根据合作意向书，双方就成立合资公司或其他合作架构进行探讨，以整合双方技术、制造与市场资源， 提升产品竞争力与市场渗透率。双方就人形机器人谐波减速器及相关零部件研发、设计、测试与制造流 程进行初步技术交流，并于可行性确认后，另行署签正式协议以明确知识产权、技术授权与成果归属事 宜。双方可于自愿基础上共享市场资讯与潜在客户名单，并探讨未来在市场推广、品牌合作或供应链协 同等方面可行性。双方依据市场与技术发展状况，逐步扩展合作领域，以建立具有长期策略意义的合作 关系。 由于各下游客户对不同的终端产品应用场景有不同的要求，其测试方式、测试条件、测试设备、标准要 求等可能会存在差异，单一客户的样品内部测试结果，并不能代表能满足下游其他客户的使用要求、测 试条件和标准。 金帝股份表示，本次签订的战略合作意向书有利于公司将自身在制造与研发领域的优势，与东培股份在 技术与产品应用方面的经验相结合，将公司研发优势转化为具有市场竞争力的终端产品，通过建立稳 定、高效的合作机制，提升公司在产品规划及整体运营上的效率。 公司将持续推进产品型号拓展研发测试，同时积极拓展产业链客户，为后续量产和市场拓展奠定了基 础，提升新质生产力。截至 ...

Market Review - The Huaxia Sci-Tech AI ETF (89010) closed at 1.374 CNY, down 0.94%, following a decline in the Sci-Tech AI Index (-1.01%) [1] - The ETF showed a recovery after a low opening, indicating short-term support [1] - Among the constituent stocks, 5 increased while 25 decreased, with Weisheng Information and Tianzhun Technology leading the gains, while Fuxin Software and Fudan Microelectronics saw significant declines, reflecting pressure on AI applications and computing power [1] - The Robot ETF (562500) closed at 0.996 CNY, down 0.50%, fluctuating between 0.984 and 0.999 CNY throughout the day [1] - The trading volume exceeded 900 million CNY, maintaining stable trading activity [1] Hot News - Xiaopeng aims to achieve large-scale production of advanced humanoid robots by the end of 2026 [2] - At the 8th China International Import Expo, Wang Xingxing, founder of Yushu Technology, commented on the development speed of embodied intelligent models, noting that while there has been significant progress in some areas this year, the pace of advancement in large models is slightly slower than expected [2] - Jindi Co. announced innovations in the development of robot harmonic reducer flexible wheel products, successfully achieving import substitution through precision stamping [2] Institutional Views - Guojin Securities emphasizes the importance of new technology iterations and component ticket pricing, highlighting the competitive advantages of automotive manufacturers and brands that understand demand scenarios and hardware supply chains [3] - The report suggests focusing on the "ticket pricing" and technological iterations, particularly in the supply chain related to Tesla and its components [3] - Key recommendations include the full-size humanoid robot UM Ningbo Huaxiang and attention to the development of dexterous hands and motors [3] Popular ETFs - The Robot ETF (562500) is the only ETF in the market with a scale exceeding 20 billion CNY, offering the best liquidity and comprehensive coverage of the Chinese robotics industry [4] - The Huaxia Sci-Tech AI ETF (589010) is positioned as the "brain" of robotics, with a 20% fluctuation limit and flexibility in small and mid-cap stocks, aiming to capture the "singularity moment" in the AI industry [4]

Core Viewpoint - The company has successfully developed a new type of robot harmonic reducer flexible wheel product using precision stamping instead of forging, achieving import substitution and meeting high fatigue strength requirements [1] Group 1: Product Development - The company has innovatively adopted precision stamping to replace traditional forging processes in the development of flexible wheel products [1] - The product's grain size testing indicators are within the commonly used range for harmonic flexible wheels, indicating successful material development [1] - Fatigue life validation tests conducted by some customers have exceeded three months without any abnormal issues, demonstrating product reliability [1] Group 2: Process Improvement - The company is continuously working on the research and trial production of the precision machining process for flexible wheel initial blanks, aiming for seamless integration with customer processes [1] - This integration reduces the need for repeated investments in tooling and fixtures, thereby lowering overall supply chain costs [1] Group 3: Market Expansion - The company plans to continue expanding its product model development and testing, while actively seeking to broaden its customer base within the supply chain [1] - These efforts are aimed at laying a foundation for future mass production and market expansion, enhancing new productivity capabilities [1]

Core Viewpoint - Jin Di Co., Ltd. has successfully developed a new type of robot harmonic reducer flexible wheel using precision stamping instead of forging, achieving import substitution and meeting high fatigue strength requirements [1] Group 1: Product Development - The company has innovatively adopted precision stamping to replace traditional forging processes in the development of the flexible wheel initial blank for robot harmonic reducers [1] - Collaboration with upstream and downstream industry chain partners has led to the development of special materials for this product [1] Group 2: Performance Testing - The product has passed grain size level testing and is within the commonly used range for harmonic flexible wheels [1] - Some customers have conducted fatigue life validation tests for over three months without any abnormal issues reported, indicating promising product reliability [1] Group 3: Financial Impact - Currently, the flexible wheel initial blank products have not generated revenue and do not significantly impact the company's overall performance [1]