Changgao Electric Group: The three major production base projects will commence successively. The 550kV combined electrical devices are expected to ramp up production this year | Directly covering the Earnings Conference.

① The company has initiated expansion and quality improvement projects at the three production bases in Ningxiang, Wangcheng, and Hengyang. ② The Jinzhou Phase III project includes a 1000kV GIS equipment plant and a clean room for complete gas-insulated switchgear products, which is scheduled to start construction in June this year and commence production next year, while the GIL assembly plant is planned to start production by the end of this year.

cls.cnMay 6 09:42 ET

Shanghai Electric Group's Q1 Net income surged by 145.7%, with an increase in gross profit margin from core Business | Earnings Reports insights.

In the first quarter, Shanghai Electric Group's performance showed a significant recovery, with operating income increasing by 8.06% year-on-year, and net income increasing sharply by 145.69%. The net income excluding non-recurring items turned a loss into a profit. This improvement in performance is mainly attributed to the steady development of the company's core business, with an increase in core business revenue and gross profit during the reporting period compared to the same period last year.

wallstreetcnApr 28 09:48 ET

Humanoid robot competition: a "technical coming-of-age ceremony" where "flops" and "evolution" occur simultaneously.

① The champion team from Tian Gong, CTO Tang Jian of the Peking Humanoid Robot Innovation Center, told the Star Daily reporter, "The half marathon competition is mainly a limit test for the robot's Hardware and Software motion algorithm, or the stability and reliability of the robot's 'little brain'." ② The Wuxi embodied intelligence sports event opening tomorrow, along with the upcoming robot combat competition held by Yushu, will undoubtedly attract more attention for 'inspection.'

cls.cnApr 24 09:16 ET

Siasun Robot&Automation team "operating" ignites the buzz! The Industry Chain frequently updates progress. Analysts suggest that the next 2-3 years may be a critical period for mass production.

① This year, the Guangzhou Fair has set up a special area for service robots for the first time, and exhibitors revealed that customers made deposits on the spot, with some even stating that "9 out of 10 display models were booked." ② Currently, there are 11 major humanoid Ontology manufacturers in China that have started mass production plans for 2024, with several manufacturers planning to produce over a thousand units in 2025. ③ Analysts state that the next 2-3 years will be a crucial period for large-scale mass production and delivery of robots.

cls.cnApr 21 21:29 ET

The humanoid robot marathon will kick off on April 19, with the industry entering a phase of intensive catalysis.

① According to reports, the world's first humanoid robot half marathon will start at 7:30 AM on April 19th in Peking Yizhuang. ② Shanghai Securities pointed out that the Siasun Robot&Automation Industry Chain has entered a stage of "a hundred flowers blooming, a hundred schools of thought contending". Currently, humanoid robots are entering industrial scenarios, which has become a highly certain application trend domestically and globally. The commercialization of humanoid robots is promising, and attention is recommended for domestic component manufacturers that will benefit.

cls.cnApr 14 19:48 ET

The integration of State Grid assets is accelerating. State Grid Yingda and NARI Technology announced the transfer of state-owned equity on the same day | Quick Announcement.

① State Grid Yingda and NARI Technology disclosed the state-owned equity transfer agreements on the same day, both involving Suzhou Electrical Apparatus Science Academy and NARI Group; ② Both belong to the internal gratuitous transfer of state-owned Assets, so it does not involve a takeover bid, and there has been no change in the actual controller; ③ The equity transfer is to implement the requirements of the State-owned Assets Supervision and Administration Commission of the State Council regarding the reduction of the corporate level and to clarify the equity relationships.

cls.cnApr 11 11:40 ET