R&D and Innovation - R&D investment exceeded 200 million yuan, maintaining steady growth for several consecutive years[16] - New product launches and technology innovations focused on industrial and energy safety, optimizing product structure[16] - The MEMS process line and laser chip capabilities were further enhanced, leading to improved manufacturing quality and standards[16] - The company plans to deepen innovation in core materials, processes, and chips related to sensors, while advancing flexible and ultrasonic sensing technologies[18] - The company is committed to AI integration in smart solutions to support high-quality development for industry clients[18] - The company is investing RMB 100 million in R&D for new gas sensor technologies, aiming to launch two new products in 2025[22] - The company has established a complete MEMS sensor IDM industrial chain, enhancing its R&D and production capabilities in the MEMS field[50] - The company has developed multiple laser solutions for gas detection, successfully building production capabilities for laser sensors[49] - The company is focusing on the development of advanced gas detection technologies, including photoionization (PID) sensors for low-concentration volatile organic compounds (VOCs) and toxic gas detection[75] - The company has introduced several new products, including a flexible wearable sweat sensor and a gas control device with redundancy features, both set to launch in December 2024[132][134] Financial Performance - Hanwei Technology Group reported a revenue of RMB 1.2 billion for the year 2024, representing a 15% increase compared to RMB 1.04 billion in 2023[22] - The company achieved a net profit of RMB 250 million in 2024, up 20% from RMB 208 million in the previous year[22] - The company's operating revenue for 2024 was ¥2,227,616,194.92, a decrease of 2.61% compared to ¥2,287,234,581.83 in 2023[27] - The net profit attributable to shareholders for 2024 was ¥76,680,280.95, down 41.38% from ¥130,800,948.22 in 2023[27] - The gross margin improved to 35% in 2024, up from 32% in 2023, due to cost optimization strategies[22] - The company expects a revenue growth forecast of 18% for 2025, projecting revenues to reach RMB 1.42 billion[22] - The company reported a total of ¥71,047,005.66 in non-recurring gains and losses for 2024, compared to ¥74,629,101.29 in 2023[33] - The company’s major customers accounted for 6.85% of total sales, with the top five customers generating approximately ¥152.63 million in sales[148] - The top five suppliers accounted for 15.58% of total purchases, with a total procurement amount of approximately ¥199.89 million[149] Market Expansion and Strategy - The company aims to accelerate the release of new technologies and expand market contributions from overseas markets in 2025[18] - Hanwei Technology plans to expand its market presence in Southeast Asia, targeting a 25% market share by 2026[22] - The company has established strategic partnerships with three major distributors in Europe to enhance its international sales channels[22] - The company is focusing on integrating IoT solutions into its product offerings, with plans to launch a new smart monitoring system in Q3 2025[22] - The company is exploring new market opportunities through the development of a gas laser inspection system, expected to be patented by October 2024[131] - The company is actively pursuing new growth engines in low-altitude economy, new energy, and embodied intelligence sectors[187] Product Development and Technology - The company is focused on maintaining its core technology advantages and expanding its IoT ecosystem through continuous R&D and strategic acquisitions[7] - The company is enhancing its product offerings by integrating AI technology, resulting in improved human-machine interaction capabilities and a significant increase in market share[58] - The company has developed a smart respiratory monitoring belt that provides real-time monitoring and analysis of respiratory conditions, applicable in various fields including medical monitoring and sleep health[79] - The company is expanding its sensor technology portfolio to include pressure, flow, infrared, temperature and humidity, acceleration, vibration, and ultrasonic sensors, achieving market recognition[71] - The company is committed to continuous innovation in gas sensing technologies to meet the growing demand in various sectors, including industrial safety and environmental monitoring[75] - The company has launched a series of home health monitoring products, including flow sensors and medical oxygen sensors, which gained widespread application in the healthcare sector[55] Operational Efficiency and Management - The company has established a new comprehensive business unit targeting industry clients, enhancing organizational efficiency and talent development[17] - The company continues to focus on high-margin products, with increased sales in sectors such as home appliances, energy storage, automotive, and medical[47] - The company is committed to digital transformation, integrating AI applications into products and management to improve efficiency and reduce costs[197] - The company is enhancing cash management practices to optimize operating cash flow and improve asset utilization[199] - The company is working on building a more agile and resilient supply chain to mitigate risks related to disruptions and price increases[200] Industry Trends and Market Insights - The global sensor market size in 2023 was $225.91 billion, expected to grow to $241.06 billion in 2024, with a compound annual growth rate (CAGR) of 8.3% until 2032[37] - The Chinese sensor market size reached ¥364.47 billion in 2023, projected to reach ¥554.72 billion by 2026[37] - The demand for high-precision instruments is expected to grow in emerging industries such as new energy, semiconductors, and aerospace, pushing the industry towards high-end and intelligent transformation[41] - The integration of IoT technology is accelerating digital transformation across various sectors, including manufacturing, transportation, and smart city development[44] - National policies are increasingly supportive of the sensor industry, with multiple action plans aimed at enhancing innovation capabilities and promoting domestic alternatives to foreign technologies[39] Corporate Governance and Compliance - The company has established a comprehensive procurement process, ensuring stable supply from qualified suppliers and maintaining product quality that meets international standards[101] - The company emphasizes the importance of strategic alliances with key suppliers to ensure supply chain stability and quality control[101] - The company is committed to advancing safety information construction in response to national policy requirements, aiming for high-quality development through innovative safety solutions[61] - The company has a strategic focus on environmental solutions, with new products aimed at wastewater treatment and gas emission control, set to launch in 2024[132][134] Future Outlook - The company aims to enhance its competitive edge through strategic R&D investments, with a focus on high-performance gas detection solutions[129] - The company plans to accelerate the implementation of its core technology platforms, including chemical, optoelectronic, flexible, and ultrasonic technologies, to create a competitive edge across the entire industry chain[186] - The company intends to increase the proportion of new products, new markets, and new models in its business structure, targeting to make "three new businesses" the main driver of revenue growth within 2-3 years[189] - The company is committed to maintaining high standards of quality and innovation, positioning itself as a leader in the IoT and safety monitoring sectors[137]

