Core Viewpoint - Huichuan Technology (300124) announced on August 28 that it does not have information on the inventory cycle of foreign brands [1] Group 1: Company Performance - The price of industrial automation products has decreased this year, but the level of competition has weakened compared to 2024 [1] - The overall gross margin of the company's general automation business remained stable in the first half of the year, and it is expected to maintain stability in the second half [1]

Core Viewpoint - The company announced the launch of a predictive maintenance function for its servo products, which will be promoted through a multi-product solution model integrated with processes, similar to the promotion of conventional servo products [1] Group 1 - The company is focusing on the integration of predictive maintenance features into its servo products [1] - The promotional strategy for the new servo products will not differ from that of traditional servo products [1]

Core Viewpoint - Huichuan Technology (300124) announced on August 28 that it has accumulated experience in screw products and technology, primarily targeting applications in injection molding machines, 3C, and machine tools [1] Group 1: Product Development - The company is developing planetary roller screw products to meet the demand for screw products in humanoid robot applications [1] - Samples of the related products have been sent to customers, but mass production has not yet been achieved [1]

证券日报网讯汇川技术（300124）8月28日发布公告，在公司回答调研者提问时表示，上半年，工业机 器人行业竞争激烈，公司工业机器人业务面临较大压力。出于风险控制考虑，公司主动放弃了部分低附 加值项目，更注重选择有价值的项目推进。 ...

Core Viewpoint - The company is transitioning its energy storage business towards digital energy management, aiming for a breakthrough in new categories to reach a scale of over 1 billion [1] Group 1 - The company's energy storage business is shifting focus to digital energy management [1] - Future scale targets in new categories are expected to exceed 1 billion [1] - The growth potential for new categories such as sensors, vision, and pneumatic is promising due to the company's overall solution sales strategy [1]

Core Viewpoint - The company, Huichuan Technology, is focusing on international business expansion in Europe and emerging markets over the next 2 to 3 years, aiming to leverage growth opportunities in these regions [1] Group 1: International Expansion Strategy - The company plans to prioritize the European market, which hosts numerous leading equipment manufacturing clients and is a hub for industrial automation [1] - Southeast Asia, South Korea, South America, and the Middle East are also identified as regions with significant growth potential, with Southeast Asia and the Middle East showing notable growth in the first half of the year [1] Group 2: M&A Strategy - The company is actively seeking suitable acquisition targets, particularly in the European market, focusing on companies with brand influence and independent management systems [1] - Mergers and acquisitions are considered a key strategy for rapid expansion into overseas markets [1]

Core Viewpoint - The company is focusing on developing core component products based on its own technological accumulation, starting with a foundational platform and standard products, then customizing according to customer needs [1] Group 1 - The company is currently building a basic platform and developing standardized products [1] - The company guides customers with unclear demands to use existing platform solutions [1] - The company is exploring more efficient management models to enhance R&D efficiency and decision-making speed [1]

Group 1 - The core viewpoint of the article is that Huichuan Technology (300124) reported a slight decline in revenue from its inverter products in the second quarter compared to the same period last year [1] - The decline in inverter product revenue is attributed to two main reasons: first, the high revenue base from the same period last year; second, weak demand in key downstream industries such as textiles, air compressors, metallurgy, and coal mining [1]

Core Viewpoint - The company has developed a complete product line in the PLC (Programmable Logic Controller) sector, including small, medium, and large PLCs, with significant sales in various industries [1] Group 1: Product Development - The company has established a comprehensive product series in the PLC field, covering small, medium, and large PLCs [1] - Medium-sized PLCs have achieved large-scale sales in industries such as lithium batteries, photovoltaics, 3C, and packaging, facing competition primarily from international brands [1] - Large PLCs are currently undergoing trial applications in industries like metallurgy, mining, and automotive parts [1] Group 2: Market Demand - The core requirements for large PLCs include high reliability, redundancy, and safety [1] - The company plans to continue promoting the application of large PLCs in key industries in the future [1]

证券日报网讯 汇川技术8月28日发布公告，在公司回答调研者提问时表示，虽近期PMI指数处于荣枯线 以下、外部环境需求疲软，但当前市场存在资源向头部企业靠拢的趋势，头部企业在解决方案、公司实 力、品牌影响力及供应链与销售端均具优势。另外，如果外部环境持续低迷，则相关经济政策或将出 台，以拉动需求增长。 （编辑 袁冠琳） ...