9月30日，研究机构高工机器人发布研报称，据不完全统计，9月，全球人形机器人行业共发生了30起融 资事件，其中29起来自国内，1起来自海外，已披露的融资总额约为111.08亿元人民币，环比增长约 105.70%。 报告指出，进入2025年下半年，全球人形机器人行业的月度融资表现并未延续以往的强劲势头，反而显 现出不确定性。在6月以29.93亿元人民币录得低点后，虽于7月大幅攀升至70.94亿元，但8月又回落至54 亿元，呈现出一轮"过山车"式的行情。 就在市场普遍预期下半年资本将趋于收缩，9月的人形融资总额 逆势而上，再度创下全年新高。 具体来看，9月融资额的倍数增长，主要归因于9月16日人形企业Figure AI完成的超10亿美元（约71.24 亿元人民币）C轮融资。这笔融资也标志着全球人形机器人行业迎来了今年的融资高潮。 国内方面，9月，国内融资累计39.84亿元，环比增长59.36%。其中，融资金额达亿级以上的共9家，分 别是智平方、强脑科技、自变量、星源智机器人、Dyna Robotics、一星机器人、泉智博、乐享科技、灵 猴机器人、首形科技。 从公司类别来看，共有4家灵巧手公司完成融资，分别是强脑科 ...

Group 1: Core Insights - Embodied intelligence is recognized as a strategic frontier in the AI field, driving industrial transformation and reshaping economic development [1] - The 2025 Embodied Intelligence Ecological Conference in Chongqing gathered top experts and representatives to discuss the integration of embodied intelligence with financial services, particularly in enhancing elderly financial services [1][4] - The conference showcased various intelligent technologies, including wheeled robots and humanoid robots, emphasizing the dynamic role of AI in financial technology [1] Group 2: Industry Developments - The Chongqing Financial Regulatory Bureau has implemented a series of policies to support technological innovation in finance, enhancing the efficiency of financial resource allocation and credit accessibility [2] - By the end of 2024, the robot industry chain in Chongqing's Liangjiang New Area is expected to exceed 3 billion yuan, with 23 robot companies contributing to a developing industrial ecosystem [1][2] Group 3: Elderly Financial Services - With over 300 million people aged 60 and above in China, the country is entering a moderately aging society, necessitating advancements in elderly care technology and financial services [4] - The integration of blockchain and embodied intelligence in elderly finance is highlighted as a significant challenge for the financial industry, with proposals for seven pillars to enhance elderly financial services [4] Group 4: Technological Innovations - The conference announced the establishment of the IEEE P3707 international standard for the application of embodied AI in the elderly care sector, covering critical evaluation dimensions such as functionality and risk governance [8] - A national initiative for AI patent open licensing was launched, aimed at facilitating the transformation of AI innovations into practical applications [10]

Market Overview - The average daily trading volume for the entire A-share market was 1.44 trillion CNY, a slight decrease of approximately 50 billion CNY compared to the previous week[8] - The Shanghai Composite Index rose by 1.40% during the week, with a year-to-date increase of 26.3%[12] Market Style Performance - Large-cap value stocks outperformed with a weekly gain of 1.94%, while small-cap growth stocks lagged with a gain of only 1.14%[12] - The relative performance of small-cap stocks remained positive, indicating a sustained advantage over large-cap stocks[15] Participant Performance - The "National Team" index showed the best performance with a weekly increase of 1.97% and a year-to-date increase of 16.32%[23] - The private equity heavy index increased by 1.22% this week, reflecting a year-to-date gain of 54.71%[23] Market Sentiment - The total number of stocks that rose during the week was 4,054, with 94 stocks hitting the daily limit up, while 7 stocks hit the limit down[25] - The margin trading balance increased to nearly 1.86 trillion CNY, indicating a rise in market participation[29] Sector Trends - Strong sectors included steel, building materials, and photovoltaic, driven by government policies promoting a unified national market[39] - The innovation drug sector received a boost from new measures supporting high-quality development[39] Future Events - Key upcoming events include the Samsung Unpacked product launch on July 9 and the 2025 China Automotive Forum from July 10-12[44] Strategic Focus - The report emphasizes three strategic focuses for 2025: promoting domestic circulation, achieving technological self-reliance, and expanding openness[45] - Specific areas of interest include consumer electronics, industrial automation, and AI applications[45] Risk Factors - Potential risks include slower-than-expected economic recovery, uncertainties in overseas interest rate cuts, and geopolitical tensions[48]

