随即，我把问题甩给了另一个"当红炸子鸡"Deepseek，让它分析一下，宇树可能在哪儿上市。 不过得到的答案是，宇树选择科创板上市的可能性更大，但也不确定，港交所也有可能。因为，宇树已 经完成国际化布局，并且想要吸引全球资本，所以港交所也是一个可选项。此前曾经有过传闻，宇树首 选A股，次选港股。 笔者个人觉得，宇树自己可能也还没想好到底在要在哪儿上。毕竟，现在宇树太红了，交易所都抢着 要，何不待价而沽，谁的条件好，就在哪儿上？ 从交易所层面看，港交所和科创板各有优势。 主笔 | 曾子建 每经编辑|袁东 昨天（9月2日）盘后，宇树科技高调自宣，准备在今年第四季度提交上市申请文件。 相关新闻并未提及宇树科技准备在哪家交易所上市，我的第一反应是，该不会来港交所上市吧？如果真 是这样，那港股的机器人概念股多半还要"燃"起来。 港交所18C章新规，为科技企业提供更多便利，政策上也打开绿灯，支持科技企业赴港上市。而且港股 上市流程更加简单快捷，几乎就是一场"说走就走的旅行"。所以，早在今年4月，创始人王兴兴就已经 提到过，宇树在香港有业务，未来可能在香港上市，但还不确定。其次，如果宇树在港交所上市，面向 全球投资者，更加 ...

4.【LG能源从梅赛德斯-奔驰附属公司赢得75GWh电池订单】根据监管备案文件，LG能源（LG Energy Solutions）与梅赛德斯-奔驰的一家附属公司签署了一项供应75GWh电动汽车电池的协议， 合同期2029年7月30日-2037年3月31日。（科创板日报） 更多智能制造产业资讯 …… 1. 【宇树科技公布沉浸式机器人遥操作专利】9月2日，杭州宇树科技股份有限公司申请的"一种沉浸 式机器人遥操作方法和系统"专利公布。摘要显示，本发明属于机器人遥操作技术领域。现有遥操作 方案，缺乏有效、及时的反馈机制，操作直觉性差，控制精度低，难以胜任复杂、精细的操作任务。 本发明通过构建第一人称映射模型、交互数据采集模型、遥操作处理模型、执行感知模型、沉浸视角 仿真模型，可以对操作者的姿态动作进行实时映射，并生成能够在VR设备中展示的实时响应三维图 像，形成一种有效、及时的第一人称视角的沉浸式反馈机制，可以使操作者仿佛身临其境地执行任 务，提高交互的沉浸性、直观性和自然性，从而可以显著提升操控能力和任务执行效果。（界面新 闻） 2.【马斯克投资的飞行汽车在机场试运营】美国加州圣马特奥一家公司研发的飞行汽车Mode ...

Group 1 - The robotics sector is experiencing fluctuations, with related ETFs receiving significant capital inflows, as evidenced by the E Fund Robotics ETF (159530) seeing a net subscription of over 150 million shares by 10:45 AM, and a net inflow of over 300 million yuan yesterday, bringing its total size to approximately 6.4 billion yuan, a record high since its inception [1] - Yushu Technology announced plans to submit its listing application documents between October and December 2025, with its 2024 revenue structure projected to consist of approximately 65% from quadruped robots, 30% from humanoid robots, and 5% from component products, indicating a strong focus on research, education, and consumer applications [1] - China Galaxy Securities believes that humanoid robots in China are in a phase of accelerated development, supported by detailed policies and encouragement measures over the past decade, advancements in technology, and active participation from traditional manufacturers and startups [1] Group 2 - The Guozheng Robotics Industry Index emphasizes humanoid robots and core components, with related stocks accounting for nearly 80%, making it a leading index for "humanoid content" among ETFs [2] - The E Fund Robotics ETF (159530) ranks first among products tracking this index, providing investors with a streamlined opportunity to invest in the growth of humanoid robots [2]

