【市场复盘】 本周二 （1月6日），科创人工智能ETF华夏（589010）收涨1.72%。 持仓股方面多点开花，星环科技-U 强势封板20%涨停，澜起科技、中科星图等核心标的联袂大涨，显示出科创板AI标的的高弹性特征。值 得注意的是，该ETF今日换手率飙升至8.49%，成交额突破3.24亿元，交投情绪显著回暖，显示出资金 在震荡中对人工智能赛道长期配置价值的认可。机器人ETF（562500）上涨0.39%，全天走出精彩的"深 V"反转行情，早盘急跌后快速拉升修复，显示出极强的韧性和逢低买盘支撑。持仓股方面多点开花， 瑞松科技强势领涨5.55%，绿的谐波大涨4.57%，石头科技、中信重工、昊志机电均涨超2%，产业链上 下游共振上行。流动性方面，全天成交金额突破17.15亿元，交投维持高位火爆态势，显示出资金对机 器人赛道长期价值的持续关注。 【热点要闻】 1、中国扫地机器人生产商石头科技（Roborock）展示了一款名为Saros Rover的家用扫地机器人，该机 器人配有两条腿、能够爬楼梯。Saros Rover利用人工智能、多个运动传感器和3D空间信息进行导航， 其双腿可独立升降，从而实现跨越阶梯和在不平整 ...

二级市场方面，德赛西威1月6日涨停，最新报收137.39元/股，市值820亿元。 德赛西威深度聚焦于智能座舱、智能驾驶及网联服务三大领域的全栈融合，行业地位持续领先。2025年 上半年，公司智能座舱业务销售额达94.59亿元，同比增长18.76%；智能驾驶业务实现营业收入41.47亿 元，同比增长55.49%。 1月6日晚间，德赛西威（002920）发布公告，公司正在筹划境外发行股份(H股)并在香港联交所上市事 项。目前相关细节尚未最终确定，预计不会改变公司控制权。该事项需提交董事会和股东会审议，并经 中国证监会备案和香港联交所、香港证监会等监管机构审核和批准。 目前，德赛西威第四代智能座舱已在理想汽车、小米汽车、吉利汽车等客户规模化量产，并持续获得广 汽乘用车、吉利汽车、广汽埃安等客户新项目订单；第五代智能座舱平台已获得理想汽车新项目订单。 德赛西威表示，筹划赴港上市旨在推进国际化战略布局，提升公司品牌国际影响力，加快海外业务拓 展，同时打造国际化资本运作平台。 除打入海外客户供应链外，德赛西威逐步构建全球研发与制造、区域供应商协同、全球采购与风控、数 字化运营及区域差异化本土服务能力的国际化供应链体系，目 ...

德赛西威在互动平台表示，公司正式发布机器人智能基座AI Cube，AI Cube沿用了德赛西威在辅助驾驶 领域成熟的技术架构：控制器采用"即插即用"的核心板模块化设计，可灵活提供摄像头、毫米波雷达、 激光雷达等传感器套件，提供包括成熟的底层驱动、中间件、ISP调试等定制化服务，从而帮助客户大 幅缩短开发周期，提升研发效率，降低研发成本。目前，德赛西威已与多家知名机器人企业达成战略合 作。 ...

Group 1 - The AI ETF from Huaxia experienced a decline of 0.82%, closing at 1.329 yuan, with a majority of holdings showing losses, while only a few stocks like Han's Robot showed resilience with a 0.4% increase [1] - Despite the market adjustment, there was a strong enthusiasm for capital allocation, with a turnover rate of 9.09% and a trading volume close to 2 billion yuan, indicating confidence in the AI sector's rebound [1] - The Robot ETF also saw a decline of 0.83%, closing at 0.955 yuan, but notable performers included Hongying Intelligent, which rose by 5.63%, and Dongjie Intelligent, which increased by 4.78% [1] Group 2 - The first intelligent robot 4S store in Hunan opened in Changsha, showcasing over ten types of robots in various operational roles, indicating a growing market for intelligent robotics [2] - Desay SV's announcement of new project orders from international car manufacturers and the launch of the AI Cube for robotics applications highlights the integration of AI in the automotive and robotics sectors [2] - Zhaomin Technology plans to invest up to 2.17 billion yuan in a new automotive parts production base in Thailand to meet the localization supply chain demands of clients in the electric vehicle and intelligent robotics sectors [3] Group 3 - According to招商证券, the highest cost components in humanoid robots are the leg and hand systems, which together account for over 40% of total costs, emphasizing the complexity and importance of these systems in robotic design [3] - The report indicates that the cost structure of humanoid robots is heavily focused on motion drive and operational execution systems, suggesting that lightweight materials and modular designs will be key to future cost reductions [3]

