今天分享的是：烯牛数据：2024年中国创投市场数据报告 报告共计：72页 2024年中国创投市场数据报告核心内容总结 一、市场整体概况：规模收缩与结构性特征显著 2024年中国创投市场经历历史冰点，融资数量与金额双降。全年披露投融资事件10,701起，同比减少32%；融资金额5,344亿 元，同比减少19%，均创近10年最低纪录。市场呈现两大特征： 1. 融资币种分化：美元融资占比持续走低，金额占比仅15%，人民币融资成为主力，平均融资金额升至1.68亿元。 2. 信息披露趋势：63.1%的融资事件未公开报道，"水下融资"成主流，人工智能、消费等领域公开融资占比相对较高。 二、行业与赛道：先进制造与人工智能引领增长 1. 行业分布集中化：先进制造融资占比达30%，成为最大热门领域，医疗、人工智能分别占15%和5%。战略性新兴产业占比超 93%，其中高端装备制造、新材料产业占比翻倍，生物产业占比提升至17.91%。 2. 细分赛道冷热不均：具身智能、eVTOL飞行器、商业航天等新兴赛道融资数量同比增长超30%，而创新药、半导体设备等传 统热门赛道降幅显著。人工智能领域融资事件数虽同比减少11%，但金额增长8%， ...

Group 1 - Xiaohongshu has become the chief content cooperation platform for Google's I/O conference in China for 2025, highlighting its growing influence in the tech industry [1] - The platform currently has over 50,000 active independent developers, with a 146% increase in content published related to development compared to last year, and related topic views exceeding 500 million [1] - This partnership signifies a bridge for domestic developers to connect with global tech trends, indicating a rising voice for content platforms in the tech sector [1] Group 2 - Alibaba International Station is launching its largest June promotion targeting the U.S. market, described as "foreign trade 618," to capitalize on the 90-day window of reduced tariffs between China and the U.S. [2] - The promotion allows all merchants, including new ones, to participate without any entry barriers, aiming to help small and medium-sized foreign trade enterprises benefit from the buying spree in the U.S. [2] - This initiative is expected to assist merchants in recovering affected orders and preparing inventory in advance, although competitors may respond with similar promotions [2] Group 3 - Annu Intelligent, a startup in the embodied intelligence sector, has completed a seed round financing of several tens of millions, led by Grebo and supported by other investment institutions [3] - The partnership with Grebo will focus on building a joint R&D center to promote AI robotic products like lawn mowers and pool robots for overseas expansion [3] - In a competitive landscape, Annu Intelligent must leverage this funding to enhance R&D and establish technological barriers to secure its position in the market [3]

以下文章来源于申万宏源策略 ，作者申万宏源策略 申万宏源策略 . 所以，主动公募向业绩比较基准靠拢，符合海外经验，可能是A股市场和公募行业发展的最终 状态。短期，市场博弈公募持仓向业绩比较基准靠拢，更偏向于是资金博弈主题，需严守性价 比，把握好节奏。 短期宏观预期难有方向性变化，行业结构也缺乏突破方向，我们维持二季度是中枢偏高震荡市 的判断。中美日内瓦经贸联合声明后，中国外需预期修复，支持A股向上挑战震荡区间上限。 但2025年供给增速中枢仍偏高，2025年内A股供需格局难有向上拐点的预期不变。中期A股基 本面节奏预期并未根本变化，暂不足以支持A股向上突破。 同时，二季度经济基本面有望脉冲式改善。中美经贸关系缓和，二季度从"抢转口"到"抢出 口"，外需从初步显现下行压力，到可能脉冲式上行。尽管基本面改善尚无法外推，但短期数 据验证有望保持强势，至少排除了下行风险。5月政策兑现成为主要矛盾阶段，宽货币及时全 面兑现。平准基金有力支撑资本市场预期，A股市场下行风险同样可控。 结构上，科技、消费、医药是A股一季报高景气的主要方向。二季度外需脉冲式改善，政策对 冲受益的消费短期基本面弹性受限。科技需要新产业趋势催化， ...

