SIASUN(SZ:300024) Xin Lang Cai Jing·2025-09-26 07:31Core Insights - Yushu Technology's CEO Wang Xingxing announced the release of a new 1.8-meter humanoid robot in the second half of the year, following several iterations of their robot algorithms this year [1] - The domestic robotics industry in China has seen an average growth rate of 50% to 100% in 2023, indicating a robust market environment [1] - Yushu Technology's humanoid robots, including models R1, G1, and H1, are part of an accelerating commercialization process, with significant contracts already secured [4] Company Developments - The new humanoid robot will feature 31 joints, enhancing its flexibility and precision in movement [1] - Yushu Technology's H1 robot, released in August 2023, stands at approximately 1.8 meters and weighs 47 kilograms [4] - The pricing for Yushu's humanoid robots varies, with R1 starting at 39,900 yuan, G1 priced at 99,000 yuan, and H1 at 650,000 yuan [4] Market Position - Yushu Technology won a significant contract worth 124 million yuan for humanoid robot services from a subsidiary of China Mobile, marking a substantial milestone in the commercialization of humanoid robots in China [4] - The company anticipates a 220% year-on-year increase in industrial robot orders by 2025, with a contract value exceeding 1.2 billion yuan [4] - Yushu Technology's annual revenue has surpassed 1 billion yuan as of June 2023 [4] Future Plans - Yushu Technology is currently undergoing listing guidance, with plans to prepare for an initial public offering (IPO) by late 2025 [5] - The company's major shareholder, Wang Xingxing, controls approximately 34.76% of the company's equity [5]