面对当前研发训练需求和未来具身智能机器人的广泛应用需求，草案要求加强网络和算力基础设施规划布局， 建立多元智算供给服务体系，提升算力资源利用效率，降低算力使用成本。 杭州具身智能机器人产业迎利好。 杭州市司法局8月11日起公开征求《杭州市促进具身智能机器人产业发展条例（草案）》（以下简称"草 案"）。该草案提出，根据具身智能机器人产业的技术特性与发展规律，针对不同智能化等级、应用场景分类 的具身智能机器人产品及服务，探索构建分级分类监管体系与沙盒监管机制，建立包容审慎、鼓励创新的监管 生态，激发各类主体创新活力。 当前是具身智能机器人技术密集创新和高速发展的战略机遇期、黄金窗口期，杭州凭借良好的产业基础和创新 生态，在以人形机器人、四足机器人为代表的智能机器人整机研发制造以及生成式人工智能、空间智能等人工 智能技术创新方面已形成先发优势。据统计，杭州已集聚机器人相关企业超200家，在智能机器人运动控制算 法、多模态交互等关键领域处于国内领先水平。 草案要求，将具身智能机器人产业纳入杭州市政策支持框架，通过制度设计增强政策合力，进一步规范产业高 质量发展路径。 超前布局具身智能机器人基础设施 具身智能机器人产业 ...

在极智嘉成功上市的带动下，智能机器人企业正受到资本市场更多关注。在港股IPO热潮再起之际，多家中国智能机器人企业 加速冲刺，争夺下一赛道"第一股"的头衔。其中仙工智能作为控制系统领域的代表企业，受到市场关注。 本文字数：1000 阅读时长约：3分钟 IPO早知道：《极智嘉正式登陆港交所：市值超220亿港元，港股迎今年最大非"A+H"科技IPO》 作为资本聚光灯下的下一个潜力点，仙工智能正凭借其独特的"机器人大脑"战略，让智能机器人走向多元应用场景。 成立于2020年的仙工智能，已发展为全球少数以控制系统为核心构建智能机器人体系的企业之一。 公司以SRC控制器为技术基础，集成视觉-语言-动作（VLA）等模块，实现机器人本体的自主运行与协同控制，支持多类型机器 人快速开发与应用部署。其业务覆盖全球30多个国家和地区，应用领域涵盖3C制造、汽车、新能源、生物医药等二十多个行 业，为客户提供机器人开发、获得、使用的一站式解决方案。 根据招股书数据，仙工智能2022至2024年营收从1.84亿元增长至3.39亿元，年复合增长率达35.7%，毛利率维持在45%-49%的高 水平，展现出扎实的营收能力。更重要的是，研发投入 ...

Group 1 - Shenzhen Yushu was established in March this year with an initial registered capital of 50 million yuan, fully owned by Yuhua Tian (Shenzhen) Smart Technology Investment Co., Ltd, a wholly-owned subsidiary of Yuhua Tian (300815) [2] - After a capital increase by Zhiyuan Innovation of 2.63157894 million yuan, the registered capital of Shenzhen Yushu changed to 52.63157894 million yuan, with Yuhua Tian Smart holding 95% and Zhiyuan Innovation holding 5% [2] - On November 11, Yuhua Tian's stock price surged, reaching a peak increase of over 15% before closing [2] Group 2 - Shenzhen Yushu has made significant strides in the field of intelligent robotics, focusing on the development of AI application software, hardware sales, and system integration services for the AI industry [3] - The company aims to integrate intelligent robotics technology with urban service needs, developing products like unmanned cleaning vehicles and intelligent sorting robots to address challenges in the sanitation industry [3] - A strategic cooperation agreement was signed between Shenzhen Yushu and Zhiyuan Innovation on June 28, leading to the establishment of the "Shenzhen Yushu Embodied Robot Innovation Center" [3] Group 3 - The Yushu Innovation Center is focused on "AI + Robotics" integration, aiming to create a comprehensive innovation system that includes technology research and development, product incubation, and industrial collaboration [4] - The center will promote the large-scale application of embodied robots through algorithm innovation, hardware iteration, and scenario-based implementation [4]

