"十五五"锚定的未来产业中，具身智能位列其中。具身智能是拥有物理实体、能与环境实时交互的智能形态，它能捕捉温度、力感、视觉等多维信息，自主 完成抓取、行走等动作。而要实现这些功能，机器人需在工程师操作下，采集并积累大量数据，形成属于自己的"程序"。 在江苏苏州吴中区的具身智能机器人训练中心，不少企业会把自家机器人产品送过来，让它们采集数据、快速学习。机器人学得怎么样了？走，去看看↓ 机器人学习"热火朝天" 具身智能机器人的学习，是指在工程师的操作下让机器人完成各种既定的动作，采集相关数据，后续再进行分析优化。 机器人反复"练" 从有样学样到自己动手 机器人技能从量变到质变 在训练中心，有机器人已经在学习使用咖啡机，它最重要的部件是一双灵巧的手，每只手有11个关节，能实现抓握、推按等多种拟人动作。在手指的位置还 有传感器，换句话说它不仅能和人握手，还能感知到在握手。 工程师戴上了动作捕捉手套，操作机器人学习使用咖啡机，相关的数据会同步导入服务器。机器人的摄像头会录制下操作过程，整个过程被拆分为若干视频 片段，每一段视频对应着传感器记录下的各种数据，后续专业人员对数据进行处理分析，更好地优化机器人的"程序"。经过 ...

来源：新浪证券-红岸工作室 11月25日，星徽股份涨0.55%，成交额9287.39万元，换手率3.57%，总市值33.28亿元。 异动分析 跨境电商+人民币贬值受益+无线耳机+家用电器+消费电子概念 3、2019年11月18日公司在互动平台称：公司音频产品的主要品牌是TaoTronics，TWS技术现已普遍应 用于公司蓝牙耳机产品，年销售额达数千万美金 4、根据2022年半年报，公司智能家电类产品实现销售收入 2.40 亿元，占公司电商业务收入 37.14%。 5、广东星徽精密制造股份有限公司的主营业务是精密金属连接件的研发、生产、销售和自有品牌的智 能小家电类、电脑手机周边类、电源类、家私类等消费电子产品的研发、设计、销售。公司主要产品是 滑轨、铰链、拉篮、水槽、水龙头、智能小家电类、电脑手机周边类、电源类、家私类。 (免责声明：分析内容来源于互联网，不构成投资建议，请投资者根据不同行情独立判断) 资金分析 今日主力净流入-1053.17万，占比0.11%，行业排名12/18，连续3日被主力资金减仓；所属行业主力净流 入-1.37亿，当前无连续增减仓现象，主力趋势不明显。 区间今日近3日近5日近10日近2 ...

11月25日，比依股份涨5.11%，截至发稿，报20.16元/股，成交6437.96万元，换手率1.74%，总市值 37.89亿元。 资料显示，浙江比依电器股份有限公司位于浙江省余姚市城区经济开发区城东新区俞赵江路88号，成立 日期2001年3月20日，上市日期2022年2月18日，公司主营业务涉及从事家用厨房电器产品的设计、制造 和销售。主营业务收入构成为：空气烤箱、空气炸锅85.12%，咖啡机及其他9.43%，油炸锅4.43%，环 境电器1.03%。 从基金十大重仓股角度 数据显示，广发基金旗下1只基金重仓比依股份。广发中证全指家用电器ETF联接A（005063）三季度持 有股数400股，位居第九大重仓股。根据测算，今日浮盈赚取约392元。 责任编辑：小浪快报 广发中证全指家用电器ETF联接A（005063）成立日期2017年9月13日，最新规模2.51亿。今年以来收益 9.91%，同类排名3402/4206；近一年收益13.6%，同类排名2946/3983；成立以来收益57.25%。 广发中证全指家用电器ETF联接A（005063）基金经理为陆志明。 截至发稿，陆志明累计任职时间14年180天，现任基金 ...

"以前收的设备不够卖,现在堆满仓。"近日,多地二手餐饮设备回收商称,随着火锅、茶饮等餐饮品类的降 温,二手设备收购量骤增却卖不动,周转率和利润都有所下降,进入行业洗牌期。济南市场情况如何?对此, 齐鲁晚报.齐鲁壹点记者做了探访。 文/片记者管悦济南报道 二手餐饮设备 流转速度变慢 "这些东西卖也卖不出去,当废品处理又挺可惜。"11月17日,二手餐饮设备回收商老郭望着仓库里堆积如 山的设备,语气里满是无奈。 十年前,在亲戚引荐下,老郭在济南西边的大杨旧货市场租了间门面,买了辆小货车,踏进了二手回收这一 行。从业者往往以原价10%-70%的价格收购倒闭餐饮店的设备,经整修后加价转售。 彼时,大杨旧货市场是济南出了名的专业旧货集散地,不论是打算开店创业的商人,还是想给家里添置点实 惠家具的市民,都习惯来这里"淘"货。"从早到晚,市场上全是人。"老郭说,在他印象里,2016年—2019年, 是济南城市建设飞速推进期,点燃了餐饮行业的开店潮。回收转卖的二手餐饮设备,也因此一度供不应求, 成了抢手货。"有的冰柜拉回来还没等刷洗,就被人买走了。"老郭说,多数设备转手就能卖出翻倍的价格, 日入几千块钱。 不少人也因此入场,市 ...

