1月9日，中国证监会发布《境外发行上市备案补充材料要求(2026年1月5日—2026年1月9日)》。中国证 监会国际司共对10家企业出具补充材料要求，其中，要求丰疆智能补充说明股权架构搭建及返程并购的 合规性等事项。据港交所9月26日披露，FJD Inc.(简称"丰疆智能")向港交所主板提交上市申请书，摩根 士丹利和中金公司（601995）为联席保荐人。 证监会请丰疆智能补充说明以下事项，请律师核查并出具明确的法律意见： 二、请根据《监管规则适用指引——境外发行上市类第2号：备案材料内容和格式指引》要求，详细说 明发行人及境内运营主体设立情况及设立以来股本和股东变化情况，包括但不限于增资入股、股份转让 及相关价款支付情况；穿透说明持股5%以上股东的基本情况，境外私募基金中是否存在境内投资人； 律师就发行人及境内运营主体设立及历次股权变动是否合法合规发表核查意见。 招股书显示，FJD Inc.是一家全球机器人解决方案及相关赋能技术的供应商，透过为现实世界构建数字 化模型，并为农业与畜牧业、建筑业、物业管理业等关键工作流程带来自动化转型，从而释放人类潜 能。公司自主研发的软硬件集成系统将劳动力从重复性及繁琐任务中 ...

今年9月，时空道宇星座卫星发射现场。 商报记者骆伊莎 今年9月，时空道宇星座(即"吉利星座")第六个轨道面以"1箭12星"的方式，在山东日照附近海域成功发 射。此次发射标志着，由吉利控股集团旗下商业航天企业浙江时空道宇科技有限公司(以下简称"时空道 宇")全栈自主设计研发、建设和运营的低轨卫星物联网星座——时空道宇星座完成了一期组网。至此， 时空道宇在轨卫星增至64颗。这些卫星在距地600公里的太空编织成一张通信大网，实现了除南北极外 的全球任一地表通信覆盖。 这是中国商业航天的一次新突破。近年来，随着全球卫星物联网加速发展，中国企业积极布局星座建设 与技术应用，推动卫星服务规模化落地。时空道宇作为"第一梯队"里的民营企业，完成了从卫星研制到 卫星应用的全链条自主创新。不断提升的星座能力，也已推进航天技术在多个领域发挥作用。 科技之 眼 探索"卫星+"模式 时空道宇星座在轨运行 创新之 翼 打造全球竞争力 据时空道宇CEO王洋介绍，时空道宇星座系统具备每天处理约3.4亿次通信请求的能力，可服务约2000 万用户。"在通信性能方面，星座可以提供稳定可靠的数据传输，单条通信链路可承载文字、语音和图 片等多类型信息 ...

Core Insights - Point One Navigation, a high-precision positioning startup, raised $35 million in Series C funding led by Khosla Ventures, achieving a post-money valuation of approximately $230 million [4][5] - The company aims to provide centimeter-level tracking for various mobile platforms, including drones, trucks, and autonomous taxis, by integrating its positioning engine with existing vehicle systems [5][7] - Point One's technology is designed to enhance the accuracy of autonomous driving and logistics operations, addressing the industry's growing demand for precise location data [11][18] Funding and Valuation - Point One secured $35 million in Series C funding, with a valuation of around $230 million post-funding [4] - The funding will be used to expand the Polaris RTK network and improve service stability across North America, Europe, and Asia [13] Technology and Applications - The positioning engine developed by Point One can achieve an accuracy of 1 centimeter under ideal conditions, utilizing a combination of GNSS, computer vision, and sensor fusion technologies [7][10] - The company has already integrated its technology into over 150,000 vehicles for a major electric vehicle manufacturer, supporting advanced driver-assistance systems (ADAS) [7][8] Market Expansion - Point One has expanded its market reach beyond passenger vehicles, with a tenfold increase in the number of manufacturers using its positioning platform in the past year [13] - The company is targeting various sectors, including robotics, industrial equipment, and wearable devices, to meet the diverse needs for high-precision positioning [13][14] Infrastructure Development - The Polaris RTK network is crucial for providing continuous positioning correction data, enabling centimeter-level accuracy over larger areas [10][17] - Point One is actively deploying micro base stations globally to enhance coverage, particularly in regions where traditional GNSS signals are weak [10][17] Future Goals - The company aims to achieve seamless indoor and outdoor positioning capabilities, addressing the challenges of maintaining high accuracy in various environments [17] - Point One's advancements in centimeter-level positioning are expected to significantly impact the operational capabilities of autonomous vehicles and logistics systems [18]

