证券日报网讯1月9日，依顿电子（603328）在互动平台回答投资者提问时表示，2025年前三季度影响公 司净利润增速的主要原因为原材料价格上涨、汇兑收益减少，同时公司加大了研发、市场投入。未来， 公司将持续深化大客户战略，提升高端产品份额；积极开拓新产品与新技术领域，不断挖掘智能驾驶、 智能座舱及车电、无线通信等高附加值产品；通过精细化管理、工艺优化及成本控制等措施，不断提升 运营效率和毛利率水平。 ...

1月8日佑驾创新(2431.HK)公告，宣布基石投资者Horizon Together Holding Ltd.基于对公司业务的长期看 好，近期在公开市场购买了总计68.82万股本公司H股，而Horizon Together Holding Ltd.由地平线机器人 (9660.HK)全资拥有。本周内，佑驾创新已宣布启动2亿元回购计划、大股东延长禁售期，以及董事长刘 国清多轮增持的组合拳动作，向市场释放长期发展信心。 携手推动L4无人物流车业务快速发展 公开信息显示，地平线已以基石投资者身份参与佑驾创新、奇瑞汽车、博泰车联网三家公司的IPO。三 家企业均为智能汽车产业链龙头企业，奇瑞汽车作为国内头部自主品牌，是2025年港股市场规模最大的 车企IPO之一，博泰车联网也是智能座舱头部企业。 佑驾创新是其中唯一在L2前装量产、智能座舱、L4自动驾驶三大领域多维度深耕，并均收获商业化硕 果的公司。其全栈能力在地平线投资版图中具备显著稀缺性，这也是其能获得地平线继续加码的重要原 因。 此外，这次地平线的增持也为投资者提供了一个重新审视佑驾创新的契机。 业内共识是，一家公司的内在价值最终要由业务决定，而产业资本的选择往往 ...

Core Insights - The article discusses how Junsheng Electronics leverages capital and strategic planning to achieve high-quality development and competitive advantages in the global automotive parts industry amid the trends of electrification and smart technology [1] Group 1: Mergers and Acquisitions - Junsheng Electronics' growth is closely linked to a series of strategic international mergers and acquisitions, including the acquisition of German company Preh and American company KSS, marking a significant transition from a local to a global player [1][2] - The company emphasizes a "dual-wheel drive" strategy, focusing on manufacturing as the main driver and capital markets as a supplementary force, which has embedded global integration and resource allocation capabilities into its operations [1][2] Group 2: Financial Performance - In the first three quarters of 2025, Junsheng Electronics reported a revenue of 45.844 billion yuan, a year-on-year increase of 11.45%, and a net profit attributable to shareholders of 1.12 billion yuan, up 18.98% [2] - The overall gross margin improved to 18.3%, with the third quarter achieving a gross margin of 18.6%, the highest in nearly three years, attributed to deep integration and synergy from global acquisitions [2] Group 3: Competitive Positioning - Junsheng Electronics is now the second-largest automotive safety system supplier globally, with strong competitiveness in smart driving, smart cockpit, and new energy management [3] - The company’s core competitiveness stems from its precise judgment of industry trends and timely market entry, enhancing its product lines and technological moat through successful acquisitions [3] Group 4: Future Investments - The company is focusing on the emerging robotics business, which, despite its current low revenue contribution, is seen as a significant growth area following smart connectivity and autonomous driving [4] - Junsheng Electronics has been proactive in the robotics sector for three years, leveraging its existing technology in automotive electronics and safety to develop robotic solutions [4][5] Group 5: Regional Advantages - The company acknowledges the advantages of its roots in Ningbo, which is characterized by high-end manufacturing and a complete industrial chain, contributing to its growth and operational efficiency [6] - The supportive business environment in Ningbo, including government and financial institution backing, is crucial for the company’s development and strategic mergers [6] Group 6: Strategic Vision - Junsheng Electronics emphasizes the importance of long-term vision and continuous innovation in manufacturing, requiring regular reassessment of its strategic direction every few years [7] - The company’s approach to industry transformation and its commitment to global expansion serve as a practical case for observing the evolution of Chinese manufacturing in the context of globalization and technological advancement [7]

