Serve Robotics此前从优步(UBER.US)分拆成立，优步目前仍持有该公司的一小部分股份。据悉，Serve Robotics在包括洛杉矶、迈阿密、达拉斯、芝加哥和亚特兰大等城市拥有良好的运营记录，公司已完成 超过10万次成功配送，服务餐厅数量超过2500家。 DoorDash表示，此次机器人配送项目符合公司更广泛的多模式配送平台战略，该战略旨在整合人类骑 手、无人机及自动机器人，以满足日益增长的需求，同时降低碳排放与交通拥堵。 智通财经APP获悉，美国外卖平台DoorDash(DASH.US)与人工智能机器人公司Serve Robotics(SERV.US) 宣布达成一项多年期战略合作伙伴关系，将在全美范围内推广自动送餐机器人配送服务。受该消息提 振，截至发稿，Serve Robotics周四美股盘前大涨近11%。 双方的合作将首先在洛杉矶启动，当地居民可通过DoorDash应用程序从参与商户下单，由Serve Robotics的机器人完成配送。此举将扩大Serve Robotics可承接的潜在订单规模。 ...

研究早观点 2025 年 9 月 29 日 星期一 市场走势 资料来源：最闻 国内市场主要指数 | 指数 | | 收盘 | 涨跌幅% | | --- | --- | --- | --- | | 上证指数 | | 3,828.11 | -0.65 | | 深证成指 | | 13,209.00 | -1.76 | | 沪深 | 300 | 4,550.05 | -0.95 | | 中小板指 | | 8,177.93 | -1.85 | | 创业板指 | | 3,151.53 | -2.60 | | 科创 | 50 | 1,450.82 | -1.60 | | 资料来源：最闻 | | | | 分析师： 彭皓辰 执业登记编码：S0760525060001 邮箱：penghaochen@sxzq.com 【今日要点】 【行业评论】煤炭：煤炭扩储行为研究之二:探索扩储周期-探索扩储周 期 【行业评论】煤炭：煤炭进口数据拆解：25 年 8 月进口煤继续复苏， 关注海外价格回升趋势 【行业评论】电力设备及新能源：行业周报（20250915-20250921）- 宇树科技宣布开源模型，多晶硅能耗标准收紧 2019 年 2 月 ...

Investment Rating - The report maintains a "Synchronize with the market - A" rating for the power equipment and new energy industry [1] Core Viewpoints - The power equipment and new energy industry has shown a stable market performance over the past year, with significant developments such as the tightening of energy consumption standards for polysilicon and advancements in robotics technology [1][3] - The new energy sector is experiencing a shift towards stricter energy consumption regulations, which is expected to lead to a substantial improvement in the supply-demand balance for polysilicon [3][7] Summary by Relevant Sections Investment Recommendations - Recommended stocks include: - Buy - A: 福莱特 (601865.SH), 横店东磁 (002056.SZ), 阳光电源 (300274.SZ), 阿特斯 (688472.SH), 德业股份 (605117.SH), 石英股份 (603688.SH), 博威合金 (601137.SH) - Buy - B: 爱旭股份 (600732.SH), 隆基绿能 (601012.SH), 大全能源 (688303.SH), 朗新集团 (300682.SZ) [2] - Additional stocks to actively monitor include: 协鑫科技, 通威股份, 信义光能, TCL 中环, 新特能源, 帝尔激光, 福斯特, 晶澳科技, 天合光能, 晶科能源, 迈为股份, 晶盛机电, 弘元绿能 [10] Industry Performance - In August, the industrial solar power generation increased by 15.9%, while wind power generation grew by 20.2%, indicating a robust growth trend in the renewable energy sector [4] - The average energy consumption for polysilicon is projected to tighten significantly, with new standards suggesting a reduction to 6.69 kgce/kg for 2024, compared to previous expectations [3][4] Price Tracking - Polysilicon prices have shown an upward trend, with dense material averaging 51.0 CNY/kg, up 2.0% from the previous week, indicating a tightening supply situation [6] - The price of silicon wafers and battery cells has also increased, reflecting the upward pressure from upstream costs [8][9]

Core Viewpoint - The artificial intelligence robotics company Mechaman is reportedly planning an IPO in Hong Kong [1] Company Summary - Mechaman is focusing on leveraging artificial intelligence technology in its robotics solutions [1] - The company aims to expand its market presence through the upcoming IPO [1] Industry Summary - The robotics industry is experiencing significant growth driven by advancements in artificial intelligence [1] - The potential IPO of Mechaman reflects the increasing interest and investment in AI-driven technologies within the robotics sector [1]

Core Viewpoint - Tesla has set clear operational goals, including the sale of 12 million electric vehicles and 1 million AI robots, which is expected to benefit domestic suppliers in the supply chain significantly [1][2]. Group 1: Tesla's Operational Goals - Tesla's 10-year compensation plan for Elon Musk includes achieving 12 operational goals, such as selling 12 million electric vehicles and 1 million AI robots, along with a target of operating 1 million autonomous taxis and reaching 10 million subscriptions for smart driving features [2]. - The adjusted revenue target for Tesla is projected to increase over 20 times to $400 billion [2]. Group 2: Industry Catalysts - The robot industry is expected to see significant developments from September to December, including key events such as technical evaluations of the A15 chip and the launch of the Gen3 robot [3]. - Tesla's Optimus GEN3 robot is anticipated to be launched in October, with mass production expected by early 2026 [3]. Group 3: Market Dynamics - The automotive sector is entering a recovery phase, with traditional peak sales seasons expected to boost sales, and a notable recovery in the fourth quarter is anticipated [4]. - The Ministry of Industry and Information Technology has set a target for 2025 to achieve 32.3 million vehicle sales, a year-on-year increase of 3%, and 15.5 million new energy vehicle sales, a year-on-year increase of 20% [4]. Group 4: Investment Recommendations - Focus on leading companies in the T-chain, those with low valuations, and companies exceeding industry progress expectations, such as Jieng Electronics, Xusheng Group, and others [5].

