Topband(002139) 21世纪经济报道·2025-03-28 07:25Core Insights - The article discusses the financial performance and technological advancements of two Shenzhen companies, Topband Co., Ltd. and Zhenbang Intelligent, in the humanoid robot industry [1][5]. Company Performance - Topband Co., Ltd. reported a revenue of 10.501 billion yuan for 2024, a year-on-year increase of 16.78%, with a net profit of 671 million yuan, up 30.25% [2][4]. - Zhenbang Intelligent achieved a revenue of 1.402 billion yuan in 2024, reflecting a year-on-year growth of 14.37%, but its net profit declined by 2.26% to 203 million yuan [5][6]. Market Position and Competition - Topband holds a leading market share of 13% in the intelligent robot controller sector, while Zhenbang follows with a 2% share, indicating a competitive landscape [1][2]. - Topband focuses on core components like motors and dexterous hand modules, while Zhenbang is exploring intelligent control systems and AI algorithms [2][5]. Technological Development - Topband has established a product platform for servo drives, motors, and motion control, achieving mass production of 8mm and 10mm hollow cup motors, which are characterized by high precision and low power consumption [3][4]. - Zhenbang is concentrating on optimizing intelligent control systems and AI algorithms but has not yet developed competitive core components in the humanoid robot market [5][6]. Research and Development - Topband increased its R&D investment to 9.07% of revenue, focusing on breakthroughs in low-voltage multi-axis bus servo drive technology and dexterous hand modules [4][6]. - Zhenbang's R&D expenditure reached 86.1628 million yuan, accounting for 6.15% of its revenue, with efforts to integrate large model technology into its products [6]. Future Outlook - The humanoid robot industry is expected to mature, with the integration of core component supply chains and intelligent control technologies becoming critical for competitive advantage [6].