SIASUN(SZ:300024) Zheng Quan Shi Bao Wang·2025-11-25 23:17Core Insights - The industrial robot market in China has seen significant growth, with production reaching 602,700 units from January to October this year, marking a year-on-year increase of 28.8%, surpassing the total expected for 2024 and setting a new record [1] Group 1: Market Performance - There are 50 concept stocks in the A-share market related to industrial robots, focusing on areas such as complete robot systems, parts production, reducers, and cables [1] - The average stock price increase for these concept stocks this year is 32.41%, with notable performers including Wolong Electric Drive and Zhongdali De, whose stock prices have doubled since the beginning of the year [1] - Wanma Co. and New Times Da have seen cumulative increases of over 80% [1] Group 2: R&D Investment - A significant emphasis on R&D investment is observed among industrial robot concept stocks, with 34 out of 50 stocks reporting R&D expenses accounting for over 5% of their operating income, representing nearly 70% of the total [1] - The companies with the highest R&D expense ratios include Huazhong CNC, Silin Jie, and Jingye Intelligent, with ratios of 26.58%, 25.04%, and 23.14% respectively [1] - Twelve concept stocks have increased their R&D spending by over 20% year-on-year in the first three quarters, with Efort-U, Jingye Intelligent, and Zhongchen Technology leading with increases of 86.29%, 64.87%, and 61.41% respectively [1][2]