证券日报网讯万里扬（002434）11月26日在互动平台回答投资者提问时表示，公司大力发展机器人电 机、谐波减速器、行星减速器等单品和组合的关节模组等产品。除快速开发系列化产品外，正在大力对 接开发市场主流的整机客户，推动尽快实现配套应用。 ...

格隆汇11月26日丨万里扬(002434.SZ)在互动平台表示，公司大力发展机器人电机、谐波减速器、行星 减速器等单品和组合的关节模组等产品。除快速开发系列化产品外，正在大力对接开发市场主流的整机 客户，推动尽快实现配套应用。 ...

证券日报网讯 英搏尔（300681）11月25日在互动平台回答投资者提问时表示，公司与丰立智能 （301368）合作开发关节模组，目前双方暂未成立合资公司。公司将根据市场反馈、技术发展趋势以及 自身的战略规划，积极对接客户需求，在合适时机拓展新的业务领域和产品类型。 ...

蓝思科技(06613)涨近5%，截至发稿，涨4.34%，报24.04港元，成交额4665.51万港元。 海通国际指出，蓝思科技作为智能终端全产业链平台型龙头，充分受益大客户创新周期，智能手机与电 脑未来三年受益于大客户创新周期、业务可见度高、预计加速成长，人形机器人/AI服务器未来可期。 据了解，公司此前取得越疆机器人10000台四足机器狗整机组装订单，并成为其主要部件供应商。 消息面上，近日，蓝思科技发布投资者关系活动记录表，公司表示，目前已切入北美及国内多家头部机 器人企业的供应链，关节模组、灵巧手、结构件已批量交付，人形机器人、四足机器人整机组装规模位 居行业前列。预计今年人形机器人出货3000台以上，四足机器狗10000台，初步成为最大的具身智能硬 件制造平台之一。2026年，预计实现人形机器人核心部件和整机组装规模翻番，2027年人形机器人与四 足机器狗出货量稳居全球前列。 ...

格隆汇11月25日丨英搏尔(300681.SZ)在投资者互动平台表示，公司与丰立智能合作开发关节模组，目 前双方暂未成立合资公司。公司将根据市场反馈、技术发展趋势以及自身的战略规划，积极对接客户需 求，在合适时机拓展新的业务领域和产品类型。 ...

英搏尔在互动平台表示，公司与丰立智能合作开发关节模组，目前双方暂未成立合资公司。公司将根据 市场反馈、技术发展趋势以及自身的战略规划，积极对接客户需求，在合适时机拓展新的业务领域和产 品类型。 ...

Core Viewpoint - Linyi Intelligent Manufacturing (领益智造) is seeking to expand its financing platform by applying for an IPO on the Hong Kong Stock Exchange, aiming to alleviate liquidity concerns and support its global ambitions while facing challenges in asset-liability management and funding needs for acquisitions [2][10]. Group 1: Financial Performance - For the first three quarters of 2025, Linyi Intelligent Manufacturing reported revenue of 37.59 billion yuan, a year-on-year increase of 19.25%, and a net profit of 1.94 billion yuan, up 37.66% compared to the previous year [2][7]. - The company generated a significant operating cash flow of 2.30 billion yuan, reflecting a more than 60% increase year-on-year, indicating a solid business foundation to support new ventures [7]. Group 2: Strategic Focus and Expansion - The company aims to transition from traditional manufacturing to high-value sectors such as AI, humanoid robots, and new energy vehicles, with a focus on four core areas: humanoid robots, XR, foldable screens, and servers [3][4]. - Linyi Intelligent Manufacturing has established strategic partnerships with leading firms in the robotics sector and aims to leverage its precision manufacturing capabilities to become a key player in the AI hardware market [4][5]. Group 3: Acquisition Strategy - The company has been actively pursuing acquisitions to enhance its automotive business, including a recent cash acquisition of Zhejiang Xianglong for 2.40 billion yuan, which strengthens its position in the automotive transmission system [6][10]. - Linyi Intelligent Manufacturing's acquisition strategy is characterized by a dual approach of internal growth and external expansion, aiming to build a comprehensive product matrix in the automotive supply chain [6][10]. Group 4: Financial Challenges - Despite strong revenue growth, the company faces increasing short-term debt, which surged to 7.33 billion yuan, more than doubling from the beginning of the year, raising concerns about short-term repayment pressures [8][9]. - The company's cash and cash equivalents stood at 3.67 billion yuan, indicating a potential liquidity gap when considering the substantial cash outflows required for acquisitions and operations [8][9]. Group 5: IPO Rationale - The IPO on the Hong Kong Stock Exchange is seen as a crucial step for Linyi Intelligent Manufacturing to enhance its capital structure, reduce debt levels, and improve liquidity [9][10]. - The company aims to utilize the funds raised from the IPO to support its global expansion and mitigate currency risks associated with its international operations [9][10].