Core Viewpoint - The market is experiencing a slight pullback with significant declines in technology stocks, indicating a rotation between high and low-performing sectors [1][4]. Market Outlook - Increased volatility is expected in early September, but it will not affect the mid-term market trend. After a continuous rise in August, the market is facing some divergence as it approaches the 3900-point mark, leading to potential profit-taking and a need for re-evaluation of leading sectors [2]. - The Shanghai Composite Index has surpassed its previous peak of 3731 points from 2021, while other major indices like CSI 300 and ChiNext still have room for catch-up [2]. Hot Sectors - In September, the technology sector may see internal differentiation, with low-performing sectors like robotics, new energy, and military potentially experiencing a rebound. Traditional industries such as finance and consumer goods also have opportunities for recovery [3]. - Key trends to watch include: 1. The ongoing trend of robot localization and integration into daily life, with potential catalysts from updates in Tesla's humanoid robot [3]. 2. The push for semiconductor localization, focusing on semiconductor equipment, wafer manufacturing, materials, and IC design [3]. 3. Expectations of order recovery in the military sector by 2025, with signs of bottoming out in mid-term performance [3]. 4. The innovative drug sector is anticipated to reach a turning point in fundamentals by 2025 after several years of adjustment [3]. 5. The banking sector is seeing a rebound in mid-term performance after initial impacts from loan rate re-pricing, attracting long-term institutional investors due to appealing dividend yields [3].

Group 1 - The A-share market showed mixed performance on September 3, with the Shanghai Composite Index down by 0.61%, while sectors such as comprehensive, electric equipment, and media saw gains, and defense, military, and non-bank financial sectors experienced declines [1] - The machine tool sector exhibited a mixed performance, with the Machine Tool ETF (159663.SZ) down by 1.68%. Notable gainers included Hengjin Induction up by 4.68%, Haimeixing up by 4.55%, and Qinchuan Machine Tool up by 3.87%, while Huachen Equipment and Zhejiang Haideman saw declines of 5.75% and 4.93% respectively [1] - IDC recently released a forecast predicting that the global robot market will exceed $400 billion by 2029, with China expected to account for nearly half of this market [1] Group 2 - Dongwu Securities highlighted that Nvidia is increasing its focus on humanoid robots and large models, with Tesla's Gen3 expected to be finalized between October and November, aiming for mass production in early 2026 and a target of 1 million units by 2030 [1] - The humanoid sector is anticipated to see rapid advancements in products, orders, and capital, with 2025-2026 expected to be a year of mass production both domestically and internationally, leading to a positive outlook for the humanoid sector and its core supply chain [1] - The Machine Tool ETF (159663) closely tracks the China Machine Tool Index, which encompasses critical areas of high-end equipment manufacturing, including laser equipment, machine tools, robots, and industrial control equipment, representing a core area for innovation-driven industrial upgrades [2]

摩通指出，人形机器人商业化及规模化速度前所未见，优必选的人形机器人月产能目前提升至300台， 目标今年交付超过500台，相当于上半年交付量的十倍。该行看好中国企业拥有更强定价能力、更严格 成本控制及扩大更快的市场份额，预期当局的监管及反内卷政策正构建一个可持续的竞争环境。 摩根大通发表研究报告指，人形机器人技术正急速发展，国内龙头企业从研发迈向商业化及大规模生 产，确立中国企业在此全球发展趋势中的领先地位。基于工厂自动化及机器人行业前景显著改善，该行 上调所有覆盖的相关公司目标价，当中包括优必选，目标价从135港元上调至159港元，评级为"增持"， 并列为行业首选股。 ...

Group 1 - The core business of Estun Automation involves the research, production, and sales of high-end intelligent machinery and core control components, with a revenue composition of 82.09% from industrial robots and intelligent manufacturing systems, and 17.91% from automation core components and motion control systems [2] - As of June 30, 2025, Estun achieved a revenue of 2.549 billion yuan, representing a year-on-year growth of 17.50%, and a net profit attributable to shareholders of 6.6823 million yuan, reflecting a significant increase of 109.10% [2] - Estun's stock price has increased by 29.35% year-to-date, with a recent decline of 0.42% over the last five trading days and a 1.16% drop over the last 20 days [1] Group 2 - The company has distributed a total of 379 million yuan in dividends since its A-share listing, with 78.0356 million yuan distributed over the past three years [3] - As of June 30, 2025, the number of shareholders decreased by 4.04% to 124,100, while the average circulating shares per person increased by 4.21% to 6,304 shares [2] - The top ten circulating shareholders include significant institutional investors, with Hong Kong Central Clearing Limited holding 19.1981 million shares, a decrease of 104,900 shares compared to the previous period [3]

