华谊信资本 | 机器人智能体 | 赴港上市 | 科技板块 | AI智能 | 资本高低 | 亏损状态 10月8日，酒店服务机器人龙头云迹科技启动招股，计划16日登陆港交所，募资净额约6.6亿港元。作为今年首家通过港交所18C章特专科技聆讯的企业，其 还将冲刺"机器人服务智能体第一股"。早在7月，仓储物流机器人巨头极智嘉已赴港上市，募资超27亿港元创该领域港股IPO纪录，截至10月10日股价涨 64.7%。此外，仙工智能等十余家企业相继递表，国庆前合肥优艾智合等5家也密集申报冲细分"第一股"。据不完全统计，今年已有超15家机器人及产业链企 业在港交所披露招股书。 2025年机器人产业持续升温，港交所因机器人企业高活跃，成热潮核心资本场景。这一趋势源于AI大模型赋能具身智能、政策支持智能制造，叠加港股上 市规则驱动下进行的。 对港交所而言，这些企业集中上市既丰富硬科技板块生态，也体现资本市场对智能制造的长期信心；随着估值体系完善、海外关注度上升，香港有望成全球 具身智能与机器人企业的重要资本高地。 一、2025年中国机器人企业赴港IPO企业 截至统计时间，中国机器人赴港上市企业共17家，其中有2家在递表之后状态已失 ...

Core Viewpoint - The actual controller of Dongjie Intelligent has changed from the Zibo Finance Bureau to the individual Han Yongguang, following a significant equity transfer involving a transaction price of 1.62 billion yuan [2][5]. Group 1: Company Control Changes - Dongjie Intelligent's actual controller has been changed to Han Yongguang from the Zibo Finance Bureau [2]. - The change in control is a result of the transfer of 99% of the fund shares of Zibo Zhanzheng Hongsong Equity Investment Fund Partnership to Hainan Heping Investment Co., Ltd. for 1.62 billion yuan [5]. Group 2: Corporate Leadership - Han Yongguang has been elected as the chairman of the ninth board of directors of Dongjie Intelligent, succeeding the former chairman Xing Chengliang [5]. - Han Yongguang is also known for his roles as CEO of Aobo (Beijing) Intelligent Technology Co., Ltd. and chairman of Aobo (Shandong) Intelligent Robot Co., Ltd. [5]. Group 3: Financial Performance - In the first half of 2025, Dongjie Intelligent achieved operating revenue of 539 million yuan, representing a year-on-year increase of 24.90% [5]. - The company reported a net profit attributable to shareholders of 5.95 million yuan, marking a year-on-year growth of 113.96% [5]. Group 4: Industry Position and Collaborations - Aobo (Shandong) Intelligent Robot Co., Ltd. has established deep collaborations with over 300 companies, including BYD, Chery, Geely, and Huawei, and has been the leading supplier in collaborative robots in China for five consecutive years [6][7]. - Dongjie Intelligent has also made significant investments in robot research and application, focusing on warehouse logistics robots, industrial arms, and service robots, indicating strong industry synergy with Aobo [7].

Group 1 - Dongjie Intelligent, controlled by Zibo State-owned Assets, has nominated Han Yongguang as a non-independent director candidate to replace the resigned vice chairman, Lou Gang, and proposed Mai Qianyu as an independent director candidate to replace Lou Zhukun [1][3] - The stock price of Dongjie Intelligent surged significantly, hitting the daily limit on August 1 and August 4, following the announcement of these nominations [1] - The recent changes in Dongjie Intelligent's board suggest a potential takeover by Aobo Intelligent, as indicated by the transfer of shares from Zibo State-owned Assets [4][3] Group 2 - Aobo Intelligent has a close relationship with Zibo, with both companies having significant ties to local state-owned assets [5] - Aobo Intelligent has been actively involved in the robotics sector, collaborating with over 300 companies, including major players like BYD and Huawei, and has been a leader in collaborative robot shipments for five consecutive years [5] - Aobo Intelligent is currently undergoing an IPO process, which is still in the inquiry stage as of now [5] Group 3 - Dongjie Intelligent is also a key player in the robotics industry, focusing on warehouse logistics robots, industrial arms, and service robots [6] - The collaboration between Aobo Intelligent and China Resources Group is expected to enhance the robotics industry, with a planned investment exceeding 3.6 billion RMB [7][10] - Zibo aims to establish itself as a significant hub for robotics manufacturing, targeting a scale of 50 billion RMB by 2027, with a focus on developing leading enterprises in the sector [12]

