SIASUN(SZ:300024) Xin Lang Cai Jing·2025-07-18 02:53Core Viewpoint - The procurement of humanoid robots by Zhiyuan Robotics and Yushu Technology from China Mobile (Hangzhou) marks a significant milestone in the commercialization process of the domestic humanoid robot industry, with a total budget of 124 million yuan (including tax), making it the largest order in the sector to date [1][2]. Group 1: Procurement Details - Zhiyuan Robotics won the bid for the full-size humanoid biped robot with a budget of 78 million yuan (including tax) [2]. - Yushu Technology secured the bid for the small-size humanoid robot, computing backpack, and dexterous hand, with a budget of 46.05 million yuan (including tax) [2]. - The total budget for the procurement project by China Mobile (Hangzhou) is 124 million yuan (including tax), representing the largest order in the domestic humanoid robot sector [2]. Group 2: Commercialization Progress - Since December 2024, Zhiyuan Robotics has announced 8 successful bids, including a recent project for the Zhuhai Embodied Intelligence Application Innovation Center with a bid amount of 12.7362 million yuan [3]. - Yushu Technology, established earlier, has disclosed 168 successful bids, with amounts ranging from several thousand to several hundred thousand yuan, primarily in education, research, and factory inspection [3]. Group 3: Strategic Acquisitions - Zhiyuan Robotics and its concerted action parties plan to acquire at least 63.62% of the shares in Shuangwei New Materials [4]. - The acquisition involves Zhiyuan Hengyue and Zhiyuan New Venture Partnership, which will collectively acquire 29.99% of the shares through a share transfer agreement [4]. - Following the share transfer, Zhiyuan Hengyue intends to further increase its stake in Shuangwei New Materials by offering to acquire an additional 37% of shares, which is expected to enhance Zhiyuan Robotics' control over Shuangwei New Materials and promote financing in the humanoid robot industry [4].