周观点：人形机器人产业端进展频出， 持续关注人形机器人产业链 ——人形机器人行业周报（2025.3.3-2025.3.7） [Table_Rating] 增持（维持） [◼Table_Summary] 主要观点 （1）优必选促发群体智能觉醒，在极氪实现全球首例多台多场景多任 务人形机器人协同实训。近日，优必选在极氪5G智慧工厂开展全球首 例多台、多场景、多任务的人形机器人协同实训，探索建立面向多任 务工业场景的通用人形机器人群体作业解决方案，推动人形机器人从 单机自主向群体智能进化。 （2）中国政府网发布视频《机器人群侠传》。中国政府网在公众号发 布了视频《机器人群侠传》，视频经过剪辑，将不同场景、种类繁多的 机器人与武林绝技相联系，全方位展示了我国在机器人领域的前沿成 果。 （3）《深圳市具身智能机器人技术创新与产业发展行动计划（2025- 2027年）》发布。3月3日，《深圳市具身智能机器人技术创新与产业发 展行动计划（2025-2027年）》（以下简称《行动计划》）正式发布。深 圳将重点引领核心技术攻坚突破、打造公共服务平台矩阵，吸引更多 上下游企业、科研机构、创新团队等聚集，营造最优创新生态，推动 具 ...

Investment Rating - The report maintains an "Outperform" rating for the electronic industry [1]. Core Insights - Humanoid robots have significant potential, with the sensory system being one of the core subsystems. The market is expected to grow rapidly as humanoid robots begin to be deployed in various applications [3][9]. - The sensory layer is crucial for interaction with the environment, accounting for approximately 15% of the total cost of humanoid robots [10][11]. - The report emphasizes the importance of multi-sensory integration, including 3D vision, force sensing, inertial sensing, and tactile sensing, in enhancing the capabilities of humanoid robots [12][39]. Summary by Sections 1. Humanoid Robot Potential - The humanoid robot market is in its early stages but is expected to transform human production and lifestyle significantly. The global sales volume is projected to grow from approximately 26,000 units in 2025 to 606,000 units by 2030, with a CAGR of about 87.6% [9]. 2. 3D Vision - 3D vision is the primary environmental information input for humanoid robots, responsible for real-time modeling of the surroundings. The Chinese machine vision market is expected to grow from 4.687 billion yuan in 2016 to 39.529 billion yuan by 2028, with a CAGR of approximately 19.4% [19]. 3. Force and Inertial Sensing - Force sensing, particularly six-dimensional force sensing, is essential for precise operations in humanoid robots. The global market for humanoid robot force sensors is expected to grow from 179 million yuan in 2024 to 32.806 billion yuan by 2030, with a CAGR of 138% [46]. 4. Tactile Sensing - Tactile sensing is crucial for humanoid robots to perform delicate operations. The global market for robotic tactile sensors is projected to grow from 210 million USD in 2022 to 430 million USD by 2029, with a CAGR of 10.8% [71]. 5. Investment Recommendations - The report recommends focusing on companies involved in 3D vision, six-dimensional force sensing, MEMS IMU, and electronic skin technologies, highlighting firms like Chipone Technology, Aobo Technology, and Hanwei Technology as key players [3][9].

