Company News

INVESTECH HLDGS (01087) shareholders transfer stocks from Winning Financial Securities to Futu Securities International Hong Kong, with a transfer market value of HKD 7.9556 million

According to Zhitong Finance APP, the latest data from the Hong Kong Stock Exchange shows that on April 30, INVESTECH HLDGS (01087) shareholders transferred stocks from Winning Financial Securities to Futu Securities International Hong Kong, with a transfer market value of HKD 7.9556 million, accounting for 5.17%. The performance of INVESTECH HLDGS for the year ending December 31, 2025, shows that the group achieved revenue of RMB 567 million (same unit), an increase of 21.65% year-on-year; the loss attributable to equity holders of the parent company narrowed to RMB 49.345 million, a year-on-year decrease of 22.35%; loss per share was 24.69 cents.

Industry News

Robot Industry Daily (05.03): Breakthrough in the Robot Industry

Meta acquired the robot AI company AssuredRobotIntelligence to support the development of humanoid robot technology; HGTECH completed the construction of flexible film technology and production lines; BEONE MEDICINES received FDA priority review designation; Inovance submitted an H-share listing application; Lenovo acquired the Phoenix firmware business; China Southern Airlines purchased 102 A320NEO aircraft; Pop Mart's refrigerator prices soared to 90,000 yuan; China Resources Land plans to spin off its shopping center REIT for listing; China Merchants Bank's net interest income recovery has not translated into profit growth; CSPC Pharmaceutical Group's injectable amphotericin B liposome received market approval in Europe; Alibaba Health launched the innovative drug Beijiemai; Yushu released a dual-arm humanoid robot, starting at 26,900 yuan; Figure's production efficiency expanded by 24 times; Yundongchu completed IPO counseling, expecting over 100% revenue growth in 2024. The robot industry has made breakthroughs, with EHang's EH216-S unmanned passenger aircraft receiving flight permission from the Mexican Civil Aviation Authority. CHANGAN AUTOMOBILE's new energy sales reached 94,200 units in April, and GAC Honda's cumulative sales surpassed 11 million units. The 19th Beijing International Automotive Exhibition opened, intensifying competition in electrification and intelligence. Chery Automobile's new QQ3 pure electric sedan delivered 13,612 units in its first month. The country's first robot traffic police squad was established in Hangzhou.

Breaking! Huge changes in satellite internet policy

The U.S. Federal Communications Commission issued the "Modernization Reform of Satellite Broadband Spectrum Sharing" order, overturning the nearly 30-year-old ITU geostationary orbit (GSO) and non-geostationary orbit (NGSO) satellite spectrum sharing system. The new rules abandon rigid input parameter controls, shifting to a differentiated, complementary four-layer performance safety net standard centered on actual service impact, and returning spectrum resource allocation rights to the market. Under the new rules, the potential of satellite internet technology is greatly released, with LEO system capacity achieving a sevenfold leap and costs reduced by 43% to 64%. This move will reshape the competitive landscape of the satellite internet industry, lower market barriers, and encourage more startups and small to medium-sized operators to enter the market At the same time, the new regulations will leverage a trillion-level market dividend and accelerate the release of the trillion-level market dividend.

8 Countries, 16 Locations, Heavy Losses for the U.S. Military

According to CNN, U.S. military facilities in 16 locations across 8 countries in the Middle East were damaged in attacks by Iran, with some facilities rendered unusable. The report is based on satellite images and interviews with informed sources. U.S. congressional aides revealed that most U.S. military deployment sites were affected, and some facilities may have been completely destroyed. The U.S. Department of Defense estimates that expenditures related to the conflict with Iran have reached $25 billion, with actual spending potentially higher.

Emerging Technology and Application Industry Daily (05.03): Innovation in Technology Investment

Xiaozhuang Bin of Changkuang Mining Group showcased the dedication and struggle of coal miners during the Labor Day holiday, enhancing safety and efficiency through technological innovation. The Israeli Prime Minister announced an additional 350 billion new shekels to the defense budget over the next decade for domestic ammunition production and military capability enhancement. CITIC Technology Mobile announced a significant investment of 9.5 billion to layout integrated space-ground mobile communication and 6G research and development. EHang's intelligent autonomous passenger aircraft received approval from the Mexican Civil Aviation Authority. Meta acquired a robotics AI company to support the development of humanoid robot technology.

The "Reward Bottleneck" that has plagued robots in long-range tasks for years has been solved by this embodied intelligence company!

The operational challenge for Changshijie robots lies in the design of reward signals. Zhijiti Power, in collaboration with research teams from Beijing University of Posts and Telecommunications and Zhejiang University, proposed a new framework that does not rely on absolute progress but rather on relative advantages. This framework includes a MIMO-based Temporal Transformer Advantage Reward Model (ARM), an automated assembly line, and an Advantage Weighted Behavior Cloning (AW-BC) algorithm. In the towel folding task, the success rate reached 99.4%, with labeling efficiency improved by 20 times. This achievement will promote the implementation of embodied intelligence.

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