ESTUN AUTOMATION(SZ:002747)2025-08-01 11:16Group 1: Investor Relations Activities - The company conducted various investor relations activities, including on-site meetings and conference calls, with participation from multiple financial institutions and investment firms [2][3][4][5][6][7][8][9][10][11][12][13][14][15]. Group 2: Reasons for Hong Kong Listing - The company aims to enhance its global strategy and core competitiveness through its listing in Hong Kong, which will help increase international visibility and attract overseas partners [4][5]. - The funds raised from the H-share issuance will be used for expanding global production capacity, seeking strategic alliances, advancing next-generation industrial robot technology, and improving global service capabilities [5][6]. Group 3: Future Demand in the Robotics Industry - The company remains optimistic about future demand in the robotics industry, driven by opportunities for domestic brand replacement, automation needs in traditional manufacturing, and the integration of AI with industrial robots [7][8][9][10]. - The rapid growth of emerging industries such as new energy vehicles and semiconductors presents new growth points for industrial robots [8][9]. Group 4: Global Business Planning - The company is enhancing its international competitiveness through a comprehensive global strategy involving product and brand globalization, overseas marketing, and manufacturing base layout [11][12]. - The establishment of 75 service points globally, with a focus on Europe, America, and Southeast Asia, supports the company's international market expansion [12]. Group 5: Q2 Performance and Future Outlook - The company reported a significant increase in industrial robot sales in Q2, driven by recovering market demand and accelerated domestic brand replacement [13]. - The company anticipates a turnaround in net profit for the first half of 2025, with improved operating cash flow and reduced expense ratios [13]. Group 6: Application of Embodied Intelligence Technology - The company is investing in the development of embodied intelligence technology, focusing on the integration of AI and robotics to enhance product intelligence and application value [14]. Group 7: Impact of National Policies on Competition - The "anti-involution" policy is expected to accelerate the exit of smaller companies lacking core technologies, leading to increased industry concentration and a shift towards technology-driven competition [15]. - The company plans to maintain high R&D investment to capitalize on domestic replacement opportunities and improve product competitiveness [15].