1. Industrial development policy and capital market response:

The Ministry of Industry and Information Technology issued the "Guiding Opinions on the Innovation and Development of Humanoid Robots", proposing to form a humanoid robot technology innovation system by 2025 and ensure the supply of core components. During the "Double 11" period, the official media of the State-owned Assets Supervision and Administration Commission, "State-owned Xiaoxin", demonstrated its technological confidence and innovation strength. The Machine Tool ETF (159663) was affected by the "Guidance Opinions" on humanoid robots, and related constituent stocks performed strongly. The ETF rose by 1.09% in the morning.

2. Market size and development forecast:

The market size of the bearing industry will reach US$130.2 billion in 2022 and is expected to grow to US$279.8 billion in 2032, with an average annual growth rate of approximately 7.9%. The household intelligent robot market is expected to be close to 300 billion yuan, showing strong growth potential.

3. Business operations and market expansion:

Tengzhou Haikun China CNC Machining Equipment Co., Ltd. has improved production efficiency through intelligent manufacturing, and its order delivery on-time rate has increased by 50%. The operating income of Tangshan's industrial robot industry is planned to reach 12 billion yuan by 2025, creating a robot industry base with national influence. Wenzhou enterprises participated in the China Machinery Industry (Russia) Brand Exhibition and exported 7.76 billion yuan to Russia in the first half of the year, a year-on-year increase of 48.5%.

4. Technological innovation and industrial transformation:

The first provincial-level humanoid robot innovation center in China was established in Beijing, aiming to promote the development and industrialization of humanoid robot technology. Haikun CNC Equipment Co., Ltd. has an annual output of 1,600 sets of high-end Large CNC Machining tools and 200 sets of industrial intelligent robots, increasing production efficiency by 40%. Dongfang Electric applies technologies such as AGV and unmanned workshops to improve the intelligence level of the manufacturing industry.

5. Technical barriers and localization process:

The core parts and components of the humanoid robot industry account for more than 70% of the cost, and technological progress drives the development of the entire industry chain. The number of intelligent working faces in China's coal mines has reached 1,400, accounting for 59.5% of production capacity, promoting the intelligent and digital transformation of the coal industry. Zhejiang Xiaxia Precision Manufacturing Co., Ltd. specializes in small module gear manufacturing and has 34 invention patents and 65 utility model patents. It plans to issue new shares and list on the main board of the Shenzhen Stock Exchange, raising 750 million yuan.