Market Overview - The market rebounded with the Hang Seng Index closing up 0.37% following a stabilizing meeting [1] - The Federal Reserve maintained the benchmark interest rate at 4.25%-4.50%, marking the third consecutive meeting without a change [1] - President Trump announced a significant trade agreement with a respected country, likely the UK, which may positively impact the US stock market [1][2] Trade Agreements - The trade agreement with the UK is not a traditional free trade agreement but rather a specific agreement to lower tariffs on certain goods [2] - The agreement is expected to stimulate the US stock market, despite uncertainties regarding Trump's adherence to future agreements [2] Technology Sector - The Trump administration plans to revoke AI chip restrictions from the Biden era, which faced opposition from tech companies and foreign governments [3] - This policy change is anticipated to benefit companies like NVIDIA, which saw a stock increase of over 3% [3] Geopolitical Tensions - Ongoing India-Pakistan conflict has led to significant market reactions, with the KSE-30 index in Pakistan dropping 7.2% due to economic instability [4] - India's recent trade agreement with the UK may provide some economic buffer, but ongoing military tensions could lead to capital flight [5] Pharmaceutical Sector - Following Trump's executive order to promote domestic drug production, the pharmaceutical sector experienced a significant drop but rebounded as the market adjusted to potential limitations on import tariffs [6] - The US relies heavily on imported raw materials for pharmaceuticals, with over 80% dependence, primarily from China [6] Automotive Sector - Great Wall Motors reported a 7% decline in total revenue for Q1, but April sales showed a recovery with a 5.55% year-on-year increase [9] - The company is focusing on new energy vehicles, with a notable 28.42% increase in sales for April [9][10] - The launch of new models and promotional activities are expected to drive future sales growth [10] Emerging Markets - The Chinese autonomous taxi market is projected to grow significantly, with Goldman Sachs predicting 500,000 Robotaxis by 2030 and a market size of $47 billion by 2035 [8] - Early entrants in this market, such as Pony.ai and WeRide, are expected to benefit from favorable regulatory conditions and consumer acceptance [8]

《商道创投网》2025年5月8日从官方获悉：低速无人驾驶公司白犀牛近日完成了由顺丰领投，鑫源汽车与老股东线性资本跟投的2亿元B轮融资。 《商道创投网》创投家会员·本轮投资原因是什么？ 《商道创投网》创业家会员·单位简介 白犀牛成立于2019年4月，由前百度自动驾驶团队成员朱磊和夏添共同创立，是一家专注于研发全栈式无人配送解决方案并提供常态化运营的自动驾驶公 司。其核心业务聚焦于物流领域的无人配送，特别是快递网点到驿站的短途运输。白犀牛的技术亮点在于其无人车能够在复杂路况下安全行驶，且具备大模 型等先进技术，使其在雨天雾天等恶劣天气下仍能完成高难度配送任务。 《商道创投网》创业家会员·本轮融资用途是什么？ 白犀牛CEO朱磊表示，本轮融资将主要用于新的低速无人车产品开发以及现有产品的市场推广。朱磊强调，无人配送车作为生产力工具，其日活量才是衡 量价值的关键指标。白犀牛将利用本轮融资进一步提升无人车的日活量，优化产品性能，并加速其在物流行业的商业化落地，目标是到2026年实现无人配送 车日活量达到5000台。 顺丰相关负责人表示，投资白犀牛是基于其在低速无人驾驶领域的技术实力和市场潜力。白犀牛的无人车产品已经在顺丰 ...

Group 1 - The first "four-in-one" low-altitude manned flying vehicle has successfully completed a test flight in Hefei, marking a significant milestone in the development of unmanned aerial vehicles (UAVs) in China [2][3] - The "EH216-S," produced by EHang Intelligent Technology Co., is the world's first low-altitude manned flying vehicle to obtain all four necessary certifications: Type Certificate (TC), Standard Airworthiness Certificate (AC), Production Certificate (PC), and Operational Certificate (OC) [3][12] - The issuance of the first operational certificates for manned UAVs signifies the official launch of large-scale commercial applications in low-altitude flying [3][12] Group 2 - The National Development and Reform Commission (NDRC) has released the "Market Access Negative List (2025 Edition)," reducing the number of items from 117 to 106, which aims to optimize the market access environment for new industries and technologies [2] - Hefei has established over 30 temporary takeoff and landing points for various flying vehicles and UAVs, and has become home to the world's first unmanned boat super factory, indicating a robust infrastructure for the UAV industry [5][6] - The International Advanced Technology Application Promotion Center in Hefei is focused on integrating innovation chains and industrial chains, promoting the development of a comprehensive unmanned system that includes air, land, and sea applications [4][5] Group 3 - The city of Guangzhou has been proactive in the development of autonomous driving technology, with the establishment of the first operational licenses for autonomous taxis and the launch of the seventh-generation autonomous driving system, which is based on automotive-grade chips [10][11] - The market for urban air mobility is projected to reach $1.5 trillion by 2035, with China expected to account for over 30% of this market, highlighting the significant growth potential in the UAV sector [12] - The low-altitude economy in China is anticipated to reach a trillion-dollar scale by 2030, driven by advancements in UAV technology and infrastructure [12]

