SIASUN(SZ:300024) Shen Zhen Shang Bao·2025-08-05 17:24Core Insights - The production of industrial robots in Shenzhen has increased by 38.0% year-on-year, signaling a recovery in manufacturing and industrial upgrades [1] - Shenzhen's robot industry is rapidly developing into a trillion-level industrial cluster, with a total output value of 179.7 billion yuan in 2023, ranking first in the country [1] - The number of robot companies in Shenzhen reached 74,000 in 2024, with the total output value of the industry exceeding 200 billion yuan for the first time [1] Industry Development - The "Robot Valley" in Nanshan District is home to rapidly growing tech companies like Youjiang, Zhongqing, and Zhifang, expanding their product application scenarios [1] - Companies are achieving significant milestones, such as robots performing complex tasks and securing large orders for humanoid robots [1] - The supply chain in Shenzhen is highly interconnected, facilitating the rapid assembly of robots with components sourced from nearby enterprises [2] Technological Advancements - Humanoid robots are transitioning from being mere technological spectacles to practical industrial applications, with companies leveraging core technologies to secure large orders [2] - The first coverage report by JPMorgan on the humanoid robot company UBTECH rated it as "overweight" with a target price of 135 HKD, highlighting its stable customer base and significant procurement orders [2] Product Innovation - Shenzhen companies are maintaining high-speed innovation, with UBTECH's Walker S2 humanoid robot featuring a self-replacing battery function for continuous operation [3] - The Atom humanoid robot from Youjiang demonstrates remote operation capabilities, completing tasks from a distance of 1,800 kilometers [3] Policy Support - Shenzhen is enhancing its support for the AI and robotics industry, including the launch of 100 application scenarios and a special fund of 10 billion yuan [3] - The city's initiatives aim to strengthen industrial momentum and foster high-quality development in manufacturing [3]