Group 1: Haolo Robotaxi and Alibaba Investment - Haolo's Robotaxi business received strategic investment from Alibaba, aiming for comprehensive cooperation to develop low-cost, safe, and reliable smart driving technology [1] - The collaboration will focus on building foundational models in vision, voice, and language, as well as exploring innovative applications in autonomous driving [1] - This investment highlights the trend of resource integration and technological acceleration in the autonomous driving sector, with Alibaba providing capital support and AI technology [1] Group 2: Figure's Valuation and Funding - Figure, an AI robotics company, announced over $1 billion in commitments during its Series C funding round, resulting in a post-money valuation of $39 billion [2] - The funding will expedite the large-scale application of humanoid robots in real-world environments, reflecting strong market confidence in the humanoid robotics sector [2] - The current landscape shows a "capital frenzy and technological competition," indicating a critical phase of transitioning from laboratory experiments to commercial deployment [2] Group 3: Huawei's Predictions on Computing Power - Huawei predicts that by 2035, the total computing power in society will increase by 100,000 times, leading to a new era of computing [3] - The company identifies AGI as a transformative force for the next decade, with AI agents evolving from execution tools to decision-making partners [3] - The shift from human-centric to intelligent connectivity will drive fundamental changes in communication networks and infrastructure, presenting long-term investment opportunities in the computing power industry and AGI applications [3]

当地时间9月16日，人工智能机器人公司Figure宣布其C轮融资已获超10亿美元承诺资本，投后估值达 390亿美元。这笔资金将加速该公司将通用人形机器人大规模应用于现实环境的进程。本轮融资由 Parkway Venture Capital领投，博枫、英伟达、麦格理资本、英特尔资本、Salesforce等公司参投。（智 通财经） ...

人形机器人产业近年来受到国家层面高度重视。工信部等部门发布的《人形机器人创新发展指导意见》 明确提出，到2025年要实现人形机器人批量生产的目标，将其打造为经济增长的新引擎。当前，人形机 器人行业正处在从技术研发向规模化商业应用转变的关键时期。机器人企业需要资本支持和产业资源来 加速技术迭代和应用场景拓展。 宏润建设集团股份有限公司成立于1994年，于2006年在深交所成功上市，经过30年的发展，已成为中国 城市建设领域的重要参与者。作为国家高新技术企业，宏润建设在建筑工程、基础设施投资建设、工程 勘察设计等领域拥有雄厚实力。公司是国内城市轨道交通建设的重要力量，在公路、桥梁、隧道等基础 设施建设方面积累了丰富经验。宏润建设在盾构施工技术方面处于国内领先地位，并且是国内最早研发 和应用盾构换刀机器人的企业之一，这一技术背景为公司进军机器人领域奠定了坚实基础。 师出名门，矩阵超智的技术基因 矩阵超智(上海)人工智能科技有限公司成立于2024年，其创始团队拥有令人瞩目的行业背景。公司创始 人张海星曾是特斯拉中国设计中心的负责人，核心团队成员多来自特斯拉、英伟达、OpenAI等全球顶 尖科技企业。 在2025年7月 ...

Core Viewpoint - Nocoda Technology (00519) has signed a strategic cooperation memorandum with Mach1AI Robotics & Automation SDN BHD to collaborate in the field of artificial intelligence (AI) robotics, aiming to promote technology application in Malaysia and Southeast Asia [1] Group 1: Strategic Collaboration - The partnership will focus on AI RaaS (Robotics as a Service) solutions for government and commercial cooperation in the Malaysian market [1] - The collaboration aims to enhance regional ecosystem development and expand applications in various scenarios, including airports, hospitals, and hotels [1] - Both parties intend to deepen cooperation in AI robotics products, services, and comprehensive solutions to achieve a win-win situation [1] Group 2: Market Expansion - This collaboration signifies the acceleration of the company's globalization strategy, driving growth in both local and global markets [1] - The partnership aligns with the shared vision of both companies in the AI robotics and automation solutions sector [1] - The initiative will leverage the strengths of both companies to diversify business scenarios and expand their presence in the Malaysian and Southeast Asian markets [1]

（股份代號：519） 自願公告 簽署戰略合作備忘錄推進國際化業務發展 諾科達科技集團有限公司（「本公司」，連同其附屬公司統稱「本集團」董事「董事」）會 自願作出本公告，以向本公司股東及潛在投資者提供本集團的最新業務情況。 本集團欣然宣佈，於二零二五年八月十二日，本集團之附屬公司諾科達智駕有限 公司（「諾科達智駕」）與馬來西亞Mach 1 AI Robotics & Automation SDN BHD.（下稱 「Mach 1 Group」）簽署戰略合作備忘錄（「合作備忘錄」），雙方將在人工智能（「AI」） 機器人領域展開合作，並計劃於馬來西亞及東南亞市場推動相關技術的應用及落 地。本次合作標誌本集團進一步加快全球化戰略實施步伐，本地及全球市場雙輪驅 動，有效提升集團整體競爭力。 諾科達科技集團有限公司 （於百慕達註冊成立之有限公司） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何 部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 NOVAUTEK TECHNOLOGIES GROUP LIMITED ...