智通财经APP获悉，速腾聚创(02498)12月激光雷达交付突破180,000台，再度刷新单月交付纪录。凭借 全球唯一实现全链路自研芯片均通过AEC-Q车规认证的体系化优势，速腾聚创数字化激光雷达产品矩 阵正在持续加速进化，为工业安全、智能汽车及各类机器人等细分应用领域提供全面领先的感知方案。 ...

Core Viewpoint - Xin Juhong Intelligent Technology Co., Ltd. has received acceptance for its IPO on the Beijing Stock Exchange, aiming to raise 690 million yuan for expansion projects and working capital [2] Company Overview - Xin Juhong was established in 2013 with a registered capital of 60 million yuan, focusing on the research, production, and sales in the fields of optical communication, automotive lenses, and LiDAR [2] - The actual controller of the company is Sun Liangliang, who holds a total voting power of 66.47% [2][4] Shareholding Structure - Sun Liangliang directly controls 10.60% of the voting rights and additionally controls 41.75% through his wholly-owned Xin Juhong Venture Capital [4] - Other shareholders, including Wuxi Zehui, Wuxi Zesheng, Wuxi Yize, Wuxi Zhongze, and Wuxi Jiazhe, collectively control 14.12% of the voting rights [4] Financial Performance - The total assets of the company have grown from 216.72 million yuan in 2022 to 796.38 million yuan by June 30, 2025 [5] - Shareholder equity increased from 149.07 million yuan in 2022 to 370.47 million yuan in 2025 [5] - Revenue has shown significant growth, with figures of 150.55 million yuan in 2022, 200 million yuan in 2023, 465.39 million yuan in 2024, and 303.30 million yuan in the first half of 2025 [6] - The company expects to achieve annual revenue between 780 million yuan and 820 million yuan in 2025, representing a potential increase of up to 76% [6]

Core Insights - RoboSense showcased its groundbreaking AI robot "Delivery Guy" at CES 2026, marking its tenth consecutive year at the event, demonstrating significant advancements in embodied intelligence [1][4][6] - The robot autonomously completed a series of complex tasks, including gift packaging, delivery, and box recycling, utilizing RoboSense's proprietary "Hand-Eye Coordination" solution [1][6][7] Product Innovations - The exhibition featured several new products, including the second-generation solid-state LiDAR E1 Gen2, the world's first 3D safety LiDAR Safety Airy, and the ultra-mini digital LiDAR Airy Lite, among others [3][11] - RoboSense's self-developed chips were also highlighted, showcasing the company's commitment to advancing its technology stack [3][12] Strategic Partnerships - RoboSense announced collaborations with leading brands in various sectors, including a partnership with Segway Navimow for a new LiDAR lawn mowing robot and joint displays with New Stone and Coco Robotics for autonomous delivery vehicles [3][10] - The company also partnered with Geely to showcase the flagship SUV Lynk & Co 900, emphasizing the commercial application of its technology across multiple scenarios [3][10] Technological Advancements - The "Delivery Guy" robot utilized the VTLA-3D operational model, integrating tactile feedback with 3D point cloud data to enhance environmental perception and operational success rates [6][7] - The robot's system includes an Active Camera series for precise perception and a multi-degree-of-freedom dexterous hand to address visual blind spots, demonstrating advanced capabilities in long-range and high-precision tasks [7][8] Future Vision - RoboSense aims to solidify its position as a core technology ecosystem builder in the AI robotics field, focusing on self-developed innovations and commercial applications to drive the evolution of the automotive and robotics industries [16]

当地时间2026年1月5日，全球激光雷达领导者禾赛科技在拉斯维加斯国际消费类电子产 品展（CES 2026）上宣布重大产能规划：为匹配ADAS及机器人领域激增的激光雷达需求， 2026年年产能将从2025年的200万台提升至400万台，实现翻倍增长。同时，禾赛位于泰国曼 谷的新工厂"伽利略"建设稳步推进，预计2027年初正式投产，进一步完善全球产能布局。 作为全球激光雷达量产领域的标杆企业，禾赛已先后达成多个行业里程碑：2025年9月 实现年度第100万台激光雷达量产下线，同年11月累计第200万台量产交付，截至目前全系产 品历史累计交付量已超240万台。凭借持续的交付爆发力，禾赛已连续五年实现全年交付量 翻番，2025年全年交付超160万台，单月最高交付量突破20万台；其中ADAS产品交付约140 万台，机器人产品交付超20万台，爆款产品ATX首年交付即破100万台，以"年百万级"交付 能力定义行业标准。 强大的自研智造实力是禾赛产能翻番的核心支撑。禾赛自建集研发与生产于一体的综合 中心，搭配全自动化生产线，平均每 10秒即可下线一台激光雷达，确保大规模生产中产品 的高度一致性与稳定性。通过自主研发四代专用 ...

