Investment Rating - The report assigns a "Buy" rating for the company, marking it as the first coverage [5]. Core Insights - The company is recognized as the "first stock of smart mining" on the Beijing Stock Exchange, focusing on industrial internet technology for smart mining, IoT+, and smart municipal services [1][16]. - The company emphasizes R&D, with a high proportion of R&D personnel and significant investment in innovation, which is crucial for long-term growth [2][10]. - The market for mining robots is projected to be a trillion-dollar opportunity, with significant demand for inspection robots in coal mines [3][10]. - The collaboration with partners like Yushu Technology and Shanxi Coking Coal Group aims to address industry pain points and lead the transformation towards "embodied intelligence" in mining [4][10]. - The company plans to acquire a 51% stake in Haitu Technology to enhance its industrial internet capabilities and AI strategy [9][10]. Summary by Sections Company Overview - Founded in November 2000, the company is headquartered in Taiyuan, Shanxi Province, and was listed on the Beijing Stock Exchange in November 2021 [1][16]. - The company has developed a range of technologies and products for smart mining, including robots that have been recognized by national authorities [1][16]. R&D Focus - In 2024, the company has 278 R&D personnel, accounting for 43.2% of total employees, with a significant increase in patent holdings [2][10]. - The R&D expenditure for 2024 is projected at 51.24 million yuan, representing 11.81% of revenue, indicating a strong commitment to innovation [2][10]. Market Potential - The demand for inspection robots in coal mines is estimated at around 400,000 units, with a conservative market value exceeding 100 billion yuan [3][10]. - The company is positioned to capitalize on the growing trend of smart mining, supported by government policies and technological advancements [27][28]. Strategic Partnerships - The collaboration with Yushu Technology and Shanxi Coking Coal Group aims to create a comprehensive solution for mining automation, addressing the challenges of deploying multifunctional robots in complex environments [4][10]. - The partnership leverages the strengths of each company to overcome technological and operational barriers in the mining sector [4][10]. Financial Projections - The company forecasts net profits of 26.05 million yuan, 71.47 million yuan, and 101.26 million yuan for 2025, 2026, and 2027, respectively, with corresponding P/E ratios indicating potential for value re-evaluation [10][11].

记者9月25日从杭州高新区（滨江）获悉，该区与山西转型综合改革示范区相关单位日前正式签署合作 协议，计划联合开发集成自主导航、多模态环境感知、气体检测、应急响应等核心功能的矿山具身智能 机器人。该机器人可实时监测井下瓦斯浓度、设备运行状态等关键信息，为煤矿安全生产装上"智能大 脑"与"敏锐前哨"。 签约仪式上，山西焦煤能源集团股份有限公司、山西科达自控股份有限公司、杭州宇树科技股份有限公 司三方共同签订矿用多足特种机器人联合研究室共建协议。同时，三方与杭州具身智能中试基地科技有 限公司签署联合开发矿山具身智能框架协议。两份协议的签署，意味着一个集技术研发、中试转化、场 景应用于一体的矿山智能创新联合体正式成立。 此次合作中，在技术输出端，杭州宇树科技股份有限公司提供高性能机器人本体；杭州人工智能应用中 试基地（具身智能方向）依托"技术验证—数据服务—小批量试制"全链条服务能力，推动实验室技术快 速转化为适应井下严苛环境的成熟装备，解决"技术能用、好用"的关键问题。在场景落地端，山西焦煤 能源集团股份有限公司开放真实井下应用场景，主导终端测试与实际验证；深耕矿山智能化领域的山西 科达自控股份有限公司则负责系统集 ...