Group 1 - Waymo plans to expand its autonomous taxi service to Atlanta, Miami, and Washington D.C. by 2026, in collaboration with Magna to build a new autonomous vehicle factory in Phoenix [1] - The launch of the "Benyuan Tianji 4.0," a fourth-generation quantum computing measurement and control system in China, supports over 500 quantum bits, indicating a significant advancement in the country's quantum computing industry [1] - SK Hynix has overtaken Samsung to become the global leader in the DRAM market with a market share of 36.7% in Q1 2025, driven by AI server demand and a recovery in PC and mobile demand [1] Group 2 - TrendForce reports that China accounts for over half of the global increase in industrial robot installations, highlighting its cost advantages in deploying smart factories, although high deployment costs may hinder widespread adoption [1] - The Ministry of Industry and Information Technology and the National Standardization Administration of China have released the 2024 version of the National Intelligent Manufacturing Standard System Construction Guide, focusing on the integration of AI and manufacturing [1]

Group 1 - The core viewpoint emphasizes the importance of maintaining a calm and steady approach in the development of technology and new industries, avoiding short-term gains and fostering long-term growth [1][3][5] - The fifth China International Consumer Products Expo introduced a new consumer technology exhibition area showcasing advanced technologies such as humanoid robots and unmanned aerial vehicles, indicating a shift towards innovative consumer experiences [1][2] - Companies like Yihang Intelligent are focusing on practical challenges in the development of air taxis, highlighting the need for comprehensive solutions and gradual progress in emerging industries [4][5] Group 2 - The government plays a crucial role in supporting emerging industries by providing strategic stability and fostering a conducive environment for growth, as seen in the policies supporting companies like iFlytek and Yihang Intelligent [5] - The recent expo facilitated 52 signed agreements worth approximately 92 billion yuan, showcasing the potential for economic growth despite global uncertainties [5]

Group 1 - The Hang Seng Index closed up by 2.37%, while the Hang Seng Tech Index increased by 3.07% [1] - The Hong Kong Tech ETF (159751) rose by 3.55%, and the Hang Seng Hong Kong Stock Connect ETF (159318) increased by 2.09% [1] - The robotics and autonomous driving sectors led the gains, while gold and non-ferrous metals sectors experienced declines [1] Group 2 - Companies such as Yujian, UBTECH, and Horizon Robotics saw their stock prices rise by over 10% [1] - Chifeng Jilong Gold Mining (600988) and Shandong Gold Mining (600547) both fell by more than 10% [1] - A-share accounts can now buy Hong Kong stocks on a T+0 basis without the need for Hong Kong Stock Connect [1]

ZEROP 25 | 投资界 评委嘉宾发言:VENTURE50评委嘉宾分享评选故事 14:45-15:00 企业分享:VENTURE50优质上榜企业分享 15:00-16:00 昂坤视觉:专注于光学检测和测量设备的研发及制造 远触智能:国产数字化工业AI产品与服务提供商 中科宇航:研制中大型运载火箭的商业航天企业 踏歌智行:露天矿无人驾驶运输解决方案 中科驭数:专注于DPU研发的科技企业 万思医疗:专注于血管介入手术机器人研发生产 鉴智机器人:以视觉3D理解为核心的自动驾驶系统提供商 *更多企业资料,持续更新中 ..... 16:00-16:30 会后自由交流 6 组织单位 ::: 主办单位:清科创业、投资界 协办单位:沙丘投研院 VENTURE 59 ZEROZIPO 2025VENTURE50 " " 2025年4月22日 中国·北京 地点:北京市朝阳区霄云路40号国航世纪大厦21层 活动议程 | | | (最终议程安排以现场为准) 2025年4月22日(星期二)下午 14:40-14:45 主题分享:VENTURE50二十载,再启新程 (0) 14:00-14:30 果 上一篇： 主持人开场 14:30 ...

