ESTUN AUTOMATION(SZ:002747)2022-12-04 09:50Group 1: Financial Performance and Pricing Strategy - The company's robot product pricing system has not undergone significant adjustments, with flexible pricing policies for key strategic customers and promotional policies for popular robots [1][3] - The gross margin of the company's robots has been increasing year by year due to enhanced cost control and manufacturing quality [2][3] Group 2: Supply Chain and Component Procurement - The procurement of key components, particularly reducers, is stable with normal supply and stable prices [2][3] - The company has improved its cost control over the years, enhancing the synergy between core components and robot development [2][3] Group 3: Mergers and Acquisitions - The company has completed the acquisition of 51% equity in Dingpai Electromechanical, with a cash payment of CNY 408.98 million [2][4] - Cloos will be consolidated into the company's financial statements starting from January 1, 2020, following the completion of the acquisition [2][4] Group 4: Strategic Partnerships and Market Expansion - A strategic cooperation agreement was signed with Yizhong Group, committing to the use of at least 500 robots and 5,000 servo systems over three years [5][6] - The collaboration aims to leverage both companies' strengths in high-end intelligent machinery and the tobacco industry [5][6] Group 5: Research and Development Investment - The company maintains R&D investment at around 10% of sales revenue, focusing on building a globally competitive R&D framework [6] - The company has established three major R&D teams and collaborates with international experts and institutions to enhance product competitiveness [6]