Core Viewpoint - The article highlights the strategic investment by Huamin Co., Ltd. in Guangdong Tiantai Robot Co., Ltd., amounting to no more than 100 million RMB, marking a significant step in the development of the smart robotics sector and enhancing Huamin's competitive edge in hard technology [1][4]. Group 1: Investment and Strategic Collaboration - Huamin Co., Ltd. is deepening its collaboration with Guangdong Tiantai Robot Co., Ltd. through an investment of up to 100 million RMB, indicating a strategic alignment and capital linkage between the two companies [1][4]. - This investment is seen as a critical strategic move for Huamin in the hard technology field, symbolizing a new chapter in technological collaboration and industrial integration with Tiantai [4]. Group 2: Industry Growth and Market Potential - The Ministry of Industry and Information Technology's issuance of the "Guiding Opinions on the Innovative Development of Humanoid Robots" has spurred local governments to implement supportive policies, propelling the robotics industry to new heights [2]. - The robotics market in China is projected to maintain a high growth trajectory, with a compound annual growth rate of approximately 21% from 2024 to 2029, potentially exceeding 410 billion RMB by 2029 [2]. Group 3: Tiantai Robot's Capabilities - Tiantai Robot specializes in core motion units and motion technology solutions, boasting over 200 patents and the ability to develop integrated, high-performance, low-energy modular products [4]. - The company has established a comprehensive R&D and manufacturing capability across the entire supply chain, from robot components to complete systems, and is involved in setting national standards [4].

Core Insights - The company's performance shows a clear recovery trend driven by strong growth in the industrial control segment and a rebound in the medical business, with the industrial control segment becoming a new growth engine [1] - The company achieved revenue of 0.59 billion yuan in Q1 2025, a year-on-year increase of 35.76%, and a net profit attributable to shareholders of 0.13 billion yuan, up 135.75% year-on-year, primarily due to the performance of linear actuators and DC motors [1] - The linear actuator revenue in 2024 reached 1.35 billion yuan, a year-on-year increase of 4.24%, while the DC motor segment grew by 32.78% year-on-year [1] - The decline in performance in 2024 was mainly due to a significant drop in the voice coil motor business, which fell by 91.31% year-on-year, impacted by market demand and inventory consumption [1] - The IVD business is expected to recover as customer inventory depletion is nearly complete, with growth anticipated in IVD orders and expansion into industrial automation, semiconductor, and 3C electronics sectors [1] Strategic Direction - The company is strategically focused on humanoid robots, developing a comprehensive range of core components for motion control systems, including dexterous hands, rotary joints, and linear joints [2] - The company offers various products such as hollow cup motors, precision gearboxes, and ball screws for these applications, with a research and development expense ratio increasing to 10.91% in 2024 [2] - Collaborations with multiple domestic and international humanoid robot industry clients are underway, indicating a strong market position [2] - The global humanoid robot market is projected to reach 12,400 units and 6.339 billion yuan in 2025, with an expected compound annual growth rate of 58.8% until 2030 [2] Capacity Expansion and Global Strategy - New production capacity is being gradually released, with the company's projects for an annual production of 1.8 million micro motors and a new R&D center officially launched in June 2024 [3] - A manufacturing base for screw motors in Thailand is set to begin production in Q3 2025, enhancing the company's global supply chain and competitiveness [3] - The company's performance is expected to enter a growth trend due to the recovery of the medical segment, continued expansion in industrial control, and the release of new production capacity [3] - Revenue forecasts for 2025-2027 are projected at 2.58 billion yuan, 3.05 billion yuan, and 3.72 billion yuan, with year-on-year growth rates of 15.12%, 18.34%, and 21.96% respectively [3]