Group 1 - The index tracking smart electric vehicles is expected to represent a significant direction for embodied intelligence, covering various segments of the industry chain including power systems, perception systems, decision systems, execution systems, communication systems, and vehicle production [3] - As of the midday close, the index experienced a fluctuation of 0.5% [4] Group 2 - The ETF managed by E Fund tracks the China Securities Consumer Electronics Theme Index, focusing on AI hardware, which is currently a major category of smart terminal products [5][6] - The index comprises stocks of companies involved in component production, complete machine brand design, and manufacturing related to consumer electronics [6] - As of the midday close, this index saw a fluctuation of 0.3% [7]

资料显示，小鹏汽车有限公司是中国领先的智能电动汽车公司,设计、开发、制造及营销吸引庞大且不 断增长的热衷科技的中产阶层消费者的智能电动汽车。其使命为通过科技驱动智能电动汽车的变革,引 领未来出行方式。为优化客户的出行体验,小鹏汽车自主研发其全栈式智能辅助驾驶技术和车载智能操 作系统,以及包括动力总成和电子电气架构在内的核心车辆系统。小鹏汽车总部位于中国广州,并在北 京、上海、硅谷、圣地亚哥和阿姆斯特丹设有主要办事处。本公司的智能电动汽车主要于广东省肇庆市 和广州市的工厂生产。 本文源自：金融界 作者：行情君 大事提醒： 8月19日，小鹏汽车将披露2025财年中报（数据来源于纳斯达克官网，预计披露日期为美国当地时间， 实际披露日期以公司公告为准）。 8月5日，小鹏汽车(XPEV)开盘上涨2.65%，截至21:30，报19.36美元/股，成交771.65万美元，总市值 184.55亿美元。 财务数据显示，截至2025年03月31日，小鹏汽车收入总额158.11亿人民币，同比增长141.45%；归母净 利润-6.64亿人民币，同比增长51.45%。 ...

8月19日，小鹏汽车将披露2025财年中报（数据来源于纳斯达克官网，预计披露日期为美国当地时间， 实际披露日期以公司公告为准）。 资料显示，小鹏汽车有限公司是中国领先的智能电动汽车公司,设计、开发、制造及营销吸引庞大且不 断增长的热衷科技的中产阶层消费者的智能电动汽车。其使命为通过科技驱动智能电动汽车的变革,引 领未来出行方式。为优化客户的出行体验,小鹏汽车自主研发其全栈式智能辅助驾驶技术和车载智能操 作系统,以及包括动力总成和电子电气架构在内的核心车辆系统。小鹏汽车总部位于中国广州,并在北 京、上海、硅谷、圣地亚哥和阿姆斯特丹设有主要办事处。本公司的智能电动汽车主要于广东省肇庆市 和广州市的工厂生产。 本文源自金融界 8月4日，小鹏汽车(XPEV)盘中上涨3.19%，截至22:00，报18.625美元/股，成交2615.56万美元，总市值 177.54亿美元。 财务数据显示，截至2025年03月31日，小鹏汽车收入总额158.11亿人民币，同比增长141.45%；归母净 利润-6.64亿人民币，同比增长51.45%。 大事提醒： ...

