Baoshan Iron & Steel invests in a subsidiary of Maanshan Iron & Steel, accelerating the integration of Steel assets | Quick-read announcement.

① Baoshan Iron & Steel plans to invest 9 billion yuan to acquire shares in Maanshan Iron & Steel's most severely loss-making subsidiary, Maanshan Limited. ② Baoshan Iron & Steel stated that the investment aligns with the company's Global Strategy, can fully leverage the competitive advantages of its professional Sector, effectively enhance the competitiveness of both parties, achieve synergistic development and share benefits, and further increase regional market influence and competitiveness.

cls.cnApr 17 11:11 ET

Hangzhou Advance Gearbox Group: Sales growth of wind power products drove the company's double-digit growth in performance last year. There are currently no sales for the humanoid robot joint project.｜Interpretations

① Hangzhou Advance Gearbox Group's revenue last year increased by 22.22% year-on-year, mainly due to the rise in revenue from wind power products; ② During the reporting period, the revenue of wind power and industrial transmission products rose by 91.18% year-on-year, while the cost of goods sold also increased by 96.01% year-on-year, and the gross margin decreased by 2.42 percentage points; ③ The project related to the humanoid robot's 'high integration high power density joint component technology' will not generate sales revenue this year.

cls.cnApr 16 07:45 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

Yushu Technology will launch live broadcasts of Siasun Robot&Automation battles, and the Sector is expected to rise once again.

① Yushu Technology has announced that it will launch robot combat live broadcasts in about a month. ② Guotai Junan Research Reports point out that, as a key link in the China-U.S. Technology rivalry, the importance of robots is self-evident. The year 2025 is expected to be the starting year for the mass production of humanoid robots, and related industry chain companies are likely to enter a growth phase.

cls.cnApr 10 20:04 ET

A reshuffle is imminent as SPIC Industry-Finance Holdings officially announces a new Director | Read the announcement.

① SPIC Industry-Finance Holdings has a change in leadership, officially announcing the new Chairman, Feng Junjie; ② The company announced last night that the asset restructuring and supporting financing plan has been approved by the State-owned Assets Supervision and Administration Commission of the State Council.

cls.cnApr 10 11:20 ET

Zhejiang Narada Power Source's Executive President Gao Xiubing: The Datacenter Business has a full Order volume, and the mass production cost of Solid State Battery is expected to be lower than 1 yuan/Wh | Financial Special Interview

① This year, the growth of the company's Datacenter Business is a new highlight, with domestic Orders currently full and capacity utilization exceeding 90%; ② Gao Xiubing stated that in two to three years, the company's Solid State Battery will be usable in low-altitude aircraft; ③ With the accelerated layout of computing power center construction, the Datacenter battery products are experiencing explosive growth, with simultaneous growth in both domestic and overseas markets.

cls.cnMar 30 21:22 ET