以下文章来源于创业板观察 ，作者付静 创业板观察 . 创业板观察致力于发布深交所创业板的市场发展、政策变化、监管导向、上市企业动态等的及时信息，提供有价值的市场资讯。 今年6月的MWC上海期间，中国移动（600941.SH）董事长杨杰曾在发言中强调了AI加速发展背景下的碳硅融合共生趋势。时隔四个月， 中国移动将"碳硅共生 合创AI+时代"定为"2025中国移动全球合作伙伴大会"的主题。 "AI持续释放在技术能力、经济效益上的规模效应，将推动碳硅融合共生成为人类文明发展的重要趋势之一。"10月11日，杨杰在上述大会 的主论坛上这样表示。 大会场馆处处可见中国移动合作伙伴元素 图片来源：财联社记者/摄 机器人"亲戚圈"吸睛 "大家也知道今年上半年中国的机器人行业热火朝天，最近几年全球范围内整个行业技术进展也超预期，包括我们公司目前的进展，每个月 都给我带来很多惊喜。"王兴兴表示。 谈及机器人和具身智能如何影响和改变生活，王兴兴称，家庭生活、服务娱乐、工业生产等领域未来的市场空间都非常大，但目前家庭和工 业场景的挑战较大。家庭方面，不单单要考虑技术，伦理道德、安全层面的要求也都比较高；工业方面，机器人需要迈过比人力 ...

2025中国移动全球合作伙伴大会主论坛在广州举行，展示了碳基与硅基生命融合趋势下多场景机器人的实践应用及生态构建。 10月11-12日，2025中国移动全球合作伙伴大会主论坛在广州举行。 在大会展区，中国移动董事长杨杰提到的"碳基生命和硅基生命加速融合，推动文明范式革新重塑"正在进行之中，诸多中国移动"亲戚圈机器人"前来亮相。 "未来以传感器、处理器、存储器、控制器等物理硬件为躯体，以计算智能、感知智能、认知智能、运动智能为神经中枢的硅基生命将迎来群体性涌现。"杨 杰认为，当AI持续释放在技术能力、经济效益上的"两个规模效应"，将以前所未有的速度深度融入经济社会各领域，推动碳硅融合共生成为人类文明发展的 重要趋势之一。 多场景机器人集中亮相，展现碳硅融合实践 "本次大会机器人参展规模、创历届之最。"中国移动市场经营部副总经理刘扬说。 大会展区的入口处就有一家无人餐厅：这里有跑堂的"店小二"、倒茶的"茶博士"、能开冰柜门取物的"果奉仪"还有蒸包子的"点心郎"。从体验感上来说，单 看每一个提供服务的机器人都是先进科技的代表，但中国移动的目标并非单点突破，而是实现整体的调度——每个机器人的工作进度，整体订单完成都在 ...

10月4日，特斯拉CEO埃隆·马斯克在社交平台发布视频，展示人形机器人"擎天柱"与专业人士研习功夫 的场景。 视频中，"擎天柱"并非单纯模仿，而是精准应对招式并反击。针对网友"远程操控还是AI驱动"的疑问， 马斯克明确回应"AI，而非遥控操作"。 当前，机器人的技术与产业化进展备受市场关注。"擎天柱"近一年已成特斯拉核心焦点。特斯拉计划 2025年底推出第三代机型，并于2026年启动量产，马斯克预计2030年前将实现年产100万台。 自去年起，人形机器人就已成为资本市场的热门赛道。今年以来，在政策、资本和技术的多重驱动下迎 来爆发式增长，国内优必选、智元机器人、宇树科技、松延动力、银河通用等企业已相继公布新订单与 市场拓展布局，行业发展提速。 时值国庆、中秋假期，机器人成为线下吸引客流的热点。中国证券报记者了解到，目前，从零售到文 旅，消费者除了可以购买机器人，享受其提供的多种便利体验外，还实现了人形机器人的多场景实际运 用。 国内首家机器人商店开业 在北京，国内首家机器人商店"陶朱新造局"在首钢园融石广场亮相。记者实探发现，除了宇树科技、智 元机器人、松延动力等头部人形机器人厂商产品，店内还陈列不少主打教育 ...

