正如奇瑞汽车董事长尹同跃曾"自嘲"奇瑞是一家"胆小"的企业。的确，当奇瑞切入新赛道时，很少跟着其他玩家"哄抢开局"。然而一旦锚定赛道后，"不 客气"又成为奇瑞的标识。 车企将其在机械工程、动力系统和人工智能领域积累的经验倾注到人形机器人赛道，早已不是新鲜事。三年前，特斯拉便将首个人形机器人Optimus推至 幕前，国内玩家此后纷纷跟进。 直到2025年1月，奇瑞下场了。但不一样的是，从2025年1月成立机器人公司，到4月实现首款人形机器人"墨茵"(Mornine)量产全球交付，再到12月第1000 只机器狗Argos落地应用，"不客气"的奇瑞在具身智能领域的闪电突围令市场瞩目。 作为全球车企中率先实现人形机器人量产交付的企业，奇瑞墨甲机器人的快速崛起，不仅印证了"汽车+机器人"战略的可行性，也标志着这家汽车企业向 全球化高科技生态集团的转型，已进入实质性阶段。 在以实践充分解答市场关于"奇瑞为什么要做机器人"的疑问后，人们也很好奇奇瑞墨甲闪电速度的底气和来源。 与其他跨界玩家不同，墨甲机器人从研发、供应链到质量控制，全面嵌入奇瑞二十余年积累的汽车制造体系，形成独特竞争壁垒。 锚定第二增长极构建"双智能终端"生 ...

股票研究 /[Table_Date] 2025.12.13 特斯拉开启新一轮审厂，国内本体厂量产 落地加速 [Table_Invest] 评级： 增持 机器人行业周报 | [姓名table_Authors] | 电话 | 邮箱 | 登记编号 | | --- | --- | --- | --- | | 肖群稀(分析师) | 0755-23976830 | xiaoqunxi@gtht.com | S0880522120001 | | 李启文(分析师) | 021-38038435 | liqiwen@gtht.com | S0880524060001 | | 黄龙(分析师) | 021-38031028 | huanglong@gtht.com | S0880525070027 | 本报告导读： 特斯拉 Optimus 开启新一轮审厂，国内机器人本体厂家加速量产落地，产业融资呈 现加速状态。 投资要点： [Table_Report] 相关报告 机器人《AI 端侧守正、人形机器人出奇，3C 供 应链重拾成长》2025.12.10 机器人《特斯拉 Optimus 实现运动突破，英伟达 与发那科强强联合》2025.1 ...

Core Viewpoint - Sainsbury's share price has broken free from its previous ceiling, showing potential for further growth following positive interim results [2] Financial Performance - Sainsbury's revenue increased by 2.8% to £17.58 billion, with retail sales (excluding fuel) up 4.8% [3] - Grocery revenue grew by 5.3% to £12.79 billion, contributing to the highest market share in five years [3] - General Merchandise & Clothing (GMC) sales rose by 3.3% to £804 million, driven by favorable weather and strong performance from the Tu clothing line [4] - Financial services revenue surged by 14.0% to £65 million, while Argos sales increased by 2.3% to £1.98 billion [5] Profitability - Underlying operating profit rose by 6.8% to £506 million, with the operating profit margin increasing by 11 basis points to 2.88% [6] - Underlying diluted earnings per share (EPS) jumped 12.1% to 10.2p, supported by share buybacks [6] Future Outlook - Management has upgraded its outlook, expecting retail underlying operating profit to exceed £1.00 billion [7] - A special dividend of 11.0p per share was declared, alongside a 5.1% increase in the interim dividend to 4.1p [8] - The company plans to utilize £150 million from bank sale disposals for share buybacks, with an additional £300 million buyback expected next year [9][8] Market Position - Sainsbury's has managed to grow both volume and value market shares despite raising grocery prices, indicating successful customer engagement [10] - The company is focusing on retrofitting stores and reallocating space towards higher-profitability food areas, which is expected to enhance future performance [11]

Today in Bloomberg Deals: GTCR's summer streak, GIC eyes a big exit and Sainsbury’s ends talks with https://t.co/IYA4U13sNP over selling Argos https://t.co/aEJrl12Phn ...

Group 1: Market Performance - On June 13, 2025, the CSI 300 index fell by 0.72%, with the machinery sector declining by 1.07%, ranking 15th among all primary industries [1] - The oil and gas equipment sector saw the highest increase, rising by 3.91%, while plastic processing machinery experienced the largest drop, decreasing by 2.40% [1] - Top three gainers included Xinjing Power (+20.10%), Jinchengzi (+20.01%), and Zhongjin Irradiation (+20.00%), while the largest decliners were Kaile Co. (-11.17%), Jinyinhai (-10.84%), and Aisikai (-10.81%) [1] Group 2: Company Announcements - Hongying Intelligent has repurchased 1.13% of its total share capital through a special securities account as of June 12, 2025 [2] - Xianheng International's major shareholder reduced its stake by 2.00% through block trading, having held 59.40% prior to the reduction [2] - Tai Lin Bio's independent director Yang Zhongzhi has resigned after nearly six years of service, in accordance with regulations on the tenure of independent directors [2] - Kangli Elevator's non-employee representative supervisor Zhu Linghua has also resigned due to work arrangements but will remain in the company [2] Group 3: Industry News - The humanoid robot "Xingzhe No. 2" developed by Zhuoyide Robot and Zhongyu Intelligent Lab was launched on JD.com on June 9, 2025, priced between 160,000 to 250,000 yuan, featuring capabilities in industrial delivery and AI voice recognition [3] - The robot has a height of 170 cm and a weight of 32 kg, with a battery life of 3 to 6 hours, and is designed for applications in intelligent learning and entertainment [3] - The Central Plains Science and Technology City is fostering the development of the AI industry, with over 110 key AI enterprises and a market size of 70 billion yuan as of the end of 2024 [3] - At the 2025 International Automotive and Supply Chain Expo in Hong Kong, AiMOGA's墨甲 robots showcased their capabilities, attracting attention from dignitaries and international delegations [4][5] - The墨甲 robots are part of a broader strategy to enhance Chery's intelligent service ecosystem globally, following successful deployments in Malaysia and other markets [5]