Ge Long Hui·2025-11-19 10:44Core Insights - The company has made early investments in humanoid robot business, primarily collaborating with overseas brands, leading to significant revenue contributions from these partnerships [1] - In the first half of the year, two overseas brands contributed 35 million RMB in revenue [1] - From the beginning of the year to the end of August, the total value of humanoid robot structural components delivered by the company exceeded 80 million RMB [1] - The company supplies over 400 part numbers for humanoid robots, focusing on dexterous hand transmission and structural components, with plans to expand into larger components [1] - New orders for overseas humanoid robots are accelerating in the fourth quarter, prompting the company to actively expand production [1]