Core Viewpoint - Ningbo Fangzheng plans to enter the deep-sea robotics sector through a strategic partnership with Shandong Future Robotics, aiming to enhance its core competitiveness and align with national industrial policies [1][2]. Group 1: Strategic Cooperation - The strategic cooperation agreement between Ningbo Fangzheng and Future Robotics will last for three years, focusing on joint development in the industrial robotics field [1]. - The collaboration will involve specific cooperation in components, technology research and application exploration, and market development [2]. Group 2: Market Potential - The Chinese government has identified "deep-sea technology" as a key area for emerging industries, with the marine economy surpassing 10 trillion yuan, indicating significant market potential [2]. - Deep-sea robots, including AUVs, ROVs, and UUVs, are crucial for various applications such as offshore wind power, deep-sea mining, and underwater communication [2]. Group 3: Company Background - Future Robotics, established in 2005, specializes in work-class robots and deep-sea engineering equipment, with a diverse range of applications in underwater operations [3]. - The company recently completed a strategic financing round, raising several hundred million yuan, with notable investors including China National Petroleum Corporation and other capital firms [3][4]. Group 4: Financial Performance - Future Robotics reported projected revenues of 276 million yuan and net profits of 97.18 million yuan for 2024, with a significant order backlog extending to 2026 [4]. - The company aims to achieve an annual output value exceeding 500 million yuan in 2025, indicating strong growth prospects [4].