Core Insights - The launch of autonomous delivery vehicle road testing in Jiamusi marks the city as the first in Heilongjiang Province to implement unmanned express delivery applications [1] - The testing involves five planned routes and six autonomous vehicles, focusing on validating smart logistics scenarios [1] Group 1: Testing Details - The testing includes two vehicles purchased by China Post's Jiamusi branch for point-to-point transport testing between the postal center and Hongqi delivery department [1] - The route covers major urban roads and residential areas, allowing comprehensive evaluation of vehicle stability and safety in complex scenarios such as traffic light changes and intersection turns [1] Group 2: Technology and Safety - The autonomous vehicles are equipped with a multi-sensor fusion perception system and high-precision positioning technology, provided by New Stone Technology (Beijing) Co., Ltd [1] - The technology has been validated through extensive testing, achieving "zero errors" and "zero accidents" in previous missions, while adhering to local regulations and establishing a robust safety assurance system [1] Group 3: Strategic Implications - This testing initiative is a proactive effort to cultivate new growth momentum and build new development advantages for the local economy [1] - It also supports the modernization of urban governance and the construction of smart cities [1]

Group 1 - The Ministry of Transport released the "Guidelines for the Safety Service of Automated Driving Vehicles (Trial)" to encourage and regulate the application of automated driving technology in transportation services, ensuring safety [1] - Companies in the automated driving sector are actively investing in various areas, including navigation systems and intelligent cockpits, with Beidouxing announcing a fundraising plan of up to 1.135 billion yuan for high-precision chip development [1] - Chongqing and Wuhan have launched fully unmanned automated driving commercial demonstration services, marking significant progress in the commercialization of automated driving [1] Group 2 - Siwei Map announced a strategic cooperation framework agreement with China Automotive Innovation, focusing on high-precision maps, chips, intelligent cockpits, and automated driving to promote large-scale commercialization [2] - Tianmai Technology has been collaborating with Baidu since May 2020 on smart transportation and automated driving, providing technology and products for the automated bus project in Zhengdong New District [2] - Huace Navigation has expanded its passenger car automated driving business since 2021, becoming a designated supplier for several automotive brands, with projects in the development and testing phase [2] Group 3 - The automated driving industry is entering a high-speed development phase, with a report indicating a rigid demand in the combination navigation sector, leading to a market worth billions [3] - New car manufacturers like Nezha, Xiaopeng, NIO, and Li Auto are planning to equip their vehicles with high-precision positioning technology, resulting in multiple new models being launched [3] - Domestic suppliers possess rich technical reserves and leading mass production experience, giving them a first-mover advantage in expanding into global markets [3]

Core Viewpoint - The article discusses the evolution and significance of high-precision positioning technology, particularly UWB (Ultra-Wideband) systems, which are transforming from mere tools into essential infrastructure for digital transformation and smart cities [2][3]. Group 1: Industry Background and Strategic Importance - High-precision positioning technology addresses the "last mile" challenge in complex indoor and outdoor environments, where traditional GPS fails, making it a critical need for industry and national security [2][4]. - The core value of high-precision positioning lies in its ability to provide accurate location data in complex environments, transitioning from area perception to point-level perception [2][4]. Group 2: Technical Evolution and Challenges - Traditional GPS technology has limitations in indoor environments, leading to a surge in demand for high-precision positioning solutions that can achieve centimeter-level accuracy [4][5]. - High-precision positioning must overcome challenges such as signal degradation, multipath effects, and dynamic environmental changes to maintain accuracy [5][6]. Group 3: Mainstream Technologies and Their Boundaries - UWB technology is highlighted as a leading solution, achieving positioning accuracy of 10-30 cm even in challenging environments, while facing high deployment costs and power consumption issues [16][17]. - Bluetooth high-precision positioning offers a cost-effective alternative but is limited by environmental factors affecting signal strength [18][19]. - 5G technology shows potential for high-precision positioning but is currently constrained by base station density and requires specialized terminals [20][22]. Group 4: Market Space and Application Scenarios - The global high-precision positioning market is expected to grow significantly, with projections indicating a market size reaching hundreds of billions by 2025, driven by applications in autonomous driving, smart logistics, and smart cities [46][47]. - In China, the market is anticipated to grow at a compound annual growth rate of 35%, reaching approximately 126.34 billion yuan by 2028 [46][47]. Group 5: Investment Opportunities and Trends - The industry is witnessing increased investment activity, with significant funding rounds for leading companies, indicating strong investor interest in high-precision positioning technologies [56][57]. - Investment focus is shifting towards companies with strong scene penetration and ecosystem integration capabilities, as well as those demonstrating scalable application potential [60][61]. Group 6: Future Outlook and Recommendations - The high-precision positioning industry is on the brink of widespread application, with a diverse range of technologies coexisting to meet various market demands [68]. - Companies that can effectively integrate technologies and demonstrate strong ecosystem capabilities are likely to gain competitive advantages in the evolving market landscape [68].