SIASUN(SZ:300024) 3 6 Ke·2025-11-13 01:47Core Viewpoint - The collaboration between Giant Legend and Yushu Technology aims to establish a joint venture, Yuxing Entertainment Technology Co., Ltd., focusing on the development of interactive smart robot products for the entertainment industry, integrating IP content with technology [1][2]. Group 1: Joint Venture and Collaboration - Giant Legend's subsidiary, Xingchuangyi (Kunshan) Cultural Entertainment Co., Ltd., and Yushu Technology's subsidiary have signed a partnership agreement to create a joint venture [1]. - The joint venture will hold equal shares of 50% between both companies, focusing on the commercialization of robot performances and entertainment experiences [1][2]. Group 2: Product Development and Market Strategy - The companies plan to develop globally influential entertainment interactive robots, with Giant Legend handling IP planning, design, and media promotion, while Yushu Technology will focus on robot design, production, and technical development [1]. - Giant Legend has received two orders totaling 120 million RMB for their four-legged robot "Giant Dog," indicating strong market interest and potential for future sales [4]. Group 3: Market Trends and Consumer Demand - There is a growing demand for high-end robots with entertainment and emotional value, as the market shifts towards consumer-grade products [5]. - The price point of the "Giant Dog" at 20,000 RMB may limit its accessibility to average consumers, highlighting a challenge for broader market penetration [5][6]. Group 4: Industry Insights and Future Directions - Industry experts suggest that the future of robots lies in their ability to connect emotionally with consumers, transforming them from mere tools to companions [5]. - The need for cost reduction in robotic products is emphasized, with examples of lower-priced alternatives available in the market [6].