Core Viewpoint - The humanoid robot sector is attracting more capital investment, with Runyang Technology planning to invest up to 300 million yuan in Fourier, which has a pre-investment valuation of 8 billion yuan, to enhance its business landscape and competitiveness [1][6]. Company Overview - Runyang Technology focuses on the research, production, and sales of polyolefin foaming materials, with core products including electron beam cross-linked polyethylene (IXPE) [6]. - Fourier Intelligent, established in July 2015, specializes in general humanoid robots and rehabilitation robots, having launched its first lower limb exoskeleton rehabilitation robot, Fourier X1, in March 2017 [4][5]. Investment Details - Runyang Technology's investment in Fourier is aimed at expanding the application scenarios of its foaming materials and enhancing its product technology content, aligning with its strategic development plan [1]. - The investment is expected to positively impact Runyang Technology's continuous development [1]. Product Development - Fourier Intelligent has developed the GRx series humanoid robots, including GR-1 and GR-2, with GR-1 launched in July 2023 and GR-2 set to be released in September 2024 [5]. - The GR-1 robot features 44 degrees of freedom and a height of 165 cm, while GR-2 will have 53 degrees of freedom and a height of 175 cm [5]. Market Presence - Fourier Intelligent has extended its sales channels to e-commerce platforms, offering a range of rehabilitation products from portable aids to high-end training devices [4]. - As of now, approximately 10% of Fourier's rehabilitation business revenue comes from overseas sales [4]. Financial Performance - Runyang Technology reported a revenue of 407 million yuan in 2024, a year-on-year increase of 13.16%, but its net profit decreased by 39.51% to 25.44 million yuan [6]. - In the first quarter of 2025, the company recorded a total revenue of 96.04 million yuan, a slight increase of 0.34%, while net profit dropped by 63% to 4.95 million yuan, indicating significant pressure on profitability [6].