Core Insights - The 2025 China-Eurasia Commodity Trade Expo signed 365 economic and trade cooperation projects with a total value of 417.924 billion yuan, achieving on-site transaction amounts of 1.89 billion yuan and intended sales of 3.252 billion yuan [1][2] Group 1 - The exhibition scale of this year's expo reached a historical high, with over 10,000 registered domestic and international buyers and professional visitors [1] - The number of exhibitors from Southeast Asia, Africa, and Latin America significantly increased, with first-time participation from countries like Ethiopia, Zambia, Comoros, and Senegal [1] - 27 countries set up national (regional) commodity pavilions, providing a "one-stop shopping" experience for global consumers [1] Group 2 - The expo featured a new strategic emerging industry section focused on new productivity, showcasing breakthroughs in artificial intelligence, low-altitude economy, and new display technologies [1] - The digital technology exhibition area displayed new technologies such as AI large models, virtual reality, and smart terminals [1] - The artificial intelligence exhibition area featured high-tech exhibits like bionic humanoid robots and intelligent bionic hands, becoming new highlights of the event [1][2]

Group 1 - The event "In Xi'an, See China" organized by the Xi'an Municipal Publicity Department and International Online successfully concluded, featuring foreign experts from 10 countries exploring Xi'an's enterprises, communities, and cultural landmarks [1] - The Beilin District's hard technology innovation street has become a key to effectively promoting the transformation of cutting-edge technologies from laboratories to the industrial chain, showcasing various high-tech projects like bionic humanoid robots and delivery drones [2] - The Xi'an Beilin Cross-Border E-Commerce Industrial Park, as one of the first provincial-level cross-border e-commerce parks, supports a complete industrial chain ecosystem, allowing businesses to engage in global trade without leaving the building [3] Group 2 - The cross-border e-commerce industrial park reported a transaction volume of 750 million yuan in 2024, with trade involving 58 countries and regions, and 85 cross-border e-commerce enterprises [3] - The event highlighted the integration of culture and modern technology through performances that combine art, technology, and history, leaving a lasting impression on foreign experts [4] - Foreign experts experienced traditional Chinese crafts and health practices, such as tea-making and traditional Chinese medicine techniques, emphasizing the vibrant cultural heritage of Xi'an [5]

21创投不完全统计，3月17日—3月23日，报告日期内国内一级市场发生融资事件31起。其中，有25笔融 资披露了融资金额和币种信息，总规模约合人民币57.91亿元。 | 6435 | 2025年3月17日-3月23日 国内一级市场投融资币种分布 | | | --- | --- | --- | | 币种 | 案例数(起) | 已披露全额 | | 人民币 | 24 | 超57. 19亿元 | | 发元 | | 1000万美元 | | | 往:教植南21创投根据公评级道垫理 | | 01、先进制造、芯片半导体完成多笔融资 本周融资数量最多的行业领域仍是科技与制造。在三大行业领域的诸多赛道中，先进制造赛道完成6笔 融资，披露的融资金额超10.1亿元人民币；芯片半导体赛道完成5笔融资，披露的融资额超3.6亿元人民 币。 | 新格 | 2025年3月17日-3月23日 国内一级市场投融资领域分布 | | | --- | --- | --- | | 领域 | 案例数(起) | 已披露金额(元) | | た道制造 | 6 | 图10. 1亿 | | 老片半导体 | | 183.6亿 | | | 法:截都由21创投标部公开机进 ...