Group 1 - The core viewpoint of the news is that Junsheng Electronics has shown significant stock performance and financial growth in 2023, with a notable increase in share price and market capitalization [1][3]. - As of December 30, Junsheng Electronics' stock price increased by 2.05% to 30.34 CNY per share, with a total market capitalization of 47.05 billion CNY [1]. - The company has experienced a year-to-date stock price increase of 96.83%, with a recent 3.94% rise over the last five trading days [1]. Group 2 - Junsheng Electronics, established on August 7, 1992, and listed on December 6, 1993, specializes in providing smart automotive technology solutions, operating in five business segments [2]. - The main revenue sources for Junsheng Electronics are automotive safety systems (62.53%), automotive electronic systems (27.53%), and other segments [2]. - As of September 30, the company reported a revenue of 45.84 billion CNY for the first nine months of 2025, reflecting a year-on-year growth of 11.45% [3]. Group 3 - The company has distributed a total of 1.53 billion CNY in dividends since its A-share listing, with 862 million CNY distributed over the past three years [4]. - As of September 30, 2025, the number of shareholders increased by 38.21% to 126,500, while the average circulating shares per person decreased by 28.33% [3][4]. - Major shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 26.29 million shares, and Southern CSI 500 ETF, which reduced its holdings by 307,400 shares [4].

财务数据显示，公司业绩呈现稳健增长态势。2022年至2024年，营业收入分别为6.73亿元、8.88亿元和 10.75亿元；归母净利润分别为1699.46万元、7241.72万元和7857.02万元。2025年1-6月，公司实现营业 收入5.44亿元，净利润4330.34万元。 据招股书披露，宏景电子高度重视研发创新，报告期内研发费用率维持在3.27%至3.95%之间。截至 2025年6月30日，公司拥有研发人员137人，共获得授权专利118项，其中发明专利37项，软件著作权44 项。公司建立了完整的研发设计、工艺开发与智能制造体系，在底盘安全控制等高端汽车电子产品制造 领域具备国内稀缺的规模化生产能力。 新京报贝壳财经讯（记者黄鑫宇）12月26日成为12月内北交所单日IPO受理量最高的一天。在这一天， 5家企业IPO申报同时获北交所受理。 芜湖宏景电子股份有限公司（"宏景电子"，证券代码：874751）即位列这5家企业之中。招股书显示， 宏景电子成立于2003年，是一家国家级专精特新"小巨人"企业，并入选国家重点支持的"小巨人"企业名 单。公司主要从事汽车电子及其他智能电子的研发、生产和销售业务。在汽车电子 ...

证券日报网讯12月22日，富维股份（600742）在互动平台回答投资者提问时表示，公司与月泉仿生合作 的项目是机器人场景化应用的项目。双方联合成立的"富维-月泉机器人应用实验室"，以富维集团智能 座舱产品的实际生产需求，构建了与现场工位1：1复现的仿真环境，通过在仿真环境中开展博文W-Bot 轮式人形机器人的数据采集和模型训练，推动人形机器人在汽车零部件制造领域的应用落地，加速机器 人产业化进程。 ...

据了解，当前特斯拉、Figure AI正集体放弃此前依赖的真机遥操路径，转而探索纯视觉学习方案，其理 想是让机器人通过观看海量视频，直接习得人类的动作与智慧。 王晓刚介绍，ACE研发范式彻底颠覆传统逻辑，将人类与物理世界的互动规律作为核心研究起点，以环 境式数据采集为引擎，构建了一套从"环境式数据采集—开悟世界模型3.0—具身交互"的全链路技术体 系。 目前，大晓机器人汇集了来自南洋理工大学、香港大学和香港中文大学的全球稀缺的AI领域前沿科学 家，其中大晓机器人首席科学家陶大程为澳大利亚科学院院士，荣获IEEE计算机学会技术成就奖，曾 出任京东探索研究院创始院长、优必选人工智能首席科学家。 （文章来源：新京报） 新京报贝壳财经讯（记者罗亦丹）12月18日，AI公司商汤旗下的大晓机器人正式发布行业首创的ACE 具身研发范式、首个开源且商业应用的开悟世界模型3.0（Kairos 3.0）、让具身本体拥有自主空间智能 的具身超级大脑模组A1，高调进军具身智能领域。 贝壳财经记者现场体验开悟世界模型3.0发现，其主要功能是生成一系列机器人测试场景视频，比如"机 械臂夹取水杯"等。大晓机器人展台工作人员告诉记者，机器人 ...