中金发布研报称，维持禾赛-W(02525)"跑赢行业"评级，近期禾赛在CES2026上展示了最新激光雷达技 术,2025年公司交付量超160万台，产能计划在2026年翻倍至400万台/年，并已获超120个车型定点。随 着国内L3试点开放，单车激光雷达数量有望提升，禾赛相关解决方案已获首个乘用车定点。公司还积 极拓展Robotaxi、机器人等新兴市场，并与英伟达等行业伙伴合作。 2025年12月15日，工信部首次批准L3级有条件自动驾驶车型在指定区域上路通行试点。该行认为，L3 车型或将加速渗透，单车搭载的激光雷达数量有望提升至3-6颗，2026款阿维塔12、岚图泰山等车型均 标配4颗激光雷达。禾赛在CES2026上展示了由超远距激光雷达ETX与纯固态近距补盲激光雷达FTX组 成的新一代L3车规激光雷达解决方案，已获得首个乘用车量产定点、计划于2026年底或2027年初启动 量产。 中金主要观点如下： 公司近况 2026年1月，禾赛科技在CES2026上展示最新激光雷达技术成果，并更新了交付量、产能规划、战略合 作等经营情况。 量产交付能力领先行业，国内外产能稳步推进 公司2025年全年交付量超160万台，截至 ...

智通财经APP获悉，中金发布研报称，维持禾赛-W(02525)"跑赢行业"评级，近期禾赛在CES 2026上展 示了最新激光雷达技术,2025年公司交付量超160万台，产能计划在2026年翻倍至400万台/年，并已获超 120个车型定点。随着国内L3试点开放，单车激光雷达数量有望提升，禾赛相关解决方案已获首个乘用 车定点。公司还积极拓展Robotaxi、机器人等新兴市场，并与英伟达等行业伙伴合作。 中金主要观点如下： Robotaxi、机器人等下一代物理AI浪潮袭来，激光雷达成关键引擎 全球多家企业正加速L4级自动驾驶车队的规模化部署，公司已与Motional、百度、滴滴、文远、小马等 头部企业合作，并被英伟达选定为"NVIDIA DRIVE AGX Hyperion 10 平台"的激光雷达合作伙伴。此 外，禾赛JT系列激光雷达广泛应用于机器人与工业市场、累计出货量超20万台，包括MOVA(割草机器 人)、维他动力(智能伴随机器人)、如视(3D空间数字化设备)等。 风险提示 技术迭代风险，订单不及预期，行业竞争加剧与客户降价压力。 量产交付能力领先行业，国内外产能稳步推进 公司2025年全年交付量超160万台 ...

· 2026 年 1 月 7 日 国都港股操作导航 | 海外市场重要指数 | 收市 | 幅度 | | --- | --- | --- | | 道琼斯工业指数 | 49462.08 | 0.99 | | 标普 500 指数 | 6944.82 | 0.62 | | 纳斯达克综合指数 | 23547.17 | 0.65 | | 英国富时 100 指数 | 10122.73 | 1.18 | | 德国 DAX 指数 | 24892.2 | 0.09 | | 日经 225 指数 | 52518.08 | 1.32 | | 台湾加权指数 | 30576.3 | 1.57 | | 内地股市 | | | | 上证指数 | 4083.67 | 1.50 | | 深证成指 | 14022.55 | 1.40 | | 香港股市 | | | | 恒生指数 | 26710.45 | 1.38 | | 国企指数 | 9244.24 | 1.05 | | 红筹指数 | 4140.89 | 1.33 | | 恒生科技指数 | 5825.26 | 1.46 | | AH 股溢价指数 | 122.86 | -0.27 | | 恒生期货 (1 ...

Group 1 - Company Hesai Technology (禾赛) has seen its stock price increase by over 6%, currently trading at 205 HKD with a transaction volume of 41.12 million HKD [1] - Hesai has been selected by NVIDIA as a partner for the "NVIDIA DRIVE AGX Hyperion 10 platform," which aims to assist various vehicle types in achieving Level 4 autonomous driving [1] - At CES 2026 in Las Vegas, Hesai announced plans to double its annual production capacity from 2 million units in 2025 to 4 million units in 2026 to meet the growing demand for lidar in the ADAS and robotics sectors [1]

Core Viewpoint - Hesai Technology (禾赛-W, 02525) has been selected by NVIDIA as a lidar partner for the "NVIDIA DRIVE AGX Hyperion 10 platform," which aims to support L4 autonomous driving for various vehicle types [1] Group 1: Company Developments - Hesai's stock price increased by over 6%, reaching HKD 205, with a trading volume of HKD 41.12 million [1] - The company plans to double its annual production capacity from 2 million units in 2025 to 4 million units in 2026 to meet the growing demand for lidar in the ADAS and robotics sectors [1] Group 2: Industry Context - The NVIDIA DRIVE AGX Hyperion 10 platform is designed to help automotive manufacturers and developers build safe, scalable, and AI-defined high-performance fleets [1]

Market Overview - The U.S. stock market opened with mixed results, with the Nasdaq up by 0.22%, the S&P 500 rising by 0.1%, and the Dow Jones down by 0.03% [1] Company Highlights - Nvidia, selected as one of the "Top 10 Core Assets with Global Vision" for 2026, saw its stock increase by 1.3%. The Vera Rubin platform has fully launched, enhancing AI inference performance by five times while reducing costs to one-tenth [1] - Novo Nordisk's stock rose by 4.3% following the official launch of the world's first oral GLP-1 medication for adult weight loss in the U.S. [1] - Hesai Technologies experienced a nearly 8% increase in stock price, with plans to double its production capacity to 4 million units by 2026 and being selected as a lidar partner by Nvidia [1] - NIO's stock increased by 2.3%, marking the rollout of its one-millionth vehicle, with CEO Li Bin stating that future annual sales are expected to grow by 40% to 50% [1]