人民财讯12月10日电，恒辉安防（300952）在机构调研中表示，结合行业发展规律与自身技术积累，公 司认为机器人皮肤衣、皮肤手套正从"辅助部件"升级为"核心刚需"，是人形机器人从B端工业场景向家 庭服务、医疗健康、办公、社区、消费娱乐等To C服务场景延伸的关键支撑。要最终实现真正意义上的 电子皮肤衣、电子皮肤手套，还有很大挑战，公司将依托自身制造与原材料布局优势，稳步推进相关产 品研发落地，力争抢占细分领域先机。 ...

Group 1: Company Overview - Jiangsu Henghui Security Group Co., Ltd. was established in 2004 and is headquartered in Nantong, Jiangsu, focusing on functional safety protective gloves [1] - The company has been dedicated to the niche market of functional safety gloves for 21 years, differentiating itself from ordinary yarn gloves and disposable nitrile gloves [1] Group 2: Production Capacity Expansion - The company has initiated a large-scale expansion plan with a domestic capacity of 72 million pairs and a Vietnam capacity of 16 million pairs, currently accelerating production line adjustments and capacity release [2] Group 3: Diversification and New Business Segments - The company is extending its business upstream, creating a diversified ecosystem with two new growth areas: 1. Ultra-high molecular weight polyethylene fiber business, with a total planned capacity of 12,000 tons, where 3,000 tons are already operational [3] 2. Biodegradable polyester rubber business, with a planned capacity of 110,000 tons, aiming for mass production by the end of the lunar year [3] Group 4: Robotics Business Development - The robotics business is a natural extension of the company's core operations, leveraging its expertise in glove manufacturing to develop robotic skin and joint protection products [4][5] - The company is actively developing integrated solutions for robotic tendon ropes and flexible joint protection components, with successful product deliveries already achieved [6] Group 5: Market Trends and Future Outlook - The company anticipates that robotic skin and gloves will transition from auxiliary components to core necessities, supporting the expansion of humanoid robots into various consumer service scenarios [6][7] - The company is committed to a phased approach for technological development, focusing on integrating sensors into skin products to reduce costs and enhance market adaptability [8] Group 6: Order Status and Market Response - The company reports a positive trend in glove orders, with recovery in the U.S. market following the easing of tariff policies and increased production capacity in Vietnam [8]

Core Insights - The company, Henghui Security, announced on December 2 that it is making significant progress in the development and application of robotics, with multiple product lines advancing in parallel [1] Group 1: Robotics Development - The company has achieved substantial progress in various protective products for humanoid robots, including flexible joint protectors, protective gloves, waist seals, and helmet neck pieces, which have been successfully delivered [1] - The company is expanding its offerings from single material performance enhancements to integrated solutions that include tendon ropes, casings, clamps, and sensor modules [1] - The company is actively pursuing supplier qualification and integration for its robotics components [1] Group 2: Customization and Collaboration - The company is focusing on customized product development based on domestic and international client needs, including the development of robotic skin garments and gloves [1] - Samples have been sent to multiple robotics companies, including some overseas clients, and the company is actively promoting collaboration [1]

恒辉安防(300952)在机构调研中表示，目前，公司在机器人领域的开发应用多线并行推进，部分产品已 取得阶段性实质进展。公司开发的机器人柔性关节保护件、防护手套、腰封件、头盔脖颈件等多款外覆 防护产品，已成功实现人形机器人场景的商品交付；机器人传动腱绳已向国内外多家机器人本体企业、 灵巧手企业送样，测试反馈良好；机器人皮肤衣、皮肤手套等，公司目前主要根据国内外客户的定制化 需求或Master Sample开展产品研发与适配开发，已向包括部分海外客户在内的多家机器人企业进行送 样，目前正积极推进合作。 ...

Group 1: Robot Business Development - The company is making parallel progress in robot development, with several products achieving substantial milestones, including protective components and integrated solutions for humanoid robots [2] - The company is focusing on customized development for robot skin clothing and gloves, with ongoing collaborations with domestic and international clients [2] - The company has partnered with leading sensor companies to enhance the development of electronic skin products, aiming to integrate protective and flexible sensing functions [2] Group 2: Market Outlook and Strategic Planning - The company is optimistic about the robot industry's growth, driven by the acceleration of industrialization in humanoid robots, medical robots, and other segments [3][5] - The company has incorporated robot business into its "14th Five-Year" strategic plan, emphasizing a clear layout for technology collaboration and component development [5] - The company plans to build a dual production capacity system in China and Vietnam to ensure supply chain stability and cost advantages [5] Group 3: Production Capacity and Material Development - The company is progressing with a project to produce 4,800 tons of ultra-high molecular weight polyethylene fiber, which is expected to enhance its production capacity and market competitiveness [7][8] - The company anticipates strong growth in the ultra-high molecular weight polyethylene fiber sector, supported by increasing global demand and its unique technological advantages [8] - The biodegradable polyester rubber project is advancing smoothly, with initial production expected to begin in August 2024, and potential customer engagements are underway [9] Group 4: Order Status and Market Response - The company reports a positive trend in glove orders, with a recovery in the U.S. market following a period of pressure due to tariffs [6] - The company is addressing production bottlenecks in new factory processes to meet order delivery demands [6] - The company is actively pursuing market connections for its biodegradable rubber, with preliminary discussions with potential clients in various applications [9]