Summary of the Conference Call on AI Companion Robots Industry Overview - The AI companion robot industry is poised for significant growth, driven by the increasing demand for social interaction solutions in society. The market potential is substantial, particularly in the elderly and youth demographics [1][2]. Key Insights and Arguments - **Market Potential**: - The potential demand for companion robots in the elderly market in China is estimated at approximately 420 billion yuan, based on aging trends and consumer penetration rates [5]. - The youth market (ages 15-34) has a potential demand of around 500 billion yuan, reflecting a high acceptance of interactive AI hardware products [6][8]. - The emotional companionship demand among the youth demographic is estimated to encompass about 50 million potential customers, derived from data on toy enthusiasts and pet owners [7]. - **Market Segmentation**: - Companion robots are categorized into three types: - **Desktop Companion Robots**: Small-sized, basic interaction capabilities. - **Pet Companion Robots**: Focused on emotional attachment, featuring realistic designs. - **Facial Expression Companion Robots**: The largest market segment, capable of displaying hundreds of facial expressions for realistic interaction [3]. - **Technological Barriers**: - The core technological barriers for facial expression companion robots include: - Product design that requires a deep understanding of human anatomy. - Advanced perception and interaction technologies, including language models and emotional recognition. - High-precision facial expression control using micro motors, with some advanced products utilizing up to 60 control units for facial features [4][10]. Additional Important Insights - **AI Toy Market**: - The AI toy market, which includes educational applications, has a potential global demand of 3.6 to 3.9 billion USD, particularly targeting children with autism [9]. - **Servo Motor Market**: - The servo motor market in China is projected to reach 69 billion USD, with a current market size of 10.5 billion USD. The market is highly concentrated, dominated by Japanese and German companies, with domestic players also emerging [11]. - **Development Status of Manufacturers**: - Domestic and international manufacturers are at a similar development stage, focusing on facial expression control and emotional perception algorithms. Notable examples include the UK’s Energy Arts and China’s EX Robotics [12].

Transaction Overview - The company participated in a public auction on July 10, 2025, to acquire robot-related assets from Aldebaran SAS, which is undergoing judicial liquidation, and successfully won the bid for €900,000 [1][5] - The assets will be received and operated by a newly established subsidiary in France, named Maxvision Technology France SAS, set up by the company's Hong Kong subsidiary [1][6] Aldebaran Company Background - Aldebaran SAS, founded in 2005 and headquartered in Paris, specializes in the design, development, production, and commercialization of humanoid robots, with notable products like the Nao and Pepper robots [2][3] - The Nao robot is widely used in STEM education, while the Pepper robot is recognized for its ability to recognize human emotions and is applied in various sectors including commercial services and healthcare [2][3] Auction Details - The auction for Aldebaran's robot-related assets was conducted by the Paris Commercial Court due to the company's bankruptcy, with an initial bidding price of €500,000 and a minimum increment of €50,000 [5] - The company successfully acquired the assets for €900,000, with payment required within 24 hours of the auction [5][6] Investment and Operational Plans - The company plans to invest up to a specified amount in the French subsidiary to support operational needs such as team building, product development, and marketing [6][7] - The establishment of the French subsidiary aims to enhance the company's capabilities in humanoid robot research and commercialization, leveraging Aldebaran's existing R&D and market teams [6][8] Strategic Objectives - The investment aligns with the company's goal to become a leading provider of intelligent products and AI solutions, while also expanding its global market presence [7][8] - The company aims to accelerate the development of humanoid robots and enhance their application in various scenarios, thereby creating synergistic effects with existing technologies [8]