Core Viewpoint - Beijing Jingzhijia Technology Co., Ltd. officially listed on the Hong Kong Stock Exchange on July 9, 2025, under the stock code "2590," becoming the world's first stock for AMR warehouse robots [2] Group 1: Company Overview - Jingzhijia is the largest H-share IPO for a robotics company to date and the largest non-"A+H" technology IPO in Hong Kong this year [2] - The company has attracted investments from numerous well-known institutions and industry players, including Gao Rong Venture Capital, Volcano Stone Investment, Warburg Pincus, CPE Yuanfeng, Granite Asia, and Ant Group [2] - The IPO has seen participation from sovereign wealth funds, international long-term funds, technology-specific funds, and hedge funds [2] Group 2: Investment Background - Gao Rong Venture Capital was one of the earliest institutional investors in Jingzhijia, leading the Series A financing in 2016 and continuing to invest in subsequent rounds [3] - Gao Rong Venture Capital's Managing Director, Xin Wang, recalled the first visit to Jingzhijia in 2015, where initial robot demos showcased significant advantages over competitors [4] Group 3: Development Journey - Jingzhijia focused on developing its first flagship product in the first two years and successfully established a benchmark case [4] - The company initiated its global expansion in 2017, successfully entering the Japanese market and building a presence in major global markets before the pandemic [4] - In recent years, Jingzhijia has maintained rapid growth while improving its software and hardware platform capabilities, cost control, and operational efficiency [4] Group 4: Future Outlook - Xin Wang expressed confidence in Jingzhijia's future, highlighting the company's deep understanding of warehouse logistics needs, leading robotics technology, comprehensive product matrix, and strong global commercialization capabilities [4] - The robotics industry is still in its early stages, with significant potential for unlocking more scenarios as embodied intelligence technology continues to advance [4]

出海面临着挑战，但新的落脚点正在出现。 "中国公司在迪拜商会的会员中，扮演了越来越重要的角色。" 在 8 月 21 日开始的迪拜商业论坛 - 中国活动中，迪拜商会总裁兼首席执行官穆罕默德·阿里·本·拉希德·卢 塔阁下在演讲中说，截至 2024 年上半年末，已经有 5400 家中国公司注册成为迪拜商会的活跃成员。 同样在这场发言中，穆罕默德·阿里·本·拉希德·卢塔阁下还提到，作为 "新丝绸之路" 的沿线城市，中国是 其最大的合作伙伴，仅 2023 年，双方的非石油贸易额就达到 678 亿美元；与 2013 年的总额相比，实现了 83.8% 的显著增长；过去十年间，中国与迪拜之间的非石油双边贸易累计价值约为 4,900 亿美元。 迪拜和中国企业乃至政府，都有诸多共同关注点，比如都关注人工智能和数字化解决方案，医疗健康产业 以及绿色科技等等，也因此，随着迪拜开展迪拜经济议程 D33（简称 "D33 议程"），其作为一个商业跳板 的优势正受到中国企业的关注。 这也是迪拜商业论坛成立的初衷。在此次迪拜商业论坛 - 中国活动中，不仅深入探讨了迪拜经济议程 D33 如何将迪拜打造成全球经济中心；还通过论坛开幕致辞、圆桌讨论 ...