8月29日，美的集团披露了2025年中期业绩。财报显示，上半年美的实现营业收入2523.31亿元，同比增加了15.7%；归母净利润260.14亿元，同比增加了 25%，大超预期。核心财务数据延续高增长势头，这再一次验证了美的是典型的绩优成长股。 中绩亮眼表现背后，是美的集团的智能家居业务（To C 业务）在上半年继续保持市场中的领先身位，同时公司的商业及工业解决方案（To B 业务）深度兑 现了其作为第二增长曲线的成长预期。数据显示，上半年美的智能家居业务实现收入1672.01亿元，同比增加13.3%；商业及工业解决方案业务实现收入 645.38亿元，同比增加20.8%。 按事业群划分，报告期内新能源及工业技术、机器人与自动化、智能建筑科技的收入分别为219.59亿元、150.73亿元、195.11亿元，同比增幅分别达到了 28.6%、8.3%、24.2%。 | | | 截至6月30日止六個月 | | | --- | --- | --- | --- | | | 2025年 | | 20244 | | | 人民幣百萬元 | 佔收入比重 | 人民幣百萬元 | | | (未經審計) | | (未經審計) | | 智 ...

Group 1 - Investment in household service robots is experiencing a surge, with major appliance companies entering the market, presenting both opportunities and risks [1] - Midea Group showcased its humanoid robot "Meila" at the 2025 World Artificial Intelligence Conference and signed a cooperation agreement for a 1.5 billion yuan investment in a physical intelligence technology platform project [1] - Haier Group launched its household service robot "Haiva," with Chairman Zhou Yunjie predicting that caregiver robots will become more common than cars [1][2] Group 2 - The acceleration of investment in household service robots by leading appliance companies is driven by social, technological, and market factors, including China's aging population, which is projected to exceed 300 million people aged 60 and above by 2024 [2] - The rapid advancement of AI large model technology is providing favorable conditions for the development of robotic and intelligent devices in household scenarios [2] - Traditional appliance markets are stagnating, prompting companies to seek new growth opportunities in the robotics sector [2] Group 3 - High-tech Robotics Industry Research Institute (GGII) predicts that the widespread adoption of household physical intelligence service robots will not occur until after 2030 [2] - Appliance companies possess advantages in household scenario data and brand channels but need to improve in AI algorithms and motion control to succeed in this new market [2] - The competition among appliance manufacturers in the robotics sector is intense, and while it may boost existing product sales and valuations, the return on investment remains uncertain [2][3] Group 4 - Current humanoid robots are priced at several hundred thousand yuan each, making them less cost-effective than hiring human caregivers for basic tasks like cleaning [2] - Household humanoid robots must balance generality and efficiency, as different families have varying needs and scenarios [3] - Issues such as privacy protection and data security also pose challenges for the development of household service robots [3]