博时上证科创板人工智能ETF发起式联接A（023520）基金经理为李庆阳。 1月13日，云从科技跌5.01%，截至发稿，报16.88元/股，成交11.88亿元，换手率8.27%，总市值175.31 亿元。 资料显示，云从科技集团股份有限公司位于上海市浦东新区川和路55弄张江人工智能岛11栋，成立日期 2015年3月27日，上市日期2022年5月27日，公司主营业务涉及一家提供高效人机协同操作系统和行业解 决方案的人工智能企业,致力于助推人工智能产业化进程和各行业智慧化转型升级。主营业务收入构成 为：人工智能解决方案75.55%，人机协同操作系统24.19%，其他0.25%。 从云从科技十大流通股东角度 数据显示，博时基金旗下1只基金位居云从科技十大流通股东。博时上证科创板人工智能ETF发起式联 接A（023520）三季度新进十大流通股东，持有股数969.27万股，占流通股的比例为1.16%。根据测 算，今日浮亏损失约862.65万元。 博时上证科创板人工智能ETF发起式联接A（023520）成立日期2025年3月11日，最新规模1.25亿。今年 以来收益18.03%，同类排名139/5517；成立以来收益39 ...

估 值 与 分 析 Palantir（Palantir, PLTR）是一家极具影响力的人工智能软件公司，同时也是软件板块龙头企业（对应 ETF：IGV）中估值最高的标的。 在 人工智能革命点燃投资者与分析师热情、纷纷看好Palantir本体技术增长故事巨大潜力的背景下，市场尚未将其 "双料头衔" 视为一种矛盾。 这种估值与预期的背离，同样体现在Palantir的目标价上 —— 华尔街机构对其前景的判断存在严重分歧。 如上图所示，最高目标价与最低目 标价差距悬殊，至少可以说，想要调和各方观点、形成共识的难度极大。对比软件巨头微软（MSFT），这种分歧的反差更为明显：根据最新 数据，微软的最低目标价仅较平均目标价低约 20%，而最高目标价也仅高出平均目标价不到 20%。晨星（Morningstar）也承认，要精准界 定Palantir的 潜在总市场规模（TAM） 难度极大，并指出 "这种模糊的测算方式，将在短期内引发公司股价的大幅波动"。 【如需和我们交流可扫码添加进社群】 尽管如此，从 2023 年 1 月初略高于 130 亿美元的市值低点，一路飙升至如今高达 4000 亿美元的庞大规模，Palantir无疑已 ...

这是一幅振奋人心、壮美宏阔的新画卷—— 中越边境凭祥市，中越浦寨—新清货运专用通道智慧口岸中方段投入运行，无人集卡车队搭载激光 雷达与AI视觉系统，在5G专网与北斗定位支持下，实现厘米级导航与全天候无人驾驶通关；中国—东 盟国家人工智能应用合作中心建设不断提速，软通动力、科大讯飞等行业龙头进驻…… 这是一份难能可贵、成色十足的成绩单—— 前三季度全区GDP增长5.3%，有力实现了稳增长，扭转了多年不达预期的被动局面；全区工业领 域人工智能产业产值突破560亿元、增速超过60%…… 自治区党委团结带领全区广大干部群众创新开展经济发展调度，推动经济运行向好态势更加稳固， 人工智能引领现代化产业发展取得新突破，对内对外开放迈出新步伐，政治生态、自然生态"两个生 态"建设协同推进，"十四五"即将顺利收官。 广西如何夯实发展基础？如何面对多重任务叠加？产业如何摆脱低端锁定？干部作风如何转变？ 答案就是：解放思想、创新求变，向海图强、开放发展。 解放思想是先导。广西虽是欠发达省区，但并非不能为、不可为，关键是敢于为、善于为。选准赛 道，持续攻坚，加快培育布局新质生产力，不断催生新产业、新模式、新动能，就能后来居上，实现跃 ...

该公司预计第四季度收入将在7600万至8000万美元之间，较上年同期增长约27%(取中点计算)。预计第 四季度非GAAP毛利率在50%至52%之间。由于进一步投资于人工智能解决方案和下一代车队，预计第 四季度调整后的EBITDA亏损在700万美元至500万美元之间。 周四，Planet Labs PBC(PL.US)开盘大涨超20%，逼近此前10月份的历史新高，现报15.60美元。消息面 上，该公司第三季度收入为8130万美元，同比增长33%。非GAAP毛利率本季度为60%。调整后 EBITDA利润为560万美元，连续第四个季度实现调整后EBITDA盈利。连续第三个季度实现正自由现金 流，并预计整个财年将保持自由现金流为正。 ...