Macro Economic Group - In July, the seasonally adjusted non-farm employment in the US increased by 73,000, the lowest level in nine months, with a downward revision of the previous two months' figures totaling a decrease of 258,000 jobs [2][4] - The unemployment rate in July was 4.2%, matching expectations, while the labor force participation rate was 62.2%, slightly down from the previous month [2][4] - Average hourly wages increased by 3.9% year-on-year in July, slightly above expectations, indicating ongoing wage pressures in the labor market [2][4] Advanced Manufacturing Group - Xiangfenghua, a company specializing in lithium battery anode materials, reported a revenue of 688 million yuan in the first half of 2025, a decrease of 2.8% year-on-year, with a net loss of 2.95 million yuan, down 107.7% [12] - The decline in revenue is attributed to oversupply in the market and intensified competition, leading to a drop in product prices [12] - The overall capacity utilization in the lithium battery anode materials industry is around 60%, indicating severe structural overcapacity and heightened competition [12] Automotive Industry Group - Major automotive companies such as Mercedes-Benz, BMW, and Volkswagen reported significant declines in their half-year performance, with Mercedes-Benz's sales revenue dropping by 8.6% to 72.6 billion euros [13] - The performance decline is attributed to US tariffs and fierce competition in the Chinese market, highlighting a shift in market dynamics where Chinese automakers are increasingly competitive [13] - New energy vehicle manufacturers like XPeng and Leap Motor reported substantial sales growth, with XPeng delivering 36,717 vehicles in July, a year-on-year increase of 229% [14] Consumer Electronics Group - XGIMI Technology expects a significant improvement in its half-year performance, with projected revenue of 1.626 billion yuan, a year-on-year increase of 1.63%, and a net profit of 88.66 million yuan, up 2062.33% [16] - The growth is driven by cost reduction and efficiency improvements, alongside successful product launches and expansion into overseas markets [16] - The company is also diversifying its business by entering the vehicle-mounted and commercial sectors, supporting its growth strategy [16]

Group 1 - The Guozheng Robotics Industry Index increased by 1.5% at midday, while the CSI Intelligent Electric Vehicle Index decreased by 0.2%, the CSI Consumer Electronics Theme Index fell by 0.3%, and the CSI Internet of Things Theme Index dropped by 0.4% [1] - The EasyOne ETF for robotics saw a net subscription of 17 million units by midday [1] Group 2 - The CSI Intelligent Electric Vehicle Index focuses on smart electric vehicles, which are expected to represent a significant direction for embodied intelligence, covering various industry chain segments including power systems, perception systems, decision systems, execution systems, communication systems, and vehicle production [4] - The CSI Consumer Electronics Theme Index tracks AI hardware, which is currently a major category of smart terminal products, involving companies related to component production, complete machine brand design, and manufacturing [7]

Core Insights - NIO has achieved a significant milestone by delivering its 1000th vehicle in Xinfutown, Shandong Province, which has a population of only 80,000, highlighting the density of ownership in the area [1][3] Group 1: Delivery Milestone - The delivery event in Xinfutown marks a transformation from having only six NIO users in early 2019 to 1000 users by 2025, showcasing rapid growth in the region [4] - The delivery ceremony was attended by 17 NIO car owners, who expressed their joy during the event, indicating strong community engagement [7] Group 2: Charging Infrastructure - NIO has established four different generations of battery swap stations in Xinfutown, enhancing convenience for local users [11] - The first battery swap station was launched in September 2020, followed by additional stations in October 2022 and April 2023, culminating in a comprehensive energy service system [11] Group 3: Brand Development - The growth of NIO in Xinfutown reflects the company's overall development and the broader trends in the domestic new energy vehicle market [13] - NIO's commitment to user-centric principles has fostered a vibrant community, suggesting potential for the emergence of more unique "NIO towns" in the future [13] Group 4: Future Outlook - NIO aims to continue its journey of sustainable mobility through high-performance products and comprehensive energy service systems, with expectations for further user engagement and community building [15]

