Hangcha (SH:603298) Zheng Quan Ri Bao Wang·2025-10-31 13:24Core Insights - The CeMAT ASIA 2025 exhibition showcased advancements in logistics technology, emphasizing intelligent upgrades and green transformation, with participation from over 900 companies across nearly 40 countries [1] - Hangcha Group launched its first logistics humanoid robot, the X1 series, marking a strategic shift from traditional industrial vehicle manufacturing to comprehensive intelligent logistics solutions [1] - The X1 series features a wheeled chassis and humanoid upper body, capable of performing various logistics tasks such as box transfer and stacking, adaptable to complex environments like warehouses and manufacturing [1] Group 1 - The X1 humanoid robot has 14 degrees of freedom in its arms, providing flexibility and a larger operational range, making it suitable for general handling scenarios, outperforming traditional Automated Guided Vehicles (AGVs) [1] - The choice of wheeled robots over bipedal robots is due to lower costs and more mature technology, making them more suitable for structured environments like factories and malls [2] - Hangcha Group's humanoid robot is currently in the prototype testing phase, with plans for larger-scale sales next year and potential development of bipedal robots to complete their product matrix [2] Group 2 - The acquisition of a 99.23% stake in Guozhi Robotics enhances Hangcha Group's capabilities in sales channels, supply chain, and vehicle design, while Guozhi Robotics excels in control software algorithms [3] - Hangcha Group aims to increase strategic investments in the robotics sector, using the humanoid robot as a starting point to deepen the integration of intelligent logistics and manufacturing [3]