Group 1: IPO and Market Activity - Yushu Technology plans to submit an IPO application to the Chinese stock exchange between October and December, with quadruped and humanoid robots expected to account for 65% and 30% of 2024 sales respectively [1] - In August, A-share new account openings reached 2.65 million, a year-on-year increase of 165% and a month-on-month increase of 34.97% [2] - The robot sector saw a surge in stock prices following rumors of Tesla's optimistic production guidance for its robot supply chain, leading to a significant rally in related stocks [5] Group 2: Policy and Economic Measures - The Ministry of Finance and the State Taxation Administration announced tax incentives for the transfer of state-owned equity and cash income to support the social security fund, effective retroactively from April 1, 2024 [3] - The Chinese government will implement a visa-free policy for Russian passport holders from September 15, 2025, to September 14, 2026, facilitating business and tourism [4] - Zhejiang Shaoxing introduced a consumption policy that provides tiered subsidies for hosting banquets in hotels based on the number of tables and total expenditure [7] Group 3: Market Trends and Performance - The innovative drug sector saw a notable rise, with the leading stock, BeiGene, increasing by nearly 8.3% and reaching a new historical high [6] - In the past five days, 21 stocks with a market capitalization exceeding 100 billion yuan rose over 10%, with Tianfu Communication leading at a 37.57% increase [7] - The new energy vehicle market is projected to see a wholesale volume of 1.3 million units in August, a 24% year-on-year increase, with expectations for further growth in September [13] Group 4: International Market Developments - Tesla's "Master Plan Part IV" emphasizes a strategic shift towards artificial intelligence and robotics, with expectations that 80% of its future value will come from its robot, Optimus [10] - The cryptocurrency market experienced significant volatility, with over 130,000 liquidations and a market-wide loss exceeding $400 million in 24 hours [11]

Group 1: Market Overview - On September 2, A-shares experienced a collective pullback, with the Shanghai Composite Index closing down 0.45%, while market trading remained active with a turnover exceeding 2.87 trillion yuan [1] - The robotics sector saw significant movement in the afternoon, with several stocks including Top Group, Zhejiang Rongtai, Qin Chuan Machine Tool, and Longxi Co. quickly hitting the daily limit, and Aowei New Materials achieving a 20% limit up [1] Group 2: Company Performance - According to Xinhua Finance, leading companies in the robotics sector by market capitalization include Huichuan Technology, Sanhua Intelligent Control, and Top Group, all with market values exceeding 100 billion yuan [1] - In the first half of 2025, Sanhua Intelligent Control reported revenue of 16.3 billion yuan, a year-on-year increase of 18.91%, and a net profit of 2.11 billion yuan, up 39.31% year-on-year [2] - Top Group achieved revenue of 12.9 billion yuan in the first half of 2025, reflecting a year-on-year growth of 5.83%, while net profit decreased by 11.08% [3] Group 3: Business Focus and Strategy - Sanhua Intelligent Control is leveraging its expertise in motor manufacturing to enter the robotics electromechanical actuator market, aiming for a new growth trajectory [2] - The company has established a dedicated robotics division and is optimistic about the development prospects of robotics as a major application of AI [2] - Top Group is focusing on the robotics actuator business, emphasizing its competitive advantages and rapid project progress in developing various robotic components [3] Group 4: Future Outlook - Sanhua Intelligent Control's humanoid robot business is expected to significantly enhance its performance, with plans to achieve a target of 1 million units in five years [2] - Top Group is developing a dual industry model combining smart automotive and robotics components, with plans for new production lines for electric drive systems [3]

证券日报网讯 9月2日晚间，禾川科技发布公告称，公司子公司浙江禾川人形机器人有限公司少数股东 王志斌先生持有禾川机器人40%的股权，现王志斌拟将持有的禾川机器人13%的股权作价150万元转让 给宁波游龙创业投资合伙企业（有限合伙），并由宁波游龙履行对应股权实缴出资义务。根据《上海证 券交易所科创板股票上市规则》等相关规定，基于实际重于形式原则，宁波游龙属于公司关联方，本次 股权转让形成公司与关联方共同投资的关联交易。上述股权转让完成后，禾川科技将与关联方宁波游龙 共同持有子公司禾川机器人的股权。 （文章来源：证券日报） ...