九号公司-WD在分析师会议上明确，其割草机器人业务将聚焦中高端市场，并正加速海外供应链布局，计划在潜在的反倾销裁决前完成海外量产。渠道方 面，其产品已覆盖亚马逊、沃尔玛等北美主流线上平台，并将于明年进驻线下连锁门店。公司还计划在2026年1月的CES展会上推出多款新品，进一步丰富 产品线。 在产业链上游，核心零部件企业同样积极布局。汇川技术已针对人形机器人开发了包括驱动器、电机、行星滚柱丝杠及多种关节模组在内的核心产品，致力 于将工业领域的技术与批量应用经验迁移至此，解决行业痛点。 奥普特则通过与机器人公司越疆科技的深度合作，展示了其3D视觉系统与机械臂的高精度协同能力，共同打造了高效的物流分拣方案。此举为其未来切入 精密装配、自主导航等前沿应用奠定了基础。 三花智控为把握行业机遇，已于今年正式成立机器人事业部，并同步推进海外生产基地建设，旨在通过优化的全球供应链，提升竞争力并为后续产能扩张做 好准备。 【环球网财经综合报道】据Choice数据统计，近一个月（10月19日至11月22日），共有17家A股上市公司接待机构调研量超过200家。其中，机器人赛道成 为最受瞩目的焦点，共有7家相关企业位列其中，显示出资 ...

Group 1: New Stock Offerings - China Uranium Industry (001280) will begin subscription on November 21, becoming the first uranium stock in A-shares, focusing on natural uranium resource mining, sales, and trade [1] Group 2: Semiconductor Industry - Chinese Commerce Minister Wang Wentao held a video meeting with UK Trade Minister Peter Kyle to discuss the ASML semiconductor issue, emphasizing that the responsibility lies with the Netherlands [3] - The Netherlands' recent suspension of an administrative order is seen as a positive step towards resolving the global semiconductor supply chain crisis [3] Group 3: Trade Relations - The Chinese Foreign Ministry reiterated that Japanese seafood products currently have no market in China due to public sentiment against Japan's leadership statements on Taiwan [2] - The Ministry of Commerce is working with relevant departments to guide localities in implementing policies to enhance the quality and value of used car exports [9] Group 4: Technological Development - Guangdong Province is focusing on developing cutting-edge technology, particularly in areas like "AI+" and "robotics+" to drive innovation and economic growth [3][4] - The Guangdong government aims to expand new scenarios for terminal industries and promote the development of consumer-level smart terminal products [3] Group 5: International Cooperation - The China-EU Investment Trade and Technology Cooperation Conference opened in Chengdu, with EU representatives expressing optimism about future cooperation with Chinese enterprises [7] - The Chinese Academy of Sciences signed a cooperation agreement with the Shanghai government to support the construction of an international science and technology innovation center [5]

Key Points - China Uranium Industry (001280) will open for subscription on November 21, becoming the first uranium stock in A-shares, focusing on natural uranium resource mining, sales, and trade [2] - The Ministry of Commerce is strictly implementing the consensus reached during the China-US Kuala Lumpur economic and trade consultations [4] - The Minister of Commerce discussed the ASML semiconductor issue with the UK Trade Minister, emphasizing that the responsibility lies with the Netherlands [5] - The Ministry of Foreign Affairs stated that Japanese seafood has no market in China due to recent political tensions [6] - The China Securities Regulatory Commission is enhancing capital market functions to support high-quality development [7] - Guangdong Province is focusing on developing cutting-edge technology and addressing key technological challenges [8] - Guangdong is promoting innovation in artificial intelligence and robotics, launching initiatives to expand new industrial scenarios [9] - The Chinese Academy of Sciences signed a cooperation agreement with the Shanghai government to enhance the city's innovation capabilities [10] - The Ministry of Commerce is guiding localities to improve second-hand car export policies, shifting focus from scale to value [11] - The Guangzhou Futures Exchange adjusted trading fees and limits for lithium carbonate futures contracts [12] - The 18th China-EU Investment Trade and Technology Cooperation Fair opened, with EU representatives optimistic about the Chinese market [13] Company News - Gree Electric has developed core components for humanoid robots [15] - Pingtan Development's stock will resume trading on November 21 after completing a suspension review [15] - Vanke A approved a shareholder loan from Shenzhen Metro Group [15] - Qianjin High-Tech is set to acquire 20% of the company's shares from Zhongzhong Group [15] - Fulede's executives plan to reduce their holdings by up to 85,000 shares [15] - Xidian New Energy identifies Tesla as its largest end customer [15] - Lian Micro's VCSEL chips are now used in smart driving applications with large-scale shipments [15] - New Yichang's semiconductor business has secured orders worth several million yuan [15] - Haohua Technology is expanding into electrolyte and lithium hexafluorophosphate products [15] - Huaya Intelligent's shareholders plan to reduce their holdings by up to 2.98% [15] - Wajinke's controlling shareholder intends to reduce holdings by up to 3% [15] - Oriental Yuhong's subsidiary plans to acquire 60% of Brazil's Novakem to enhance overseas operations [15] - Hefei China has seen its stock price deviate significantly from fundamentals, posing risks for investors [15] - Tuojing Technology's national integrated circuit fund plans to reduce holdings by up to 3% [15] - Aidi Precision plans to repurchase shares worth 100 million to 200 million yuan [15] - Jiumuwang's stock trading shows signs of market overheating and irrational speculation [15] - Hangcai Co. plans to repurchase shares worth 50 million to 100 million yuan [15] - Qinglong Pipe Industry won a procurement project worth 294 million yuan [16] - Feiwo Technology's actual controller plans to increase holdings by 40 million to 70 million yuan [16] - China Nuclear Construction signed new contracts worth 123.84 billion yuan as of October [16]