Group 1 - The core point of the article is that Hesai Technology (HSAI), a leading global lidar manufacturer, plans to raise approximately $300 million through a listing in Hong Kong, targeting to be listed on the Hong Kong Stock Exchange within the year [1] - In February 2023, Hesai Technology successfully went public on NASDAQ under the ticker "HSAI," raising about $190 million by issuing 10 million ADS at a price of $19 each [1] - The China Securities Regulatory Commission has issued a notice regarding Hesai Technology's overseas issuance and listing, with plans to issue no more than 51,236,200 shares of ordinary stock for the Hong Kong listing [5] Group 2 - According to Yole Group's report, Hesai Technology holds three global leadership positions in the automotive lidar market: the highest market share in automotive lidar, ADAS lidar, and L4 autonomous driving lidar [4] - As of April 2023, Hesai Technology has established production partnerships with over 22 domestic and international automakers, covering more than 120 vehicle models, including major brands like BYD, Li Auto, and Xiaomi [4] - In Q2 2025, Hesai Technology reported revenue of 710 million RMB, a year-on-year increase of over 50%, and a net profit exceeding 40 million RMB, surpassing GAAP profitability targets [4]

Market Performance - The main board led the gains with notable increases from Guangxi Guangdian (+10.08%), Tianwei Vision (+10.05%), and Hubei Guangdian (+10.03) [1] - The ChiNext board saw significant growth with Langke Technology (+20.01%) and Hanbang High-tech (+20.00%) [1] - The Sci-Tech Innovation board was led by Hongquan Wulian (+14.26%) and Tianyue Advanced (+11.42%) [1] - Active sub-industries included SW Other Communication Equipment (+2.39%) and SW Communication Engineering and Services (+2.14%) [1] Domestic News - Zhongdian Electric has integrated with DeepSeek large model, marking a significant step towards intelligent and technological development [1] - Hesai Technology announced a long-term exclusive partnership with a top European OEM, reportedly Mercedes-Benz, to provide high-performance lidar for next-gen automotive platforms [1] - SensorTower reported that the mobile game "Whiteout Survival" by Diandian Interactive achieved a global revenue of $2.07 billion by the end of February, with significant growth from other titles [1] - Daguo Media, authorized by multiple government bodies, has launched a comprehensive internet + traffic + content ecosystem service to enhance content promotion and reach [1] Company Announcements - Shenzhen South Circuit announced a 2024 revenue of 17.907 billion yuan (+32.39%), with significant contributions from PCB, electronic assembly, and packaging substrate [3] - Gehua Cable reported a 2024 revenue of 2.314 billion yuan, a decrease of 4.92% year-on-year, with a net profit of -72.55 million yuan [3] - Pengding Holdings achieved a 2024 revenue of 35.140 billion yuan (+9.59%) and a net profit of 3.620 billion yuan (+10.14%) [3] - Yunzhu Technology announced a share reduction plan for its directors and supervisors [3] International News - Anson Semiconductor launched its first real-time indirect time-of-flight sensor, Hyperlux™ID, capable of high-precision measurements and 3D imaging [4] - Amazon Web Services and Pearson Group expanded their long-term partnership to enhance AI-powered personalized learning experiences [4] - Samsung's foundry has commenced mass production of fourth-generation 4nm chips, improving performance and reducing manufacturing costs [4]

Core Viewpoint - The robotics sector is experiencing significant growth, highlighted by the surge in stock prices of companies like 越疆 and 禾赛科技, driven by innovative product launches and strategic partnerships [1][4]. Group 1: 越疆's Innovations - 越疆 launched the world's first "dexterous operation + bipedal walking" embodied intelligent humanoid robot, achieving a precision of ±0.05mm in its dual-arm operations [1]. - The new robot, named Dobot Atom, is designed for industrial applications, addressing limitations in current robots regarding operational precision and adaptability in various scenarios [3]. - Dobot Atom can perform high-precision tasks in industrial settings and is also suitable for service and educational purposes, enhancing human-robot interaction [3]. Group 2: 禾赛科技's Growth - 禾赛科技's stock rose over 50% after announcing a landmark multi-year exclusive partnership with a top European OEM to supply high-performance long-range LiDAR for next-generation automotive platforms [4]. - The company projects a strong revenue growth, estimating net revenue between 3 billion to 3.5 billion yuan and Non-GAAP profit soaring to 350 million to 500 million yuan by 2025, which is 25 to 35 times the Non-GAAP profit of 2024 [4]. - The expected delivery of LiDAR units is projected to increase significantly, with estimates of 1.2 million to 1.5 million units by 2025, including nearly 200,000 units for the robotics sector [4][5]. Group 3: Market Trends - The robotics sector is witnessing a wave of stock surges, with companies like 美力科技, 天源迪科, and 东土科技 experiencing significant gains [6]. - Analysts predict that 2024 will be a pivotal year for humanoid robot commercialization, with many leading products entering trial production stages [6].

跨越2030年的多年长期合作项目。 本文为IPO早知道原创 作者｜Stone Jin 微信公众号｜ipozaozhidao 据IPO早知道消息，禾赛科技日前宣布，与一家欧洲顶级主机厂达成了具有里程碑意义的多年独家定 点合作，为其下一代汽车平台提供高性能超远距激光雷达，覆盖其燃油车和新能源汽车的多款车型。 禾赛累计量产定点车型突破100款 新获三家国内头部车企的十余款车型 热门 IPO | 小马智行 | 地平线 文远知行_ | 黑芝麻智能 | | --- | --- | --- | | 手戈平 | 老铺黄金 小菜园 | 美的集团 | | 极智嘉 | 明略科技 特斯联 | 手桌 | 值得一提的是，这是一个跨越2030年的多年长期合作项目，也是至今为止海外前装量产激光雷达领 域规模最大的订单。 禾赛联合创始人及CEO李一帆表示，"此次长期合作项目，不仅是对禾赛极致性能与卓越质量的高度 认可，更是对禾赛产品实力的有力证明。这充分表明我们的产品能够满足国际顶级汽车主机厂的严苛 标准，也彰显了客户对我们未来发展的坚定信心。我们深感荣幸能够凭借创新的激光雷达技术，为未 来出行注入强大动力，这一技术将在传统燃油车与电动汽车平 ...