Core Viewpoint - The "2025 Intelligent Robot Key Technology Conference" will be held in Qiqihar City from July 22-24, 2025, focusing on advancements in intelligent robotics and their applications across various industries [1]. Group 1: Embodied Intelligence Forum - The "Embodied Intelligence Forum" will take place on the afternoon of July 23, 2025, emphasizing core technological innovations and cross-industry applications in embodied intelligence [2]. - The forum will feature expert reports and PhD flash presentations aimed at promoting the full-chain development of embodied intelligence from theoretical breakthroughs to industrial implementation [2]. Group 2: Expert Reports - Key presentations include: - "Cognitive Navigation Technology for Embodied Intelligence" by Professor Yue Yufeng from Beijing Institute of Technology, addressing dynamic environment perception and autonomous decision-making [3]. - "High-Quality Development Path for Mining Embodied Intelligent Robots" by Wang Lei, focusing on intelligent solutions for specialized scenarios [3]. - "Dynamic Locomotion Control of Legged Robots" by Professor Zhang Guoteng, innovating adaptive technologies for complex terrains [3]. - "Human-Machine Collaboration Driven by Cross-Modal Embodied Intelligence" by Associate Professor Yang Kun, exploring multi-modal perception integration and operational optimization [3]. - "Fall Prediction Research Based on Transfer Learning and Attention Fusion ResNet" by Professor Wu Chuanyan, enhancing intelligent health monitoring systems [3]. - "Skill Learning for Robot Manipulation of Flexible Objects" by Fu Tianyu, tackling challenges in unstructured environments [3]. Group 3: PhD Flash Presentations - The forum will also showcase young scholars presenting cutting-edge research on the application innovations of embodied intelligence in industrial and medical fields, highlighting the youthful energy driving technological implementation [4]. Group 4: Health and Rehabilitation Robots Forum - The "Health and Rehabilitation Robots Forum" will be held on the morning of July 24, 2025, addressing technological solutions to aging challenges [6]. - Expert reports will cover topics such as: - "Robot Empowerment Paths for China's Aging Population" by Zhang Jianhua, outlining technological routes to address aging society issues [6]. - "Technological Innovation in Elderly Care Services and Applications of Care Robots" by Lan Zhi, discussing care scenarios across institutions, communities, and homes [6]. - "Key Technologies and Clinical Research of Lower Limb Rehabilitation Exoskeleton Robots" by Guo Zhao, revealing new mechanisms for gait reconstruction and neural compensation [6]. - "Intelligent Gait Analysis and Clinical Applications" by Ji Bing, driving innovations in AI-enabled rehabilitation assessment paradigms [6]. - "Design and Implementation of Acupuncture Robot Systems" by He Zhaoshui, overcoming automation challenges in traditional therapies [6]. - "Bionic Arm Systems with Multi-Modal Tactile Perception" by Zhang Ting, exploring fine manipulation challenges in human-robot interaction [6]. - "Personalized Rehabilitation Assessment and Motion Control Optimization Driven by Muscle Coordination" by Sheng Yixuan, pioneering personalized functional reconstruction solutions [6]. Group 5: Youth Innovation Reports - The forum will feature flash presentations from young scholars on topics such as: - "Minimum Impact Trajectory Planning for Lower Limb Rehabilitation Robots" by Wang Xincheng [7]. - "Cardiovascular Health Risk Perception Technology Based on Multi-Sensor Fusion" by Xie Shiqin [7]. - "Design and Analysis of Multi-Posture Lower Limb Rehabilitation Robots" by Yu Hongfei [7]. - "Development of Portable Multi-Channel fNIRS Systems" by Xiang Jiayao [7].

证券代码：831832 证券简称：科达自控 公告编号：2025-068 山西科达自控股份有限公司 投资者关系活动记录表 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 □分析师会议 □路演活动 □其他 二、 投资者关系活动情况 一、 投资者关系活动类别 □特定对象调研 √业绩说明会 □媒体采访 □现场参观 □新闻发布会 回复：尊敬的投资者，您好！公司将对外加强市场拓展，对内加强管理、降 本增效。市场向好的趋势不变，公司对未来充满信心。全体科达人将全力以赴， 争取为股东创造更大的价值。谢谢。 活动时间：2025 年 5 月 20 日 活动地点：公司通过全景网"投资者关系互动平台"（https://ir.p5w.net） 采用网络远程的方式召开业绩说明会。 参会单位及人员：投资者网上提问 上市公司接待人员：董事长付国军、董秘任建英、财务负责人牛建勤 三、 投资者关系活动主要内容 1、请问公司新成立的杭州子公司主要经营什么业务，成立目的和意义是 什么？ 回复：尊敬的投资者，您好!公司基于战略发展需要，投资设立 ...