杨海川指出，面对能源基础设施环境复杂、安全标准高、运维难度大等挑战，传统巡检方式存在效率低、风险 高、数据割裂等诸多痛点，难以满足现代能源系统对效率、安全与一致性的需求。道和通泰依托智能体控制、多 机协同与行业大模型等自研技术，构建出一套"端-边-云"协同、多智能体联动的无人化巡检系统。该方案融合无 人机、人形机器人、轮式机器人等空中与地面智能体，搭载多模态识别、具身智能及业务大模型，结合华为在 5G、云计算与AI底层能力的支持，实现真正意义上的全域、全流程、全天候巡检覆盖。 尤为引人注目的是，道和通泰自主研发的"空地一体Agents集群"架构，基于巡检大模型实现任务自规划与动态编 排。在实际作业中，无人机与地面机器人可实时协同，异常识别、抵近核查、数据分析与决策生成形成闭环自动 化。例如，无人机识别设备异常后，可自主调度附近地面机器人完成精细检测，数据实时回传并处理，大幅提升 运维响应速度与准确性。目前，该方案已在一些能源企业成功应用，显著降低人工成本与安全风险。 2025年8月28日至30日，2025中国国际大数据产业博览会（简称"2025数博会"）在贵阳举办。作为全球大数据与数 字技术发展的重要风向标， ...

道通科技8月17日的电话会议中，孙潇雅亦现身。道通科技称，公司持续夯实"空地一体集群智慧解决方 案"能力，驱动由空中机器人、地面多形态机器人等组成的空地智能体，实现集群协同、自主作业。 （文章来源：证券时报网） 蔚蓝锂芯最新公布的投资者关系活动记录表显示，天风证券孙潇雅等合计逾200人参与公司的电话会 议。公司方面介绍，像BBU（备份电池单元）、机器人、机器狗、eVOTL（电动垂直起降飞行器）这 些新动能，在未来几年会慢慢体现出来，公司会持续积极布局。 此前，丰立智能8月5日的线上交流中，也出现孙潇雅的身影。机器人的领域方面，丰立智能开发用于机 器人的产品有谐波减速器、行星减速器、小微减速器、小伞齿、小圆柱齿、行星轴、灵巧手模组等。 ...

Core Insights - The company reported a revenue of 2.345 billion yuan for the first half of 2025, representing a year-on-year growth of 27.35% [2] - The net profit attributable to shareholders reached 480 million yuan, with a year-on-year increase of 24.29%, while the net profit after deducting non-recurring items was 475 million yuan, showing a significant growth of 64.12% [2] - The company plans to distribute a cash dividend of 5.8 yuan per 10 shares, marking the highest payout in the last three years, reflecting its commitment to shareholder returns [2] Business Segments - The maintenance smart terminal business generated revenue of 1.540 billion yuan, up 22.96% year-on-year, leveraging vast automotive diagnostic data and smart hardware to enhance digital repair scenarios [2] - The energy intelligence hub business achieved revenue of 524 million yuan, a growth of 40.47% year-on-year, supported by power electronics and AI technologies, establishing itself among the global leaders [2] Innovations and Strategic Developments - The company made breakthroughs in the digital energy sector by launching a smart source charging model and self-developed liquid cooling charging modules, reinforcing its leadership in smart charging [3] - The company is advancing its AI strategy by developing AI agents and a smart service system driven by energy data, aiming for higher autonomy in its operations [3] - In response to the rapid development of low-altitude economy and embodied intelligence, the company is deploying integrated air-ground smart solutions, utilizing AI models and supercomputing centers to enhance operational capabilities [3] Market Outlook - Analysts believe that the company's accelerated integration of AI technology into its business will enhance its competitive advantages across three major business areas, leading to a new revenue model driven by AI [3] - With the ongoing expansion of AI technology and structural growth opportunities in the global market, the company is positioned to increase its business scale and move towards becoming a leader in the commercialization of AI industry models [3]

