NJEC(SH:600699) Ge Long Hui A P P·2025-10-21 06:56Core Viewpoint - Junsheng Electronics is set to issue H-shares, with its humanoid robot business securing over 100 million yuan in orders from Zhiyuan [1] Group 1: Business Developments - On October 16, Zhiyuan officially launched the new generation industrial-grade interactive embodied robot, the Spirit G2, and commenced the first batch of deliveries under a procurement contract exceeding 100 million yuan with Junsheng Electronics [1] - The company has made significant progress in its business layout, including overseas deliveries of robot components such as the back of the head, neck, shoulders, knees, and fingers to a leading client, and is exploring next-generation head display solutions and head assembly supply [1] - Domestically, the company has collaborated with leading clients like Zhiyuan Robotics and Galaxy General, achieving mass supply of customized main control boards and is in the process of delivering various precision IMUs and customized fisheye cameras [1] Group 2: Future Projects - Recently, the company's subsidiary secured projects with two major brand OEMs, aiming to develop and provide a range of automotive intelligent products, including Central Computing Units (CCUs) and intelligent networking products [1] - The total estimated order value for the aforementioned projects over their entire lifecycle is approximately 15 billion yuan, with plans for mass production by 2027 [1]