当物体在滚动、滑动、被撞飞，机器人还在执行几百毫秒前的动作预测。 对动态世界而言，这种延迟，往往意味着失败。 在过去几年中，Vision-Language-Action（VLA）模型迅速成为机器人领域的焦点：机器人可以 "看懂" 画面、"理解" 语言指令，并直接输出连续动作， 在静态抓取、摆放、桌面操作等任务中取得了显著进展。 但一个长期被忽视的问题是 —— 真实世界几乎从来不是静态的 。当物体开始移动、加速、碰撞、改变轨迹，当前主流 VLA 模型往往会出现反应迟缓、动 作失配、甚至完全失败的情况。 论文链接：https://arxiv.org/abs/2601.22153 项目链接：https://haozhexie.com/project/dynamic-vla/ GitHub 链接：https://github.com/hzxie/DynamicVLA 在静态场景中，VLA 模型通常遵循如下流程： 问题不在于模型不聪明，而在于：它们跟不上时间。 近日，来自 NTU S-Lab 的研究团队提出 DynamicVLA，首次系统性地从模型架构、推理机制和数据体系三个层面，重新审视并解决 动态物体操控 （Dyn ...

值得一提的是，2月5日公司刚披露2025年订单达41.37亿元，同比增长约31.7%，增速显著跑赢行业平均 水平，为后续营收增长打开明确空间。在全球化发展方面，公司在东欧、拉美等新兴市场的大规模订单 持续落地，全球化布局进一步夯实。与此同时，公司已正式纳入港股通，南向资金配置通道正式开启。 极智嘉-W(02590)涨超5%，截至发稿，涨5.09%，报26.44港元，成交额5914.55万港元。 消息面上，极智嘉今早宣布正式发布全球首款面向仓储场景的通用机器人Gino1。据悉，Gino1区别于其 它人形机器人，它专为仓储而生，完全面向仓储场景的通用多任务能力而设计并训练。其具身大脑 Geek+Brain深度融合了极智嘉多年积累的海量仓储数据，并结合大规模仿真强化学习，让Gino1具备类 人的通用操作能力，能够从事仓储拣货、搬箱、打包、巡检等多任务，真正实现了"一台机器人覆盖仓 内主流人工操作场景"。 ...

人形机器人将再次登上春晚、四足机器人穿梭写字楼送咖啡、养老机器人上门为老人送餐送药…… 具身智能产业加速奔跑，近日，杭州具身智能应用中试基地产业委员会筹备会举行。 作为一家研究机器人双臂操作的本体企业，杭州星海图科技有限公司创始人、CEO高继扬认为，杭 州具身智能应用中试基地为具身智能产业提供了平台支撑。但具身智能产业链条长，且上下游尚不成 熟，基地通过聚集行业资源、促进交流合作，有助于减少重复投入、加速产业链价值整合，从而推动技 术向应用高效转化。目前，公司已参与基地共建，落实场景构建、数据采集等合作。未来，还将持续深 化与基地的合作，共同推动具身智能从开发者市场向现实生产力跨越，助力产业生态成熟。 机器零部件也是具身智能发展不可或缺的硬件基础。"现阶段，灵巧手的产业化仍需突破硬件本体 可靠性、灵巧性与感知能力等瓶颈。"在主攻灵巧手研发、生产的浙江灵巧智能科技有限公司创始人、 董事长许春山看来，公司虽已布局硬件、数据集与模型全栈能力，但仍需通过持续场景应用反馈，推动 技术迭代与成本优化。 杭州具身智能应用中试基地公司董事长田树军表示，基地将统筹发展资源体系，覆盖本体、模型、 数据及软硬件支撑，从方案中试、成 ...

智通财经APP获悉，极智嘉-W(02590)涨超5%，截至发稿，涨5.09%，报26.44港元，成交额5914.55万港 元。 值得一提的是，2月5日公司刚披露2025年订单达 41.37 亿元，同比增长约31.7%，增速显著跑赢行业平 均水平，为后续营收增长打开明确空间。在全球化发展方面，公司在东欧、拉美等新兴市场的大规模订 单持续落地，全球化布局进一步夯实。与此同时，公司已正式纳入港股通，南向资金配置通道正式开 启。 消息面上，极智嘉今早宣布正式发布全球首款面向仓储场景的通用机器人Gino 1。据悉，Gino 1区别于 其它人形机器人，它专为仓储而生，完全面向仓储场景的通用多任务能力而设计并训练。其具身大脑 Geek+ Brain 深度融合了极智嘉多年积累的海量仓储数据，并结合大规模仿真强化学习，让Gino 1具备 类人的通用操作能力，能够从事仓储拣货、搬箱、打包、巡检等多任务，真正实现了"一台机器人覆盖 仓内主流人工操作场景"。 ...