(原标题：道通科技(688208.SH)：公司与国内多家头部机器人公司开展生态合作) 格隆汇8月8日丨道通科技(688208.SEI)在互动平台表示，在公司空地一体集群智慧解决方案中，公司将根据客户的实际场景需求，与行业头部机器 人公司进行联合研发和推广相关地面机器人，在公司空地一体集群智慧解决方案样板点，公司与国内多家头部机器人公司开展生态合作。在AI机 器人行业领域，公司正加速推进以巡检垂域大模型为核心的空地一体解决方案在能源、交通等领域的广泛推广。 相关ETF 食品饮料ETF (产品代码: 515170) ★ 跟踪：中证细分食品饮料产业主题指数 近五日涨跌:0.53% 市盈率: 19.93倍 资金流向: 最新份额为60.0亿份, 增加 了0.0份, 主力资金净流出 668.8 万元。 资金流向: 最新份额为58.0亿份,减少 了3.5亿份，主力资金净流 入3106.7 万元。 估值分位: 68.72% 科创半导体ETF (产品代码: 588170) ★ 跟踪: 上证科创板半导体材料设备主题指数 估值分位:17.43% 游戏ETF (产品代码：159869) ★ 跟踪：中证动漫游戏指数 近五日涨跌：7.9 ...

Core Viewpoint - Daotong Technology has achieved profitability in its AI digital energy business in Q2 2025, with a strong partnership with Huawei opening new growth opportunities [1][5]. Financial Performance - Daotong Technology's 2025 semi-annual performance forecast indicates a net profit attributable to shareholders of 4.6-4.9 billion yuan, representing a year-on-year increase of 19-26.76% [2]. - The company expects a net profit of 8.64 billion yuan in 2025, 10.39 billion yuan in 2026, and 12.50 billion yuan in 2027, with corresponding PE ratios of 25.1, 20.9, and 17.3 times [6]. Business Growth Drivers - The AI-driven digital maintenance and digital energy businesses are experiencing rapid growth, with the launch of new products like the Ultra S2 diagnostic terminal and ADAS calibration system enhancing competitiveness and profitability [3]. - The company has made significant breakthroughs in major global markets, securing large orders from top clients in various industries, which lays a solid foundation for long-term growth [3]. Revenue Structure Optimization - The company has started to separately list AI software revenue, reflecting a shift towards a model where AI software services are charged continuously, with significant growth in the charging cloud business [4]. - The charging cloud business has seen an 80% increase in orders in Q1 2025, indicating strong demand and potential for accelerated revenue growth [4]. Strategic Partnerships - Daotong Technology has become a partner of Huawei, collaborating on the development of integrated smart solutions, which is expected to significantly enhance future growth prospects [5]. - The partnership involves the integration of advanced AI models and hardware, aimed at improving operational efficiency and driving innovation across various business areas [5].

Group 1 - Huawei collaborates with Softcom Power and Daohe Tongtai to explore embodied intelligence in manufacturing, focusing on humanoid robots for general and 3C manufacturing scenarios [1] - Ant Group has invested in Titanium Tiger Robotics, increasing its registered capital from approximately 3.8 million RMB to about 4.11 million RMB, indicating growth and interest in the robotics sector [2] - The first robot-assisted biological knee joint replacement revision surgery has been successfully completed at Peking University Third Hospital, showcasing advancements in surgical robotics [3] Group 2 - The iPhone 17 Pro's heat dissipation system has been revealed, featuring a copper heat plate that significantly improves cooling efficiency compared to previous models, although its effectiveness remains to be validated [4]