AI闹 . 和我们一起发现AI时代最重要的创造者 本文来自微信公众号： AI闹 ，作者：AI闹，原文标题：《AI投资中场战事：人才战、信仰分歧和超级机遇》，题图来自：AI生成 以下文章来源于AI闹 ，作者AI闹 半个月内，京东成了具身智能近期最大买家。 7月到8月，刘强东拍板，京东在极短时间窗口内连续扫货，把头部公司见了个遍。从5月底出手智元机器人开始，到这一波连续投千寻智 能、逐际动力、众擎机器人、RoboScience、帕西尼。 其中千寻、逐际河众擎三家，甚至是在同一天宣布完成交易。战火密集到让人来不及反应。 表面看来，京东的故事符合一个标准答案：智能机器人是下一波智能汽车级别的巨大浪潮，而京东必须抢占这个入口。宇树 Go2 具身机器 狗在京东平台上一个月就能卖2000只，具身的消费端才刚刚起步。 但也有一种市场观点，认为以上逻辑更像是"内部汇报版本"。老刘要投具身，团队要有落地页，必须找一个合理的说法。 真正的原因不得而知。 或许和同行有关。毕竟美团在具身及相关产业链上的布局甚早，大大小小已近30家。 无论如何，京东正在通过激进投资具身智能，全力提升自身科技标签中的AI成色。 而这只是2025 年中国A ...

Core Insights - The article discusses the emergence of Vision-Language-Action (VLA) models based on large Vision-Language Models (VLMs) as a transformative paradigm in robotic manipulation, addressing the limitations of traditional methods in unstructured environments [1][4][5] - It highlights the need for a structured classification framework to mitigate research fragmentation in the rapidly evolving VLA field [2] Group 1: New Paradigm in Robotic Manipulation - Robotic manipulation is a core challenge at the intersection of robotics and embodied AI, requiring deep understanding of visual and semantic cues in complex environments [4] - Traditional methods rely on predefined control strategies, which struggle in unstructured real-world scenarios, revealing limitations in scalability and generalization [4][5] - The advent of large VLMs has provided a revolutionary approach, enabling robots to interpret high-level human instructions and generalize to unseen objects and scenes [5][10] Group 2: VLA Model Definition and Classification - VLA models are defined as systems that utilize a large VLM to understand visual observations and natural language instructions, followed by a reasoning process that generates robotic actions [6][7] - VLA models are categorized into two main types: Monolithic Models and Hierarchical Models, each with distinct architectures and functionalities [7][8] Group 3: Monolithic Models - Monolithic VLA models can be implemented in single-system or dual-system architectures, integrating perception and action generation into a unified framework [14][15] - Single-system models process all modalities together, while dual-system models separate reflective reasoning from reactive behavior, enhancing efficiency [15][16] Group 4: Hierarchical Models - Hierarchical models consist of a planner and a policy, allowing for independent operation and modular design, which enhances flexibility in task execution [43] - These models can be further divided into Planner-Only and Planner+Policy categories, with the former focusing solely on planning and the latter integrating action execution [43][44] Group 5: Advancements in VLA Models - Recent advancements in VLA models include enhancements in perception modalities, such as 3D and 4D perception, as well as the integration of tactile and auditory information [22][23][24] - Efforts to improve reasoning capabilities and generalization abilities are crucial for enabling VLA models to perform complex tasks in diverse environments [25][26] Group 6: Performance Optimization - Performance optimization in VLA models focuses on enhancing inference efficiency through architectural adjustments, parameter optimization, and inference acceleration techniques [28][29][30] - Dual-system models have emerged to balance deep reasoning with real-time action generation, facilitating smoother deployment in real-world scenarios [35] Group 7: Future Directions - Future research directions include the integration of memory mechanisms, 4D perception, efficient adaptation, and multi-agent collaboration to further enhance VLA model capabilities [1][6]

9月2日，记者从外滩大会组委会召开的媒体沟通会上了解到，"2025 Inclusion·外滩大会"将于9月10日至13日在上海黄浦世博园区举行。本届大会以"重 塑创新增长"为主题，汇聚全球科技领袖、青年科学家、创业者及科技爱好者，共同呈现一场开放、多元、前瞻的科技嘉年华。 （余继超 摄） 大会精心策划了一系列精彩活动，包括1场开幕主论坛、40余场开放见解论坛、18场创新者舞台、3场AI科创系列赛事，并首次设立创投Meetup、5000 平方米的"机器人小镇"，同时升级了1万平方米的科技主题展以及科技人才招聘会等活动。 众多AI科技人才成为大会主力 本届外滩大会邀请到16位院士和图灵奖得主，以及550多位行业专家和企业领袖，带来40多场思想盛宴。嘉宾包括强化学习之父、图灵奖得主理查德·萨 顿（Richard Sutton），高性能计算领域的先驱、图灵奖得主杰克·唐加拉（Jack Dongarra），《人类简史》作者尤瓦尔·赫拉利（Yuval Noah Harari），中国工 程院院士王坚、郑庆华、夏强，中国科学院院士陈子江等。 众多年轻AI科技人才成为本次大会的主力，近百位AI科学家、科技企业创始人、CEO等齐 ...