Investment Rating - The report maintains a "Recommended" rating for the humanoid robot industry, indicating a favorable outlook for investment opportunities in this sector [1][62]. Core Insights - The report highlights that dexterous hands, as end-effectors of robots, can be classified based on appearance, drive methods, and transmission methods. The mainstream types currently available in the market are primarily categorized as "biomimetic" combined with "motor" and either "linkage," "tendon," or "gear" transmission [6][7]. - The report discusses various drive solutions, including external wrist motors, finger root motors, and internal motors at finger joints, emphasizing the trade-off between the number of motors and degrees of freedom, where more motors lead to higher costs [6][8]. - It provides a detailed analysis of transmission methods, comparing linkage, tendon, and gear systems, each with its advantages and disadvantages in terms of stiffness, load capacity, manufacturing complexity, and cost [6][20]. - The report identifies key players in the dexterous hand market, including micro-motor suppliers and dexterous hand manufacturers, and suggests monitoring specific companies for investment opportunities [6][62]. Summary by Sections Section 1: Dexterous Hand Analysis - Dexterous hands are categorized based on appearance (grippers vs. biomimetic hands), drive methods (motor, hydraulic, pneumatic, artificial muscle), and transmission methods (gear, linkage, tendon) [7][8]. - The report emphasizes that the drive method of electric motors is the mainstream choice for biomimetic dexterous hands, with various configurations available depending on design and application [10][12]. Section 2: Patent Analysis - The report dissects patents from various companies, revealing that the dexterous hands primarily utilize biomimetic designs with at least three fingers and nine degrees of freedom, equipped with advanced sensor systems [28][29]. - It highlights Tesla's dexterous hand design, which incorporates built-in motors and gear systems for finger movement, showcasing innovative wiring methods for tendon-driven fingers [31][35]. Section 3: Related Companies and Investment Opportunities - The report lists several key companies in the humanoid robot sector, including micro-motor suppliers like Zhaowei Electromechanical and Mingzhi Electric, tendon and material suppliers like Nanshan Zhishang, and sensor suppliers like Keli Sensor [62][63]. - It provides financial forecasts for these companies, indicating their market capitalization and expected earnings for the coming years, which can guide investment decisions [63].

