随着全球无人驾驶行业的不断成熟，Robotaxi(无人驾驶出租车)正加速从概念验证迈向商业化落地。6月 11日，据万马科技（300698）全资子公司优咔科技公众号消息，优咔科技依托深厚的车联网技术积累和 全球化布局，正全面切入Robotaxi核心基础设施建设，以智能网联、数据闭环、算网融合和全球运营等 关键能力，为行业客户提供面向未来的一体化解决方案。 在国际市场，Waymo、特斯拉等企业已陆续在北美主要城市推出Robotaxi付费服务；而在中国，百度萝 卜快跑已覆盖北京、深圳、武汉、重庆等地，并拓展至迪拜、阿布扎比、瑞士、土耳其等海外市场。政 策支持、技术成熟、成本下降，以及像RT6这样单车成本已低于3万美元的产品，正在为Robotaxi的规模 化落地扫清障碍。 据了解，优咔科技继续打造面向Robotaxi的高可靠、高效率通信基础设施。凭借在5G双卡双通、QoS管 理、链路调度等领域的深耕，优咔科技能够为Robotaxi提供高质量的联网能力，保障远程监控、数据回 传等任务稳定运行。此外，优咔的智能连接管理平台已可与车队管理系统深度集成，实现车辆全生命周 期的智能运维。 在全球网络覆盖能力方面，优咔科技已构建 ...

Group 1 - Jinzhai Food's innovative upgraded products have entered the Pang Donglai system, with good sales performance reported [1] - Meta's CEO Mark Zuckerberg is forming a new AI team aimed at achieving Artificial General Intelligence (AGI) and plans to invest over $10 billion in Scale AI [2] - TianKang Bio reported a 19.95% year-on-year decline in pig sales revenue for May, totaling 345 million yuan, with a sales volume of 229,700 pigs [3] Group 2 - Trina Solar's Chairman Gao Jifan stated that the proportion of solution business will increase to over 50% in the next two to three years [3] - SpaceX's revenue is projected to reach $15.5 billion this year, according to Elon Musk [4] - VinFast reported a 296% year-on-year increase in electric vehicle deliveries in Q1, totaling 36,330 vehicles, with a net loss of approximately $712 million [4] Group 3 - Bubble Mart has registered dozens of trademarks related to the "labubu" series, covering various categories including education and entertainment [4] - Hangzhou Oxygen Yiju Environmental Technology Co., Ltd. completed a Series A financing round of 50 million yuan, aimed at developing negative oxygen ion release technology [6] - "Bo Te Ding Dong" completed a 20 million yuan angel round financing, focusing on optimizing AI routing algorithms and expanding market coverage [7] Group 4 - "Longxing Hangdian" successfully completed a Series A++ financing round of 100 million yuan, with participation from various investment institutions [8] - "Photon Leap" announced the completion of a 100 million yuan angel round financing, focusing on AI imaging algorithm development [9] - Meituan launched its first AI Coding Agent product, NoCode, aimed at simplifying programming tasks [10]

Core Viewpoint - The increasing investment from foreign enterprises in China reflects their confidence in the country's stable high-quality development and high-level openness, highlighting the potential for collaboration in emerging technologies such as artificial intelligence, digital twins, and autonomous driving [1] Group 1: Foreign Investment Trends - Numerous foreign enterprises, including those from Denmark and Germany, are motivated to continue investing in China, particularly in new technology sectors [1] - A recent survey by the American Chamber of Commerce indicates that the vast majority of American companies have no plans to withdraw from the Chinese market [1] Group 2: Policy and Economic Environment - The Chinese government is accelerating institutional openness and has introduced the "2025 Action Plan for Stabilizing Foreign Investment," which includes revisions to the encouraged foreign investment industry catalog [1] - High-end manufacturing and digital economy sectors are now included in the policy incentives, aiming to transform China from a manufacturing hub to an innovation engine [1] Group 3: Business Environment - The Chinese government aims to continuously optimize the business environment and provide more policy benefits for foreign enterprises [1] - There is an invitation for more foreign companies to establish themselves in China and look towards global opportunities, promoting mutual benefits in the wave of new productive forces [1]

Core Insights - Chengdu is focusing on "urban new area scenarios" to promote technological innovation, particularly in artificial intelligence and robotics, aiming for a new wave of industrial impact [1][2] - The Tianfu New Area is positioned as a key growth area, with a commitment to open various application scenarios for new technologies and products, including drones and autonomous vehicles [2][3] - The development goal for Tianfu New Area by 2050 includes a complete park city form and a high-quality development system, showcasing sustainable urban development [3] Group 1: Innovation and Technology - The Tianfu New Area has released its first batch of technology application scenarios, which include a wide range of products from various types of robots to unmanned vehicles [2][3] - Chengdu's innovation scene is being enhanced through the establishment of a comprehensive scenario network that integrates land, sea, and air applications [3][5] - The Chengdu Science and Technology Ecological Island has already launched over 20 application scenarios in low-altitude economy, AI, and autonomous driving, with plans for more in the future [6][7] Group 2: Industry Collaboration - Companies are seen as crucial sources of innovation within the Tianfu New Area, with collaborative efforts between government and enterprises to create practical applications for new technologies [7][11] - The partnership between Chengdu Science and Technology Ecological Island and various enterprises has led to the development of AI-driven customer service solutions and other innovative applications [7][11] - The integration of innovation scenarios is expected to foster a culture of innovation and drive economic growth in the region [13][16] Group 3: Policy and Environment - The Tianfu New Area is actively enhancing its business environment through supportive policies aimed at promoting AI and robotics industries [14][15] - Recent policies have been introduced to support the development of low-altitude economy and related sectors, focusing on practical applications and regulatory frameworks [14][15] - The area is exploring innovative management mechanisms for low-altitude navigation and urban transportation to facilitate the implementation of new technologies [14][15]