Investment Rating - The industry investment rating is "Overweight" [3] Core Viewpoints - The humanoid robot industry is experiencing significant breakthroughs, with companies like Zhiyuan Robotics and Tiantai Robotics making substantial progress in production and application [5][12] - The report highlights a projected global demand for approximately 2 million humanoid robots by 2030, indicating a critical phase of development from 0 to 1 [21] - The report emphasizes the importance of key players in various sectors, including photovoltaic equipment, energy storage, semiconductor equipment, automation, and hydrogen energy, suggesting a favorable outlook for leading companies in these areas [22][23] Summary by Relevant Sections Humanoid Robots - Zhiyuan Robotics expects to ship thousands of units this year and tens of thousands next year, with plans for a significant industry ecosystem [7] - Tiantai Robotics has signed a global agreement to deliver at least 10,000 humanoid robots for home care by the end of 2026, marking a major milestone in the industry [12] - The report suggests focusing on leading companies in the humanoid robot supply chain, including those linked to Tesla and Huawei [21] Photovoltaic Equipment - The penetration rate of N-type technology is accelerating, enhancing the competitiveness of leading companies [22] - The report recommends companies like Maiwei and Jiejia Weichuang for their technological innovations and customer bases [22] Energy Storage - The report notes favorable policies for both generation-side and user-side energy storage, driving industry growth [22] - Companies like Xingyun and Kexin are highlighted for their strategic partnerships and product offerings in the energy storage sector [22] Semiconductor Equipment - The semiconductor equipment market is expected to double in the next decade, with a projected demand of $140 billion by 2030 [23] - The report suggests focusing on companies like Zhongwei and Beifang Huachuang for their potential in domestic substitution [23] Automation - The market for industrial consumables is projected to grow from 40 billion to 55.7 billion by 2026, with leading companies benefiting from increased concentration and import substitution [23] - Recommendations include Huari Precision and Oke Yi for their competitive advantages in the automation sector [23] Hydrogen Energy - The report highlights the growth potential of green hydrogen in line with carbon neutrality goals, recommending companies with integrated advantages in the hydrogen supply chain [22]

Group 1 - Antig's plan to build three natural gas power plants has been approved to supply power to Meta's largest data center in Louisiana, which covers 4 million square feet and is expected to consume up to 5 gigawatts of electricity annually when fully operational [2] - Global display equipment spending is projected to reach $75.8 billion from 2020 to 2027, driven primarily by OLED technology, with OLED-related equipment spending expected to grow by 31% year-on-year in 2025, while LCD spending is anticipated to decline by 45% [2] - Nikon announced the closure of its Yokohama factory by September 30, with production lines moving to other facilities in Kanagawa and Tokyo, primarily affecting microscope products and flat panel display manufacturing equipment [2] Group 2 - SpaceX's Starlink service has gained traction in the in-flight Wi-Fi market, signing contracts with major airlines such as Air France and Qatar Airways, with ongoing negotiations with Emirates and other regional airlines [3] - The Zhiyuan Lingxi X2 robot is set to complete mass production by the end of August, with unlimited shipments starting in the fourth quarter [3]

Group 1 - The State Council approved the "Open Innovation Development Plan for the Entire Biopharmaceutical Industry Chain in the China (Jiangsu) Pilot Free Trade Zone" [1][2] - The Anhui Provincial Government issued the "Policies for Building an Innovation and Application High Ground for General Artificial Intelligence Industry (Version 2.0)" [2][3] - China Petroleum & Chemical Corporation (Sinopec) announced that the Hongxing shale gas field in the Jianghan Oilfield has confirmed reserves of 165.025 billion cubic meters of shale gas, marking the establishment of another large shale gas field in China [5][11] Group 2 - The Zhejiang Provincial Government released opinions to accelerate high-quality development in the construction industry, aiming to cultivate 50 influential leading construction enterprises by 2027 [2] - The Anhui Provincial Government's policies include establishing a financial support system to attract social capital into the general artificial intelligence industry, with a target of creating a provincial AI industry fund with a total scale of no less than 20 billion yuan [2][3] - The Henan Provincial Government's action plan focuses on promoting the integration and cluster development of strategic emerging industries, including biomedicine and new energy [3] Group 3 - The DeepSeek-V3.1 was officially released, featuring a mixed reasoning architecture and improved efficiency in providing answers [4] - TrendForce's latest research indicates that the penetration rate of liquid cooling technology in AI data centers is expected to rise from 14% in 2024 to 33% in 2025 [6] - The AI application in the chemical industry is accelerating, with a focus on "AI + robotics" for high-risk inspections and "AI + automation" for molecular discovery and process optimization [8] Group 4 - Greenme and Blue Lithium signed a strategic cooperation agreement to establish a comprehensive partnership in the ultra-high energy density battery sector [9] - Lanshi Heavy Industry plans to invest 207 million yuan in a project to enhance nuclear power equipment production capacity [10] - Sinopec plans to repurchase A-shares with a budget of 500 million to 1 billion yuan, with a maximum repurchase price of 8.72 yuan per share [13]

Group 1 - Zhiyuan Robotics announced the launch of the "A Plan" at its first partner conference, aiming to create a trillion-yuan industry ecosystem and incubate over 50 early-stage projects in the robotics sector over the next three years [1] - Zhiyuan Lingxi X2 is set to complete mass production and will begin deliveries at the end of August, with unlimited shipments starting in the fourth quarter [1] - The Ministry of Industry and Information Technology is organizing a collection of typical application scenarios for AI empowerment in small and medium-sized enterprises for 2025, focusing on innovative products and services driven by AI technology [1] Group 2 - According to Guojin Securities, AI applications are rapidly penetrating the entire chemical industry chain, with a focus on "AI + Robotics" for high-risk inspections, "AI + Automation Experiments" for molecular discovery and process optimization, and AI-assisted formula upgrades and new material iterations [1] - The performance of AI systems is heavily dependent on the quality of data, which is crucial for the AI layout of chemical enterprises [1] Group 3 - Zhonghua Intelligent Control is a leading global supplier of refrigeration control components and automotive thermal management systems, focusing on the development of core components for bionic robots, where hardware costs account for over 80% of humanoid robots [3] - Zhimi Intelligent develops multi-scenario control solutions based on Intel and NVIDIA platforms, covering industrial robots, AGVs, and humanoid robots, supporting real-time response and resistance to shock and interference [3] Group 4 - CICC emphasizes the need for "patient capital" in AI development, advocating for government funding to activate social capital investment in AI, creating a virtuous cycle of "technology-industry-finance" [2] - The demand for humanoid robots is expected to be significant as AI applications in physical tasks may be replaced sooner [2]