Core Viewpoint - The small home appliance market is experiencing a shift in consumer demand towards quality, smart interaction, and personalized design, prompting companies to accelerate innovation and expansion [1] Group 1: Company Expansion Initiatives - Zhejiang Biyi Electric Co., Ltd. plans to raise 482 million yuan (approximately 68.5 million USD) through a private placement to enhance its smart kitchen appliance production capacity by 15 million units annually [1] - Ningbo Dechang Motor Co., Ltd. aims to raise 1.54 billion yuan (approximately 215 million USD) to support the production of 1.2 million smart kitchen appliances annually, expanding its business footprint in this sector [1] - Dechang plans to invest 343 million yuan (approximately 48.5 million USD) in a factory in Thailand to produce 5 million appliances and 175 million yuan (approximately 24.5 million USD) in Vietnam for 3 million units, enhancing its global presence [2] Group 2: Market Trends and Drivers - The expansion of small appliance companies is driven by three main forces: recovering overseas demand, rising penetration in emerging markets, and a trend towards quality, health, and smart upgrades in the domestic market [3] - Improvements in domestic manufacturing costs and shorter return periods for smart manufacturing investments have made expansion more economically viable [3] - Support from capital markets and government policies, including easier refinancing channels and special funding initiatives, has provided strong backing for company expansions [3] Group 3: Industry Insights - Experts suggest that the current expansion among small appliance companies is not merely a scale competition but a comprehensive contest focused on capacity upgrades and global strategies [3] - The true winners in the industry will be those who can leverage expansion to enhance organizational efficiency and technological capabilities, which will be the core competitive logic in the next phase of the small appliance sector [3]

Core Insights - The coffee culture in China is rapidly growing, leading to a significant increase in the coffee machine market, with retail sales up 63% and retail volume up 50% in the first nine months of 2025 compared to the previous year [1] - The surge in the coffee machine market is attributed to the popularization of coffee consumption habits and the expansion of consumption scenarios, with per capita coffee consumption frequency rising from 5.6 times in 2023 to 7.0 times in 2024 [1] - Retailers are leveraging experiential marketing to tap into growth potential, with Suning's offline stores seeing a 283% increase in coffee machine sales this year [1] Market Dynamics - The coffee machine market is experiencing a shift from niche to mainstream, driven by consumers seeking deeper cultural experiences and hands-on enjoyment in coffee preparation [1][3] - Suning has introduced various coffee machine types in its experience zones, allowing customers to taste and operate different machines, with brands like De'Longhi, Siemens, Philips, and Xinxiang leading in sales [3] - The introduction of professional hand-brewing equipment and certified baristas in stores enhances the customer experience, allowing even beginners to engage in the coffee-making process [3] Consumer Trends - The market reflects diverse consumer demands, balancing the desire for convenience with the aspiration for professional-grade coffee-making experiences, prompting product innovation and market segmentation [5] - Suning plans to continue expanding its offerings in smart home appliances like coffee machines, focusing on deepening experiential marketing and capturing young consumer trends [5]

Core Viewpoint - Manner Coffee is considering an IPO in Hong Kong as early as next year, potentially raising hundreds of millions of dollars with a valuation of up to $3 billion [2][2][2] Company Overview - Manner Coffee was founded in 2015 by Han Yulong and Lu Jianxia, offering a range of products including coffee, tea, juice, baked goods, coffee machines, coffee cups, and drip coffee bags [2][2] - The company operates over 2,000 directly-operated stores in China, adhering to the philosophy of making coffee an affordable and healthy part of daily life [2][2] Investment Background - Manner Coffee has undergone several rounds of financing, with investors including Temasek, Meituan Longzhu, ByteDance, Today Capital, H Capital, and Coatue Management [2][2] Market Context - The company has been contemplating an IPO in Hong Kong for approximately four years, with the market recently becoming more active after a period of stagnation [2][2]

