作者丨 长风 来源丨 东四十条资本 大家好，我是长风。今天给大家带来上周资本市场的专业投研信息。 焦点回顾： 硬科技赛道 ，新材料受热捧。 上周，毅达资本完成对云荒新材数千万元Pre-A轮投资。此外，荣烯 新材完成A轮数千万元股权融资，获紫金港资本、浙江高质量产业引导基金等支持。 将投中网设为"星标⭐"，第一时间收获最新推送 速览投资风口，掌握资本律动。 近日，北京闪梭汽车服务有限公司（简称：闪梭汽车）宣布完成2000万元人民币Pre-A轮融资。本 轮融资由产业资本与新消费基金共同参与。 大健康赛道，细胞治疗与器械创新成主流。 上周，细胞治疗企业拓新天成宣布完成近 4000万美元 B 轮融资。本轮融资由国投招商领投，某知名险资和荷塘创投跟投，并获得兴业国信资管、福州闽 都人才基金等机构的鼎力支持。此外，南方元生物、曦健科技等器械企业聚焦细分场景，早期项目融 资活跃。 互联网赛道，AI Agent商业化进程加速。 上周， 智能算力系统软件服务商-清程极智顺利完成过亿 元最新融资，距离上一轮过亿元融资不到半年。本轮由某知名产业方领投，上海市属国有创投平台、 联想创投、并行科技、奇绩创坛等知名产业投资机构跟投。此外 ...

Macro News - The Yarlung Tsangpo River downstream hydropower project has officially commenced, with a total investment of approximately 1.2 trillion yuan [1][5] - The National Export Control Work Coordination Mechanism Office has organized a meeting to advance the crackdown on strategic mineral smuggling and export, emphasizing increased law enforcement efforts and the establishment of a joint enforcement coordination center [4][5] Industry News - The State Administration for Market Regulation has interviewed major platform companies including Ele.me, Meituan, and JD.com, urging them to engage in rational competition and promote a healthy ecosystem for consumers, merchants, delivery riders, and platform enterprises [3][7] - The Ministry of Industry and Information Technology and other departments held a meeting to further regulate competition in the new energy vehicle industry, focusing on product price monitoring and quality supervision [7][8] - The Central Fourth Guidance Group is conducting research and discussions on addressing irrational competition issues in the new energy vehicle sector [7] - The Ministry of Industry and Information Technology announced plans for a new round of growth stabilization work in key industries such as steel, non-ferrous metals, and petrochemicals, with specific plans to be released soon [8][9] Company News - Yushu Technology has initiated its listing guidance process [10] - The State-owned Assets Supervision and Administration Commission announced the establishment of China Yajiang Group Co., Ltd. with government approval [10] - Dongfang Fortune announced that shareholder Shen Yougen plans to transfer 1% of the company's shares [11] - Nuo Tai Bio announced it will be subject to other risk warnings upon resuming trading on July 22 [11] - China Shipbuilding announced that the merger with China Heavy Industry has received approval from the Securities Regulatory Commission [11] - Chip Union Integration plans to acquire 72.33% equity of Chip Union Yuezhou for 5.897 billion yuan [11] - Nanjing High-Tech reported a contract sales amount of 1.021 billion yuan in the first half of the year, a year-on-year increase of 729.83% [11] - Qidi Design announced a pre-bid win for the 860 million yuan Henan Airport Intelligent Computing Center project [11] - Great Wall Motors reported a net profit of 6.337 billion yuan in the first half of the year, a year-on-year decrease of 10.22% [11] - Hongbao Li announced that its largest shareholder and actual controller plan to reduce their holdings by no more than 2% of the company's shares [11]

Core Viewpoint - Manus, an AI startup, is facing scrutiny and questions about its commitment to the domestic market as it shifts focus to international expansion, reflecting broader challenges for Chinese AI entrepreneurs in the global landscape [1][3][5]. Group 1: Company Strategy and Market Position - Manus has transitioned from a domestic focus to prioritizing overseas markets, which has led to concerns about its operational stability and commitment to the Chinese market [3][5]. - The company previously had a strategic goal of global expansion, with its founder advocating for a more aggressive approach to international competition [3][5]. - Recent actions, such as the removal of content from its domestic social media accounts and the announcement of a partnership with Alibaba's Tongyi Qianwen team, indicate a significant shift in its operational strategy [3][5][6]. Group 2: Regulatory and Compliance Challenges - Manus is navigating complex regulatory environments, particularly in light of the Reverse CFIUS regulations that restrict U.S. investments in key sectors like AI [6][7]. - The company’s abrupt cessation of domestic operations is seen as a proactive measure to mitigate compliance risks associated with U.S. regulations [6][7]. - Legal experts suggest that Manus's recent decisions are influenced by the need to adapt to changing geopolitical and regulatory landscapes, which complicate the outflow of Chinese tech companies [6][7]. Group 3: Industry Trends and Innovations - The AI Agent sector is experiencing a surge in interest, with many Chinese startups looking to capitalize on international opportunities, driven by advancements in AI technology [4][9]. - The rapid growth in AI revenue and the emergence of new models are reshaping the entrepreneurial landscape, with companies achieving significant milestones faster than in previous tech waves [9][10]. - The current market dynamics emphasize the importance of leveraging new AI capabilities to create innovative applications, with early adopters in niche markets likely to gain substantial advantages [10][11].