Group 1: Computing Power - DeepSeek-V3.1 was officially released on August 21, showcasing significant improvements in programming capabilities and performance, outperforming ClaudeOpus4 in community tests [1] - The cost of completing a programming task with DeepSeek-V3.1 is only $1.01, which is one-sixtieth of proprietary systems, generating high market expectations for DeepSeek-R2 [1] - DeepSeek-R2 is designed with domestic chip architecture, aligning with China's AI computing power self-sufficiency policy and promoting the maturity of the domestic chip ecosystem [1] Group 2: Spatial Computing - Vivo Vision Exploration MR headset was launched on August 21, weighing only 398g and featuring natural eye-hand interaction, making it the lightest spatial computing device globally [2] - The device utilizes a compact design and self-developed spatial computing algorithms, enhancing user experience and supporting cross-device content transfer [2] - The spatial computing industry is projected to generate a total revenue of 3.076 billion yuan in 2024, with significant application potential in AI, robotics, and the metaverse [3] Group 3: Combustible Ice - A breakthrough in methane direct catalytic conversion was achieved by Hainan University's clean energy innovation team, enabling efficient conversion of gaseous methane into high-value liquid fuel methanol [4] - Combustible ice, primarily composed of methane, is recognized as a strategic energy resource in the South China Sea, with an estimated resource volume of 800 billion tons of oil equivalent [4] - The development of combustible ice is expected to enhance the share of clean energy in the energy structure and reduce dependence on oil and gas imports [4] Group 4: Medical Devices - The National Health Commission and other departments issued guidelines to improve ear and hearing health services, focusing on building a comprehensive health network and enhancing prevention and treatment capabilities [5] Group 5: Innovative Pharmaceuticals - The State Council emphasized the importance of the biopharmaceutical industry for public health and called for strengthening original innovation and key technology breakthroughs [6] - The government aims to enhance the integration of AI in drug development and clinical trials, optimizing the pharmaceutical supply chain and promoting traditional Chinese medicine modernization [6] Group 6: Robotics - Zhiyuan Robotics announced its "A Plan" at the first partner conference, aiming to create a trillion-yuan industry ecosystem and incubate over 50 early-stage projects in the robotics sector [7] - The company plans to begin mass production of its Lingxi X2 robot by the end of August, with unlimited supply starting in the fourth quarter [7] Group 7: Macro and Industry News - The Ministry of Industry and Information Technology is collecting applications for AI empowerment in small and medium enterprises for 2025 [9] - The Ministry of Commerce reported a 7.4% year-on-year increase in online retail sales of agricultural products from January to July [9] - The State Council approved the development plan for the biopharmaceutical industry chain in Jiangsu Free Trade Zone [9]

Group 1 - OpenAI achieved its first monthly revenue exceeding $1 billion in July [6] - DeepSeek-V3.1 was officially released [1] - Baidu launched the Steam Engine 2.0 video generation model, enabling integrated multi-person audio-visual video [2] - Zhiyuan Lingxi X2 will begin supply in late August [3] - Zhiyuan A Plan was officially announced, with an investment of 4 billion yuan to incubate 50 early-stage projects over the next three years [4] - iFlytek's Super Brain platform application center has been established in Mianyang [5] - Elon Musk announced that Grok 5 will start training next month [7]

Group 1 - The US stock market showed mixed results with major tech stocks fluctuating, while popular Chinese concept stocks mostly rose, suggesting a strategy of buying on dips [2] - The Shanghai Composite Index reached a ten-year high, with significant trading volume, indicating a bullish market sentiment and opportunities for active participation [2] - The focus on the ChiNext and STAR Market reflects a trend towards high volatility stocks, which are seen as the fastest route to profit in the current bull market [2] Group 2 - A significant breakthrough in star-ground communication technology was achieved by a Chinese research team, doubling the transmission rate to 4200 Mbps using dual-channel X-band [3] - The micro-short drama industry is rapidly expanding, with over 2300 vertical screen micro-short drama crews received in the first seven months of the year, surpassing the total for 2024 [4] - The global DRAM market reached a historical quarterly high of $32.101 billion in Q2 2025, driven by AI demand and rising prices for traditional DDR4/LPDDR4X [5] - China's manned lunar exploration program made a significant milestone with the successful ignition test of the Long March 10 series rocket, following previous successful tests [6] - The launch of multiple models by Zhiyuan Robotics aims to enhance online sales channels and broaden brand coverage, with products set to be available on major e-commerce platforms [8]