STEP(SZ:002527)2024-03-13 09:31Group 1: Company Overview - Shanghai Xinshi Electric Co., Ltd. has been established for 29 years, starting with elevator control technology and expanding into robotics and motion control [2] - The company has eight production bases, including factories in Shanghai, Germany, Shenzhen, Suzhou, and Hangzhou, focusing on various automation and control technologies [3] Group 2: Robotics Business - The company's industrial robots have a competitive edge due to their proprietary control technology, with 100% of the servo drives supplied by Xinshi [3] - The subsidiary, Xiaao, provides intelligent flexible production lines, integrating multiple industrial robots for optimal utilization in various industries, including automotive and machinery [3] Group 3: Production Capabilities - The Shanghai Electric Factory features advanced intelligent production lines for elevator control cabinets [3] - The German factory specializes in elevator control systems and was one of the first to implement microprocessor technology in this field [3] - The Hangzhou factory offers fully digital intelligent servo drive production lines for customized solutions in smart factories [3]