EFORT(SH:688165)2024-09-09 07:36Group 1: Company Performance - In the first half of 2024, the company's robot sales increased by approximately 29% year-on-year, primarily driven by the electronic manufacturing and general industry sectors [4] - The company achieved significant breakthroughs in cross-industry applications, with arc welding applications growing over 100%, smart welding business shipments increasing nearly 150%, spray robots up over 45%, and palletizing robots up about 260% [4] Group 2: Market Trends - The company noted a decline in the photovoltaic and lithium battery sectors, while electronic manufacturing investments are on the rise [6] - The industrial robot market is expected to have substantial growth potential due to the large scale of China's manufacturing industry and a gradual decrease in industrial workers [6] Group 3: Business Strategy - The company plans to focus on the integration of intelligent technology into its robots, enhancing flexibility and programmability for small-batch production in various fields such as intelligent welding and assembly [6] - The system integration business experienced a revenue decline of 18.84% due to strategic risk control measures and the impact of disposing of a subsidiary [5] Group 4: Competitive Landscape - The competition in the robot industry is intensifying, with domestic robot companies increasing their market share, leading to a significant concentration of orders among leading domestic firms [7] - The company's shipment volume in the first half of the year grew by 29%, significantly outpacing the industry average growth rate of 5% [7]