Core Insights - Tesla's "Master Plan Part IV" emphasizes the integration of AI into physical products and services through robotics and automation, aiming for a sustainable and prosperous future [1][2] - Elon Musk stated that approximately 80% of Tesla's value will derive from the Optimus robot, highlighting its significance alongside the expansion of Tesla's full self-driving software [1][2] Summary by Sections Introduction - Tesla's guiding principle since its inception has been to achieve unrestricted sustainability without compromise, with a new mission to bring AI into the physical world [1] - The plan outlines five guiding principles: infinite growth, innovation eliminating limitations, using technology to solve real problems, automation benefiting humanity, and broader accessibility leading to greater growth [1][2] Key Principles - **Infinite Growth**: Growth in one area does not necessitate decline in another; resource scarcity can be addressed through technological advancements [1] - **Innovation Eliminating Limitations**: Tesla has historically challenged norms, such as the transition from fossil fuel vehicles to electric ones, proving the feasibility of low-cost battery production [1] - **Using Technology to Solve Real Problems**: Each Tesla product aims to be more efficient and sustainable than its predecessor, with the Optimus robot redefining labor and enabling humans to focus on preferred activities [1] - **Automation Benefiting Humanity**: The development of autonomous driving should enhance human living conditions, with Musk envisioning a transition from a "pre-autonomous" to a "post-autonomous" world [1] - **Broader Accessibility Leading to Greater Growth**: To create a prosperous society, Tesla aims to produce advanced products that are affordable and scalable, expanding its business from clean energy to intelligent systems that enhance labor and mobility [2] Conclusion - The plan concludes with a vision of tools that will help build a sustainable and prosperous world, redefining labor, mobility, and energy to benefit all [3] Reactions - Media and public reactions to the plan have been mixed, with some praising its ambitious vision while others criticize it as utopian and lacking clarity compared to previous plans [5][6]

Core Viewpoint - The company emphasizes the importance of R&D in PEEK modified materials and has developed key polymer material solutions for lightweight bionic skeletons, self-lubricating joint bearings, and high-temperature motor housings [1] Group 1: R&D and Material Development - The company has organized a dedicated R&D team to tackle challenges in PEEK modified materials, resulting in the development of PEEK-CF50, PEEK-SL20, and PEEK-HT300 [1] - Innovations include the addition of 50% carbon fiber, PTFE + graphite, and ceramic fiber + carbon fiber to enhance material performance, achieving characteristics such as lightweight, self-lubrication, and high-temperature resistance [1] Group 2: Business Strategy and Collaborations - By the first half of 2025, the company plans to leverage its advantages in automotive injection mold R&D, design, and manufacturing, and actively engage in technical cooperation with domestic humanoid robot companies [1] - Currently, the company is developing supporting products for a leading domestic humanoid robot company, with the R&D project progressing steadily as planned [1]

Group 1 - The core focus of Tesla is shifting from its automotive business to the development of humanoid robots, with CEO Elon Musk stating that approximately 80% of the company's future value will come from the Optimus robot [1] - Tesla's Master Plan Part IV emphasizes the integration of artificial intelligence into products and services, aiming to create a sustainable and prosperous future [1] - The release of Master Plan Part IV marks a strategic shift for Tesla, moving away from electric vehicles and energy towards artificial intelligence and robotics [1] Group 2 - Despite the strategic shift, Tesla's electric vehicle sales have been declining in multiple markets, with a reported 4% year-on-year decrease in wholesale sales in China for August [2] - In California, Tesla's electric vehicle registrations fell by 21.1% in Q2, marking the seventh consecutive quarter of decline, which is critical as California accounts for over 30% of the U.S. zero-emission vehicle registrations [3] - In Europe, Tesla's sales have also been weak, with a reported 84% year-on-year drop in vehicle registrations in Sweden for August and a 47.3% decline in France during the same period [3]

A股复盘 | 明天千股涨停？ / 2025.09.02 昨天和群友打赌，他说今天冲击3900，我押的是冲不了一点！果然，早晨四千家待涨。 需要找原因吗？ 是要我们"为之买单"吓得？还是招商策略会的魔咒？ 是集体抢跑还是为明天拉升做准备？ 望这一轮牛市会是慢牛;另一方面,人们多少又 希望牛市的步伐略微快一点，以吸引更多资金入 市,对实体经济发挥更好的拉动作用。 慢牛也罢,快牛也罢,牛市总是值得人们欢迎 的,这不仅仅是对股市投资者而言。中国经济的 进一步回升需要一场牛市来提振人心,需要一个 交投畅旺、资金面充沛和资源配置效率提升的资 本市场来助推经济结构转型和新引擎、新动能的 加速培育。比慢牛和快牛更抓人眼球的是,这一 轮牛市中科技板块表现亮眼,振奋人心,人们甚 至开始用"科技牛"来形容这一轮股市上涨及其背 后的推手。 对标美西方科技巨头,我们需要一个科技牛市来 川上川 四九 モダもチニステニスナイズ アレイナ 在这里发表评论 .... a o save a 总之，有些板块确实存在泡沫，需要调整一下子！ 仁桥资产直接指出，从业绩趋势上看，无论是光模块、服务器还是PCB，当前都处在不错的状态，似乎都在加速，但整个板 ...