Group 1 - The company, Kaichuang Electric (301448.SZ), is planning to establish a holding subsidiary named Yangu (Beijing) Robot Intelligent Technology Co., Ltd. with a proposed registered capital of RMB 80 million [1] - Kaichuang Electric intends to hold a 55.50% stake in the new subsidiary, which will focus on the research and sales of various types of robots, mechanical equipment development and sales, and maintenance of electronic and mechanical equipment (excluding special equipment) [1] - The research and development team for the subsidiary is still in the process of being formed, leading to uncertainties in development progress, product launch timelines, and results conversion [1] Group 2 - Currently, there are many companies in China engaged in robot research and development, and the new subsidiary is still in its early development stage, indicating a gap in overall capabilities compared to leading enterprises in the industry [1] - There are no clear customers or orders for the new subsidiary at this stage, highlighting the challenges it may face in establishing a market presence [1]