Core Viewpoint - Fengguang Precision is focusing on the semiconductor and humanoid robot sectors, highlighting its capabilities in producing high-quality components and its plans for future growth in these areas [1][2][3] Group 1: Semiconductor Sector - The company produces various products in the semiconductor field, including motor shafts, robot parts, guide rail sliders, servo motor shafts, and precision components for vacuum pumps [1] - Fengguang Precision is one of the few domestic companies that can reach international standards in core components for vacuum pumps, with sufficient production capacity [1] Group 2: Humanoid Robot Sector - The main product in the humanoid robot sector is the harmonic reducer, which is a technology-intensive component with high technical barriers and a concentrated competitive landscape [1][2] - The harmonic reducer market in China was approximately 2.1 billion yuan in 2022, with projections to exceed 3.3 billion yuan by 2025 [1] - The company plans to achieve mass production capabilities for the full series of 03-32 harmonic reducers by the end of 2024, with an initial production capacity of 300,000 sets [2] Group 3: Market Expansion and Product Development - Fengguang Precision aims to accelerate new product development and improve quality and efficiency to meet diverse customer needs [3] - The company is expanding its market reach by establishing wholly-owned subsidiaries in the United States and Japan, with a global marketing center based in the U.S. [3] - The harmonic reducer products are widely applicable across various industries, including industrial robots, service robots, humanoid robots, CNC machine tools, photovoltaic equipment, medical devices, aerospace, and measurement/analysis/experimental equipment [2]