Core Insights - Cheetah Mobile reported a total revenue of 287.4 million yuan (approximately 40.37 million USD) for Q3 2025, marking a year-on-year growth of 49.6% [1] - The company achieved its first operating profit in six years, with a Non-GAAP operating profit of 15.12 million yuan (2.12 million USD) [1] - AI and other business revenues reached 145 million yuan, showing a significant year-on-year increase of 150.8%, accounting for 50.4% of total revenue [1] Financial Performance - The gross profit for Q3 2025 was 214.4 million yuan (30.11 million USD), reflecting a year-on-year growth of 64.4% [1] - The Non-GAAP gross profit also stood at 214.4 million yuan (30.11 million USD), with a similar growth rate of 64.3% [1] - The gross margin for Q3 2025 was 74.6%, an increase from 67.9% in the same period last year [1] Cash and Investments - As of September 30, 2025, the company held cash and cash equivalents amounting to 1.5973 billion yuan (approximately 224.4 million USD) [1] - Long-term investments were reported at 761.4 million yuan (approximately 107 million USD) [1] AI Business Growth - The AI robot business saw a revenue increase of approximately 100% year-on-year and about 40% quarter-on-quarter [2] - The domestic voice interaction robots have achieved a consistent year-on-year growth of around 100% for two consecutive quarters [2] - The "Hunting Star Leopard Secret" AI guide robot received an award from the Beijing Municipal Bureau of Culture and Tourism for technological innovation, indicating strong market recognition [2] Strategic Focus - Cheetah Mobile's CEO stated that the company has returned to profitability, marking a significant milestone in its strategic transformation [3] - The AI and other business revenues now represent over 50% of total revenue, establishing a solid foundation for achieving breakeven for the year [3] - The company aims to maintain profitability while continuing to invest in AI robots and tools for long-term growth [3]

机器人ETF（562500） 是全市场唯一规模超两百亿的机器人主题ETF，成分股覆盖人形机器人、工 业机器人、服务机器人等多个细分领域，帮助投资者一键布局机器人上中下游产业链。场外联接（华夏 中证机器人ETF发起式联接A：018344；华夏中证机器人ETF发起式联接C：018345）。 截至10点24分，机器人ETF（562500）上涨0.74%，早盘回踩分时均线后震荡走高，当前维持在日 内高位运行，多头情绪显著。持仓股方面呈现"涨多跌少"的普涨态势，近九成成分股飘红，博杰股份强 势领涨超7%，晶品特装、快克智能、南网科技等个股涨幅超3%。流动性方面，盘中成交额已达3.87亿 元，交投十分火爆。资金流向方面，机器人ETF近期备受资金青睐，近5个交易日连续获得资金净流 入，累计"吸金"近9亿元，规模稳步增长，配置窗口或已打开。 消息方面，前特斯拉Optimus灵巧手团队成员卢泽宇已加入小米机器人团队，负责灵巧手，他在个 人社交平台上表示，希望能和更多志同道合的优秀同学一起加速灵巧手技术路径收敛和工程化落地。在 卢泽宇的个人社交平台上，其自我介绍为小米机器人灵巧手负责人。 开源证券表示，汽车供应链是人形机器人发展 ...

Core Viewpoint - Recently, Huzhou Huasu Digital Energy Technology Co., Ltd. was established, focusing on the development and sales of intelligent robots and artificial intelligence applications [1] Company Summary - Huzhou Huasu Digital Energy Technology Co., Ltd. has a business scope that includes research and development of intelligent robots, sales of intelligent robots, development of artificial intelligence application software, and integration services for artificial intelligence industry applications [1] - The company is wholly owned by Huasu Technology (301157) through indirect shareholding [1] Industry Summary - The establishment of Huzhou Huasu Digital Energy Technology Co., Ltd. indicates a growing trend in the intelligent robotics and artificial intelligence sectors, highlighting the increasing investment and interest in these technologies [1]

