2月14日，通用具身智能机器人公司无界动力宣布完成超2亿元天使+轮融资，老股东红杉中国、线性资 本、高瓴创投、华业天成、中金资本旗下基金、BV百度风投持续追投，新增深创投、创新工场、普华 资本、钧山资本、雅瑞资本等加入。与此同时，第三轮融资已接近完成，累计融资额将达8亿元。融资 所获资金将用于加速机器人通用大脑和硬件本体的研发，推动产品在海内外客户场景中的规模化部署。 在短时间内持续获得顶级投资机构的加注，源于这支在智能驾驶领域引领十年产业发展完整周期的核心 团队，所展现出的迅速稳健的从产品研发到商业落地的综合能力，以及拓展和服务全球市场的突破力。 目前，自研的首代机器人平台已进入客户场景实际应用，并与多家国内外头部企业达成战略级合作，同 时已顺利完成第一阶段交付验证，同步启动在海外市场的部署落地。 无界动力2025年创立于北京，专注于通用具身智能机器人核心技术研发与产业化应用，聚焦于构建机器 人"通用大脑"与"操作智能"，突破手、眼、脑协同的关键瓶颈，将具身智能转化为一种可广泛部署、持 续进化的基础设施，致力于为全球客户提供软硬一体、高可靠性的具身智能解决方案。 为将先进的算法模型转化为稳定可靠的实体作业， ...

Group 1: Events and Forums - The "Dubai Business Forum - China" will take place in Shenzhen on May 14, 2026, focusing on economic collaboration and investment opportunities between China and Dubai [2] - A closed-door sharing session on Japanese robot market entry will be held in Shenzhen on March 12, organized by JETRO and 36Kr [3] Group 2: Company Developments - Tencent's ride-hailing service has integrated with Uber, supporting services in 20 countries and regions, including Hong Kong and Japan [4] - Temu has partnered with DEKRA to enhance product safety compliance for electronic goods on its platform [4] - BYD has officially entered the Egyptian market in collaboration with Mansour Group, showcasing three new car models [4] - AITO announced its entry into the UAE market through a partnership with Abu Dhabi Motors [5] - FAW Jiefang signed a strategic agreement with a Saudi dealer for the first batch of 500 vehicles [5] - Junlian Zhixing showcased its intelligent automotive solutions at Volkswagen's global headquarters [5] Group 3: Financing and Investments - Qunche Intelligent has completed a multi-hundred million yuan Series A financing round, with participation from several overseas funds [8] - Hexin Power has secured several million yuan in angel round financing, focusing on agricultural intelligent solutions [8] - Bee Technology, a subsidiary of Zhiyuan Robotics, has completed several hundred million yuan in seed and angel round financing [8] - MossCode, an AI smart sports wear brand, has completed several million yuan in angel round financing, planning to launch in the European and American markets in 2026 [9] - Starry Dream House has completed a total of 80 million yuan in financing, with significant orders secured in Australia [9] Group 4: Market Trends and Policies - The surgical robot market is expected to grow significantly, with AI enabling autonomous operations and enhancing remote surgery capabilities [10] - By 2025, global humanoid robot shipments are projected to reach 17,800 units, with Chinese manufacturers leading the market [11] - China is deepening trade cooperation with South Africa and Kenya, aiming for zero-tariff access for products [12] - China's digital trade surplus is expected to double by 2025, driven by rapid growth in cloud computing and AI sectors [12]

新浪科技讯2月14日上午消息，通用具身智能机器人公司无界动力宣布完成超2亿元天使+轮融资，老股 东红杉中国、线性资本、高瓴创投、华业天成、中金资本旗下基金、BV百度风投持续追投，新增深创 投、创新工场、普华资本、钧山资本、雅瑞资本等加入。与此同时，第三轮融资已接近完成，累计融资 额将达8亿元。融资所获资金将用于加速机器人通用大脑和硬件本体的研发，推动产品在海内外客户场 景中的规模化部署。 目前，无界动力自研的首代机器人平台已进入客户场景实际应用，并与多家国内外头部企业达成战略级 合作，同时已顺利完成第一阶段交付验证，同步启动在海外市场的部署落地。（文猛） 新浪科技讯2月14日上午消息，通用具身智能机器人公司无界动力宣布完成超2亿元天使+轮融资，老股 东红杉中国、线性资本、高瓴创投、华业天成、中金资本旗下基金、BV百度风投持续追投，新增深创 投、创新工场、普华资本、钧山资本、雅瑞资本等加入。与此同时，第三轮融资已接近完成，累计融资 额将达8亿元。融资所获资金将用于加速机器人通用大脑和硬件本体的研发，推动产品在海内外客户场 景中的规模化部署。 目前，无界动力自研的首代机器人平台已进入客户场景实际应用，并与多家国内 ...