Group 1 - The core event is the launch of the "Doubao New Year" activity on the Doubao App, starting on February 10 [1] - The lottery for cash red envelopes will begin on February 13 at 8 PM, providing users with the chance to win cash prizes [1] - On New Year's Eve, February 16, Doubao will distribute over 100,000 technology gifts and cash red envelopes up to 8,888 yuan during the Spring Festival Gala [1] Group 2 - The technology gifts include 17 popular tech products such as Yushu robots, Songyan power robots, Magic Atom robotic dogs, and Dajiang drones [1] - Other prizes consist of smart consumer products like Xiaomi smartwatches and Supor rice cookers, as well as usage rights for electric vehicles like the Audi E5 Sportback and Mercedes-Benz CLA [1]

Core Viewpoint - Doubao has launched the "Doubao New Year" event, offering over 100,000 technology gifts and cash red envelopes during the 2026 Spring Festival, showcasing its integration of advanced technologies with its large model capabilities [1] Group 1: Event Details - The event includes high-tech prizes such as Yushu robots, Tuo Bamboo 3D printers, and DJI drones, as well as the usage rights for electric vehicles like the SAIC Audi E5 Sportback and Mercedes-Benz CLA [1] - All prizes are supported by the deep integration of Doubao's large model capabilities through Volcano Engine, utilizing voice synthesis models, large language models (LLM), and visual language models (VLM) [1]

银河证券指出，具身智能已成为全球科技竞争的焦点领域，美欧等均在人形机器人相关领域加大投入。 从产业链竞争格局来看，本体硬件和运控领域中国企业已领先，机器人场景落地未来可期，或打开万亿 级市场。 机器人ETF(562500)是全市场唯一规模超两百亿的机器人主题ETF，成分股覆盖人形机器人、工业机器 人、服务机器人等多个细分领域，帮助投资者一键布局机器人上中下游产业链。场外联接(华夏中证机 器人ETF发起式联接A：018344；华夏中证机器人ETF发起式联接C：018345)。 随着成分股调整落地，机器人ETF(562500)跟踪的中证机器人指数人形机器人含量提升至近70%；此次 调仓精准剔除近期走势疲软的个股，纳入表现尚可的优质标的，成功实现"去弱留强"。 截至今日10:55，机器人ETF(562500)持续高位震荡，最新价报1.077元，较开盘价上涨0.654%。持仓层 面，该ETF跟踪的66只成分股中41只个股上涨，克来机电涨停领涨，云天励飞、埃夫特、科瑞技术涨幅 居前，形成强劲的核心跟涨梯队，成为盘面拉升的主要动力。中信重工、瑞松科技等个股下跌形成个别 拖累，对整体普涨态势无明显影响。流动性方面，该ETF ...

Group 1 - The core viewpoint of the articles highlights the increasing economic cooperation between Guangzhou and APEC member countries, exemplified by the successful launch of the Ho Chi Minh City Metro Line 2 project, which marks Guangzhou Metro Design Institute's first overseas project [1] - Guangzhou has attracted nearly $120 billion in foreign investment from APEC economies, accounting for 82.8% of the city's total foreign investment, and has invested in 2,684 non-financial projects in APEC countries with a total agreement amount of $24.72 billion, representing 81% of the city's total [1] - The "Guangdong Goods Going Global" initiative aims to enhance the visibility and market influence of high-quality Guangdong products, leveraging the APEC meetings in Guangzhou as a promotional opportunity [2] Group 2 - The Guangdong government is actively promoting the export of Guangdong products and services, with over 2,000 enterprises expected to participate in 150 "Yue Trade Global" overseas exhibitions this year [5] - The establishment of a research and sales center for Guangdong-style pre-prepared dishes in New Zealand and the ongoing Guangdong product expos there indicate a growing platform for Guangdong businesses to expand internationally [3] - In Mexico, there is a rising demand for high-end technology and digital capabilities, creating opportunities for Guangdong enterprises to collaborate in sectors like automotive manufacturing and logistics [4] Group 3 - The "融聚APEC 惠享新机遇" investment promotion event aims to attract foreign investment by introducing favorable policies from the central, provincial, and municipal levels [6] - Guangzhou's focus on emerging industries such as hydrogen energy, pharmaceuticals, and biotechnology is expected to attract more foreign enterprises, particularly from South Korea [6] - The Baiyun International Medical and Health City project, a collaboration with Singapore's Perennial Group, represents a significant investment in healthcare infrastructure, with a total investment of 10 billion yuan [7] Group 4 - The Guangzhou Municipal Bureau of Commerce plans to organize over 100 investment promotion activities in major cities of APEC economies, aiming to facilitate better understanding and investment opportunities for foreign enterprises in Guangzhou [8]

