Core Insights - The upcoming CES 2026 in Las Vegas is set to showcase significant advancements in AI technology, marking a shift from conceptual displays to practical applications in various industries [3][6][12] - Chinese companies, particularly in the embodied intelligence sector, are making a strong presence at CES, with many participating for the first time and aiming to establish their brand internationally [6][9][11] Group 1: Event Overview - CES 2026 will officially commence on January 6, featuring major tech companies and startups presenting their upcoming products and innovations [3] - The event is expected to have a heightened focus on AI, with numerous social activities organized by venture capital institutions, indicating increased interest and investment in AI technologies [3][6] Group 2: Key Presentations and Themes - AMD CEO Lisa Su will deliver a keynote on the latest developments in CPU, GPU, and AI software, while NVIDIA CEO Jensen Huang will also present significant advancements in AI technology [5][6] - The narrative of CES 2026 will center around how AI technology integrates with hardware products and industrial applications, emphasizing the importance of practical implementation [6][12] Group 3: Chinese Companies and Robotics - A notable influx of Chinese companies in the embodied intelligence sector is expected, with firms like Yushun Technology and Galaxy General showcasing their innovations and receiving international inquiries [8][9] - The participation of Chinese robotics companies aims to enhance brand visibility and secure overseas orders, reflecting a broader trend of Chinese firms expanding into international markets [9][11] Group 4: Industry Trends - The focus of CES is shifting from mere technological showcases to the deep integration of AI with real-world applications, indicating a transformative phase in the tech industry [12] - The event will also highlight the collaboration between various tech giants, showcasing a collective effort to build an ecosystem around AI technologies and their applications [12]

Group 1: Market Performance - The robotics sector led the market this week, with the National Robotics Industry Index rising by 5.8%, the CSI Consumer Electronics Theme Index increasing by 5.5%, the CSI Intelligent Electric Vehicle Index up by 4.4%, and the CSI Internet of Things Theme Index climbing by 4.2% [1] - The robotics ETF managed by E Fund (159530) attracted approximately 500 million yuan in net subscriptions over the first four trading days of the week, with an additional nearly 200 million yuan on the last day [1] Group 2: Company Developments - UBTECH recently announced a deal to acquire 43% of the shares of listed company Fenglong Co. through a combination of "agreement transfer + tender offer" [1] - Fenglong Co. possesses precision manufacturing capabilities, a mature supply chain system, and a broad customer base, focusing on the research and manufacturing of engines, hydraulic control systems, and automotive components [1] - Analysts suggest that UBTECH's acquisition of a component manufacturer may further solidify the manufacturing foundation for the commercialization of domestic humanoid robots, indicating a critical transition from technology validation to commercial implementation [1] Group 3: Industry Insights - The humanoid robot segment is highlighted as having a high content ratio, accounting for nearly 80% of the robotics industry [3] - The CSI Intelligent Electric Vehicle Index is expected to represent a significant direction for embodied intelligence, covering various aspects of the industry chain, including power systems, perception systems, decision-making systems, execution systems, communication systems, and vehicle production [4] - The CSI Consumer Electronics Theme Index focuses on AI hardware, which is currently a major category of smart terminal products, involving companies engaged in component production and complete machine design and manufacturing [5] - The CSI Internet of Things Theme Index emphasizes the IoT as a crucial foundation for achieving connectivity among smart terminals, comprising stocks from companies involved in information collection, transmission, and IoT applications [6]

Core Viewpoint - The A-share market is experiencing a comprehensive upward trend in 2025, with significant recovery in market sentiment, as evidenced by the performance of active equity funds [1][6]. Fund Performance - As of December 25, 2025, nearly 4,700 active equity funds have been analyzed, with only 194 showing negative returns this year, while over 4,500 funds achieved positive returns [1][6]. - Among these, 83 funds have returns exceeding 100%, with the top ten funds all surpassing 144%. The fund "Yongying Technology Smart A" leads with a return of 237.66% [1][6]. - Over a three-year period, the top twenty funds have all returned over 160%, with an average return of 193%. "Dongwu New Trend Value Line" tops this list with a return of 279.67% [2][7]. Fund Types and Strategies - Flexible allocation funds have shown significant adaptability, with ten such funds in the top twenty achieving an average return of 208%, outperforming eight equity mixed funds at 183% and two ordinary stock funds at 161% [2][7]. - Notably, funds focused on the Beijing Stock Exchange have performed well, with three funds averaging a three-year return of 208%, including "Huaxia Beijing Stock Exchange Innovation Small and Medium Enterprises Selected" at 272.71% [2][7]. Fund Size and Management - "Debang Xinxing Value A" leads in size with 8.985 billion yuan, followed by "Dongwu Mobile Internet A" at 7.996 billion yuan, and "Jingshun Longcheng Stable Return A" at 6.061 billion yuan [3][8]. - Fund manager Liu Yuanhai from Dongwu Fund has notably managed three funds that made the list, achieving an average three-year return of 243% [3][8]. Investment Themes - The investment focus is shifting towards AI and technology growth, with an emphasis on sectors such as AI hardware, smart driving, and humanoid robots, as highlighted by Liu Yuanhai [4][9]. - The automotive intelligence industry is expected to reach a pivotal point in 2025, transitioning from a nurturing phase to rapid growth, with significant increases in penetration rates anticipated [10]. Future Outlook - The leading active equity funds illustrate two main investment themes: technology growth centered on AI and the "specialized and innovative" focus of the Beijing Stock Exchange [11]. - The fund assessment system is evolving towards greater precision and transparency, with a trend towards longer evaluation periods, emphasizing three-year or longer performance metrics [11].

