Wanma Co., Ltd.(002276) 证券时报网·2025-02-12 06:45Industry Overview - Humanoid robots are identified as a key sector for future industries, with significant growth expected in shipments by 2025, marking a new phase of rapid development [1] - According to CITIC Securities, global humanoid robot shipments are projected to exceed 2,000 units in 2024, officially entering a commercialization phase [1] - The humanoid robot sector is anticipated to experience an explosive growth point in 2025 [1] Company Insights - Wanma Co., Ltd. is a leading enterprise in the domestic wire and cable materials sector, with a strong market position and a comprehensive range of products [2] - The company has developed high-performance cables for industrial robots and new energy automation equipment, indicating a technological overlap with humanoid robots [2] - Wanma Co., Ltd. is currently engaged in the research and manufacturing of cables and harnesses for robots and plans to expand its business scope and engage in upstream and downstream collaborations [3] Market Potential - The global market for robotic dogs is estimated to be worth several hundred billion dollars, with expectations for rapid growth in the coming years [3] - China's robotic dog market is projected to expand significantly, with a compound annual growth rate (CAGR) of approximately 20% [3]