星标 ★ IPO日报 精彩文章第一时间推送 4月7日至4月11日，据证监会官网新增披露，珠海富士智能股份有限公司（下称"富士智能"）、芯 耀辉科技股份有限公司（下称"芯耀辉"）、上海西井科技股份有限公司（下称"西井科技"）等3家 公司进行了上市辅导备案。 至此，4月披露的进行上市辅导备案的公司增至7家。 2025年3月5日，富士智能在新三板挂牌，证券代码为873074，股票简称"富士智能"。 公开转让说明书显示，2021年-2023年及2024年前五个月，富士智能的营业收入分别为6.28亿元、5.69亿 元、8.62亿元和3.51亿元， 2022年下滑之后，2023年大幅增长；归母净利润分别为5817万元、2954万 元、3087万元和3266万元，呈现大幅波动的趋势。 2022年-2023年，富士智能的毛利率分别为19.9%、17.3%，净利率分别为5.1%、3.6%。无论是毛利率 还是净利率，公司在2023年均呈现下滑趋势。 股份方面，富士智能股东鲁少洲和董春涛通过直接或间接控制公司的股份比例分别为 31.92%和 31.22%， 合计控制公司 63.14%的股份，相互之间控制的比例较为接近，不属于股权较 ...

Core Viewpoint - The article highlights the recent strategic partnerships of the company "萝卜快跑" in the Middle East, focusing on its expansion into autonomous driving services in Abu Dhabi and Dubai, while also addressing the competitive landscape and growth potential of the autonomous driving industry. Group 1: Strategic Partnerships - On March 29, "萝卜快跑" announced a strategic partnership with Autogo, an autonomous driving company in the UAE, to provide safe, green, and efficient autonomous transportation services in Abu Dhabi [1] - On March 28, "萝卜快跑" signed a strategic cooperation agreement with the Dubai Roads and Transport Authority (RTA) to conduct large-scale testing and services of autonomous driving in Dubai, planning to deploy over 1,000 fully autonomous vehicles [1] Group 2: Service Milestones - As of March this year, "萝卜快跑" has provided over 10 million rides, with a safe driving mileage exceeding 150 million kilometers [3] Group 3: Competitive Landscape - The company faces challenges in the Middle East, including policy, user habits, and localization, requiring the establishment of local operational teams to understand market demands [5] - Competitors in the autonomous driving sector include companies like 文远知行 and 小马智行, which have secured significant partnerships and investments in the region [5] Group 4: Industry Growth Potential - The autonomous driving industry is expected to benefit from technological advancements and policy support, with a broad application outlook and a diverse supply chain involving numerous listed companies [7] - According to Strategy Analytics, global sales of autonomous vehicles are projected to exceed 20 million units by 2030, with China's autonomous driving market experiencing rapid growth, expected to double from 4.14 million units in 2021 to 8.37 million units by 2026 [9]

（原标题：百度，重大宣布！） 百度的萝卜快跑正式驶向海外！ 据百度官方消息，3月28日，萝卜快跑宣布与迪拜道路交通局（RTA）签署战略合作协议，双方计划， 将在迪拜部署超过1000台全无人驾驶汽车。这也是萝卜快跑首次在中国以外的地区开展无人驾驶规模化 测试和服务。 事实上，去年以来，萝卜快跑的出海进程已按下"加速键"。去年11月，萝卜快跑获准在香港开展公开道 路测试，这也是其走向国际市场的第一步。李彦宏在2月的财报电话会上提到，"这是重要的一步，因为 香港是我们的第一个右舵左行地区市场。它展示了我们的自动驾驶适应不同的交通系统的能力，为向具 有类似驾驶规则的市场扩张打下基础。" "出海"之前，萝卜快跑已在国内接受过复杂道路的训练。截至目前，萝卜快跑已经在北京、上海、广 州、深圳、武汉、重庆等十多个城市落地服务。百度财报显示，2024年第四季度，萝卜快跑提供的无人 驾驶订单超过110万单，同比增长36%。2025年3月，萝卜快跑累计为公众提供的出行服务订单超过1000 万单。财报还特别提到，自2025年2月起，萝卜快跑已在中国实现100%全无人驾驶运营，这表示目前萝 卜快跑在国内运营的所有车辆都已不用配备安全员 ...