Market Overview - On June 23, 2025, the Sci-Tech Innovation Artificial Intelligence ETF (Hua Xia, 589010) closed down 0.72%, with leading declines from Hengxuan Technology down 5.46%, Lanke Technology down 4.36%, and Stone Technology down 3.62% [1] - The Robotics ETF (562500) closed up 0.50%, with East杰智能 leading gains at 10.47%, Tianzhihang up 7.27%, and Kuaike Intelligent up 3.04% [1] - The trading volume for the day was 359 million yuan, making it the most active ETF in its category, indicating good liquidity [1] Key Developments - Huawei and Softcom Power are collaborating to develop humanoid robots for manufacturing scenarios, focusing on general humanoid applications and 3C manufacturing [2] - KPMG's 2025 China Banking Industry Survey Report indicates that the banking sector is leading in the application of large models, with significant efficiency improvements and innovations across various banking operations [2] - Galaxy General announced the completion of a new financing round of 1.1 billion yuan, marking the largest single financing in the field of embodied large model robots, with total financing exceeding 2.4 billion yuan over two years [2] Institutional Insights - China Galaxy Securities states that A-shares are currently at a historical average valuation, relatively low compared to mature overseas markets, suggesting high investment value [3] - The report anticipates a stable upward trend for A-shares in the second half of 2025, driven by policy support and capital inflows, while cautioning about external uncertainties and domestic economic recovery [3] - The focus on technology innovation is highlighted as a core driver for A-share supply-side reform, with recommendations to pay attention to AI computing, AI applications, embodied intelligence, and innovative pharmaceuticals [3] ETF Highlights - The Robotics ETF (562500) is noted as the only ETF in the market with over 10 billion yuan in scale, offering the best liquidity and comprehensive coverage of the Chinese robotics industry [4] - The Sci-Tech Innovation Artificial Intelligence ETF (Hua Xia, 589010) is described as the "brain" of robotics, capturing the "singularity moment" in the AI industry with a 20% fluctuation range and small to mid-cap elasticity [4]

Group 1 - The Ministry of National Security emphasizes that technological self-reliance is crucial for national security, highlighting the need for coordinated development and security to address risks in the tech sector [1] - The Summer Davos Forum is expected to enhance global economic stability and cooperation, with record attendance indicating a strong commitment to economic globalization and trade [2] - The total market size of bond ETFs has surpassed 352.41 billion, with two ETFs crossing the 50 billion mark, indicating a growing interest in bond investments [3] Group 2 - Huawei collaborates with Softcom and other partners to develop intelligent robots for manufacturing, focusing on humanoid robots for various applications [4] - A breakthrough in bidirectional high thermal conductivity graphite film has been achieved, which could provide critical materials for high-power device thermal management [5] - Guangzhou aims for over 90% of new cars to be L2 or higher level intelligent connected vehicles by 2027, indicating a strong push towards smart and connected automotive technology [6] Group 3 - Concerns about a potential recession in the U.S. have been raised, with predictions of a 25% drop in the S&P 500 index, reflecting investor anxiety [7] - The Chinese government is initiating a special rectification campaign in the government procurement sector to address various illegal activities, which may impact procurement practices [8] - China is actively participating in international scientific programs, including ITER and other major initiatives, showcasing its commitment to global scientific collaboration [9][10]

Core Insights - The company reported a revenue of 3.932 billion yuan for 2024, representing a year-on-year growth of 20.95% [1] - The net profit attributable to shareholders reached 641 million yuan, a significant increase of 257.59% year-on-year [1] - The operating cash flow net amount was 748 million yuan, showing a growth of 72.22% [1] Smart Maintenance Business - The smart maintenance business achieved a revenue of 3.018 billion yuan in 2024, with a year-on-year growth of 13.93% [1] - Revenue from automotive comprehensive diagnostic products was 1.267 billion yuan [1] - TPMS series products generated 706 million yuan, marking a growth of 32.55% [1] - ADAS calibration products contributed 390 million yuan, with a year-on-year increase of 26.98% [1] - Software upgrade services brought in 446 million yuan, growing by 24.20% [1] - The company aims to transform its maintenance business into an AaaS model, leveraging AI technology for enhanced diagnostic capabilities [1] Intelligent Energy Business - The intelligent energy business saw a revenue of 867 million yuan, with a substantial year-on-year growth of approximately 53% [2] - This segment accounted for over 22% of the company's total revenue [2] - The customer base includes nearly 100 core clients across various sectors, including charging operators and energy companies [2] - The company has established strategic partnerships with several international energy firms to promote the construction and popularization of new energy charging stations [2] - The company has set up production bases in Shenzhen, Vietnam, and North Carolina, enhancing its global operational capacity [2] Future Projections - The company is expected to achieve revenues of 4.81 billion, 5.99 billion, and 7.50 billion yuan from 2025 to 2027, with year-on-year growth rates of 22.4%, 24.4%, and 25.3% respectively [3] - Net profit attributable to shareholders is projected to be 800 million, 980 million, and 1.23 billion yuan for the same period, with growth rates of 24.0%, 23.0%, and 25.2% [3] - The current stock price corresponds to price-to-earnings ratios of 25, 20, and 16 for 2025 to 2027 [3]