Summary of the Conference Call Company and Industry Overview - The conference call focuses on Hanwei Technology, a company in the sensor field listed on the A-share market, which has expanded its business to various types of sensors, including electronic skin technology for humanoid robots [2][6][16]. Key Points and Arguments - **Growth Potential of Electronic Skin**: The application of electronic skin in humanoid robots is expanding beyond hands to arms and feet, indicating significant growth potential. Tactile sensors are crucial for precise interaction between robots and their environment, providing information on force, texture, and temperature, thereby enhancing operational safety and comfort [2][3][4]. - **Revenue Projections**: Hanwei Technology's subsidiary, Suzhou Micro-Nano Sensors, has begun small-scale supply of electronic skin products, generating approximately 1 million yuan in revenue in 2024, with significant growth expected in 2025. The company is also actively developing flexible sensors for applications in robotics, consumer electronics, medical devices, and automotive smart cockpits [2][6]. - **Production Capacity and Product Line**: Hanwei Technology has a diverse product line and a mature production capacity, currently operating four production lines primarily serving the 3C, medical, and automotive sectors. Plans are in place to expand by adding two new production lines in 2025 [2][7]. - **Market Pricing and Cost Structure**: The market price for electronic skin is approximately 500 yuan per finger, totaling around 7,000 to 8,000 yuan for a complete hand setup. Initial costs for two fingers are about 2,000 yuan, with potential increases as technology matures [2][8]. - **Market Size and Profitability**: The long-term market for electronic skin is projected to reach 1 million units, with each unit valued at 5,000 yuan, leading to a total revenue potential of 5 billion yuan and a profit margin of around 1 billion yuan. The gross margin for flexible sensors is estimated at 45%, with a net margin of 20% [2][9]. - **Demand from Robotics Manufacturers**: There is a strong demand for electronic skin from both domestic and international robotics manufacturers. Companies like Keda have supplied to 17 domestic robot manufacturers, including Xiaomi and BYD, indicating high recognition and demand for electronic skin solutions [4][10][11]. Additional Important Insights - **Xiaomi's Strategic Positioning**: Xiaomi is accelerating its robotics business, planning to launch new products in the second quarter of 2025. The company's successful experience in the automotive sector is expected to be leveraged in its robotics strategy, enhancing its market position [4][13][14]. - **Hanwei Technology's Role in Xiaomi's Supply Chain**: As a key supplier in Xiaomi's supply chain, Hanwei Technology is positioned for significant growth. The scarcity of electronic skin technology and the limited number of listed suppliers in Xiaomi's ecosystem enhance Hanwei's growth prospects [2][16]. - **Future Outlook for Sensor Companies**: Companies like Nengsida are also planning to expand production capacity to meet the growing demand for small sensors in medical and 3C applications, with a projected net profit of 180 million yuan in 2025 [12]. This summary encapsulates the critical insights from the conference call, highlighting the growth potential of Hanwei Technology and the electronic skin market, along with the strategic positioning of key players like Xiaomi.

第六届董事会第十八次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 证券代码：300007 证券简称：汉威科技 公告编号：2025-003 汉威科技集团股份有限公司 一、董事会会议召开情况 1、本次会议通知于 2025 年 2 月 24 日以邮件或通讯方式送达。 2、本次会议于 2025 年 2 月 28 日在公司会议室以现场结合通讯的方式召开。 5、本次董事会的召集、召开和表决程序符合《中华人民共和国公司法》及 《公司章程》的有关规定，表决所形成的决议合法、有效。 二、董事会会议审议情况 1、审议通过《关于对外投资设立境外下属子公司的议案》 为进一步拓展海外市场，完善海外业务布局，提升公司产品在国际上的知名 度和市场占有率，满足国际化战略发展需要，公司拟通过全资子公司海南汉威智 感科技有限公司在新加坡设立全资孙公司艾维国际（新加坡）有限公司，并通过 艾维国际（新加坡）有限公司在马来西亚设立下属子公司艾维国际（马来西亚） 有限公司。本次对外投资总金额不超过 7,500 万元人民币。 具体内容详见同日刊登在巨潮资讯网（www.cninfo.com. ...

证券代码：300007 证券简称：汉威科技 公告编号：2025-004 汉威科技集团股份有限公司 关于对外投资设立境外下属子公司的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、对外投资概述 为进一步拓展海外市场，完善海外业务布局，提升公司产品在国际上的知名 度和市场占有率，满足国际化战略发展需要，汉威科技集团股份有限公司（以下 简称"公司"）拟通过全资子公司海南汉威智感科技有限公司（以下简称"海南 智感"）在新加坡设立全资孙公司艾维国际（新加坡）有限公司（暂定名，以下 简称"新加坡公司"），并通过新加坡公司在马来西亚设立下属子公司艾维国际 （马来西亚）有限公司（暂定名，以下简称"马来西亚公司"）。本次对外投资 总金额不超过 7,500 万元人民币。 该事项已经公司于 2025 年 2 月 28 日召开的第六届董事会第十八次会议审议 通过，无需提交公司股东大会审议。 本次对外投资不构成关联交易，亦不构成《上市公司重大资产重组管理办法》 规定的重大资产重组。 二、投资标的基本情况 （一）新加坡公司 上述具体信息以相关部门实际核准或备案登记为准。 1、公 ...