Group 1: Industrial Development - The Ministry of Industry and Information Technology emphasizes the need for high-quality development in the industrial mother machine industry, avoiding "involution" competition and homogenization [1] - A focus on key core technologies and common technologies is highlighted, with an emphasis on independent innovation and strengthening the mid-test verification platform [1] - The establishment of closer cooperation between industry, academia, and research is encouraged to enhance the integration of large, medium, and small enterprises [1] Group 2: Strategic Cooperation - The National Industrial Mother Machine Industry Investment Fund signed strategic cooperation agreements with the industrial and information departments of Beijing and Tianjin to promote the clustering and upgrading of the industrial mother machine industry [2] - The establishment of a "Embodied Intelligent Collaborative Development Plan Community" aims to empower various industries with embodied intelligent technology [2] Group 3: Technological Advancements - A research team from Xi'an University of Technology has developed an AI-based simulation generation method that significantly reduces the time required for military planning from 48 hours to 48 seconds [3] - The new intelligent simulation system integrates three major technologies to enhance tactical planning and real-time decision-making capabilities [3] Group 4: Local Initiatives - Qingdao has released a special action plan for the embodied intelligent robot industry by 2025, establishing a strategic consulting committee and development alliance [4] - The city government is providing policy and financial support for technology development, platform construction, and talent cultivation in the robotics sector [4] Group 5: Capital Market Reforms - The China Securities Regulatory Commission (CSRC) is implementing a new round of capital market reforms to enhance the inclusiveness and adaptability of the system, particularly for the Science and Technology Innovation Board and the Growth Enterprise Market [5] - Measures are being taken to increase the scale and proportion of medium- and long-term funds entering the market, aiming to boost investor confidence [5] Group 6: Regulatory Updates - The CSRC has revised the "Securities Dispute Mediation Rules" to enhance the credibility of mediation in the securities industry and ensure orderly dispute resolution [6] - Strict regulations are being enforced regarding the use of raised funds, including prohibiting changes in fund usage without proper disclosure [8] Group 7: Urban Development - The central government is increasing support for urban renewal actions through budget investments and special bonds, encouraging local governments to enhance financial input [9] - Financial institutions are urged to participate in urban renewal projects while ensuring compliance and risk control [9]

消息传来，知名AI初创公司Anys phe r e完成一轮9亿美元融资（约合人民币6 5亿元），估 值达9 0亿美元（约合人民币650亿元），成为今年最火AI编程独角兽。 而掌舵公司的，是四位年轻面孔。20 22年，刚刚从麻省理工学院毕业的Mi c ha e l Tr u e ll 和他三位同学一拍即合，瞄准AI编程赛道下场创业，旗下产品Cu rs or一举改变了编程方 式，迅速席卷硅谷AI圈。 初生牛犊不怕虎。悄然间，0 0后创始人开始纷纷站到AI风口上，崭露头角。虽然担忧估 值泡沫的声音此起彼伏，但目之所及，海外AI融资竞赛依旧轰轰烈烈。 四位MIT学生 缔造一个超级独角兽 Any s p h e r e背后是四位00后。 出 生 于 2 0 0 0 年 ， Mi c ha e l Tr u e ll 从 小 热 爱 编 程 ， 高 中 时 与 朋 友 共 同 创 办 编 程 竞 赛 平 台 Ha lit e，在学生中风靡一时，并凭此获得ACM/CSTA Cutl e r-Be ll奖，这是年轻程序员获 得的最高奖项之一。 1 8岁那年，Mi c ha e l考入麻省理工学院，就读计算机和数学专业。除了在 ...

【导读】宁波华翔联手象山工投、上海智元，拟打造具身智能机器人生态体系 中国基金报记者 邱德坤 5月8日晚间，宁波华翔公告称，公司拟与象山县工业投资集团有限公司（以下简称象山工投）、上海智元新创技术有限公司（以下简称上海智元）打造具 身智能机器人生态体系。 天眼查信息显示，象山工投是象山县国有资产管理中心的全资子公司；上海智元是具身智能机器人领域的独角兽企业，联合创始人包括原华为"天才少 年"彭志辉。 截至5月8日收盘，宁波华翔股价报17.05元/股，总市值为138.8亿元。截至3月31日，公司股东人数达3.729万户。 拟打造具身智能机器人生态体系 5月8日，宁波华翔与象山工投、上海智元签订有效期为三年的《战略合作协议》，三方拟在合资公司组建、机器人装配、供应链、场景、基金投资、海外 业务拓展等方面加强合作，共同打造具身智能机器人生态体系。 在合资公司组建方面，象山工投与宁波华翔将在宁波市象山县设立合资公司，负责机器人数据采集与训练、具身智能模型研发创新及落地场景应用的投 资、建设与运营，上海智元提供具身智能技术、建设与运营经验、通用型机器人产品。 在场景合作方面，宁波华翔向上海智元及合资公司开放汽车各类零部 ...