Core Insights - The company, Wujie Power, has completed over 200 million yuan in Series A+ financing, with participation from existing investors and new entrants, aiming to accelerate the development of its general-purpose intelligent robot technology [1] - The total financing amount is expected to reach 800 million yuan as the third round of financing nears completion, indicating strong investor confidence in the company's capabilities [1] Group 1: Company Overview - Founded in 2025 in Beijing, Wujie Power focuses on the core technology research and industrial application of general-purpose embodied intelligent robots, aiming to create a "general brain" for robots and overcome key bottlenecks in hand-eye-brain coordination [3] - Within just six months of team expansion, the company has made significant advancements in technology research and commercialization, establishing a long-term technological barrier through continuous investment in key innovations [3] Group 2: Technological Development - Wujie Power has developed an end-to-end multimodal large model that incorporates an implicit world model, enhancing the robot's capabilities in 3D perception, historical memory modeling, future environment prediction, and fine motor action generation [3] - The company has achieved breakthroughs in generalization and success rates across various tasks, gaining recognition from multiple clients [3] Group 3: Collaborations and Research - The company collaborates with top universities such as Tsinghua University and Shanghai Jiao Tong University to drive innovation in world models and simulation reconstruction, with several results presented at international conferences [4] - Wujie Power's hardware platform has undergone multiple iterations, optimizing design for real-world applications, including compact structure and rapid energy replenishment [4] Group 4: Market Deployment - Wujie Power's robots have entered international clients' industrial production lines, marking a new phase of mass production and delivery [5] - The company is working with leading global enterprises, including ZF LIFETEC, to refine its "general operation brain" capabilities in high-value sectors like industrial manufacturing and commercial services [5] - The company aims to transform cutting-edge embodied intelligence technology into actual value for various industry clients, progressing towards the long-term vision of making intelligent robots reliable partners for humans [5]

Group 1 - The core viewpoint of the article is that Wujie Power, a company specializing in general embodied intelligent robots, has completed over 200 million yuan in angel round financing [1] - Existing investors such as Sequoia China, Linear Capital, Hillhouse Capital, and others have participated in the latest funding round, with new investors including Shenzhen Capital Group, Innovation Works, PwC Capital, Junshan Capital, and Yarei Capital joining [2] - Wujie Power disclosed that the third round of financing is nearing completion, with a total financing amount expected to reach 800 million yuan. The funds will be used to accelerate the development of the robot's general brain and hardware, promoting large-scale deployment of products in domestic and international customer scenarios [3] Group 2 - Wujie Power was founded in 2025 in Beijing, focusing on the research and industrial application of core technologies for general embodied intelligent robots, aiming to build a "general brain" and "operational intelligence" for robots [4]

