Investment Rating - The report maintains a positive investment rating for the power equipment industry, recommending specific companies for investment opportunities [1][2]. Core Insights - DeepSeek has launched a new generation model, DeepSeek-V3.2, achieving GPT-5 level performance while reducing computational costs by 40% compared to equivalent GPU systems [1][56]. - Amazon has introduced its next-generation self-developed chip, Trainium3, which significantly lowers AI model training and operational costs [1][56]. - The approval of the Panxi UHV project, with a total investment of approximately 231.77 billion yuan, aims to enhance the power supply capacity in Sichuan [1][58]. - The release of the "Digital Evaluation Index for Distribution Networks (2025)" aims to standardize the digital transformation of distribution networks [1][59]. Summary by Sections Power Equipment - Recommended companies include Dongfang Electric, Shunhua Power, and others, with a focus on digitalization and UHV projects [1]. - The report highlights the approval of the Panxi UHV project, which will improve the backbone power grid in Sichuan [1][58]. - The digital evaluation index for distribution networks has been published to guide the digital transformation of the sector [1][59]. Renewable Energy - The report emphasizes the ongoing development in the renewable energy sector, particularly in energy storage and wind power [2]. - Companies such as Sunshine Power and CATL are recommended for their strong positions in the energy storage market [2]. - The report notes the increasing number of policies supporting new energy storage construction [2]. Robotics and Automation - The report mentions the U.S. government's focus on accelerating the development of robotics technology, with recommended companies in the humanoid robot sector [3]. - Companies like UBTECH and Wuzhou Xinchun are highlighted for their potential in the robotics field [3]. Photovoltaics - The extension of the U.S. solar import tariff exemption until November 2026 is noted, with recommended companies in the photovoltaic sector [3]. - Companies such as GCL-Poly and Tongwei are highlighted for their strong market positions in solar energy [3].

人民财讯12月3日电，11月30日，灵境智源与冠盛股份（605088）在温州正式签署战略合作协议，并联 合上海人工智能研究院、浙江灵巧智能科技有限公司，共同启动一款具备端边侧算力与多模态感知能力 的智能仿生机械臂的研发。根据合作协议，此次合作形成一条清晰的技术链路：冠盛股份与上海人工智 能研究院共同攻坚一体化仿生关节，与浙江灵巧智能科技联合开发灵巧手。而与灵境智源的核心合作， 则直指整套系统的"神经中枢"——"大小脑协同控制系统"的联合开发。 ...