SIASUN(SZ:300024) Guan Cha Zhe Wang·2025-10-24 02:00Core Insights - The core focus of the article is the launch of the new industrial-grade interactive embodied robot, ZhiYuan Spirit G2, which is designed for various applications in industrial, logistics, and guiding scenarios [1][3]. Product Overview - ZhiYuan Spirit G2 is built to industrial standards, featuring high-performance joints, high-precision torque sensors, and a spatial perception system, enabling rapid learning and deployment [1]. - The robot has already secured orders worth hundreds of millions from companies like Joyson Electronics and Longqi Technology, with initial commercial deliveries underway in automotive parts manufacturing and precision assembly in consumer electronics [1][3]. Market Potential - The industrial scene is identified as a "high-potential large market," with a focus on deploying robots in simple indoor environments to drive data-driven iterations and emphasize return on investment (ROI) [1][12]. - Despite a high automation rate in industries, there remains a significant number of workers, indicating opportunities for robot deployment due to labor shortages and instability [12][14]. Design and Functionality - The G2 model inherits advantages from its predecessor, G1, and has undergone optimizations based on deployment experiences, focusing on multi-scenario adaptability [3]. - The robot's design includes a human-like wrist with two degrees of freedom, allowing it to operate in confined spaces, and features a rotatable waist and foldable legs for various applications [5][6]. Industry Perspectives - There is a divide in the industry regarding the deployment of robots, with one faction advocating for an "industrial-first" approach, while another emphasizes specific scene segmentation for faster commercialization [8][10]. - The article highlights the challenges faced by humanoid robots in outdoor environments and the need for simpler, fixed demands to facilitate practical deployment [11][12]. Global Strategy - ZhiYuan is focusing on global market expansion, aiming for overseas revenue to account for 30% or more of total income, driven by higher labor costs and demographic challenges in developed countries [14]. - The company is building a global distribution network and collaborating with local partners for product design, development, and sales to better penetrate local markets [14]. Economic Considerations - The pricing for the Spirit G2 ranges from 500,000 to 600,000 yuan, positioned between high-end collaborative robots and heavy industrial robots, with a payback period of 2-3 years considering labor costs and employee turnover [18].