小家电代工龙头造纸行业专家周日双交流 20251116 摘要 四季度销量预计与去年持平，约为 3,120 万台，但欧美市场疲软导致利 润率环比下降 0.5%。公司预计 2026 年外销市场乐观，销售额和销量 有望增长 10%左右，但需关注黑五、圣诞促销及中国春节对订单的影响。 双十一期间，摩飞、东菱、百胜图等品牌内销表现良好，均实现同比增 长。摩飞和百胜图通过创新和产品单价提升实现了盈利增长，但东菱的 盈利能力未见显著提升。公司预计内销市场仍面临挑战，将加大对外销 市场的投入。 公司与泡泡玛特合作的水壶和咖啡类产品预计明年 2 月上市，目标市场 包括中国和东亚跨境电商渠道。水壶零售价预计在 700-1,000 元人民币， 咖啡机可能在 1,000-1,500 元人民币左右，属于中高端水平。 与泡泡玛特的代工合作盈利能力高于传统内销代工，盈利能力至少提高 了 10%-15%，甚至高于一些外销高端品牌 4%-5%。中国小家电出口 美国关税税率为 20%-25%，国内工厂出货盈利水平更高，但海外基地 仍需维持运营。 10 月至 11 月期间，造纸行业价格上涨超预期，瓦楞纸价格突破 3,000 元/吨，木浆价格上涨约 ...

Group 1 - The core viewpoint of the article highlights the resilience of Wuhan's consumer market, with a slight increase in the Consumer Price Index (CPI) driven by both consumption upgrades and policy effects [1] - In October, Wuhan's CPI rose by 0.1% year-on-year, while the core CPI, excluding food and energy, increased by 1.0%, indicating a vibrant market [1] - The growth in core CPI is attributed to dual support from service and industrial consumer goods, with significant increases in travel and entertainment spending [1][3] Group 2 - The tourism sector in Wuhan has remained strong, ranking among the top ten popular travel destinations in China, contributing to rising prices for flights and accommodations by 4.4% and 4.0% respectively [1] - The demand for smart consumer electronics, such as tablets and wearable devices, has also surged, with prices increasing by 4.3% year-on-year [1] - The "post-90s" and "post-95s" generations are driving demand for maternal and infant care services, leading to a price increase of 3.2% in this sector [1] Group 3 - The automotive market is experiencing a shift, with a narrowing decline in prices for fuel and new energy vehicles, down by 3.4% and 1.3% respectively, while sales have significantly increased [1] - The introduction of national subsidies has positively impacted consumer spending in the automotive sector [1] - The demand for small household appliances, such as air fryers and coffee machines, has risen, with prices increasing by 2.8%, reflecting a growing trend towards enhancing living standards [3] Group 4 - Basic necessities, such as pork and fresh vegetables, have seen price declines of 19.5% and 7.7% respectively, contributing to lower living costs for residents [3] - The overall structure of consumer prices shows a trend of "six increases and two decreases" among eight major categories, with "other goods and services" experiencing a notable increase of 12.9% [3] - The analysis indicates that Wuhan's consumer market is transitioning from "recovery growth" to "structural upgrading," with ongoing policy effects and the emergence of new business formats expected to enhance the city's vibrancy and technological appeal [3]

Core Insights - The consumer price index (CPI) in Wuhan increased by 0.1% year-on-year in October, with the core CPI (excluding food and energy) rising by 1.0%, indicating a dual drive of consumption upgrade and policy effects on market vitality [1][2] Group 1: Consumer Trends - The robust growth of core CPI is attributed to the dual pull from services and industrial consumer goods [2] - Wuhan has remained one of the top ten popular tourist destinations in China since the National Day holiday, with post-holiday travel still thriving [2] - Prices for air tickets and accommodations increased by 4.4% and 4.0% year-on-year, respectively, in mid to late October [2] - Prices for cultural and entertainment smart devices, such as tablets and wearable devices, rose by 4.3% year-on-year [2] - The rise in prices for maternal and infant care services by 3.2% year-on-year reflects the growing scientific parenting concepts among the new generation of parents [2] Group 2: Consumer Goods and Policies - Policies aimed at reducing "involution" are beginning to show results, with a notable shift in consumer preferences towards quality and technology in vehicles [2] - The price decline for fuel vehicles and new energy vehicles narrowed by 3.4 and 1.3 percentage points year-on-year, respectively, while sales saw a significant increase [2] - The "national subsidy" policy has diversified consumer demand, leading to a 2.8% year-on-year price increase for aesthetically pleasing and functional small appliances [2] Group 3: Price Changes and Economic Impact - In October, the prices of essential goods such as pork and fresh vegetables decreased by 19.5% and 7.7% year-on-year, respectively, contributing to lower living costs for residents [6] - The price of gasoline and diesel fell by 5.6% and 5.9%, respectively, further reducing household expenses [6] - The core CPI's upward trend indicates a shift in consumption towards service-oriented and improvement-focused sectors [6] - Among eight categories of goods and services, six experienced price increases, with "other goods and services" seeing a significant rise of 12.9% year-on-year [6] - The current consumer market in Wuhan is transitioning from "recovery growth" to "structural upgrade," driven by ongoing policy effects and the emergence of new business formats [6]