SANHUA(SZ:002050)2023-11-30 11:34Group 1: Business Outlook - The company operates in multiple sectors, including refrigeration and air conditioning components, new energy vehicle thermal management, energy storage thermal management, and robotic electromechanical actuators [3] - The refrigeration and air conditioning components business is in a relatively mature market, expected to grow steadily [3] - The new energy vehicle thermal management sector is on a fast track for growth in the coming years [3] - The energy storage market is anticipated to expand significantly due to the increasing application of peak-valley electricity and energy storage technologies [3] - The robotic electromechanical actuator business is under continuous research and development, with promising future prospects [3] Group 2: Robotics Industry Development - The global focus on the robotics industry has led many economies, including China, to prioritize its development as a national strategy [3] - The company has identified bionic robotic electromechanical actuators as a key project, with ongoing research and product development [3] - The aging population is expected to increase labor supply constraints, driving up labor costs and making "robots replacing humans" a future trend [3] - Actuators, which account for over 80% of the hardware cost in humanoid robots, are crucial for the company's future growth in the robotics market [3] Group 3: Core Components of Electromechanical Actuators - Electromechanical actuators consist of core components such as servo motors, reduction mechanisms, and encoders [3] - There are two main types of electromechanical actuators: linear actuators and rotary actuators [3] - Linear actuators convert rotational motion into linear motion, while rotary actuators include components like servo motors and torque sensors [3] - The company is actively investing in and collaborating on research to prepare for the "robots replacing humans" era [3]