Core Viewpoint - Zhenyu Technology plans to invest 2.11 billion RMB in humanoid robot precision module and component projects from 2025 to 2030, indicating a strategic shift towards robotics and precision manufacturing [2][4]. Investment Plans - The company will sign a strategic cooperation agreement with Ninghai County to invest in precision component manufacturing and humanoid robot modules, with a total investment of 2.11 billion RMB [2]. - The first phase of the investment agreement is expected to be signed soon, and this investment does not constitute a related party transaction or a major asset restructuring [2]. Financial Performance - For the first three quarters of 2025, Zhenyu Technology reported a revenue of 6.593 billion RMB, a year-on-year increase of 31.47%, and a net profit attributable to shareholders of 412 million RMB, up 138.93% year-on-year [2]. Product Development - The company has established a product structure focused on three main series: reverse planetary roller screw, linear actuators, and precision components for dexterous hands [4]. - Although the company has received small batch orders for these products, the revenue contribution remains minimal, highlighting the need for capacity building in emerging fields [4]. Funding and Financial Health - The funding for the new investment will come from the company's own or self-raised funds, and the company’s financial condition is reported to be good, ensuring that normal operations will not be adversely affected [4]. - The project construction will take time, and there is uncertainty in downstream demand, with initial capacity utilization potentially affecting profitability [4]. Strategic Decisions - Zhenyu Technology has decided to terminate investments in the electric vehicle power system core components project and will dissolve its wholly-owned subsidiaries, Taicang Vanster Machinery Technology Co., Ltd. and Jiangsu Vanster Technology Co., Ltd. [6]. - The company aims to optimize resource allocation and improve operational efficiency through this strategic move, which is not expected to harm the interests of the company or its shareholders [7]. Future Outlook - The expansion of the new energy electric vehicle drive motor core production base in Suzhou High-tech Zone is expected to be the largest and most intelligent in the country, indicating a focus on enhancing production capabilities in the electric vehicle sector [6].
300953，布局人形机器人