ROBAM(SZ:002508) Chang Jiang Shang Bao·2026-01-15 23:58Core Viewpoint - Boss Electric, a leading kitchen appliance manufacturer, is venturing into the smart robot sector by investing 100 million yuan in Utcook Intelligence International Holdings Limited to explore the smart cooking robot niche market [1][2][5]. Company Overview - Boss Electric specializes in the research, production, and sales of kitchen appliances and has a strong influence in the industry [3]. - The company has demonstrated robust profitability since its listing in 2010, achieving annual profits exceeding 1 billion yuan each year, with net profits consistently above 1 billion yuan since 2016 [3][9]. - As of the third quarter of 2025, Boss Electric reported a net profit of 1.157 billion yuan [3][10]. Financial Performance - Since its IPO, Boss Electric has accumulated profits of 17.144 billion yuan and distributed cash dividends totaling 6.847 billion yuan [4][12]. - The company has maintained a healthy financial status, with a debt-to-asset ratio of 31.40% as of September 2025, and has not engaged in equity refinancing since its listing [4][13]. - The operating revenue for 2025 was reported at 7.312 billion yuan, reflecting a year-on-year decrease of 1.14%, while the net profit showed a decline of 3.73% [10]. Strategic Move into Smart Robotics - The investment in Utcook is aimed at fostering technological innovation and ecological integration within the smart kitchen appliance sector, particularly in the smart cooking robot market [5][6]. - Utcook, established in 2024, focuses on providing commercial smart cooking robot solutions and has developed a range of products supported by over 1,000 patents [6][7]. - The collaboration is expected to leverage Boss Electric's leadership in the kitchen appliance industry and Utcook's expertise in smart cooking technology to explore new market opportunities [7][8].