Electronic Equipment and Instruments

W-Ibeda

Deep Research

02498

605488

688322

688071

02050

002050

HSAI

02525

603662

600480

BOSCH

300007

688582

TSLA

XPEV

09868

Entering 2025, three years into the OpenAI-led AI cycle, the industry remains in a full-on AI investment phase. Based on our recent work, Dolphin Research sees 2026 hinging on compute cost-down and on AI capex translating into deployments across software and hardware.The rollout of new hardware is the true incremental driver. Meanwhile, mass production of Tesla's Optimus is drawing closer, and humanoid robots could become the primary AI form factor, reshaping human interaction and productivity.On this premise, Dolphin Research is launching coverage on the robotics supply chain. This is Part 1.

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Humanoid Robots: AI's Best Hope?

W-Ibeda released FY2026 Q1 earnings on April 29 Pre-Market (BJT), actual revenue CNY 156.54 M, actual EPS CNY 0.02

W-Ibeda to Release FY2026 Q1 Earnings on April 30 Pre-Market (BJT)

W-Ibeda to release FY2025 earnings on April 20 Pre-Market (BJT), forecast revenue CNY 660 M, EPS CNY 0.94

W-Ibeda released FY2025 Q4 earnings on February 27 Pre-Market (BJT), actual revenue CNY 130.06 M, actual EPS CNY -0.3232

W-Ibeda released FY2025 Annual Earnings on February 27, 2026 Pre-Market BJT: Actual Revenue CNY 510.03 M (Forecast CNY 660 M), Actual EPS CNY -0.73 (Forecast CNY 0.94)

W-Ibeda released FY2025 9 Months Earnings on October 30 After-Market (BJT), actual revenue CNY 386.49 M, actual EPS CNY -0.3834

W-Ibeda released FY2025 Q3 earnings on October 30 After-Market (BJT), actual revenue CNY 121.45 M, actual EPS CNY -0.3456

W-Ibeda to Release FY2025 Q3 Earnings on October 31 After-Market (BJT)

W-Ibeda released FY2025 Semi-Annual Earnings on August 26 During-Market (BJT), Actual Revenue CNY 265.04 M, Actual EPS CNY -0.06

W-Ibeda released FY2025 Q2 earnings on August 26 During-Market (BJT), actual revenue CNY 123.5 M, actual EPS CNY -0.0778

W-Ibeda to Release FY2025 Semi-Annual Earnings on August 27, 2025 (BJT)

Huaiyi Technology Supplies IMU Products to Smart Humanoid Robots

Huai Technology's ESG Ranking Declines

Huaiyi Technology's stock price continues to fall for three consecutive days, hitting a new low

Huaiyi Technology Shareholders Plan to Reduce Shareholdings

Huaiyi Technology's IMU Product Applied in Autonomous Logistics Vehicles

Huai Technology Reports Significant Increase in Revenue and Net Profit for Q1 2025

W-Ibeda released FY2025 Q1 earnings on April 29 After-Market (BJT), actual revenue CNY 141.54 M, actual EPS CNY 0.04

W-Ibeda to Release FY2025 Q1 Earnings Report on April 30 After-Market BJT

W-Ibeda to release FY2024 earnings on April 30 After-Market (BJT), forecast revenue CNY 471 M, EPS CNY 0.26

According to the Zhitong Finance APP, W-Ibeda disclosed its third-quarter report for 2025. The company achieved revenue of 386 million yuan in the first three quarters, a year-on-year increase of 30.29%; the net profit attributable to the parent company was a loss of 29.28 million yuan; the net profit excluding non-recurring gains and losses was a loss of 30.90 million yuan; basic earnings per share were -0.35 yuan

Zhitong

W-Ibeda Technology released its performance for the first three quarters, with a net loss attributable to the parent company of 29.28 million yuan

According to the Zhitong Finance APP, W-Ibeda announced that shareholder Huang Daqing intends to reduce his holdings in the company by no more than 2,543,290 shares through centralized bidding or block trading due to personal funding needs, with the intended reduction not exceeding 3% of the company's total share capital

W-Ibeda shareholder Huang Daqing plans to reduce his holdings by no more than 3%

W-Ibeda announced that director Pan Min has reduced his holdings by 0.14%, totaling 120,000 shares, with a reduction price range of 38.78 to 49.02 yuan/share, amounting to 5.1267 million yuan. The reduction plan has been completed, and Pan Min currently holds 575,300 shares, accounting for 0.68%

W-Ibeda: Director Pan Min has reduced his holdings by 0.14%

601965

CITIC Securities released a research report stating that the establishment of the L2 standard will standardize industry promotion, enhance consumer awareness, and promote the research and development of intelligent driving. According to the Ministry of Industry and Information Technology, the "Safety Requirements for Intelligent Connected Vehicle Combination Driving Assistance Systems" has entered the public consultation stage. From January to July 2025, the sales volume of new passenger cars equipped with combination driving assistance systems in China reached 7.76 million units. This requirement clarifies the functions of L2 vehicles in different scenarios and ensures the safety of L2 vehicles on the road. Recommended related stocks include CAERI, W-Ibeda, and others

CAERI

Cathay Securities and Haitong Securities: L2 strong standard opens for public consultation, smart driving commercialization advances further

Zhang Jieping, a core technical staff member of W-Ibeda, has retired and will no longer hold her position. The company's R&D work has been successfully handed over, and the relevant intellectual property rights belong to the company. The company stated that her departure has no substantial impact on production operations and technological research and development, and the sponsor, CITIC Securities, also agrees with this view, with R&D projects progressing normally

W-Ibeda's core technical personnel retire, stating no substantial impact on the company

W-Ibeda announced that its operating revenue in the first half of 2025 is 265 million yuan, a year-on-year increase of 51.10%. The net profit attributable to shareholders of the listed company is -5.4622 million yuan, compared to -31.727 million yuan in the same period last year

W-Ibeda: Net profit loss of 5.4622 million yuan in the first half of 2025

W-Ibeda: Planning to issue H shares and list on the Hong Kong Stock Exchange Limited

Wallstreetcn

W-Ibeda announced that it is planning to issue H shares and apply for listing on the main board of Hong Kong to meet the needs of its international strategy and overseas business, enhancing brand awareness and competitiveness. Specific details are under discussion with intermediary institutions, and the plan needs to be reviewed by the board of directors and the shareholders' meeting, as well as obtaining approval from relevant regulatory agencies, which involves significant uncertainty

W-Ibeda: Planning to issue H shares

W-Ibeda announced that as of July 31, 2025, shareholder Qin Ligang reduced his holdings by 847,900 shares through centralized bidding and 423,900 shares through block trading, totaling a reduction of 1,271,800 shares, accounting for 1.5% of the company's total share capital. The reduction price range was between 37.64 and 45.55 yuan/share, with a total reduction amount of 50.089 million yuan. After the reduction, he holds 4,224,000 shares, accounting for 4.98%

W-Ibeda: Shareholder Qin Ligang reduced holdings by 1.5%

W-Ibeda(688071.SH)