人民财讯12月11日电，12月10日，空客集团(AirBus)高层访华团到达苏州工业园区，与协会会员单位智 达诚远、思必驰、九识智能、星逻智能等本土AI企业展开深度对接。此次访苏，空客带着对AI技术赋 能航空产业的迫切需求，聚焦智能交互、智能座舱、低空经济、数字化服务等核心赛道，寻求与中国 AI创新企业的战略协同。交流对接环节中，协会会员单位思必驰、九识智能、星逻智能、智达诚远围 绕自身核心优势与海外业务布局展开分享：思必驰在车载智能交互领域的技术积淀、九识智能的无人物 流车在海外市场的业务深耕、星逻智能在低空经济的场景突破、智达诚远在智能座舱的产品创新，共同 构成了园区AI企业"技术过硬、出海能战"的实力矩阵。 ...

近期，佑驾创新无人物流车的规模化落地迎来新进展，公司宣布与玛斯特公司达成业务合作，敲定500 台小竹T5无人物流车订单。近日，佑驾创新董事长刘国清接受中国证券报记者采访时表示，市场对无 人物流车的需求和认可度持续攀升，公司看好无人物流车发展前景，行业即将迎来爆发期。 11月下旬，佑驾创新宣布与新吉奥汽车、必应货滴签署战略合作协议，将共同完成800台符合车规级标 准、具备市场竞争力的无人物流车设计、生产与交付。 从订单节奏以及落地城市来看，小竹无人车已开始走向全国市场。国证国际研报称，佑驾创新的L4级 无人驾驶汽车业务已有突破，从无人巴士到无人物流车，将自动驾驶技术从载人场景逐步复制到载货场 景，完成业务拓展。 展望"十五五"，佑驾创新表示，公司将持续迭代技术，拓宽应用边界，携手更多生态伙伴推动自动驾驶 技术深度落地。 接连斩获新订单 2025年9月，佑驾创新发布无人物流车品牌小竹无人车，为行业带来全新的车规级无人物流车产品选 择。小竹无人车首发的两款车型中，T5车型主要服务于快递城配、商超零售、生鲜配送等细分场景； T8车型可广泛应用于城配与工业物流，并可深入矿区与港口等更多专业场景。 刘国清将小竹无人车最初 ...

Core Insights - The company has made significant progress in the large-scale deployment of its autonomous logistics vehicles, securing a total of 500 orders for the Xiaozhu T5 model from Master Company, indicating a growing market demand for autonomous logistics solutions [1][2] - The company is optimistic about the future of autonomous logistics vehicles, anticipating a surge in demand and a potential explosion in the industry as it continues to iterate on technology and expand its application boundaries [1][3] - The company aims to enhance its production capacity, with expectations to deliver around 10,000 units in the coming year, reflecting a strategic approach to scaling operations gradually [3][4] Order Acquisition and Market Expansion - The company has recently secured additional orders, including 100 units of autonomous logistics vehicles and a strategic partnership with Hunan Xiangjiang Intelligent, focusing on deepening technology applications in the region [2][3] - The Xiaozhu autonomous vehicles are beginning to penetrate the national market, with reports indicating that the company’s L4 autonomous driving business has made significant breakthroughs [2][3] - The company is collaborating with various partners to design, produce, and deliver 800 units of logistics vehicles that meet automotive standards, showcasing its commitment to expanding its product matrix [2][4] Technological Advancements and Cost Reduction - The company is focused on reducing costs through technological advancements and economies of scale, which are seen as key competitive advantages in the autonomous logistics vehicle market [4][5] - The company plans to continue investing in technology iteration and research and development for its autonomous logistics vehicles, aiming to build a mutually beneficial ecosystem with partners [4][5] - The company has announced plans to issue new H-shares to raise approximately HKD 204 million, with a significant portion allocated to the development of L4 autonomous logistics vehicles [4][5] Strategic Collaborations and Product Development - The company has achieved breakthroughs in the passenger vehicle sector, collaborating with a leading domestic automotive brand to provide advanced intelligent driving solutions for flagship SUV models [5] - The company is expanding its global footprint by entering multiple export vehicle supply chains and exploring diverse application scenarios, enhancing overall system cost-effectiveness and user experience [5] - The company has established partnerships with 42 automotive manufacturers, indicating a broadening customer base and ongoing global expansion efforts [5]