Core Viewpoint - The humanoid robot industry is still in its early stages, and the company's recent product deliveries have had a minimal impact on overall revenue [1] Group 1: Company Developments - The company has successfully connected its linear actuator modules and reverse planetary roller screws with overseas major clients [1] - Domestic humanoid robot manufacturers have either adopted or are in the process of developing the company's linear actuator modules and reverse planetary roller screws, achieving comprehensive coverage in terms of bulk supply, sample delivery, and technical exchanges [1] - The company reported that its main business revenue exceeded 4 billion yuan in the first half of 2025, with recent small batch deliveries contributing minimally to overall revenue [1] Group 2: Industry Insights - The humanoid robot industry is currently in the 0-1 stage of development, indicating significant growth potential but also inherent challenges [1] - The products have been validated by several well-known domestic and international humanoid robot manufacturers, although the revenue contribution from these products remains relatively small [1]
震裕科技:人形机器人业务部分产品近期实现小批量交付 营收占比较小