Core Viewpoint - Aishide has reported strong financial performance for the first three quarters of 2025, with revenue of 39.375 billion yuan and a net profit of 337 million yuan, driven by its core business and strategic investments in AI and robotics [1][2][3] Financial Performance - For the first three quarters of 2025, Aishide achieved revenue of 39.375 billion yuan and operating profit of 574 million yuan, with a net profit attributable to shareholders of 337 million yuan [1] - The net cash flow from operating activities reached 2.701 billion yuan, representing a year-on-year increase of 129.21% [1] Business Strategy - Aishide is enhancing its core business by expanding its channel system and deepening capital layout, particularly in the context of the Apple AI terminal cycle [1] - As of September 30, 2025, the total number of Apple Authorized Retail Stores (APR) reached 246, an increase of 46 stores from the beginning of the year, maintaining its position as the largest in the country [1] - The company is also strengthening its online operational capabilities across platforms like Tmall, JD.com, and Douyin [1] Investment in High-Growth Sectors - Aishide has established a 500 million yuan "Aishide Smart City Fund" in partnership with Shenzhen Smart City Industry Investment Fund, focusing on AI, smart terminals, and next-generation information technology [2] - The company has made strategic investments in two high-growth firms, Yunshen Technology and Saigan Technology, which specialize in robotics and flexible tactile sensors, respectively [2] Global Expansion - Aishide's partnership with Honor is accelerating its international business, with exclusive sales and service authorizations in regions including Hong Kong, Thailand, and Vietnam, and new authorizations in the Middle East, Africa, and Australia planned for 2025 [2] - Honor's market share in Hong Kong reached 20.2%, ranking it among the top two, while in Macau, it held a 32.4% market share, and retail activation in Vietnam grew by over 300% year-on-year [2] Transformation and Future Outlook - Aishide is transitioning from a traditional distributor to an "intelligent terminal ecosystem enterprise," leveraging stable cash flow from the Apple ecosystem and growth potential from AI and robotics investments [3] - The company aims to create a new global growth pattern through a synergistic layout of "equity + channels + regional expansion," benefiting from the appreciation of equity value and channel expansion [3]

云深处科技作为具身智能领域的创新引领者，自2016年成立以来专注于人形及四足机器人研发，其"绝 影"系列产品在电力巡检、应急救援等B端场景已落地600余个项目，与国家电网、宝钢股份（600019） 等巨头建立长期合作，多项性能指标居全球领先。此次近5亿元融资中，除爱施德智城基金外，达晨财 智、国新基金等机构亦参与投资，多方资本加持凸显行业对其技术路线与商业化前景的认可。 爱施德智城基金全称为深圳爱施德智城产业投资并购合伙企业，总规模5亿元。作为国内领先的数字化 分销与零售服务商，爱施德在新消费、AI智算等领域积累深厚，此次联合深智城产投设立基金，旨在 通过资本运作推动产业升级。深智城产投作为深圳市智慧城市科技发展集团的资本平台，在数字经济与 智慧城市领域资源禀赋突出，双方此前在荣耀品牌发展中已形成紧密协作——2020年深智城集团牵头收 购荣耀业务资产，爱施德以6.6亿元成为荣耀渠道商最大战略投资者，如今荣耀已启动上市辅导，双方 战略合作持续深化。 作为产融结合战略的重要实践，此次投资是爱施德深耕智慧终端、人工智能等科技领域的关键布局，公 司将以此为契机深度融入机器人产业发展浪潮，通过资本赋能与产业协同，为公司 ...