智通财经APP讯，首程控股(00697)发布公告，全球首个聚焦人形机器人的综合性体育赛事—世界人形机 器人运动会，将于2025年8月14日至17日在中国北京国家速滑馆盛大举行。届时，来自全球五大洲16个 国家的280支队伍、500余台人形机器人将展开26个赛项、 538个比赛项目的竞技对决，其中全程由AI演 算法自主控制，无需任何人工操作的全球首创5V5阵型足球对抗赛将在机器人运动会上演。 作为本次机器人运动会的重要参与方，公司及多家被投企业将以"技术参赛+场景验证"的形式，系统展 示集团在具身智能领域的深厚积累与投资成果，并进一步推动整个产业的快速发展，持续助力人形机器 人迈向更广阔舞台。公司依托独特的产业生态体系，致力于通过场景落地与生态赋能，让更多的技术突 破能够迅速转化为市场应用。 除机器人运动会外，公司还将在国家速滑馆西门外设立首程机器人科技体验店，为观众提供一个更直观 的科技体验平台。体验店将展示来自50余家合作企业的近200款产品，涵盖智慧家居、儿童教育、智慧 穿戴等多个领域。现场将设有迎宾导览机器人、AI打麻将、机械臂递物、智慧休闲体验等趣味项目， 让参观者直观感受机器人在日常生活中的应用潜力 ...

Market Overview - The Beijing Grade A office market is facing significant challenges despite ongoing government support for real estate and industry, with rental prices expected to continue declining in Q2 2025 due to global economic uncertainties and corporate strategic contractions [1][8] - The average effective rent for Grade A offices in Beijing fell by 4.7% quarter-on-quarter to 246 RMB per square meter, nearing historical lows, while the vacancy rate reached 17.9%, indicating persistent market weakness [10][8] Demand Dynamics - The demand structure is shifting, with technology sectors, particularly in Zhongguancun, showing resilience due to supportive policies for AI and integrated circuits, leading to new leasing and expansion needs from leading tech firms [2][8] - Financial institutions are also increasing their leasing demands as capital market reforms deepen, while professional services, especially domestic law firms, are seeking office upgrades and expansions [2][8] - Foreign companies remain cautious in their leasing strategies due to geopolitical uncertainties, leading to continued pressure on traditional foreign business districts like Guomao and Yansha [2][8] Transaction Market - The core business district's premium office assets have entered a value investment range, with some benchmark projects seeing price corrections of up to 40% from peak levels, attracting self-use buyers [3][27] - In Q1 2025, the Beijing office transaction market saw a structural recovery with 8 major transactions totaling 7.8 billion RMB, predominantly driven by self-use buyers, who accounted for 75% of the transaction count and 97% of the transaction value [27][29] Recommendations for Tenants - Tenants are advised to assess their needs and existing leases promptly, leveraging the current market conditions to negotiate more flexible terms, such as extended rent-free periods and renovation subsidies [4][5] - Companies should consider optimizing their office space by adopting hybrid models and utilizing technology to enhance operational efficiency [15][4] Recommendations for Owners - Property owners should focus on core industries like TMT and finance, offering flexible leasing terms to attract high-growth tenants [5][8] - With a new supply peak expected in 2026, proactive tenant negotiations and customized service offerings are recommended to build long-term partnerships [5][8] Macro Environment - Despite positive signals from central government policies, the short-term outlook for the Beijing office market remains weak, with rising vacancy rates and declining rents expected to persist [8][10] - In the medium to long term, policy benefits are anticipated to gradually support recovery in technology and consumer-driven sectors, particularly in areas like Zhongguancun [8][10]

前言： 今年的政府工作报告中提出，建立未来产业投入增长机制，培育生物制造、量子科技、具身智能、6G等未来产 业。 作为人工智能领域的前沿热点，具身智能备受瞩目，它被认为是新一波人工智能浪潮的重点方向。 家庭具身智能的市场规模 人工智能大模型的持续突破，如语言视觉多模态大模型能力的增强，为具身智能提供了更强大的"大脑"，使其能 够更好地理解和处理复杂任务。 同时，传感器、机器人关节等硬件技术的不断改进，也提升了具身智能设备的感知和行动能力，推动其在家庭场 景中的应用。 根据头豹研究报告，2023年中国具身智能市场规模已经达到4186亿元 ，随着大模型技术突破，具身智能市场规 模有望持续提升，2027年市场规模预计达到6328亿元。 家庭具身智能作为具身智能的重要应用领域，在老龄化加剧、人们对生活品质追求提升的背景下，需求不断增 长，市场规模也将随之扩大。 国内企业纷纷布局 中国电信成立的人工智能研究院（TeleAI）正在加速智传网（AI Flow）的布局和研究。智传网能够通过家族式同 源模型协同将"端—边—云—网"高效串联。 中国电信相关负责人表示，预计2025年6月份或7月份，自主研发的家用机器人四足狗会小批 ...