Kinco Automation( Shanghai) (SH:688160)2024-05-17 07:36Group 1: Market Overview - The largest market segment in the robotics industry is industrial mobile robots (AGV/AMR), contributing 90% of the company's sales revenue [2] - In 2023, the company achieved a doubling of sales in the collaborative robot sector, with approximately 14,000 units of frameless torque motors shipped [2] Group 2: International Expansion - The company's overseas exports primarily consist of servo drives and human-machine interfaces, with plans to enhance overseas market promotion in 2024 [2] - A local sales team is being established in Europe and parts of Asia to support the company's international market localization efforts [2] Group 3: Industry Benefits - The company possesses a complete industrial control product line, which is expected to benefit from large-scale equipment renewal policies in the manufacturing sector [3] - The industrial control industry, as an upstream sector of manufacturing, will gain from the positive developments in domestic manufacturing enterprises due to these policies [3]