星标 ★ IPO日报 精彩文章第一时间推送 然而最新公告显示，杭州橙祥于8月28日因合同纠纷收到《杭州市拱墅区人民法院传票》，杭州市拱墅区人民法院 冻结了杭州橙祥持有的标的公司1051万股的股权。鉴于杭州橙祥系标的公司第三大股东，且作为本次交易的业绩承 诺方，对本次交易影响较大，且截至公告披露日，上述股权仍处于冻结状态，存在限制转让的情形，尚不符合《上 市公司监管指引第9号--上市公司筹划和实施重大资产重组的监管要求》第四条的有关规定。 为切实维护公司及全体股东利益，经公司充分审慎研究及与交易对方友好协商，决定终止本次交易事项。 8月28日晚间，梦网云科技集团股份有限公司（下称"梦网科技"，002123.SZ）公告称，公司决定终止发行股份及 支付现金购买资产并募集配套资金暨关联交易事项。 终止原因为，交易对方杭州橙祥企业管理合伙企业（下称"杭州橙祥"）因合同纠纷导致其持有的标的公司股权被冻 结，存在限制转让的情形，不符合相关监管要求。 8月29日，梦网科技股价大跌8.57%，收盘价为14.4元。 制图：佘诗婕 终止收购 今年1月，公司首次披露了收购事项。 6月，公司披露了收购草案。具体来看，公司拟发行股份及支 ...

Core Viewpoint - The 2025 World Humanoid Robot Games, held in Beijing, showcases advancements in humanoid robotics and highlights the competitive landscape of the robotics and communication industries [1][9]. Group 1: Event Overview - The event took place from August 15 to 17, featuring over 280 teams and more than 500 robots from 16 countries competing in various disciplines such as athletics, soccer, and dance [1]. - The competition serves as a platform to demonstrate China's technological advancements and the full industry chain from robotics to communications [1]. Group 2: Competition Highlights - The first gold medal was won by Lingyi Technology's robot, which completed the 1500-meter race in 6 minutes and 34 seconds, benefiting from years of technological development and a "soft and hard collaborative" technology system [3]. - Robots faced challenges such as algorithm decision-making and balance control, with a specific focus on improving cornering control through advanced algorithms [4]. Group 3: Technological Innovations - The robots utilized open-source decision-making algorithms and high-precision hardware, making them the preferred choice for many international teams in the soccer competition [6]. - The event highlighted the transition from single-machine competition to multi-machine collaboration and tactical intelligence in robotics [6]. Group 4: Real-World Applications - The event also featured practical applications of robotics, such as service robots in hotels and precision sorting robots in pharmaceuticals, showcasing the technology's real-world value [7]. - The challenges faced during the competition are expected to drive advancements in dynamic motion control and real-time perception technologies [7]. Group 5: Industry Insights - The Beijing Shougang Fund revealed that over 100 robots were rented for the competition, indicating a growing interest in practical applications of robotics in various sectors [9]. - The robotics industry is moving towards mass production and commercialization, with humanoid robots expected to find broader applications in the coming years [9]. Group 6: Communication Technology Support - The event relied heavily on AI communication technology to ensure precise control of the robots, with any signal fluctuations potentially impacting performance [10]. - Beijing Unicom implemented a comprehensive 5G-A network to support the event, showcasing the importance of robust communication infrastructure in robotics competitions [11].

7月15日， 剑桥科技 （603083.SH）发布2025年半年度业绩预告。公告显示，公司预计2025年上半年归 属于上市公司股东的净利润为12,010万元至12,810万元，同比增加50.12%至60.12%；扣除非经常性损益 后的净利润为11,920万元至12,730万元，同比增加84.47%至97.01%。业绩增长主要由高速光模块和电信 宽带接入业务贡献，高速光模块业务需求旺、订单增、毛利率升，且日元升值带来汇兑损益同比增加约 2,378万元。虽本期无上年同期同类政府补助致其他收益减少，但主营业务增长推动净利润上升。 剑桥科技作为一家立足于中国，服务于全球的ICT新型企业，持续深耕ICT及 光通信 相关市场多年，在 宽带接入、无线网络以及高速光模块领域积累了丰富的技术研发及产品开发经验。据悉，4月28日，剑 桥科技正式提交H股发行上市申请，冲刺AI通信"A+H"第一股。 当前，全球算力竞赛已进入"军备升级"新阶段。 英伟达 GB300 AI 服务器 的即将发布直接拉动1.6T光模 块需求跃升，而Marvell将2028年数据中心资本开支预期上调至万亿美元规模，则从产业维度印证了算 力投资的长期景气度。 ...

Core Viewpoint - Cambridge Technology has submitted an application for H-share listing on the Hong Kong Stock Exchange, aiming to become the first "AI communication stock" with both A-shares and H-shares, marking a new phase in its global capital layout and technological innovation [1] Group 1: Company Overview - Cambridge Technology is a leading provider of efficient instant connection solutions related to optical communication, broadband, and wireless technology, ranking 5th globally in the optical and wireless connection device (OWCD) industry based on 2024 sales revenue [1] - The company is recognized as a pioneer in establishing smart factories in the OWCD industry, providing core hardware support for global AI infrastructure, data centers, and telecom networks [1] Group 2: Innovation and R&D - The core competitiveness of Cambridge Technology stems from its strong R&D capabilities, with a global R&D team of 630 people, accounting for over 50% of its total workforce [2] - The company has made significant breakthroughs in AI communication technology and is actively developing next-generation products to meet the urgent demand for high-speed, low-latency communication in future data centers and networks [2] - At the OFC2025 event, Cambridge Technology showcased its latest end-to-end connection technologies, including new 200G/Lambda series optical modules that achieve a 20% reduction in power consumption [2] Group 3: Market Strategy - Cambridge Technology employs a "diversified localization" strategy to build unique global competitiveness, integrating local operations with a global perspective [4] - The company has established strategic R&D centers in Greater China, Japan, and the United States, and utilizes a co-location production model with local partners in various regions [4] - This strategy enhances supply chain resilience, mitigates regional risks, and allows for rapid response to localized market demands [4] Group 4: Market Presence and Future Outlook - Cambridge Technology has built a comprehensive sales and service network covering 52 countries and regions, earning the trust of major global technology companies and mainstream operators [5] - The upcoming H-share listing is a significant step in the company's capital strategy, expected to further open international financing channels and accelerate the integration of AI and communication technologies [5] - Analysts suggest that the advancement of the listing plan will help Cambridge Technology solidify its industry benchmark position and inject new momentum into the development of global communication and AI infrastructure [5]