NBHX(SZ:002048) Sou Hu Cai Jing·2025-10-20 13:56Core Viewpoint - Ningbo Huaxiang (002048.SZ) has received approval from the Shenzhen Stock Exchange for a private placement of shares, aiming to raise up to 2.92 billion yuan for projects in intelligent chassis and robotics [1][4]. Group 1: Fundraising and Investment Plans - The company plans to issue no more than 244 million shares, which is up to 30% of its total share capital before the issuance, with a total fundraising target of no more than 2.92 billion yuan [1]. - The net proceeds will be allocated to the construction of bases in Wuhu and Chongqing, as well as a research and development center, focusing on intelligent chassis and robotics [1]. Group 2: Developments in Robotics - In 2023, Ningbo Huaxiang made significant advancements in humanoid robotics, including strategic partnerships and production contracts with companies like Xiangshan Industrial Investment and Shanghai Zhiyuan [1][3]. - The company aims to deliver over 1,000 units of full-size biped robots in the second half of this year, with plans for rapid scaling in the following year [1]. Group 3: Material Innovations - Ningbo Huaxiang is enhancing its competitive edge in lightweight materials for humanoid robots by collaborating with Jilin University on core patents for polyether ether ketone (PEEK) materials, with a production capacity target of 12,000 tons by 2026 [3]. - The goal is to reduce the cost of PEEK materials to 200,000 yuan per ton, which has broad applications in robotics and automotive lightweighting [3]. Group 4: Future Growth Projections - The company aims to achieve a sales target of 60 billion yuan by 2030, up from 28 billion yuan this year, indicating a significant growth trajectory [4]. - With an investment of approximately 80 million yuan in humanoid robotics, projected revenue is expected to reach 500 million yuan by 2025 and exceed 200 million yuan by 2026 [4]. Group 5: Stock Performance - Ningbo Huaxiang's stock has seen a substantial increase, with a cumulative rise of 164.78% as of October 20, 2023, and reached a historical high of 40.60 yuan per share on September 30 [6].