生物制造、量子科技、具身智能、6G等4类未来产业，写入今年政府工作报告，引发广泛关注。 未来产业的"未来感"体现在何处？报告提及的这4类产业发展得如何？将给经济发展带来哪些影响？记 者进行了采访。 中国未来产业发力较早 "5G应用没几年，这么快就出了6G！""最近火'出圈'的人形机器人，和'具身智能'是不是一回事？"对许 多人而言，"未来产业"涉及的诸多概念颇为新鲜。 今年春晚的人形机器人舞蹈，让许多人首次接触到"具身智能"概念。具身智能，顾名思义是指具有身体 的智能，其机器大脑能够帮助决策，从而支配肢体快速对外部环境变化做出反应。具身智能的关键，在 于实体设备与智能决策的深度融合。 "我们人类用大脑支配四肢完成跑跳、感知周围事物变化并越过障碍，这些都可看成是具身智能的体 现。"中国科学院自动化研究所研究员赵晓光说，区别于仅依赖计算的"离身智能"，具身智能设备既可 以通过传感器感知物理世界，又可以借助大模型理解任务、自主决策并执行。 在具身智能等领域，中国发力较早。据了解，华为、腾讯、比亚迪（002594）、优必选、宇树科技等中 国企业已在积极布局具身智能相关产业。浙江、广东等地也出台了支持具身智能或人形机器 ...

普陀区委书记胡广杰表示，普陀区将全面学习、全面贯彻、全面落实习近平总书记重要讲话精神， 充分发挥区位优势，牢牢把握沿沪宁产业创新带建设重大机遇，以"千百十"新质产业体系为牵引，高标 准打造资源、需求、合作"三张清单"，深入实施创新"一条链"、产业"一幅图"、要素"一张网"、服务"一 站式"、市场"一盘棋"五大行动，促进创新链、产业链、人才链、服务链深度融合，把普陀打造成沿沪 宁产业创新带的"引力场、智汇源、创芯孵化器和服务中心"，为上海加快建成具有全球影响力的科技创 新高地作出新的更大贡献。 作为上海中心城区西北门户，普陀区区位及交通优势明显。高速路、公路穿越而过，城市枢纽站转 接四面八方，城市地铁线路内外联通。一条沪宁高速公路串联起南京、镇江、常州、无锡、苏州和上海 市普陀区。 2月中旬到3月中旬，近一个月内，普陀区党政代表团连续4周，每周选定一天，前往江苏考察，分 别到访南京、无锡、常州、苏州、南通、镇江、泰州7个城市，并与各地主要领导会面。每次会面主题 均聚焦"沿沪宁产业创新带建设"，并逐一签署沿沪宁协同创新合作备忘录。 记者 周楠 翻开长三角区域地图，沿沪宁产业创新带如同一条珠链，将沿线城市和区域系在 ...

Core Points - The 2025 Suzhou Science and Technology Tackling Project application has been launched, focusing on key industries such as artificial intelligence and embodied intelligent robots [1][2] - The project includes two main specializations: key core technology tackling and major scientific achievement transformation, with individual projects eligible for up to 20 million yuan in funding [1][2] Group 1: Funding Structure - Key core technology tackling projects will have a tiered funding mechanism, with funding levels of 1 million, 3 million, 5 million, and 10 million yuan for enterprises, and 1 million and 3 million yuan for universities or research institutions [1] - Major scientific achievement transformation projects will have funding levels of 10 million and 20 million yuan, with financial support shared between Suzhou and various county-level cities [1][2] Group 2: Innovation Directions - The application emphasizes three major innovation directions: 1. Strengthening frontier technology innovation to support key industry sectors in overcoming technological bottlenecks [2] 2. Supporting the transformation of independent innovation achievements to create high-value patents and significant economic and social benefits [2] 3. Encouraging collaboration between industry, academia, and research institutions, with support for hiring experts and forming innovation coalitions [2] Group 3: Application Process - The application process has commenced, with entities able to access the 2025 Suzhou Science and Technology Tackling Project guidelines on the "Suzhou Business" platform [2] - The deadline for online project submission is set for the 30th of this month at 17:00 [2]

Group 1 - The core viewpoint of the article is that Beijing is implementing a comprehensive set of measures to promote the healthy and high-quality development of the private economy, with a focus on technology innovation and market access [1][2][3] - The city plans to support over 100 key core technology breakthroughs this year, emphasizing the role of private enterprises in technological innovation and participation in national strategic technology tasks [2] - Measures will be taken to eliminate market access barriers for private enterprises, ensuring fair competition and promoting the establishment of a competitive market environment [3][4] Group 2 - Financing challenges faced by private enterprises will be addressed, including extending the term of working capital loans to 10 years to alleviate financial pressure [5][6] - The city aims to enhance credit support for small and micro enterprises, with a focus on first loans, renewals, and credit loans, while also exploring financial technology innovations [5][6] - A new round of efforts will be made to clear overdue payments owed to enterprises, ensuring that debts are settled promptly [6]