文字早评 2025/08/11 星期一 宏观金融类 股指 消息面： 1、证监会表示，将继续严把发行上市入口关，不会出现大规模扩容的情况；将更大力度培育壮大长期 资本、耐心资本； 2、京东发布"智能机器人产业加速计划" 百亿投入助力行业发展，定下三年内助力 100 个机器人品 牌销售破 10 亿; 3、宁德时代枧（jian4）下窝矿区采矿端已经确定从 8 月 10 日起停产，短期也不会有复产计划； 4、地产：北京楼市新政：五环外符合条件不再限购。 期指基差比例： IF 当月/下月/当季/隔季：-0.20%/-0.53%/-1.29%/-2.10%； IC 当月/下月/当季/隔季：-0.38%/-1.53%/-4.07%/-6.22%； IM 当月/下月/当季/隔季：-0.41%/-1.51%/-4.33%/-6.97%； IH 当月/下月/当季/隔季：-0.15%/-0.14%/-0.12%/-0.17%。 交易逻辑：中央政治局会议强调增强国内资本市场的吸引力和包容性，巩固资本市场回稳向好的势头， 进一步确认了政策对资本市场的呵护态度。前期持续上涨后，市场在短期可能会出现震荡加剧的现象。 但从大方向看，仍是逢低 ...

据天眼查信息，深圳玉树智能机器人有限公司成立于2025年3月，法定代表人为杨波。其经营范围较为 广泛，包含人工智能应用软件开发、人工智能硬件销售、人工智能行业应用系统集成服务、数据处理和 存储支持服务、服务消费机器人销售、信息系统集成服务、智能控制系统集成、计算机软硬件及辅助设 备零售、软件开发、软件销售、环境保护专用设备销售、环境保护专用设备制造、专业保洁、清洗、消 毒服务、城乡市容管理、租赁服务（不含许可类租赁服务）、服务消费机器人制造、智能机器人的研 发、智能机器人销售等。不过，除依法须经批准的项目外，公司可凭营业执照依法自主开展经营活动。 而道路机动车辆生产、城市生活垃圾经营性服务这两项，则属于依法须经批准的项目，需经相关部门批 准后方可开展经营活动，具体经营项目以相关部门批准文件或许可证件为准。 凤凰网科技讯 8月11日，天眼查信息显示，近日，深圳玉树智能机器人有限公司发生工商变更。此次变 更中，新增智元机器人关联公司智元创新（上海）科技有限公司为股东，持股比例为5%；同时，公司 注册资本由原来的数额增至5263.16万元。 ...

Industry News - The Beijing Municipal Housing and Urban-Rural Development Commission and the Beijing Housing Provident Fund Management Center jointly issued a notice to further optimize and adjust real estate policies, allowing eligible families to purchase an unlimited number of commercial housing units outside the Fifth Ring Road starting from August 9, 2025 [4] - The China Securities Regulatory Commission (CSRC) will continue to strictly control the entry of IPOs and will not allow large-scale expansion, focusing on nurturing long-term capital and improving the policy system to support long-term investments [6] - At the 2025 World Robot Conference, Wang Xingxing, founder of Yushu Technology, stated that the main focus of intelligent robot technology in the next 2-5 years will be on large models, low-cost hardware, and computing power, with the humanoid robot shipment volume expected to double annually [6] - The Beijing Economic and Technological Development Zone announced a plan to support the development of embodied intelligent robots with ten key measures [6] - The National Immigration Administration reported that the number of foreign entries and exits exceeded 38 million in the first half of the year, a year-on-year increase of 30.2%, with visa-free entries increasing by 53.9% [6] Company News - Haosai announced that the company and its former chairman Dai Baolin have been prosecuted for suspected unit bribery [9] - Shiyun Circuit announced that its shareholder New豪 International plans to reduce its holdings by no more than 3% of the company's shares [9] - *ST Gaohong received a notice from the China Securities Regulatory Commission regarding potential major illegal forced delisting [11] - Industrial Fulian reported a net profit of 12.1 billion yuan in the first half of the year, a year-on-year increase of 39% [11] - Liou Co. announced plans to use no more than 3 billion yuan of its own funds for securities investments [11] - Wan Tong Development plans to invest 854 million yuan to acquire a 62.98% stake in Shudu Technology, injecting quality chip design business assets [11]