昨日（11月26日），A股三大指数走势分化，市场热点快速轮动，电子板块继续延续强势，机器人板块 小幅回调。 热门指数中，中证机器人指数昨日微跌0.09%，成分股中，伟创电气涨超6%，燕麦科技、雷赛智能、双 环传动等股涨幅靠前。 资金流向上，Wind数据显示，截至11月25日，机器人ETF（159770）近20个交易日中，有18日获资金 净流入，累计"吸金"超12亿元。区间净流入天数及累计净流入额均居深市同标的产品首位。 此外，优刻得近期在互动平台表示，在具身智能领域，公司已联合众多行业客户开发出宠物陪伴类机器 人、自变量机器人等。 开源证券表示，人形机器人板块距离"底部确认、反弹启动"窗口期越来越近。2026是国产人形机器人量 产元年，当前呈现出技术突破提速、供应链逐步完善、商业化初步试水的鲜明特征。看好头部整机资本 化，以及开启大规模量产带来的整机制造、硬件供应链、标准化（检测）等投资机会。 此外，电子板块近日延续强势。电子ETF（159997）紧密跟踪的中证电子指数昨日收涨1.96%，成分股 中，长盈精密涨超9%，沪电股份、天岳先进、东山精密涨幅靠前。 电子ETF（159997）作为唯一跟踪中证电子指数的 ...

格隆汇11月27日丨骏鼎达(301538.SZ)在投资者互动平台表示，公司机器人领域腱绳保护套产品仍处于 业务对接阶段，腱绳保护套产品的工艺、设备厂商和技术参数因客户需求不同而有所差异，因公司签署 了保密协议而不便透露，敬请理解。公司始终坚持以满足产品性能要求为核心，在供应链选择上兼顾技 术可靠性及市场竞争力，积极关注国产装备的技术发展与应用前景，相关选型工作将根据研发进展及业 务需求稳步推进。机器人行业具有技术迭代快、研发周期长等特点，公司相关业务的市场开拓、技术落 地均存在不确定性。 ...

本文只做学术分享，如有侵权，联系删文 >> 点击进入→ 具身智能之心 技术交流群 更多干货，欢迎加入国内首个具身智能全栈学习社区 ： 具身智能之心知识星球 (戳我) ， 这里包含所有你想要的。 点击下方 卡片 ，关注" 具身智能 之心 "公众号 作者丨 Dingkang Liang等 编辑丨具身智能之心 论文链接：https://arxiv.org/abs/2511.19430 在具身智能（Embodied AI）领域，任务规划（Task Planning）是让机器人理解人类指令并执行动作的关键。然而，现有的研究和数据集往往将任务过度简化，假设 机器人只能串行（Sequential）地完成子任务，如图1(a)。 例如，面对指令："把微波炉打开热饭（需要35分钟），然后把水槽洗干净（需要 20 分钟）"。 这种差距的核心在于：现有机器人缺乏运筹学（Operations Research，OR）知识，无法识别哪些任务可以"并行（Parallelizable）"，哪些必须"独占注意力（Non- parallelizable）"。同时，机器人不仅要规划时间，还得在复杂的 3D 场景中精准找到物体的位置（3D Grou ...

目标驱动导航，赋予机器人自主完成导航目标 具身导航作为具身智能的核心领域，涉及语言理解、环境感知、路径规划三大技术支柱。目标驱动导航（Goal-Oriented Navigation）通过赋予机器人自主决策能 力，是具身导航中最具代表性的方向。 目标驱动导航要求智能体在陌生的三维环境中，仅凭目标描述（如坐标、图片、自然语言）等，即可自主完成环境探索与 路径规划。 与传统视觉语言导航（VLN）依赖显式指令不同，目标驱动导航系统需要实现从"听懂指令走对路"到"看懂世界自己找路"的跃迁：当人类下达"去厨房拿可乐"的指 令时，机器人需自主完成语义解析（识别厨房空间特征与可乐视觉属性）、环境建模（构建家居场景的空间拓扑）以及动态决策（避开移动的人类或宠物），这 背后凝聚着计算机视觉、强化学习与3D语义理解的交叉突破。 目标驱动导航技术已在多个垂直领域实现产业化落地。在终端配送场景中，该技术与社交导航算法结合，使机器人具备应对动态环境和人际交互的能力：美团无 人配送车通过动态路径重规划在复杂城市环境中执行递送任务，Starship Technologies的园区配送机器人已在欧美高校和社区部署。在医疗、酒店及餐饮场景，嘉 ...