Core Viewpoint - The company has established strategic partnerships with several well-known robotics firms and recently launched the AI Cube, an AI computing terminal for the robotics sector, aimed at enhancing the durability and reliability of key robotic components while achieving "zero defects" [1] Group 1: Strategic Partnerships - The company has formed strategic collaborations with multiple renowned robotics enterprises [1] - These partnerships are expected to enhance the company's position in the robotics industry [1] Group 2: Product Launch - The AI Cube has been officially released, designed as an AI computing terminal for robotics applications [1] - The product incorporates automotive-grade redundancy design from the driving domain into robotic scenarios [1] Group 3: Product Features - The AI Cube aims for "zero defects," significantly improving the durability and reliability of critical robotic components [1] - It enhances the intelligence level of robots in complex environments and offers universal capabilities across various scenarios, from industrial to home applications [1] Group 4: Technical Services - The company provides technical services such as rapid model adaptation, model optimization, and computational acceleration to help clients improve the inference speed of large models [1]

Core Viewpoint - Desay SV (002920.SZ) has secured multiple new project orders from internationally renowned automotive companies and is expanding its production base in Europe [1] Group 1: New Orders and Strategic Partnerships - The company has obtained new project orders from several well-known international automotive manufacturers [1] - Desay SV has established strategic partnerships with multiple renowned robotics companies [1] Group 2: Product Launch and Technological Advancements - The company recently launched the AI Cube, a robotic intelligent base aimed at the robotics sector, which serves as an AI computing terminal [1] - The AI Cube applies automotive-grade redundancy design to robotic scenarios, targeting "zero defects" to significantly enhance the durability and reliability of key robotic components [1] - The product improves the intelligence level of robots in complex environments and offers universal capabilities across various scenarios, from industrial to home applications [1] Group 3: Technical Services and Model Optimization - Desay SV provides technical services that include rapid model adaptation and deployment, model optimization, and computational acceleration to help clients improve the inference speed of large models [1]

Group 1: Investor Relations Activity - The report documents an investor relations activity conducted by Desay SV Automotive Co., Ltd. on November 17-18, 2025, in Huizhou [1][2] - Participants included representatives from various securities firms and investment funds, such as Dongwu Securities and Guotai Junan [2] Group 2: Key Discussion Points - The impact of new intelligent driving regulations was discussed, emphasizing the need for higher performance and safety standards in vehicle configurations [3] - The company has secured new project orders from several international automotive giants, including Toyota, Volkswagen, and Volvo, indicating a strong internationalization process [3] - Progress in the company's robotics domain control business was highlighted, with strategic partnerships established with notable robotics firms and the launch of AI Cube for enhanced reliability and adaptability in various environments [3]

Core Insights - The company Desay SV aims to enhance the robotics sector with its newly launched AI Cube, an AI computing terminal designed for robotics applications, which integrates high-performance computing platforms, middleware, and algorithm frameworks [1][2] - AI Cube received the "Core Component Benchmark Product Award" at the 2025 High-Worker Humanoid Robot Golden Ball Awards for its performance breakthroughs achieved through automotive-grade technology redundancy [1] Product Features - AI Cube's core competitiveness lies in applying automotive-grade redundancy design to robotics, improving the durability and reliability of key components while enhancing intelligence in complex environments [1] - The product features both air and liquid cooling solutions and includes various industrial interfaces to ensure stable operation and data transmission in extreme conditions [1] - AI Cube employs a "plug-and-play" modular design for its core board, allowing flexible integration of sensor suites such as cameras, millimeter-wave radar, and LiDAR, which helps clients shorten development cycles and reduce R&D costs [1] Application Areas - The automotive-grade redundancy design enables AI Cube to possess universal capabilities across various scenarios, including fixed-base robots, wheeled/tracked mobile robots, bipedal robots, and biomimetic robot systems in industrial applications [2] - In home settings, AI Cube can facilitate seamless integration of smart home products while ensuring data security through rapid inference capabilities and information encryption technology [2] - In automotive applications, driving robots can provide emotional companionship and comprehensive AI Agent services by integrating environmental perception both inside and outside the vehicle [2] Strategic Partnerships - The company emphasizes its technological accumulation in intelligent computing platforms and plans to deepen AI technology applications across multiple scenarios, collaborating with ecosystem partners to drive upgrades in the robotics industry [2] - Desay SV has established strategic partnerships with several robotics companies, promoting efficient industry development through a "standardization + modularization" system [2]