汉威科技集团股份有限公司 证券投资管理制度 第一章 总则 第一条 为规范汉威科技集团股份有限公司及其下属子公司（以下简称"公 司"）的证券投资行为及相关信息披露工作，提高资金使用效率和效益，防范投 资风险，强化风险控制，保护投资者的权益和公司利益，公司根据《中华人民共 和国公司法》《中华人民共和国证券法》《深圳证券交易所创业板股票上市规则》 第四条 以下情形不适用本制度从事证券投资规范的范围： （一）作为公司或其控股子公司主营业务的证券投资行为； （二）固定收益类或者承诺保本的投资行为； （三）参与其他上市公司的配股或者行使优先认购权利； （四）购买其他上市公司股份超过总股本的 10%，且拟持有三年以上的证券 投资行为； （五）公司首次公开发行股票并上市前已进行的投资。 第五条 开展证券投资的基本原则： （一）公司开展证券投资应遵守国家法律、法规、规范性文件等相关规定。 《深圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运作》 《深圳证券交易所上市公司自律监管指引第 7 号——交易与关联交易》等有关法 律、法规和规范性文件及《汉威科技集团股份有限公司章程》（以下简称"《公 司章程》"）的有关 ...

Summary of Sensor Industry and Company Insights Industry Overview - The sensor market for robotics, particularly humanoid robots, is characterized by a relatively stable competitive landscape with fixed players in various segments. The technology routes are continuously evolving, including visual sensors (structured light, ToF cameras, and LiDAR) and tactile sensors (such as electronic skin) [1][2] Key Points on Sensor Types and Market Dynamics - The most notable and high-priced sensors currently are force sensors, especially six-dimensional force sensors. Inertial Measurement Units (IMUs) also hold a significant market share. Tactile sensors, including electronic skin, are gaining attention for their future value and potential [3][6] - The visual sensor market features companies like Orbbec, which excels in 3D vision technology, and other machine vision players like 00 Light. In the auditory domain, MEMS microphones remain the mainstream solution, with companies like Sensing Microelectronics expanding from acoustic microphones to pressure and inertial sensing [5][7] Emerging Companies and Technologies - Domestic companies such as Qiyi and Anpeilong are conducting cost-reduction tests for six-dimensional force sensors, while Hanwei Technology and Hesheng New Materials are making progress in tactile sensors [1][6] - The electronic skin technology faces challenges such as high flexibility, elasticity, integration disturbances, cost reduction, and production barriers. Future developments will be driven by technological advancements, collaborations, and the emergence of new players like Granular Sensors, Anpeilong, Hanwei Technology, and Fulei New Materials [8] Market Trends and Investment Opportunities - The most valuable and rapidly evolving fields are force and tactile sensing. The six-dimensional force sensor market is dominated by international players like ATI, while domestic companies are working on cost reduction to enhance competitiveness [6] - In the robotics sector, continuous attention should be given to 3D vision (Orbbec), six-dimensional force and tactile sensing (Qiyi, Anpeilong, Hanwei Technology), and auditory sensing (Sensing Microelectronics). These companies possess leading advantages and development potential in their respective markets [7] Inertial Sensors (IMUs) Insights - IMUs are crucial for collecting robot parameters, with applications ranging from consumer products to military uses. The market for IMUs is relatively stable, with key players like Zhongnong United excelling in chip-level IMUs and companies like Huayi Technology and Mixin making progress in module-level IMUs [9][10] Conclusion and Future Directions - The sensor industry, particularly in the fields of auditory, visual, and electronic skin technologies, is undergoing significant changes. Investors should focus on both established players and emerging companies with breakthrough potential. Continuous monitoring of industry dynamics is essential for timely adjustments in investment strategies [11][12]

证券代码：300007 证券简称：汉威科技 公告编号：2025-002 汉威科技集团股份有限公司 关于股票交易异常波动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、股票交易异常波动的具体情况 汉威科技集团股份有限公司（以下称"公司"）股票交易价格连续 3 个交易 日（2025 年 2 月 17 日、2025 年 2 月 18 日、2025 年 2 月 19 日）收盘价格涨幅 偏离值累计达到 30%，根据《深圳证券交易所交易规则》等相关规定，属于股票 交易异常波动的情况。 二、公司关注并核实情况的说明 1、针对公司股票交易异常波动，公司及全体董事、监事、高级管理人员就 相关问题进行了自查，现就自查情况进行如下说明: （1）公司前期披露的信息不存在需要更正、补充之处； （2）公司未发现近期公共传媒报道了可能或已经对本公司股票交易价格产 生较大影响的未公开重大信息； （3）近期公司经营情况及内外部经营环境正常，公司核心业务仍为传感器、 仪器仪表的研发、生产、销售以及相关智慧化综合服务，业务内容和经营情况未 发生重大变化。 2、针对公司股票交易异常波动， ...