Core Insights - Hubei Province's high-tech manufacturing industry achieved a value-added growth of 14.4% in the first half of 2025, contributing to a 7.9% increase in industrial value-added for enterprises above designated size, indicating a strong integration of technological and industrial innovation as a driving force for new productivity [1][5] Group 1: Traditional and Emerging Industries - Hubei is advancing in traditional, emerging, and future industries simultaneously, with significant developments in sectors such as automotive, steel, and chemicals, alongside rapid growth in new industries like "light, chip, screen, terminal, and network" and health technology [3][5] - The province has seen the launch of over 10 new energy vehicle models and the completion of projects like the 0.1mm non-oriented silicon steel by Wuhan Iron and Steel, showcasing the ongoing transformation and upgrading of traditional industries [3][5] Group 2: Robotics and 6G Technology - The development of humanoid robots is gaining momentum, with over 10 local humanoid robot products launched since the implementation of the "Hubei Humanoid Robot Industry Development Breakthrough Project" in March 2024 [1][3] - China Information Communication Technology Group, based in Wuhan, is positioning itself for the 6G era with thousands of core patents and a focus on key technologies such as star-ground integration and ultra-dimensional antennas [3] Group 3: Innovation Ecosystem - The East Lake High-tech Zone has established a service system for "Gazelle" enterprises, nurturing 1,862 such companies, which are characterized by high R&D personnel ratios and significant financing [6][8] - The establishment of the "Huangshi (Wuhan) Offshore Science and Technology Park" aims to leverage resources between Wuhan and Huangshi, promoting innovation-driven development [8] Group 4: Technology Transfer and Industrial Development - The launch of the Wuhan New Energy Research Institute's concept verification center aims to facilitate the transformation of scientific and technological achievements in the new energy sector [9] - Hubei has over 600 provincial-level incubation institutions, with a technical contract transaction volume of 318.77 billion yuan in the first half of the year, reflecting a 10.55% year-on-year growth [11]

Core Viewpoint - The company aims to enhance its product offerings and establish a robust ecosystem by releasing affordable robots, with a focus on increasing sales volume and user engagement [1][3]. Group 1: Product Strategy - The release of a low-priced robot at 39,900 yuan is intended to boost sales volume and create a user and developer ecosystem [1][3]. - The company believes that current robot hardware is sufficient, although improvements can still be made [1][6]. - The company has observed a significant increase in customer purchases of humanoid robots, indicating a growing market demand [4][9]. Group 2: Technological Challenges - The company identifies significant shortcomings in embodied AI, stating it has not yet reached a "GPT moment" of breakthrough [1][6]. - There are challenges in aligning AI data with real-world operational conditions, which complicates the development of effective embodied AI models [6][7]. - The company aims to improve the generalization and autonomous decision-making capabilities of robots, which are currently lacking [5][8]. Group 3: Market Position and Future Outlook - The company has a strong presence in the overseas market, with approximately 50% of its annual revenue coming from international sales [9]. - The company is preparing for an IPO, viewing it as a significant milestone in its growth and a way to provide accountability to shareholders [1][11]. - The company anticipates that technological advancements in robotics will occur within the next 2 to 5 years, with a broader wave of change expected within a decade [4][5].

Core Insights - The future focus of intelligent robotics technology over the next 2-5 years will be on three main directions: unified, end-to-end intelligent robot models; lower-cost, longer-lasting hardware with ultra-large-scale production; and distributed, low-cost, large-scale computing power [1] Group 1 - The first focus area is the development of unified, end-to-end intelligent robot models [1] - The second focus area emphasizes the need for lower-cost and longer-lasting hardware, alongside ultra-large-scale production capabilities [1] - The third focus area is centered on distributed computing power that is low-cost and capable of large-scale deployment [1]

Core Insights - The 2025 World Robot Conference opened in Beijing, with JD.com as the exclusive global strategic partner, announcing an investment of over 10 billion in the smart robotics sector to support 100 brands achieving over 1 billion in sales within three years [1][3][4] Industry Overview - The smart robotics industry is experiencing unprecedented growth, with projections indicating that the Chinese robotics market will reach 100 billion by 2028. However, challenges such as slow commercialization and application difficulties remain [3][4] JD.com's Strategic Initiatives - JD.com is providing a zero-threshold entry service for partners, connecting over 600 million consumers and 8 million enterprise users through its comprehensive supply chain infrastructure [4][7] - The company has launched the JoyInside brand, which offers advanced application capabilities and emotional interaction for robots, with a free access plan to attract more robotics companies [6][14] Market Engagement - JD.com is facilitating a full-chain solution for partners, covering the entire ecosystem from components to assembly, promoting the integration of robots into various industries such as technology, logistics, and healthcare [7][11] - The company is hosting the first "JD Cup" robotics talent competition, showcasing over 50 advanced robotic products and engaging users in interactive experiences [8][10] Logistics Innovations - JD Logistics has introduced self-developed intelligent products like the unmanned light truck, which has garnered significant attention for its large cargo capacity and efficiency in logistics [11][13] - The company has implemented the Smart Wolf system in warehousing, achieving a fourfold increase in storage efficiency and a 99.99% accuracy rate in picking operations [13][14] Future Outlook - JD.com aims to deepen collaboration with industry partners to build an open and win-win robotics ecosystem, driving the development of China's smart robotics industry and creating substantial social and economic value [14]