Group 1: New Stock Market Insights - The new stock market activity has decreased, with the first-day gains and opening valuations of new stocks in May declining across the three major boards [5][4] - In the past week, 10 new stocks recorded positive gains, accounting for 20.83% of the total, down from 26.53% previously [5] - The main board saw a new stock, Guqi Textile Materials, debut with a first-day gain of 148.34% and an opening valuation of 34.86 times [5] Group 2: Automotive Industry Developments - Multiple companies are accelerating their layouts to compete in the trillion-level unmanned logistics market, with significant growth in the sector [6][8] - As of 2024, the scale of unmanned delivery vehicles has exceeded 6,000 units, delivering over 100 million orders across more than 100 sub-segments [8] - The unmanned delivery vehicle industry is expected to see a substantial increase in production, with New Stone Technology delivering over 1,000 unmanned vehicles monthly, projecting a monthly delivery of 2,000 units in the second to third quarters of 2025 [9] Group 3: Aviation Industry Insights - The development of China's large aircraft has faced challenges but has ultimately succeeded with the C919, marking a significant milestone in the country's aviation industry [13][14] - The demand for large aircraft is shifting towards the Asia-Pacific region, with China projected to receive 9,323 new aircraft over the next 20 years, representing 21.3% of global deliveries [13] - China Commercial Aircraft Corporation (COMAC) is positioned as a potential disruptor in the duopoly of Boeing and Airbus, benefiting from domestic demand and the successful rollout of the C919 [13][16] Group 4: Non-Banking Financial Sector - The regulatory body is developing evaluation methods for financial services, emphasizing technology finance as a key assessment indicator [15][17] - The evaluation framework includes a scoring system that prioritizes technology-related financing activities, reflecting the regulatory focus on enhancing services for technology enterprises [17] - Recent regulatory changes aim to improve corporate governance among listed companies, promoting better practices and protecting minority investors [17]

Market Sentiment - The current market sentiment score is 53, indicating a "neutral" sentiment [5][8][20] - Historical trends show that when the sentiment score is below or close to 30, the market tends to find support, while scores above 90 may indicate resistance [8] Hot Themes Tracking - **Artificial Intelligence**: OpenAI announced a $6.5 billion acquisition of AI hardware startup io, aiming to launch a revolutionary AI "companion" device with a target of shipping 100 million units by the end of 2026. Related stocks include Rongxin Culture (301231) and Tom Cat (300459) [6] - **Robotics**: The Chinese Academy of Sciences developed a "rigid-flexible coupling" lower limb rehabilitation exoskeleton robot, which shows promise for restoring movement functions in lower limb paralysis patients. Related stocks include Zhenjiang Co. (603507) and Everbright Tongchuang (301387) [6] - **Autonomous Driving**: Tesla is set to launch its long-awaited Robotaxi service on June 12, marking a significant milestone in the company's business transformation around autonomous vehicles and AI. Related stocks include Meili Xin (301307) and Lianchuang Electronics (002036) [6] Capital Flow Analysis - The top ten stocks with the highest net inflow include: - 263.SZ (Erli San) with a net inflow of 504.58 million - 468.SH (Baili Electric) with a net inflow of 395.09 million - 815.SZ (Meili Cloud) with a net inflow of 255.87 million [9] - The top ten stocks with the highest net outflow include: - 639.SZ (Xue Ren Co.) with a net outflow of -486.98 million - 059.SZ (Dongfang Fortune) with a net outflow of -483.72 million - 475.SZ (Lixun Precision) with a net outflow of -440.08 million [11] Industry Insights - The top ten industries with the highest net inflow include: - Medical Biology with a net inflow of 41.91 million - Automotive with a net inflow of 24.07 million - Home Appliances with a net inflow of 19.73 million [18] - The top ten industries with the highest net outflow include: - Medical Biology with a net outflow of -148.86 million - Automotive with a net outflow of -152.62 million - Media with a net outflow of -174.37 million [16][21]

