Orbbec (SH:688322)2024-10-18 07:34Group 1: Company Overview - The main business of Aobi Zhongguang Technology Group Co., Ltd. focuses on 3D visual perception technology, including the design, research, production, and sales of 3D visual perception products [2] - The company has developed a comprehensive technology system that integrates multiple complex disciplines, covering six major fields: structured light, binocular vision, Lidar, and industrial 3D measurement [2] Group 2: Market Trends and Opportunities - The proportion of the population aged 65 and above in China reached 15.40% in 2023, indicating a shift towards an aging society, which will increase the demand for humanoid robots [3] - The average wage growth in China's manufacturing sector was 6.1% in 2023, leading to rising labor costs and a structural change in labor supply and demand, further driving the need for humanoid robots [3] - The humanoid robot market is projected to grow from $1.8 billion in 2023 to $13.8 billion by 2028, with a compound annual growth rate (CAGR) of 50.2% [3] Group 3: Product Development and Innovation - The company is focusing on the development of robot vision sensors, AI visual perception, and multimodal interaction platforms, aiming to enhance the capabilities of humanoid robots [4] - New products launched this year include the Gemini 330 series of dual-camera 3D cameras, designed for high reliability, performance, and cost-effectiveness [4] - The company has introduced two high-precision 3D scanning products, CR-Scan Otter and CR-Scan Raptor, to meet the growing demand in various industries [5] Group 4: Financial Performance - The company expects to achieve approximately 137 million yuan in revenue for Q3 2024, representing a year-on-year growth of about 45.69% and a quarter-on-quarter increase of approximately 13.78% [6] - For the first three quarters of 2024, the projected revenue is around 350 million yuan, an increase of approximately 34.94% compared to the same period last year [6] - The company anticipates a net loss of approximately 7.2 million yuan for Q3 2024, a reduction in loss of about 86.08% year-on-year [6]