - Strong Brain Technology has successfully mass-produced bionic prosthetics that enable users to perform daily tasks such as grasping objects and writing [2][3] Technological Innovations - The company has made significant advancements in reading and interpreting weak human electrical signals, which are crucial for controlling bionic limbs [3][5] - Innovations in materials science and AI algorithms have improved the sensitivity and stability of signal capture, allowing for direct skin contact without conductive gel [3][4] Market Trends - The demand for humanoid robots is increasing, with over half of the engineering challenges focused on the dexterity of robotic hands, which Strong Brain Technology is addressing through its expertise in bionic hands [3] - The rapid development of AI algorithms has facilitated the extraction of relevant information from complex signals, enhancing the capabilities of BCI technology [4] Social Impact Initiatives - Strong Brain Technology aims to make bionic limbs more affordable, reducing prices to one-fifth to one-tenth of European brands, while also collaborating with organizations to provide free prosthetics to eligible individuals [5][6] - The company plans to assist 2,000 disabled individuals in Zhejiang with free bionic limb installations, promoting social reintegration for marginalized groups [6]