Ningbo PIA Automation (688306)2024-03-18 10:34Group 1: Company Overview - The company, Ningbo Junpu Intelligent Manufacturing Co., Ltd., is a global supplier of intelligent manufacturing equipment, focusing on assembly and testing equipment, industrial/human-shaped robots, and industrial digital intelligent software [1][2]. - In 2023, the company's operating revenue reached 2.175 billion, representing a 9% year-on-year increase [3]. Group 2: Business Development - The company has a leading technological advantage in the assembly and testing of ball screw equipment, with multiple delivery lines to component manufacturers, primarily serving the mid-to-high-end passenger vehicle sector [3]. - The company is committed to ongoing research and development in the field of humanoid robots, having established an Artificial Intelligence and Humanoid Robot Research Institute in 2023 [3][4]. Group 3: Industry Insights - The company views the humanoid robot industry as a key development direction, emphasizing the need for long-term and substantial investment in core component industrialization [3]. - Recent national policies promoting large-scale equipment updates are seen as beneficial for the company's main business growth, aligning with the industry's transformation towards high-quality development [4]. Group 4: Technological Innovation - The company is focused on developing cutting-edge technologies in equipment manufacturing, particularly the application of AI technology as a representation of new productive forces [4]. - A collaboration with Microsoft aims to enhance industrial machine vision's intelligence and accuracy, leveraging large-scale structured data and advanced AI models [4].