该公司预计第四季度收入将在7600万至8000万美元之间，较上年同期增长约27%(取中点计算)。预计第 四季度非GAAP毛利率在50%至52%之间。由于进一步投资于人工智能解决方案和下一代车队，预计第 四季度调整后的EBITDA亏损在700万美元至500万美元之间。 智通财经APP获悉，周四，Planet Labs PBC(PL.US)开盘大涨超20%，逼近此前10月份的历史新高，现报 15.60美元。消息面上，该公司第三季度收入为8130万美元，同比增长33%。非GAAP毛利率本季度为 60%。调整后EBITDA利润为560万美元，连续第四个季度实现调整后EBITDA盈利。连续第三个季度实 现正自由现金流，并预计整个财年将保持自由现金流为正。 ...

Group 1 - CloudWalk Technology's stock increased by 5.03%, reaching 16.07 CNY per share, with a trading volume of 426 million CNY and a turnover rate of 3.24%, resulting in a total market capitalization of 16.689 billion CNY [1] - CloudWalk Technology, established on March 27, 2015, and listed on May 27, 2022, is based in Shanghai and focuses on providing efficient human-machine collaboration operating systems and industry solutions, contributing to the industrialization of artificial intelligence and the intelligent transformation of various industries [1] - The company's main revenue composition includes 75.55% from artificial intelligence solutions, 24.19% from human-machine collaboration operating systems, and 0.25% from other sources [1] Group 2 - Dongxing Fund has one fund heavily invested in CloudWalk Technology, specifically the Dongxing Blue Ocean Wealth Mixed A Fund (002182), which increased its holdings by 13,500 shares in the third quarter, totaling 33,000 shares, representing 2.37% of the fund's net value, making it the eighth largest holding [2] - The Dongxing Blue Ocean Wealth Mixed A Fund was established on December 23, 2015, with a current scale of 22.94 million CNY, achieving a year-to-date return of 14.03% and a one-year return of 15.78%, ranking 5322 out of 8154 and 4933 out of 8046 in its category, respectively [2] - The fund has experienced a cumulative loss of 17.1% since its inception [2]

Core Viewpoint - CloudWalk Technology's stock has shown volatility with a year-to-date increase of 29.01%, but recent trends indicate a decline over the past 20 and 60 days [1][2]. Company Overview - CloudWalk Technology Group Co., Ltd. is based in Zhangjiang Artificial Intelligence Island, Shanghai, and was established on March 27, 2015, with its listing date on May 27, 2022 [2]. - The company specializes in providing efficient human-machine collaborative operating systems and industry solutions, focusing on the industrialization of artificial intelligence and the smart transformation of various industries [2]. - Revenue composition includes 75.55% from AI solutions, 24.19% from human-machine collaborative operating systems, and 0.25% from other sources [2]. Financial Performance - For the period from January to September 2025, CloudWalk Technology achieved revenue of 355 million yuan, representing a year-on-year growth of 56.81% [2]. - The net profit attributable to the parent company was -310 million yuan, showing a year-on-year increase of 39.14% [2]. Stock Market Activity - As of October 31, the stock price was 15.61 yuan per share, with a market capitalization of 16.212 billion yuan [1]. - The stock has experienced a net outflow of 7.2369 million yuan in principal funds, with significant selling pressure observed [1]. - The company has appeared on the "Dragon and Tiger List" three times this year, with the most recent instance on February 28, where it recorded a net buy of -81.035 million yuan [1]. Shareholder Information - As of September 30, 2025, the number of shareholders was 51,600, a decrease of 1.23% from the previous period, while the average circulating shares per person increased by 1.25% to 16,163 shares [2]. - The top ten circulating shareholders include the Bosera SSE Sci-Tech Innovation Board AI ETF, which holds 9.6927 million shares as a new shareholder [2].