Market Overview - The market indices experienced narrow fluctuations this week, with trading volumes dropping below 2 trillion yuan on Wednesday and Friday. AI safety, film industry, and computing power leasing sectors led the gains, while traditional consumer sectors like liquor showed weakness. The Shanghai Composite Index rose by 0.41%, the ChiNext Index increased by 1.22%, and the CSI 300 Index gained 0.36% [3]. Policy Developments - On February 12, the National Development and Reform Commission, the Financial Regulatory Bureau, and the Civil Aviation Administration of China released implementation opinions to promote the high-quality development of low-altitude insurance. By 2027, a mandatory insurance system for unmanned aerial vehicles is expected to be established, with a comprehensive policy framework for low-altitude insurance by 2030. This sector is seen as a significant investment opportunity, with projections of a trillion-yuan market emerging [6][6]. - The Peking University Institute of Modern Optics announced the successful development of a high-performance quantum key distribution chip and an optical microcavity frequency comb light source chip. This development supports the establishment of a large-scale quantum key distribution network, which is expected to drive growth in the global Ethernet optical module market due to strong demand from AI infrastructure [6][6]. Technical Analysis - The Shanghai Composite Index has been fluctuating within the 4050-4150 point range but fell below the 4100 point support level on Friday. The MACD indicator shows increasing bearish momentum, suggesting a potential test of the lower support at 4050 points in the near term [7]. Market Outlook - The market is expected to maintain a cautious stance with structural rotation of hotspots as investors await post-holiday liquidity and risk appetite recovery. The upcoming events, including the annual lending surge and the Two Sessions, are anticipated to support a gradual structural bull market. The historical data indicates a high probability of positive performance for the A-share market around the Spring Festival, with a notable 80% chance of gains in the five days before and after the holiday [11][12]. - The market is characterized by strong index resilience and stock differentiation, with funds gradually positioning for post-holiday expectations. High expectation companies are gaining recognition from investors, and the structural recovery is expected to continue [13]. Sector Performance - The robotics sector is highlighted, with Tesla's third-generation humanoid robot set to launch in Q1 2026, aiming for a production target of one million units annually. This sector has shown significant stock price increases, with notable gains among various companies [15][16].

作者｜黄楠 编辑｜袁斯来 硬氪独家获悉，具身大脑企业千诀科技近日完成Pre-A++扩展轮融资，至此Pre-A++轮次融资完成，投资方包括祥峰资本、智路资本、英诺天使、钧山资 本、集美创投、南创投及京铭资本，Maple Pledge枫承资本长期出任私募股权融资顾问。 本轮资金将重点投向全尺寸机器人规模化交付、自动化数据管道搭建与核心团队扩充。这也是公司两个月内完成的又一轮融资。 当具身智能行至产业化深水区，业界关注的焦点已从参数规模的比拼，悄然转向多场景穿透力与落地成本的把控。 传统机器人或依赖预设编程，要么需要改造环境才能稳定工作，激光雷达等硬件的高成本与适配难题，更让规模化落地举步维艰。自2023年成立以来，千诀 科技长期聚焦具身世界模型研发，以类脑计算架构打造了"具身大脑"产品。它无需遥控与规则编程，即可进行"感知-决策-行动"全闭环自主工作，实现全球 范围内世界模型在家庭场景下的率先落地。 此前，千诀科技的主要落地载体多集中于诸如小型人形机器人的半尺寸具身产品品牌，其核心功能以自主通用感知决策为主，家庭具身设备接入台数居行业 第一；同时还新增了全尺寸机器人业务线，现已小批量应用于家庭、餐饮等场景，可以执 ...

Group 1: Contract Developments - The company announced that its subsidiary, Guangzhou Ruishun Beidou Automotive Equipment Co., Ltd., won a bid for the Leap Motor Jindong Industrial Park project, amounting to approximately 230 million yuan, which is expected to positively impact business development [1] - Previously, the company disclosed contracts for the Xinjiang Wuniu Protective Equipment project (approximately 330.8 million yuan) and a Malaysian new energy vehicle solution order (over 130 million yuan) [1] Group 2: Business and Technical Development - The company participated in the construction of the Xiaopeng Huitian aircraft production line, focusing on intelligent manufacturing technology for low-altitude aircraft, with potential future expansion into the aerospace sector [2] - High-precision and high-speed six-axis robots have received customer orders and have been shipped, being applied in precision electronics and other fields [2] Group 3: Institutional Research - The company organized a site visit on February 4, 2026, attended by institutions such as the Guangzhou Development Zone Listed Companies Association and Dongguan Securities, discussing the competitive advantages of robots and overseas business expansion [3] Group 4: Stock Performance - On February 9, 2026, the stock price reached a historical high of 57.70 yuan, increasing by 5.68% on that day; on February 12, it continued to rise by 5.43%, with a total market capitalization of approximately 6.721 billion yuan [4] - Over the past year, the stock price has increased by 73.96%, but there is a note of caution regarding high valuation risks, with a TTM price-to-earnings ratio exceeding 6700 [4] Group 5: Institutional Holdings Analysis - Huaxia Fund's China Securities Robot ETF is among the top ten circulating shareholders, having increased its holdings by 369,800 shares in the third quarter of 2025, and as of February 12, 2026, holds 2.0309 million shares [5]