Market Performance - The CSI Consumer Electronics Index decreased by 0.5%, the CSI IoT Index fell by 0.7%, the National Robot Industry Index dropped by 2.3%, and the CSI Smart Electric Vehicle Index declined by 4.5% this week [1] - The E Fund Robot ETF (159530) saw a net inflow of 130 million yuan this week, ranking first among all robot ETFs in the market [1] Market Forecast - IDC predicts that the global robot market will exceed 400 billion USD by 2029, with China accounting for nearly half of this market [1] - In 2024, the global shipment of commercial service robots is expected to surpass 100,000 units, with Chinese manufacturers holding an 84.7% market share [1] - IDC highlights that embodied intelligent robots are a significant direction for the development of robot intelligence, catering to diverse and complex application scenarios [1] Index Valuation - The rolling price-to-sales ratios for the indices are as follows: National Robot Industry Index at 4.7x, CSI Smart Electric Vehicle Index at 26.0x, CSI Consumer Electronics Index at 47.1x, and CSI IoT Index at 27.2x [2] - The valuation percentiles indicate that the National Robot Industry Index is at the 98.5th percentile, the CSI Smart Electric Vehicle Index at the 64.3rd percentile, the CSI Consumer Electronics Index at the 83.9th percentile, and the CSI IoT Index at the 21.5th percentile [2] Sector Insights - The National Robot Industry Index consists of humanoid, industrial, and service robots, with humanoid robots making up 53%, service robots 17%, and industrial robots 30% [4] - The CSI Smart Electric Vehicle Index focuses on smart electric vehicles, which are expected to be a representative direction for embodied intelligence, covering various segments of the industry chain [5] - The CSI Consumer Electronics Index emphasizes AI hardware, which is currently the main category of smart terminal products, including companies involved in component production and complete product design [6] - The CSI IoT Index focuses on the Internet of Things, which is essential for achieving connectivity among smart terminals, comprising companies involved in information collection, transmission, and IoT applications [7]

自願公告 2025年7月交付更新資料 於2025年8月1日 － 全球智能電動汽車市場的先驅及領跑者蔚來集團（紐交所： NIO；港交所：9866；新交所：NIO）（「蔚來」或「本公司」）今日宣佈其於2025年7 月的交付結果。 本公司於2025年7月交付21,017輛汽車。有關交付包括本公司旗下蔚來品牌的高 端智能電動汽車12,675輛，樂道品牌的家庭智能電動汽車5,976輛，以及螢火蟲品 牌的智能電動高端小車2,366輛。截至2025年7月31日，本公司累計汽車交付量達 806,731輛。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 根據不同投票權架構，我們的股本包括A類普通股及C類普通股。對於提呈我們股東大會的任 何決議案，A類普通股持有人每股可投一票，而C類普通股持有人則每股可投八票，惟法律或 《香港聯合交易所有限公司證券上市規則》或我們的組織章程大綱及細則另行規定者除外。股東 及有意投資者務請留意投資不同投票權架構公司的潛在風險。我們的美國存 ...

雷军最新发声！ 8月1日上午，雷军发布微博消息称，2025年7月，小米汽车交付量超过30000台，并感谢大 家的选择与支持。 小米集团公关部总经理王化 亦发布微博称， " （这是） 值得记住的时间点" 。 对此，大量网友纷纷留言互动。除祝贺之外，也有网友在线"催产能"，希望尽早提车。 这是小米汽车成立以来，首次月度交付量突破3万台。据小米汽车官微数据，2025年6月交付 量超过25000台，2025年5月交付量超过28000台，2025年3月交付量超29000台。 7月10日，小米汽车称，交付量已超过30万台。"上市15个月，完成30万交付，感谢车主朋 友们的信任。我们将持续努力，十倍投入造一台好车。" 据了解，小米汽车于2024年4月开启首批交付，仅用七个半月时间便在2024年11月达成首个 10万辆交付里程碑。此后，小米汽车交付速度显著提升，从10万辆到20万辆仅耗时四个月。 进入2025年后，小米汽车持续保持强劲增长势头。在今年5月的小米15周年战略新品发布会 上，雷军透露小米SU7系列累计交付量已突破25.8万台。 此前，小米汽车预计2025年全年交付目标为30万台。今年3月，雷军表示，小米汽车一直在 ...

Core Insights - In July 2025, the company achieved a new monthly delivery record of 36,700 smart electric vehicles, representing a year-on-year growth of 229% [1] - The company has delivered over 800,000 vehicles cumulatively as of July 2025, with 233,900 vehicles delivered in the first seven months of 2025, marking a 270% increase compared to the same period last year [1] - The company launched the 2025 models of the G6 and G9 in the European market in mid-July 2025 and plans to introduce the P7+ in Europe soon [1] - The company has expanded its presence to 46 countries and regions globally [1] - The monthly active user penetration rate for the company's smart navigation assisted driving (XNGP) in urban driving reached 86% in July 2025 [1]