Group 1 - A-share listed company Wolong Electric Drive (600580) announced a strategic investment agreement between its subsidiary, Zhejiang Xier Robot Co., Ltd. (Xier Robot), and Shanghai Zhiyuan New Technology Co., Ltd. (Zhiyuan Robot) [2] - Zhiyuan Robot, co-founded by Peng Zhihui, focuses on AI and robotics, developing general humanoid robots [2][3] - Xier Robot, established in 2014 with a registered capital of 60 million yuan, specializes in industrial robot system integration, utilizing brands like ABB and KUKA [4] Group 2 - Wolong Electric Drive's main business includes motors and controls, photovoltaics and energy storage, and industrial internet, with significant investments in the robotics sector [5] - The company has developed key components for humanoid robots, including high-explosive joint modules and servo drives, to promote the industrial application of bionic robots [5] - Following the investment, Xier Robot and Zhiyuan Robot plan to implement a series of demonstration projects to advance embodied intelligence technology from the lab to factory settings [5] Group 3 - Wolong Electric Drive's stock price has been rising since September 2022, benefiting from the robotics concept, reaching a historical high of 32 yuan per share in late February [5] - The company experienced a decline in performance in 2022 and 2023, but it forecasts a profit of approximately 800 million yuan for 2024, representing a year-on-year growth of about 51% [6]
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