Core Viewpoint - The recent sharp decline in the A-share market, particularly the 2.85% drop in the ChiNext Index, is not indicative of the end of a bull market but rather a typical shakeout behavior during an upward trend, suggesting a potential for short-term rebound [1][4]. Market Adjustment Factors - The market adjustment on September 2 was influenced by multiple factors, including technical pressure from accumulated profit-taking after a prolonged upward trend since April [3]. - There was a significant rotation of funds from high-valuation growth sectors, particularly in technology, to undervalued defensive sectors such as banking and utilities, amplifying market volatility [3]. - The negative sentiment from the substantial decline in U.S. tech stocks and the market's cautious stance ahead of the Federal Reserve's September meeting contributed to the adjustment [3]. Long-term Market Support - Despite the recent downturn, the core logic supporting a medium to long-term positive outlook for the market remains intact, driven by ongoing policies in sectors like "Artificial Intelligence+" and measures aimed at stabilizing growth and boosting consumption [5]. - The rapid decline is seen as a quick release of risks, effectively digesting profit-taking and eliminating localized bubbles, which can accumulate strength for future upward movement [5]. Short-term Market Outlook - In the short term, there is potential for a technical rebound following the recent sharp decline, supported by ample policy tools for growth stabilization and expectations of possible interest rate cuts [7]. - The anticipated easing of the Federal Reserve's monetary policy and a weaker dollar may enhance the attractiveness of RMB assets, potentially leading to a continued inflow of northbound capital [7]. - The significant trading volume of 2.87 trillion yuan during the decline indicates a release of short-term selling pressure, with stabilization in key sectors providing support for the market [7]. - The emotional release from the sharp drop may lead to a stabilization of market sentiment, allowing for a recovery of quality stocks that were oversold [7].

Group 1 - The core viewpoint of the article highlights the significant growth of MicroPort Robotics, with a reported revenue of 176 million yuan for the first half of the year, representing a 77% year-on-year increase, and a substantial reduction in net loss by 59% [1] - The management maintains a full-year revenue growth guidance of 85% year-on-year, driven primarily by the sale of 40 to 50 "TUMAI" devices in overseas markets, alongside a recovery in domestic equipment sales and accelerated consumable sales [1] - Overseas sales are expected to contribute 55% of total revenue, an increase from the previous guidance of 50% in April [1] Group 2 - The management anticipates that the net loss for the fiscal year 2025 will narrow by over 40% year-on-year due to revenue growth and effective cost control [1] - The robotics industry is experiencing renewed catalysts, with Elon Musk stating that approximately 80% of Tesla's future enterprise value will depend on the development of its Optimus robot project, which is expected to achieve large-scale application in the coming years [1] - Additionally, Yushu Technology announced plans to submit its listing application to the stock exchange between October and December 2025, at which point relevant operational data will be disclosed [1]

Group 1 - The core viewpoint of the news is that Jingpin Special Equipment experienced a decline in stock price, with a drop of 5.52% to 80.49 CNY per share, and a total market capitalization of 6.09 billion CNY [1] - Jingpin Special Equipment, established on July 9, 2009, focuses on the research, production, and sales of optoelectronic reconnaissance equipment and military robots, with its main business revenue composition being: special robots 39.03%, intelligent manufacturing 23.71%, simulation 18.99%, intelligent sensing equipment 16.16%, technical services 2.10%, and others 0.02% [1] Group 2 - Among the top ten circulating shareholders of Jingpin Special Equipment, Huaxia Fund's Huaxia CSI Robot ETF (562500) entered the list in the second quarter, holding 820,900 shares, which accounts for 2.32% of the circulating shares, with an estimated floating loss of approximately 3.86 million CNY [2] - The Huaxia CSI Robot ETF (562500) was established on December 17, 2021, with a latest scale of 14.471 billion CNY, achieving a year-to-date return of 31.67% and a one-year return of 84.56% [2]