Core Insights - The recent trend of multiple companies listing simultaneously on the Hong Kong Stock Exchange (HKEX) is becoming increasingly common, with four companies including Dipu Technology and Sany Heavy Industry making their debut on October 28, 2023, and experiencing significant stock price increases on their first trading day [2][3] Group 1: Company Performance - Dipu Technology, known as the "first stock of enterprise-level AI applications," saw the highest increase on its first day, with a rise of over 150%, while Baima Tea Industry, labeled as the "first high-end Chinese tea stock," experienced a gain of over 86% [2] - Sany Heavy Industry, a leading global engineering machinery company, had the lowest increase among the four, with a maximum intraday rise of only over 3% [2][4] - The total net fundraising amount for the four companies exceeded HKD 18.5 billion, with Sany Heavy Industry raising the most at approximately HKD 13.3 billion [3] Group 2: Company Financials - Sany Heavy Industry reported revenues of approximately HKD 80.84 billion, HKD 74.02 billion, and HKD 78.38 billion for the years 2022 to 2024, with corresponding net profits of HKD 4.43 billion, HKD 4.61 billion, and HKD 6.03 billion [4] - Baima Tea Industry's revenues for the same period were HKD 1.818 billion, HKD 2.122 billion, and HKD 2.143 billion, with net profits showing a year-on-year increase [6] - Dipu Technology's revenue for 2022, 2023, 2024, and the first half of 2025 was HKD 100 million, HKD 129 million, HKD 243 million, and HKD 132 million, respectively, but the company reported losses in each period [9] Group 3: Strategic Goals and Future Plans - Sany Heavy Industry aims to expand its international market presence, with over 60% of its revenue coming from overseas by 2024 [5] - Baima Tea Industry plans to use its fundraising for expanding production facilities, enhancing brand value, and increasing its store network, with a goal of becoming the world's leading tea company [7] - Dipu Technology focuses on integrating data technology with AI to create enterprise-level intelligence solutions, emphasizing the importance of technological advancement in driving industry transformation [10]

Core Insights - The "Investment Gaiwan Tea" initiative in Chengdu aims to enhance direct engagement between the government and key enterprises, promoting investment opportunities and sharing policies [1] - Companies like Mengniu, Xtep, AG eSports, and others expressed their positive experiences and confidence in Chengdu's business environment, highlighting its potential for growth and collaboration [3][4] Group 1: Investment Promotion - The Chengdu Investment Promotion Bureau organized a meeting with over 20 key enterprises to facilitate investment promotion and policy sharing [1] - Participating companies shared their success stories in Chengdu, acting as "city promoters" to attract further investment [1] Group 2: Business Environment - AG eSports highlighted Chengdu's friendly entrepreneurial atmosphere and strong industrial foundation as key factors attracting businesses [3] - The rapid project approval process in Chengdu was emphasized, with a project by Wanyuan Group taking only 40 days from land acquisition to construction start, significantly faster than the previous average of 141 days [4] - Companies expressed confidence in Chengdu's supportive government policies, particularly in the sports industry, which they believe will foster further investment [4] Group 3: Industry Collaboration - Companies like iFlytek are actively integrating into Chengdu's ecosystem, focusing on AI applications in education, healthcare, and governance [3][4] - Mengniu aims to leverage sports as a bridge for cross-industry collaboration, emphasizing the importance of a supportive business environment for industry upgrades [4]

Core Viewpoint - CloudWalk Technology experienced a decline of 1.33% on October 13, with a trading volume of 514 million yuan, indicating a potential concern in market sentiment towards the company [1]. Financing Summary - On October 13, CloudWalk Technology had a financing buy amount of 63.64 million yuan and a financing repayment of 53.66 million yuan, resulting in a net financing purchase of 9.98 million yuan [1]. - As of October 13, the total financing and securities lending balance for CloudWalk Technology was 968 million yuan, with the financing balance of 967 million yuan accounting for 7.13% of the circulating market value, indicating a high level compared to the past year [1]. - The company had a securities lending repayment of 2,511 shares on October 13, with no shares sold, resulting in a securities lending balance of 107,480 yuan, which is below the 10th percentile level over the past year, indicating a low level of short selling activity [1]. Business Performance Summary - As of June 30, the number of shareholders for CloudWalk Technology was 52,200, a decrease of 11.08% from the previous period, while the average circulating shares per person increased by 24.37% to 15,965 shares [2]. - For the first half of 2025, CloudWalk Technology reported a revenue of 169 million yuan, representing a year-on-year growth of 40.21%, while the net profit attributable to shareholders was -230 million yuan, showing a year-on-year increase of 35.51% in losses [2]. - The company primarily focuses on providing efficient human-machine collaboration operating systems and industry solutions, with its revenue composition being 75.55% from AI solutions, 24.19% from human-machine collaboration systems, and 0.25% from other sources [1].