SIASUN(SZ:300024) Di Yi Cai Jing·2025-10-15 11:25Core Insights - The 138th China Import and Export Fair (Canton Fair) opened on October 15, showcasing a significant interest in high-tech products like robots, with potential orders exceeding seven figures in RMB for some manufacturers [1][2] - U.S. buyers believe that tariffs do not hinder the market potential for Chinese robots, as demand for smart cleaning solutions rises due to inflation and increased labor costs [1][2] Group 1: Market Trends - The demand for delivery and cleaning robots is increasing overseas, particularly in the U.S., where labor costs are high [2] - The global commercial cleaning robot market is expected to maintain rapid growth over the next five to ten years, with new opportunities emerging in applications like shelf inspection and price modification [3] Group 2: Company Performance - Zhihui Technology reported signing export orders for approximately 2,000 commercial cleaning robots in the first half of the year, with an expected year-on-year export growth of nearly 300% [1] - Magic Atom Robotics has seen nearly half of its revenue come from exports, with applications in factories, inspections, and presentations [2] - Yujian Technology's collaborative robots have been exported to over 100 countries, with a projected export growth of over 50% in 2024 [2] Group 3: Competitive Advantages - China's robot industry is competitive globally due to strong R&D capabilities, a comprehensive supply chain, and service support [3] - The majority of components for commercial cleaning robots can be sourced locally in the Pearl River Delta, allowing for rapid response times [3]