特斯拉“小伙伴”启动上市辅导

Core Viewpoint - Hangzhou Xinjian Electromechanical Transmission Co., Ltd. (referred to as "Xinjian Transmission") has initiated the listing guidance process, with CITIC Securities as its advisory institution. The company is a core supplier of components for Tesla's humanoid robots, with its products already applied in Tesla's Optimus robot in 2022 [1][2]. Company Overview - Xinjian Transmission was established in 1999 and is classified as a C34 general equipment manufacturer, with Shanghai Xinjian Asset Management Co., Ltd. holding a 29.40% stake. The company specializes in the research and production of various components, including rolling forming worm gears and electric drive joints [2]. - In 2022, Xinjian Transmission reported a total revenue of 200 million yuan and a net profit of 17.51 million yuan. The company has obtained multiple patents related to humanoid robots, including methods for self-disturbance control and assembly methods for planetary roller screw pairs [2][3]. Strategic Developments - In the first quarter of 2025, Xinjian Transmission will commence construction of its headquarters and a production base for 1 million units of humanoid robot planetary roller screws, with a total investment of 2.6 billion yuan [3]. - The company has signed strategic cooperation agreements with several listed companies, including a partnership with Zhejiang Honghui Electric Co., Ltd. to collaborate on humanoid robot actuators and another agreement with Wuzhou Xinchun to enhance the production of various components [4]. Industry Trends - The domestic humanoid robot shipment volume is expected to reach 18,000 units in 2025, representing a growth of over 650% compared to 2024. By 2026, this figure could rise to 62,500 units, driven by companies like Tesla and others accelerating production [5][6]. - The global humanoid robot production capacity is anticipated to see significant growth by 2026, with Chinese supply chain companies expected to double their revenues due to increased demand for core components such as 3D vision systems and reducers [6].