Core Insights - The humanoid robot industry is accelerating towards commercialization by 2025, with supply chain changes presenting new investment opportunities [1] - Yongzhen Co., Ltd. (603381.SH) has emerged as a key player in the supply chain for intelligent humanoid robots, despite its current market value of 5.3 billion yuan not reflecting its core value in the robotics sector [1][2] Company Overview - Yongzhen Co., Ltd. has over 20 years of technical accumulation in aluminum alloy materials and extrusion, making it a leading manufacturer of aluminum alloy structural components [1] - The company is the largest global producer of photovoltaic frames and has recently acquired Zhejiang Jienowei Automotive Lightweight Technology Co., Ltd., gaining expertise in "flat extrusion" technology [1] Collaboration with Intelligent Robots - The partnership with Intelligent Robots is expected to convert technological potential into actual production capacity, with regular bulk deliveries of core components such as load-bearing structures and joint connectors [1][2] - Yongzhen Co., Ltd. plans to jointly develop magnesium alloy applications with Intelligent Robots to meet the dual demands for lightweight and high-performance materials [2] Market Valuation and Growth Potential - Despite the promising growth in the robotics sector, Yongzhen Co., Ltd.'s valuation remains low, primarily due to its heavy reliance on the photovoltaic business, which accounted for over 90% of its projected revenue of 8.183 billion yuan in 2024 [3] - The humanoid robot market is projected to grow from 25,000 units to 11.63 million units from 2025 to 2035, with a compound annual growth rate of 84.67%, indicating significant market potential for lightweight robotics [3] Institutional Interest - Several investment institutions, including Jiashi, Fuguo, and Dongfanghong, have begun to recognize the undervalued status of Yongzhen Co., Ltd., focusing on its robotics business during recent inquiries [3] - The company is positioned at a critical juncture in the robotics industry, transitioning from technology validation to large-scale production, which could lead to a revaluation of supply chain companies as demand increases [3]