Group 1 - The CES 2026 is set to take place in Las Vegas on January 6, showcasing the latest innovations in consumer electronics, with a significant focus on AI technologies [3][4] - AI has transitioned from being a mere technical showcase to a critical point for practical applications in various industries, marking a shift towards real-world integration [4][11] - Chinese companies, particularly in the field of embodied intelligence, are making a strong presence at CES, with many participating for the first time [5][16] Group 2 - AMD CEO Lisa Su will deliver a keynote address outlining advancements in CPU, GPU, and AI software, while NVIDIA CEO Jensen Huang will also present significant updates on AI technologies [9][10] - The focus of discussions at CES will be on how AI technologies can be integrated into hardware products and industrial applications, emphasizing the importance of practical deployment [10][11] - The trend of industrial AI is gaining momentum, with companies like Siemens and NVIDIA exploring how to scale AI applications in manufacturing and other sectors [10][11] Group 3 - The participation of Chinese robotics companies at CES is expected to increase, with firms like Yushun Technology and Galaxy General showcasing their products and receiving international inquiries [14][16] - The Korean robotics sector is also actively participating, with plans to unveil new robotic technologies and strategies during the event [18] - The smart cleaning segment is set to introduce new products aimed at overseas markets, indicating a broader trend of Chinese companies diversifying their offerings and targeting international customers [19]

南财智讯12月26日电，春秋电子公告，上海鑫绰投资管理有限公司－鑫绰鑫融7号私募证券投资基金计 划在2026年1月21日至2026年4月20日期间，通过集中竞价方式合计减持公司股份不超过337.67万股，即 不超过公司总股本的0.74%。截至公告披露日，该基金持有公司337.67万股，占总股本的0.74%，股份来 源为集中竞价交易取得。本次减持系股东基于自身资金需求，减持价格将根据市场情况确定。减持计划 实施可能存在减持时间、价格等不确定性风险，但不会导致公司控制权变更。 ...

格隆汇12月26日丨绿联科技(301606.SZ)公布，公司作为全球科技消费电子知名品牌企业，秉承"为用户 创造价值，提升员工幸福感，为社会发展做贡献"的使命，以及"成为一个有价值、有温度的全球性品 牌"的愿景，主要从事3C消费电子产品的研发、设计、生产及销售，致力于为用户提供全方位数码解决 方案。为深化公司的全球化战略布局，提升公司国际化品牌形象，并进一步提升公司核心竞争力，经充 分研究论证，公司拟发行境外上市股份（H股）并申请在香港联合交易所有限公司（简称"香港联交 所"）主板上市。公司将充分考虑现有股东的利益和境内外资本市场的情况，在股东会决议有效期内 （即经公司股东会审议通过之日起24个月或同意延长的其他期限）选择适当的时机和发行窗口完成本次 H股发行上市。 ...

Core Insights - The upcoming CES 2026 in Las Vegas is set to showcase a significant focus on AI, marking a shift from mere technological displays to practical applications in various industries [1][4] - Chinese companies, particularly in the embodied intelligence sector, are making a notable entrance at CES, with many participating for the first time [2][8] - Key industry leaders, including AMD's CEO Lisa Su and NVIDIA's CEO Jensen Huang, will highlight advancements in AI technology and its integration into hardware and industrial applications [3][4] Group 1: Event Overview - CES 2026 will officially commence on January 6, featuring major tech companies and startups presenting their upcoming products and innovations [1] - The event is expected to attract significant attention from venture capital firms, indicating a robust interest in AI and technology trends [1][5] Group 2: AI Focus - AI has transitioned from a conceptual showcase to a critical element in hardware and industrial applications, with major companies emphasizing its importance in their presentations [4][6] - AMD and Siemens are among the companies that will discuss the scaling of industrial AI and its integration into various operational environments [4] Group 3: Chinese Companies Participation - A new wave of Chinese companies in the embodied intelligence sector, such as Yushutech and Galaxy General, will debut at CES, aiming to enhance their brand visibility and secure international orders [7][8] - The participation of these companies reflects a broader trend of Chinese firms seeking to establish a presence in overseas markets and explore new application scenarios [9] Group 4: Industry Trends - The narrative of CES is shifting towards the deep integration of AI technology with real-world applications, moving beyond simple technological showcases [9] - The event will feature a diverse range of products, from industrial robots to consumer electronics, highlighting the evolving landscape of technology and its applications [9]

