Xin Lang Cai Jing·2025-11-03 10:17Core Insights - Ningbo Xingji Power Technology Co., Ltd. has been officially established through a joint investment by Hongrun Construction and Shanghai Matrix Superintelligent System Integration Co., Ltd. [1] - The Star 1 robot has been launched, with plans for mass production by 2026 [1] - The price of the Star 1 robot is expected to be affordable for the general public within the next two to three years [1] Company Developments - Matrix Superintelligent's founder, Zhang Haixing, highlighted the ongoing price competition and "involution" phenomenon in the humanoid robot sector [1] - Current market offerings include robots priced as low as several thousand yuan, but comparisons between different categories of robots may not be meaningful [1]