编辑｜苗正卿 头图｜Manus官网 针对Manus本周的一系列传闻，有知情人士向虎嗅独家回应道，"Manus一切正常，公司没跑路"。 连续一周，国内AI Agent企业蝴蝶效应旗下业务Manus持续"暴雷"——从"裁员传闻"到"社交媒体清空"，再到传出停止与阿里通义千问方面合作，事件逐渐 升级、发酵。 对此，有知情人士向虎嗅独家回应道，"公司没跑路，业务正常。"与此同时，该知情人士还透露，Manus在国内业务的裁员还在持续进行中，不过这跟跑路 无关，主要原因是Manus自发布以来海外收入较为可观。 而至于Manus究竟为何要将总部搬至新加坡，有知情人士告诉虎嗅，"核心考量在于海外业务的增长预期更清晰，最终选择主动合规。" 值得一提的是，在4月末，Manus刚拿到由海外知名风投机构Benchmark 7500万美元领投的融资，投后估值飙升至5亿美元。而就在该轮融资结束后不久，有 媒体爆料，美国财政部正在审查Benchmark投资Manus这家中国公司的交易，缘由是2023年拜登政府出台法案，禁止美国向中国半导体、量子计算、AI和军 事等相关公司投资。（该法案于2025年1月正式生效）后来，在调查Benchmar ...

Group 1: Investment and Financing Activities - Baiyiyuan Biotechnology received several million RMB in financing from Kangzhe Pharmaceutical, aimed at new product development, market expansion, and production line upgrades [2] - Shanghai Natu Intelligent Technology completed 10 million RMB in angel round financing to develop an intelligent perception cloud platform [2] - SAIC Group's mobility brand, Xiangdao Travel, announced over 1.3 billion RMB in Series C financing, marking the largest single financing in the domestic travel industry in three years [3] - Shandong Future Robotics secured several hundred million RMB in strategic investment from PetroChina Kunlun Capital to expand production capacity and optimize operations [3] - Fanlian Information raised funds to focus on distributed storage product development and sales system upgrades [4] - Zhitong Technology completed over 100 million RMB in Series B financing to build an intelligent product manufacturing center [5] - Chuan Yuan Technology announced several million RMB in Series A financing to enhance product iteration and global brand development [5] - Xingkeyuan completed several million RMB in angel plus round financing to develop next-generation products [7] - Cloud Saint Intelligent completed 500 million RMB in Series D financing to support new product development and automated manufacturing strategies [8] - White Rhino secured 200 million RMB in Series B financing to enhance product development and supply chain optimization [8] Group 2: Company Profiles and Market Focus - Baiyiyuan Biotechnology specializes in developing and producing new biomedical materials for tissue repair and regenerative medicine [2] - Shanghai Natu Intelligent Technology focuses on intelligent perception cloud platforms, collaborating with multiple robotics manufacturers [2] - Xiangdao Travel is an internet-based ride-hailing service platform established by SAIC Group [3] - Shandong Future Robotics is a high-tech company focusing on deep-sea operation equipment and has achieved full domestic production [3] - Fanlian Information operates in the trillion-level intelligent computing center market, offering a technology ecosystem centered around high-performance distributed file systems [4] - Zhitong Technology, founded by FAW Liberation, focuses on autonomous driving technology and integrated solutions for various scenarios [5] - Chuan Yuan Technology specializes in battery lifecycle detection technology and has established a global service network [6] - Xingkeyuan is focused on the production and research of silicon-carbon anodes for lithium batteries [7] - Cloud Saint Intelligent integrates low-altitude technology and AI to promote the development of the low-altitude economy [8] - White Rhino is an L4-level autonomous driving company focusing on urban unmanned delivery [8]