欢迎大家 点击【预约】 按钮 预约 我 下一场直播 本文重点 观点来自： 6 月 3 日本周二直播 【 强 烈建议直接看】 本段视频精华，逻辑更完整 特斯拉正式宣布，将于6月12日在德州奥斯丁启动Robotaxi的试运行，这一时间节点非常关键。结合近 期互联网女王发布的AI趋势报告，我们可以看到无人驾驶出租车业务在旧金山已经得到了实质验证。 漂亮国的Uber和Lyft市场份额正在被谷歌旗下无人驾驶出租车服务Waymo蚕食，尽管两者定价相近，但 消费者对无人驾驶出租车的接受度和需求明显更高，这说明无人驾驶出租车拥有巨大的市场潜力。 Waymo的实践验证了产品可行性，这为整个无人驾驶行业树立了标杆，即"产品需求已验证"。而接下 来，关键就在于如何做大规模复制和扩张。这正是特斯拉的优势所在，特斯拉采用的是纯视觉技术路 线，技术具有高度通用性和复制性，且其数据积累丰富，远超竞争对手。因此，我认为特斯拉很可能正 处于无人驾驶商业化的拐点。 特斯拉先从德州奥斯丁验证技术成熟度，一旦确认成熟，接下来的全国范围扩张将非常迅速。相比 Waymo的技术依赖高成本高清地图和局部适应，特斯拉的纯视觉系统更易推广到不同地区。特斯拉目 ...

2025 年 06 月 06 日 双融日报 --鑫融讯 分析师：万蓉 S1050511020001 wanrong@cfsc.com.cn 市场情绪：68 分（较热） 最近一年大盘走势 资料来源：Wind，华鑫证券研究 -15 -10 -5 0 5 10 15 20 25 (%) 沪深300 相关研究 ▌ 华鑫市场情绪温度指标：（较热） 华鑫市场情绪温度指标显示，昨日市场情绪综合评分为 68 分，市场情绪处于"较热"。历史市场情绪趋势变化可参 考图表 1。 ▌ 热点主题追踪 今日热点主题：人工智能、机器人、无人驾驶 1、人工智能主题：OpenAI 日前宣布以 65 亿美元全股收 购由苹果前首席设计师 JonyIve 创立的 AI 硬件初创公司 io，并计划推出一款革命性的 AI"伴侣"设备，目标在 2026 年底前发货 1 亿台。这款设备旨在成为一款环境感知智能 体，可放置在口袋或书桌上，通过多模态 AI 无缝融入用户日 常生活。相关标的：荣信文化(301231)、汤姆猫(300459) 2、机器人主题：据"中科院之声"消息，中国科学院沈 阳自动化研究所日前研发了一套"刚柔耦合"的下肢多关节 康复外骨骼机器人 ...

Market Sentiment - The current market sentiment score is 72, indicating a "relatively hot" market condition, which suggests increasing investor confidence and potential upward market trends [6][11][22]. Hot Themes Tracking - **Artificial Intelligence**: OpenAI announced a $6.5 billion acquisition of AI hardware startup io, aiming to launch a revolutionary AI "companion" device by the end of 2026, targeting sales of 100 million units. Related stocks include Rongxin Culture (301231) and Tom Cat (300459) [7]. - **Low Carbon**: The State Council recently approved the "Green Low-Carbon Development Action Plan for Manufacturing (2025-2027)," emphasizing the need for green technology innovation and the transformation of traditional industries. Related stocks include Deen Precision (300780) and Antai Technology (000969) [7]. - **Autonomous Driving**: Tesla is set to launch its long-awaited Robotaxi service on June 12, marking a significant milestone in its business transformation around autonomous vehicles and AI. Related stocks include Meilixin (301307) and Lianchuang Electronics (002036) [7]. Capital Flow Analysis - The top ten stocks with the highest net inflow include Huadian Co. (002463) with a net inflow of 539.27 million, followed by Zhongji Xuchuang (300308) with 397.12 million, and Lepu Medical (300003) with 396.68 million [12]. - The top ten stocks with the highest net outflow include Qianhong Pharmaceutical (002550) with a net outflow of -495.85 million, followed by Zhangqu Technology (300315) with -413.92 million, and BYD (002594) with -313.55 million [14][23]. Industry Insights - The top sectors with significant net inflows include Electronics, Communication, and Power Equipment, while sectors like Pharmaceuticals, Defense, and Machinery show notable net outflows [17][18][23].

Group 1 - The market is experiencing a structural bull market, with significant capital flowing from A-shares to Hong Kong stocks, particularly in sectors like pharmaceuticals and consumption [1][5] - Traditional consumption sectors such as liquor and large technology are underperforming, indicating a shift in market sentiment and investment focus [1][5] - The current market is characterized by a lack of new capital inflow, with trading volumes remaining around 1.2 trillion, suggesting a stock game among existing players [3][5] Group 2 - The buying power has decreased despite a broad market rally, indicating a potential risk of profit-taking in the near future [3][5] - The number of stocks hitting the daily limit up has decreased, with only 55 stocks reaching this threshold today, compared to higher numbers in previous days [4][6] - The market is showing signs of weakness despite the apparent strength in stock prices, suggesting that without new capital or themes, the upward momentum may not be sustainable [5][6]