摘要 大丰实业 20260205 大丰实业受益于杭州亚运会，承接 80%场馆设施建设，吸引多国代表团 调研，海外市场需求旺盛，尤其在发达国家，文化体育场馆设施相对落 后。 公司海外订单显著增长，2024 年约为 3-4 亿元，预计 2025 年将达到 15-16 亿元，同比增长 4-5 倍，年底还有约 10 亿元订单待签署。国内 市场方面，2025 年新签订单预计 30 多亿元，主要选择高毛利、资金回 笼有保障的项目。 大丰实业计划 2026 年国内新签订单约 40 亿元，海外目标 20 亿元以上。 海外与国内订单确认周期相似，约为 12-18 个月，海外项目收款情况良 好，多数项目签约后能迅速收到 30%预付款。 公司积极发展 C 端文旅运营，截至 2025 年底运营 23 个场馆，全部实 现盈利，预计 2025 年营收可达 3-4 亿元，高于 2024 年的 1 亿多元。 通过优化内容引进，如脱口秀、舞台剧等，并积极与美国头部 IP 接洽。 大丰实业计划每年新增至少 5 个场馆，2026 年目标新增 10 个左右。通 过浙江大丰文化传媒公司进行 IP 对接，将芒果 TV 剧目改编为线下沉浸 式体验，如探案 ...

Summary of the Conference Call on Multi-Tech's Acquisition of Suzhou Hanm Company and Industry Overview - **Company**: Multi-Tech (多利科技) - **Acquisition Target**: Suzhou Hanm Transmission (昆山汉姆) - **Industry**: Robotics and Harmonic Gear Reducers Key Points and Arguments Acquisition Details - Multi-Tech signed a formal agreement to acquire 70% of Suzhou Hanm, retaining 30% for the founding team [5][6] - The acquisition was delayed in announcement due to market volatility, but the new business license is expected shortly [5] - Suzhou Hanm has filed 94 patents, including 14 invention patents related to harmonic gear technology [6] Product Advantages - The new harmonic gear reducer fills a gap in the reduction ratio market, specifically for ratios between 11 and 50, which are currently underserved [10][18] - The design features dual steel wheels and a ring-shaped flexible wheel, enhancing durability and efficiency [12][14] - The efficiency of the new reducer is reported to be 88%, significantly higher than traditional models [14] - The product is expected to have a lifespan improvement of 100% and impact resistance enhancement of over 50% [13] Market Potential and Client Engagement - Initial samples were sent to major clients, including Tesla, with positive feedback on the innovative design [8][20] - Multi-Tech aims to leverage its existing relationship with Tesla to facilitate entry into the robotics market [20][21] - Future discussions with clients will focus on production capacity and potential joint ventures, particularly in Europe and North America [16][22] Financial Outlook - Multi-Tech anticipates a revenue growth of 20-25% in its traditional business, driven by new vehicle models and increased production [41][43] - The company is exploring financing options for potential expansion into North America and Southeast Asia, particularly for production capacity [32][34] Strategic Partnerships - Multi-Tech is considering collaborations with European partners to enhance its market position and facilitate entry into North America [52][54] - The European partner, Aiderlan, has a strong background in automotive components and is interested in expanding into robotics [53][55] Additional Important Information - The company is cautious about stockholder actions, indicating that major shareholders are unlikely to sell shares in the near term due to stable cash flow and ongoing investments [24][32] - The focus on joint ventures and partnerships is seen as a strategic move to mitigate risks associated with entering new markets [16][22] This summary encapsulates the key discussions and insights from the conference call regarding Multi-Tech's strategic acquisition and its implications for future growth in the robotics sector.