Core Insights - The future of robotics will focus on the capabilities of the "brain" rather than just the hardware, with companies like Yuanli Wuxian emphasizing the development of AI models and foundational platforms for embodied intelligence products [1][2] - Yuanli Wuxian has launched its first consumer-grade embodied intelligent robot, Xiaoyuanzi, which is designed to evolve continuously and features a universal peripheral interface for hardware upgrades [1][5] Group 1: Technological Development - The competition in robotics will increasingly center around software capabilities, specifically the "robot brain," as hardware becomes more standardized [2] - Yuanli Wuxian is focusing on three key dimensions to enhance robot performance: the ability to handle long-range tasks, the development of a self-learning multi-modal model (Hyper-VLA), and the creation of a causal world model for reasoning about unexpected physical events [2][3] - A recent paper by Yuanli Wuxian's research team proposes a new solution to the "catastrophic forgetting" problem, enabling robots to learn multiple complex tasks without losing performance on previous tasks [3] Group 2: Product Strategy and Market Position - Yuanli Wuxian has established a dual approach to product deployment, focusing on rapid commercialization in specialized scenarios while nurturing general-purpose applications over the long term [5] - The FORCE series robots have been deployed in over 100 scenarios across more than 20 cities, generating stable cash flow and demonstrating the company's ability to address real-world challenges [5][6] - The newly launched Xiaoyuanzi robot, priced in the tens of thousands, has already received over 100 blind orders on its first day, with projected sales of 500 to 1,000 units by 2026 [6] Group 3: Long-term Vision and Financial Outlook - The embodied intelligence industry is still in its early stages, akin to the mobile phone industry in the early 2000s, with a focus on achieving autonomous operation in everyday environments [7] - Yuanli Wuxian prioritizes long-term technological leadership over immediate profits, with most current revenues reinvested into R&D [7] - The company anticipates reaching over 100 million yuan in revenue by 2026, supported by significant financing rounds and partnerships with both social capital and local state-owned funds [7]

Core Viewpoint - The Spring Festival Gala has evolved into a significant platform for cities to showcase their economic and industrial strengths, with the 2024 gala restoring the "1+N" model of multiple sub-venues, highlighting the transformation and achievements of various cities in China [1][3][4]. Group 1: Economic Transformation and Industrial Development - The 2025 Spring Festival Gala in Chongqing will feature a light show with 780 electric vehicles, symbolizing the city's shift from traditional fuel vehicles to new energy and smart connected cars, following a major industrial transformation initiated in 2018 [3][4]. - Chongqing's new energy vehicle production has increased 29 times over the past five years, positioning it as the leading city in automotive production in China by 2025 [4]. - Wuhan will showcase advancements in six key areas including optoelectronic information and AI during the 2025 gala, reflecting its strategic industrial layout [8]. Group 2: Regional Highlights and Innovations - The 2024 gala in Changsha will prominently feature engineering machinery, with local companies like Zoomlion and SANY representing the city's core industrial strength, as Changsha's engineering machinery sector has led the nation in asset value and revenue for 13 consecutive years [8]. - The 2024 gala in Shenyang will mark the debut of heavy-duty industrial robots on the national stage, showcasing the city's evolution from an old industrial base to a hub of innovation [8]. - The 2026 gala will include new participants like Suzhou's Wuzhong District, which is home to four robot companies, emphasizing its ambition to become a leading robotics industrial cluster in China [16]. Group 3: Investment and Economic Strategy - Hefei has successfully attracted major investments in sectors like display technology and electric vehicles, earning the title of "the most powerful venture capital city" and becoming a hub for unicorn companies [13]. - Yibin, transitioning from a traditional resource-based economy to a new energy and materials hub, has rapidly developed a complete industrial chain in the battery sector, showcasing the potential for resource-rich cities to embrace new economic opportunities [13][14].