【DT新材料】 获 悉， 近日，优必选正式官宣中标2.64 亿元大单，年内已累计揽下11亿元订单总额。 此次中标项目为广西防城港市人形机器人数据采集与测试中心和人工智能科创教育示范项目。交付的核心产品为工业人形机器人 Walker S2，将全面落地全国 边境口岸旅客疏导、岗哨巡检、物流服务，以及钢铜铝大型生产基地设施巡检等关键场景，订单预计于 12 月完成交付。 同期专题论坛 消费电子热管理论坛 热科学论坛 电池热管理论坛 芯片热管理论坛 液冷技术论坛 热界面材料论坛 2025.12.03-05 传递多一点 ▶▶▶ 深圳国际会展中 无独有偶，今年10 月份，优必选还成功中标 "广西具身智能数据采集及测试中心设备采购及安装" 项目，订单金额 1.26 亿元，采购清单内同样涵盖了可自主 换电的Walker S2，计划2025 年内完成交付。 目前，优必选工业人形机器人产能已达到每月300台，预期全年交付量将超过500台；在场景应用方面，已覆盖汽车制造、智能制造、智慧物流、具身智能数 据中心等重点应用领域。 工业领域是当前机器人商业化主战场，新能源汽车焊接装配、3C精密组装、智慧物流分拣搬运等场景需求旺盛。这些场景 ...

Hi, I'm Yiannis. Spotting winners before they break out is what I do best.Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Member of ACCA Global, with BSc and MSc degrees from U.K. business schools. Investment Style: Spotting high-potential winners before they break out, focusing on asymmetric opportunities (with at least upside potential of 3-5X outweighing the downside risk). By leveraging market inefficienci ...

Core Viewpoint - U.S. stock futures are trending higher as investors anticipate potential interest rate cuts from the Federal Reserve, driven by optimism surrounding a dovish monetary policy shift and recent corporate news [1][3]. Premarket Activity and Index Futures - All three major U.S. stock index futures are showing positive movement, with S&P 500 futures up approximately 0.3% to 0.4%, Nasdaq 100 futures gaining around 0.4% to 0.5%, and Dow Jones Industrial Average futures advancing by roughly 0.2% to 0.3% [2]. - The S&P 500 is poised to extend a three-day surge of 3.5% [2]. Economic Data Releases - Key economic reports being released include the Federal Reserve's Beige Book, weekly jobless claims, durable goods orders, the second estimate for 3Q GDP, and new home sales for October [5]. - The Chicago Business Barometer and EIA Weekly Petroleum Status Report are also on the agenda, which will be crucial for assessing the U.S. economy's health [5]. Earnings Reports - Deere & Co. is set to release earnings, while Li Auto reported a net loss of RMB624.4 million (US$87.7 million) and a decrease in revenues [6]. - Best Buy and Noah Holdings Limited are also reporting earnings, with Noah highlighting solid overseas growth [6]. Major Stock News and Developments - Alphabet (GOOGL) shares are up approximately 1.9%, nearing a $4 trillion valuation, driven by potential collaboration with Meta Platforms [8]. - Nvidia (NVDA) is under pressure, with a 2.6% loss due to competition concerns from Google's AI chips [9]. - Dell Technologies (DELL) shares rose nearly 5% after raising its full-year guidance, targeting $25 billion in AI server shipments for fiscal year 2026 [10]. - HP Inc. plans to cut 4,000 to 6,000 jobs, leading to a more than 5% drop in its stock [11]. - Urban Outfitters (URBN) shares surged 17% following strong sales performance [11]. Other Corporate Developments - Workday (WDAY) raised its annual forecast but saw a 5.5% drop in shares, while Autodesk (ADSK) raised its sales outlook, leading to a 7% rise [12]. - Agilent Technologies Inc. and Keysight Technologies Inc. reported strong earnings, with shares rising 2.3% and 10% respectively [13]. - Advanced Micro Devices (AMD) dropped 4.15% due to concerns over Google's TPU advancements [14]. - Amazon (AMZN) plans to invest $15 billion in data centers and up to $50 billion to expand AI capabilities for U.S. government clients [15].