Group 1 - Chinese robotics companies are collectively participating in CES at an unprecedented scale, with many making their debut at the event [1][2][9] - The focus of CES 2026 is shifting towards AI, moving from a showcase of technology to a critical point for the practical application of AI in various scenarios [2][6] - Major companies like AMD and NVIDIA are set to highlight their advancements in AI technology, with AMD's CEO Su Zifeng and NVIDIA's CEO Jensen Huang leading key presentations [4][5][6] Group 2 - The presence of Chinese embodied intelligence companies is increasing, with firms like Yushutech and Galaxy General receiving significant interest from overseas clients during the event [8][9] - CES 2026 is expected to feature a wave of Chinese robotics companies aiming for brand exposure and securing overseas orders, indicating a strong push for international market penetration [9][10] - The event will also showcase innovations in various sectors, including smart cleaning devices and autonomous vehicles, reflecting a broader trend of integrating AI technology with hardware and real-world applications [10]

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 300916 | 朗特智能 | 32.64 | -5.34% | 7.01万 | 2.32亿 | | 002947 | 恒铭达 | 53.76 | -4.48% | 15.39万 | 8.34亿 | | 601138 | 工业富联 | 63.84 | -4.32% | 192.93万 | 124.21亿 | | 301123 | 奕东电子 | 76.50 | -3.36% | 28.29万 | 21.32亿 | | 300843 | 胜蓝股份 | 51.83 | -3.09% | 7.80万 | 4.07亿 | | 301326 | 捷邦科技 | 113.77 | -3.02% | 2.19万 | 2.51亿 | | 300602 | 飞荣达 | 33.31 | -2.91% | 38.10万 | 12.77亿 | | 301086 | 灣區創 | 111.76 | -2.78% | 3.09万 | 3.49亿 | | 002600 | 领益智造 ...

Core Viewpoint - Honor has officially launched the WIN series, a new upgraded gaming flagship, focusing on performance, battery life, cooling, and display enhancements to provide an innovative gaming experience [1][38]. Group 1: Product Overview - The WIN series includes two versions: Honor WIN and Honor WIN RT, with starting prices of 3999 yuan and 2699 yuan respectively [1][33]. - The series aims to grow into a complete esports ecosystem brand, with plans to introduce additional products like tablets in the future [1][38]. Group 2: Performance and Technology - Honor WIN is equipped with the fifth-generation Snapdragon 8 Gen 2 chip, LPDDR5X, and UFS 4.1, achieving an AnTuTu score exceeding 4.4 million [7][43]. - The WIN series features the Honor Phantom Engine 3.0, which utilizes AI technology for frame prediction and rendering optimization, improving low frame rates by up to 20 FPS [9][45]. Group 3: Cooling System - The series incorporates the Honor East Wind Turbo cooling system, featuring dual 360° surround intake and a unique direct-drive cooling duct design, enhancing cooling efficiency by 30% and reducing chip temperature by up to 7°C [11][47]. - The devices support IP68/IP69/IP69K ratings for dust and water resistance, and the cooling fan operates at a low noise level of 25dB [13][50]. Group 4: Battery and Charging - The WIN series is powered by a massive 10,000mAh battery, marking a significant advancement in battery capacity for the industry [17][49]. - It supports 100W wired fast charging and 80W wireless fast charging, along with a charging separation feature to enhance battery lifespan and safety [19][52]. Group 5: Display and Audio - The devices feature a 185Hz high-refresh-rate gaming display, supporting a high frame gaming ecosystem and offering a 3500Hz instantaneous touch sampling rate [21][54]. - The WIN series includes advanced audio features such as dual 1216 stereo speakers and AI sound enhancement algorithms for an immersive gaming experience [25][58]. Group 6: Communication and Connectivity - The Honor WIN series is equipped with the Honor Hongyan AI communication system, featuring 24 antennas for seamless signal switching and enhanced connectivity during gaming [26][60]. - It also supports various optimization features for network performance, ensuring a reliable gaming experience [26][60]. Group 7: Strategic Partnerships - Honor has formed a strategic partnership with the Delta Action Professional League, designating the WIN series as the official mobile device for the league [29][66].